Hong Kong authorities have proposed designated laws to streamline procedures for changing land use in the Northern Metropolis megaproject, cutting the process from typically nine months to just two. Unveiled by the Development Bureau on Tuesday, the proposed designated legislation comprises six main subsidiary laws designed to remove bottlenecks in the massive scheme near the…
Hong Kong authorities will set up a collaborative mechanism with the legislature to craft the city’s first five-year plan to align with national development, according to Chief Executive John Lee Ka-chiu, who says the blueprint will be released by the end of this year. Lee also stressed on Tuesday that the new platform would reflect…
Hong Kong’s Northern Metropolis near the border with mainland China will adopt laws to streamline land approval procedures from nine to two months in a move to speed up its development, the South China Morning Post has learned. Sources told the SCMP that details of the dedicated legislation for the Northern Metropolis would be announced…
After the annual “two sessions” in Beijing, it’s clear that Hong Kong policymakers have their work cut out for them. It has been made abundantly clear what is expected of Hong Kong: stop messing around and get on with the national programme. Hong Kong is part of the nation’s plans to move forward. The country…
When people picture Hong Kong, they often imagine a relentless concrete jungle – a vertical city where glass and steel dominate the skyline. Yet a quiet revolution is beginning to reshape how our city develops. Last week, the Civil Engineering and Development Department and Agriculture, Fisheries and Conservation Department jointly launched the Hong Kong Nature-based…
Hong Kong should move beyond a “city-centred” approach that merely seeks Beijing’s policy support and instead take steps to align with national priorities by advancing the internationalisation of the yuan and supporting mainland Chinese enterprises’ global expansion, observers have said as this year’s “two sessions” came to a close. With the annual political gathering ending…
Hong Kong’s leader has pledged to align with national strategies outlined in China’s latest five-year plan and transform the city’s “new positionings, functions and missions” assigned by Beijing into “tangible outcomes” to drive economic growth. Chief Executive John Lee Ka-chiu also said on Thursday that he would lead the local government in fulfilling its primary…
The head of Hong Kong’s oldest university has vowed to inject more resources into humanities programmes, praising them as a source of creativity and imagination, even as some institutions outside the city cut courses amid the rise of artificial intelligence (AI). Professor Xiang Zhang, president of the University of Hong Kong (HKU), made the pledge…
A Hong Kong property tycoon has called for a more prudent approach to the city’s development rather than accelerating projects amid global uncertainties, saying the industry’s willingness to invest in the Northern Metropolis hinges on the health of the market. Far East Consortium chairman David Chiu Tat-cheong also described the megaproject’s new land disposal approach…
Hong Kong is not just China’s economic sandbox but also a driver of the country’s development, the finance chief has said, calling the city the nation’s international financial centre. Financial Secretary Paul Chan Mo-po said on Monday that Hong Kong must move swiftly to embrace artificial intelligence (AI) and “get empowered” in its use, as…