Bolstering Economic Confidence is Key
It is a delight to see that the new Budget has adopted a number of recommendations by CGCC to address these issues, including the removal of the “harsh measures” for the property market, the expansion of the scope of government bonds, and concrete measures in other areas such as to rebuild business confidence.
We hope the authorities would actively unite all sectors of society to jointly inject new impetus
for Hong Kong’s development and foster new economic growth engines by increasing
support for industries where Hong Kong has competitive advantages and also SMEs, while
further developing Hong Kong's competitive advantages to capture the opportunities arising
from the country’s new strategic development.
I am very honoured to work together with all our members to continue focusing on four main areas in the Chamber’s future undertakings, performing
the unique functions as a chamber of commerce in promoting Hong Kong’s
long-term development and national development.
The HKSAR Government can consider setting up a development fund for the
cultural and creative industries to promote the industries where Hong Kong has
certain strengths, such as films, music, dramas and animation, so that they become the pop icons in the Greater China and even Asia region.
Hong Kong not only has the fundamental elements and support services for promoting the development of technology, innovation and creativity, but also is oriented towards the huge markets of the Mainland, Greater China and Asia.
Zhang Dejiang said that Hong Kong people must look to the future and maximise Hong Kong’s strengths to focus on economic development and improving people’s livelihood by seizing the opportunities arising from the country’s new round of strategic economic development.
We look forward to Hong Kong capitalising on its unique strengths in financial services to fully support financial cooperation between both places in order to seize the huge business opportunities arising from China’s ‘go global’ strategic development.
With Hong Kong’s constitutional development about to enter the critical phase, the CGCC and a vast majority in the business community are in favour of the package put forward by the HKSAR Government on the “Method for Selecting the Chief Executive by Universal Suffrage”.
The specific constitutional reform package recently announced by the HKSAR Government provides a constitutional, reasonable and feasible approach to achieve “one person, one vote”universal suffrage for the 2017 Chief Executive election.
At the “Two Sessions” concluded last month, a number of strategic plans were put forward with a view to promoting China’s comprehensive, in-depth development.
At the beginning of the Year of the Goat, the Financial Secretary presented a Budget that can address both economic development and improvement in people’s livelihood, injecting impetus for Hong Kong’s long-term stability and on-going development.
