1997-04-09-cb — Page 1

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畊酚穦某盽砏セЫ瞷確臛阶1997挤蹿兵ㄒ某1997挤蹿兵ㄒぉ弄

さΩ戳ㄢらぇ穦某某祘会キ颗–らぇ穦某丁セ畊さら穦叫ㄇ某碞某祇ēさ边続讽セ畊盢穦既氨穦某

沮穦某盽砏材27 兵ぇ砏﹚–︗某祇ē15 だ牧某璝禬筄祇ēセ畊穦赣某沧ゎ祇ē

DR DAVID LI: Mr President, Oscar Wilde once said, "It is better to have a steady income, than to be fascinating".

Today, in this Chamber, we might well say, "It is better to have a steady income, than to have a 15 billion dollar surplus."

I am sure that this is the view of all taxpayers.

Our Government is certainly fascinating  especially the way, that year after year, it produces such inaccurate financial forecasts.

This needs to change. Article 107 of the Basic Law requires the Government to "strive to achieve a fiscal balance". It does not say that the Government should make a profit.

If the cash flow can be off-target by $15 billion, we have a problem.

Surpluses of this scale are, in reality, a form of forced savings. In practical terms, they have a dampening effect on the economy. In moral terms, they deprive people of the right to choose whether to save or spend their money.

There is, in the view of the Finance Constituency, a case to be made for returning some of these funds to their rightful owners. $15 billion should be in our pockets  not those of the Financial Secretary.

In this computer age, surely the Government can do better. Will the day come, perhaps, when an unexpected infusion of revenue from stamp duty in one month is distributed as a dividend to taxpayers and welfare recipients four weeks later?

We will soon be, as our future Chief Executive has said, masters of our own house. That means that we can explore new methods of achieving accurate forecasting and balanced Budgets.

Aside from the fascinating surplus, Mr President, this was a most interesting Budget. Under the circumstances, however, I am not at all surprised, and I sympathize with all those concerned.

I will not spend time trying to find reasons to moan about it. By virtue of its very inactivity, this is a harmless Budget. It hurts no one, and indeed, many have gained at least something, even if it is simply in line with inflation.

What we have all gained from this Budget is time. Time to pause and consider the options available to the Financial Secretary of the Hong Kong Special Administrative Region (SAR) in 1998.

We have an opportunity to consider spending priorities. Judging by the lively debate we are having in the press, this opportunity is being welcomed.

Do our senior citizens deserve higher benefits? Could our hospitals use more funds? According to a recent survey, our 13-year-olds are falling seriously behind many of their international counterparts in science. This is a trend we cannot afford. Should we not invest more in our schools?

Of course, the answer is "yes" in every case. It would be tantamount to a return to earlier colonial times for the Government to neglect the needs of the community, especially those who are unable to help themselves.

We are fortunate in that we can, today, afford a rising level of public services, broadly in line with the changing needs and expectations of the community. This is because our economy is in such healthy shape.

The first priority of all future Budgets, Mr President, must be to keep it that way.

That means that we must ensure that Hong Kong remains an attractive centre for investment; not merely as attractive as it is today  although few places, if any, can beat us  but attractive enough to compete in the 21st century.

Around the world, as the process of globalization continues, fiscal policy is playing a greater role in giving an economy an advantage over its rivals. As barriers to trade and investment come down, it is an increasingly vital difference between our economy and those of our rivals.

The SAR Government will therefore have to examine some fundamental issues.

To take one example, is the current level of profits tax the right one?

There must be an optimum level  one that gives the maximum benefit both to our public finances and to the companies that consider Hong Kong as a place for their investment.

How do we know that that optimum level is 16.5%? Can our Government next year specify a level that attracts more investment? If it can, what will new businesses find?

Will they find affordable commercial or residential accommodation? Will they find enough skilled and qualified labour? Will they still find the simplest tax environment in Asia? Will they be protected from double taxation?

Will they still find the least red tape in Asia? Will they still enjoy the optimum blend of freedom and confidence that comes from a liberal but well-defined and enforced regulatory regime?

Not unless we continuously measure ourselves against our competitors  and act speedily on the results.

I am hopeful that future Budgets will be more exciting than this one. After all, the Budget is a plan on how to spend our money for our benefit. What can be more fascinating  or more rewarding  than that?

Before we get too involved in the details, however, let us be sure that we can make money in the first place. Let us see future Budgets as a means to a vital end  the maintenance of our competitiveness.

Let us be sure that our fiscal policies mark us out in the 21st century, in the way our free trade regime made us unique in the past.

Mr President, on the assumption that the next Administration will not shirk from answering hard question about the long-term competitiveness of Hong Kong, I support the motion.

法此某璓勉畊讽癩現絪籹癩現箇衡チ囊纯碞癩現箇衡や场だ矗冈灿某讽いΤ场だ某眔癩現钡ㄒ糤祙肂эい单祙顶单硂琌尺瞷禜

ぃ筁畊и癸癩現箇衡ご稰ア辨程璶琌癩現癸チ囊程闽猔㎝程纔ρ侯穿肂璶―礚笆癑竚璝籇チ囊璶―糤ρ侯穿︓耕瞶キ堡竒筁癩現ご磷秨チ囊碞ρ侯穿矗璶―癩現箇衡そガチ囊癩現某矗糤ρ侯穿300じ璶―ご礚τΩ綝癩現┶荡畊и癸硂癩現箇衡ご礛瞏稰ア辨

畊琵и-

虏虫酵酵セ翠ρ拜肈セ翠穦ρ拜肈疭琌竒蕾よ竒ま癬穦よ闽猔パ翠┎筁ㄓ┶荡崩︽癶ヰ玂毁璓瞷场だ癶ヰρ常⊿Τ癶ヰ玂毁玂毁セ翠贾琁穦㎝穦狝叭羛穦祇ρ砲絘╯厨セ翠Τ60窾蒥チㄤい璶琌ρ琌í砲矪挂硂ㄇρぇいΤネ疭琌ノノ窥ゑ烩侯穿ρぶ癸硂或ρネí砲薄猵Τ拜肈琌眔闽猔ê碞琌或硂ㄇρぃビ叫侯穿㎡Τㄢ瞶パ秆睦硂薄猵琌硂ㄇρΤ禬筁33,000じ纗籛禬筁現┎ビ叫侯穿戈玻瞶パ玥琌穦褐竝肚ぃì┪场だρ肚参ゅて┮紇臫τぃ腀ビ叫侯穿
畊烩侯穿ネ拜肈侯穿膀セ肂パ1,930じ發硄等糤︓κじ沮穦褐竝秸琩侯穿膀セ肂Θ穦ノノ秨や琌烩侯穿ρ–ら繺秨や碞Τ30じオ刚拜瞷ネキㄓ颗秖硂贺キネ琌钡㎡硂贺ネ癦矗ㄑぉ烩侯穿ρΤ碙腨τ瞶キ㎡

畊翠┎Τ货じ緇セ翠烩侯穿ρ–ぱノΤ30じオ硂龟琌稰幵薄猵瞏稰ぃ骸琌癩現癸烩侯穿ρ矪挂钩Ч礚笆癑и眏秸チ囊璶―糤ρ侯穿肂硈尿ごぃ眔璶烩и-

е璶"ó"薄猵ご妓癦ぃ瞏框狙㎡癩現癦弧或癸ρ產Τ薄Τ竡㎡硂ぃ琌睤弧杠琌或㎡

癩現璹硂癩現箇衡獺耕┕Τ耕璶琌硂箇衡弧琌い璣蛮よ硄筁τいよ癸セ翠穦褐秨や糤碩ΝΤ"ó反"篕珿絪璹箇衡筁祘い獺翠┎琌﹚現獀箇┪筁だ︑眔いよ種и辨и储代琌岿粇陪琌Ω穦褐糤碩琌陪

埃いよ紇臫癩現癸翠┎矪瞶癩叭┮孔"ド"ョ筁だ圾祑㎝狾セㄓ翠┎旧ま琌そ秨や糤碩ぃ穦禬筁竒蕾糤糤碩硂贺闽玒琌琿戳ずτぃ琌–璶腨硂砏絛癩現Ω眏秸瞷5%そ秨や糤碩癩現箇衡ず竒ノ伐礚珿チ囊籔セЫ現囊璶―糤ρ侯穿300じ綝┶荡磅︽ǎ癩現癸┮孔"ド"筁だ圾て瞶秆㎝磅︽琌眔у蝶

畊и稱疭矗翴癩現筿氮蒥チ借高Ω眏秸セ闽みρ褐弧璶糵稸瞶癩璶眖Ы稱癸禬碝盽秖緇ご礛圾祑瞶秆┮孔"ド"龟Τ翴は稰硂贺礚跌烩侯穿ρネ璚猵篈林阶眏疨は莱

畊и璶眏秸羇ㄏ癩現绊┮孔"ド"璶瞶秆睲贰そ秨や糤碩ぃ眔禬筁竒蕾糤糤碩琌琿戳τぃ琌祑–種琌磅︽赣兜"ド"Τ﹚砏絛㎝﹚紆┦琌Ω癩現倒и禜碞琌筁だ圾祑瞶秆赣兜ドョи谋眔癸ρ拜肈ぃ螟硂贺暗猭癸覸絯烩侯穿ρネ璚猵Τ︙腊㎡
畊璶拷砏变繦圾祑磅︽ま琌ン甧ㄆぃ琌醇┮はτ砏絛㎝紆┦ぇい蹦続讽現郸秆チ陪ボ▆そ叭莱Τ︽

畊环τē翠┎璶蹦続讽︽笆癸ら痲糤ρ侯穿癩現┯踞拜肈τ闽猔琌侯穿秨やぃ耞ど竒腨紇臫ㄤ穦褐狝叭秨や薄猵ㄒ產畑狝叭㎝獵ぶ狝叭单眏┦そ縩ぃ㎝癶ヰρ竒蕾拜肈ぃ筁硂ㄇ現郸陪礛熬瞒琌Ω癩現箇衡肈

畊и辨癩現莱癸糤ρ侯穿肂拜肈镑Τ絋┯空

セ略朝勉

腜某璓勉畊さ癩現箇衡程ア辨よ獺碞琌ρ侯穿某常矗硂翴硂碭ㄓиΤ诀穦把芠ρ皘籔ρ產渡酵酵酵-

ネ薄猵и獺癩現㎝翠現┎琌笵ρ產ヘ玡癸拜肈の薄猵ご礛Τ伦玴緇ぇ玱┶荡龟借糤ρ侯穿痷琌禣秆さиぃ稱絞阶禗現┎︙璶糤ρ侯穿現┎︑莱み▄斑瞦代碞Τ琌稱痙倒疭跋現┎矪瞶иョ辨琌

︑パ囊さ某搭祙1%环ㄓ現┎秨や籔Μ琌キ铆τ疭Τ窥現┎琌⊿Τノ祙Μ琌ぇチΤ秖纗称莱赣ノぇチ狦確常Τ緇現┎Τ砫ヴ搭祙и痙種璣瓣玂囊程膙匡現乎いョ某搭祙3%讽礛硂琌現獀瞶パи-

璶笵璣瓣現┎癩現龟礚翠現┎ê妓伦玴ウご礛矗搭祙翠現┎Τ秖緇莱σ納搭祙

畊и癘眔玡Τ矗翠祙呼び┮玡癩現籆港︓矗╯紉Μ綪扳祙稱τ狦讽痷龟琁翠現┎緇さぱ盢穦糤妓ョΤ絞阶矗某钡祙籔虏钡祙ゑㄒㄤ龟硂ㄇ场常琌瞶阶龟悔薄猵碞琌翠現┎Μ祙呼ぇごΤ緇┮硂ㄇ厩砃┦臛阶癸и-

腊ぃ

さぱиョ穦キ篈嘿苂癩現吭高よ種ǎ璹さ癩現箇衡︑パ囊舧祙顶耎溜τい玻顶ユ祙よ搭淮璽踞临Τи-

ョ舧盢畉昏眖5.5%搭︓5%硂兜某и-

竒ㄢ現┎矗筁沧さ現┎龟琁Τョ借好パ糤カチ痷タ眔痲ぃ安癩現ぃ搭畉昏杠カチ璽踞ゲ﹚┮и-

や搭畉昏よи-

や糤祙肂眔痲瘤礛ユ祙计ぶ琌и-

ョぃノヘ玡癩現猵踞み

さ現┎Τ317货じ緇︑パ囊種癩現箇衡緇箇代疭跋現┎ゼㄓ緇盢穦胑タи┮弧びΤ窥現┎琌⊿Τノ

畊︑パ囊や秖砍その扳そ计翠﹡Τㄤ癸現┎扳そ吭高ゅン︑パ囊秈︽跋┦秸琩秆カチ琿ボ舧粄そ﹚基び蔼籔ヘ玡ゑ耕畉び环︑パ囊Τ妓猭и-

粄現┎Μ縱Θセ竒琌讽暗猭叫現┎

︑パ囊ョ闽み︙蚌▅翠⊿Τㄤ戈方и-

ヘ玡翠毙▅礚粄琌Τ拜肈瘤礛иぃ琌毙▅盡產и盽Τ诀穦籔厩籔毙甭钡牟–Ω矗癬厩ネ借-

常琌"谰谰繷"厩ネぃ璣粂キいゅ祘ョ畉癸翠盢ㄓ獶盽ぃи粄璶э秈琌厩ネ粂ēτ厩ネ粂ē籔ρ畍借Τ馋闽玒Τρ畍Τ诀穦蚌▅厩ネτи-

ョや厩龟琁翠盢ㄓ琌щ戈獵ō硂ぃ琌現┎砫ヴョ琌翠盢ㄓτ暗辨現┎稸σ納

畊セ略朝勉︑パ囊や某

腑瓣辆某璓勉畊さ琌セЫㄆ臛阶癩現箇衡"ら"さ硂癩現箇衡琌い璣Θ狦翠菌い琌"縒礚玡荡"癩現箇衡琌筁寸戳箇衡3る璣瓣参獀9るい舦珿箇衡ゲ斗砰瞷瞷現┎㎝疭跋現┎瞶癩厩㎝瞶癩も猭璶才翠硂菌┦锣ч瞷猵眖翠俱砰痲祇眖糤眏ず㎝瓣悔щ戈獺み祇璹"硄"癩現箇衡铆﹚カチセщ戈㎝ずのщ戈癸翠竒蕾膥尿羉篴獺み
チ羛"Τ尺Τ磀Τ紐Τ納キ铆Τ緇祇甶ぃì"16ㄓ甧硂阁舦癩現箇衡硂箇衡カチ稰"尺"琌チ羛筁兜祙叭逼珹耎溜祙顶矗蔼羱祙祙肂︓10窾じ蝴そ眔祙瞯ぃ跑单癩現常钡チ羛璶―

癩現箇衡ガ┬拜肈㎝糤ρ侯穿弧琌礘翴┮翠璶т妮︑"贾痕"戳ㄓ常ぃ琌ン甧ㄆ薄さΩ箇衡絋龟癸┬拜肈ぃ筁1るず祇ネ3﹙к某加基縀疨︽笆膥"紆"Τカチ羘ē┬產辅瑀ぇㄓ"‵狶瑀"硂贺к某︽笆よΑチ羛琌は癸眖à硂琌は琈カチ癸-

礚猭候禟ど加基笷-

眏疨ぃ骸ㄓチ羛常"Ω竚穨ㄑ加祙肂"癩現гみ"糤砞┬щ戈よ祙兜糴搭玥琌岿粇"τ┶荡絋琌稰ア辨チ羛踞み拜肈⊿猭眔Т到秆∕ゲ﹚穦Θ疭跋現┎Θミ穦留"紐"

糤ρ侯穿拜肈チ羛筁常绊ρ侯穿莱糤︓い︗计だぇさ癩現箇衡褐秨や糤碩Τ9.1%ゑㄢ︗计碩常砆穦┮羔痜さ硈册秤礚瑉禟糤ョろ癩現Τ"砞ō矪"ρ產砞稱筁㎡稱钩眔縒﹡ρ琌︙"竊︾罽"癸ㄌ綼侯穿筁ρㄓ弧さ箇衡弧琌-

稰"磀"眖いㄓ箇衡

翠琌ぱ礛戈方よ璶ㄏ竒蕾祇甶現┎癸坝穨祇甶矗ㄑや穿琌獶盽璶癩現箇衡ず穿穨揭肈癩現埃箇痙挤蹿砍厩堕砞ミ材丁穨мいみの╯砞ミ材穨恏癸翠穨惠璶蝴膙⊿Τㄣ砰某瘤礛ア穨瞯戳Τ祔稬箇衡癸秆∕ア穨拜肈Ч⊿Τ臮の硂琌紐"納"

硂"矪跑キ铆祇甶"夹肈箇衡螟戳辨癸セ現┎癩現猵Τヴ︙エэ跑礚粄筁寸戳ずカチ癸ゼㄓ螟Τぃ铆﹚稰谋癩現ぃ跑莱窾跑┑尿筁┕ぇΤΤ翠祇甶玥ぃアぇ郸阁禫癩現箇衡ぃ矗Щ瓜璸ち铆﹚琌瞶秆ごΤ"ぃì"ぇ矪ㄤい琌纗称伐伦ìぇご"籹"禬緇箇衡ゼр戈方щ穦崩笆祇甶┪旅碔チ琌癸加カㄑ―ア颗腨拜肈ぃìゼ矗Ч俱秆∕某祔チ羛ㄤ某穦碞ぃ絛氓祇ēи穦碞そ叭毙▅の吏挂ㄆ叭笷チ羛種ǎ
蝴翠羉篴铆﹚钉ㄣ瞯Τㄏ㏑稰そ叭钉ヮ弧琌弘璶┮繦疭跋ヴ痁虫ガ┮Τ﹛常抖筁寸癸铆﹚そ叭钉ヮ獺み㎝常Τ籺痲そ叭钉ヮ繦癸拜肈碞琌そ叭セて秈甶蔼单猭皘掉∕そ叭ビ叫锣-

癸いゅㄏノ㎝粄醚ま癬そ叭︽ず種ǎだ猍現┎ゲ斗硓筁続讽措笵籔そ叭絉坝秆∕拜肈玥穦紇臫そ叭瞯㎝癸カチ狝叭

繦舦簿ユそ叭吏挂ョ盢癸锣跑籔ず﹛ユ┕盢繵羉瞏そ叭癸瓣粄醚盢琌腊そ叭癸硂锣跑闽龄そ叭蚌癡矪ゼㄓ糤挤蹿兜庢快ぃ摸量畒︑厩揭祘そ叭癸膀セ猭い瓣現┎琜篶单よ醚琌眔觅㎝ぉや

畊璶翠眔尿祇甶Θ邻穝毙▅蚌癡琌獶盽璶さ毙▅秨や笷450货じ癸瞷ら穝る钵筿福戈癟мゼㄓㄢ笆ノ3货じ矗ㄑ筿福砞琁の挤戈方э到盡皘厩ネ粂ゅキ常琌眔や現郸毙▅竝ㄓミら厩の糤厩︗毙畍ゑㄒ拜肈秈甶ア辨さㄌ礛⊿Τ尺辨獺繦穝簿チㄓ翠计糤惠璶矗ㄑ狝叭厩担计ョ糤瘤礛毙▅竝矗ㄑ瞷戈ぉ魁穝簿チ厩担厩ㄤや穿皌狝叭玥Τ稰ぃì稰琌"狹ó羱"ゼㄓ3厩﹚Τ禬筁 4窾穝簿チ厩担ㄓ翠矗ㄑセや穿狝叭肂瞷玱Τ9 600

毙▅竝らガ"毙厩粂ē眏ま"辅龟毙▅参膚〆穦材せ腹厨某崩︽ダ粂毙厩癸チ羛ボ舧崩︽ま玡毙▅竝ゲ斗眏畍戈蚌癡┮癸箇衡い矗璶挤戈方砞ミ粂ゅ戈方いみ琌眔や毙▅竝硂Ω沧﹚∕み崩︽ダ粂毙厩︑礛穦眔戳崩約ダ粂毙厩舧穦は癸羘ぃ┛跌珿崩︽現郸辨現┎糵稸︽ㄆ

