Martin Jacques: The first five-year plan is an important starting point for Hong Kong to realize its development vision
Quick Look
- Martin Jacques, a former senior researcher at the University of Cambridge, said at the "2026 Bauhinia Cultural Forum" in Hong Kong that Hong Kong is fully qualified to become a great city that belongs to both China and the world.
- Hong Kong's first five-year plan is an important starting point to realize this vision.
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Why It Matters
The "2026 Bauhinia Cultural Forum" opened in Hong Kong on October 9, focusing on the implementation path of Hong Kong's first five-year plan.
China News Service, Hong Kong, October 9 (Reporter Qiu Zhaoxiang) "In the context of a new era, Hong Kong is fully qualified to become a great city, a city that belongs to both China and the world. Hong Kong's first five-year plan is an important starting point to realize the above-mentioned development vision." Martin Jacques, a former senior researcher at the University of Cambridge in the United Kingdom, said when attending the "2026 Bauhinia Cultural Forum" in Hong Kong on the 9th.
On the same day, the "2026 Bauhinia Cultural Forum" opened in Hong Kong. With the theme of "Drawing a Five-Year Plan to Lead Hong Kong's Future Development", the forum focused on the implementation path of Hong Kong's first five-year plan and discussed how Hong Kong can better integrate into and serve the overall development of the country.
During the keynote speech, Martin Jacques elaborated on three key principles based on Hong Kong's first five-year plan and the new policy address. He believes that Hong Kong is undergoing fundamental changes in its economic and development orientation. First, Hong Kong’s development planning is coordinated with the national plan. Secondly, Hong Kong is deeply bound to the Guangdong-Hong Kong-Macao Greater Bay Area. The barriers between cities in the Guangdong-Hong Kong-Macao Greater Bay Area are gradually dissolving, and deep integration has been achieved in fields such as high-tech and artificial intelligence. Hong Kong can reap huge development dividends through cooperation with other cities in the Greater Bay Area.
He also pointed out that the northern metropolitan area (referred to as "Northern Capital") will become a major variable in changing Hong Kong's development pattern. Beidu has a vast land area and can realize the connection and linkage between Hong Kong and Shenzhen. Under the planning and guidance of the SAR government, Beidu is expected to become an important hub in global technological innovation, digital economy, artificial intelligence, international trade and other fields, leading global development in many fields.
Open Questions
- What are the specific details of Hong Kong’s first five-year plan?



