Urgent.News

What's breaking now, across thousands of outlets.

World

Hong Kong’s 2026 Policy Address: A Strategic Vision for a Bright New Era

HONG KONG SAR - Media OutReach Newswire - 16 September 2026 - Hong Kong's Chief Executive, John Lee, today (September 16) announced his fifth Policy Address, putting forward a series of measures to create development opportunities and enhance the well-being of the people. "This year marks the opening year of the National 15th Five-Year Plan. In the thick of accelerating global changes not seen in…

Hong Kong’s 2026 Policy Address: A Strategic Vision for a Bright New Era

Hong Kong's Chief Executive, John Lee, unveiled his fifth Policy Address on September 16, 2026, outlining initiatives aimed at fostering development and improving the lives of residents. This year marks the beginning of the National 15th Five-Year Plan, a period of rapid global transformation. With Hong Kong's robust economy, expansive market, and high-quality development, the city is poised for immense opportunities.

Mr. Lee emphasized the importance of accelerating economic growth and enhancing social well-being, heralding a new chapter for Hong Kong. The Policy Address, titled "A Strategic Vision for a Bright New Era: Driving Reform and Boosting Development, Unleashing Opportunities and Enhancing Livelihood," aligns with the First Five-Year Plan for Economic and Social Development in Hong Kong (2026-2030).

Key measures include enhancing education, industry, and international cooperation. To attract high-calibre talent, the government plans to expand the Northern Metropolis University Town, increase research postgraduate places by approximately 30%, and establish five new academies for international talent training. Industry development is promoted through measures such as accelerating the international gold trading market, offering tax concessions for related activities, and exploring higher Exchange Fund gold holdings.

Special industry parks, including Loop Hong Kong Park and San Tin Technopole, will be developed to offer increased investment opportunities. Tax concessions will be granted to enterprises based on the value they bring, with preferential rates of 5% or half-rate for select sectors. Hong Kong will also become a global capital of mediation, host a UN centre of excellence on global advanced manufacturing, and support the establishment of the International Institute for the Unification of Private Law.

The unveiling of this comprehensive strategic roadmap marks a critical juncture in Hong Kong's transition from stability to prosperity.

Written by urgent.news from Arabian Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thearabianpost.com →

More in World

More from Wednesday 16 September →