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Hong Kong’s First Five-Year Plan Opening Up New Horizons and Driving Hong Kong Forward

20.10.2026
Policyaddress 2 S

The Government of the Hong Kong Special Administrative Region (HKSAR) launched the First Five-Year Plan for Economic and Social Development (2026-2030) (Hong Kong’s First Five-Year Plan) on 16 September, proactively aligning with the National 15th Five-Year Plan and setting out clear directions and long-term priorities for the city.

Over the next five years, Hong Kong will strengthen its strategic positioning as “Four Centres and One Hub” — an international financial centre, maritime centre and aviation hub, trade centre, innovation and technology (I&T) centre, and talent hub. The city will also accelerate the development of the Northern Metropolis (NM), and deepen its integration into the Guangdong-Hong Kong-Macao Greater Bay Area while building an international collaboration network. 

To support these goals, InvestHK will step up its efforts to attract a broader range of companies, capital and talent to Hong Kong. It will also help Mainland enterprises use the city to expand globally, fostering a two-way flow of “bringing in” and “going global”. Collaborating with various policy bureaux, government departments and the “Hong Kong Team”, we will focus on three key directions: driving high-quality growth through key industries, leveraging Hong Kong’s advantages to help Mainland enterprises expand overseas and fostering new growth momentum via spatial and industrial synergy.

Key Initiatives Include:

Strengthen the Four Centres:

International Financial Centre

• Strengthen our role as the world’s largest offshore RMB business hub 
• Be a world-leading cross-boundary wealth management centre 
• Strengthen our role as an international risk management centre 
• Enhance securities market efficiency and improve our international bond market
• Attract international financial institutions to establish regional headquarters/offices here
• Develop a commodity trading ecosystem with gold as an entry point 

International Maritime Centre and Aviation Hub

• Advance the digitalisation, smart transition, and green transformation of Hong Kong's maritime industry 
• Develop a high value-added maritime services 
ecosystem 
• Foster the development of the international aviation hub 

International Trade Centre

• Expand global trade networks by strengthening connectivity with Europe and America, deepening cooperation with ASEAN and the Middle East, and exploring emerging markets such as Central Asia and Africa 
• Build a high value-added supply chain services centre 
• Deepen the work of the Task Force on Supporting Mainland Enterprises in 

Going Global International I&T Centre

• Enhance the institutional framework for I&T development
– Establish a new “north-central-south” spatial layout anchored by three major tech hubs
 – Accelerate the development of five key research and development (R&D) institutions
• Promote the development of a new industrialisation system
– Consolidate the existing foundation of traditional industries while promoting upgrades towards high-end, smart, and green development
 – Expand industries such as life and health, AI and robotics 
– Foster wider application with respect to areas such as aerospace technology and low-altitude economy 
• Advance health and medical innovation, and deepen science and technology cooperation 

Expedite the Development of NM

• Develop three uniquely positioned University Towns (San Tin, Hung Shui Kiu, and Ta Kwu Ling) guided by the “One Town, Five Elements” concept, which integrates education, technology, industry, talent, and urban development 
• Expedite the development of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone 

Develop an International Hub for High-calibre Talent
 
• Enhance our own capabilities in nurturing and attracting high-calibre talent
• Establish the “Study in Hong Kong” brand

 

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