TNAG-1397-FCO40-1869-Future-of-Hong-Kong-Basic-Law-1985 — Page 193

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2

Three Basic Policies

3.

a capitalistic society, the economic driving

force is the people and not the government.

Therefore the

first basic principle is that the government should allow

the people to go about their various economic activities to

the best of their ability. The less interference and

control the better.

4.

*

As it is private economic activity that creates

wealth, the less the government draws on their [Note :

meaning the private sector's] wealth, albeit for public

use, the better. Taxation must be kept low.

5.

Under the circumstances of private economic

development and low taxation, the economy will grow and, as

a result, public welfare [services] will grow in parallel.

Further elaboration of these three policies is

given below.

6.

-

There should be little interference in Private Activities

This policy means that the protection of freedoms

must be emphasised including freedom of the person, of

speech, of the press, of assembly, of association, to join

trade unions, of correspondence, of travel, of movement,

of strike, of demonstration, of choice of occupation, of

academic research, of belief, inviolability of the home, the

freedom to marry and the right to raise a family freely.

These rights are specified in detail in Section XIII of Annex

1 to the Joint Declaration.

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