Hong Kong's constitutional affairs chief announced a new five-year development blueprint, set for release in Q3. The plan aims to align the city with national development goals and will focus on innovation, technology, and the Northern Metropolis project, while officials assure it complements, not replaces, the free market.
Hong Kong's government will release its first five-year plan in Q3, aiming to align with national development goals. Officials stated it's a strategic guide, not a shift to a planned economy, and will complement existing budgets and policy addresses.
Secretary for Constitutional and Mainland Affairs Janice Tse Siu-wa has emerged as the biggest landlord among Hong Kong ministers after declaring that she has 25 properties in her name in the city, mainland China and the UK. The 61-year-old constitutional affairs chief also revealed that she or her family held shareholdings of more than 1 per cent in eight private companies, including two food-ingredient firms, more than any other principal official has declared. Tse’s portfolio comprises 23...
For the first time in its history – and in a striking departure from its long-standing doctrine of minimal economic intervention – Hong Kong is preparing to draw up a five-year plan. Chief Executive John Lee Ka-chiu has asked all policy bureaus to help draft proposals by the end of the year. To lead the exercise, veteran civil servant Janice Tse Siu-wah has come out of retirement. The Legislative Council, not to be left out, has formed a committee supported by six coordinating groups spanning...
