Hong Kong’s First Five-Year Plan, announced by Chief Executive John Lee, sets out an agenda that runs from 2026 to 2030.
The Hong Kong First Five-Year Plan also includes seven financial services commitments to enhance the region’s status as an international financial centre.
The plan presents Hong Kong’s open markets as the draw for global capital, talent and financial firms. It sets the direction across cross-boundary wealth management, international risk management, and commodity trading, aside from plans to strengthen the region’s role as a global offshore Renminbi (RMB) business hub, with some initiatives indicated below.
The implementation of the Five-Year Plan will be monitored, assessed, and checked regularly, with adjustments made when necessary in line with circumstances at hand.
The Hong Kong Monetary Authority’s (HKMA) GenAI Sandbox was also mentioned during the Chief Executive’s 2026 Policy Address. It has since been upgraded to GenAI Sandbox++, and testing of select use cases in the new cohort will commence within this year.
The policy address also shared that the HKMA is conducting assessments and responding to risks via the Joint Task Force on AI-Driven Cyber Risks. To further reinforce risk management, it is also developing a Cyber Resilience Testing Framework for banks.
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