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Joseph Wong Wing-ping

There are good points in this year's budget, John Tsang Chun-wah's seventh. First, in setting "competitiveness" as the theme, Tsang talks of three pillars that support Hong Kong's economic success: opportunities presented by the mainland, commitment to free market principles and our positioning as a world city. This message will help allay the concerns of some observers that Chief Executive Leung Chun-ying tends to be more northward looking and interventionist than his two predecessors.

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