AFF2014: Financial Secretary's Recipe for the Future
14 January 2014
Hong Kong remains competitive but should not be complacent, says John Tsang, Financial Secretary of the HKSAR. He says projections show Hong Kong's working population to the elderly has been drastically reduced, and expenditure on the elderly has to be weighed against the SAR's competitive environment of a low tax regime and simple tax structure. Stronger competitiveness relies on what Hong Kong does best and will include innovation and technology.