FINANCE

Hong Kong’s Five-Year Plan Puts Offshore Yuan Hub at Center

Published: Sep. 16, 2026 5:45 p.m. GMT+8

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Hong Kong’s first five-year economic plan since the 1997 handover puts strengthening its role as a global offshore yuan hub at the center of its financial strategy, including a proposal to explore yuan payments for government expenses.

Chief Executive John Lee unveiled the 2026-2030 plan Wednesday. The plan sets out five measures to strengthen Hong Kong’s role as an offshore yuan hub, including optimizing liquidity arrangements and expanding yuan-denominated products.

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Hong Kong unveiled its first five-year economic plan (2026-2030) since the 1997 handover, prioritizing its role as a global offshore yuan hub.
The plan proposes measures like optimizing liquidity, expanding yuan-denominated products, increasing bond issuance/collateral use, and broadening yuan counters under Stock Connect.
It also aims to deepen capital-market links, attract international institutions, build a commodities ecosystem (starting with gold), and channel finance into tech, trade, green development, and wealth/risk management.

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