Borrison/hk-legicost huggingface dataset:
更令人擔心的是，政府可供推售的用地面積越來越小。
What is more worrying is that the area of government sites for sale is getting smaller
在2017-2018年度的28幅土地中，有18幅可供興建500個單位以上，而6幅是"蚊型地"，只可興建不足100個單位。
Among the 28 sites included in the 2017 - 2018 Land Sale Programme 18 sites were capable of providing more than 500 units while six sites were mini sites each of which had a capacity to provide only less than 100 units
我相信這個比例難以應付私人市場或私樓供應。
I believe this ratio can hardly cope with the private market or private housing supply
在這數年間，樓價急升，並一直處於高位。
Over the past few years property prices have soared and remained high
即使經歷2019年的"黑暴"及疫情，樓價依然企穩。
Even after the black - clad violence in 2019 and the epidemic property prices have remained steady
說白一些，市場也看到政府現時露了底，"無貨賣"。
To put it bluntly the market could see that the Government had revealed its cards with nothing to sell
如果發展局局長或"財爺"的同事聽到我的發言，我希望他們可以回應以下兩點。
If the Secretary for Development or FSs colleagues have heard my speech I hope they will respond to the following two points
第一點是，2021-2022年度的土地供應能夠達標，純粹由於《長策》在前兩年，即是在2019-2020年度起，把公私營房屋供應比例，由六四比改為七三比，變相大幅下調了私樓供應的目標。
The first point is that the land supply target of 2021 - 2022 can be met simply because the Government adjusted the public - private housing ratio from 6col4 to 7col3 in LTHS two years ago that is from 2019 - 2020 onwards which has in effect substantially lowered the private housing supply target
這項變動本身沒有實際增加公營房屋的供應，卻硬生生地壓抑私樓的供應，結果導致供應"兩頭縮"。
This adjustment would not increase the actual public housing supply but has rigidly suppressed private housing supply resulting in a reduction in supply at both ends
我想問局長，即使2021-2022年度如期有可供興建13,000個單位的土地應市，這對紓緩供不應求的情況有何幫助？
I would like to ask the Secretary Even if the land for the provision of 13 000 units can come on stream in 2021 - 2022 as scheduled how will this make up the shortfalls in supply?
訂下《長策》又有何目標？
What is the objective of formulating LTHS?
此外，我留意到預算案打算把數幅酒店用地改為住宅用地，看來未來數年私樓土地供應可能會出現斷層。
Moreover I notice that the Budget intends to convert several hotel sites into residential sites so it seems that there may be a gap in private housing land supply in the next few years
在完善選舉制度的安排後，如果特區政府的思維不變，便無法作出相應的配合。
Upon the improvement of the electoral system adjustments can be made accordingly only when the SAR Government changes its mindset
代理主席，即使今天聽不到當局的回應，不要緊，我也會繼續追問發展局局長私樓土地供應是否已到山窮水盡的地步。
Deputy President even if we fail to receive a reply from the authorities today it does not matter; I will pursue with the Secretary for Development the question of whether the private housing land supply is on the verge of exhaustion
我期待局長可以付出更多努力，我們亦會繼續努力再努力，一同面對香港的深層次矛盾問題。
I hope the Secretary will make more efforts . We will also make continuous efforts to resolve the deep - rooted conflicts in Hong Kong together
代理主席，我發言支持《2021年撥款條例草案》二讀。
Deputy President I speak in support of the Second Reading of the Appropriation Bill 2021
財政司司長陳茂波在今年的財政預算案諮詢宣傳片中打扮成廚師，立即有人想到，政府去年和今年均面對嚴重財赤，即使有再好的廚師，也只能"限米煮限飯"；亦有人擔心司長下廚，最終會否變成"阿茂整餅，冇嗰樣整嗰樣"？
Financial Secretary FS Paul CHAN dressed up as a chef in the publicity videos for Budget consultation this year . Some people immediately have the thought that in the face of severe fiscal deficits this year and the year before even the best chef of the Government can only prepare meals with limited ingredients . Some people even worried whether FS as a chef would turn out to be Ah Mo making cakes ie
事實上，正如我在預算案公布後指出，在香港經濟深受"黑暴"和疫情打擊出現嚴重衰退，以及在去年破紀錄的2,500多億元財赤的情況下，我認為"財爺"做到"限米煮好飯"，同舟渡難關，並按照"應使則使"及"能者多付"的原則，提出了多項"穩經濟、創就業、紓民困"及為庫房開源節流的措施。