畊チ羛吏挂ㄆ叭祇ē侯芠さΩ箇衡い吏挂玂臔ㄆ兜やΤ蔼笷25%ど碩硂琌猋尺计繦吏挂蝶︳兵ㄒネの現┎秨﹍╯ま"尿祇甶"阀├靡現┎秨﹍眶谋吏挂玂臔癸翠カチの翠ゼㄓ俱砰祇甶璶┦

埃ぇ現┎癸ㄇそ渤だ闽猔吏挂現郸縩伐э到借よ現┎ま腨紀逼夹非糤菏代の崩︽ホ猳ó进刚喷璸购单常琌よ

︓產闽み郸菠┦γ璸购チ羛绊差瑆γ矪瞶紅ぃ莱ノγ矪瞶τ莱赣蔼计矪瞶よ猭τチ羛ョは癸ゼΤ秈︽ヴ︙吏挂紇臫蝶︳玡盢γ逼砞玭い瓣ぃ筁и-

ョ猔種箇衡い現┎穦砞ミ刚喷┦γ矪瞶紅╯ゼㄓ差瑆矪瞶γ程ㄎて厩警秖の瑀┦ョ籔い瓣現┎ゼㄓ逼盿玭い瓣秈︽兜吏挂紇臫蝶︳瘤礛硂硈﹃惫琁ㄓ眔边翴ョ靡翠┎琌Τ港種の璽砫ヴ秆∕拜肈

畊鲸恨現┎兜吏玂現郸э到ぃ筁ョ﹟緇ㄣ某┦兜ヘごゼ秆∕瞷そ犁︽ó繥笵ず癸菏恨借璶―ゼ發眔瞷さ吏玂夹非いァ礗て膌砍籔て厩紀矪瞶いみの逼γ禣络﹚夹非单拜肈ごゼΤヴ︙╯挡狦のㄣ砰某硂常琌и-

ア辨临Τ箇衡い癸吏玂毙▅肚の跋闽玒秨や度糤2.2%ゑ┕糤碩搭ぶ硂ョ胔好現┎癸崩約吏玂種醚よΤ"玪ぃ膥"瞷禜

畊セ略朝勉

糂祇某璓勉畊碭翠┎癩方約秈癩現庢竢紏ぇ珿"旅碔チ"㎝"临碔チ"硋亥Θ恨癩現﹛瑈︽ノ粂玡ヴ癩現沉蔼贾ネき︓せ龟琁ㄇ搭祙惫琁讽弧猭琌р窥祙砋瞷ヴ癩現纯疆舦ネ癩現箇衡酵搭祙惫琁Τ摸量猭弧"翠竒蕾Θ碞パ蒥チ承硑瞶莱临碔チ"

"临碔チ"窖現┎璶﹛ぇ琌だ秖弧杠翠┎硈尿魁眔筪肂緇τ癩現纗称е盢笷3,500货薄猵"临碔チ"弧猭倒禜琌現┎碔癬ㄓр癩碔耴临倒蒥チㄏ產ㄉ碔肝癬ㄓΘ狦瞏稰ア辨琌翠┎"临碔チ"惫琁Ы碭兜羱祙祙兜糴搭虫咎硂ㄇ惫琁и粄ぃì笷璓痷タ"临碔チ"ヘ夹

瞶パ虏虫计渤蒥チΜぃ蔼セぃノユ祙┪惠煤ユ计ヘ祙蹿現┎搭祙惫琁⊿Τㄏ-

Τ┮眔痲碞琌弧场だ蒥チゼΘ"临碔チ"紈現癸禜痷タ碔肝搭祙籔琌闽玒ぃ逞ΤЖみ顶糷莉眔龟翴眔痲沮箇衡干絪庢ㄒЖみ顶糷產畑竊计じ祙蹿タタ琌硂顶糷蒥チ穦┯程竒蕾溃璶琌ㄓ︑﹡︘や翠ぃぶЖみ顶糷產畑盢–る场だΜノㄑ加ΤЖみ顶糷癸ヘ玡ど加基セ礚︑竚穨τ惠璶煤害差蔼╬加ㄏêㄇ巩潦眔﹡蒥チㄑ加やご礛琌兜獶盽↖璽踞瞷現┎搭祙惫琁癸-

ㄓ弧琌狹ó羱螟Τ-

耚叉螟

畊癩現セ翠瞷Аセネ玻羆笷24,500じㄓ硂絋琌稰藕镀计沮璸衡砲碔腶Ι埃"ㄑ加壁"︓"加壁"胑秨やセ翠產畑セ⊿Τ緇窥э到ネ借璓瞷┣瞷禜Μぃ玌產畑璶竊︾罽都穨㎝κ砯穨ぃ春︽穨篏睭竒犁獺籔Τ闽硈硂妓薄猵睲贰拜肈碞琌蒥チ砆や蔼┬秨や-

碞ぃ跑眔痷タ碔肝传ēぇ現┎程Τ"临碔チ"暗猭莱琌翠ぃ顶糷秆∕┬拜肈

チ渤秆∕┬拜肈疭琌承硑兵ンㄏ約蒥チ耕甧璽踞薄猵潦竚加┬琌現┎莱Τ砫ヴ沮ㄇ穦厩產穦禫蒥チ局Τ︑竚﹡┮硂穦碞穦禫㎝坑铆﹚癩現箇衡簍勉い眏秸"現┎ヘ夹ョ琌璶荷秖躬纘產畑︑竚﹡┮"杠瘤礛箇衡礚ゴ衡竚穨稰猋尺よ猭и種秆∕┬拜肈獀セよ猭琌糤ㄑ莱ぃ单弧現┎ぃ惠璶崩︽ㄤ惫琁搭淮竚穨竒蕾璽踞躬纘產畑︑竚﹡┮疭加基蔼薄猵硂ㄇ惫琁璶

ㄑ加琌竒盽┦秨や癩現搭基400窾じ加穨ユ祙惫琁癸竚穨龟悔ノ矪ぃиご礛粄龟悔暗搭淮竚穨ノ產竒蕾璽踞︽快猭琌Ω竚穨矗ㄑㄑ加祙兜糴搭иぃ種癩現┶荡琁︽Τ闽祙兜糴搭阶沮癩現弧"璝и-

ぃ恨產畑琌Τ惠璶τ糤砞┬щ戈よ祙兜糴搭玥琌岿粇"癩現弧杠陪盿Τē羜钮Θだ材и獺砞ミ诀ㄏ絋龟Τ惠璶產畑ㄉΤㄑ加祙兜糴搭ㄒ砏﹚ビ叫琌Ω竚穨產畑Μぃ禬筁琘夹祙兜糴搭Τ戳祙砏﹚続ノ潦禦加5璝ビ叫琿ず锣芥加惠璶現┎耴临搭祙兜单璶Τ続讽诀ㄑ加祙兜糴搭莱赣暗腊痷タΤ惠璶竚穨τ竒蕾璽踞↖產畑ňゎノ赣惫琁芥瓜翠┎臮拜肈┮绊ǎ臮オτē琌"獶ぃ琌ぃ"

畊и临稱酵酵畉昏拜肈箇衡簍勉い畉昏"临碔チ"夹肈ㄤい兜"临碔チ"惫琁痷Τ弛獶稰谋タぃぶ厨笵瘤礛癩現р羆畉昏紉Μ瞯玠搭5%せ︓秈︽畉昏︳┮癸蒥チㄓ弧畉昏琌搭龟さる癬Τ100窾產畑惠璶碞羛羘㎝膀セ猭砏﹚現┎煤ㄓ蒥チ琌ユ窥糤璽踞硂妓嘿"临碔チ"龟ㄏ螟瞶秆

紉Μ畉昏よ現┎Τ┮孔ㄒ︽︳畉昏暗猭翠┬ㄑ莱ぃì加基ど薄猵現┎よ硓筁芥眔佩Μ痲よ硓筁繦加基ぃ耞ど莱揭畉昏糤Μ畉昏ㄏ蒥チ埂禥加基禥ぇ璚κょ現┎琂礛Τ"临碔チ"みê碞莱赣紉Μ畉昏よ暗翴ひ現┎瞷さ㎝畉昏糤碩ぃ蔼20%暗猭ぃì覸絯蒥チ璽踞ㄤ龟現┎癩現薄猵讽Ыㄤ龟加基ど懒竚┮孔ㄒ︽畉昏︳加蒥基放確铆﹚確︳硂兜惫琁﹚讽眔約蒥チ舧

畊箇衡硓臩膀セ祘纗称膀Τ55货じゼノ荷蹿兜ㄤいパΜ㎝睲╊瞷┑紉ノ秨やよΤ15货じゼノ荷蹿兜Μ㎝睲╊︙瞷┑琌現┎Τ闽场もぃì癩現⊿Τユ芠現┎筁┕场もよ垦―箂糤獺も秸皌籔瓃┑ぃ礚闽玒丁碞琌窥Τ闽讽Ы莱讽砞猭秆∕拜肈玥ぃ穦盿ㄓ竒蕾筪穕ア穦琘ㄇ砏购祇甶盢螟戳ЧΘ╈篊穦祇甶˙ワ

畊瘤礛箇衡Τぃぶよ眔坝篹礚粄硂ご琌铆胺箇衡翠е盢耴闽龄ㄨ铆ぃ跑莱窾跑篈矪瞶翠癩現ㄆ叭琌タ絋暗猭璶琌︓癩現箇衡琌竒筁い璣羛羛蹈舱妮癩現箇衡盡產舱絉坝笷璓醚硂妓盢絋玂硂阁禫ㄢ現舦箇衡琌Ч俱箇衡硂癸翠抖キ铆筁寸┮癬ノ琌ぃēτ畴

畊и略朝勉や某
MR PAUL CHENG: Mr President, if I were a cartoonist looking at the task facing the Financial Secretary in the preparation and delivery of his historic transitional Budget, I would have depicted him as a juggler walking on a tightrope across a raging river while, back on the river bank, different interest groups are tugging at the rope in the hope of getting the Financial Secretary's  or the media's  attention.

With that image in mind, I was not surprised when the Financial Secretary talked a lot about balance  a balance between continuity and change during the exceptional year the Budget itself straddles.

For Hong Kong generally, to have a transitional Budget supported by the existing Administration, the incoming Administration and the future sovereign power through the Joint Liaison Group is a tremendous boost to confidence, especially at a time when  on the political front at least  a rather distorted picture is being painted overseas about Hong Kong's future.

I applaud the Financial Secretary for seizing the opportunity to deliver a positive and upbeat message, reinforcing Hong Kong's special status under the Basic Law, and underlining our unwavering commitment to the fundamental principles on which Hong Kong's success is founded  the principles of free enterprise, an open market economy, minimum government intervention, the rule of law and a simple and low taxation system. This will, hopefully, go a long way in balancing off comments being made by pessimists who are now overseas claiming that they are telling the truth about Hong Kong.

I do not believe it is very meaningful to nitpick on this year's Budget because the process is that either we support it or we reject it in its totality. Whilst I am very sympathetic to calls for more support for the elderly, it is with mixed emotions that I hope the Budget will not be torpedoed because of a single issue. I very much hope that the Government will find a way to increase the Comprehensive Social Security Assistance (CSSA) monthly allowance to at least $2,300, perhaps if possible even to $2,500. We really must find a solution to enable those elderly who really need the support of the whole community to pass their rainy days with some dignity.

As we move towards a new era in Hong Kong's history, I believe the Hong Kong Special Administration Region (SAR) Government must conduct critical review on certain issues. We can no longer prepare future Budgets simply by manipulating percentages up and down. What we need to do is to ask ourselves what we would like to achieve in certain critical areas within a given timeframe and be bold and innovative enough to put proper financial resources to actually make things happen. The three areas that I feel require this sort of treatment and attention are:

- Overall competitiveness
- Education
- Housing

Competitiveness

The global market place is changing and becoming even more competitive. We can no longer sit back and comfort ourselves that there is an annual net gain from new companies coming to set up shops in Hong Kong than companies leaving to go somewhere else in the region. By the time we see a deficit, it would be too late.

We must put more resources and streamline our promotional efforts to attract international investments. With an elaborate global network of Trade Development Council and Industry Branch offices around  sometimes tripping over each other in promoting Hong Kong, I am somewhat surprised that the Financial Secretary is proposing to set up yet another new unit within his office to promote Hong Kong. The intention is good, but we really must stop the proliferation and start consolidating so that our efforts can be better co-ordinated and with real punch. We must do something about the ever increasing high costs of doing business here. We need to ensure our taxation, legal, accounting and regulatory systems remain attractive to international investors. A more flexible and realistic labour importation scheme will also help alleviate the pressure from a tight labour market in certain sectors.

Professor Michael ENRIGHT wrote an enlightening article in this Monday's issue of the South China Morning Post and I would like to quote part of his comments as follows:

"Hong Kong has prospered, not because it followed the same strategy as other economies, but because it has followed its own path. To enhance the territory's prosperity, it would be better to reaffirm and extend these features, to become more like the stereotype of Hong Kong, not less.

Lowering corporate taxes, opening up protected service industries, reducing government involvement in particular sectors, and ensuring greater entry and competition are all steps that would enhance Hong Kong's position as a regional centre and improve its ability to benefit from opportunities in Asia.

While some of these moves might be practically or politically difficult in Hong Kong, that is the whole point. How much more difficult would they be for Hong Kong's competitors to match? Thus the essence of strategy, not following others down the same well-worn paths, but breaking new ground where others cannot or dare not go."

We need to be both bold and innovative and we need to reignite our competitive spirit!

Education

The University Grants Committee in its "Higher Education in Hong Kong" report published last year talked about a vision of excellence. The Government must not only restrain from cutting funds  instead we actually need to increase our funding to ensure we achieve our desire to build Hong Kong as a top education centre. A programme to attract more foreign students would also help maintain our unique international status and help create our reputation as a centre of excellence.

Having said that, care must be taken that proper balance be given in allocating resources not only to higher education, including calls for more research-based activities, but that equal treatment be given to secondary education and to re-generating polytechnic education.

Housing

This is already a major social issue. The primary issue here is not just land  but accessible land. There is an urgent need to build more roads and related infrastructure so that more affordable housing can be made available and supply of low cost housing can be speeded up to shorten the waiting period.

Rezoning flexibility and making the approval process more efficient would help, but these actions do not address the core of the problem. The Government's new measures to combat property speculation will, by themselves, have limited effect  they, in fact, raise a broader question on the Government's policy of minimum intervention in a free market economy.

The key, in my view, is that we must put more emphasis on building the road infrastructure so that more accessible land can be made available across the board.

Hong Kong has crossed many rivers and climbed many mountains, but the sternest test of all lies ahead. The Budget presented by the Financial Secretary is sound and enjoys broad support  and will enjoy even more support if the concerns about the elderly are properly and promptly addressed. The Budget also introduces a welcome measure of certainty and stability at a rather uncertain time.

I urge my fellow Members to look at the bigger picture in voting for this year's Budget, and I hope the "through train" Civil Service will take note of the areas I have highlighted when they start deliberating on the 1998-99 Budget.

With these words, Mr President, I support the motion.

MR DAVID CHU: Mr President, the transitional Budget has many good things and some glaring shortcomings. I will not dwell on the good things. The Financial Secretary knows what they are. I will focus on the shortcomings, hoping that these can be fixed for the next Budget, the first for the Hong Kong Special Administrative Region.

Shortcoming number one is inadequate Comprehensive Social Security Assistance (CSSA) for the elderly who get by with less than $2,000 a month. This is hardly enough to feed a person, let alone enable him or her to live in dignity which is what the Government has promised over and over again.

We have the means and now we must have the moral responsibility to help the needy elderly. Our fiscal surplus will be $15 billion for this year and $32 billion for the next. Our total reserves amount to nearly $360 billion. Our Land Fund will top $160 billion. Even a portion of the interest dividends on these riches can more than pay for a few hundred dollar increase to the CSSA monthly payment for each elderly recipient.

We can also give more to the elderly without distorting welfare expenditure. We can achieve this by targeting welfare spending at the elderly and not at the able bodied who should fend for themselves.

Too generous a CSSA acts as a disincentive to those of the working age. CSSA as incentive or disincentive means nothing for the elderly who can no longer work. We must understand that the money we put into helping the elderly today is basically a one-time payment. With the establishment of the Mandatory Provident Fund, the next generation of retirees will have pensions and will not rely on the charity of a government.

Some people want welfare expenditure to increase more than the 9.4% offered in this Budget. They point to the past five Budgets in which social welfare expenditure rose by an average of 17% a year. This rate cannot be sustained forever. At an annual 17% rate of welfare spending increase, our welfare expenditure would exceed the total Budget in 16 years.

Shortcoming number two is excessive tax allowance for single parents. Single parents will see their allowance rise 66% from $45,000 to $75,000 in this Budget. The allowance and also the CSSA payment to single parents, most of whom are women, have become in effect taxpayers subsidizing irresponsible fathers.

Shortcoming number three is housing, the policy of which was recently reviewed. The Government pledges to spur on a record-setting pace of private and public housing development. But the latest Budget shows that the Government is better at talking than doing anything serious about the problem. Housing expenditure is set to rise by merely 9.2% for the year. This is certainly not enough to enable the Government to meet its own annual target of building 54 000 public sector flats and of getting the private sector to develop 31 000 units for a total of 85 000  which is roughly 50% more than the current production rate. The Government additionally forecasts that from 2001 to 2006 an annual average of 39 000 public housing flats and 34 000 private ones will have to be built to satisfy demand. If the Government should fall short of its own quota, then it will only drive more people to the private sector and inflate the already sky high flat prices.

Shortcoming number four is the Administration's stinginess with district board members. We cannot pay lip service to the importance we attach to grassroots representation and then expect these members to put in so much time and shell out their own money to pay for their staff, office rental and other expenses. Personal sacrifice for the public service can only go so far. I have asked repeatedly for a 50% increase in district board members' monthly personal allowance of $17,000. An increase of 50% on this modest sum can lessen the hardship on district board members whom I would like to call district councillors to reflect their real role.

Mr President, I support the motion and commend the Financial Secretary for the prudent Budget which says a lot about the way we are: Better safe than sorry.

Thank you, Mr President.

