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Initiatives aim to support high-quality development of the GBA, align rules and mechanisms within the region, and promote cross-boundary collaboration.

“The HKSAR Government will continue its efforts in fostering synergistic development of the GBA,” said Mr Lee. “We will strengthen co‑operation in technological innovation, promote ‘hard connectivity’ in infrastructure, foster ‘soft connectivity’ by deepening the alignment of rules and mechanisms, and achieve ‘connectivity of hearts’ among residents of the three places.”

The HKSAR Government will continue to actively participate in the development of the various major co-operation platforms, including Qianhai of Shenzhen, Nansha of Guangzhou, Hengqin of Zhuhai and the Hetao Shenzhen-Hong Kong Co-operation Zone, to promote mutual benefits.

In terms of “hard connectivity” the HKSAR Government will support Nansha in its role as a high‑standard gateway for opening up, including encouraging the trade to participate in Nansha’s infrastructure development.

“To promote the co‑ordinated development of rail transit in Guangdong, Hong Kong and Macao, we are pressing ahead with the Northern Link Project and the Hong Kong‑Shenzhen Western Rail Link (Hung Shui Kiu‑Qianhai), with target commissioning in 2034 and 2035 respectively, to fully connect the rail transit networks of Hong Kong and Shenzhen,” Mr Lee said.

Regarding “soft connectivity”, Mr Lee said the HKSAR Government will set up a Task Force to explore ways to advance the alignment of rules and mechanisms within the GBA.

To achieve “Connectivity of Hearts” among residents across the GBA, Hong Kong will strengthen co-operation between its higher education institutions and those in other GBA cities by establishing cross‑disciplinary partnerships, facilitating scientific research, knowledge transfer, and commercialisation, with a view to promoting high‑level research.

Hong Kong’s Secretary for Constitutional and Mainland Affairs, Janice Tse, noted that the First Five-Year Plan clearly states that Hong Kong will participate in the development of the GBA into an international first‑class bay area and a world‑class city cluster with global influence.

“Hong Kong will forge closer alignment and synergy with the nine GBA cities in Guangdong Province and Macao, making full use of our respective advantages to jointly promote the high-quality development of the GBA,” Miss Tse said.

To foster financial development in the GBA, Hong Kong will continue to capitalise on institutional innovation, financial infrastructure upgrading and enhanced regulatory alignment to encourage the orderly flow of financial elements among GBA cities.

The Hong Kong Exchanges and Clearing Limited’s Core Climate, in collaboration with the Guangzhou Power Exchange Centre, is working towards the pilot trading of national renewable‑energy, green electricity certificates in Hong Kong in 2026.

“On connecting the Chinese Mainland and the world, the HKSAR Government will continue to support green technology development through the HK$400 million (aboutUS$51 million) Green Tech Fund, leveraging Hong Kong’s function as a springboard for green technology and assisting national green technologies and products in going global,” said Hong Kong’sSecretary for Environment and Ecology, Tse Chin-wan. “On the development of hydrogen energy, we have participated in drafting national hydrogen energy standards with a view to helping these standards align with international practice.”

To meet the country’s “dual carbon” targets and fulfil Hong Kong’s commitment to achieving carbon neutrality before 2050, the HKSAR Government steered the establishment of a production base for sustainable aviation fuel (SAF) in Dongguan, leveraging the leading position of Hong Kong enterprises in the international SAF industry.

“By combining technology strengths with industrial foundation, Hong Kong and Guangdong will jointly develop a globally influential green industry,” Mr Lee said.

The HKSAR Government will take forward the construction of an SAF blending facility in Hong Kong to build an end‑to‑end SAF value chain and reduce logistics costs to make SAF prices more competitive. The target is to achieve an SAF consumption ratio of 1% to 3% for flights departing from Hong Kong International Airport in 2030.

Hong Kong’s Five-Year Plan promotes the integrated development of culture, sports, and tourism, to develop the GBA into a cultured bay area.

Under the strategic framework of the Agreement on Strengthening of Sports Cooperation and Promotion of Integrated Development, Hong Kong will deepen co-operation, and strive to co‑organise important regional and international single‑sport events. It will also strengthen cultural exchanges, pass on Cantonese opera and the characteristics of Lingnan culture, and promote the sales and cross‑boundary exhibition of Hong Kong publications.

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According to the Mastercard Economics Institute’s Travel Trends report, purpose-driven travel, including culinary discovery and cultural immersion, is becoming an increasingly important driver of destination choice, as travellers seek authentic experiences and meaningful connections. Luxury hospitality is therefore evolving beyond traditional festive events to create celebrations that connect guests more deeply with the destinations they visit.

