Government to provide Hong Kong fresh impetus

This is to boost the city’s economic growth, Financial Secretary Paul Chan said.

The government, under the leadership of Chief Executive John KC Lee, is creating a “strong” impetus to boost Hong Kong’s economic growth, Financial Secretary Paul Chan said. 

“This will not only enhance the city’s competitiveness and long-term economic sustainability, but is also key to creating high-quality jobs and employment opportunities for our people,” Chan said. 

The impetus will cover key sectors, such as financial and real estate, but it will also expand to economic structure, particularly innovation and technology development.

“Hong Kong is keen on harnessing our status as an international financial centre and our strengths in professional services to contribute to global environmental objectives, Chan said. 

“Strong demands for sustainable infrastructure and green transition around the world present a vast promise, and Hong Kong is well poised to address them.”

Moreover, the government will also prioritise land and housing to improve the quantity, speed and the quality of housing supply.