When we look at the practical issues identified by Chief Executive C. H. Tung in his recent policy address, we see that the factors he lists as important livelihood issues in Hong Kong are also necessary to maintain Hong Kong's international competitiveness. Those factors include the cost of housing, the availability of trained personnel, and the maintenance of a superior information infrastructure. We look forward to the progress towards his goals because they can make Hong Kong an even better place to do business in Asia. Underpinning Hong Kong's success as a business center are several very basic principles. These are the elements which have constituted Hong Kong's past strength.
Business comes here because contracts are fairly implemented.
Markets flourish efficiently because information flows freely. Government interference is low and creativity is fostered in a society of pluralism. The further development of these elements is the only conceivable foundation for a successful future. So here we are at the start of that new future. I know of.