“Today’s travellers are looking for more than a holiday. They seek thoughtfully curated experiences that unlock the destination, inspire discovery and create meaningful connections with the people they travel with,” said Jirarat Ninpradub, General Manager of Le Méridien Phuket Mai Khao Beach Resort. “Our festive programme celebrates the joy of the season alongside Phuket’s unique culture, flavours and creativity, allowing guests to discover the destination in an authentic and memorable way.”

Throughout December until January 4, 2027, Ocean Kitchen Lawn will host Tuesdays’ Mai Khao Fisherman Market, Thursdays’ Beach BBQ evenings and authentic Thai cuisine, plus live Muay Thai demonstrations, traditional dance, and fire shows every Saturday. J’s Restaurant will offer Asian and International-themed buffets on Mondays and Fridays, alongside a festive Afternoon Tea featuring seasonal pastries and Le Méridien’s signature coffee.

On Christmas Day, the resort’s Christmas Market will showcase handcrafted products by local artisans and resort associates, seasonal treats and live music, combining the charm of a European festive village with Phuket’s distinctive creativity. The market reflects the resort’s commitment to local craftsmanship and community partnerships, giving guests another way to discover Phuket while celebrating the season.

The celebrations culminate in two signature beachfront events. Christmas Eve features an international festive buffet with premium seafood, live cooking stations, Christmas carols, a Santa Giveaway and entertainment beneath the stars. On New Year’s Eve, The Andaman Lumina Soirée transforms Mai Khao Beach with immersive performances, live music, DJs, LED and fire shows, exceptional dining and a spectacular fireworks display welcoming 2027.

By bringing together festive traditions with Phuket’s culture, cuisine and community, Le Méridien Phuket Mai Khao Beach Resort continues offering guests a celebration experience that embraces both the season and the destination.

For more information on additional offers, visit Le Méridien Phuket Mai Khao Beach Resort Official Website.
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About Le Méridien Phuket Mai Khao Beach Resort

Set along the tranquil shores of Mai Khao Beach, one of Phuket’s most unspoiled coastlines, Le Méridien Phuket Mai Khao Beach Resort offers a relaxed beachfront retreat just 15 minutes from Phuket International Airport. The resort brings together contemporary design, intuitive service, and a curated approach to lifestyle experiences, providing a calm alternative to the island’s busier tourist hubs.

The resort features spacious rooms and suites across 14 categories, with views of tropical gardens or the Andaman Sea, designed to balance comfort and privacy. With expansive grounds and family-friendly facilities, it welcomes couples, families, and groups seeking a more unhurried stay.

The District Consumer Disputes Redressal Commission in Dakshina Kannada held that the airline had failed to provide the level of care it had undertaken to offer after collecting ₹2,000 from passenger Sushanth N. G. for special handling. The order, passed on August 31, directed the carrier to refund that fee and pay additional compensation and legal costs.

The commission awarded ₹20,000 for deficiency in service, mental agony and inconvenience, along with ₹5,000 towards litigation expenses. It gave the airline 45 days to comply, failing which the amount will carry interest at 6 per cent a year from the date of default until payment.

Sushanth had booked an Air India Express flight from Chennai to Mangalore for July 27, 2025. He was travelling with a bicycle used for training and competitive racing, which he valued at more than ₹3 lakh. At the time of booking, he paid ₹2,000 for one-piece special equipment handling.

He told the commission that airline staff at Chennai airport had assured him the bicycle would receive special care. After reaching Mangalore, however, he found the bicycle circulating on the ordinary baggage carousel along with other passengers’ luggage.

Sushanth questioned airline staff at the airport and later raised the issue by email on July 31, 2025, seeking a refund of the special handling charge. The airline initially told him the matter was being examined but subsequently closed the complaint, prompting him to approach the consumer forum.

Air India Express acknowledged that the special handling fee had been collected but disputed the passenger’s interpretation of the service. It argued that payment for special equipment did not mean the bicycle had to be manually carried at every stage of the journey.

The airline maintained that special handling involved additional attention and protection where operationally required and permissible. It also contended that baggage within allowed belt dimensions could be delivered through the normal arrival carousel and that the bicycle fell within those limits.

The carrier further submitted that staff had noticed the bicycle on the conveyor and removed it by hand, limiting its exposure to contact with other baggage. It stressed that the bicycle had reached Sushanth without physical damage, wear, tear or loss.

