Leung endorses proactive approach to boosting growth
Leung abandons the 'small government' style of his predecessor on economic development

In a departure from his predecessor's small-government style, Chief Executive Leung Chun-ying said yesterday he had been taking an "appropriately proactive" approach to boosting economic growth.
In his policy address, Leung also vowed to push for greater economic integration with the mainland and disclosed that a government-appointed commission would study removing education and medicine from the six industries named by Donald Tsang Yam-kuen as key areas for development.
"To promote economic development, the government must be appropriately proactive," Leung said, echoing his election platform. "In cases of market failure, the government must take appropriate action to address the problem." In Tsang's seven-year rule, the government stressed a "big market, small government" policy.
Leung said the administration had acted "in a proactive manner" in the past six months, citing the policy of "Hong Kong property for Hong Kong people" to give priority to the needs of local homebuyers over non-locals.
"We must deepen and expand our industries," Leung said.
A government source explained that the administration would "act as a facilitator and enabler in the market", adding that the approach should not affect foreign investors' confidence.