Policy Address

II. Economy

10.         Hong Kong needs sustained economic growth to address issues such as poverty, housing, an ageing society, environmental protection and the upward mobility of our young people.

11.         Hong Kong has a sound institutional framework and the rule of law.  We have a free flow of goods, capital and information; a tradition that champions fair and open competition; superb infrastructure; world-class entrepreneurial talent; and, international professional services.  Hong Kong ranks highly in global competitiveness and benefits from the many opportunities flowing from economic development in the Asia-Pacific region, the preferential treatment accorded by our country and the momentum provided by the Mainland’s rapid development.

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