The Hong Kong ACCA has proposed 10 recommendations for Hong Kong's first five-year plan, focusing on AI accounting and the development of an offshore RMB hub.

The ACCA (Association of Chartered Certified Accountants) in Hong Kong submitted 10 recommendations for public consultation on Hong Kong's first five-year plan, including establishing "Guidelines for AI Applications in the Accounting Profession" and a dual-track regulatory sandbox; advancing the accounting profession into the fields of valuation, mergers and acquisitions, and physical assets; constructing a key industrial chain map for the Northern Metropolis and pilot transformation testing sites; deepening cross-border data flow and mutual recognition of professional qualifications in the Greater Bay Area; gathering diverse international capital to empower startups; establishing dual hubs for offshore renminbi and bulk commodities; promoting innovation in green financial products and support for SMEs in ESG basics; building a carbon market and a professional service hub for sustainable aviation fuels (SAF); creating an ecosystem for talent development and assessment in AI, green technology, and intellectual property; and promoting collaboration among government, industry, academia, and research to establish a framework for assessing AI applications in enterprises. Zheng Jieshen, President of ACCA Hong Kong, stated that as a high-end professional services hub and a two-way bridge connecting the mainland with international markets, Hong Kong must enhance its competitiveness by centering on finance, innovation, professional services, and the aggregation of high-end talent. It should actively take on the role of a high-value hub for resource allocation and service innovation, continuously providing a stable, transparent, and reliable institutional environment to more efficiently gather international capital, connect with international standard certifications, construct broader platforms, and offer more convenient infrastructure. This approach aims to achieve a higher level of openness and connectivity, serve the national development strategy, and reinforce and elevate Hong Kong's overall economy and leadership position as an international financial center.