︙┯ぱ某璓勉畊㈱フ弧癩現硂翠璣瓣恨獀程癩現箇衡簍勉衡讽↖磂癸钮渤ㄓ弧ノㄓまノ膀セ猭彻竊㎝砏兵朝瓃翠疭︽現跋癩現︑舦龟翴穝種⊿Τ癩現ノぞ絞碩弄セ翠Θ碞琌狡現┎穝籇矪竒盽参璸计︓箇衡ず甧ご礛螟тヴ︙佩よ⊿Τガヴ︙穝膀娄砞祘⊿Τ穝よ秆∕┬拜肈の⊿Τ肂竒蕾戈ρ

灸琌せ︓澈Τ種ぇ151货じ胑緇τ︓緇箇代蔼笷317货じ癸ㄓ弧兜種琌祔玠搭皊弘都珇莱揭祙硂琌セㄓ↖磂とキ睰翴翴届τ玱⊿Τ或龟借種竡
弧硂狦癩現秨﹍稰谋и簍勉Гミぃ肞и癸箇衡㎝簍勉у蝶竒畉ぃㄆ龟瘤礛さ癩現箇衡琌翠璣瓣恨獀程癩現箇衡渤┮㏄硂箇衡琌翠璣現┎㎝い瓣現┎竒筁16近穦某絪籹讽礛硂箇衡ぃ虫ゎ続ノ瞷さ舦さ癩現3る临続ノ癩現緇9る翠竒琌い瓣疭︽現跋

硂箇衡钮渤ぃ虫ゎ琌翠渤カチτ莱赣珹渤瓣悔и-

莱赣だ硂約钮渤秆膀セ猭倒ぉ翠疭︽現跋癩現㎝ㄤㄆ叭よ︑舦玂靡┮癩現硂よひ琌莱赣堡碭るㄓ瓣悔竒盽砆翠現┎琘ㄇ烩旧㎝現獀烩砈癸翠玡硚捍笆┦㎝ソらē阶粇旧贺ē阶癸翠﹚穦盿ㄓ穕甡ぃ筁程Τ臛靡琌讽翠疭︽現跋Θミぇㄆ龟靡い瓣舦翠镑膥尿ㄉΤ瞷︑パネよΑ㎝猭獀璶琌翠刮挡癬ㄓ靡и-

Τ龟︽"翠獀翠"硂阀├镑ㄏ翠膥尿﹚膥尿羉篴

ヘ玡ㄓ弧禯瞒舦簿ユぶ100ら翠絋Τ禬┮辨眏胺癩現タ翠カチ㎝щ戈癸翠盢ㄓご礛骸伐獺み

翠疭︽現跋盢穦癩現眏胺薄猵秨﹍穝ネ㏑癩現纗称羆肂硈るら膀ず穦笷钡3,300货じ硂癩現瞷﹚ゑヴ︙ㄤ跋キ价芠ゎョ癸翠筁寸戳Τ種竡и-

盽"﹚羉篴"硂Ωㄓ弧硂ㄇ迭粂ㄤ龟硂Ω锣ㄓ量⊿Τ"羉篴"笷"﹚"㎡

癩現⊿Τ糤ρ侯穿τ砆よу蝶癸ρ薄み瘤礛ノ┮孔"ド"ㄓ秆睦秨や礚阶︙現┎畐┬骸耺ご礛绊∕┶荡倒ぉρ翴腊庢龟禣秆ρ拜肈よи稱ノ硂诀穦Ω矗翠﹚璶荷е龟︽眏┦そ縩瘤礛そ縩ぃ祏戳秆∕ρ竒蕾拜肈程沧琌膀セ秆∕ρ边ネ玂毁

Τㄇよиョ螟瞶秆ㄒΤ计陪ボ60窾ネí砲ぇい翠羉篴篴и-

︙秆睦硂碔肝穦い澈甧砛Τ禬筁10窾め近单矪続讽﹡┮

ネ借

畊吏臮㏄и-

ぃ螟祇谋翠ネ借Τ螟钡よ瘤礛キА戈Μ糤碩砆蔼硄等计常琌丁ㄨ璚寥ㄓ竒筁憨ぱ-

紆ぇ﹡︘籔產だㄉ澜丁衡┋笲ぃ┋碞琌籔砛ㄤ產畑澜灿虫︗ず

礚好翠Τ砛藕Θ碞琌ごΤ砛ゼ秆∕拜肈琂礛翠Τノ5丁ЧΘ胑诀初み祘璸购ゲ﹚Τтよ猭秆∕耑и-

穦㎝膀セ┬拜肈拜肈琌現┎︙∕み㎝戈方秆∕硂ㄇ拜肈Τㄒ程Τ某常現┎璶―е┬糵у祘е┬砍ㄓиぃ耞矗硂璶―и瞷Ω妒玃現┎硂よ縩伐浪癚粄痷龟借琜篶㎝祘э▆

玡и矗ネ借縱畍и盽盽砆и-

カ跋吏挂碿借耑疭琌耕竃盞侣跋纒み纽盿︓琌┮孔穝カ马硂ㄇ跋吏挂澜縱瘆年琌パ戳砞璸ノ虏の硑菏恨ぃ到┛菠蝴┪垒ノ旧璓Ν癐瞷禜

竒盽┬玂緄蝴莱赣琌穨┪︘砫ヴ狦カチ璽ぃ癬砫ヴ現┎碞璶╯︙ミ猭ま眏┦蝴璸购狦硂璸购ぃ︽ê或斑匡拒碞Τ秖㎝硉カ跋笷膀セ吏挂э到硂穦拜肈螟秆∕筁计竒喷礚阶琌祇甶そ┪╬祇甶坝璽砫カ跋硉常ア辨ㄢㄓ現┎秖Τ闽吭高ゅン翠祇甶郸菠浪癚カ砏购兵ㄒ翠カ跋㎝程环┬郸菠蝶某单琌タい瓣Τ杠"籇加辫臫ぃǎΤㄓ"и-

程膀セ拜肈﹡︘㎝吏挂拜肈璶单秆∕㎡

盡穨狝叭︽穨

癩現箇衡臛阶いи舧現┎Θミ崩約狝叭盡砫舱さи-

Μ弘盡砫舱厨眖厨眔盡穨狝叭き翠セネ玻羆2.7%τせ竨ノ79 000瘤礛厨⊿Τ或龟借某┪︽笆崩約盡穨狝叭翠坝穨Θセ蔼翠狝叭┦︽穨タ羬ㄓ︑ら亥眏膙現┎秖竨ノ臮拜臮拜そ翠㎝狥玭ㄈ纔墩ゼ笷翠惠璶м锣簿癸セ翠盡穨ぃ⊿Τ腊盿ㄓ璽紇臫

畊礚阶癸癩現箇衡琘ㄇよΤ或稱猭癩現絋龟絋ミ翠疭︽現跋眏癩現猵硂Τ疭跋Θミ秆∕ㄇи-

拜肈ゼㄓ碭るい疭跋赋地ネ惠璶璹琁現厨硂ㄢぱ癩現箇衡臛阶莱赣眔把σи辨疭跋現┎铆胺秨甶癸穨坝穨㎝┬┮惠璶祇甶㎝膀娄砞安硂Θㄆ龟杠癩現┮箇痙纗称琌眔и-

ボ谅種

畊и略祇ēや某

霉不瓣某璓勉畊さ癩現箇衡琌い璣現┎い瓣るら確︽ㄏ翠舦τ璹菌┦ゅン現┎埃宽碻砮瞶癩玥睲贰陪ボウ琌ㄌ沮膀セ猭Τ闽兵ゅτ﹚硂ㄣΤ币祇┦種竡

箇衡Μよ瞷铆胺い―瘆羱祙祙肂娩悔祙瞯㎝祙顶单よ常Τ瞶秸俱┯空浪癚眔祙セ粄翠祙ㄓだ玂ぃ続カチ癸現┎璶―Τ闽浪癚莱瞇籠祙よτэ到ら痲腨砲碔腶拜肈莱琌浪癚祙ヘ夹ぇτи-

粄ま秈放㎝仓秈祙琌玃秈穦戈方Τ㎝瞶だ皌よ猭

セ璶Ωビ現┎莱眏ゴ阑発祙㎝磷祙笆絋玂現┎祙Μ铆胺┦㎝祙そキ┦沮現┎戈せる︓る戳丁祙叭Ы秸琩糵1 740﹙蝶﹚干煤祙蹿の籃蹿20货じ硂ㄇ计は琈翠発祙の縡祙薄猵獶盽腨現┎莱赣膥尿蹦Τゴ阑発祙㎝磷祙現郸

玃秈竒蕾祇甶よ癩現某Θミ穝诀篶ㄓ崩約狝叭穨現┎ョ穦╯ㄇ現┎狝叭ユパ╬犁诀篶钡快硂ㄇ現郸ㄣΤ縩伐種竡︓ㄑ―ア秸薄猵癩現ョ種璶Θミ蔼糷烩旧〆穦矪瞶

硂ㄇ穝現郸舱某は琈翠竒蕾锣筁祘い瞷Τ現┎挡篶ぃ続莱竒蕾祇甶惠璶τ癩現ら瞶窾诀薄猵临璶烩旧盡砫舱埃獶琌禬玥┤ぃ臮珿セ眏疨璶―現┎把σ穝℡の芖竒喷Θミ竒蕾祇甶Ыㄓ璹㎝参膚よ籔竒蕾Τ闽祇甶郸菠秸挤戈方笷璓Τ闽ヘ夹硂竒蕾祇甶Ы莱縒ミ癩現ぇ璓矗ㄑ穝瞶├璹㎝崩笆穝竒蕾現郸

穝℡ㄒ︑き縒ミせ璹材竒蕾祇甶璸购Θミ竒蕾祇甶Ы竒蕾祇甶Ыヴ叭琌磅︽竒蕾祇甶璸购玃秈瓣ずщ戈癸穨矗ㄑ戈м砃单穿竒蕾祇甶Ы钡癸穨矗ㄑい戳禪蹿癸螟莉眔蝗︽戈穨矗ㄑ祏戳禪蹿

竒蕾祇甶Ы癸穨矗ㄑм砃穿珹︽┦╯カ初╯穨╯夹非璹м砃の恨瞶蚌癡Τ絛瞅ず矗ㄑ玻珇秨祇㎝穨砞璸穿穝℡竒蕾祇甶Ы㎝穨璹蚌癡乎璶ミ戮穨蚌癡厩㎝穨蚌癡いみ

穝℡竒蕾祇甶Ы∕﹚祇甶м砃穨砏家穨い钡把τ瓣犁穨硋亥瞷╬Τて镣竒蕾祇甶Ы穝℡碭祇甶い祇揣烩旧ノㄏ穝℡蔼м穨よ环环禬筁翠ぷㄤ蔼м蚌癡よゑ翠临璶Θ眔翠龟Τ挪ゲ璶

︓芖よΤ摸穝℡竒蕾祇甶Ы舱麓芖現┎眏竒蕾砞э舱竒蕾砞璸〆穦のㄖ︽現皘癩竒舱Θミ竒蕾砞〆穦ウ璶ヴ叭琌眖ㄆ竒蕾砞砞璸秸糵某籔σ玃秈芖竒蕾俱砰祇甶

竒蕾砞〆穦刘妮芖︽現皘縒ミ癩現场竒蕾场单璶現┎场赣〆穦购だ10虫︗珹侯璸购矪竒蕾╯矪场璸购矪砏购矪常カの︘祇甶矪芖竒蕾砞〆穦Θ玃秈芖竒蕾Θ㎝耕瞶┮眔だ皌и谋眔Τ闽竒喷眔翠描

さ癩現箇衡い箇璸翠穦Τ瘆ぱ317货じ緇癩現纗称膀︓るらゎ︳璸笷3,600货じ硂胑緇カチ癸現┎穦Τ眏疨璶―辨現┎到ノ戈方痷タ临碔チэ到チネ

セ粄るらぇ莱р膀ㄖ癩現纗称场だユパ磕恨瞶Ы硓筁蹲膀ㄖ恨瞶硂琌程︽よ猭﹚璶浪癚癩現纗称瞷щ戈郸菠癩現纗称笷ㄎ厨瞯禬硄等ヘ夹

︓やよさ癩現や穦ゑ龟借糤5.3%竒盽┦秨や糤玥5.6%籔竒蕾龟借糤璝ぃ筁ミ猭Ы㎝カチ戳辨碩糤侯穿肂ρ褐膀娄毙▅┬や㎝骋蚌癡单現┎Τ闽現郸ご礛獶盽玂铆胺虑緇玥砋砋キ龟

現┎眏秸さΩ﹚箇衡琌ㄌ沮膀セ猭材κ箂兵翠疭︽現跋癩現箇衡秖玥―Μやキ颗磷í籔セネ玻羆糤瞯続莱癸瓃兵ゅ灿だ猂и-

祇瞷秖琌玥璶笷璓硂玥Τㄢじ材琌Μやキ颗材琌秨や籔セネ玻羆糤続莱

現┎さ癩現箇衡才材じ环环笻璉璶材じ碞琌璶Μやキ颗┮龟Τ"ゴ篨は篨"ぇ尔и-

辨癩現σ納璹さΩ癩現箇衡穦碞瞷胑緇Τ璹穝惫琁э到チネ

THE PRESIDENT'S DEPUTY, DR LEONG CHE-HUNG, took the Chair.
瞶畊辩醇翬某既穦某

独綺笽某璓勉瞶畊︓癩現箇衡琌翠崔チ侣㎝穝籹玻珇琌焕幵ㄨ痢礚薄箇衡現┎よГ局秖緇ガ翠碔ヒよさョΤ150货じ穝緇よ弧⊿Τ窥覸秆ρ絘挂弧⊿Τ戈方秆∕竒蕾挡篶ア穨㎝Μ拜肈現┎そ叭澈璶硂妓箇衡臛臔龟鸡

癩現箇衡い"ρㄓ琌瞏セЫ㎝蒥チ闽猔竤現┎ョ妓闽猔ρ拜肈"堡ぃ琌ぃ琌ê羘"ó反"現┎琌驰闽猔玱⊿Τ琁ぉ穿も癸穦程眏疨璶―糤虫ōρ侯穿300じ竚窖ぃ瞶琌硄等秸俱ㄆ龟瞷10窾ρ璸衡肂や–る300じ侯穿3.6货じセ151货じ緇2%癩現圭搭ぶ覆靛皊祙碔Τ磃ぃ腀盢┮搭ぶ1.1货じΜ锣倒ǒ对ネρ礚┮ㄌρ龟琌抡︓伐

瞶畊翠砲碔腶ら痲腨薄猵穦褐秨や澈瞷癶︓穦褐竒盽┦そ秨や龟借糤瞯Τ9.4%环せ14.7%籔き13.2%侯穿计ぃ耞ど糤ㄢΘ侯穿や龟借糤瞯玱ぃどはㄤ確眃穝簿チ狝叭┯空現┎┮щ戈方ョア辨

洛励よ現┎琌窥粄Τ窥程候璶蒥チ⊿Τ㏑⊿Τ┮孔現┎よ踞み洛励秨や穦どら稱︙ㄏ痜禣ノよ玱﹍沧ぃ箇ň篊┦痚痜よ糤戈方刚拜砾痝い㎝み﹀恨痜よぃ箇ň┦戈方ρ㎝包胺眃いみぃ祇甶镑1%ρ㎝包矗ㄑ狝叭硂ㄇ痜计ヘ︙穦絯ど墩洛獀硂ㄇ痜┮惠肂︙ぃ糤︙猵ヘ玡Τ箇ňろ借秖北⊿Τ▆睲捶夹菏服Θ洛厩毙▅よ肚琌Τ琌搭ぶ蒥チΤ甡策篋琌糤蒥チ癸砾痝庇稰硂常琌ろ戈硂妓碞螟穦禣竒ぶ眔鸡戈方ㄏ篊┦痚痜Τ糤礚搭

竒蕾よ箇衡琌ア辨竒蕾瞷タ秈︽エ俱瓣竒Θ矗蔼ネ玻眏玪糤らセ稼瑆タǐ挂翠竒蕾糤玱眖せ9%7.5%篊5%琌ㄈ瑆纒い瞷程畉礛τ︓さ現┎ごゼ翠竒蕾俱ì镑㎝の硂贺┑粇盢翠竒蕾膥尿ǐ℡蒥チ現┎岿粇↖基

翠竒蕾祇甶讽玡叭琌玃秈膙τ蚌癡ぷ璶現┎毙▅щ戈よゼΤ陪帝糤毙▅竒盽そ秨や龟借糤碩程5竊竊︓┮ネ玻羆ゑㄒ2.8%耕ㄤ秈瓣產5%︓7%沮程ЧΘ瓣悔计厩㎝厩秸琩翠厩担厩醚澈礛ゑ畄瓣临璶畉41瓣產い24硂妓м醚キ叫拜︙龟瞷蔼м籹硑穨ヘ夹挡狦ぃēτ畴骋盞栋籹硑穨ア蔼м籹硑穨跑Θ腞腹現┎ぃ莱赣瑉禟︽穨Θ蔼м穨惠璶▆╯いみì镑м肝承穨膀戈癟呼蹈㎝承穨ゅて翠Τ盾現┎щ戈或暗或氮琌稬ぃì笵祙叭纔磃承穝ユ瑈穦м戈畐戈мㄓ翠砐拜常玃秈м坝珇て㎝坝珇мて堡現┎癸Τ稬ぃì笵躬纘家絢ぃ睲毙▅現郸睝礚よ璸购タ陈瞶厨┮弧現┎癸м種醚粄醚Τゲ斗浪癚ヘ玡現┎琜篶眏翠現┎ず场м現郸籔竒蕾現郸種醚

籹硑穨籔狝叭穨м砃ら穝る钵磝搐мぇぃì玂︘碞穨诀穦┪糤Μм砃︽穨锣蔼м砃︽穨ア穨籔羱筍ゲ斗沧ネ钡尿毙▅現┎钡и-

チ囊某糤砞蚌癡祙肂躬纘沟钡蚌癡セチ囊某盢蚌癡祙肂矗蔼現┎ョ眖到瑈и-

チ囊癸ボ舧ぃ筁硂ㄇ惫琁ぃì镑チ囊粄現┎ョ莱赣ノ祙叭惫琁躬纘沟矗ㄑ蚌癡穨矗ㄑ揭祘1.5やΙ埃搭ぶ莱揭眔祙現┎ョ莱赣糤挤蹿ぉ穝м蚌癡膀戈穨玂癳厩策穝м砃

︑秨﹍チ囊璶―Θミ场盡砫や穿狝叭穨籔璹狝叭穨現郸絋玂翠蝴瑈狝叭いみ︗崩約璹惫琁セ狝叭穨盡砫舱ЧΘ程厨τ癩現沧钡惠璶Θミ穝盡砫场璽砫よ獽犁坝㎝崩約狝叭穨チ囊癸ボ舧穨竝籔ネ玻玃秈Ы絛瞅竒パや穿穨耎甶︓狝叭穨挤蹿や玱⊿Τ莱糤踞み琌穨竝籔ネ玻玃秈Ыよ繦ら亥典罽穨τ搭ぶや穿穨よ禜紉Α玃秈狝叭穨瘤礛穨竝籔ネ玻玃秈Ы盢нい穨ぇ玱陪礛琌"筽羘獴翴"琂ゼΤ璹夹ョ⊿Τ璹ㄣ砰璸购ㄒ磕戈禪蹿の皐癸い穨τ砞戈癟呼蹈籔蚌癡

現┎Τ秖緇τぃゲ惠チネ㎝竒蕾惠―τ糤秨や沮弧琌璶秖筁11箇衡7蔼︳や籔7︳Μ9︳緇┮孔秖箇衡龟悔琌箇衡

ㄤΩ現┎盢秨や籔竒蕾糤本恥礛τ筁11竒蕾糤㎝現┎Μ緇常礚﹚闽玒い戳糤箇代跌贺蝶︳家Ατ獶綼夹非い戳竒蕾糤材计︗現┎硄盽0.5璸衡虫︗璶ぶ璸0.01κだ翴獽单玠搭讽20货じや硂计ヘì莱侯穿–るκじ10秨や筁8仓縩現┎秨や竒蕾糤瞯0.9%传ēぇ莱ノゼノ秨や禬筁1,000货じ現┎莱赣翠蒥チ临杜骸ì穦チ㎝竒蕾砞琁よ惠―

ㄤ龟盢胑緇痙τぃノ穦膥尿砆硄等獻籯せ癩現纗称蹲膀厨瞯Τ5.72%耕硄等瞯1.28%穕ア程ぶ19货じ虫硂掸蹿兜镑糤侯穿–る300じ5秨や琌腊絘獽穦"ó反"禣硂ㄇ窥玱礚┮孔

狦現┎痷港みチ碞莱赣痷タ秖Τ惠璶盢–緇щ秨やτぃ琌發―纗称仓縩硂妓ㄢㄤ琂ぃ穦瞷íぃ穦┛跌穦惠璶狦痷港みチ現┎盢緇猔戈ρ侯穿膀ㄏ侯穿竒盽┦秨や眔铆﹚戈方現┎盢緇猔戈蚌癡膀ㄏ"ゴ"Τ膥尿э秈м诀穦現┎盢緇猔γ膀ㄏ蒥チ搭ぶ璽踞猔戈そ縩竭纕非称蒥チ礚斗踞み╬犁膀恨瞶超沧ō縩籛獽穦窖狥瑈硂ㄇ猔戈よ猭常临碔チτぃゲ硑Θ竒盽┦秨や戳璽踞現┎ぃ暗ぃ琌ぃ暗琌ぃ腀暗τ

Τ弧и-

莱赣痙ㄇ緇倒疭跋現┎ㄏノ硂贺弧杠琌а癘るらぇ玡ぇ翠ㄌ礛琌翠翠临琌翠或翠穦惠璶﹚璶单骸ì眔或ネ砲絘螟い蒥チ璶单癩現箇衡┪单и-

疭跋秨э到ネ螟笵赋ネ篴㎝羘臕璶絘產碾璶翠竒蕾祇甶╈┑硂穦ぃ穦琌ㄇび摧г現獀も琿

瞶畊侣ら崔チ硂焕幵箇衡糶程掸穝盡現┎碞硂箇衡糶闷チ現郸穝毙癡睲贰ぃ筁⊿Τチ碞ぃ穦局ΤΤ碙腨ネ

朝篴篱某璓勉瞶畊渤┮㏄硂阁禫筁寸戳癩現箇衡弧琌"铆皚"Τ緇"佩尺"ぃìぃ穦Τ佩尺ぇ稰常琌種いㄆτ祔祔稰"佩尺"㎝Τ┮Μ矛碞琌癩現ミ猭Ы弄硂癩現箇衡簍勉い酵膀セ猭ㄏ翠カチ珹60︗ミ猭Ы某绑膀セ猭揭

