The Chief Executive of the Hong Kong Special Administrative Region, Lee Ka-chiu, will announce the “First Five-Year Plan for the Economic and Social Development of the Hong Kong Special Administrative Region” on September 16. While attending the Hong Kong Association of Banks event today, Li Jiachao said that in the first year of the country's “15th Five-Year Plan”, Hong Kong formulated its first five-year plan to help Hong Kong integrate and serve the overall development of the country. #香港首个五年规划9月16日公布 # He emphasized that the five-year plan will make good use of Hong Kong's unique role as a “super contact” and “supervalue-added person” to connect mainland capital and enterprises to the global market, while introducing international capital, technology and talents, and the banking industry is a key partner among them. Li Jiachao pointed out that the SAR government can work with the banking industry to promote development in a number of key areas, including expanding offshore RMB business and deepening financial “connectivity”; he also indicated that it will expand “connectivity” mechanisms with the mainland, including “Stock Connect,” “Bond Connect,” and “Cross-border Wealth Management Connect.”

The Chief Executive of the Hong Kong Special Administrative Region, Lee Ka-chiu, will announce the “First Five-Year Plan for the Economic and Social Development of the Hong Kong Special Administrative Region” on September 16. While attending the Hong Kong Association of Banks event today, Li Jiachao said that in the first year of the country's “15th Five-Year Plan”, Hong Kong formulated its first five-year plan to help Hong Kong integrate and serve the overall development of the country. #香港首个五年规划9月16日公布 # He emphasized that the five-year plan will make good use of Hong Kong's unique role as a “super contact” and “supervalue-added person” to connect mainland capital and enterprises to the global market, while introducing international capital, technology and talents, and the banking industry is a key partner among them. Li Jiachao pointed out that the SAR government can work with the banking industry to promote development in a number of key areas, including expanding offshore RMB business and deepening financial “connectivity”; he also indicated that it will expand “connectivity” mechanisms with the mainland, including “Stock Connect,” “Bond Connect,” and “Cross-border Wealth Management Connect.”