Hong Kong Special Administrative Region Chief Executive Li Jiachao issued a statement on the 2025-26 fiscal budget case on the 26th. Lee Ka-chao said that the SAR Government Financial Secretary Chan Mo-po issued the third fiscal budget of this government, proposing a series of practical and effective measures on Hong Kong's economic development and public finance integration to consolidate the government's financial strength and to promote Hong Kong's economic development. Shape new momentum and new advantages.
Li Jiachao said that the fiscal budget proposed a number of measures, which are consistent with the direction of the policy report, including cultivating new quality productivity to strengthen the development of innovative technology and artificial intelligence; accelerating the development of the northern metropolitan area and the Hong Kong Park of Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone, and give full play to the The strategic positioning of "three centers and one high ground" will further cultivate and introduce talents, enhance advantageous industries, and promote the accelerated development of Hong Kong's economy.
He pointed out that the budget proposed pragmatic measures to improve public finance, focusing on strict control of government spending, supplemented by opening source, and steadily recovering the balance of income and expenditure, while taking into account the actual social situation and Hong Kong's competitiveness; at the same time, make good use of the situation and Hong Kong's competitiveness; Market forces promote infrastructure projects with innovative and diversified development models, and issue government bonds to finance related projects.
Li Jiachao continued to point out that in the complex and changeable peripheral environment, he firmly believes that Hong Kong will be able to seize various opportunities, continue to give full play to the unique advantages of "one country, two systems" under the "one country, two systems" and connecting the world, further promote internal and external connections, and actively integrate into the country. Development strategy, actively connect with national development strategies, promote faster economic development, and improve people's livelihood.
"Like the Financial Secretary, I am full of confidence in Hong Kong's development and prospects. I call on all sectors of society to support this budget," said Li Jiachao.
