BPA’s Response to the 2014 Policy Address
In his concluding remark for of the Policy Address, the Chief Executive stressed that it was “imperative to pursue people’s livelihood and the economy in tandem”. This is a belief that is, to a large extent, shared by the BPA. It is however disappointing to note that the reference to economic development is not sufficiently reflected in the contents of the Policy Address, namely, the strategies for economic development are fragmented and piecemeal while the needs of the middle class and SMEs, who are the major contributors to Hong Kong’s economy, have been overlooked.