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China's development paths in both the short and long term are taking shape, following the conclusion of the Fifth Plenary Session of the 19th Central Committee of the CPC on 29 October. This session unveiled the social and economic development targets for the 14th Five Year Plan, as the 13th FYP comes to an end this year. It also revealed a series of long-term goals that China expects to achieve in the next 15 years.

Amid a challenging global environment, and talk of U.S.-China decoupling, Beijing plans to move towards technological self-reliance and domestic consumption in a "dual circulation" strategic approach.

The economic development of Mainland China in the next decade is important to Hong Kong businesses as Beijing shifts the economic focus towards domestic consumption. Meanwhile, the political risk of the ongoing tensions between the U.S. and China is also a factor that cannot be ignored.

To better understand the key messages delivered in the Fifth Plenary Session, the Chamber has invited Joe Fang, Research Director at One Country Two Systems Research Institute, Tse Kwok Leung, Policy and Economic Adviser at Bank of China (Hong Kong), and Johnny Lau Yui-siu, a Political Commentator and China Affairs Analyst, to share their insights with members.

Speakers' presentations at this event are intended for educational purposes only and do not replace independent professional judgment. Statements of fact and opinions expressed during this event are those of the speakers and participants and, unless expressly stated to the contrary, are not the opinion or position of the Hong Kong General Chamber of Commerce, its members, or its committees. The Chamber does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented. Attendees should note that, with the approval of speakers, this event may be recorded, and possibly published on the Chamber's website in audio and/or video formats without further notice.

Recording, duplication or distribution of the contents of the online event is prohibited without prior written permission from the Chamber.


Joe Fang

Research Director, One Country Two Systems Research Institute

Dr Joe Fang is the Research Director at The One Country Two Systems Research Institute, the Convener of the Trade Facilitation Committee of Hong Kong-Mainland Economic and Trade Cooperation Advisory Committee, and a member of Shenzhen Internationalization Consultative Committee, Shenzhen CPPCC, Shenzhen and Zhuhai Municipal Advisory Committee. Fang has been engaged in research for many years, focusing on politics and economics.

Tse Kwok Leung

Policy and Economic Adviser, Bank of China (Hong Kong)

Dr Tse Kwok Leung is currently the Policy and Economic Adviser of Bank of China (Hong Kong). He has been serving the banking industry for over 20 years, mainly responsible for research relating to macro -economy. Tse has been servicing on The Chinese Banks's Association for years, and is currently the leader of its academic committee. He also served as a non-fulltime Member of the Central Policy Unit ("CPU") of The Government of the Hong Kong Special Administrative Region and a member of the CPU Pan-Pearl River Delta for years.

Johnny Lau Yui-siu

Political Commentator & China Affairs Analyst

Johnny Lau Yui-siu has worked as a journalist since 1972. He served as director of the Beijing Office, Hong Kong Wen Wei Po until 1989. Two years later, he founded "Contemporary" Magazine, serving as Deputy Editor until 1995. He has hosted programmes "Developing the New World" on Hong Kong Metro Radio and "Political Sunday" at CRHK, and served as Affairs Advisor at Hong Kong Cable TV and a commentator of Canadian Radio. In 2008, he was an adjunct lecturer at the School of Communication of Hong Kong Baptist University and Macao University. He regularly writes for Apple Daily, Hong Kong Economic Times, Oriental Daily, Sing Tao Daily and Ming Pao. He was awarded 'Outstanding Chinese Reporter' on the Olympics in 1988 and 'Peace Prize of Public Discussion' in 1989.

Language Cantonese / Putonghua
Date and Time 2020/11/24 11:00 to 12:15
Venue Online via ZOOM
Media Closed to media
Enquiries West Lam
Tel: 2823 1265
Fee Members @ HK$100 / Non-Members @ HK$200
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