According to a report by Hong Kong media outlet TechFlow Kong Economic Journal on March 8th, Starry Lee, President of the Legislative Council of Hong Kong and a member of the Standing Committee of the National People's Congress, stated that she will fully support and cooperate with Hong Kong's first five-year plan. Meanwhile, NPC deputy Chan Chun-ying pointed out that the development of emerging financial products such as stablecoins and virtual assets should be approached cautiously. He noted that many financial institutions, including banks, securities firms, and insurance companies, have already used artificial intelligence, and that the use of AI needs to be better regulated, including better oversight, in order to ensure Hong Kong's financial security and prevent any problems.
In addition, Legislative Council member Wu Jiezhuang, representing the electoral sector, said that the "15th Five-Year Plan" represents the direction of national development for the next five years and even longer. In this new stage, Hong Kong should give full play to its own advantages, do a good job in building "four centers and one high ground", consolidate and enhance Hong Kong's status as an international financial, shipping and trade center, and make every effort to build an international innovation and technology center. Hong Kong is currently the world's third-ranked international financial center, but it definitely has the opportunity to go further and become the world's second.
