The Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, released his fifth Policy Address during his term of office at the HKSAR Legislative Council on 16. The theme was “With long-term vision and comprehensive vision, we will open a new chapter with reforms to promote development and create opportunities for the welfare of people towards the future”.
The cover of the 2026 Policy Address continues to be green, representing policy continuity, vitality and hope. The Policy Address comprises nine chapters, which are titled “Developing the first five-year plan to open a new chapter in Hong Kong”, “Completely accurate and unwavering implementation of the ‘One Country, Two Systems’ policy”, “Strengthening the Four Great Centers and Talent Concentration Heights Construction”, “Exploiting the advantages of internationalization”, “Accelerating the construction of the northern metropolitan area”, “Better integration and service to the national development picture”, “Improving the well-being of the people”, “Maintaining a reform mindset and coordinating development and security”, “Conclusion”.
Li Jiachao said that in the past four years, under the joint efforts of the HKSAR Government and various sectors of society, Hong Kong has repeatedly achieved new highs in various international ratings: it has consistently topped the list of the world‘s freest economy, its global competitiveness ranking has continued to rise to the second place in the world, its position as an international financial center has stabilized to the third place in the world, and its talent competitiveness has risen to the fourth place in the world. These objective ratings not only reflect Hong Kong‘s development potential, bright prospects, and the international community‘s confidence in us, but also highlight the strong vitality of Hong Kong‘s long-term prosperity and stability under the “One Country, Two Systems”.
He said that today‘s Hong Kong stands at a key juncture of governance to prosperity. The next five years will be both a key stage for the country to advance Chinese-style modernization, and also a golden era for Hong Kong to achieve higher-quality development. Hong Kong‘s first five-year plan is our proactive deployment blueprint for the country‘s “Fifteen-Fifteen” plan; and this policy report is a concrete action program to promote implementation of Hong Kong‘s five-year plan, grasping the overlapping advantages of national and international opportunities, and articulating policy priorities and major projects in response to economic expectations and dynamics. The two are related and closely related.
Li Jiachao said that standing at a new historical starting point, he believes that with the strong backing of the country, the wisdom and efforts of Hong Kong people, we will definitely be able to make the development results better for every family, making our common home Hong Kong better and more prosperous.