Hong Kong on Monday launched a public consultation for its five-year plan in a politically symbolic step that brings the special administrative region closer to mainland China’s development approach. Secretary for Constitutional and Mainland Affairs Janice Tse said at a news conference that mainland China kicked off its 15th
five-year plan for 2026 to 2030 this year. Hong Kong has long prided itself on minimal government intervention in the economy, even while referencing Beijing’s vision for the city.
The city’s blueprint will help Hong Kong synchronize with and serve the national development plan while upholding a free-market economy, Tse said.
“Aligning with the national 15th five-year plan does not replace the free market,” she said. “Rather, it channels a clear vision and strategic planning through major policies, and that allows the market to develop more stably and clearly.”
