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    27 March 2017

    The FHKI Congratulates Carrie Lam on Being Elected the Fifth Chief Executive

    The Federation of Hong Kong Industries (FHKI) offers its sincere congratulations to Mrs Carrie Lam on her election success as the fifth Chief Executive of HKSAR. The FHKI will give its full support to her as the Chief Executive in serving the interest of Hong Kong people and administering Hong Kong in accordance with law, uniting the society, promoting local economies by creating more job openings, and improving citizens’ livelihood and living environment.

    FHKI Chairman Prof Daniel M Cheng says that during Mrs Lam’s election campaign, the FHKI calls for the next-term Government to proactively promote re-industrialisation, Industry 4.0, innovation and technology (I&T) as well as strengthening the competitive edge of local industries and fostering local startup development. The FHKI also calls upon the Government to step up its support for emerging I&T industries, micro-enterprises as well as small and medium-sized enterprises in public finance and tax policies, whilst it objects to any policies or measures that will distort the operation of an open market economy, especially policies that concerns human resources.

    "The FHKI hopes that in the coming term, the Government can formulate a comprehensive industry policy that will propel the development of I&T, design and high-end manufacturing industries in Hong Kong, so as to widen the economic base of Hong Kong and promote industry diversification, thereby strengthening Hong Kong’s competitiveness and creating abundant career opportunities for our young people,” Prof Cheng continues.

    Prof Cheng mentions that in light of the challenges currently faced by Hong Kong, the next-term Government shall elevate the city’s competitiveness in areas such as I&T, human resources and infrastructure by formulating related policies, reduce social disputes and discontent, promote co-operation between administration and legislature, transform challenges into opportunities and boost Hong Kong’s economy to new heights.
     
    He also reckons that the Government should further strengthen communications with the Mainland at all levels. The Guangdong and Hong Kong Governments should work together to avoid controversies caused by cultural and lifestyle differences between the two places that would affect the Guangdong-Hong Kong-Macau integration and economic and trade cooperation within the Greater Pearl River Delta Economic Zone.
     
    "We hope that the next-term Government will further assist Hong Kong enterprises to seize the business opportunities brought by the Belt and Road Initiative, the development of the Guangdong-Hong Kong-Macau Big Bay Area and the Lok Ma Chau Loop I&T Park, as well as to foster Hong Kong’s industrial and commercial development in areas such as manufacturing, sales and other economic domains”, Prof Cheng says.

    Prof Cheng also mentions that since environmental protection is now a “must-do” item on every government’s agenda, the next term of Government should be dedicated to developing Hong Kong into a low-carbon economy, improving the environment of the regions and building quality living area together with the Guangdong Province.

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