Chinese Vice Premier He Lifeng has highlighted Hong Kong's pivotal role in China's next phase of national development, emphasizing that the region will gain "new significant development opportunities" through strategic deployments in the upcoming 15th Five-Year Plan (2026-2030). The remarks came during a video address to Hong Kong's Global Financial Leaders' Investment Summit this week.
The 20th Communist Party of China Central Committee recently outlined priorities for the five-year blueprint, building on Hong Kong's achievements during the 14th Five-Year Plan period (2021-2025). He noted that with central government support, Hong Kong leveraged its unique advantages to contribute to national reforms while maintaining its own economic stability.
"Hong Kong should actively participate in global financial governance research and practice," He urged, positioning the region as a bridge for international economic collaboration. The vice premier reaffirmed China's commitment to institutional opening-up and multilateral cooperation to address global economic challenges, aiming to "inject more stability" into world markets.
Analysts observe that Hong Kong's integration into national development strategies continues to balance its global financial hub status with mainland connectivity. The speech comes as international investors watch for concrete measures to enhance cross-border financial infrastructure and regulatory coordination.
