The new century is a time of change, growth and opportunity, thanks to rapid advances in information and communications technologies. When information transcends geographical boundaries, crosses time zones and is instantaneously available at the press of a key, the question we need to ask ourselves is not whether, but how, to embrace the new information world. Since I assumed the post of the Secretary for Information Technology and Broadcasting in July this year, I have been seeking every opportunity to meet and exchange views with policy makers, regulators and representatives of the IT and communications industry, both here in Hong Kong and overseas. Let me take this opportunity to share with you some thoughts on what I think Hong Kong needs to focus on, in order to harness the opportunities ahead. Firstly, about the market.
Liberalisation is a common issue facing governments and business.
Most agree the key to success is to establish an open and competitive market for the IT and communications industries to flourish. But the question is how fast, and how governments can facilitate the process. In Hong Kong, we made an early start on liberalisation. We also took a major step in liberalising the television market by introducing new pay television services, which are expected to bring in over 100 television channels. Under our liberalisation policy, we are firmly committed to providing a level-playing field for both incumbent and new players.