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Hong Kong resisted rigid 5-year plan goals to allay planned economy fears: minister

Asia-Pacific 1 source 1 country 🔦 Under-reported 18m ago

Hong Kong deliberately avoided setting overly rigid economic indicators in its first five-year plan to alleviate concerns that the city was shifting toward a planned economy, according to the city's constitutional affairs minister.

The disclosure highlights the administration's sensitivity to public and market perception regarding its economic integration and governance model. Officials emphasized that the current priority remains focused on achieving tangible targets rather than enforcing strict metric-based quotas.

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Read the full story at the source South China Morning Post · HK ↗
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