To advise the Chief Executive on Hong Kong's long-term development needs and goals with particular reference to the direction and strategy of social, economic and political developments for Hong Kong;
To conduct reviews and studies on Hong Kong's long-term strategic development issues such as a progressive view of development, alleviating poverty through job creation, raising the quality of life, optimizing demographic structure, enhancing governance and promoting political development, etc., with a view to enhancing the international competitiveness and the socio-economic development of Hong Kong; and
To form task groups or working groups as and where necessary to study specific strategic issues for consideration of the Commission.
