A New Direction for Hong Kong
Policy Address

Economic and Trade Development

27.       The National 11th Five-Year Plan states clearly, for the first time, that support will be given to Hong Kong's development on such fronts as financial services, logistics, tourism and information services, and the maintenance of Hong Kong's status as an international financial, trade and shipping centre. The Plan recognises Hong Kong's industries with a competitive advantage and our unique as well as irreplaceable role in our country's development. The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) and its four supplements have laid a sound foundation for the mutual economic co-operation between Hong Kong and the Mainland. In parallel, the success of Hong Kong enterprises in restructuring, upgrading and relocating their businesses as well as their brand building in the Mainland will not only contribute to the overall economic development of our country, but also spur the growth of Hong Kong's service industries in line with the Plan.