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Chiu Sin Chun critized the budget plan: “It is rigid.”

出自香港新聞網 - 樹仁新傳系學生實習習作

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4th March 2014 reported by Poon Man Ting

NOW business program co-host Chiu Sin-chun commenting on the Budget plan released last Wednesday. Chiu said the budget plan is rigid and inflexible, and cannot suit most people’s needs.

He also criticized the budget plan only mention our goal is to raise the competitiveness of Hong Kong, without suggesting specific proposal.

Chiu said Hong Kong government should minimize the intervention to the market, which may damage the reputation of Hong Kong as a “free port”. He said for example, Hong Kong’ reputation and the competiveness will be harmed by the tough quota on infant milk powder.

Chiu suggest Hong Kong government should review the linked exchange rate system, otherwise the economy will become worse and the talents will leave Hong Kong for Mainland.

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