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AAP
AAP
Business
KANIS LEUNG (Associated Press)

Hong Kong opens consultation on first 5-year plan that echoes mainland China's playbook

HONG KONG (AP) — Hong Kong on Monday launched a public consultation for its five-year plan in a politically symbolic step that brings the special administrative region closer to mainland China's development approach.

Secretary for Constitutional and Mainland Affairs Janice Tse said at a news conference that mainland China kicked off its 15th five-year plan for 2026 to 2030 this year. Hong Kong has long prided itself on minimal government intervention in the economy, even while referencing Beijing's vision for the city.

The city's blueprint will synchronize with and serve the national development plan while upholding a free-market economy, Tse said.

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