..

-6-

act as a dynamo for further wealth creation, not just in Hong

Kong but in Guandong, and more widely in Southern China.

will confirm our place at the crossroads of the Asian

economy.

It

To retain our economic strength, we also have to attend

to more parochial but important concerns. We have, for

example, to continue to battle against inflation.

When the

public express anxiety about the rate of inflation, they are

wholly right to do so.

Inflation is a cunning enemy,

enemy we ignore at our peril.

Thirdly, it is essential that we remain a low tax

economy in which public spending is kept under prudent

as a cohey we

I know

control. But it is right that we should be free to use some

unetty of com Sellow citizens of the wealth we generate to help those who fall by the

wayside and to make our society ever more civilised.

how much this community cares about the education of our

children, about the care of the elderly, about housing, about

the disabled, and about the environment in which we live.

My government will attach to these issues the priority they

deserve. I look forward to saying more about them in my

speech to the Legislative Council in October.

Fourth, I know how much concern has been expressed in

the community about law and order. Hong Kong, it is true,

is a safer city than most. Yet that is little comfort to

the businesses that have been robbed or, worse still, to

those families who have been the victims of violent crime.

CP1AKL

Share This Page