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Hong Kong's first five-year plan aims to add jobs, homes

  • Hong Kong's new five-year plan promises 196,000 public housing units and fast-tracks the Northern Metropolis to ease the housing crunch and create jobs.
  • The city aims to cement its financial hub role โ€” launching a gold central clearing system by 2027, rolling out CBDC settlement this year, and boosting offshore renminbi and dual listings.
  • Emphasis on deeper tech ties with the mainland (AI, robotics, microelectronics) and family-friendly measures โ€” extended baby bonuses, child allowances and more childcare centers.
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