Hong Kong’s Chief Executive, John Lee, delivered his third Policy Address on 16 October 2024 (2024 Hong Kong Policy Address), “Reform for Enhancing Development and Building Our Future Together”, focused on Hong Kong’s competitiveness and strengthening sustainable economic growth in Hong Kong. Also on 16 October 2024, Hong Kong was ranked as the world's freest economy among 165 economies by The Fraser Institute of Canada’s Economic Freedom of the World 2024 Annual Report. Of the five areas of assessment in the 2024 Economic Freedom Report, Hong Kong ranks top in "Freedom to trade internationally" and "Regulation", and third in "Sound money".
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