Politician · country

He Lifeng on Hong Kong

Supports HK financial hub (strong)

TL;DR

He Lifeng strongly supports Hong Kong's role as an international financial center with new opportunities under the national development blueprint.

Key Points

  • He Lifeng stated in November 2025 that Hong Kong will embrace new major development opportunities under the country's 15th Five-Year Plan.

  • He emphasized in November 2024 that consolidating Hong Kong as an international financial centre is strategically important for the country.

  • He has called for Hong Kong to better play its role as a 'bridge' in the research and practice of global financial governance.

Summary

He Lifeng, in his capacity as Chinese Vice Premier, has voiced strong support for the development and consolidation of Hong Kong's status as an international financial and shipping centre. This position was articulated during addresses, such as a video message to the Global Financial Leaders' Investment Summit in November 2025, where he emphasized that China's emerging development blueprint, specifically the 15th Five-Year Plan, contains important deployments to support the Special Administrative Region. He has stressed that Hong Kong's development as an international financial hub is strategically important for the country and affirmed that the Central Government will continue to improve supporting policy systems and provide full backing for financial reform and stability.

He urged Hong Kong to proactively deepen its connection with the country's new five-year plan and enhance economic and financial cooperation with the mainland. Furthermore, he called on the city to leverage its unique role as a 'bridge' to participate actively in global financial governance research and practice. His comments often reflect the central government's view that Hong Kong must utilize its unique position to contribute to and integrate within the nation's overall development while seeking greater achievements, particularly in finance and innovation technology.

Frequently Asked Questions

He Lifeng's core position is one of strong support for Hong Kong's role as an international financial and shipping center. He views its development as strategically important to the country and connects its future opportunities directly to the central government's Five-Year Plan deployments.

During the summit, He Lifeng stressed that Hong Kong will embrace significant historical development opportunities tied to the upcoming 15th Five-Year Plan. He urged the city to deepen its connection with the national plan and enhance financial cooperation with the mainland.

Yes, He Lifeng pledged that the Central Government will continue to improve the policy system supporting Hong Kong's construction as an international financial center. He committed to giving full support and safeguards for the city's financial reform and stability.

Sources5

* This is not an exhaustive list of sources.