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  • April 21, 2014
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  1. Comment - Insight & Opinion - LEADER

    Removing chains on deposit rates will free capital for more efficient use

    Posted Mar 16th 2014, 03:33am by SCMP Editorial

    ... SCMP Editorial Rates unchained will free capital The sweeping structural economic change foreshadowed by Premier Li Keqiang in his work report to the National People's Congress calls for efficient allocation of resources, particularly credit. Key to that is interest-rate reform, a goal set by the government under the 12th five-year plan for 2011-2015. It is good, therefore, ...

  2. Comment - Insight & Opinion - LEADER

    China should lower taxes, not increase spending, to spur growth

    Posted Apr 17th 2014, 04:33am by SCMP Editorial

    ... has already advanced the cause of structural reform by widening the trading band of the yuan and putting a time frame on liberalisation of deposit rates. The National Bureau of Statistics said ... for the government to consider income tax relief for individuals, both by reducing progressive rates and raising the income exemption level. ...

  3. Comment - Insight & Opinion - LEADER

    Information is key to wise population policy vision

    Posted Feb 08th 2013, 12:00am by SCMP Editorial

    ... SCMP Editorial Information key to policy vision Government inertia is never a good idea when it comes to population and planning. This has to be especially so for Hong Kong, where fertility rates are among the lowest in the world, society is ageing fast and the workforce is shrinking. But despite the necessity to have forward-looking policies in place to ensure smooth growth ...

  4. Comment - Insight & Opinion - LEADER

    The devil is in the detail of China's urbanisation blueprint

    Posted Mar 31st 2014, 04:09am by SCMP Editorial

    ... SCMP Editorial Devil in detail of urbanisation plan China's long-awaited urbanisation blueprint raises the proportion of urban residents from about 54 per cent of the population to 60 per cent by 2020. This will still lag urbanisation rates in developed countries. But moving about 100 million people from rural areas into tier-two and three cities and giving them urban ...

  5. Comment - Insight & Opinion - LEADER

    Education vital to cut cancer rates

    Posted Feb 13th 2014, 03:54am by SCMP Editorial

    ... SCMP Editorial Education vital to cut cancer rates The global rise of cancer to rival cardiovascular disease as a killer has prompted World Health Organisation director-general Dr Margaret Chan Fung Fu-chun to observe that cancers are now coming from two vastly different worlds. Those associated with the world of poverty, including infection-related cancers, remain common. ...

  6. Comment - Insight & Opinion - LEADER

    Step up the battle against money laundering

    Posted Mar 10th 2014, 02:47am by SCMP Editorial

    ... experienced money laundering in the past two years, compared with the global average of 11 per cent. Our rate is also the highest in Asia, though trailing behind countries such as Britain, South ...

  7. Comment - Insight & Opinion - LEADER

    Hong Kong needs to make hard choices on population policy

    Posted Oct 26th 2013, 12:21am by SCMP Editorial

    ... apart from previous ones is its breadth and depth. From low fertility rates to an ageing society, from labour importation to upward social mobility, from cross-border integration to recruiting ... with dozens of questions. For example, life expectancy is expected to rise while the birth rate dips further. By 2041, about one-third of the population will be elderly, which means two adults ...

  8. Comment - Insight & Opinion - LEADER

    This time it looks like Beijing is serious about tackling smog

    Posted Mar 06th 2014, 04:08am by SCMP Editorial

    ... SCMP Editorial The war on smog gets serious China's leaders have for some time signalled that their focus for development is quality of life rather than pace of growth. The unchanged economic expansion rate of 7.5 per cent forecast in the government's annual work report is in line with this aim. But Premier Li Keqiang pulled a surprise by making the war on pollution ...

  9. Comment - Insight & Opinion - LEADER

    Now all John Tsang has to do is come up with a long-term fiscal plan

    Posted Feb 27th 2014, 04:06am by SCMP Editorial

    ... does not taste as sweet as in previous years. Waivers of public housing rents and property rates have been halved, while there will be no more electricity subsidy. It would not be surprising ...

  10. Comment - Insight & Opinion - LEADER

    Hong Kong must back Disneyland's expansion plans

    Posted Feb 21st 2014, 03:57am by SCMP Editorial

    ... Visitors from the mainland jumped 15 per cent and accounted for nearly half of the park's attendance. Occupancy rates for the two hotels reached 94 per cent. Business has been so good that one ...




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