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Northern Metropolis

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Northern Metropolis
Carrie Lam Cheng Yuet-ngor laid down the blueprint for the Northern Metropolis in her 2021 policy address. The scheme, repackaged and expanded from an existing new town plan, involves the development of an IT hub in northern New Territories near the border with mainland China, construction of up to 186,000 homes and a new cross-border railway linking the city to the Qianhai economic zone in Shenzhen. The plan, which would take 20 years to deliver, is seen as a major strategic change for development, moving the city's centre away from Hong Kong Island to the north, to integrate the city into the latest national development plan.
Hong Kong economy

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A planned supercomputing facility in the Northern Metropolis will help blend the strengths of Hong Kong and Shenzhen.

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Beijing tasks Hong Kong with enhancing role as an international finance centre

City priorities in 15th five-year plan draft include development of a commodity trading ecosystem and deepening cross-border connections of financial markets.

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