Hong Kong is developing its first five-year plan, aiming to integrate market dynamism with strategic direction by leveraging public input. This initiative seeks to enhance the city's economic development.

For decades, Hong Kong thrived as the world’s freest economy without five-year plans, while mainland China rose to become the world’s second largest economy through them. Now Hong Kong has the rare advantage of both: market dynamism and strategic direction. Harnessed through the collective wisdom of the people, this combination can deliver more than what the market or planning alone can achieve. Hong Kong is preparing its first five-year plan to dovetail with the national 15th five-year plan,...