making new shapes out of none . In fact as I said after the Budget was announced while there was a serious economic recession under the impacts of black - clad violence the epidemic and a record - breaking fiscal deficit of more than 250 billion last year I think FS manages to prepare good meals with limited ingredients to help tide over difficulties together . And following the principles of spending appropriately and more contributions by the capable ones he has put forward a number of measures to stabilize the economy create employment opportunities and relieve peoples burden as well as broaden sources of income and cut expenditures
按照"應使則使"的原則，政府回應了我與建築、測量、都市規劃及園境業界的意見，承諾維持每年超過1,000億元基建投資，藉此刺激經濟，創造就業。
Under the principle of spending appropriately the Government has responded to the views expressed by the architectural surveying town planning and landscape sectors and me and undertook to maintain more than 100 billion of infrastructure investment each year so as to stimulate the economy and create jobs
政府亦預留5億5,000萬元優化郊野公園設施、改善10條熱門行山徑，以及進行多項文化、康體、醫健、環保及地區民生建設，促使香港成為更健康、更宜居的城市。
The Government has also earmarked 550 million to optimize country park facilities improve 10 popular hiking trails and carry out a number of cultural recreational health environmental protection and community - based livelihood projects to help Hong Kong become a healthier and more liveable city
新冠疫情凸顯香港不少樓宇老化及渠管播毒的問題，政府亦採納了我與業界的另一項建議，在預算案預留10億元，資助超過3,000幢舊樓維修渠管，並會主動為"三無大廈"進行相關工程。
The COVID - 19 epidemic situation has highlighted the problems of ageing buildings and the spreading of virus by drainage pipes . The Government thus adopted another proposal put forward by the industry and I to earmark 1 billion in the Budget to provide subsidies for owners of more than 3 000 old buildings to carry out drainage repair works . It will also take the initiative to carry out the works concerned for the three - nil buildings
隨着傳染能力更強的變種病毒疑似殺入社區，我希望有關工作可以加快，這樣做亦會有助增加建造業界的工作和就業機會，緩解他們現時面對的高失業率，實在一舉多得。
With the suspected spread of more infectious mutant strains in the community I hope that the relevant work can be expedited . This will also help increase jobs and employment opportunities in the construction industry and ameliorate the high unemployment rate in the industry thereby achieving multi - faceted effect
在紓解民困方面，今年預算案在"限米"下仍然保留多項針對個人和企業的紓緩措施，包括繼續提供薪俸稅、利得稅及差餉寬減；向住宅用戶提供1,000元電費補貼；調高中小企融資擔保計劃的貸款額及延長還款期限等。
In alleviating peoples hardship the Budget of this year manages to retain a number of relief measures targeting at individuals and businesses though there are limited ingredients . For instance it continues to provide salaries tax profits tax and rates concessions; grant each residential electricity account a subsidy of 1,000; raise the loan ceiling of the SME Financing Guarantee Scheme and extend the repayment period
預算案的新措施是派發5,000元電子消費券，但要等到暑假才推出。
A new measure in the Budget is the issuance of electronic consumption vouchers with a total value of 5,000 but the scheme will only be rolled out in this summer vacation
相關工作同樣要加快，還要盡量簡化登記和使用程序，方便消費者和商戶。
The related work should likewise be expedited and the procedures for registration and use should also be streamlined as far as possible for the convenience of consumers and shop operators
由於前者交由銀行處理，所以本月便能落實。
As the work of the former scheme has been assigned to banks it can be implemented this month
這是否反映政府與私人企業在工作效率上存在差異？
Does this reflect a difference in efficiency between the Government and private enterprises?
