Setting up a fund to help underprivileged schoolchildren take part in extracurricular activities was not the best way to promote child development, a taskforce under the Poverty Commission decided yesterday. A proposal to set up a child development fund was put on hold following the sixth meeting of the taskforce on children and youth. Its chairwoman, Philemon Choi Yuen-wan, said: 'There is a big difference between the child development fund model practised in some overseas countries, and what is being proposed by some in Hong Kong.' 'We do not believe setting up another new fund in Hong Kong to give out additional money for participating in extracurricular activities is the best way forward,' Dr Choi said. She said child development policies should take into account the needs and situations of underprivileged families. Taskforce members noted that overseas models adopted an 'asset-building approach' and aimed to promote long-term saving and investment for child development. Rather than giving underprivileged children material support, Dr Choi said the taskforce had decided in the short term to further strengthen family support programmes to help high-risk children and their families. Another step would be to draw reference from the successes of programmes run by non-governmental organisations which focus on enhancing the capacity and resilience of children, Dr Choi said.