癩現まノ膀セ猭い竒蕾彻竊秖兵ゅ硂筁寸戳癩現箇衡琌酚膀セ猭玥ㄓ﹚Ω矗眶某痙種硂翴癩現常孔"ノみ▆璚"

瞶畊礚阶︙セ獶盽猋洁癩現腨略篈酚膀セ猭瞶癩玥ㄓ﹚硂筁寸戳癩現箇衡硂翴眔苂

俱癩現箇衡程稴羔痜馋筁穦褐よ箇衡秨や拜肈瞷糤碩菲辅薄猵穦よ疭琌Τ惠璶常稰ア辨
翠ρ褐拜肈常穦渤眏疨у蝶現┎癸э到烩侯穿ρ產ネ借眖ㄓ常琌"籪富翴"Α暗"Τ墩礚龟悔"ろ艶┦碞硂Ω癩現箇衡и览阀珹碭翴

琌ㄏ稰現┎Τ翴"猜も猜竲"現┎硂Ω矗褐秨や195货じ癸ゑせ︓褐秨や场だㄓ弧Τ9.4%龟借糤琌筁碭程碩糤ぇτゑ耕現┎セōぇ玡箇代常菠秸

礚粄穦褐挤蹿い场だノ穦玂毁场だ123货じㄤいΤ禬筁77.5货じ琌侯穿秨や货じ琌そ褐琌蔼闹瑉禟㎝摧痚瑉禟ㄆ龟筁5ず侯穿计ヘ㎝Τ闽秨やАΤ碩糤镣墩︓窾﹙そ穿货窾秨やㄓ弧︓さる┏ゎビ叫侯穿禬筁16窾﹙货じ秨やゑ耕ㄤ糤碩ぇ祘孔佩疭琌ㄓ竒蕾ぃ春τ粿ア穨薄猵ア穨τ烩侯穿パるκ﹙ど︓さ戳窾﹙糤碩禬筁きΘ

и璶弧拜肈腨┦ぃ度琌糤碩籔ぶτ琌現┎┛菠烩侯穿碩糤瞷龟薄猵ゼ穦褐秨や拜肈弘衡箇衡璓êㄇ綼稬痢侯穿筁ρ產ぃ眔肂矗蔼眖τэ到瞷ネ借

よ現┎临秨﹍硓筁糴烩侯穿ρ產ず瞒翠ら戳玱癸硂ㄇρ產洛励秨や┯踞瘤礛и耕Ν玡纯セЫ矗某璶―翠┎癸秏ρ矗ㄑ洛励よや穿τ眔Ыずㄆ璓觅Θ現┎Ν穦褐竝Τ璸购倒侯穿ρ秏﹚﹡逼さΩ癩現箇衡ず玱ぃ現┎Τ莱箇痙秨や场だ現┎癸ρ龟借惠璶簔ぃ闽み龟瞏稰ア辨

ㄆ龟Τ闽翠┎る∕﹚篗綪癸侯穿ρ瞒挂るら癬龟琁赣穝現郸单拜肈瞷翠竑蛮よ常ゼタΑ碞穦ユ瑈и粄翠┎硂贺妮虫よ︽現惫琁ゼタ跌翠竑蛮よ秸拜肈セゼ翠侯穿ρ矗ㄑ﹡竑龟悔よ獽筃阶翠ρず癶ヰ

癸ρ程闽猔め膟洛励の﹡︘逼单拜肈翠┎膀セ蹦簔跌篈羛穦のチ羛癸獶盽ア辨胔好穝現郸Τ琁︽耕Ν玡Τず﹛そ秨借好硂ㄇず﹡︘ρや闽洛励疭琌ず洛励籔翠ぃ―禘斗"玂靡"眔洛励狝叭狦翠┎ぃ玂靡秏ρ洛励禣┪洛励玂繧и玥だ胔好Τ闽現郸︽┦㎝龟悔狦

瞶畊癩現箇衡讽い絋龟Τ┮よ︑眖箇衡そガ穦ぃ比癬"現┎圭璶皊ぃ璶ρ"у蝶τ临ぃ耞Τ㊣苸現┎糤侯穿肂羘Τ糤200じΤ糤300じΤ糤500じぃ单贺贺璶―

セ瘤礛ぃ稱ノ"Χ皊ψ隔Τ癌"ㄓ甧硂癩現箇衡現┎莱ちタ跌拜肈㎝秆∕拜肈и-

羛穦常粄侯穿莱糤︓戈い︗计だぇち龟秆∕砲產畑のρ產ネ挂ㄏㄤ笷璓瞶キチ羛耕Ν玡矗辨現┎浪癚ρ現郸のㄣ砰狝叭某眖癩現纗称い挤150货じ砞ミ"ネ借膀"ノ膀щ戈–烩侯穿ρ產,–る矗ㄑ500じ瑉禟э到ρ產ネ借埃ぇΤのㄇ闽猔ρ拜肈チ丁刮砰常矗贺妓э到侯穿ρ褐某τΤ闽禗―ぇ羘ご礛ぃ荡

瞶畊瘤礛種ǎぃ荷よ猭Τ瞶沮琌よㄣ砰ヘ夹常睲贰絋常琌э到ρ褐ㄌ耴ぃ辨現┎"滥淮チ"Θ""縩癩碔癩ィ現┎и瞏獺瞷現┎琌Τ秈˙┯踞┪皍秖э到ρ產褐程瞶畊セ港種辨碙禥癩現纯疆舦ネの現┎Τ闽场ダ﹛癸ρ產ㄇ稲み闽みㄇや㎝腊

瞶畊セ略朝勉

霉璓某璓勉瞶畊さиぃ佰簈矗拜肈琌赤㏑現┎蹦︽笆さ会┋笲  ρ產㎝現┎┋笲  さ⊿Τρ產┮ê簈иさ佰ぃぃ筁︑眖さ癩現箇衡"膌"и钮ぃу蝶"ó反"┪"褐琌弘緙"ゑ畴и钮璶у蝶琌硂琌掇癩現箇衡

–讽и钮Τ現┎﹛酵さぱ翠穦褐琌琍狝叭иぃ窽Τㄇ"癬"ㄓ箇衡い臔瞶ρ皘琌稬糤︓盝︗τタ近临环禬窾ㄓ倒ぉ弘痜眃確戳臔瞶皘⊿Τ糤瞷近硂きκ盝︗澈Τκи临ぃ氨灿计兜穦褐狝叭祏薄猵и材稱钩ゑ畴琌翠瞷穦褐狝叭戈方キ琌で材せ痁皑ぃе皑聾狦臭阜

癩現箇衡そガ玡Τ肚碈ゴ钮ㄓ穦褐秨や糤碩ぃì10%и讽Ω莱琌ぃ產畑の穦拜肈粿糤Μ顶糷砲絘てら痲腨虫琌侯穿糤ㄏㄤち穦褐狝叭ぃэ到糤碩獽Τ11.5%狦ㄤ狝叭糤碩發兜惠―糤ぃヴ︙借э到┪琌近丁罽祏俱砰秨や程ぶ璶糤14%狦糤碩10%穦褐狝叭癦ぃ琌硈狝叭惠―糤碩發ぃ酵ぃ搭ぶ狝叭祏薄猵さぱ穦褐秨や獽タ琌癴︽︵ぃ秈玥癶ぃ┋琌и岿肚碈┮眔澈琌"绊"

и甧さ癩現箇衡い穦褐场だ琌"縲计"箇衡るミ猭Ы癩叭〆穦肂挤蹿ビ叫琌ノ莱侯穿糤讽現┎┮矗ㄑ计せ︓侯穿秨や琌73货瞷и-

箇衡计澈ぶ货Τぃì70货よ現┎︳璸ㄓ侯穿穦糤20.7%τ秨や玱糤11%現┎玡羆︳侯穿秨や澈笷10货ぇи穦褐讽礛フ狦現┎ぃ"縲计"璸ì侯穿秨や糤ぃㄤ穦褐秨やぃ穦Τ睝糤俱現┎场常ぃ穦Τだ穝戈方糤或產┪砛临癘眔きせる丁讽現┎吭高ミ猭Ы某Τ闽︓癩現箇衡癩現禗и-

︓獽Τ8货じ穝戈方だ倒俱現┎场狦現┎ぃ︳侯穿秨や10货じ玥ㄓ現┎场獽穝戈方常⊿ΤΤ癘狟ね拜ии琌莱砰教現┎"縲计"璸岿计ぃ莱"縲脄"現┎璚癑㎡琌ぃ︘иゴ戒現┎Ν边璶ㄓミ猭Ы癩叭〆穦碞侯穿ビ叫干挤蹿10货じ

иョ蠢現┎衡衡ㄓ兜穦褐狝叭惠―︳璸非絋祘挡狦產常︳璸眔だ猂挡狦琌或現┎︳惠―糤庢ㄒㄓ弧筁┕3侯穿糤碩キА︳笷10%さ┮︳璸20.7%琌穦列滦箩︳10%㎡

さΩ癩現箇衡ㄤい程闽猔タ某矗琌ρ侯穿ミ猭Ы荡场だ某常粄ρ侯穿莱ぉ糤讽現┎畐┬""ρ侯穿澈だ睝ぃ糤ぃ极㎡硂иぃ窽胔好癩現琌–边常Τㄇ纗称蝗ㄓ槛遁㎡

現┎禗и-

硂癩現箇衡竒ぃノ睝だ璶ρ侯穿糤–る300じ獽璶眖ㄤ兜ヘ3.6货じ畐叭ョ纯禗и–秨や箇衡粇畉1%狦さ俱砰2,000货秨やㄓ璸衡1%粇畉獽Τ20货じì–︗侯穿ρ–る糤1,600じ

ョΤ肚碈厨笵Τ現┎﹛粄チ囊箇衡Т矗糤ρ侯穿300じ琌Τ種螟現┎и-

ぃ璶а癘癩現箇衡いや场だ琌⊿Τ珹ρ侯穿200じ琌窥の–320じユ瑉禟琌現┎硄筁箇衡ミ猭Ы癩叭〆穦ビ叫干挤蹿

癩現箇衡そガи祇獺倒ミ猭Ы某埃畊ぇ㊣苸︗某蹦龟借︽笆ρ侯穿э到и辨ミ猭Ы現囊のㄆぃ璶а癘き膙匡场だ現囊㎝匡常璶―э到ρ褐の侯穿讽и-

さぱ临琌ミ猭Ы某ぇ悔酵或璶―るら疭跋現┎糤侯穿獽Τ崩砫ヴぇ尔硂ミ猭Ыい璶―現┎э到ρ侯穿Τ丁狦さぱミ猭Ы某临琌い弧糤ρ侯穿τぃ蹦龟借︽笆琌獽莱喷Τㄇу蝶ミ猭Ы某"唉約"㎡иぃ辨ǎ現┎Τ緇τρ侯穿玥糤礚絫

瞶畊セ略朝勉

產不某璓勉瞶畊

穦璸à 冠ほ舱

虫眖穦璸àㄓ颗秖︓癩現箇衡计絪籹衡琌"冠ほ舱"

计璸禬箇衡緇瘆魁ゼㄓ箇代沫旅伦玴纗称ì镑羆秨綪癸㏕﹚戈玻щ戈癩叭璽踞┮逞ぃΤ禪┪礛璽杜ご矪帹ぇず瓣悔獺禪蝶だ尿玂ヒ单キ

砰ㄓ弧翠現┎瞶癩よΑì獺苦疭跋現┎钡も盢穦琌胺眃戈玻璽杜㎝俱甅铆胺癩現Μや

ぃ璽┮癠 甶环春

翠策篋㎝ネ癩戳辨癩現籔いよ痷港镑絪籹阁禫弧琌翠甶辨环春箇衡現┎诀闽蝴タ盽笲そ瞶癩㎝磕癩叭絛氓┮Τ膀セ現郸眔キ铆筁寸璶环膀璸购Νら辅龟

癩現ぃ璽┮癠の璶筁寸ㄨ翠癳㎝铆﹚竒蕾"獺"カチ㎝瓣悔щ戈常璓み

Щ芠羉篴 稬芠璚

Щ芠竒蕾セ癩現箇衡┮甶ボ琌羉篴春禜俱砰薄瞶箇衡玱妓発ぃ筁癬┘辅は癸羘Щ芠竒蕾羉篴春禜ご籠ぃ︘稬芠チネêㄇご礛珺琌砲龟猵

穦惠―タぃ耞璴ネ簍跑琁現も琿ョ礚絘舱跑て璶箇衡硂絛瞅珼肈ヘㄓ琁現獀溃ヴ︙薄猵ぇ常弧琌は磝瞶蝶基﹜眖箇衡Щ芠皌癬翴ㄣ砰某讽礛莱赣矗ㄓ臛阶笷栋約痲狦玱ぃ莱淮ノ絃﹚箇衡瞶パ

瑈瞷 翴簑ぃ簗

癩現そガ癩現箇衡讽ぱセ纯"瑈瞷翴簑ぃ簗瘤礚佩尺狤礚紐"16蝶基ㄓ莱

現┎碔禥︹杆箇衡ず陪臩礚框300货緇3,000货纗称模泊谨胔好現┎鞬癩笆诀㎝蔼佰"临碔チ"港種

癩現癸ず糤緇㎝纗称谋眔ぇ礚穃箇衡い"挪贺贺ずぃ......琌ノ莱芳猙獴......"ㄓ臛弧惠璶蝴胑纗称
さ箇衡そガ玡琍戳タ瓣悔砯刽膀穦翠瓣癩竒烩砈常璓癸翠竒蕾玡春ぉ贾芠蝶候钡箇衡ョЧэ跑┕砮阶秸瞣眏まノ臟隔祇甶郸菠惠璶猔戈ㄓ痢畓被臔

玡16货纗称琌続粄璹151货琌続筁跑Θ317货琌タ絋度度12るず現┎ノぃ瞶パ㎝ぃ夹非耞緇キ続祘硂ㄇ薄猵セ谋眔螟︑蛾ㄤ弧⊿Τそ秨㎝そキ睲捶玥カチ琌螟瞶秆㎝耞現┎︙琌候琂﹚現郸τ︙"砱眔礚菇"㎡

浪癚祙Μ 眏膙

薄猵セ舧癩現矗癸眔祙浪癚虏て祙㎝眏犁坝膙絋ヘ夹セョや秈˙搭淮い单祙祙叭璽踞硂よ某現┎莱眖硉璹瞶現郸玂羆纗称瞶キ

ㄤ龟盢琌诀粄痷浪癚現┎Μ场だ瞷現┎材Τ胑纗称材現獀好納竒膀セ埃材穝Μㄓ方穝祙肂芥Μ痲穝诀初щㄏノョеΤ戈"泞"現┎竒盽┦Μ盢ぃ""獂垒"ア北"˙

現┎瞶癩い秨や场だ砏絛腨略秈癶Τ瞏到瞶癩苂洁癸ㄓ弧瞷Μ场だ獽陪眔琌"繦種垒Μ""ǎ窥秨泊"

セ戳辨現┎浪癚Μ场だ璶猔種ぃ筁だㄌ苦芥の籔Τ闽Μ沮参璸计現┎芥干基祙畉昏㎝祙单よΜ羆肂俱砰Μ筁ゑㄒ

︓繦穝祙㎝肂芥Μ痲糤現┎ㄌ苦硂ㄇㄏ"跑祙"薄猵盢腨眔猔種琌ぷㄤ竒蕾猧笆┪現獀︓︽現耑常穦癸㎝穨基篶Θ≧阑硑Θ碩辅繧Ы糤癩現Μぃ铆﹚┦翴ぃぃň

纗称 緇蹿到ノ

現┎璶縩絓ň娜瞶パぃ碭翴

(1) 現獀ぃ铆﹚蝴臔翠じ蹲瞯

(2) 膀祇甶

(3) Μぃ铆﹚

瞏だ猂瞶パ常ぃ衡だ蝴臔翠じ计货纗称獽陪眔稬ぃì笵ぃ璽瞯ㄓ猌竟の籔ㄤㄈび跋砯刽羛呼ㄓ眔龟磃

膀祇甶戈ㄆ玡箇璸丁Μ北︑翠┎禪伐ぶ獺臕▆繦艶笆ノ続秖禪蹿︓Μ現┎祙方Μ約溜蔼瞯紉祙ョΤ胺猭や穿ㄓ玂毁祙方

瞷薄猵ㄓ瞷戳碩祙Μ搭ぶ诀穦ぱよ糜40ㄓ秖莲穕瞷筁5Ω荡ぃ瞶パ玂ㄢ現┎竒盽秨やキ纗称

箇代ǎㄓご礛穦尿Τ穝祙方竒盽┦緇ご穦ぃ耞瞷現┎龟莱ぃ縀硄等玡矗続讽τち龟辅龟"临碔チ"腹

砞ミ膀 临碔チ

セ粄玂痙そ秨や2600货纗称琌伐玂瞶キㄤ緇900货じだ3璶场だ砞ミ贺ぃ膀祇甶膀ρネ玂毁の獵承穨ぇノ矗蔼カチ︑弘㎝竒蕾ㄣ砰某

(1) 臟隔祇甶璸购箇痙500货じ

(2) 300货Θミэ到ρネ借膀ㄤい纔σ納猔戈眏┦癶ヰ玂毁璸购羬癶ヰ莉眔干禟笷璓程–る2,600じ癶ヰ礚斗ㄌ綼侯穿
硂璸购矪琌癶ヰ玂毁璸购秨﹍ミㄨ矗ㄑ程玂毁瘤礛癶ヰㄑ蹿戳祏干禟Αごぃア砰瞷よㄑ蹿弘

环ㄓ弧繦ㄑ蹿戳秈糤干禟计肂盢硋亥搭︓箂┮ぃ莱衡竒盽┦秨や场だτ耕舥戳ョぃ穦縀硄等硋亥搭侯穿溃緇ご璶烩侯穿ρ產眔耕伦玴ネ瑉禟

(3) и辨100货じ承穨膀н獵┪戈ぃìカチ承穨承穨膀临籔蚌癡璸购が干冈薄琁現厨臛阶い矗の┮ぃ仑瓃и琌稱眏秸承穨膀瓣ョΤΘミτ戳ㄓ弧埃糤穦竒蕾㎝躬纘カチ︑弘ぇ琌Τ瓜獶竒盽┦秨や

и┮级瓃膀阀├常琌才Τ戳獶竒盽┦τΤ戳竒蕾祇甶㎝"临碔チ"硂4篶环ㄓ弧眖カチもい承硑↘τぃ耞竒蕾琌蝴翠じ龟ㄎ玂毁ウゑ癬╆秖縩籛甧г–玂щ戈郸菠τ盿ㄓ龟悔禨ゲ礛狦ぃ纔秤碭砛

ネ计 礚踞

и祇ē阶の搭祙確竒盽┦Μや璓キ颗Θミ膀盢セ羢竳纗称硋˙"临碔チ"程惠璶矗琌翠ネ计笷祘Θカチ礚踞

現┎–Ω祙搭祙Жみ顶糷常琌程紇臫竤-

埃搭祙τ磃ぇョ穦祙τ甡ㄒ畉昏㎝═猳祙单癸い单Μ產畑紇臫程钡現┎ぃ︑谋丁"パも-

峨窥砋τオも玱皑鼻ǐ"弧┏眔痲琌だΤ

瞷加基蔼龟琌ネ程璶ぃ侯穿璶σ納匡拒ず癶ヰぃぶい玻顶糷瞷妓璶癸砆瞒翠癶ヰ匡拒

硂羉篴璉渤翠癪膍ご礛ぃ翠ㄉ边ネΘセぃ耞蔼害Τ计窾璸翠瞋砲壁ぃそキ穦瞷禜現┎ぃ"拷砏变繦"Г跌ぃ瞶顶琿

パ丁Τ侯穿毙▅の褐竒禣兜ヘセЫ竒臛阶Ωセ弘やぃゴ衡"睰猳綥"