至於開創臨時職位，我與業界均大力支持，市民有工開便自然有錢消費，不用靠政府"派錢"及派消費券。
The industry and I strongly support the creation of time - limited jobs . When people are employed they will naturally have money to spend and they do not need to rely on the Governments cash handouts and consumption vouchers
政府早前因應我和業界要求，透過防疫抗疫基金，資助私人企業聘請建測規園界的畢業生和助理專業人員，去年協助多達1,400名年輕業界人士。
The Government has previously responded to the requests of the industry and I to subsidize through the Anti - epidemic Fund private enterprises for the employment of graduates and assistant professionals in the architectural surveying town planning and landscape sectors . Last year the Government assisted 1 400 young practitioners in the sectors
我希望這些臨時職位能幫助今年畢業並準備考取專業資格的年輕業界人士，讓他們不會因畢業而變成失業，失去接受培訓成為專業人士的機會。
I hope that these time - limited jobs can help young practitioners who are graduating this year and are preparing to obtain professional qualifications so that they will not be unemployed upon graduation or miss the opportunity to receive training to become professionals
在開源方面，預算案亦採納了我的建議，適度調高股票交易印花稅及汽車首次登記稅。
As to broadening revenue sources the Budget has also adopted my proposal of moderately raising the rate of stamp duty on stock transfers stamp duty and the first registration tax on private cars
代理主席，從來沒有人歡迎加稅，亦不存在哪個時間適宜加稅或哪個時間加稅沒那麼好，所以我希望受影響的人士和業界能夠理解。
Deputy President tax increase has never been welcomed and it is not a question of whether the time is appropriate for tax increase . I therefore beg for the understanding of the affected people and industries
在提振經濟方面，預算案強調香港要把握世界經濟重心"西向東移"的大變局，發揮"一國兩制"的優勢，善用祖國的發展機遇，聚焦發展金融服務及創新科技等產業。
This is consistent with the principle of more contributions by the capable ones and the overall interests of Hong Kong which I have always advocated . In regard to boosting the economy the Budget emphasizes that Hong Kong must grasp the major changes in the world when the economic gravity is shifting from West to East; give full play to the advantages of one country two systems; make good use of the development opportunities of the Motherland and focus on the development of the financial services industry and the innovation and technology industry
預算案亦提出多項措施，協助香港建造業界培訓人才、管理成本、提升效益，以及推動工務工程數碼化等。
The Budget also proposes a number of measures to assist the construction industry of Hong Kong to train up talents manage costs enhance efficiency and promote digitalization of public works
我認為有關發展方向絕對正確，但政府必須說得出、做得到，並且要做得快、做得好。
I think the development direction is definitely right but the Government must live up to its words and expeditiously get the job done properly
代理主席，我剛才發言時多次要求政府加快工作。
Deputy President I have repeatedly asked the Government to expedite its work when I spoke a while ago
事實上，政府過去數年提出了不少良好的政策和措施，但在執行方面卻給人"慢幾拍"的感覺，遲遲未能落實或在落實時已經"變形"、"走樣"，很多計劃也有"議而不決、決而不行、行而不果"的毛病。
The Government did propose many commendable policies and measures in the past few years but people still have an impression that it was slow in implementation or the policies and measures had been deformed and distorted in the course of implementation . Worse still many projects have the problem of deliberation without decision; decision without action; and action without effect
例如，有些基建工程拖延了七八年，有時甚至超過10年，還是停留在研究、規劃和諮詢階段，這樣市民又怎會滿意呢？
For example some infrastructure projects have been delayed for seven or eight years or they remain at the stage of study planning and consultation after more than a decade . How can the public be satisfied?
