Strengthen and Consolidate Hong Kong’s Status as International Financial Center for Better Competitiveness
Amid intense competition from other financial centers, Hong Kong must have crisis awareness and continue to strengthen and consolidate its status as an international financial center.
Hong Kong will miss the boat if it continues to hold itself back and does not cherish the new opportunities in the Great Bay Area, and it will not only be marginalized, but may even be reduced to a second-rate city in the future.
Hopefully, people of different opinions will respond positively in the interests of society as a whole so that the Policy Address’s blueprint and vision can be realized, with everyone working together to build a harmonious and prosperous society where people can live and work in peace and happiness.
Hong Kong is a capitalist society and its people have always attached great importance to earning our own bread. Why step backward and pursue welfarism, thus creating a financial time bomb for ourselves?
Support the new Chief Executive in sizing up the situation to first repair the rift and release people’s pent-up feelings, striving to create a favorable social environment for political reform under the framework of the NPC’s “8.31 decision”.
Appropriately allocating resources to provide effective antidotes to various problems and promoting continual economic development will help relieve the ever-growing financial burden in the long run.
The public look to the Government to ensure reasonable electricity tariffs, make flexible response to calls for carbon reduction, and promote the development of RE power generation with a new mindset.
Members of the public have fallen prey to unscrupulous financial intermediaries and suffered heavy economic losses when they borrowed money from finance companies. Some elders even lost their life savings or self-occupied property. Such illegal scams are indeed intolerable.
As this year’s global political and economic situations are complex and volatile, we must be vigilant and make concrete efforts to help Hong Kong’s new industries thrive.
It is high time that the government should get a good grasp of the city’s housing data and establish a comprehensive land database – an instrumental tool for formulating liveability improvement policies that can give citizens back the basic necessity of a humble home.
If the Government considers it necessary to change the IPO mechanism, I believe that it should first regulate the impact assessment and analyze the cost-effectiveness involved, including the impact on different stakeholders such as the society, business community and regulatory bodies.