穨 烩谅莱

さ箇衡癸穦璸┮矗種ǎΤぃぶ縩伐莱珹羱祙い娩悔祙挡篶璹箇Ι祙Ι搭单セボ舧

セ逼ぇу穨ずそ癩叭盡產ョ㎝畐叭˙钡牟碞︙硄筁莱璸穦璸(accrual accounting)Αㄓ糤そ眀ヘ硓㎝非絋┦ユ瑈ㄇΤノ種ǎ程沧辨栋約痲矗蔼だ皌㎝恨瞶そ┊瞯㎝拜砫┦

瘤礚佩尺 狤礚紐

箇衡候や郸菠タ絋瘤ゼカチ盿ㄓび佩尺玱キ龟い瞷セ翠栋砰癩現龟翠稰狤礚紐

現舦筁寸戳丁陪獶秖э続讽诀琂礛み祔玂Τ︙Й

"铆琌▆郸"硂琌癩現箇衡筁闽猭腳カチゲ﹚教秆癩現さ︙ゼ荷ǎよ約褐璚癑璝獶箇衡ョゼゲ淮禫筁い璣羛羛蹈舱硂闽

瞶畊и略朝勉や癩現镑抖硄筁ミ猭Ы硂材闽琵Τ獺み邻筁羬ミ穦材闽

讲蚌某璓勉瞶畊セ癩現箇衡琌パい璣蛮よ坝癚絪籹ウ绢阁翠現舦簿ユㄢぃ琌疭癩現箇衡癩現箇衡い纯礷まノ膀セ猭兵ゅㄓま靡硂箇衡だ砰瞷膀セ猭┮结ぉ翠"Τ穦きぃ跑"弘絋玂セ翠癩現瞶癩現郸蝴ぃ跑硂癸眏翠㎝瓣悔щ戈獺みΤ馋矪硂箇衡ぃア糵稸铆胺臮よ痲箇衡

現┎癩現箇衡︽р秨や籔竒蕾糤本恥瞶癩玥絋玂Τì镑Μ莱秨や┯踞磷í箇衡硂琌眔や翠┎璶Μㄓ方いΜの祙单ぃ铆﹚祙Μ会ゑ瞯セ翠祙膀ゑ耕疷セ翠琌戈方跋セ翠竒蕾┮ㄌ狝叭穨㎝磕穨癸猧笆珿蝴耕伦玴纗称莱跑琌瞶秆疭硂獶盽戳癩現箇衡Τ伦玴緇癸翠キ铆筁寸癬璶ノ礛τ璝畐┬戳局Τ筪肂緇ぃて衡絋玂翠薄猵铆﹚薄猵獽莱р筁緇щ膀┬毙▅のн坝穨单环璸购硋˙э到チネ旅碔チ

瞶畊セ癸癩現セ糤砞ㄢΤ闽┬の狝叭穨盡砫舱ボ舧┬拜肈琌も荐拜肈縆荐加基鰐ど︓"蔼ぃ胟"˙蔼加基蔼蔼硄等钡ゴ阑チネ腨獻籯カチネ借玃ㄏ畓墩竤砲絘てセ戳辨硂パ癩現克︑参烩パ碭∕郸把籔舱Θ盡砫舱碞秆∕セ翠┬拜肈絋絋龟龟璹ㄇ过┏Τ惫琁τ獶チτ暗翴ひ戳辨現┎镑Τ∕み过┏皐癸ㄇㄓ篶Θ蔼加基ど膀セ璹皔┏┾羱現郸暗硉糤挤肂糴縩ゑ瞯硉砍そ犁┬キ颗┬ㄑ―拜肈筀ы加カ琵加カ胺眃祇甶

盢笲盡砫舱ョ琌パ癩現钡烩旧盡砫よ獽犁坝㎝崩約狝叭穨ㄢよき狝叭穨セ翠セネ玻羆83.8%ㄏΙ埃そ犁场ョ72.8%ヘ玡セ翠–4骋笆い獽Τ3眖ㄆ狝叭︽穨狝叭穨ョ竒蕾挡篶锣籹硑穨ア穨矗ㄑ碞穨诀穦ǎ狝叭穨癸セ翠竒蕾璶┦礛τ场だ狝叭︽穨Τ簿镣墩セ翠竒蕾盢羬锣セ戳辨硂盡砫舱镑臮の硂よ祇甶ㄏ狝叭穨Τ崩笆セ翠竒蕾祇甶镑碞穨

瞶畊跌セ翠狝叭穨祇甶и-

ぃ┛跌セ翠穨セ翠ゲ斗跌祇甶蔼мの蔼穨硂ㄇ︽穨ヘ玡砆ㄈ瑆ㄤ"纒"环环┻瞒セ箇衡翠┎箇戳盢笆ノ4货じ秈︽厩堕材戳祘羆衡盿ㄓ﹚笆パ筁10翠┎穨現郸の矗ㄑ祙叭纔磃ぃìセ翠硂ㄇ穨矪癬˙顶琿场だ穨パ戈τぃ祇甶瞶畊セ某現┎砞ミ贺膀н穨祇甶禪蹿╯蔼м穨ㄣΤ蔼糤穨祇甶╄綪籹硑穨ら亥典罽┮盿ㄓ竒蕾癐癶の矗ㄑ碞穨诀穦

瞶畊瞷и稱膥尿酵酵碭翴闽チネ璶拜肈

祙叭よ

癩現セ箇衡い矗兜搭祙某琌眔舧疭琌祙よさ癩現抖莱チ種р羱祙祙肂矗蔼︓11.1%ゑ硄等蔼ㄤい虫克產畑端摧㎝秈祙肂碩矗蔼70%埃矗蔼祙肂娩悔祙顶の娩悔祙瞯ョ糴肞秸俱Τ21窾盢発瞒祙呼癩現硂某膀セ琌舧环τēи-

莱ㄨ牡抱パ祙呼筁灿の祙膀筁盿ㄓ祙Μぃ铆﹚狦疭跋現┎﹜続讽浪癚瞷︽祙

瞶畊癩現╰搭祙惫琁㏕礛眔舧и-

璶拜硂ㄏセぃ祙呼顶糷Τ︙眔痲㎡-

璶ぃ琌搭祙τ琌現┎縩伐籹硑诀穦琵-

э到ネ吏挂の碞穨兵ン珹耕ㄎ碞穨诀穦-

矗ㄑ▆毙▅の垦ネм癡絤-

︑ネ叉瞒砲帹︓Θ祙

セ辨疭酵酵畉昏よ畉昏紉Μ瞯瘤パ5.5%搭5%パさ盢︳畉昏︘加莱揭畉昏キАど23%紉Μ畉昏盢搭龟τ紉Μ畉昏ぃ虫碔璶絘璶︘そ糷璶現┎秖纗称緇常璶︙旅碔チ㎡現┎虑加基ど蔼莱揭畉昏ど龟︽"睫泞"パる秨﹍刁の穝跋斗煤讽畉昏3%祙硂カチκょ琂礛現┎弧络﹚そぃ穦籔カ本恥珿辨現┎秸俱そぃ璶р畉昏糤碩いぃ璶そ﹡チ璽踞痷タ暗旅碔チ矗蔼糷カチネ借

毙▅よ

セ毙▅竒禣秨や盢笷κき緇货疭癸膀娄毙▅よ挤蹿Τ耕糤碩ゑ┕絋Τ秈˙窾蔼加眖癬狦い厩毙▅膀娄ゴぃ厩拨穨ネョΤ秖礚借珿さ現┎р毙▅竒禣挤い厩陪礛琌癸翠秈羛伐ぇや辨盢ㄓ蚌緄借耕蔼矗蔼セ翠戈方俱砰借

穦褐よ

瞶畊程セ矗矗渤闽み穦褐拜肈俱箇衡程窾渤ア辨馋筁夹非侯穿のρ侯穿硄等莱秸俱⊿Τ矗蔼肂硂琌だ框狙疭琌Τ闽ρ狝叭よ現┎щ戈方びぶ現┎莱Τ砫ヴ酚臮硂ㄇ纯翠羉篴癪膍ρ產琵-

边ㄉ羉篴Θ狦框狙琌翠┎⊿Τ跌硂拜肈

程セゲ斗璝現┎⊿ΤЧ俱穦現郸ㄓ秆∕糷カチ砲て拜肈ア穨拜肈の砲ρ拜肈糤穦褐秨や秆縐ぇτセ翠瞷矪瞏ㄨ竒蕾穦锣惠璶現┎蔼陇环苀璹环砏购箇衡ま旧穦抖祇甶骸ìэ到チネ﹡贾穨Щ瞶稱硂ヴㄓ辅疭跋現┎ō

瞶畊セ略朝勉や某

法У地某璓勉瞶畊┮︓癩現箇衡琌ゑ耕玂箇衡籔癩現箇衡ゑ跑笆ぃ癩現ョΤ钮の钡ぃぶ現囊矗某翠邻秈穝ㄨ弘み籹俱砰ㄓ弧渤钡筁寸戳癩現箇衡

纗称の緇

癩現弧и-

斗臟隔祇甶郸菠箇痙┮惠戈方瘤礛祇甶郸菠龟悔肂临ゼ絋﹚セ粄癩現ぃノび筁踞み硂兜щ戈埃現┎穦Τㄤ╬禪祇︽杜ㄩ单栋戈よ猭礚斗パ現┎虫縒瞷猔戈┮礚ゲ璶虫赣兜ヘ玂痙胑计κ货璸纗称

覆靛皊祙

さ癩現箇衡秸覆靛皊祙τま癬ぃぶ阶蛤癩現妓ぃぶ纯竒иは琈翠┎紉Μ90%覆靛皊祙龟び蔼珿搭祙琌瞶璶痙種琌癩現ぃ琌ノρ褐窥"禟"都覆靛皊翠┎覆靛皊祙┮眔Μ籔胑侯穿やセ礚猭ゑㄏ篗綪玠搭覆靛皊莱揭祙珇祙┮眔窥ノρ侯穿ぃ筁琌"狹ó羱"

セЫΤぃぶㄆ常纯睲贰癩現ボ莱赣秸覆靛皊祙瞯甧砛и硂矗眶êㄇ纯竒癸癩現笷瓃種ǎㄆ癩現测钮钡產種ǎ珿叫產ぃ璶"圭腀搭覆靛皊祙常ぃ糤ρ侯穿"ㄓ┽阑癩現覆靛皊祙籔ρ侯穿ㄢ⊿Τゲ礛闽玒︑パ囊ョ粄現┎莱赣厨êㄇр獵琄癪膍倒穦矗蔼ρ侯穿︓–る2,700じぃ筁秸覆靛皊祙籔糤ρ侯穿琌ㄢぃ兜ヘぃ莱矗阶

玠搭覆靛皊祙琌竒筁笴穨疭琌皊┍穨ㄓΘ狦笴穨沧現┎∕﹚р覆靛皊莱揭祙珇祙パ90%秸︓60%τ庢狹紋翠瓣悔禩磕㎝笴いみ覆靛皊のㄤゑ耕疨皊竒ぃ琌瓣┪Τ窥盡の竒盽ネ種甧獽ゑ耕翠籔綟跋皊基ぷㄤ琌讽瓣ㄓ翠祇瞷覆靛皊扳基蔼-

穦粄翠坝┍垦忌τぃ秆琌膀祙闽玒獽穦穕甡翠瓣悔丁禜р覆靛皊祙秸︓ゑ耕瞶キ琌莱赣瞶パ現┎ョ莱σ納秸フ孽㎝б祙瞯

洛励

現┎洛皘痝狝叭安戳獶候痜玡┕―禘τ筁だ澜︓砆垒ノ讽いぃぶ痜琌セō╬產洛ネヰ砆锣┕現┎洛皘―禘

パ戈方ぃì徖ネ竝禘狝叭ぃ安ら矗ㄑ狝叭и辨現┎矗ㄑì镑戈方倒徖ネ竝ㄏ安ら酚盽矗ㄑ禘狝叭覸絯洛恨Ы妮洛皘安戳澜薄猵痜笵Τ痝τぃ睲贰禘狝叭┮埃徖ネ竝箇称兜莱跑のэ到惫琁иョΤ矗某

ラ皊┍の穦甶いみノ耕蔼戈干禟躬纘禬┪羬璶琌臔のゅ戮蝴边丁ご礛Τ﹚狝叭

籔洛叭〆穦躬纘╬產洛ネ痜矗ㄑ安戳ご矗ㄑ洛励狝叭綟徖ネ竝禘┮の犁穨丁ㄏ痜笵埃痝临ㄤよ―禘硂ㄇ惫琁穦安ら龟︽珿莱赣ぃ穦穖╬產洛ネネ種

洛恨Ыさ眔挤蹿ゑ糤6.4%耕セ翠竒蕾糤瞯蔼ㄤい羱筍の褐羆肂澈蔼笷ㄤ羆Μ83%环禬ㄤよ羱筍の褐ゑㄒ蔼钡ㄏ╬產洛皘矗蔼Θセ"οをοō"玥痜常"辨╬產洛皘τ玱˙"常锣現┎洛皘―禘ㄏㄓΤ璽踞╬產洛皘禣ノ籔êㄇ龟や稧現┎洛励狝叭痜ノΤ戈方だガぃキАタ讽"媚だ禥"ぇ摸虑盽砆垒ノぇ悔洛恨Ы妮洛ネの臔单戈㎝褐玱ゑ耕璣瓣瓣临蔼ㄤ羆やΘ叫拜現┎硂琌ぃ琌胺洛励

︑パ囊ョ粄現┎莱赣倒ぉい洛のい媚╯﹚挤蹿い洛翠祇甶ㄏ硂纔▆い瓣肚参м砃眔玂㎝祇甶硂ョ琌程盢ㄓ翠洛励ゲ礛镣墩現┎璶痙種琌σ納挤蹿戈い洛蹿兜ㄓ方╯澈琌眖セ倒ぉ﹁洛蹿兜いΙ埃临琌掸穝糤挤蹿糤洛励秨や︑パ囊辨現┎のΝσ納硂拜肈

穝诀初Μ禣

穝诀初箇璸る秨﹍币ノ瓣悔チだ踞み诀初恨瞶Ыタ非称碩矗蔼穝诀初辅禣ゑ瞷币紈诀初Μ禣程ぶ临璶ㄢ┪礚好穝诀初絋ゑ币紈诀初糴蓖の矗ㄑ妓砞琁の狝叭ぃ筁硂ぃ秆睦碩矗蔼Μ禣诀恨Ы硂妓暗穦搭畓翠ま瓣そㄓ翠の翠跋┦いみよ穦矗蔼そ竒犁Θセ紇臫ㄤネ丁產ぃ璶а癘翠ㄤい丁Θ瓣悔そ娩悔柬ョ琌犁穨肂7%ㄤ场だㄓ翠帹そ柬稬︓琌莲籯

碩矗蔼诀初Μ禣ョΤ笻膀セ猭材κ兵弘"﹚続讽現郸玃秈㎝秸笴穨祇甶"の材κ兵"莱矗ㄑ兵ン㎝蹦惫琁蝴翠瓣悔㎝跋办いみ︗"狦诀恨Ы種﹖︽そ盢礚猭┯穝糤禣ノ穦禣Α锣儿程沧甡盢穦琌そョ穦σ納玠搭场だ祏祘痁狝叭蝴の北Θセ

诀恨Ы⊿Τσ納籔瓣悔癚阶-

ボ紐納そぃは癸ㄌ酚"ノ︑璽"玥ㄓ秸俱穝诀初Μ禣í濸à诀初Θらセ狥ㄊ㎝鹍Μ禣程蔼诀初碩琌そ┮ぃ钡瓣笴Θ兜翠舧笆瓣そ稦ョΘぃぶ翠ネ场だ诀恨Ы硂穦腨紇臫ぃぶ疭琌產碭綟跋笴

埃嘲禣そョ現┎Ωр-

р诀初瞒挂祙э"诀初狝叭禣"璶―竚ぇぃ瞶τ稰ア辨诀初狝叭禣ㄌ"ノ︑"玥рΜ禣ノэ到诀初砞琁Μκ窾⊿Τㄏノそ狝叭瓣祙蹿薄瞶常ぃそキ场だ瓣產常琌パ讽诀初恨瞶诀篶Μ诀初狝叭禣ㄓ竒犁и辨現┎穦í濸à诀初秨﹍币ノ玡р硂兜矗某︓癩現箇衡ず

瞶畊セ略朝勉や某

THE PRESIDENT resumed the Chair.
畊確穦某

币某璓勉畊タ癩現┮弧"琌獶盽疭硂翠穦庢猔ヘ今秈菌穝じ"惠璶絪籹琂┑尿瞷︽癩現㎝そ狝叭癸莱贺祇ネㄆン膀セ才い璣ㄢ瓣現┎璶―箇衡临璶臮セ翠穦顶糷惠―絪籹︓癩現現┎癩現箇衡は琈癩現のㄤㄆ-

焚禣秖

癩現箇代せ︓盢穦Τ151货じ緇硂耕ㄤせ箇衡ずㄓ︳璸16货じ緇瞷会畉禯既ぃ阶秨やよ虫琌Μ碞耕ㄓ箇代蔼10货じ戳肚ㄎ

るきら現┎╃芥﹁芖ブ龟悔Θユ基ゑ現┎︳基63货じ蔼88%程沧118.2货じΘユㄓ現┎璶タ程∕衡緇计芥Μ糤㏕礛尺琌パ牟祇留紐ぃ踞み

翠ぶ琌–猭﹚﹡セ翠ず簿チ笷き窾緇硂礚好セ翠穦毙▅︘洛励碞穨单よ溃虫碞┬カ初τē︘戳ㄑ莱ぃì玻坝縩﹡產砍現┎蔼基現郸㎝搭ぶ箇加カ初伐暗猭硑Θセ翠加基桂卖蔼畃腨叉瞒カチ镑璽踞キ

ゅ碔肝穦璶夹琌穦俱砰计莱赣﹡Τㄤ玥酵眔碔肝穦セ翠瞷龟琌κ窾ㄌ苦現┎戈﹡そ碭窾璶近计よ︘そ沮眡癩現セセ翠礚穨ㄓョ琌加基蔼甡ぇ癸硂贺猵и-

︙ゲ傍酵瞷Аセネ玻羆笷24,500じ竩喘藕Θ碞ぃ闽猔チネ痚璚σ納︙临碔チ盢現┎"ヌ臩"舩カチい顶糷だㄉ穦羉篴Θ狦

瘤礛┬るせらガ3翴闽加カ初穝惫琁╯澈癸筀ы加基怇︙贺狦临Τ丁浪喷渤┮㏄翠┎崩︽蔼基現郸琌加基蔼璶"秆筧临惠么筧"現┎莱砫礚禪のΝ蹦秈˙Τ惫琁糤ㄑ莱Т到恨瞶穨カ初ちづ┑粇诀ス獁獄瘆吊狦ぃ臭砞稱叫癩現稸ぇ稸ぇ

畊︓現┎穦挤453货じノ徖ネの褐よ竒盽┦秨やㄤい褐195货じゑせ︓褐挤蹿龟借糤9.4%硂籔龟悔惠―琌Τ禯瞒るら秨﹍翠┎–ゲ斗﹡翠180ぱす砛硈尿烩侯穿ρ簿﹡約狥現┎硓筁穦祇侯穿倒簿﹡ρ琌硂ㄇ"褐"⊿Τ倒Τ惠璶ρ盿ㄓぶ尺沮眡度Τ10%Τ惠璶ρ腀種把籔ㄤい璶琌現┎–る矗ㄑκじ夹非肂玱⊿Τ矗ㄑ计笷κじ洛励┬单疭瑉禟現┎琂礛挤蹿兜ノ穦褐︙癸硂ㄇρ┮惠洛励┬瑉禟ょょ璸耕硂贺跑玠搭ρ褐竖︽畖の癸渤刮砰璶―–る糤300じぉ侯穿ρ㊣羘癩現玱φぃ籇硂癸纯竒セ翠羉篴膍ネρ-