The commission rejected the argument that absence of damage was sufficient to defeat the complaint. It examined documents produced by both sides, including the airline’s terms governing special equipment handling, photographs, email correspondence and video footage showing the bicycle on the baggage belt.

The bench, comprising President-in-charge Somashekarappa K. Handigol and member Sharadamma H. G., found that the footage was inconsistent with the standard of special care promised for the paid service. It held that a passenger who pays an additional charge for handling delicate or valuable equipment is entitled to expect treatment different from ordinary baggage processing.

The commission said the airline’s own service terms contemplated care and caution in dealing with special equipment. By placing the bicycle on the regular belt despite accepting the additional handling fee, it found Air India Express had failed to perform the service in the manner promised.

The panel therefore treated the conduct as a deficiency in service under the Consumer Protection Act, 2019, and also found that the handling arrangement had not been honoured as represented to the passenger.

Sushanth had sought refund of the ₹2,000 fee, ₹40,000 as compensation for mental agony and ₹10,000 towards litigation expenses. The commission partly allowed the complaint, awarding a lower compensation amount while granting the full refund and litigation costs.

The ruling turned on the distinction between successful delivery and fulfilment of a paid service commitment. Although the bicycle arrived intact, the commission found that its placement on the ordinary baggage system showed that the special handling Sushanth had purchased was not provided as agreed.

Chief Executive John Lee’s 2026 Policy Address and the city’s first Five-Year Plan for Economic and Social Development set out measures covering finance, trade, shipping, aviation, innovation and technology, alongside efforts to attract capital, companies and skilled workers. The government said the programme is designed to reinforce Hong Kong’s international competitiveness and support longer-term economic development.

Gold will serve as the entry point for a broader commodity trading ecosystem. Hong Kong plans to formally launch its central clearing and settlement system for gold in the first quarter of 2027, following trial operations that began in July. The system is intended to support trading that meets international standards and strengthen links among clearing, settlement, storage and physical delivery.

Hong Kong Exchanges and Clearing will announce details this year of new renminbi-denominated, physically settled gold futures contracts. The government also plans to explore tax concessions for qualifying activities across the gold and commodity trading chain, with proposals expected to be put to the Legislative Council for consultation next year.

The Hong Kong Monetary Authority is studying whether the Exchange Fund should moderately increase its gold holdings and participate in local spot and futures markets. Existing physical gold inventories could gradually be transferred to designated vaults appointed by the Hong Kong Precious Metals Central Clearing Company.

Authorities also plan to expand storage and related infrastructure. Since the London Metal Exchange added Hong Kong to its global warehousing network in 2025, approved storage space has exceeded 60,000 square metres and inventories have risen above 20,000 tonnes of metal. More LME-approved warehouses are planned for the Northern Metropolis.

A half-rate tax concession for physical commodity trading is also being pursued to encourage traders to establish or enlarge operations in the city. A joint working group led by the Secretary for Financial Services and the Treasury will examine market opportunities and possible collaboration between exchanges.

The wider financial strategy seeks to strengthen Hong Kong’s role as an offshore renminbi business hub and an international centre for asset management and risk management. The government plans to deepen green and digital finance, widen financing channels for technology companies and strengthen trade finance, supply-chain finance, clearing, settlement and risk-management services.

A proposed Innovation and Technology Industry-Oriented Fund will receive HK$10 billion in government funding and is expected to reach at least HK$40 billion when market capital is included. Priority areas include life and health technology, artificial intelligence and robotics, semiconductors and smart devices, digitalisation, and sustainable development.

The five-year plan also calls for greater emphasis on high-value maritime services rather than relying mainly on traditional port logistics. Measures include reforms to ship registration, support for ship financing and marine insurance, and further development of maritime arbitration and other professional services.

Hong Kong also intends to build a broader aviation industry ecosystem. Plans include developing aircraft-parts processing and trading, participating in research and certification connected with domestically developed aircraft, and expanding sustainable aviation fuel supply chains across the Greater Bay Area. Authorities aim for sustainable aviation fuel to account for 1% to 3% of fuel used by departing flights at Hong Kong International Airport in 2030.

Trade policy will focus on digitalisation, diversification and higher-value supply-chain services. The government wants more companies to use Hong Kong for international orders, foreign-exchange transactions, treasury operations, trade finance and supply-chain management, while attracting regional and international headquarters.

The plan places innovation alongside the traditional pillars, with support directed towards artificial intelligence, robotics, life sciences, microelectronics and advanced manufacturing. It also identifies aerospace technology, marine technology, quantum technology and embodied intelligence as fields for longer-term development.

