Policy Address

II. Economy

6.         Last year, we saw the worst performance of the global economy since 2009 and the consequential slackening of our external trade.  That said, our economy registered moderate growth and we have an extremely low unemployment rate.  Uncertainties in the external environment will continue to impact on Hong Kong this year.  We must strive for excellence through unceasing efforts to enhance our competitiveness and improve the business environment.  We must promote the restructuring and upgrading of traditional industries, strengthen emerging industries, and widen and deepen our external economic and trade relations.

7.         By leveraging the combined advantages of “one country” and “two systems”, industries in Hong Kong, regardless of scale, can perform their role as a “super-connector” to attract foreign technologies and investment.  They can also serve as a platform or partner for Mainland enterprises to “go global”.

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