The address, which reaffirmed a 2% to 3% economic growth target for 2025, comes amid a broader push from Beijing to resuscitate China’s flagging economic growth and emerge from a longstanding real estate crisis. Last year, the Chinese Communist Party called on Hong Kong’s elite to boost China’s overall fortunes. The Northern Metropolis project would create housing for around 2.5 million people and plant a new business district between Shenzhen and Hong Kong.
torsdag 18. september 2025
Hong Kong to ‘fast-track’ mega-project near border
Hong Kong will “fast-track” an ambitious initiative along the border with Shenzhen in mainland China and establish artificial intelligence as a “core industry” to accelerate economic growth, Chief Executive John Lee said Wednesday in his annual policy address.
The address, which reaffirmed a 2% to 3% economic growth target for 2025, comes amid a broader push from Beijing to resuscitate China’s flagging economic growth and emerge from a longstanding real estate crisis. Last year, the Chinese Communist Party called on Hong Kong’s elite to boost China’s overall fortunes. The Northern Metropolis project would create housing for around 2.5 million people and plant a new business district between Shenzhen and Hong Kong.
The address, which reaffirmed a 2% to 3% economic growth target for 2025, comes amid a broader push from Beijing to resuscitate China’s flagging economic growth and emerge from a longstanding real estate crisis. Last year, the Chinese Communist Party called on Hong Kong’s elite to boost China’s overall fortunes. The Northern Metropolis project would create housing for around 2.5 million people and plant a new business district between Shenzhen and Hong Kong.
