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. No other region or city in China, or elsewhere for that matter, has the kind of high global profile and the scope of responsibility that this one does. Accordingly, Hong Kong's present government is in the process of setting precedents, of working out exactly what its high level of autonomy is going to mean in concrete terms.