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      <description>[Sponsored article]
With a combined population of over 69 million and a GDP of 1.53 trillion as of the end of 2017, the Greater Bay Area (GBA) represents a significant opportunity to shape the future of the Pearl River Delta region.
 
By 2022, the framework for an international first-class GBA and world-class city cluster will have been formed, leading to a more interconnected Pearl River Delta region, as highlighted by China’s recent Outline Development Plan for the Guangdong-Hong Kong-Macao...</description>
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      <pubDate>Thu, 28 Feb 2019 08:14:38 +0000</pubDate>
      <title>Shaping the future of the Pearl River Delta</title>
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      <description>In her manifesto for the election, Chief Executive Carrie Lam Cheng Yuet-ngor proposed a competitive new direction for tax policies to strategically support economic growth. Her maiden policy address echoed this new direction, announcing two important tax measures: a two-tiered profits tax and a super-deduction for research and development expenditures.
It is indeed timely to examine Hong Kong’s tax policy. Traditionally, Hong Kong has adhered to two principles for its tax system – a low tax...</description>
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      <title>Tax reform in Hong Kong can drive new engines of economic growth</title>
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      <description>The National People's Congress Standing Committee has sketched out a broad framework for the election of Hong Kong's chief executive by universal suffrage in 2017. Many among us are disappointed that the framework is not more flexible. However, it is still an important step forward. The alternative is to continue the election of our leader by the Election Committee, which no one wants to see happen.
Waiting until 2022 to implement the chief executive election by universal suffrage would not...</description>
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      <description>The National People's Congress Standing Committee decision on political reform completed step two of the five-step process required to amend the method for the selection of Hong Kong's chief executive. It is a significant step forward in the city's democratic development.
The guiding principles laid down in the decision comply fully with the Basic Law and the Standing Committee's relevant decisions. They are also consistent with the gradual and orderly progress of democratic development in Hong...</description>
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