我在先前的施政報告致謝議案辯論時曾提及有關的問題，每當議員追問政府的工作進度，官員往往在答覆時表示正在進行、會盡快做及會壓縮時間，但缺乏清晰的工作時間表和指標。
I touched upon the relevant matters at the previous Motion of Thanks debate in respect of the Policy Address . When Members asked about the progress government officials often replied that the work was in progress and would be expeditiously implemented with shortened lead time but they failed to provide clear schedules and indicators
數年後，有關官員可能已調職或退休，屆時市民可以向甚麼人追究、追問呢？
A few years later the officials concerned might have been transferred or retired who would be held accountable to the public then?
政策政出多門、部門各自為 政、官員遇難避事的例子很多，而有關問題在近年"黑暴"及疫情下更表露無遺。
There is a myriad of government policies and departments are doing things their own ways . In many instances government officials were evasive in the face of difficulties which had been fully exposed during the black - clad violence and the epidemic in recent years
我發覺最近在這方面有所改善，但最重要的是拿出事實，告訴市民政府在這方面有很大改變，這樣才能得民心。
I found that there have recently been improvements in this regard but the most important of all is to prove to the public with facts that the Government has made major changes in this respect . Only in so doing can the Government win peoples hearts
針對香港近年出現的違法"黑暴"及政治亂象，中央政府使出"連環法律組合拳"，透過《香港國安法》為香港止暴制亂，令社會由亂到治。
In light of the illegal black - clad violence and political chaos in Hong Kong in recent years the Central Government has thrown combination punches by introducing a package of legal measures . It seeks to stop violence and curb disorder in Hong Kong through the National Security Law and bring our society from chaos to governance
透過人大《決定》完善香港選舉制度，為特區政制發展堵塞漏洞、撥亂反正。
It also seeks to improve the Hong Kong electoral system through the Decision of the National Peoples Congress by plugging the loopholes for constitutional development of the SAR so as to bring order out of chaos
但是，如果不對香港的官僚體系進行根本改革，以提高效率及加強問責；又如果香港的土地房屋問題繼續無法得到解決，市民的生活質素未能得到改善，政府的認受性和支持度始終難以提升，甚至會影響香港的繁榮穩定、長治久安。
However a failure to carry out fundamental reform to our bureaucratic system to enhance efficiency and strengthen accountability or a failure to resolve the outstanding land and housing problems would leave the quality of peoples living remain unchanged . In that case acceptance and support of the Government can hardly be enhanced and the prosperity long - term peace and stability of Hong Kong will also be undermined
對於這些問題，我們絕對不能掉以輕心。
These issues must not be taken too lightly
主席，民建聯對於財政司司長在本年度財政預算案的回應是"提振經濟，有所承擔，支援失業，仍有不足"。
President DABs response to the Budget delivered by the Financial Secretary FS this year is It is committed to stimulating the economy but deficient in unemployment support
我們認為，在財政赤字高企下，司長仍然願意推出多項紓解民困、刺激消費和支援中小企的措施，例如5,000元電子消費券等，反映政府聽到民間聲音並作出回應。
We opine that given a high fiscal deficit FS is still willing to introduce a number of measures to ease peoples burden stimulate consumption and support small and medium enterprises such as issuing electronic consumption vouchers with a total value of 5,000 this reflects that the Government has heard peoples voices and responded to them
在應對疫情和提振經濟方面，我認為預算案稱得上有擔當。
In view of the endeavours made to fight the epidemic and boost the economy I think that the Budget exhibits a responsible attitude
在作出總體評價後，我會就預算案的數個重點發言。
After making this general comment I am going to speak on a few key points of the Budget
第一，有關電子消費券，司長宣布政府在本財政年度錄得破紀錄的2,000多億元財政赤字，財政儲備大減，令人關注預算案如何既可振興受新冠疫情拖累的本地經濟，同時確保公共財政穩健。
