HONG KONG — Stephen Wong Yuen-shan, head of the Chief Executive’s Policy Unit, led a research delegation to Beijing in mid-October on a visit aimed at facilitating implementation of Hong Kong’s first five-year plan.
Chief Executive John Lee unveiled the SAR’s first economic and social development five-year plan (2026–2030) and the 2026 Policy Address on Sept 16.
Wong described the plan as the “blueprint” and the Policy Address as the “construction drawing,” saying Hong Kong must serve as both a “super-connector” linking the nation with the world and a “super value-adder” contributing through professional services.
The Hong Kong delegation met with leading research institutes, think tanks and state-owned enterprises to discuss how Hong Kong’s first five-year plan can align with the national 15th Five-Year Plan and the key measures in the Policy Address.
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The Northern Metropolis dominated discussions, including how enterprises can use Hong Kong to strengthen new quality productive forces by setting up R&D and corporate treasury centers.
Participants backed the SAR’s push to build a commodities trading ecosystem, noting that it has been included in the national plan’s Hong Kong-Macao chapter. They also discussed expanding beyond gold and nonferrous metals to increase the renminbi’s role in commodity pricing.
Officials from China Minmetals said the group will encourage its subsidiaries to designate Hong Kong as a preferred seat for international arbitration, underscoring the city’s role as a hub for legal and dispute-resolution services.
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The Hong Kong delegation also met with rocket maker LandSpace, which achieved its first successful orbital booster land recovery with its Zhuque-3 rocket on Aug 18.
Wong said Hong Kong can add value in financing, insurance, law and international rule alignment.
Talks with the aerospace sector also covered coordination of high-, medium- and low-orbit satellites, quantum technology and drone traffic management.
