Hong Kong Chief Executive Li Jiachao recently stated in a media interview that the SAR government will formulate the "Five Year Plan" for the first time, fully aligning with the national "15th Five Year Plan". As the national "15th Five Year Plan" is about to kick off and lay out a blueprint for the next five years of development, this measure is not just a simple policy response, but a profound evolution of Hong Kong's governance thinking. It marks that Hong Kong is planning a long-term development path with a more forward-looking and proactive attitude under the "One Country, Two Systems" framework, and deeply integrating into the overall national development situation. For a long time, Hong Kong, known for its market-oriented approach and active non intervention, has achieved remarkable economic success, but it also faces challenges such as a relatively single industrial structure and the need to strengthen its long-term strategic layout. Faced with the complex and ever-changing global geopolitical and economic situation, relying solely on the spontaneous adjustment of the market makes it difficult to cope with systemic challenges and seize major opportunities that cross cycles. The decision to formulate the 'Five Year Plan' is an important improvement and innovation of Hong Kong's own development model. It is not a shift towards a "planned economy", but rather a reference to the scientifically effective "governance of China" that has been proven by practice in mainland China, in order to fill the "blind spots" that the free market may have in long-term infrastructure, technological innovation, and improvement of people's livelihoods, and enhance the resilience and sustainability of economic development. The proposal for the 15th Five Year Plan highlights the support for Hong Kong to consolidate and enhance its traditional advantages in areas such as international finance, shipping, and trade centers, and also indicates support for Hong Kong's construction of an international innovation and technology center. ”Li Jiachao believes that by developing high-tech, it can add value to the economy of Hong Kong and even the country. Building an international innovation and technology center and creating an international high-end talent gathering highland... The Hong Kong version of the "Five Year Plan" aims to translate these macro strategic positioning into specific action plans and project lists. From deepening the integration of rules and mechanisms in the Guangdong Hong Kong Macao Greater Bay Area to promoting efficient and convenient flow of personnel, materials, funds, and information within the region, Hong Kong is transitioning from a traditional "super contact person" to a more proactive "super value-added person" and regional development driver. Especially in the financial sector, Hong Kong, with its common law system, free flow of funds, and highly internationalized advantages, is expected to play a more critical role as a "firewall" and "hub" in serving national financial security and the internationalization process of the renminbi. It is expected that the vision of the "Five Year Plan" is not limited to economic growth. Li Jiachao stated that the plan will cover a wide range of livelihood issues such as education, healthcare, housing, and youth development. This reflects the deep understanding of the SAR governance team that social harmony and stability, as well as citizens' sense of gain, are the cornerstone of prosperity and the key to continuously attracting and retaining international high-end talents. By guiding resources through planning and focusing on resolving deep-seated social conflicts such as housing, we are essentially laying a solid social foundation for Hong Kong's long-term prosperity and stability. Tongxin Mountain turns into jade, and together earth turns into gold. ”We have reason to believe that under the leadership of the Chief Executive, coordinated efforts across policy bureaus and departments, and extensive listening to opinions from all sectors of society, the formulation and implementation of Hong Kong's first "Five Year Plan" will enable Hong Kong to better integrate into and serve the overall development of the country, and create greater opportunities for Hong Kong. (New Society)