琌Τ穃㎡褐秨や莱ノ眔ㄤ┮の穿絋龟Τ惠璶產畑砰瞷穦闽胔︙ゲ掇跋跋ぇ计璉璽癩ィぇ

Τ弧"琌ㄈ瑆"τㄈ瑆祇甶み盢琌い瓣セㄓ耴ぇセ翠莱Τ縒疭纔墩竒蕾膥尿祇甶堡翠┎环ǎ㏕˙︑︽︑パ竒蕾旧カ初伐現郸⊿Τ笆ま旧玻穨祇甶мよщ戈环环辅龙瓣穝℡芖纒セ翠穨い穨咎ぇ祇甶蔼м蔼玻穨酵ぃ龟瞷籹硑穨どㄤ挡狦ゲ礛琌セ翠籹硑穨镣Α稬уΘ挡篶┦ア穨︓さゎ癩現┮弧ミ秈м膀娄ご矪膚称顶琿瘤礛厩堕材戳祘箇痙蹿兜箇璸ゼㄓ5笆ノ4货じ倒厩堕膚称〆穦冈灿╯祘兜ヘ瓾匡ㄑㄏノ甶秨Τ闽材丁穨мいみ璶秨﹍琁箇璸箂箂翠穨恏そㄑ盢穦场у穝穨恏ê辅Θパǎ翠┎琌砆笆糤мよ戈⊿Τемщ戈˙ワ辅秈︙笷砍м祇甶穨ヘ夹

и-

矪獺脄膙龟借琌膙翠尿羉篴Τ苦毙▅キ矗蔼セ猋饥現┎秨﹍跌毙▅穝ノ毙▅秨や禬筁450货じ耕せ︓龟借糤7.7%糤挤戈方э到膀娄毙▅崩︽ダ粂毙厩盢Τ厩ネ烩㎝Μ醚矗蔼厩策狦矗蔼蔼单毙▅借皘祇甶┮Θ禫厩いみ砞猭矗蔼厩ネ粂ゅ㎝ユ悔タ璹郸菠眏蚌癡㎝蚌癡莱惠璶癸иボ猋洁

畊癩現癸セ翠竒蕾祇甶骸獺み┮⊿Τ酵の碞穨拜肈沮﹛よ计せる︓る羬ア穨瞯2.4%τパ瞶厩カ厩翠厩3厩┮秈︽秸琩挡狦陪ボるセ翠ア穨瞯6.7%ㄢぇ丁畉禯琌参璸计沮よΑぃよ玱и-

篤臫牡牧窾ぃ︳碞穨拜肈块骋よぷㄤぃ肞祔Τぃ稸盢列滦箩︙猵竒蕾挡篶尿锣籹硑穨羱筍筀ы︓瞷璽糤ア穨の砲碔畉禯单拜肈琌穦ぃ铆﹚戳辨癩現镑タ跌㎝縩伐秆∕

菌锣跑–常莱翠羉篴铆﹚荷ぇみ霍簿戳辨癩現ぃヌ暗略稸瞶癩眀┬ネ玦ㄓ笲ノ癩м続讽笆ノ场だ纗称э跑チネ暗渤嘿箌そ叭ォノ窥癩硑褐标

畊セ略朝勉

眎▆某璓勉畊癩現そガ︓箇衡皊籔ρ侯穿Θ-

酵阶礘翴或-

璶璶―侯穿琌跋跋–る300じ糤τ璶㎝現┎秸皊祙矗阶㎡τぃ琌籔翠癩現纗称せκ货じゑ耕㎡иㄓ璶琌現┎砮現郸琌﹚ぃノ癩現纗称だ睝ㄓ糤ρ侯穿琌и-

穦拜現┎Г局硂或纗称ヘ︙

и-

現┎硂碭癩現纗称糤镣墩虫琌ヘ玡翠現┎癩現纗称筁碭琌铆˙糤せ︓竒Τ1,630货じ1 
筁碭倒ぉ疭跋膀ョΤ碩糤せる┏玥蔼笷1,112货じ2 酚翠現┎︳璸翠疭跋現┎Θミ讽膀Τ1,635货じ3ㄢ兜纗称翠穦Τ禬筁3,300货じ癩現纗称

硂κ货じ癩現纗称琌翠約カチΘ狦︙笲硂ㄇ纗称ョ琌カチ炊筂闽み拜肈и-

σ納Τ闽拜肈Τ穦弧笆ノ纗称戳戳ぃ-

瞶沮阀だ4よ

Τ粄ňゎ疭跋Θミ戳穦瞷ㄇㄤㄓ穦┪現獀笆历┮玂痙纗称琌ゲ斗Τ縩絓ň娜ぇノ

硂猭瞶疭琌疭跋Θミ狦ず瞷ㄇκぃ眔ㄤ秆ぃ眔み庢惫ョ硑Θ穦﹚候眎┮蝴﹚纗称琌ゲ斗硂量猭疉の璶拜肈╯澈璶玂痙ぶ纗称衡琌瞶㎡

и-

筁碭現┎︙矪瞶癩現纗称現郸せ〓せ︓せ〓癩現纗称非玥琌"癩現秨﹍癩現纗称莱ぃぶ赣箇衡竒盽秨や50%"〓︓き〓せ現郸琌"癩現秨﹍︑パ癩現纗称莱ぃぶ赣箇衡羆秨や15%"τせ〓︓〓跑"癩現秨﹍癩現挡緇莱ぃぶ赣箇衡そ犁场そ秨や50%"パ︓秨﹍現┎⊿Τ絋砞﹚ヴ︙κだ瞯琌"現┎ヘ夹琌环よ蝴ì纗称4

硂矗猭龟悔琌礚玥矗猭"ì"ぇ摸量猭だ芠狦и-

戳癩現纗称玥琌癩現纗称琌そ秨や50%︓そ秨や羆肂2,483货じㄓ弧5 癩現纗称莱琌蝴120货じ
ㄏ琌癶˙ノ耕玂非玥ノそ秨や100%纗称ㄓ璸衡и-

┮惠纗称琌货じヘ玡疭跋現┎Θミ龟悔羆纗称Τκ货じ癸ゑぇㄤ龟и-

纗称ゑ秨や珿縩絓ň娜ぃ莱琌瞶笲ノ癩現纗称候鉚〨

材弧猭琌笆ノ纗称穦旧璓硄砯勘等笆ノ纗称穦糤現┎そ秨やΤ盿笆硄等狦

硂弧猭瞶翠蹦ノ羛么蹲瞯礚猭蹦ノ砯刽現郸ㄓ北硄等ノ癩現現郸狦現┎竒盽秨や糤ョ礚磷盿笆硄等眖龟悔竒喷現┎秨や糤籔硄等礚ゲ礛虏て闽玒ㄒ︓き癩現現┎秨や龟借糤瞯璽糤2.2%硄等瞯糤碩玥蔼笷8.8%︓現┎秨や糤17.3%τ硄等琌8.8%6传ēぇ現┎秨や籔硄等礚﹚虏虫狦闽玒硑Θ硄等ョ珹ㄓ︑カ初禥そノㄆ穨Μ禣現┎Μ禣ど单琌カチの穨禣糷┮癸基溃┮笆ノ纗称穦﹚盿ㄓ硄等硂量猭ョぃ︘竲

材弧猭琌笆ノ纗称笻は"秖"玥膀セ猭材κ箂兵"翠疭︽現跋癩現箇衡秖玥"笆ノ纗称琌穦笻は玥

ㄤ龟硂弧猭籔笆ノ纗称琌皑ぃの約竡ㄓ弧癩現纗称琌ㄓ︑現┎Μ現┎Μ纗称︑礛や硂翴礚竚好"秖"玥膏睦癸翠現┎ㄓ弧獶Θぃ跑"秖"虏虫ㄓ弧琌ず︳秖現┎Μτや碩︳璸琌"秖"莱耕戳ㄓ箇衡の璸衡τΘτぃ莱虫癩現箇衡筁現┎纯竒量筁"秖"ぃ莱诀瘪Α虫τ莱羆璸俱い戳箇衡5箇衡ㄓ挡衡7ㄤ龟狦┮Τ現┎癩現箇衡﹚暗Μやキ颗┮孔秖杠呸胯セ琌礚惠璶Τ纗称τ纗称ヘ琌箇称Τぃぇ惠ぃぇ惠獽璶ノи-

粄ぃ莱"秖"瞶沮ㄓ弧硂纗称ぃ笆ノ

贺弧猭獽琌笆ノ纗称穦笻は膀セ猭材κ箂兵いΤ闽癩現箇衡籔"セネ玻羆糤瞯続莱"砏﹚τ笆ノ纗称礚磷穦糤や禬禫竒蕾糤瞯碩

硂弧猭ぃΘミ狦и-

膀セ猭硂兵﹚璉種ㄤ龟膀セ猭紉―種ǎ絑硂兵材κ箂き兵材琿癸現┎秨や﹚硂妓獽琌"翠疭︽現跋癩現箇衡Μや糤瞯璝癩現ずぃ禬筁セネ玻羆糤瞯玥"

ㄓよは癸ョ珹翠現┎種ǎ膀セ猭碞ノ瞷"籔セネ玻羆続莱"硂妓硂兜璹琌ㄏ箇衡﹚Τ紆┦ョ甧砛現┎竒蕾ぃ春蹦ノ糤現┎秨やよ猭ㄓ縀竒蕾┮膀セ猭硂兵獶琌诀瘪現┎秨やㄆ龟瞷現┎秨や糤瞯ョゑ竒蕾糤瞯蔼

畊琂礛﹚笆ノ纗称暗猭ぃ︘竲и-

碞穦拜╯澈莱︙笲ノ纗称瞶莱赣或よ笲ノ纗称癸㎡и-

粄ぃ莱虏虫┮孔钡纔磃ㄒ窥よΑ倒カチ獽衡и-

粄纗称莱ノ眔ㄤ┮莱赣ノㄇ帹τΤ痲翠穦俱砰祇甶よㄤ龟Τ闽笆ノ纗称阶и-

︽材˙獽琌ㄏノ硂ㄇ纗称現┎瞷せ癩現纗称厨瞯Τ5.72%ㄓ璸衡8狦笲ノκ货じ纗称–Τκ货じノ硂ㄇì˙翠盢ㄓ璹Τ現郸ㄒ毙▅

翠程跌琌诀穦癸炊筂カチㄓ弧诀穦ぃ虫ゎ琌瞷穦吏挂┮结ぉ诀穦璶琌-

硓筁毙▅戳ゼㄓ-

穦瑈笆よ┪祇甶よ┮眔诀穦筁碭セЫぃぶㄆの穦常璶―現┎眏毙▅よщ戈疭琌膀娄毙▅辨镑硓筁毙▅よщ戈ㄓ矗ど翠膙琌Τ毙▅よ拜肈ごゼ秆∕ㄒ筁セЫ臛阶纯竒矗筁膀娄毙▅厩ら畍戈厩︗て矗蔼粂ゅ厩砞称よэ到单ョΤㄇㄆョ常矗筁妓镑綿㏕瞷盡毙▅祇甶и-

癸竒蕾祇甶痷タ玻ネノ翠瞷毙▅竒禣セネ玻羆3.2%ㄤ龟琌辅綟ㄤ跋ㄒ芖-

毙▅秨や獽琌瓣チネ玻羆5.45%玭龙琌4.4%らセ琌5.8%穝℡琌3.4%讽礛и-

ぃ琌圾て诀瘪㎝ㄤ瓣產ゑ耕硂κだゑ琌翠ご礛毙▅щ戈よ暗ㄆ薄狦璶钩疭跋︽現﹛赋地ネ膙匡弧璶籔ららぇ祏и-

谋眔程ぶ莱龟借糤毙▅秨やセネ玻羆ゑㄒㄒ璝糤︓4%и-

獽穦ノ80货じ硂80货じ龟悔琌硓筁и矗の硂货じ纗称ㄓや

セЫㄆら常竒盽弧拜肈獽琌糤ρ侯穿ㄤ龟璶ノい10货じ獽盢ρ侯穿糤︓チ囊のㄤ某┮矗–る–ρ產Τ2,900じ硂侯穿肂狦ㄆら┮矗某˙糤ρ侯穿–る300じㄓ璸衡и-

惠璶ノ货せ窾じ┮计ヘよи-

琌荡癸璽踞眔癬

畊и-

獶眎礚笆ノ纗称р纗称硂ㄇ常琌カチ窥и-

羆ぃр纗称現┎畐┬ぃ禣だ睝硂ぃ才龟悔ョぃ才穦惠璶笆ノ纗称场だи谋眔琌︽材˙辨癩現粄痷σ納畊セ略朝勉

肅繟某璓勉畊翠タ矪穝侣じユ蠢舦耴翠承硑ぃぶ祇甶诀甶辨ゼㄓ翠ゲ斗暗环砏购だ祇甶钡珼驹璽砫ヴ現┎ぃа癘チネ褐矗蔼翠カチネ玂毁玃秈跋磕㎝祇甶

癩現︓矗篱年"現┎癩現箇衡"眖砏购現眏┦そ縩のㄇチ現ㄆ叭ㄓ硂癩現箇衡﹟衡キ铆闽猔チネ砏购祇甶よ玱菠尔ぃì

Т到砏购祇甶穝

畊癩現箇衡い矗の穦盿烩パ闽∕郸舱Θ疭盡砫舱╯ㄑ莱拜肈チ羛戳辨現┎σ納Τ闽拜肈莱赣縩伐秨祇穝約繦翠簿穝跋パ10玡ぃì200窾糤︓せ禬筁300窾癸珼驹翠莱σ納盢翴祇甶穝珿翠┎惠璶э跑ㄤ祇甶ノ硚肚参芠├眏秨祇穝戈方覸絯カ跋ぃì溃

ㄓ翠┎盢穝跋埃ノ盞祇甶璸购ぇ临箇痙63%穝笰穨の眃贾ノ硚眖戈方痲à硂礚好琌贺禣ㄤ龟场だ笰Ν烤翠┎﹛玱礚跌硂贺э跑碻侣璓Τぃノ翠┎莱禭╯ㄑ莱诀穝浪癚笰穨現郸р緇笰эㄤノ硚糤痲

膀現獀セ翠ヘ玡Τぃぶ娩挂跋砆购窽跋珹‵繷à辅皑盿繦翠舦耴硂ㄇ糴溜窽跋琌ご惠龟Τ浪癚ゲ璶翠┎莱ち龟σ納Τ闽某皌Т到砏购㎝皌甅砞琁硂﹚Τ祇甶

ぃ筁祇甶穝カ马の糤┬ユ硄笲块呼蹈皌ョぃ甧┛跌笵隔呼箇璸璽颤秖㎝笵隔砞璸ゲ斗皌环祇甶惠璶磷Ω瞷穝﹁跋ユ硄澜峨薄猵翠┎莱╒筁┕祇甶穝カ马岿粇タ跌︙秆∕穝カ马ユ硄Ы璓祇甶蔼甧秖栋砰笲块呼蹈р穝カ马籔カ跋硈钡癬ㄓ現┎瘤礛┕ユ硄砏购Τぃìぇ矪"筐筁礚"チ羛戳辨﹁臟隔Νら笆辨繦腹稦絬辅Θ币ノ穝﹁﹡チヘ玡┮ユ硄挂Τ┮覸絯

еカ跋矗蔼カチネ借

カ跋よи癩現箇衡璶―現┎碞カ跋щ戈方璹カ跋俱砰郸菠俱俱筁現┎カ跋よㄌ礛睝礚秈甶侣跋﹡チネ吏挂筐筐ゼΤэ到〆龟ア辨カ跋荡獶虫侣跋╊加加ㄏ硓筁τ糤坝穨∕﹚τ琌疉の狡馒紉竚竭纕の跋俱穦の現郸珿讽Ы絃璸购Τ郸购躬纘╬祇甶坝祇そ┬单诀篶縩伐把籔常カ盢螟Τ

チ羛戳辨現┎荷еΘミカ跋Ыеカ跋˙ワ眖τ侣跋﹡チ犁硑▆跋吏挂

玃秈恨瞶э到﹡︘吏挂

璶カチ﹡贾穨▆﹡︘吏挂琌ゲぃτЧ到恨瞶盢Τ秆∕カチ﹡︘吏挂拜肈框狙琌ヘ玡翠Τ30 500糽╬︘ㄤいΤ糽Θミ穨ミ猭刮羆计ぃìΘ現┎さ癩現癸恨瞶参膚舱挤蹿⊿Τ糤だ睝ㄏ現叭羆竝盢糤23羛蹈ヴョΤㄢ璽砫矪瞶籔Θミ穨ミ猭刮Τ闽ㄆ叭も戈方セ礚猭穨Θミ穨ミ猭刮

ヘ玡現叭羆竝┮矗ㄑ度妮癸龟悔猭刮笲腊ぃτ恨瞶┕┕疉の猭拜肈硂よ現叭羆竝玱⊿Τヴ︙チ羛玃叫現叭羆竝荷е碞猭刮よ浪癚糤もの戈方眏穨肚ざ残Τ闽猭刮ちㄆ﹜㎝穨Θミ猭刮

翠┎璸购璹縱恨瞶兵ㄒ眏穨ミ猭刮蝴玂緄舦ら璶场だ穨硄筁癸そノ场だ秈︽呗の蝴猭刮獽Τ舦秈︽祘礚斗场穨種チ羛辨翠┎Νらミ猭Ы矗ユΤ闽璹兵ㄒ玃秈猭刮恨瞶э到﹡︘吏挂

э到眏┦そ縩璸购玂毁沟舦痲

畊э到跋吏挂ㄏカチ﹡贾穨ぇ緇и-

惠璶ゼ獴瑚羀ㄏカチρΤ┮沧繹緄ぱ

Ч到癶ヰ玂毁琌炊霉"ゴそ"戳ヘ夹沮現┎箇璸眏┦そ縩"眏縩"璸购妮猭ㄒい硄筁眖τ镑荷Ν崩︽眏縩璸购ㄓチ羛玃秈眏縩㎝綼┦だ玂毁沟舦痲矗ぃぶэ▆某и-

稰框狙琌翠┎┶荡耎干框璸购ぃ甧砛沟"︑︑"ヘ玡翠┎∕﹚窽ゎ栋Θ膀"┶更"チ羛粄翠┎临ゲ斗栋Θ膀砞Τ诀酚臮Μㄑ蹿赣单瞶厨玂靡砞ミ玂靡щ戈厨そ縩玻珇の絋玂Τ闽璸购︽現禣蝴程キㄏ沟ㄑ蹿ぃ穦砆︽現禣の硄等┮獻籯

皐癸チ羛某瞷現┎璸购パ眏縩恨瞶Ы〆ヴ舱菏恨Μ莉眔の璽踞Τ闽眏縩玻珇翠┎璶―┮Τ眏縩璸购ゲ斗Μ矗ㄑ兜"玂セ玻珇"玱┶荡玂靡厨瞯ぃ硄等刚稱稱Μ沟砆眏竊︾罽盢乃ㄓ﹀窥ユパ膀そ恨瞶-

琌礚舦匡拒そ縩璸购厨瞯硄等杠ρセ礚い砆現┎眏禨硂琂紇臫-

ら盽ネキゼ癶ヰ蝴Τ碙腨ρネ硂癸Μㄓ弧ぃそキㄏ眏縩璸购镑眔抖崩︽チ羛粄矗ㄑぉΜ"玂セ玻珇"ゲ斗絋玂ㄤ厨瞯ぃ硄等現┎埃踞ヴミ猭眏の菏恨à︹ぇゲ璶莱赣矗ㄑ干禟搭ぶ硂ㄇ沟┮惠璶や"玂セ玻珇"︽現禣玂靡厨瞯發硄等

羆珹ㄓ弧Τ玂毁沟舦痲翠┎ゲ斗癩現┯踞э到眏┦そ縩璸购痲

穝簿チ玃秈跋磕

程翠┎穝簿チ荷е磕穦さ癩現碩糤挤蹿160%笷货κ窾じㄓ︑嘲穝簿チ矗ㄑ碞穨㎝毙▅狝叭翠┎穝簿チ矗ㄑぃぶ戈方灿ごΤΤэ到よ庢ㄒ弧ぃぶ穝簿チ厩担ㄓ翠粂ē毁锚-

厩策㎝籔肪硄瞷拜肈埃紇臫厩策ョΤ锚-

磕穦珿翠┎埃┑続闹厩担┮矗ㄑ璣粂揭祘ぇョ莱-

矗ㄑ粂ē癡絤璶琌約狥杠ョ莱-

矗ㄑみ瞶徊旧狝叭-

秆∕ㄇ厩穨㎝ネ耑

畊セ略朝勉

MR JAMES TIEN: Mr President, by any definition, this transitional Budget is unique, being the first and only joint venture fiscal plan for Hong Kong between Britain and China. As a result, it has to be a tactful compromise to win the support of two countries which is not easy. This explains why the Budget has to be cautious to the point of being extremely conservative.

