John Timpany
John Timpany is a Hong Kong-based partner at KPMG China

In the latest budget, the financial secretary says he is bringing the tax policy unit under his office’s control. The government has become more hands-on in using tax and related measures to encourage economic and social development.

The investment in innovation and technology in the 2018 budget is a positive step by funding space for hi-tech businesses and the recruitment and training of talent.