Chinese Vice-Premier He Lifeng has underscored the pivotal role Hong Kong is set to play in China’s next phase of development, as outlined in the country’s 15th Five-Year Plan (2026-30). Speaking via video at the Global Financial Leaders’ Investment Summit in Hong Kong, He emphasized that the special administrative region will benefit from significant new opportunities under the national strategy. The 20th CPC Central Committee recently adopted recommendations for the plan, which includes targeted measures to bolster Hong Kong’s growth and stability. He highlighted Hong Kong’s unique position as a global financial hub and urged it to actively engage in global financial governance reforms. Additionally, he pledged China’s commitment to expanding high-standard institutional openness, collaborating with other nations to address global economic challenges, and fostering a stable international economic order. This, he noted, would inject momentum into the global economy amid ongoing uncertainties.
Chinese vice-premier stresses new significant development opportunities for Hong Kong