In the past four weeks, commentators have pondered every aspect of the Budget and found faults in many areas. Most of them are puzzled that a government so rich should be so stingy. Our treasury is the envy of the world with a fiscal surplus of $15 billion for this year and $32 billion for the next. By next spring, our total reserves should exceed $360 billion and the Land Fund will be $160 billion.

Such a windfall would in most places force governments to slash taxes or spend more. Our Financial Secretary has refused both. He has decided to hoard the surplus and deny the industrial and commercial sector a well earned tax reduction, even though we are responsible for 35 years of uninterrupted economic growth in the first place.

Our Financial Secretary argues that the tightness with the purse is necessary because $50 billion shall be allocated to the new railway strategy. This is an excuse since the Western Corridor Railway is no sure thing and the Government has a track record of exaggerating expenditure and holding back on capital injection.

To make my case more systematic, I will present my views in a few broad themes:

On Infrastructure

Mr President, I support the Government on continuing aggressively with infrastructure development for our future. Democrats, unionists and activists see major capital projects as an expenditure when these should be regarded as an investment. To them, money is only well spent if it is put into social welfare programmes which redistribute wealth. They seem to be unaware that capital projects can generate jobs and income to pay for their favourite social projects. Investment in infrastructure and investment in people are not mutually exclusive.

On Business Promotion

Our Secretary for the Treasury has invited the business community to praise the Budget. Yes, I do express gratitude to the Government for its good intentions. But I do regret that there is more talk than action or money. We specifically thank the Administration for allocating $410 million to develop the Science Park. We also thank the Government for its plans for a second Industrial Technology Centre and the fourth Industrial Estate.

However, in recent years, our Government has been busy seeking advice but not turning the advice into programmes. We think the New Services Promotion Strategy Group, comprising officials and experts, is a sound idea. We are less enthusiastic about the Services Support Fund launched last year with only $50 million to help 14 projects. We are even less impressed with the Small and Medium Enterprises Committee with a funding for this year of $4.56 million, which is not that much.

All told, the Government will spend only 9% more on business promotion and economic services this year than last. The trouble is that we have not been informed about where the money is going to and how wisely it will be used.

On Fees and Charges

Mr President, we keep telling the world that Hong Kong has just about the lowest corporate taxes anywhere without adding that it also has just about the highest fees and charges. Those levies are not about to drop either since the Administration is committed to full cost recovery in all services. Rubbish collection, export licensing, chemical waste treatment and water surcharge; the fees for these constantly go up, and go up more than inflation.

Foreign investors will know that when we add the fees and charges to the corporate tax rate of 16.5% and to the various labour employment compensation schemes, Hong Kong is as expensive as Singapore. But Singapore offers generous tax breaks to business while we do not.

On Property Rates

We commend our Financial Secretary for lowering property rates from 5.5% to 5%. The concession, however, seems better on paper than in fact. Anyone who has received a rate receipt recently will have noticed that he will be paying more, not less.

Our Financial Secretary is right to lower stamp duty for buyers of flats priced at less than $4 million to help the middle class group who are hurt most by the recent rises in the property market. Since the Government will not consider a tax rebate for home purchases, this modest concession is the next best thing.

On Wine Duty

Mr President, I congratulate our Financial Secretary for soberly lowering wine duty from 90% down to 60%. His predecessor raised the wine duty from 20% to 90% without consulting the public.

For tax purposes, the fermented and distilled drinks are divided into three arbitrary categories: hard liquor the duty of which is 100%, soft liquor with alcoholic content no higher than 30% pays 30% duty, and wine, the alcoholic content of which is not above 12%, pays 60% duty now.

To be fair, though, wine and soft liquor should be taxed a uniform 30%. Wine, far from being a vice, is a virtue according to recent medical studies which show its regular consumption can lower cholesterol levels and heart attacks.

Our usual champions of welfare have been whining about the cut on wine duty. They say the duty should be kept at 90% with the extra proceeds of around $100 million going towards raising Comprehensive Social Security Assistance (CSSA) for the needy elderly. I am totally for increasing CSSA for the elderly as I shall explain later. But I am against confusing generosity towards them with the levy on wine.

Wines are not the drinks of the privileged any more, but are an aspect of a complete diet and healthy living. Are they for people enjoying themselves or are they for stifling the good life for those they claim to represent? Instead of keeping wine for the few, which is what high duty does, we should be opening it up to improve the quality of life for the mass.

Nowadays, wines are not just sold in exclusive wine shops any more, but in supermarkets. Lowered duty has brought the price of a typical table wine to around $30 to $40 a bottle, well within reach of an average family and not much dearer than quality beer. I again congratulate the Financial Secretary for taking wine out of the cellar and onto the shelves for every citizen of Hong Kong.

On Welfare

Mr President, there is one consensus in our Council and in the community today and, that is, giving the needy elderly a more reasonable CSSA. We of the business sector believe fully in giving more to the elderly to cater for their needs.

We object to too generous a CSSA programme for the younger people on the principle that welfare is to get them back on their feet rather than to keep them on the dole. We disagree that the Social Welfare Department should hand to a dependent family of four up to $11,000 a month in CSSA with compassionate housing and other benefits on top while only giving the needy elderly less than $2,000 a month.

The Government can assist the elderly better without bursting the welfare largesse and without returning to the double-digit welfare expenditure growth of the previous five years. I support the Financial Secretary scaling welfare spending increase down to 9.4% for the year. We can keep welfare expenditure from escalating and help the elderly a lot better at the same time by setting new priorities. Today, our priority is care for the elderly whose needs are pressing. Today, our priority is not forking over easy money for the idle but able bodied.

On Corporate Tax

Mr President, the global trend today is for tax cuts. Every government is doing it to stimulate their own economy and attract investments. A higher GDP growth eventually results in the Government getting its share of an enlarged economic pie.

Hong Kong has broken from the world trend in resisting corporate tax cuts, saying nobody should grumble about paying 16.5% of his profits to Inland Revenue. But certainly, we can afford the tax cut of 0.5% which would easily only trim from the brimming treasury one twentieth of the anticipated $30 billion surplus this year. The gesture is also important in another way by conveying to international investors our commitment to business, to our economic vitality and to our considerable confidence.

The Hong Kong General Chamber of Commerce, the Federation of Hong Kong Industries and other groups have repeatedly lobbied the Government for a tax cut, but to no avail. Whether the cut is more symbolic than substantive does not matter. What counts is the act of courage and conviction at a time when the global focus is on us.

On Income Tax

Our Financial Secretary and his immediate predecessor have both prided themselves as annual salaries tax cutters. For five consecutive years now, the Government has raised personal allowances higher than inflation. This means some 68% of the middle classes will pay less tax and around 96% of all taxpayers will pay less in varying degrees. In the past five years, Hong Kong has consistently kept 1.4 million income taxpayers in the revenue net. Instead of sharing the Financial Secretary's view that this is an achievement, I fear it may be a mistake in the long term as the already narrow tax base narrows even further. Over the past half decade, the Hong Kong labour force has expanded by 10% and income has risen by an average of 9%.

What results is that the top 100 000 salary earners are bearing around 65% of the income tax burden. While the rich contributing more to the treasury is only fair up to a point, they should not be turned into an Atlas who must shoulder the sky. A crunch for Hong Kong will come if financial misfortune should befall the 100 000.

Mr President, the ultimate praise for the bountiful Budget belongs not only to the Government, but also to the people of Hong Kong. Our hard work, drive and enterprise have made the Government's fiscal planning relatively easy. We have been generating more money than the Administration can spend, and this says a lot about our thrifty character. The wealth creating genius of the business sector is perennial, given the right spur from the Government. We intend to carry on doing the same even with greater resolve in the new era.

Mr President, I wish to congratulate our Financial Secretary and his team, despite my earlier comments. I am sure his next Budget will improve greatly on the present and past ones as he becomes his own man rather than an agent of a sunset administration. We, the whole of our society, anticipate with high hopes the dawn of another age in which we shall have a government that is of Hong Kong, by Hong Kong and for Hong Kong.

Let me finish not just with an endorsement of the Budget, but with a short reflection on the finances of Hong Kong down the decades of British rule. I believe we have done wonders for ourselves and for the United Kingdom through our diligence, talent, and grit. When we were down, we were never out. We always persevere. We have not only triumphed over adversity, but learned from it. This has been our story, particularly so through the transitional period lasting 13 years during which there have been so many ups and downs. Most countries and territories with great natural resources saddle their offsprings with crippling debts. We, with no natural resources to speak of, are to bequeath a very large inheritance to our children, a legacy on which we can rest our minds. We have similarly served China exceedingly well and it is this boundless vitality of ours which has secured for us this "one country, two systems" and "Hong Kong people ruling Hong Kong with a high degree of autonomy". We have a distinct culture and administration because of our economy which is our source of inspiration at home and admiration from abroad. We must never, ever, diminish our economic advantage. We must use economics to advance politics and not the other way around.

With those words, Mr President, I support the historic motion to pass the 1997-98 transitional Budget.

糕蚌┚某璓勉畊硂癩現箇衡琌疭㎝疭箇衡斗竒眔癬σ喷碞琌璶璣よ粄材琌いよ粄材︑礛琌さㄢぱミ猭Ы某臛阶の琍戳﹛氮臛ぇи荡癸種羬ミ猭穦Τ舦糵某箇衡ㄤいΤ9る丁琌パ疭跋現┎矪瞶畊穦Τ诀穦祇ēゼゲ祇ē

Τ闽翠現┎癩現箇衡現郸產弧ウ临Τ膀ㄆ龟и-

璶睲贰︓さるらゎ酚現┎箇衡膀Τ1,420货じ緇传τēぇ筁翠現┎妓眔50%膀ウ莱赣Τ硂掸蹿兜ぃ筁さぇずウ阀临Τせκ货じぶ㎡传杠弧現┎┮逞常琌膀產ぃ璶弧疭產璶現┎┮逞窥常琌芥眔ㄓ

硂ぃ琌瞷ヴ癩現現郸τ琌翠現┎瞶癩現郸碞琌蔼基現郸蔼基現郸Τ或矪Τ或胊矪產常眔矪碞琌現┎虑蔼基現郸眔畉昏τ畉昏膀セ現┎Μ痲笷9.34%ㄤい埃現┎膀セΜ痲临Τカ現Ы㎝跋办カ現Ыちや狦⊿Τ畉昏Μ⊿Τ蔼基現郸獺カ現Ы㎝跋办カ現Ы某常ぃГ眔ê或铆ぃノ笆福惮┪端福惮蔼基現郸カチΤ戈簿チ︓ㄤよ谋眔翠だ碔Τ翠芥翠加よ碞ゑ耕纔秤硂琌ㄆ龟狦璶現┎搭基碞璶現┎琌Τ硂∕み俱蔼基現郸σ喷硂琌羙ㄇョ琌眔环ㄇ現┎莱赣瞏ち秆

纯碭︙らセ︙沽ぃ琌蔼基㎝︑竒蕾篴らセ布纯ど︓38 000翴さ薄猵妓㎡瓣布どê或らセ玥禴︓瞷窾翴ぃ镑ど蔼翴50%辅眗Τ丁翠現┎ゲ斗候癘硂ぃ琌ッ龟︽蔼基現郸狦讽吏挂Τ┮锣跑妓毕ぃㄓ

讽礛иぃやッ笷某矗挡ㄢ某狦現┎痷Τ種キ颗ê耕ぃタ砏の花ど碩ゼ沽ぃσ喷ㄒ1︓6る丁疭惫琁讽礛穦弧翠琌縩伐ぃ箇カ初產常獶盽戳纯疭矪瞶┮加禦芥︙ぃ㎡и粄狦現┎Τ癸拜肈弘碞璶ゼ獴瑚羀ぃ璶单拜肈瞷矪瞶現┎疭酚臮êㄇΩ竚穨ノ︑︘禦產狦琌芥加玥砏﹚1ぇずぃ禦芥и獺硂穦產Μ鞬ㄇ场だ琂眔痲ノも加絃盢ウ-

扳花カ初籹硑疭ど碩计玡花–キよ扳基琌じヘ玡Τㄇど︓窾じ程Τ箇代穦禴10%オ–璶窾じ硂贺薄猵ぃ瞶禬禫盽薄現┎璶疭痙種ぃ琌弧荡癸ぃ莱赣σ納狦瞷拜肈現┎穕ア穦

畊и-

さぱ癚阶現┎俱癩現Μや┮琌瞒ぃ秨翠現┎瞒ぃ秨坝穨㎝磕и-

秆赋地ネ弧"翠い瓣穦い瓣翠"┮碞琌竒蕾よ祇甶τ獶現獀產秆現獀よいァ現┎竒Τ眏疨竒喷㎝疭兵ン┮и-

竒蕾よ皌ウ現郸и-

场だ﹛腀種筁寸琌╆菌瑍搂み薄琌獶盽篴ㄨ猔種㎝躬籖璶承硑ㄇㄆ龟眔粄皌い瓣秨現郸翠カチ˙

硂よиΝ矗и-

︙ノㄊ臟隔猽帹7货и-

璶候癘翠Θ埃蔼基現郸き︓ささら常琌苦淮穨τΤ﹚︗翠玻珇瓣ずΤ﹚カ初и-

璶候癘淮穨硂纔╭兵ン琌ぃ斌и-

镑э秈τぃ竚窖ぃ瞶坝㎝癩竒ㄆ叭癩現㎝竒蕾烩旧莱赣候癘翠Θ琌ぃ莱ê或淮┻斌

畊現┎Μ痲ㄓ璸タ盽祙Μ70%τ眔祙碞Τ488货じ翠10丁そΜ痲竒30%眔祙Μ痲硂琌讽繧狦硂10丁カそ┪诀篶≧阑ㄒ玻┪蝗︽≧阑祙ΜΤ硂妓瞶稱㎡癩現莱赣σ納︙耎祙膀

и-

痴眒祙㎝眒布祙Μ7.3%翠現┎ゼㄓ莱赣╯垃娩í濸à诀初娩祇甶才璶―瞷て痴眒いみи┮弧痴眒いみ讽礛ぃ琌洪戒初ê或虏虫矗の硂拜肈讽礛獶盽庇稰產碞穦稱緿妓㎡и-

璶秆狦р緿㎝翠讽キ单跋碞穦≧阑ㄆ龟緿ぃ筁琌き窾籔翠せκ窾ゑ耕ぃìだぇゲ璶翠镑戈┪徊緿笷璓竒蕾キ颗┪Μやキ颗硂琌猴猴Τ緇

硂瞷て痴眒いみ盿笆俱穦Θ甌贾いみи-

璶癸瞷龟碞琌翠瞷Θ材禣いみ硂薄и-

Τ或狥﹁倒禣㎡и-

Τ︙砞琁ま︓い瓣ㄓ翠禣㎡翠琌笲块㎝硄癟いみи-

ぃ︑и睲蔼и-

莱赣キ颗ㄓ才惠璶讽礛硂┮孔痴眒いみ碞琌瞷и-

瓣┰吹蝴吹ウ︑ず场Τ膙緿瑆現┎︓現┎竒╯痴眒いみ癸讽竒蕾吏挂紇臫и矗硂某產穦粄ぃ︽и-

莱赣秈︽╯眔挡狦∕﹚翠ヘ玡┮局ΤΜ痲琌7.3%ら穦糤︓20%ゼ

畊и-

秆翠現┎兜現郸琌蝴臔蝗︽蔼Μ痲20玡–丁蝗︽戈セぃ筁琌500窾じささら–丁蝗︽笆怀Τκ货じ硂讽礛琌Τ苦蝗︽穨縩伐┹甶翠現┎蝴臔蝗︽蔼Μ琌ぃㄆ龟硂よㄓ弧璶ゑ耕躬纘Αキ颗

畊︽穨иぃ眔ぃ碞癩現癸祙㎝布竒Μ種ǎ莱︓るらゎ翠祙琌κせ货じ┮ゑㄒ琌9.8%ㄤい讽礛珹禦芥祙ずи︳璸パユ讽酱玨珿и-

璶秆癸祙┦镣墩琌镣讽礛翠現┎莱˙硂よ祇谋计讽芠狦禩礛秸–穕ア笷计货じ硂よパ布竒临琌籔ㄤ程璶跋㎝カ初ㄓゑ耕ぃ穦蔼┮蹦玂痙現郸и粄玂痙耴玂痙ぃ籔布竒本恥и-

璶秆狦ぃ琌現┎虫よ蚌从ㄓ狦ぃ琌穦ㄖ翠布竒︓さ竒Τκ菌ㄖぇ現┎莱浪癚セō現郸Τн从セ竒籔癸к瘤礛現┎ぃ耞弧и-

莱赣瓣悔珼驹и-

ㄤ跋┪瓣產琌ê或岸㎡セ竒┮孔购キАΜ痲琌0.025ヘぃ琌忌現郸┪-

寥︓絃骸糙骸τ琌购碞ぃ穦カ初睼瞔瞷睼睹薄猵現┎硂よぃ冈灿だ猂临癚基临基и粄璽砫ヴ現┎ぃ砏﹚购瞶パ

狦現┎Τㄤ跑硄快猭и贾種σ納и辨現┎粄Τ惠璶碞硂よσ納讽礛и-

や現┎祇甶翠磕いみи-

璶候癘戳翠カ初竒跑借瓣膀㎝竒︽ノネ戳ユ盢屡膚坝珇ㄓ笆ノ-

眔痲и辨癩現秆硂ㄆ龟ら穦タ絋蝶︳

畊и略朝勉

糂ホ某璓勉畊иさぱ稱弧ㄢンㄆン琌Τ闽戳痜眞の戮穨肚毙▅挤蹿拜肈硂荡ぃ琌拜肈翠Τ窾︘洛皘戳痜眞痙產い︓螟参璸-

狦眔ぃ臔瞶繦常Τネ㏑繧翠Τ-

Τ诀穦癸吏挂盿ㄓ诀瞣疉硂妓胑拜肈現┎钩簔ぃ闽み–癩現箇衡秨や常⊿Τ┯踞иさぱ弧ㄓ辨現┎镑粄痷σの浪癚稱快猭ο干╟ぃ璶艭Θ篏粿馋の

1玡セЫ纯竒笆某臛阶戳痜眞矗ㄑ穿иㄆ硂霉戳痜眞┮癸篏猵現┎洛皘恨瞶Ы"洛恨Ы"癸戳痜眞洛励┯踞ぃìの贺贺現郸簗瑌琌讽Г硂某ㄆ芔﹛⊿Τ钮某種ǎ1璚ご侣璚戳痜眞薄猵ㄌ礛⊿Τ眔э到

る竤タ徖ネ竝烈炊硄禘场钡獀励縸Э痜眞ㄓミ猭Ыビ禗场-

禗и-

惠璶盡穨胺眃徊旧玥祔ぃ稸獽甧ま璓泊чの堡-

眔ぃ硂ㄇ狝叭よ洛恨Ы烈洛皘┮矗ㄑ縸Э盡狝叭玱琌礷薄猵珹Τ縸Э痜盡穨醚盡洛ネの臔Τ痜薄猵絪逼眯盡穨犁緄畍Τ痜浪琩ì场ňゎ痜薄碿てτま璓ì场检年ì场獀励畍Τ–Ω滦禘喷﹀狝叭パ盡臔拈块Τ闽臔瞶縸Э痜醚胺眃量畒Τ–ō浪琩箇ň縸Э痜ㄖ祇痝硂ㄇ狝叭Τぶ计縸Э痜眞眔τ20窾縸Э痜眞痜玱砆逼徖ネ竝烈炊硄禘场钡獀励-

