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Decoding the new changes in Hong Kong during the 14th Five-Year Plan period and seizing new opportun

label: 2021-08-30

The first year of the "14th Five-Year Plan" coincides with the opening of the second centenary goal, and Hong Kong has become a key training target for the new five-year plan.

In fact, the national development plan for the "14th Five-Year Plan" was actually two or three years ago, and Hong Kong and Macau had already been included in the development plan.

What new impetus will the new five-year plan inject into the development of Hong Kong? How to find new opportunities for Hong Kong in the future from the outline of the plan?

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1

New planning and new positioning


In the economic aspect: The new five-year plan has injected new impetus into Hong Kong.

Support Hong Kong to enhance its status as an international financial, shipping, and trade center

Strengthen Hong Kong as a global offshore RMB business hub, international asset management center and risk management center

Support Hong Kong to build an international legal and dispute resolution service center in the Asia-Pacific region

Support the development of Hong Kong’s service industry towards high-end and high-value-added services

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In terms of positioning: one hub and three centers, the 14th Five-Year Plan will give Hong Kong a new position.

Support Hong Kong to enhance its status as an international aviation hub

Support Hong Kong to build an international innovation and technology center and a regional intellectual property trading center

Support Hong Kong's development of Sino-foreign cultural and artistic exchange centers


Financial center, shipping center, logistics center, service center, plus technology innovation center, cultural center, etc...

The 4 centers about Hong Kong that we were familiar with in the past have now become 8, and there will be even more in the future.

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The new positioning is inseparable from Hong Kong's inherent advantages. In the future economic development of China, Hong Kong will have more opportunities to use its location advantages to play a greater role.

It is possible to build new industrial clusters around these new and potential advantages, and create new powerful advantages for competition in the world.

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2

Leveraging Hong Kong’s advantages to enhance its status as an international aviation hub


Connecting more than 220 countries and regions around the world, there are more than 1,100 flights between Hong Kong and all over the world every day, Hong Kong International Airport, Having good air transportation conditions is also a huge advantage for it to become an international aviation hub.

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At present, Hong Kong is still building an airport three-runway system, and the entire project is expected to be completed by 2024.

By then, the annual passenger volume of Hong Kong International Airport will reach 100 million people, and the cargo handling capacity will reach 9 million tons. It will become the leading international airport in the Guangdong-Hong Kong-Macao Greater Bay Area airport cluster.

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By enhancing Hong Kong’s status as an international aviation hub, Hong Kong’s existing location advantages can be better utilized, and the flow of people, goods, and information can be better promoted in Hong Kong as an important node in the flow and divergence.


3

Relying on the Greater Bay Area strategy to build an international innovation and technology center


In terms of technological innovation, Hong Kong has unique advantages. It has a number of universities with strong foundations and an open and international vision.

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In the "14th Five-Year Plan" outline, "building an international innovation and technology center" contains the hope of future Hong Kong's innovation and development.

Through Hong Kong's participation in the process of technological innovation in the integration of the country and the Greater Bay Area, some industries that already have certain development potential have the possibility of further development and growth.

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Through collaborative innovation to further expand these scientific research advantages, there is hope to create new industries and nurture new unicorns. Then these will have an immeasurable effect on the future development of Hong Kong’s economy. Bring inexhaustible vitality.

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Talent is the most important link in innovation and technology. This is very good news for those who want to obtain a Hong Kong identity through the "Hong Kong Science and Technology Talent Program". More jobs mean more opportunities.


4

The Hui-Hong Kong policy supports Hong Kong’s better integration into the overall development of the country


The "14th Five-Year Plan" proposes to strengthen exchanges and cooperation between the Mainland, Hong Kong and Macao in various fields, and improve policies and measures to facilitate the development and living of Hong Kong and Macao residents in the Mainland.

In recent years, about 67% of the Guangdong-Hong Kong-Macao Greater Bay Area policy documents issued by governments at all levels are preferential policy measures for Hong Kong and Macau .

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It mainly involves education, entrepreneurship and employment, and convenience for the people. Compatriots from Hong Kong and Macao who are employed in the Mainland can pay housing provident funds in accordance with Mainland policies. Provides full coverage and multi-level services for Hong Kong and Macao residents working and living in the Mainland. For example:

Above, we can truly feel a series of opportunities and measures to support the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and the development of Hong Kong from our lives.

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Hong Kong! The future can be expected!


Perhaps you are only one Hong Kong identity away from taking the express train of this important historic opportunity. Stand at the forefront and peak of future development and feel a different landscape...


Source: CCTV News Client, "The Fourteenth Five-Year Plan for the National Economic and Social Development of the People’s Republic of China and the Outline of Long-Term Goals for 2035", CCTV News, People’s Daily, Hong Kong Special Administrative Region Government News Network

Editor: KIKI


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