Innovation and Technology 64. The development of I&T will bring huge economic benefits to Hong Kong. The intellectual property so generated can be commercialised to drive ancillary economic activities, thus creating quality employmen… read more
Mutual Market Access 48. Apart from developing Hong Kong’s capital markets, we have also been actively promoting mutual access with the Mainland. This will not only benefit our financial services industry, but also contribute to th… read more
Direction of Hong Kong’s Economic Development 35. While we are amidst a new situation, new landscape and new norm of global politics and economies, we should maintain a clear and flexible mind, identifying the unique positioning of Hong … read more
Global Political and Economic Landscape 26. In last year’s Budget, I mentioned three major global trends, namely rising trade protectionism, unstoppable wave of innovation and technology (I&T), and the shift of world economic gravity… read more
Revised Estimates for 2018-19 11. The 2018-19 revised estimates on government revenue is $596.4 billion, lower than the original estimate by 1.3 per cent or $8.1 billion. This is mainly due to lower-than-expected revenues from land … read more