Highlights | The Chief Executive's 2022 Policy
Address
Highlights
Fully and faithfully implement "One Country, Two
Systems"
Improve the legal system for safeguarding national security
Integrate into national development by pressing ahead with
strategic projects including the Northern Metropolis
Further promote the Constitution, Basic Law and National
Security Law
Draw on outstanding individuals who love the country and
Hong Kong into Government and various committees and public
bodies
Foster constructive interactions between executive
authorities and the legislature under the executive-led
structure and refine the Ante Chamber exchange sessions
Further improve governance
Improve governance through enhancing our governance systems,
including establishing Steering Group on Integration into
National Development and Steering Committee on the Northern
Metropolis to be led by the Chief Executive, setting up Hong
Kong Investment Corporation Limited, etc.
Set up Chief Executive's Policy Unit to enhance our research
capabilities for long-term and strategic issues
Adopt a result-oriented approach, and set 110 different
indicators (including key performance indicators (KPIs)) for
specified tasks
Strengthen civil service management by updating the Civil
Service Code; strengthening the reward and punishment
system; enhancing training and mobilisation protocol
Attract businesses and talents
Enhance competitiveness
Financial Secretary (FS) to lead Office for Attracting
Strategic Enterprises (OASES) to attract strategic
enterprises to Hong Kong with targeted and attractive
special facilitation measures
Chief Secretary for Administration to lead Talents Service
Unit to co-ordinate work for recruiting talents and provide
them with one-stop support
Set up Dedicated Teams for Attracting Businesses and Talents
in 17 Mainland Offices and overseas Economic and Trade
Offices to proactively reach out to target enterprises and
talents
Establish the $30 billion Co-Investment Fund to attract
enterprises to set up operations in Hong Kong and invest in
their businesses
Launch Top Talent Pass Scheme to attract talents of high
salary and graduates of the world's top 100 universities to
pursue careers in Hong Kong
Allow eligible talents from outside Hong Kong to, upon
becoming permanent residents, apply for a refund of the
extra stamp duty paid for purchasing residential property
locally
Enhance existing talents admission schemes to better attract
talents
Reinforce traditional advantages
Develop emerging industries
Enhance competitiveness in financial services by
facilitating large-scale advanced technology enterprises to
list in Main Board, promoting the launch of more
Renminbi-denominated investment tools, strengthening mutual
market access, developing green and sustainable finance,
etc.
Promote innovation and technology (I&T) development
Facilitate commercialisation of research and development
(R&D) outcomes
Attract 100 high-potential I&T enterprises to set up
operations in Hong Kong in next five years, including at
least 20 top-notch I&T enterprises
Set up the $10 billion "Research, Academic and
Industry Sectors One-plus Scheme" (RAISe+ Scheme)
to support commercialisation of R&D outcomes by
university research teams
Enhance existing technology talent schemes and build
more accommodation facilities for I&T talents
Create the post of Commissioner for Industry to be
responsible for co-ordinating and steering
re-industrialisation strategies
Press ahead with construction of the Hong Kong-Shenzhen
Innovation and Technology Park in the Lok Ma Chau Loop
and development of San Tin Technopole
Showcase our soft power Promote development of arts,
cultural and creative industries
Set up Culture Commission to formulate the Blueprint for
Arts and Culture and Creative Industries Development
Promote Hong Kong's pop culture to go global through
three media of film, TV and streaming platforms
Establish the Mega Arts and Cultural Events Fund to
support staging of international arts and cultural
events in Hong Kong
Provide financial support to promising and budding small
and medium-sized arts groups and artists, and launch
internship programmes for students studying arts and
cultural programmes in post-secondary institutions
Map out a 10-year development blueprint to build more
and expand arts and cultural facilities
Enhance Asia IP Exchange portal to promote copyright
trading and development of arts, cultural and creative
industries
Enhance quantity, speed, efficiency and quality
Introduce new Light Public Housing (LPH), and build 30 000
such units in next five years
Counting both LPH units and traditional public rental
housing (PRH) units, increase significantly overall public
housing production by 50% to 158 000 units in next five
years, and shorten the Composite Waiting Time for Subsidised
Rental Housing to around 4.5 years in four years' time (i.e.