First regarding the electronic consumption vouchers FS announced that the Government has recorded a record high fiscal deficit of more than 200 billion this financial year with a considerable reduction in its fiscal reserves which has aroused concern over how the Budget can revive the pandemic - stricken economy while ensuring the health of public finances
在預算案中，司長提出嶄新措施，向市民派發消費券以振興本地經濟。
FS proposes a brand - new measure in the Budget to issue consumption vouchers to the public to revitalize the local economy
雖然消費券計劃在香港屬新嘗試，但其他若干亞洲經濟體早已推出類似計劃，向民眾一筆過派發消費券，甚至容許他們將消費券轉予他人使用。
While the consumption voucher scheme is a new attempt in Hong Kong some other Asian economies have already launched similar schemes and disburse consumption vouchers to the people in one go . They even allowed their people to transfer the consumption vouchers to others for their consumption
此外，各地也有一些派發消費券的優化安排，以惠及低收入群組、深受疫情打擊的相關行業和中小企，以及用於進口成分較低的商品。
Furthermore enhanced arrangements have been made in the disbursement of consumption vouchers to benefit low - income groups pandemic - stricken industries and small and medium enterprises as well as commodities with fewer imported contents
不過，行政安排往往是特區政府政策效果的緊箍咒。
However administrative arrangements are often the magic spells undermining the effects of the SAR Governments policies
據最近報道所述，特區政府現時的目標是在暑假才開始登記；市民只是登記，而不是收到消費券。
According to recent reports the SAR Government aims at starting registration during the summer vacation and members of the public will only register for the scheme but not receive the consumption vouchers then
回顧特區政府過去多次"派糖"，每次市民在消息公布時均感到興高采烈，但到後來收到"糖"的時候，很多市民已變得冷淡和平靜。
Looking back at the SAR Governments repeated endeavours to hand out candies in the past people were always elated when such news was announced . However by the time when the candies were received they had become indifferent and calm
政 府做了工夫，錢也花了，但卻失去取得政策效果的時機，市民甚至沒有半句多謝。
The Government did make efforts and spend money but it missed the opportunity to enjoy the policy effects and people had not even displayed the slightest attitude
特區政府可能會說，我們做事並非為了掌聲，這種態度固然沒錯，但如果香港庫房開倉派米不是因為庫房"水浸"，而是出現了民不聊生的災情，那麼賑災的時間便是決定政策成敗的關鍵。
The SAR Government may say that they did not hand out candies to win applause . There is nothing wrong with this kind of attitude . However if the Treasury doled out money not because it is flooded with cash but to help people affected by a disaster then the timing of the disaster relief will be a crucial factor determining the success or failure of a policy
預算案另一項嶄新之舉，是向失業人士提供由政府擔保的個人貸款。
Another new initiative in the Budget is to offer unemployed people personal loans with the Governments guarantee commitment
其實，一些發達國家早已宣布或推出類似計劃，例如日本的相關個人貸款計劃，不單支援失業人士，更惠及低收入家庭，以及在新冠疫情期間收入銳減的家庭。
In fact some developed countries have already announced or launched similar schemes eg . a relevant personal loan scheme introduced in Japan does not only support the unemployed but also benefit low - income families and households whose income dropped significantly during the COVID - 19 epidemic
如借款人或家庭須償還貸款時，收入仍持續減少，甚至可獲豁免償還貸款。
If the income of borrowers or households keeps dropping when repayment has to be made they may even be exempted from loan repayment
我衷心希望特區政府能夠幫助有真正需要的市民，並能杜絕幫助根本不需要幫助的市民。
I sincerely hope that the SAR Government can help people who have genuine need and stop helping those who are basically not in need of help
千萬不要像先前的防疫抗疫基金那樣，有數以億元計公帑不是用於"保就業"，而是用於"保股息"、"保花紅"。