Under Hong Kong’s First Five-Year Plan, Hong Kong will focus on strengthening the four centres, developing the hub for high-calibre talent, consolidating and enhancing its competitive edge as an international city.

Hong Kong’s status as world-renowned international financial, maritime and trade centres as well as an international aviation hub underpin the city’s high-quality development and provide a firm foundation for the city’s long-term stability and prosperity.

“We will consolidate and enhance Hong Kong’s status as an international financial centre, and stay committed to our global positioning,” Mr Lee said. “Hong Kong will deepen the development of its global offshore Renminbi business and capital market, develop an international asset and wealth management centre and international risk management centre, enhance the securities market and expand fixed income and commodity trading.”

Hong Kong has become the world’s largest cross‑boundary wealth management centre this year, and the HKSAR Government will continue to develop a more attractive asset and wealth management ecosystem, Mr Lee said.

Hong Kong will develop a commodity trading ecosystem with gold as an entry point by driving the development of the clearing system, storage, supply, and infrastructure related to gold trading. The city’s central clearing and settlement system for gold will be officially launched in the first quarter of 2027.

“The significance of the First Five-Year Plan for Hong Kong lies in a mindset shift; we must plan Hong Kong’s financial development with a longer-term vision and broader perspective to adapt with flexibility and diversity,” said Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury. “Each of our initiatives centres around one objective, which is to elevate Hong Kong from a ‘corridor of capital’ to a ‘destination of choice’.”

Hong Kong was ranked the world’s fifth‑largest entity in merchandise trade in 2025. The HKSAR Government announced plans to consolidate and enhance Hong Kong’s status as an international trade centre, playing a greater role in the high‑level opening up of the Chinese Mainland.

Since the Task Force on Supporting Mainland Enterprises in Going Global was established last October, it has provided assistance, including listing and raising capital in Hong Kong, aligning with overseas standards, acquiring industry certifications and fulfilling compliance requirements for more than 340 Mainland enterprises.

The Task Force will strengthen collaboration with professional organisations to train talent for the GoGlobal initiative and enhance professional services, among other areas.

“In alignment with the National 15th Five-Year Plan’s call to advocate and practise true multilateralism, the First Five-Year Plan proposes to continue expanding international economic and trade network,” said Algernon Yau, Hong Kong’s Secretary for Commerce and Economic Development.

“We will actively forge free trade agreements and investment agreements with economies that are of development potential or strategic locations. Meanwhile, we will expand our network of overseas offices, and leverage the combined networks of our overseas Economic and Trade Offices, InvestHK, and the Hong Kong Trade Development Council offices globally to deepen overseas ties and step up trade and investment promotion.”

As an international maritime centre, Hong Kong has ranked fourth globally in maritime comprehensive strength for seven consecutive years. The Five-Year Plan will drive a “volume to value” transformation of the Hong Kong Port, capitalising on its strengths in high value‑added maritime services, to develop Hong Kong into a “Global Maritime Capital”.

To promote high value-added services, the industry will develop “Finance + Shipping”.

Taking advantage of the city’s well‑established maritime finance, insurance and maritime arbitration under common law, Hong Kong will build an integrated ecosystem under which Hong Kong‑invested enterprises adopt Hong Kong law, take out Hong Kong insurance and choose for arbitration to be seated in Hong Kong.

Regarding aviation, Hong Kong’s passenger throughput recorded a year‑on‑year increase of 15% last year, to 61 million, with flights to over 220 destinations. The city’s air cargo throughput reached 5.07 million tonnes, making its airport the world’s busiest cargo airport for the 15th year since 2010.

To strengthen development as international aviation hub, Hong Kong will expand its aviation network, and diversify business opportunities.

The HKSAR Government will continue to take the initiative to visit South America, Africa, Central Asia, the Middle East and the Caucasus to expedite the conclusion of new air services agreements and the expansion of traffic rights, thereby assisting the industry in exploring new passenger and cargo sources.

As for building Hong Kong as an international innovation and technology centre, the HKSAR Government will step up its efforts to promote artificial intelligence (AI) applications across various trades, and continue to strike a balance between encouraging innovation and protecting security, thereby enhancing Hong Kong’s international competitiveness in AI development.

In alignment with the national strategic technology areas, Hong Kong will focus on core technologies such as life and health, AI and robotics, microelectronics, new energy, advanced manufacturing and new materials. It will also continue to raise the ratio of Total Domestic Expenditure on Innovation Activities to Gross Domestic Product, striving to reach 3% after 2030.

Hashtag: #HongKong#PolicyAddress#First5YearPlan#FourCentres

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