The Chief Executive made the following remarks after the last paragraph of his Policy Address at the Legislative Council:

Madam President,

I joined the Government on January 3, 1967. In three months' time, I will have been in public service for 40 years. During this time, I have seen Hong Kong transform itself from a city of refugees into an industrialised centre powered by the proliferation of small, domestic factories. We gradually developed into a trading hub, an international financial centre and a logistics base. To me, and to people in my age group, this transformation has been an incredible journey.

In those days we did not have the luxury of lofty ideals, development blueprints or master plans. All we did was to work hard and constantly try to improve our lot. We adapted to the ever-changing social and economic circumstances swiftly and flexibly. Step by step we worked hard to achieve what we have today.

I never for one minute thought that one day I would become Chief Executive. But as I am now in this position I will certainly rise to the challenge with courage, using my abilities and experience to do my utmost for the people of Hong Kong.

"Act when you should act, and stop when you should not press on."

Hong Kong is indeed a blessed land. I have only one simple wish, and that is for our next generations to enjoy the same blessings and good fortune that we have grown up with. With our country's selfless care and strong support, with the favourable and unique conditions that Hong Kong enjoys and with the enterprising spirit of Hong Kong people, I am convinced that our next generations will continue to enjoy the same blessings and build an even more prosperous and better Hong Kong.

Thank you.