✉news BusinessEconomy first seen 18 h ago, last 17 h ago, peak #28
Hong Kong resisted rigid five-year plan goals, report says
Original: ‘Hong Kong resisted rigid 5-year plan goals to allay planned economy fears’
Hong Kong pushed back against being assigned rigid targets under China's five-year plan, according to a South China Morning Post report, in an effort to calm fears that the city is drifting toward a planned economy. The report suggests officials sought to preserve Hong Kong's market-based system and its distinct economic identity within the national planning framework.
Why now: Concerns persist about Beijing's growing influence over Hong Kong's economic model, making any sign of the city resisting central planning targets notable.
Hong KongChinaSouth China Morning Post
Evidence
- ‘Hong Kong resisted rigid 5-year plan goals to allay planned economy fears’ · South China Morning Post
- ‘Hong Kong resisted rigid 5-year plan goals to allay planned economy fears’ · South China Morning Post
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