Hong Kong Chief Executive John Lee is set to deliver his third Policy Address on October 16, as reported by Odaily. PricewaterhouseCoopers (PwC) has provided a preview of the address, suggesting a three-pronged strategic approach for the Hong Kong government. This strategy aims to rebuild confidence in the capital market, enhance the region’s appeal for investment and talent, and capitalize on opportunities within the digital economy to strengthen Hong Kong’s global competitiveness and financial resilience.

PwC highlights the importance of positioning Hong Kong as a leader in smart city development and digital innovation in today’s rapidly evolving technological landscape. To maximize the potential of the digital economy, the focus should be on two key areas: creating robust digital and virtual asset platforms, and bolstering the infrastructure necessary for a thriving digital economy.