The Government should not repeat the mistakes made in the previous Anti - epidemic Fund whereby hundreds of millions of public funds were not used to support employment but to guarantee dividends and bonuses
此外，我想談談有關港人福利的限制條件。
In addition I would like to talk about the restrictions on the social security allowance for Hong Kong people
我明白當局設立這個離港日數的原意，是對那些不再通常在港居住，也可以說與香港生活及各項政策沒有連繫的人士，不應再享受香港的福利，我絕對認同。
I understand that the original intention of the authorities in specifying the permissible limit of absence from Hong Kong is to stop people who no longer usually reside in Hong Kong or do not have ties with life and various policies in Hong Kong from enjoying any welfare benefits provided by Hong Kong . I absolutely agree with this
對於已經移居海外的港人，既然他們已經離開香港及祖國，固然不應享受香港的福利。
Since Hong Kong people who are residing overseas have already left Hong Kong and the Motherland they should certainly not enjoy any welfare benefits provided by Hong Kong
然而，當特區大力推動大灣區融合，我們的長者也響應呼籲，多到內地走走的時候，特區政府的福利政策仍然抱殘守缺，緊守這個離港寬限期的金剛圈、緊箍咒，究竟是要捍衞甚麼政策目的呢？
Nonetheless when the SAR vigorously promotes integration with the Greater Bay Area the elderly persons in Hong Kong have responded to the appeal and visited the Mainland more often but the welfare policy of the SAR Government still sticks to the old rut and fails to break the magic spell of permissible limit of absence from Hong Kong . What policy objectives does it seek to defend?
特區官員可能會認為現已推出廣東計劃，讓選擇移居廣東省的長者無須返港，也可以在內地領取長者津貼，解決了離港寬限期的問題。
SAR officials may think that with the implementation of the Guangdong Scheme elderly people who choose to reside in Guangdong can receive the allowances for the elderly in the Mainland without returning to Hong Kong . Thus the problem relating to the permissible limit of absence from Hong Kong has been addressed
可是，我認為這個解釋有點牽強。
I nonetheless find this explanation a bit far - fetched
我現在說的是在一國之內生活的長者，不論他們是否已移居廣東省或只是經常往返內地消費娛樂、 遊走祖國大地，體驗各處風土人情。
I am talking about the elderly living within one country regardless of whether they have moved to reside in Guangdong; frequently travel to and from the Mainland for consumption and entertainment or travel to various parts of the motherland to experience local customs and practices
為何要求他們領取福利時須受離港期限制呢？
Why are they required to meet the requirement of the permissible limit of absence from Hong Kong in order to receive welfare benefits?
為何特區政府要強迫長者選擇，要不放棄在香港領取津貼，要不申請廣東計劃才可以繼續領取津貼？
Why does the SAR Government force the elderly to choose either to give up receiving the allowances in Hong Kong or apply for the Guangdong Scheme in order to continue to receive the benefits?
這對長者造成不必要的限制。
This imposes unnecessary restrictions on the elderly
如果一項政策根本不應存在便乾脆取消，而不是東拉西扯、堆砌理由、一切奉旨照舊、含混過關了事。
A policy should be abolished if there is downright no need to exist . There is no point of making up excuses playing the old tunes and muddling through
我們不能再沒有國家觀念，將適用於外國的政策限制，無差別地全部適用於內地。
It is time for us to gain a sense of national identity and stop indiscriminately applying policy restrictions applicable to foreign countries to the Mainland
這種"劃港為牢"的制訂政策思維，既無視有些港人頻繁往返內地的需要，亦不符合特區政府鼓勵港人融入國家發展規劃。
This policy - making mentality of drawing Hong Kong as a prison neglects the need of some Hong Kong people to travel frequently to and from the Mainland and fails to dovetail with the SAR Governments attempts to encourage Hong Kong people to integrate into the overall development of the country
我期望特區政府官員調整制訂政策的心態，必須保持國家觀念，同時亦應盡快進行檢討，不再對經常往返內地的長者設離港期限......
