Hong Kong releases latest Policy Address

Hong Kong, 16th September: Earlier this week, Chief Executive of the HKSAR, John Lee, delivered the latest Policy Address 2026 and the First Five-Year Plan for Economic and Social Development of the HKSAR (2026-2030).

The two plans provided a clear blueprint for Hong Kong to reinforce its role as an international financial, trade, maritime and aviation centre. They also focused on Hong Kong’s strengthens in innovation and technology as well as cultural and talent development.

In terms of promoting the development of convention and exhibition industry, the government will take forward the Wan Chai North Redevelopment project, expanding the Hong Kong Convention and Exhibition Centre (HKCEC) and related facilities. In addition, the government has earmarked HK$100 million (US$12.7 million) to attract high-quality, large-scale international exhibitions with new elements to Hong Kong.

Chairman of the HKTDC, Professor Frederick Ma said, “With Hong Kong’s unique advantage of enjoying the mainland’s strong support while being connected to the world, our position as an international trade fair capital has been enhanced in the past few decades. However, as the scale and diversity of fairs and conferences continue to grow in Hong Kong, there is a need to expand our facilities if we are to remain competitive. That is why I fully support the Government’s proactive measure of setting up a task force led by the Deputy Financial Secretary to steer the Wan Chai North Redevelopment project.  We are pleased to have the opportunity to leverage our 60 years of expertise in this area to submit a proposal on the development approach of the project to the Government.”