Budget Speech

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	Paragraphs
Introduction	2 - 5
Economic Situation in 2025	6 - 15
Economic Outlook for 2026 and the Medium Term	16 - 27
Sustaining Momentum and Accelerating Economic Development	28
Proactively Aligning with the 15th Five-Year Plan	29 - 31
International Innovation and Technology Hub	32 - 33
Artificial Intelligence +	34 - 51
Life and Health	52 - 57
Development of New Industrialisation	58 - 62
Synergising with Market Forces to Accelerate Innovation and Technology Development	63 - 69
Nurturing and Strengthening Emerging Industries	70 - 87
Patient Capital	88 - 89
International Financial Centre	90
Consolidating Existing Strengths	91 - 100
Exploring Emerging Sectors	101 - 111
Strengthening Market Systems and Risk Control	112 - 121
Enhancing Industries with Competitive Edge	122
International Trade Centre	123 - 136
International Aviation Hub	137 - 142
International Maritime Centre	143 - 152
International Legal and Dispute Resolution Services Centre	153 - 157
Regional Intellectual Property Trading Centre	158 - 164
International Hub for High calibre Talents	165
Nurturing Talents	166 - 172
Attracting Talents	173 - 175
International Education Hub	176 - 180
Integrated Development of Culture, Sports and Tourism	181
Tourism Industry	182 - 190
Sports Industry	191 - 193
Cultural and Creative Industries	194 - 196
Accelerating Green Development	197
Achieving the Dual Carbon Targets	198
Green Technology	199 - 201
Green Finance	202 - 204
Green City	205 - 208
Land and Housing Supply
Northern Metropolis	209 - 214
Land Supply	215 - 217
Housing Supply	218 - 221
Infrastructure Development
Transport Infrastructure	222 - 225
Professional Development of Construction Industry	226 - 230
Reducing Construction Costs	231 - 232
A Caring and Inclusive Community
Supporting Work in the Aftermath of Tai Po Fire	233 - 235
Caring for the Elderly	236 - 239
Support for Youth	240 - 241
Women's Development	242
Support for Working Families	243
Support for Persons with Disabilities	244
Promoting Employment	245 - 246
Enhancing Healthcare Services	247 - 250
Public Finance	251 - 255
Following through the Fiscal Consolidation Programme	256 - 265
Bond Issuance	266 - 269
Revised Estimates for 2025-26	270 - 273
Estimates for 2026-27	274 - 278
Supporting People and Enterprises	279 - 280
Medium Range Forecast	281 - 286
Concluding Remarks	287 - 291
Supplement
Appendices
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