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GLOBALink | Hong Kong embraces more opportunities from national five-year plan

Source: Xinhua| 2021-03-25 17:32:50|Editor: huaxia

As China embarks on a new journey to fully building a modern socialist country, a national blueprint has provided historic opportunities to the Hong Kong Special Administrative Region (HKSAR).

China's clear positioning and scientific planning for the Hong Kong SAR were reflected in a draft outline of the 14th Five-Year Plan for national economic and social development and the long-range objectives through the year 2035.

Hong Kong has a wide range of unique advantages in China's development. The plan stressed the Hong Kong SAR's important roles in sectors including finance, innovative technology, shipping, trade, professional services, intellectual property rights and cultural exchanges, and specifically highlighted its role in connecting domestic and international markets.

According to the plan, China will support Hong Kong in better integrating its own development into the overall national development on a larger platform, such as the joint building of the Belt and Road and the development of the Guangdong-Hong Kong-Macao Greater Bay Area, to name a few.

Many people believe the new development plan will bring enormous opportunities to Hong Kong. And how Hong Kong will leverage its unique strengths under "one country, two systems" to seize these opportunities and actively integrate into the overall development of the country will be crucial to Hong Kong's future, especially the future of Hong Kong's younger generation.

The outline of China's 14th Five-Year Plan emphasizes the need to maintain Hong Kong's long-term prosperity and stability, which again demonstrates the central government's staunch support and care toward Hong Kong.

Produced by Xinhua Global Service

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