Hong Kong launches consultation for 2026 budget focusing on economic growth
Finance chief says he will engage with public and ‘draw on collective wisdom’ while making sure coming budget aligns with five-year plan
Hong Kong authorities have launched public consultations for the next budget, with the finance chief saying it will focus on how the city can boost economic development and better integrate into the nation’s latest five-year plan.
He said other goals included creating more high-quality jobs and ensuring the benefits of economic growth and diversification were widely shared across the community.
In October, Beijing released details of the plan, which envisions a new phase in Hong Kong’s efforts to advance its economic and social development while continuing the “eight-centres” strategy set out in the previous blueprint.
The strategy defines Hong Kong’s role in areas such as finance, trade and shipping, and talent development.