Hong Kong's Ambitious Roadmap: Economic Boosts and Livelihood Enhancements

In his policy address, Hong Kong leader John Lee focuses on boosting the economy, improving public livelihoods, and developing an international gold trading market. Despite slow economic growth, Lee highlights initiatives in fintech, sustainable finance, and aviation, aiming to strengthen Hong Kong's role in international trade and economy.

Hong Kong's leader John Lee unveiled a comprehensive plan aimed at revamping the city's economy and improving the quality of life for its residents.

Highlighting Hong Kong's pivotal role as an international gateway, Lee revealed plans to develop a gold trading market, push fintech advancements, and foster sustainable finance.

The measures come amid a challenging economic climate, with Lee setting a growth target of 2% to 3% by 2025. The government is also committed to enhancing livelihoods through better housing, higher income, and more opportunities for the younger generation.

(With inputs from agencies.)