The Chief Executive's 2024 Policy Address

Reform and Embrace Changes to Achieve Prosperity 1-11

Steadfastly and Successfully Implement "One Country, Two Systems" and Strengthening Our Governance Systems 12-28

(A) Fully and Faithfully Implement the Principle of "One Country, Two Systems" 12-19
- Optimise the Institutional Strengths of "One Country, Two Systems" 12-14
- Safeguard National Security 15-17
- Foster Patriotic Education 18
- Promote Chinese Culture 19
(B) Strengthen Our Governance Systems 20-28
- Enhance the Cross-bureau Co-ordination Mechanism 21
- Strengthen Governance Capabilities of the Civil Service 22-26
  - Strengthen Civil Service Management 22
  - National Studies and International Training 23-24
  - Civil Service Exchange Programme between Hong Kong and the Mainland 25
  - Launch the Governance Talents Development Programme 26
- Digital Transformation of Public Services 27
- Bolster Security of Computer Systems of Critical Infrastructure 28

Consolidate and Enhance Our Status as an International Financial, Shipping and Trade Centre 29-74

(A) International Financial Centre 33-46
- Deepen Mutual Market Access and Enrich Offshore Renminbi Business 34-36
- Further Enhance Our Status as an International Risk Management Centre 37
- Further Enhance Our Status as an International Asset and Wealth Management Centre 38
- Proactively Expand Markets and Deepen Overseas Networks 39
- Further Enhance the Securities Market 40
- Provide Convenient Cross-boundary Financial Services Arrangement 41
- Build an International Gold Trading Market 42-44
- Enhance the Green Finance Ecosystem 45-46
(B) International Shipping Centre 47-57
- Establish the Hong Kong Maritime and Port Development Board 49
- Promote Development of High Value-added Maritime Services 50
- Advance Development of Green Maritime Centre 51
- Create a Commodity Trading Ecosystem 52-53
- Develop the Smart Port and Conduct International Promotions 54-55
- Expand High Value-added Logistics Services 56-57
(C) International Trade Centre 58-65
- Build a High Value-added Supply Chain Service Centre 60
- Expand Our Global Economic and Trade Networks 61
- Promote Development of a Headquarters Economy 62-64
- Foster Trading of Liquor 65
(D) International Aviation Hub 66-71
- Enhance Aviation Development Strategies 68
- Develop a World-leading Airport City 69
- Expand Cargo Capacity through the GBA and Enhance Advantages of the Air Cargo Industry 70-71
(E) Regional Centre for International Legal and Dispute Resolution Services 72-74
- Commence Training for International Legal Talents 72
- Step up Promotion of Mediation Services 73
- Develop a Sports Dispute Resolution System 74

Develop New Quality Productive Forces Tailored to Local Conditions 75-102

(A) International I&T Centre 76-86
- Optimise the Strategy and Institutional Set-up for the Development of New Industrialisation 76
- Establish the Third InnoHK Research Cluster 77
- Increase Research Funding 78
- Increase Investment for I&T Industries 79
- Attract International Start-up Accelerators to Establish a Presence in Hong Kong 80
- Develop the Low-altitude Economy 81-82
- Promote Development of Communications Technology 83
- Advance R&D of Aerospace Science and Technology 84
- Promote Development of New Energy 85-86
(B) Regional Intellectual Property Trading Centre 87-92
- Enhance the Legislative Framework for IP 88-90
- Strengthen Training of IP Talents 91-92
(C) International Health and Medical Innovation Hub 93-95
- Reform the Approval Mechanism for Drugs and Medical Devices 94
- Strengthen Biomedical Technology R&D and Translation 95
(D) Promote Integrated Development of Digital Economy and Real Economy 96-102
- Accelerate Development of Digital Trade 97-98
- Establish a New Fintech Innovation Ecosystem 99
- Facilitate Cross-boundary E-commerce Logistics Services 100
- Promote Smart Construction and Management of Public Rental Housing Estates 101
- Promote LawTech 102

Build Hong Kong into an International Hub for High calibre Talents 103-120

(A) Co ordinate and Promote Integrated Development of Education, Technology and Talents 103
(B) Attract Talents 104-110
- Trawl for Talents 105-106
- Assist Talents in Pursuing Development in Hong Kong 107
- Promote Development of an International Hub for Post-secondary Education 108-110
  - Nurture Future Talents and Establish the "Study in Hong Kong" Brand 108
  - Promote Quality Development of Self-financing Institutions 109
  - Develop the Northern Metropolis University Town 110
(C) Nurture Talents 111-120
- Promote Multiple Pathways 111-112
  - Advance the Development of Universities of Applied Sciences 111
  - Expand Our Vocational Talent Pool 112
- Promote STEAM Education in Primary and Secondary Schools 113
- Enhance Support for Schools, Teachers and Students 114
- Expedite Youth Hostel Projects 115
- Support Young People to Purchase Subsidised Sale Flats 116
- Strengthen Support for Youth Development 117-120

Promote Integrated Development of Culture, Sports and Tourism and Foster Economic Diversification 121-137

(A) East meets West Centre for International Cultural Exchange and Integrated Development of Culture, Sports and Tourism 121-133
- Enhance Cultural Soft Power and Promote Development of Cultural and Creative Industries 122-124
  - Strengthen Long-term Industry Development in the West Kowloon Cultural District 124
- Promote Sports Development and Build Hong Kong into a Centre for Mega International Sports Events 125-128
  - Develop Kai Tak Sports Park into a Sports and Mega Event Landmark 127-128
- Enhance Cultural Confidence and Revitalise Hong Kong's Tourism Industry 129-133
  - Develop New Tourist Hotspots 131
  - Increase Tourist Arrivals 132-133
(B) Foster Economic Diversification 134-137
- Support Small and Medium Enterprises 134
- Develop Silver Economy 135-136
- Promote Sustainable Development of the Agriculture and Fisheries Industries 137

Take Forward the Northern Metropolis as Growth Engine and Deepen GBA Collaboration 138-156

(A) Take Forward Development of the Northern Metropolis 138-142
(B) Promote Development of the Hong Kong Shenzhen I&T Park in the Loop 143-146
(C) Leverage the Strengths of the GBA to Foster Mutual Capacity Development 147-156
- Capitalise on the Mainland's Land Resources and Hong Kong's Advantages in Cargo Flow to Develop a Logistics Industry Circle 149
- Promote Collaboration in the Airport Cluster of the GBA to Expand Business Networks 150
- Enhance the Mechanism on Recognition of Professional Qualifications 151
- Mobilise Capital for Joint Investment in the GBA 152
- Promote Data Flow for Public Convenience and Business Facilitation 153
- Scale up Medical Collaboration in the GBA 154
- Strengthen Legal Co-operation 155
- Nurture Talents and Create Opportunities for Youth Development 156

Improve People's Livelihood in Pursuit of Happiness 157-221

Closing Remarks 222-228