In a comprehensive policy address delivered on September 17, 2025, Hong Kong Chief Executive John Lee outlined a series of measures aimed at revitalizing the city’s economy, enhancing public welfare, and reinforcing its status as a global hub. Speaking at the Legislative Council, Lee emphasized the government’s commitment to accelerating the development of the Northern Metropolis, a strategic area adjacent to Shenzhen, which is poised to become a new business and residential district accommodating approximately 2.5 million people. This initiative aligns with the broader Greater Bay Area project, which seeks to integrate Hong Kong, Macau, and nine Guangdong cities into a cohesive economic powerhouse. Lee also highlighted plans to establish an international gold trading market, expand the fintech sector, and promote green and sustainable finance. Additionally, the government aims to bolster the aviation industry by developing a sustainable fuel supply chain and attracting pharmaceutical companies to conduct clinical trials and advanced medical treatments in Hong Kong. On the social front, Lee pledged to improve housing conditions, increase worker incomes, enhance elderly care, and provide greater opportunities for young people. He also introduced measures to support pet-friendly businesses and incentivize childbirth through tax allowances. Despite the challenges posed by China’s economic slowdown and ongoing trade tensions with the U.S., Lee reaffirmed Hong Kong’s economic growth forecast of 2% to 3% for 2025, underscoring the city’s resilience and potential as a gateway for mainland enterprises seeking global expansion.