As the Hong Kong SAR Government embarks on public consultations for its 2025 Policy Address, PwC is keen to share its insights and policy recommendations for the coming year.
In this paper, PwC proposes strategic measures to enhance Hong Kong’s global competitiveness by exploring new growth opportunities. Key strategies include reinforcing Hong Kong’s role as a super-connector between the Chinese Mainland and global markets by developing a headquarters economy and improving talent admission programs; driving innovation and technology; transforming the Northern Metropolis into a dynamic ecosystem for sustainable living; cultivating a local AI ecosystem; and establishing Hong Kong as a digital-first asset and wealth management hub. We also recommend expanding the over-the-counter market to serve as a platform providing early-stage funding to innovative companies and startups, diversifying RMB financial products, and developing the secondary debt capital market under a robust regulatory environment.