in 2026-27)
Introduce a pilot scheme to encourage participation of
private developers in building subsidised sale flats
Make available sufficient land for private housing
development in next five years to meet projected demand, to
stabilise private housing supply
Compress land production procedures to reduce the time
required for turning "primitive land" into
"spade-ready sites" by one-third to half. Build up
a land reserve in the long run to gain control in land
supply
Lower the compulsory sale application thresholds to 60% or
70% of ownership to facilitate urban renewal of old areas
Establish Dedicated Processing Units to expedite approval of
general building plans, so that about 80% of the plans can
be approved on their first or second submission
Recommend taking forward three major road projects and three
strategic railway projects to improve the territory-wide
transport network and promote development
Groom local talents
Step up STEAM education, including implementing enriched
coding education for the upper primary and introducing
I&T elements such as Artificial Intelligence for the
junior secondary
In next five years, 35% of students in the University Grants
Committee (UGC)-funded universities to study STEAM subjects
and 60% study subjects relevant to the "eight
centres" in the National 14th Five-Year Plan
Increase about 1 600 UGC-funded research postgraduate places
to build a strong pool of I&T talents
Promote vocational and professional education and training,
including increasing 3 000 subsidised places for
self-financing higher diploma and undergraduate programmes,
and considering to introduce more applied degree programmes
Publish the first edition of the Youth Development Blueprint
within this year
Increase participating advisory committees in the Member
Self-recommendation Scheme for Youth to no less than 180
five years later, and open up some seats in two district
committees for young people to nominate themselves as
members
Make available land for Starter Homes in the next financial
year to help more young people buy their own homes.
Subsidise the leasing of hotels and guesthouses to provide
3 000 additional hostel places under the Youth Hostel Scheme
within five years
Boost primary healthcare
Strengthen support for elderly and disadvantaged
Publish the Primary Healthcare Blueprint, revamp the
healthcare system to focus on prevention and early
treatment, and establish the Primary Healthcare Authority
Launch the Chronic Disease Co-Care Pilot Scheme to refer
people identified by District Health Centres to be at high
risk of hypertension or diabetes mellitus to the private
sector for further examination and treatment
Allow shared use of Elderly Health Care Voucher between
spouses and extend the coverage. Roll out a pilot scheme to
encourage use of primary healthcare services through
increasing the annual voucher amount from existing $2,000 to
$2,500 with conditions
Adopt a basket of measures to reduce the waiting time of
stable new case bookings for the specialty of Medicine in
Hospital Authority by 20% in 2023-24
Create the post of Commissioner for Chinese Medicine (CM)
Development, and increase the annual quota of CM out-patient
service by one-third to 800 000
Restructure the Commission on Poverty and identify any other
target group for poverty alleviation
Strengthen support for carers, including regularising and
increasing carers' allowance to $3,000 per month to benefit
about 10 000 carers
Regularise the Pilot Scheme on Community Care Service
Voucher for the Elderly and increase the number of
beneficiaries by 50% to 12 000. Provide 6 200 additional
subsidised places in residential care homes for the elderly
by end-2027, i.e. 20% increase
Launch a special scheme to import care workers on an
appropriate scale, to safeguard local workers' priority for
employment, while enhancing service quality of care homes
Invite the Minimum Wage Commission to study how to enhance
the review mechanism of statutory minimum wage
Set up the District Services and Community Care Teams in
Tsuen Wan and Southern District in the first quarter of next
year
Ideal for living and leisure
Build a "Round-the-Island Trail" of about 60
kilometres long on Hong Kong Island, and connect 90% of the
Trail within five years
Promote urban sports; map out a 10-year development
blueprint to provide about 30 diversified sports and
recreation facilities; enhance the Hong Kong "M"
Mark System to support major international sports events
Provide 7 000 additional parking spaces with electric
vehicle chargers in government premises in next three years.
Improve the overall energy performance of government
premises by more than 6% by 2024-25
Introduce a bill into the Legislative Council early next
year to regulate disposable plastic tableware. Launch a
trial scheme on food waste collection in PRH within this
year
Support enterprises Relieve people's burden
Extend the Convention and Exhibition Industry Subsidy Scheme
to end-June next year. Launch a new $1.4 billion scheme
thereafter to stage over 200 exhibitions in Hong Kong over
three years
Extend the Pre-approved Principal Payment Holiday Scheme for
another six months; reduce water and sewage charges for
non-domestic accounts for another eight months; and provide
rental or fee concessions to tenants of government premises
and short-term tenancies for another six months
Raise the funding ceiling per enterprise under the Dedicated
Fund on Branding, Upgrading and Domestic Sales and the SME
Export Marketing Fund to $7 million and $1 million
Extend the special measure of Public Transport Fare Subsidy
Scheme for another six months
Extend the interest-free deferral of loan repayment under
student financial assistance schemes for local
post-secondary students for another one year
Tell good stories of Hong Kong
FS to lead a task force to formulate new strategies to tell
the good stories of Hong Kong. Relevant government
departments and organisations reach out to traditional and
emerging markets proactively to publicise Hong Kong's
opportunities and strengths
Launch a new visitors' programme whereby about 1 000 leaders
in various fields from Mainland and overseas will visit Hong
Kong on sponsorship and be briefed about our latest
developments