Hong Kong unveils first 5-year plan to broaden the city's identity beyond finance, tell me about this news in (https://www.wral.com/news/ap/31a59-hong-kong-unveils-first-5-year-plan-to-broaden-the-citys-identity-beyond-finance/)

Hong Kong Chief Executive John Lee unveiled the city’s first-ever comprehensive five-year development plan, designed to diversify Hong Kong’s economic and cultural identity beyond its traditional role as a global financial hub.Key highlights from the report include:

• Economic and Identity Diversification: While preserving Hong Kong’s status as an international financial center, the plan places major strategic emphasis on developing sectors such as innovation and technology, cultural and creative industries, and tourism.
• Integration with National Strategy: The five-year blueprint closely aligns Hong Kong’s medium-term roadmap with mainland China’s broader national five-year planning cycles and regional initiatives, including deeper collaboration within the Greater Bay Area (particularly with neighboring tech hubs like Shenzhen).
• Innovation and Technology Hub: The government aims to accelerate Hong Kong’s transition into an international innovation and technology center, promoting research commercialization, digital transformation, and advanced manufacturing.
• Talent and Strategic Investment: The initiative outlines frameworks to attract and retain global talent, boost infrastructure, and cultivate new economic growth engines to strengthen the city’s long-term resilience and global competitiveness.