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Carrie Lam policy address 2017i

Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor delivers her maiden policy address on October 11, 2017.

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  • Proposal released ahead of opening of city’s first district health centre in Kwai Tsing in two weeks
  • More than half of population went without a family doctor and over 60 per cent did not have regular health check-up in 2014/15, official data shows
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Stanford, Massachusetts Institute of Technology, Johns Hopkins University and Waterloo University want to form a consortium in the city to engage in biotechnology R&D, source says – but hurdles remain

The chief executive has her heart in the right place on greater youth representation, but navigating the dominant power dynamics would bring its own risks for the 11 young people who make the cut.

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The Central Policy Unit will be turned into an outfit that coordinates efforts across different bureaus to serve a common goal – how to steer Hong Kong towards greater growth and development

While the initiatives announced may have some positive effect, none really tackles the major problems Hong Kong faces in housing, urban planning, environmental management and technological development. Nor do they spur economic innovation

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As global tax rates fall, Hong Kong’s traditional advantages are eroding. Tax policies should be used to encourage sectors where the economy has room to expand.

The chief executive’s modest proposals in her policy address will not break the bank, but that is probably because they are far from adequate in meeting the challenges of a fast-ageing society.

The chief executive’s focus on home ownership risks favouring the better-off middle class, thus creating divisions in society, and raises concern about possible concessions to developers.

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