The Chief Executive's 2024 Policy Address

In his third annual Policy Address titled “Reform for Enhancing Development and Building Our Future Together”, Hong Kong Chief Executive, Mr John Lee, delivered a strategic blueprint designed to rejuvenate Hong Kong's economy and revitalize its status as a leading international financial centre.

Delivered against the backdrop of the Third Plenary Session of the CPC Central Committee, the Address underlined the significance of reform and development in improving people's livelihoods and building a better future for all citizens. With a commitment to integrating economic and industrial development into national planning, it focused on housing, economic growth, logistics infrastructure, and tourism. It also proposed a comprehensive set of initiatives designed to attract high-calibre talent and foster youth development, leveraging Hong Kong’s unique advantages under the “one country, two systems” principle. Below are the key takeaways from this pivotal address.

The information contained in this Hong Kong Policy Address Summary 2024-2025 is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Legislative proposals do not generally become law until their enactment and may be modified by the Legislative Council before enactment.

It should be noted that the information is presented in summary form and readers are advised to seek professional advice before formulating business decisions.