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2015 Policy Address by Chief Executive CY Leung

Following is an excerpt of the 2015 Policy Address of Chief Executive CY Leung – Uphold the Rule of Law, Seize the Opportunities, Make the Right Choices, Pursue Democracy, Boost the Economy, Improve People’s Livelihood – by the Chief Executive, Mr C Y Leung, in the Legislative Council on January 14, 2015:

Mr President, Honourable Members and fellow citizens,

I. Introduction

1. Democratic development and economic progress in Hong Kong present a host of opportunities, but there are choices we have to make. On constitutional development, we have to choose between implementing universal suffrage and a standstill; on the economy, between progress and stagnation; and on people’s livelihood, between reforms and clinging to the status quo.

2. Hong Kong is a society that upholds the rule of law. Provided we act in accordance with the law, capitalise on our opportunities and make choices with courage, we will be able to pursue democracy, boost the economy and improve people’s livelihood.

3. On economic development, Hong Kong is blessed with the unique advantages of both « One Country » and « Two Systems ». As part of China, we benefit from the rapid development of and enjoy preferential treatments from our country; at the same time, we benefit from having a system that is different from other Mainland cities. By capitalising on these advantages, not only can we expedite our growth, but we also continue to expand our existing lead industries and foster new industries to meet the development needs of the Mainland and abroad. Through the diversification of our industries, we can create a more prosperous economy that provides our young people with the opportunity to put what they have learnt to good use and allow all to realise their potential.

Click on the link below to read the full transcript