Policy Address

Mr President,

A.        Introduction

1.         Just before I delivered my Policy Address last year, the credit crisis in the United States (US) had broken out and created the financial tsunami that swept the entire world. For the people of Hong Kong, this past year has been extraordinary.

Economic Crisis

2.         I noted in my previous Policy Address that Hong Kong people should stand united to vigorously pursue economic development and seize opportunities while coping with the crisis.  Now, a year later, I can say that Hong Kong people have done a great job in keeping the ship afloat during this economic storm of the century.

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