Business Blockbuster - Helpng business to be more visible on Google

Business Daily Media


.

Hong Kong’s Chief Executive takes to the airwaves to discuss his strategic vision for development under the city’s First Five-Year Plan

HONG KONG SAR - Media OutReach Newswire - 18 September 2026 - Hong Kong's Chief Executive, John Lee, took part in a radio phone-in programme this morning (September 18), fielding questions about the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (HKSAR) (2026-2030) and his fifth Policy Address, which were unveiled on Wednesday (September 16).



Quizzed on various aspects of the HKSAR Government's new blueprint for economic and social development, Mr Lee said the inaugural Five-Year Plan set out five main objectives for Hong Kong: better livelihoods for all; breakthroughs in economic development; expanding global competitiveness and influence; faster development of the Northern Metropolis; and to better serve the country.

image-1.jpeg

On expanding global competitiveness, Mr Lee said the Government would make good use of its international networks.

"The strength of Hong Kong is its international status, and we have been emphasising on how we ensure the internationalism or the 'internationalness' of Hong Kong. We are expanding to cover every part of the world where we can reach," Mr Lee said, noting that the Government had offices, including Economic and Trade Offices, and the offices of Invest Hong Kong and the Hong Kong Trade Development Council, in countries around the world. "I'm very serious about expanding our network."

Since taking office four years ago, Mr Lee has led delegation visits to regions, including ASEAN Member States, the Middle East, and recently Central Asia. "And my colleagues really go more often to different parts of the world, so for South Africa, and also Kenya and these are the very popular African places that my colleagues go to visit," he added.

To boost Hong Kong's influence in overseas markets, Mr Lee highlighted the example of the International Organization for Mediation (IOMed).

"We are very proud to have the headquarters of IOMed set up in Hong Kong, because this is an organisation which is of United Nations status," Mr Lee said. He added that an international office would be set up in Hong Kong under the global network of corruption prevention authorities. "Hong Kong is an international city, which not just is very good at doing business, but is exercising its responsibility as a global participator, and also, we really can contribute."

"And this is also very important, because it just means how, in different areas, Hong Kong is doing very well, and also very connected to the world. And not just being a member, but being a contributor, being really a driver, and we want to share our good experiences, and also learn from other experiences."

The First Five-Year Plan and the 2026 Policy Address placed strong focus on speeding up the development of the Northern Metropolis (NM) project, so as to boost long-term economic development, improve people's livelihoods and help the city to further integrate into overall national development.

"The Northern Metropolis represents about one third of our geographical area. So it is a big piece of land that gives us new opportunities. An opportunity to upgrade ourselves, both from the accommodation angle as well as development angle," Mr Lee said.

Beyond the city's core economic strengths such as finance, shipping and trade, Mr Lee said the NM would provide room for diversifying local industries, creating new jobs and a brighter future as more development opportunities emerge from different kinds of industries as well as closer alignment with national development.

"The NM is actually mentioned in our country's 15th Five-Year Plan. That means it is not just a Hong Kong development, it has been elevated as a state-driven project. And with the elevation of position, we will have to work hard. And I am sure that the Central Government will also help us to ensure that this will be a success story.

"And so, doing the Five-Year Plan has this advantage. We will capitalise on all the opportunities that the state can give us. At the same time, we will remain very fully connected to the international world. So we have the beauty of both worlds."

Asked about Hong Kong's approach to adopting artificial intelligence (AI), Mr Lee stressed the need to take advantage of the opportunities brought by AI, while also protecting against the risks of AI, in areas such as crime, fraud, sexual abuse and potential negative impacts on younger people.

"Last year, we talk very much about how we should benefit from the application of AI, how it will do things faster, and how it will also do things more correctly," Mr Lee said.

"So while we develop and ensure people understand and use it, we also need to tell everybody the potential risks that it will bring."

