As China advances its 15th Five-Year Plan in 2026, Hong Kong Special Administrative Region (HKSAR) is poised to strengthen its integration with national development strategies through four key roles, according to CPPCC National Committee member Tu Haiming. The remarks were made during a high-profile address at the third Members' Corridor event on March 11, 2026.
Gateway for Global Expansion
Tu emphasized Hong Kong's unique position as a launchpad for mainland enterprises, revealing that 94% of companies listed in Hong Kong during 2025 originated from the Chinese mainland. These listings generated HK$285.8 billion in capital, maintaining Hong Kong's status as the world's top fundraising hub.
Innovation Engine and Financial Powerhouse
As the third-largest global financial center, Hong Kong is positioned to drive industrial innovation through enhanced financial support for developing new quality productive forces. This aligns with broader efforts to upgrade China's manufacturing capabilities under the current Five-Year Plan.
Institutional Bridgebuilding
The region's regulatory alignment with mainland systems enables it to facilitate high-standard institutional opening-up, particularly in cross-border trade frameworks and international cooperation mechanisms.
Green Development Accelerator
Highlighting Hong Kong's leadership in sustainable finance, Tu noted the region's capacity to provide low-cost international funding for green projects across China, supporting national carbon neutrality goals.
With the 15th Five-Year Plan entering its second year, officials stress the urgency for Hong Kong to deepen collaboration with mainland development initiatives while maintaining its distinct advantages under the 'one country, two systems' framework.
