Bizbeat Ep.247: Northern metropolis to unleash bright future for Hong Kong
The Chinese government has announced the latest series of policies to control housing prices since the beginning of 2021. Among these, the Hong Kong Special Administrative Region (SAR), which has the highest housing prices in the world, has also made major policy moves recently. The SAR's chief executive Carrie Lam unveiled plans for a new "northern metropolis" in her policy address to provide 900,000 homes for 2.5 million people. In this episode of BizBeat, CGTN's Zheng Junfeng explains.