Reference News Network, March 18 report: According to the Hong Kong 01 website, on March 16, Hong Kong Special Administrative Region Chief Executive Lee Ka-chiu stated that Hong Kong is accelerating the formulation of its first five-year plan. This plan will allow citizens to see the economic and social development in the next five years, and the purpose of development is to continuously improve people's livelihood while consolidating Hong Kong's competitiveness.
Lee Ka-chiu said that last year Hong Kong's economy performed strongly, with the full year growth accelerating to 3.5% driven by robust foreign trade, rebounding private consumption, and accelerated growth in fixed investment, recording positive growth for the third consecutive year.
He said that this year marks the beginning of China's "14th Five-Year Plan" and also a key year for Hong Kong as it moves forward on the new journey of governance and prosperity, planning the direction of development for the next five years. Hong Kong is accelerating the formulation of its first "Hong Kong Five-Year Plan", providing clear guidance for social and economic development and people's livelihood, promoting Hong Kong's better integration into and service for the national development strategy.
Lee Ka-chiu said that the first five-year plan will enable citizens to see the economic and social development in the next five years. The purpose of development is to continuously improve people's livelihood and consolidate Hong Kong's competitiveness, allowing this virtuous cycle to continue.

On February 20, tourists visited the Golden Bauhinia Square in Hong Kong. (Xinhua News Agency)
Original article: toutiao.com/article/7618489610745790991/
Statement: This article represents the personal views of the author.