Group 1: Economic Development and Reforms - The policy report emphasizes the importance of reform as a central theme, aiming to enhance government efficiency and address development challenges through the establishment of a "Department Head Responsibility System" and improved civil servant evaluation mechanisms [4][5] - The report outlines a series of short, medium, and long-term measures targeting industrial development, consolidating Hong Kong's international status, and promoting innovation and technology [6][7] - The establishment of the "Northern Metropolis Development Committee" and the introduction of flexible policies to attract new industries are highlighted as key strategies to boost economic growth and innovation [7] Group 2: Social Welfare and Public Services - The report includes a dedicated chapter on improving livelihoods, addressing nine key areas such as housing, transportation, and healthcare, with a focus on enhancing the quality of life for residents [10][11] - A target of supplying 189,000 public housing units over the next five years represents an 80% increase compared to the current government's tenure, directly addressing housing issues [11] - The report reflects a commitment to public healthcare reform, aiming to ensure that vulnerable populations receive adequate medical care while enhancing the sustainability of public health services [11]

Core Viewpoint - The article emphasizes that Chief Executive John Lee's fourth policy address reflects a proactive and responsible approach, showcasing a united effort in Hong Kong society to create a better future [1][2]. Summary by Relevant Sections Government Initiatives - The Hong Kong government has made significant progress in various construction projects over the past year, driven by extensive consultations to gather public opinions [1]. - The new policy address highlights a clearer and more robust approach to reform, development, and improving people's livelihoods, with innovative measures and a commitment to governance efficiency [2]. Economic Development - The report outlines a clear direction for industrial development, promoting advanced manufacturing, health technology, new energy, AI, and data science through flexible land grants, tax incentives, funding support, and talent cultivation [2]. - The establishment of the "Northern Metropolis Development Committee" and the introduction of dedicated legislation aim to accelerate the development of the Northern Metropolis area, demonstrating a strong will for reform [2]. Social Welfare - Improving the quality of life is emphasized as the ultimate goal of governance, with a focus on policies related to housing, transportation, healthcare, social welfare, labor protection, and community care [2]. - The report articulates a vision for better housing for citizens, higher incomes for workers, improved care for the elderly, and better development opportunities for youth [2]. Future Outlook - There is a strong belief that under John Lee's leadership, the government and various sectors of Hong Kong society will continue to adapt and strive for progress, turning ambitious plans into reality [3].

Group 1: Core Perspectives - The Chief Executive of Hong Kong, John Lee, presented the fourth policy address focusing on economic development and improving people's livelihoods, titled "Deepening Reform, Caring for People's Livelihoods, and Creating a Future Together" [1][2] - The policy address aims to align with national development strategies and outlines measures to enhance governance and management systems, including the establishment of a "Department Head Responsibility System" [1][2] Group 2: Economic Development Initiatives - A "Northern Metropolis Development Committee" will be established to enhance decision-making for the development of the Northern Metropolis, with a focus on attracting high-value industries and potential enterprises to Hong Kong [2] - The government plans to promote new industrialization, health technology, AI, and data science industries, as well as optimize the yacht industry to develop the yacht economy [2] - Efforts will be made to integrate Hong Kong's foreign offices to attract mainland enterprises to utilize Hong Kong as a platform for international expansion [2] Group 3: Financial and Educational Development - The government will accelerate the establishment of an international gold trading market and continue to develop a commodity trading ecosystem in Hong Kong [2] - Plans to develop Hong Kong as an international higher education hub include the construction of a "Northern University Town" and the establishment of a "Study in Hong Kong" program to promote the brand [2] - The government aims to position Hong Kong as a global hub for high-end art trading, leveraging its status as one of the world's top three art trading centers [2]