Hong Kong Speeds First 5-Year Plan as John Lee Cites 5.9% GDP Growth
Updated
Updated · The Star Online · Jul 1
Hong Kong Speeds First 5-Year Plan as John Lee Cites 5.9% GDP Growth
3 articles · Updated · The Star Online · Jul 1
Summary
John Lee said Hong Kong is moving "at full speed" to draft its first five-year plan so it aligns with China’s national 15th five-year blueprint and deepens the city’s role in national development.
Zhou Ji used the 29th anniversary gala to argue closer integration with the mainland will create new opportunities, saying Hong Kong can better balance development and security with central government backing.
Lee pointed to 5.9% first-quarter GDP growth—the strongest quarterly pace in nearly five years—as evidence the economy is gaining momentum under his administration.
Housing remained the government’s main livelihood focus: Lee said 30,000 light public housing flats were launched, about 10,000 rental units were recovered from abuse, and average waiting time fell to 4.7 years.
Zhou said the national security law had helped make Hong Kong "one of the safest cities in the world," framing stability, the Greater Bay Area and the Northern Metropolis as pillars of longer-term growth.