Despite recent China-US summits, great-power rivalry persists, fragmenting global flows. China's 15th five-year plan emphasizes high-quality development, tech self-reliance, and domestic consumption. Hong Kong, under "one country, two systems," can leverage its position as a "superconnector" and global hub for finance, tech, and culture.
Hong Kong is poised to become Asia's multilateral hub, moving beyond its 'Asia's World City' status. This opportunity arises as global governance architecture shifts, with the US withdrawing from multilateral roles and China stepping into leadership. UN agencies are decentralizing, relocating positions from traditional hubs to new locations like Germany, Spain, Bangkok, Nairobi, and Dubai, creating a vacuum Hong Kong can fill.
Anhui Province will focus on four key water management areas during its 15th Five-Year Plan: flood control, water conservation, modern water network construction, and creating 'happy rivers and lakes'. The province aims to enhance disaster prevention, optimize water resource utilization, and promote ecological protection and green water economy development.
China is building a new power grid to handle its growing renewable energy capacity, with wind and solar power now exceeding thermal power. The "15th Five-Year Plan" focuses on integrating these green sources, improving transmission from western to eastern regions, and investing over 5 trillion yuan in new grid infrastructure.
China's State Council released the "15th Five-Year Plan" for modernizing its emergency management system, focusing on proactive prevention, enhanced disaster response capabilities, and strengthening grassroots emergency preparedness. The plan aims to improve safety production and disaster relief efforts from 2026-2030.
Xia Baolong, Beijing's top official for Hong Kong and Macau, visited the Hengqin cooperation zone to promote alignment with China's 15th five-year plan. The visit aimed to deepen integration into the Greater Bay Area and support Hong Kong and Macau in serving national development.
China's State Council has released the "15th Five-Year Plan for Accelerating Agricultural and Rural Modernization" (2026-2030), outlining a roadmap to boost rural development and contribute to national modernization. The plan emphasizes quality over quantity in agricultural development and technological self-reliance.
All 31 Chinese provinces have released their 15th Five-Year Plan outlines, setting economic growth targets and development strategies for the next five years. Key focuses include building modern industrial systems, fostering new quality productive forces, and leveraging regional comparative advantages, with many provinces aiming for around 5% GDP growth.
China's State Council has released the "15th Five-Year Plan for Accelerating Agricultural and Rural Modernization," outlining goals and measures to boost agricultural strength and rural development by 2030 and beyond, emphasizing food security, technological innovation, and rural living conditions.
China plans to invest over 5 trillion yuan in building a new, more secure, green, and intelligent power grid during the 15th Five-Year Plan period (2026-2030). This initiative aims to support rising energy demand, integrate more renewable energy, and ensure national energy security.
Guizhou aims to solidify poverty alleviation gains during the 15th Five-Year Plan by strengthening monitoring, boosting rural industries for income growth, and developing beautiful, livable villages. The province has seen significant improvements in living conditions and rural environments.
Tibet's "14th Five-Year Plan" (2021-2025) concludes with significant achievements in economic growth, improved living standards, ecological preservation, and border security. The region's GDP surpassed 300 billion yuan, with key indicators ranking high nationally. The "15th Five-Year Plan" aims to further solidify Tibet's role as a national security and ecological civilization high ground.
Heilongjiang Province plans to boost its ice and snow and summer resort tourism during the 15th Five-Year Plan period. Key initiatives include enhancing infrastructure, developing new tourism products and services, and expanding the ice and snow economy to create a world-class tourism destination.
Shanxi Province plans to invest 4.6 trillion yuan in 1594 major projects during the '15th Five-Year Plan' period (2026-2030) to support high-quality development and industrial transformation. The plan focuses on leveraging regional advantages, energy transition, industrial upgrading, and stimulating private investment.
Heilongjiang Province outlined its '15th Five-Year Plan' focusing on improving livelihoods and common prosperity. Key initiatives include boosting employment, increasing income, strengthening social security, and enhancing public services like education and healthcare, particularly for the elderly and children.
Yinchuan plans to boost its industrial strength by focusing on "four new" industries: new materials, new energy, new food, and new equipment during the "15th Five-Year Plan" period. The city aims to accelerate its development into an influential industrial hub.
China's "15th Five-Year Plan" (2026-2030) will see over 5 trillion yuan invested in new power grid construction, focusing on ultra-high voltage transmission, urban distribution network upgrades, and rural grid improvements to reduce urban-rural supply gaps and enhance grid intelligence.
For decades, Hong Kong thrived as the world’s freest economy without five-year plans, while mainland China rose to become the world’s second largest economy through them. Now Hong Kong has the rare advantage of both: market dynamism and strategic direction. Harnessed through the collective wisdom of the people, this combination can deliver more than what the market or planning alone can achieve. Hong Kong is preparing its first five-year plan to dovetail with the national 15th five-year plan,...
As Beijing increasingly sees the country as a chessboard, the central government is no longer simply asking every province to grow faster; it wants them to grow differently. Reporting on the end of the 14th five-year plan and preparation for the 15th five-year plan frames provinces and cities as specialised implementation units, reflecting a territorial division of labour. The central government wants provinces to find their rightful place in national development and act in accordance with their...
Hong Kong’s legislature is set to visit Beijing as a full body for the first time since the city’s handover to Chinese rule in 1997, with all 90 lawmakers expected to join the delegation as it seeks better alignment with the national 15th five-year plan. Legislative Council president Starry Lee Wai-king announced on Wednesday that the trip would take place in July. Lawmakers were informed that the seven-day visit to the capital would run from July 19 to 25, during the legislature’s summer...
Guangdong province will “actively align” with Hong Kong’s strategy for the Northern Metropolis megaproject and highlight areas of collaboration as part of the province’s 15th five-year plan. The Guangdong provincial government on Tuesday published its development blueprint, with the term “Guangdong-Hong Kong-Macau Greater Bay Area” mentioned 57 times in the document and a chapter dedicated to the region’s development. Its proposal for economic and social development, as part of Beijing’s...
China has announced it holds the world's largest reserves of 14 essential minerals and plans to increase exploration through 2030. The move highlights Beijing's focus on resource security amid rising geopolitical tensions and export controls on critical materials.
