15th five-year plan presents ‘golden strategic period’ for Hong Kong: Paul Chan

    15th five-year plan presents ‘golden strategic period’ for Hong Kong: Paul Chan

    Hong Kong’s financial chief has vowed to serve the nation and seize opportunities from the newly unveiled 15th five-year development plan, calling it a “golden strategic period” with great potential amid escalating geopolitics. Financial Secretary Paul Chan Mo-po said on Sunday that Hong Kong would adopt “Artificial Intelligence+” and “Finance+” approaches to support China’s development…

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    Legco president Starry Lee has highlighted the legislature’s efforts to support the national 15th five-year plan. Photo: Eugene Lee

      ‘Deliver more practical outcomes,’ Chinese vice-premier tells Hong Kong Legco

      Chinese Vice-Premier Ding Xuexiang has urged Hong Kong’s legislature to deliver more “practical outcomes” that align with the city’s actual conditions and meet Beijing’s expectations under the executive-led governance system. Emphasising the importance of the executive-led system for the second day in a row, the state leader reiterated on Saturday that its implementation was not…

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      China and Hong Kong should relax biotech listing rules, venture capitalist says

        China and Hong Kong should relax biotech listing rules, venture capitalist says

        Mainland China and Hong Kong should ease listing rules for biotechnology companies and lower takeover thresholds for listed firms to capitalise on renewed foreign interest in the healthcare sector, venture capitalist Nisa Leung said. “Besides artificial intelligence, Premier Li Qiang also highlighted biomedicine in the ‘two sessions’ annual government work report,” said Leung, a managing…

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        Beijing tasks Hong Kong with fast-tracking Northern Metropolis, boosting integration

          Beijing tasks Hong Kong with fast-tracking Northern Metropolis, boosting integration

          Hong Kong should speed up the construction of the Northern Metropolis megaproject near the border with the mainland and the development of a commodity trading ecosystem, according to the draft outline of China’s 15th five-year plan. Other priorities included stronger integration with national development on the economic, technological and social fronts, especially deepening cross-border connections…

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          Xia Baolong is scheduled to meet local delegates in a closed-door session on Tuesday. Photo: HKMAO

            ‘Two sessions’ to ‘focus on Hong Kong’s financial role, Northern Metropolis’

            Hundreds of Hong Kong politicians and business leaders head to Beijing on Tuesday for the nation’s annual “two sessions”, with observers expecting discussions to focus on the city’s role as an international financial centre and the Northern Metropolis megaproject. The annual session of the country’s top political advisory body, the Chinese People’s Political Consultative Conference…

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              China ousts nine military lawmakers ahead of key political meeting

              BEIJING — China removed nine military lawmakers from national parliament ahead of its biggest annual political meeting next week in a sign that President Xi Jinping’s purge of key defense personnel continues to widen. The National People’s Congress, the country’s top legislative body, revoked the membership of five generals along with four other officials, state-run…

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