Mr Lee said the Government would create a post of Commissioner for AI, with a mandate that he is "the chief for the whole government, in terms of AI. It means setting the policy. It means coordinating resources, identify problems for them, setting the best practices, issuing guidelines. And also, very importantly, is developing AI for the whole of government with a view to, after we have developed our experience, let the world also learn from these experiences."







Hashtag: #HongKong #PolicyAddress #First5YearPlan #IOMed #NorthernMetropolis






The issuer is solely responsible for the content of this announcement.

News from Asia

SHARP and ALPRO Pharmacy Introduce MIRAI Living to Champion Healthier Lifestyles for Malaysians

A strategic corporate collaboration combining SHARP's technology capabilities and ALPRO Pharmacy's healthcare expertise to strengthen health awareness and encourage healthier choices across everyda...

AutoSwift secures close to A$10 million from Singapore’s X Star Technology to scale AI WINGMAN

SYDNEY, AUSTRALIA – Media OutReach Newswire – 10 November 2026 – AutoSwift, the Australian developer of automotive artificial intelligence platform AI WINGMAN by AutoSwift ("AI WINGMAN"), has sec...

Porsche Design Tower Bangkok Achieves LEED® Gold Precertification

Recognition under the U.S. Green Building Council's rating system confirms the 22-residence tower is on track for full certification on completion BANGKOK, THAILAND - Media OutReach Newswire - 10 ...

KELE Takes a Taste of Singapore to Japan with Japan Airlines

SINGAPORE - Media OutReach Newswire - 10 November 2026 - KELE, the Singapore heritage brand known for its famed pineapple tarts, has partnered with Japan Airlines (JAL) to introduce authentic Sing...

DYXnet Joins Hands with Lok Sin Tong for "Love Meal Box Day of Warmth"

Donates 500 Meal Boxes to Support Underprivileged Elderly and People in NeedHONG KONG SAR – Media OutReach Newswire – 10 November 2026 – DYXnet, a wholly owned subsidiary of VNET Group (Nasdaq: VN...

Lee Kum Kee Sauce-Sponsored 2026/27 Hong Kong Windsurfing Circuit – iQFOiL Championships Conclude Successfully

HONG KONG SAR, CHINA – Media OutReach Newswire – 10 November 2026 – The 2026/27 Hong Kong Windsurfing Circuit – iQFOiL Championships organised by the Windsurfing Association of Hong Kong, China, c...

Allianz Insurance Singapore Encourages Homeowners to Strengthen Their Home Protection as Residential Fires Continue to Rise

SINGAPORE – Media OutReach Newswire – 10 November 2026 – Residential fires in Singapore remain a pressing concern for homeowners. Recent data shows that total fires increased 3% year-on-year, ri...

Green SM Forges Partnerships With 10 Strategic Partners to Expand Its Green Mobility Ecosystem in Laos

VIENTIANE, LAOS- Media OutReach Newswire - 10 November 2026 - Green SM has entered into Memoranda of Understanding (MOUs) with 10 strategic partners in Laos, spanning the banking and finance...

CG Capital Targets Phuket’s Premium Residences Market with USD 90 Million PURITA Phuket Bangtao, a New Residential Development on a Rare Landholding in Bang Tao-Cherng Talay

BANGKOK, THAILAND – Media OutReach Newswire – 10 November 2026 – CG Capital Advisory Co., Ltd. (CG CAPITAL), a member of the Central Group, Thailand's largest retail and property development ...

Welcome the New Year with Renewed Spirits and Discover the Colours of Hong Kong

Shama invites travellers to seek blessings, explore historic neighbourhoods, savour local flavours and spend time doing what they loveBANGKOK, THAILAND - Media OutReach Newswire - 10 November 2026...

Why the secrecy around car insurance?

Every year, millions of Australians receive their car insurance renewal and promise themselves they’ll look at it properly later. Then life gets in ...

Australian workers spend almost an hour a day administering email

Research finds email filing, searching and rework consuming an estimated 58 minutes a day and potentially exposing organisations to millionsAustralian...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...