I hope the SAR Government officials will adjust their policy - making mentality; preserve their sense of national identity and expeditiously conduct a review to remove the permissible limit of absence from Hong Kong for elderly persons who often travel to and from the Mainland
主席，為應對疫情，政府去年一改吝嗇守財形象，大舉開倉，實屬難能可貴，財政赤字也因而高達2,576億元，創下歷史新高。
President in response to the epidemic the Government changed its miserly and penny - pinching image and opened the coffers last year which is commendable . As a result the fiscal deficit has reached a historic high of 257.6 billion
財政預算案發表前，陳茂波司長在諮詢期間以廚師形象徵詢公眾意見。
Before announcing the Budget Financial Secretary FS Paul CHAN dressed up as a chef to seek public views during the consultation period
但是，700多萬名市民有千萬種不同的口味，相信 預算案難以一一滿足各人的需求，而且坊間對繼續"派糖"期望甚殷，我相信在預算案公布後仍有部分市民感到相當失望。
However since over 7 million people have countless different tastes it is believed that the Budget can hardly satisfy the needs of everyone . Besides there were strong public expectations for the Government to continue to hand out candies . I believe some people did feel very disappointed after the announcement of the Budget
今年的預算案預計再度出現千億元以上的赤字，財政司司長亦接納了議員的建議，不再沿用多年來的"無差別派糖"方式，而是採用更多元化的紓困措施，同時致力保持香港的競爭力和鞏固優勢產業，這絕對值得肯定。
This years Budget once again forecasts a deficit of over a hundred billion dollars . Instead of continuing the long - standing practice of handing out candies indiscriminately FS has accepted Members suggestions and put forward a wide variety of relief measures while endeavouring to maintain Hong Kongs competitiveness and consolidate our pillar industries . These efforts should definitely be acknowledged
所以，我支持這份預算案。
Therefore I support this Budget
以下我會先談預算案內有關金融業的一些舉措。
In the following I will first talk about some initiatives relating to the financial industry in the Budget
主席，金融業是香港最具競爭力的行業之一，過去20年，其增加值的年均實質增長為6.8%，較香港GDP的增速快一倍。
President the financial industry is one of the most competitive industries in Hong Kong . Over the past two decades the actual annual increase in the value - added of the industry has averaged 6.8 % which doubles the growth rate of Hong Kongs Gross Domestic Product GDP
過去兩年，儘管反修例"黑暴"事件、中美貿易摩擦，美國實施金融制裁的威脅及新冠疫情令香港經濟陷入深度衰退，但金融市場仍正常運作，並且展現一定的抗衝擊性和韌性，再次證明香港長期發展金融業所積累的優勢。
In the past two years Hong Kongs economy has been mired in a deep recession due to the black - clad violence incidents arising from the opposition to the proposed legislative amendments the Sino - United States US trade conflicts USs threat of financial sanctions and the COVID - 19 epidemic . However our financial market has been operating normally and has demonstrated some resistance and resilience to the impacts which once again shows the strengths Hong Kong has derived from developing the financial industry for a long time
所以，關於如何進一步鞏固及提升香港作為國際金融中心的地位，預算案着墨甚多，就發展債券市場和證券市場，以及資產及財富管理等多個範疇均提出不同的措施。
Therefore the Budget makes considerable mention of the ways to further reinforce and enhance Hong Kongs status as an international financial centre and proposes various measures in a number of areas ranging from the development of the bond market and securities market to asset and wealth management
首先，關於推動債券市場的多元化發展，若按目前的發行規模計算，香港是亞洲第三大以當地貨幣計價的債券發行地。
First of all on promoting the diversified development of the bond market Hong Kongs bond market is currently the third largest in Asia ex‑Japan in terms of issuance in local currency