The annual session of the Chinese People's Political Consultative Conference (CPPCC) concluded in Beijing on Wednesday, with Hong Kong delegates stressing the city's need to align with the country's forthcoming 15th Five-Year Plan.
Delegates described the session as highly productive, while noting that Hong Kong faces significant work ahead to ensure its development keeps pace with national strategies.
Andrew Fan Chun-wah, a member of the Legislative Council (LegCo), predicted a heavy legislative workload as lawmakers return to Hong Kong, aiming to bring local policies in line with the new Five-Year Plan.
Fan underscored the plan's significance, specifically noting its mention of accelerating the development of the Northern Metropolis, urging the SAR government to expedite the overall development with a particular focus on the proposed university town.
Alex Yeung Ching-loong, vice chairman of Emperor Group, said he hopes Hong Kong youth will use the Northern Metropolis as a platform to excel. He encouraged more exchange with the mainland, particularly in emerging sectors such as artificial intelligence, drones, and low-altitude economy, to equip young people to better serve Hong Kong.
Lawmaker Shiu Ka-fai, who represents the wholesale and retail functional constituency, highlighted the need for high-quality Chinese products and services to go global.
He noted that aligning with international standards is crucial, adding that Hong Kong could become a center for international standards, especially as the Greater Bay Area promotes mutual recognition.
Lawmaker Junius Ho Kwan-yiu turned the focus to finance, arguing that Hong Kong must further enhance its financial sector to connect effectively with the Five-Year Plan.
Ho acknowledged Hong Kong’s global fundraising success last year but cautioned the city to examine its future development. He also stressed the need to develop other financial areas, such as gold trading, and to reinforce Hong Kong’s status as an international asset center.
