Government intervention make economic growth

出自香港新聞網 - 樹仁新傳系學生實習習作

Government intervention makes economic growth

Leung Chun Ying, the member of cum Convenor of the Executive Council in Hong Kong, calms that Hong Kong Government is not running non positive interventionism in the past, present and future. It is only the media exaggerated.

Leung said that non positive interventionism is not the government opinion in the past while he gives a speech to students on the topic of Hong Kong government’s role and the economy growth in Shue Yan University. He uses the western line and Southern line of MTR as an example. “If only consider the profit, these two lines would not be constructed. However, after considering the traffic problem of Hong Kong Island, this project could be done and subsided by government.” said Leung. It is a kind of government intervention. He thinks this intervention would and could not stop in the future. Without it, development of economic would be obstructed.

Leung said the competitiveness of China is upraising. “The foreign exchange reserve of China reaches 1,400 billion. China also has the large number of technical talent. China’s export trading has far more rises than Hong Kong’s.” He pointed that Hong Kong’s advantageous position on competition has been sliding down so that Hong Kong Government should concentrate capital and resources to develop in middle to long- term prospects.

Leung points that middle to long- term means 5 to 10 years. As Hong Kong government has power, capital and ability now, Leung suggests the government should help the poverty first. The government should also strengthen and cultivate the economic power in middle to long- term prospects. Besides, Hong Kong should not be convinced of market forces blindly as “it can grow economic but also eliminating Hong Kong economic.” said Leung.

--055088 2008年1月31日 (四) 22:56 (UTC)