Chief Executive John Lee Ka-chiu concluded a three-day visit to Fujian province on Thursday, announcing that elderly Hongkongers retiring in the neighboring provinces of Guangdong and Fujian will begin receiving their monthly allowances directly into their mainland bank accounts starting next month. The initiative, first introduced in Lee’s recent policy address, is designed to streamline payment distribution and provide increased financial security for seniors living across the border.
Lee shared the announcement during a morning tea session with Hong Kong retirees in Fuzhou, where he said attendees responded positively to the “Fujian Scheme,” which they credited with enhancing their quality of life. The direct payment arrangement aims to simplify allowance access and reduce administrative hurdles for retirees residing on the mainland.
During his visit, Lee attended an exhibition commemorating the 30th anniversary of the “3820” strategic project, a development plan launched in 1992 that outlines a 20-year growth blueprint for Fuzhou. Lee described the long-term vision as an important source of inspiration for Hong Kong as it prepares its first five-year plan aimed at leveraging national development opportunities and improving local livelihoods.
In addition to Fuzhou, Lee traveled to Ningde, where he met with Municipal Party Secretary Zhang Yongning and toured facilities operated by CATL and Ningde Sikeqi Intelligent Equipment. Emphasizing economic integration, Lee encouraged more Fujian-based firms to establish operations within Hong Kong’s Northern Metropolis, a newly developed area intended to foster regional innovation and cross-border cooperation.
The visit underscores ongoing efforts by Hong Kong authorities to deepen ties with mainland regions, particularly in areas with significant Hong Kong retiree communities. The new policy on direct allowance payments reflects a broader push to enhance convenience and connectivity for residents navigating the complexities of cross-border living and financial management.