Five-Year Plan

Hong Kong’s weak policy research capacity reflects a historical legacy: colonial governance did not require autonomous long-term planning, while the post-1997 period failed to build a sustainable policy research ecosystem. In the new stage of “One Country, Two Systems” and national planning alignment, Hong Kong must treat local policy research capacity as essential infrastructure by expanding public funding, opening commissioned…

Hong Kong is preparing its first “Five-Year Plan”, but the real test is not how many views are collected. It is whether Hong Kong can turn public demands into evidence-based, prioritised, and implementable long-term policy judgments. We argue that effective planning requires a stronger policy research ecosystem supported by government, universities, and independent think tanks, so that Hong Kong can…

Our research suggests that a Hong Kong five-year plan can draw on the planning experience of capitalist economies such as Singapore and South Korea. Grounded in Hong Kong’s own circumstances, it should focus on practical and achievable strategic priorities, with competitiveness, industrial transformation, innovation and technology development, and resilience as its core themes.

US President Donald Trump’s tariff war, together with the escalating conflict in the Middle East, has dealt a blow to the global economy. We examine the risks and opportunities facing Hong Kong amid this turmoil. While external risks are rising, the crisis may also further highlight Hong Kong’s role as a free port, an international financial centre, and an offshore…

We examine the significance of Hong Kong’s first “Five-Year Plan,” arguing that it represents a shift in governance from an annual Policy Address driven approach to medium-term strategic coordination. The article also highlights the need for Hong Kong to integrate existing plans more effectively through data-driven, systems-based policymaking, while fostering a more mature and open public policy discourse and a…