【Video】CY Leung: HK has to pick the right targets, to bring in higher value-addedness to local and mainland economy

Leung Chun-ying, Vice-chairman of the National Committee of the Chinese People’s Political Consultative Conference, said: In strategising, strategising what Hong Kong should do and how we do it, in the face of the huge opportunities offered to us. By the rapid developments on the Mainland is the fact that we are small, despite the fact that we are relatively well developed, and the Mainland is huge, and therefore we need to pick our targets. So it’s a question of scanning 

the landscape on the Mainland, and find out what sectors are there, and what locations are there, where Hong Kong could be of help, and in the end the target must be not just high level, high quality development, but in the process of bringing in a higher value-addedness to the economy, and therefore higher per capita income for the people in Hong Kong, and also in the Mainland.


He added: In terms of the I.T. digital economy, we could also do, for example, foster the facilitation of the development of the data industry on the Mainland, by offering the help of our financial services sector. And I think the financial services sector in Hong Kong should take a good look at that prospective clientele. We could offer all kinds of financial services to them, so that they could use the capital that we raise in the Hong Kong financial market, for the further and better development.


CY mentioned: Hong Kong people somehow have this mental block, a reluctance to travel outside Hong Kong. I think they need to overcome their own personal and mental obstacle. They have to realise that the world outside Hong Kong does exist. And there’s a big world called the Mainland of China. And as far as the local people are concerned, we need to improve our language skills, not just English, but also Putonghua, not just spoken Putonghua, but also written language skills to make sure that we are an effective super-connector between the rest of the world and the rest of China.


Full version is available at: RTHK TV 32, Bridging Over.

https://www.rthk.hk/tv/dtt32/programme/bridgingover_eng



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