Policy Address

IX. Closing Remarks

222. Since taking up office, I have pushed ahead with many reform measures to transform government culture, strengthen the systems and improved various regimes. Our goal is to keep Hong Kong going, and make it a city in which people live in better homes, enjoy better education and cherish their lives. We strive for this goal.

223. I always take time to reflect and listen to views of others to ensure that our policies are working and our measures are effective. I take a close look into the daily needs of our people while staying abreast from a global perspective of the world trend, our nation's strategic outlook and the societal interests. While keeping our principles and being innovative when taking forward reforms, we have to look at the flip sides that a measure may bring other than its benefits. Reform is essential, but we should always be mindful that it is a means and not an end, that it should never undermine success factors that are well established and work effectively.

224. Having regard to various objective facts, I do believe that our overall policy directions are on the right course. Over the past two years or so, median monthly household income has risen by about $2,800, up over 10%, while over 100 000 jobs have been added. The waiting time for public housing has been shortened by six months, and the first batch of LPH will soon be completed for intake, filling the gap in the supply of public housing. District governance and Care Team services are firmly in place in all 18 districts across the territory. Outcomes of our efforts to trawl for talents and enterprises are also well-recognised.

225. Thanks to the concerted efforts of all concerned, Hong Kong's status as an international financial centre has climbed up one place to restore the global third position, putting an end to the negative narratives of our city's future. We moved up two places to rank fifth in world competitiveness, and rose seven places in talent competitiveness, to stand among the world's top 10 once again. Hong Kong also retains the top spots in global ranking in investment environment, international trade, business legislation and air-cargo throughput, etc.