China’s upcoming 15th Five-Year Plan will provide clear direction for Hong Kong’s next phase of development, with the city well positioned to capture new opportunities across finance, trade and innovation, Financial Secretary Paul Chan Mo-po said in his blog.
Chan said the 2026–2030 plan, which is now entering its opening year, is closely watched both domestically and internationally as it sets out China’s key economic and social priorities for the next five years.
Chan said the Hong Kong government has stepped up coordination across departments and public bodies to speed up the development of the city's "new quality productive forces".
As an example, Chan pointed to the Hong Kong Productivity Council, which is playing a key role in supporting mainland companies' international expansion. Through "The Cradle – Go Global Service Centre", the council offers a variety of funding and support services. Since its launch in April 2025, more than 350 companies have shown interest in the centre’s services, with over 100 projects entering tangible follow-up stages. In total, including earlier projects tracked by the council, more than 450 projects are now being supported.
To drive innovation and technology enterprise clusters, Chan said the government has increased efforts to attract tech companies to set up in Hong Kong. In the past three years, over 100 firms have established operations in the city, contributing more than HK$60 billion in investments, creating 22,000 research, development, and management positions, and occupying 1.85 million square feet of office space.
Chan highlighted that Hong Kong’s strength as an international financial center plays a pivotal role in supporting industrial development. The city’s fundraising and financial services infrastructure meets the needs of technology firms at different stages of growth. Last year, 119 companies raised over HK$280 billion in Hong Kong, with IT, biotech, new energy, and advanced manufacturing sectors accounting for roughly 70 percent of the funds raised.
He also noted that the Hong Kong Investment Company has guided patient capital into early-stage and hard tech projects, investing in more than 170 projects to date.