⊿Τ盡洛ネ⊿Τ犁緄畍⊿Τ縸Э痜盡臔⊿Τì场獀励畍腊ㄏ眞ゼ莉眔醚北痜薄の箇ňㄖ祇痝и谋眔硂癸眞ぃそキ┮Τ縸Э痜眞常莱眔盡穨胺眃徊旧ぃ莱玴痢┘

20窾ぃ衡琌计ヘ狦現┎波┛酚臮τ硑Θ腨端痜и獺翠カチ荡ぃ甧砛硂妓ㄆ薄祇ネ陆秨︓徖ネ竝膀糷洛励臔瞶狝叭秨や场だи祇瞷現┎⊿Τ戳痜眞矗ㄑ戈方ㄏ-

⊿猭眔耕ㄎ狝叭и稱現┎ぃ耞今˙跌㏑玱╆秖緇ぃ硂琌或み篈㎡眞Τ登痜砾痜縸Э痜い砲﹀痝齿縩剐单戳痜眞パ痜薄惠璶璶璽踞↖洛励禣ノ現┎Τ⊿Τ-

竒蕾拜肈荷筁㎡

1玡и-

笵現┎穦挤蹿2,000窾じ倒蓟嚎ㄈ膀穦倒戳痜眞ビ叫穿程硂2,000窾じ辅龟挤蓟嚎ㄈ膀穦и-

胺眃或羆暗眔硂篊琵眞痜荡辨单㎡ㄤ龟硂2,000窾じい蓟嚎ㄈ膀穦–挤200窾じの倒痜ビ叫孔狹ó羱癸痜┮惠疭の臔瞶秨やぃì镑τパ膀ぃì临Τ砛砆┶窖現┎︙癸砲戳痜眞睝礚鸡姬ぇみ

稱Τ胺眃穦璶Τ胺眃и辨現┎璶暗膀糷臔瞶琵カチ粄醚痚痜のō砰眏胺ㄏぃ┋眞痜来眔臔瞶戳痜眞Τ發―┋褐舦現┎ぃ簔跌-

莱Τ舦戳痜眞狦臔瞶眔钩妓盽磕穦Τе贾ネ狦現┎硈硂ㄇ程膀セ秨や竚戳痜眞┋褐ぃ臮硂妓現┎眔カチや㎡

иさぱ稱弧材ンㄆ琌籔┦㏑я闽и笵戮穨胺眃Ы"戮Ы"崩笆肚毙▅戮穨よぃ框緇戮Ы癩現ㄓ方埃現┎戈–200窾じ璶琌綼眖骋玂繧紉Μ1%蹿兜τㄓパ籹硑穨簿蔼繧︽穨瞒秨翠戮Ы┮Μ紉蹿稶ㄓ稶ぶ眖玡3,100窾じ禴︓2,700窾じτさ眔2,200窾じ

穨端ㄆン钡↖絚祘砯耫ó縱单祇ネ種籹硑礚计瘆窰產畑み佩義鸥現┎きΓ祇吭高ゅンτ彻戮穨胺眃猭ㄒ膥崩さ現┎临穦璹紅の穨竒犁砏ㄒ碞э到よ矗ㄑ猭ㄒ玂毁硈﹃猭ㄒㄓ狦⊿Τ続讽肚毙▅┦㏑玂毁眔э到㎡

現┎癸沟蚌癡Ы癸硑穨癡絤Ы单碩猔戈┯踞и-

だ觅Θ或闽玒┦㏑戮穨現┎玱⊿Τ┯踞㎡現┎尺舧弧"ノ︑"眖骋玂繧い┾1%紉蹿琌硂瞶ㄆ龟紉蹿肂ぃ莱戮Ыや沮戮Ы︑┮暗︓癩現箇衡盢穦Τ窾じí讽礛戮Ы矗某糤紉蹿κだゑ恶干í环ぃ毕程еよ猭临琌現┎璶碩猔戈倒ぉ戮Ы┯空琵-

眖硉秨甶穝猭ㄒ肚毙▅

沮戮Ы璸购龟琁穝現郸盢穦辅跋縩伐┰胠钡暗崩約肚毙▅︳璸瞣疉も琌禟ō程钡肚毙▅よ猭

и辨戮Ы盢暗辨端ㄆン搭︓程ぶ現┎璶暗琌猔戈倒戮Ыㄏウミㄨ璸购の秨甶穝

癸蝴臔ネ㏑и辨現┎ぃ璶掇窥иさぱ弧ㄢンㄆㄨぃ甧絯

畊睝礚好拜翠タ矪跑笆ぇい  и┮弧"跑笆"ぃ虫ゎ琌現獀舦簿ユ跑笆珹翠穦祇甶┮ま祇癸┬骋蚌癡ρ褐の穝簿チ单絛氓穝狝叭璶―虫""ㄓ"矪跑"ぃ虫ゎ琌"玂"龟弧琌"╆摧"

癩現弧箇衡ョΤ矗ㄑ肂秨やэ到チネぃ筁タ戳チ丁刮砰┮癩現矗ㄑチネ狝叭э到セЧぃì┯踞摸狝叭惠璶璶琌︙禬筁300货じ緇箇衡﹡礛ご侣ぃ矗蔼穦褐の狝叭よ秨や┯踞㎡и獺癩現箇衡ぇ┮辣憨"╆摧"旧稱籔癩現┮弧さ癩現箇衡絪籹疭┦Τ闽玒  陪パいよざさ癩現箇衡絪籹舦ぃパ眔翠┎の癩現︑パ∕﹚τいよ琌局Τ蔼把籔︓∕舦ㄤ龟癩現箇衡簍勉い眏秸"いよ筁Ωそ秨弧-

把籔翠癩現箇衡絪籹琌縒礚"ヘ碞琌璶矗眶いよらぃ璶耑セ翠癩現箇衡絪籹は筁ㄓ弧ョ靡さ癩現箇衡いよ伐恒ㄆ龟

"ó反阶"﹍玀琌い璣羛蹈舱箇衡盡產舱舱τ19近穦某琌Ч"超"秈︽刚拜翠カチ︙獺いよ⊿Τオ箇衡﹚⊿Τ琁溃璶―翠┎ぃ糤穦狝叭秨や㎡

讽礛и稰紐納ぃ虫ゎ琌さ"╆摧"箇衡眔踞み琌硂贺簔跌チ癩現厩盢穦膥尿癩現箇衡簍勉いΩま瓃膀セ猭兵ゅ縒礚盢场だ膀セ猭兵ゅ簍勉干絪ず靡膀セ猭癸疭跋癩現︑玂毁ぃ筁иㄓ膀セ猭Τ闽疭跋癩現現郸兵ゅセ碞琌"候鉚〨"玛ら祇甶丁

膀セ猭材κ箂兵砏﹚"疭跋癩現箇衡秖玥―Μやキ颗籔セネ玻羆糤瞯続莱"膀セ猭材κ箂兵砏﹚"疭跋把酚翠龟︽祙Μ現郸"或"......祙Μ現郸"琌ぃ琌眔祙ッ环ぃ㎡或秖琌ぃ琌禬筁3,600货じ癩現纗称ョぃ镑Τí箇衡㎡и獺膀セ猭硂ㄇ絢兵ゅゲ礛Θらいよの坝は癸糤秨や猌竟チネ螟Τэ到硂タ琌и踞み┮

セ略朝勉谅谅畊

霉睲某璓勉畊癩現そガセ癩現箇衡硂箇衡ぃ弧琌だ骸種箇衡膀セ钡妮糵稸のキ铆才膀セ猭"秖"玥Τキ铆筁寸硂箇衡い程ㄣ某场だ琌穦褐秨やよセ秨や龟借糤9.1%糤碩ゑ糤碩20.8%搭ぶ禬筁挪筁┕碭穦褐秨やА碩糤さ糤瞯絯翴琌瞶秆埃褐よ現┎临斗臮のチネㄤよ莱σ納穦环祇甶現┎莱р戈方続讽щ毙▅┬洛励单よ礛τ眖秨や箇衡い碞皐癸秆∕セ翠糷ら镣腨砲絘て拜肈現┎щ戈方龟びぶパρて穝簿チ溃竒蕾絯の穨锣┮盿ㄓア穨の龟借戈癶ヰ玂毁单絋糷癸穦褐惠―ど框狙琌現┎⊿Τ碞硂よ縩伐莱セ辨現┎镑糤挤戈方纔磃のí砲の顶糷畓墩竤

パ癩現箇代せΤ151货じ緇τセョ盢穦Τκ货じ緇Τㄇ蝶阶у蝶現┎瞶癩︙ご玂ぃΜ碞秨や癸硂芠翴セ琌Τ┮玂痙Μ獽糤秨やê或ぶΜ琌獽搭秨や㎡硂琌ぃ現┎ぃ琘竒蕾ぃΜ搭ぶ獽闽超碭丁厩罽搭璝痜┪癸そ叭掉搭羱セ觅翠┎砮秨や箇衡玥碞琌そ羆秨や籔セ翠竒蕾糤本恥絋玂そ羆秨や蝴铆﹚糤キ

癩現"矪跑キ铆筁寸"阀珹セ癩現箇衡港礛硂箇衡琌砰瞷"矪跑"瘤礛現┎癩現纗称絋龟讽胑σ納翠タ羬耴薄猵―セ翠キ铆筁寸纗称翴琌続讽暗猭

セ舧癩現рセ祙肂矗蔼︓10窾じ硂盢磃のセ翠Жみ顶糷︓そ眔祙蝴ぃ跑ョ妮瞶癸翠綟跋セ翠眔祙讽熬瘤礛ぃぶ璶―現┎癸Ω竚穨︑︘產畑矗ㄑㄑ加祙玡Ι搭纔磃搭い糷產畑ㄑ加溃框狙琌癩現ぃ钡兜某τㄤ┮瞶パ玱ゑ耕瞣眏

侯芠癩現搭祙惫琁㏕礛眔舧搭祙癸ぃ祙呼ず糷龟礚種竡現┎莱蹦ㄇ惫琁磃の-

ㄆ龟,竒蕾の穦硉锣籹硑穨ら镣典罽狝叭穨ǔ硉祇甶疭琌蝗︽玂繧玻单︽穨狝叭穨セネ玻羆パ68%ど︓84%ǎ闯礛τ穨锣框竤いゅてキ耕┪盡мパ戈方﹍沧琌セ翠ㄤい贺程璶戈方現┎Τ砫ヴ矗蔼碞穨借のネ玻現┎莱硓筁毙▅蚌癡蚌癡ㄏア穨抖莱竒蕾锣跑ぃ璓Θ苦穦竤

セ舧現┎沟蚌癡Ы猔戈5货じ盢璸购耎甶︓穝簿チ現┎ョ躬纘穨щ戈方蚌癡眖τ矗蔼翠膙︓︙钡腊ア穨セ某ㄤい暗猭碞琌癸竨ノ砆缓床ア穨の竒蚌癡沟矗ㄑ疭祙兜纔磃搭淮穨锣の竒蕾絯┮≧阑锣戮螟

癩現箇璸セ糤その﹡Τ37,500丁龟环环惠―戳辨パ癩現盿烩Τ闽∕郸把籔疭盡砫舱粄痷╯еㄑ莱糤┬翠┎ㄓ蔼基現郸ま璓帮縩ぃぶ拜肈瘤礛璶э跑蔼基現郸紇臫闽現┎俱祙Μ拜肈斗灿╯み矪瞶τ璶秆∕┬拜肈獶绰ㄆ琌加基の蔼ぃ虫ゎ腨紇臫セ翠チネョΘ穦畓墩竤ら痲砲絘て璶方パ蔼ㄏ坝穨竒犁庢˙羮τぃぶ戈玱˙环τē現┎龟莱э蔼基現郸秨┹カ跋娩东跋糤挤戈方砍そ┬腊カチ莉眔瞶ōぇ┮︓讽叭ぇ琌筀ゎ加カ芥笆ㄏ加ㄑ―闽玒確瞶キ犁硑胺眃タ盽加カら讽Ы崩3兜穝惫琁糴箇扳加戳砏﹚玻坝崩扳加丁の砏﹚玻坝崩扳秖セ粄庢ぃア放㎝のΤよ猭ゴ阑ぃ瞶芥笆礛τ程璶琌讽ЫΤ∕みэ跑ヘ玡蔼基現郸璹臮のチネ痷タ环┬現郸

箇衡いョ璝絞碩矗崩約狝叭穨惫琁疭矗絋龟秸挤戈方Θミ蔼糷Ω狝叭穨崩約郸菠舱琌眔や礛τセ粄現┎崩笆セ翠竒蕾祇甶┮щ戈方琌だぃì籔ㄈ瑆纒いㄤ緇3跋ゑ龟妮ǎ╁現┎ョ莱糤挤戈方н穨疭琌莱赣σ納钡戈ㄇ蔼の蔼м穨Τэ到セ翠俱砰穨挡篶の矗蔼ネ玻瘤礛戈癟м祇甶ǔ硉癸ㄤㄈび跋セ翠穨м祇甶ご琌镣辅筃阶發ㄤ穨瓣龟Τ锚秈˙矗どセ翠ネ玻瞷翠┎秨や0.4%ㄤㄈ瑆纒钡きせ翠┎龟Τ砫ヴや穿蔼м穨祇甶糤挤戈方ㄏセ翠戈方眔だノ

癸ら亥Α稬寒笰穨セ粄惠璶糤挤戈方玃ㄏ寒笰穨瞷ての蔼мて疭琌玃叫現┎σ納戈祇甶环瑅寒穨膀セ猭材κ兵翠疭︽現跋現┎璹続讽現郸玃秈㎝秸︽穨祇甶讽い珹寒笰穨セ粄現┎ぃ莱ヴパウΑ稬–竒蕾縒ミ跋ぃ虫ゎ惠璶Τ祇笷坝磕㎝狝叭︽穨临ゲ斗璶Τ寒笰穨寒笰穨翠ネ玻羆いゑㄒぃ穦玱ぃ甧┛跌ウ闽チネら盽寒笰捌珇ヒ摸禣基计いゑㄒ癸硄砯勘等紇臫翠Τ﹚ゑㄒ寒笰穨癸キы基玂靡寒笰捌玻珇借秖㎝徖ネ疭ㄓ瞷祏の干カ初癸玂毁チネ癬ノセ疭辨讽Ы闽猔环瑅寒穨祇甶翠琌眖寒翠τ癬產ぱ礛戈方のセ翠㏄瞅ら痲γ琕薄猵セ翠寒穨莱垦隔咎翠竒喷の癸カ初庇綰牟àの続莱セ翠Τ祇甶环瑅寒穨の┹甶瑅玻珇カ初肩繦翠舦耴セ翠寒差瓣悔办笿ョ辨莉眔瓣產玂臔硂ㄇА篶ΘㄇΤ祇甶环瑅寒穨兵ン

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畊セ略朝勉

MISS CHRISTINE LOH: Mr President, I suspect one of the Financial Secretary's pet issues is probably the report he put to us on services promotion, so perhaps I could start with my comments on that. It is a very interesting and important report. It tells us that in the last 10 years, Hong Kong has undergone a massive economic shift from a manufacturing-based economy to a services one.

Services Promotion

In 1995, the services sector accounted for 83% of our Gross Domestic Product (GDP), up unfortunately only 15% from 1985. It probably shows that we are not as efficient as could be. However, there are now 2.4 million people employed in the services sector, up a staggering 63% more than 10 years ago. The report is also clear that employment needs of the services sector are continuing to change very rapidly. So we must meet that challenge.

What neither the report nor the Budget addressed was how the Administration plans to support Hong Kong's rapid shift to a service-based economy. Is it enough to meet future employment needs by simply calling for a computer literacy syllabus, or providing $11 million for a New Technology Training Scheme? Mr President, surely not.

Mr President, you are also well aware that in a service economy, knowledge is the key factor to improving productivity. Another key aspect is the application of technology in all aspects of communication, design, marketing, management and production. Yet, the 1997-98 Budget only earmarked $300 million to provide multi-media computers to schools. Is this not a pitiful amount if what we need is to get out future workforce up to scratch on computer literacy? And, what other serious attempts are we really making to reduce student: teacher ratio in the classroom?

Yet, the Budget allocates $14 billion for infrastructure, mostly port-related, development. Next year, the Airport Core Programme will be completed at a cost of $150 billion, or 20% of government expenditure over the last five years. When is the Administration going to get to grips with making realistic investments in the workforce of tomorrow?

I have spoken out against further port expansion beyond Container Terminal 9 for several years. The evidence is mounting that greater port expansion will seriously affect our people's quality of life. The Administration's own environmental assessment of the Territorial Development Strategy says in quite unambiguous terms that further port expansion under any of the Administration's growth scenarios will have serious pollution and public health impacts.

For example, the environmental assessment estimates that by the year 2011, most of Hong Kong's population will live with air pollution, on most days, at levels worse than the mandated health standards. So who is doing anything about that?

In the five volumes of the Territorial Development Strategy Review, packed with the vision of Hong Kong being a transport centre, a mere five paragraphs were devoted to what seems like a potentially exciting idea of a "high technology" corridor between Hong Kong and Guangdong to enhance Hong Kong's manufacturing abilities. Well, perhaps that is a more exciting vision than building hardware at a rate driven by estimated demand and not very much else. The MIT Report "Made in Hong Kong" and the "Hong Kong Advantage" carried out by Harvard, both recently published, I think, spell out perhaps some directions for tomorrow. What is not clear is how the Government intends to meet that challenge. I may be wrong, but for Hong Kong to capture the opportunities of going into certain industries that will be the industries of tomorrow, perhaps Hong Kong has a window of five to seven years. If we do not address this issue urgently, we may simply miss the boat.

Mr President, I think the Administration knows in its heart that it needs to re-tool the education system as a fundamental part of helping the future workforce to be competitive in the global market-place What it still has to do is to make the financial commitment to do so. Regrettably, the Financial Secretary's Report on Services Promotion did not take the opportunity to set down the expenditure priorities that will be necessary to better ready our workforce for increasing competition.

land Supply

The second area that I would like to address, Mr President, is land supply. The hot topic at the moment is inadequate housing both in the private and the public sectors. It is acknowledged that land supply is a problem. However, what we do not know is really how the Government looks at using land and also as a revenue raising measure. If the Government is using it to raise funds and we can see the Government obtains, as a part of its annual income, a very high percentage from land sales and land related incomes, then is the Government not having a dual role of both anticipating demand for housing and other uses but also using the opportunity to raise funds? And is it not really the reason for why we have a high land price policy and is that also not the reason, Mr President, for the fact that the Government prefers harbour reclamation to developing land elsewhere? Perhaps, as a start, what the Government can do in the future is to increase transparency in its decision-making process on how it, for example, decides how much land to release in any one year, what are the criteria that it uses and how does it set the reserve price in land auction. Perhaps, we are going into a very difficult area because so many issues are tied up. But I do suggest to the Financial Secretary that he can start off by giving us some transparency in the process.

One of the consequences, one of the social consequences of the high land price policy, is that it is helping to widen the disparity of wealth in Hong Kong. For people who are lucky enough to hold property, well, they do very well, Mr President. But for those people who are not able to hold property, one of their problems is that they are constantly using possibly diminishing income in times to catch up with paying higher rents. For the lower to middle income families who are struggling to pay very high mortgages, I doubt in the last five years, they have any real income increase. The Government tells us very happily that for the next year we can expect 5.5% real growth in GDP. What does that 5.5% really mean? It does not really mean very much at all in terms of assessing how quality of life has gone up or not. One of the issues that I think the Government hesitates to take seriously is the widening disparity in welfare in Hong Kong. It is not addressed in this Budget at all. I do not know whether the future Chief Executive in his upcoming budget is going to address this issue. I certainly hope so because I do believe it is going to be one of the most important issues for this community.

User Pays  Polluter Pays

The next point I would like to touch, Mr President, is the lack of mention in the Budget on the development in government thinking of using "user pays" and "polluter pays" principles to cover the costs of new services. I had hoped that the Financial Secretary would use this opportunity to spell out to the community at large how it intends to implement perhaps over a 10-year period the "user pays" principle and the "polluter pays" principle. The Honourable James TIEN comes from one direction to say people in business want to know what other charges they would be facing in the years to come. I think that is a very fair comment. Perhaps I can add an additional dimension. If we are serious about controlling pollution, then I think also people have to acclimatize themselves to the fact that they will have to pay more to clean up pollution. But right now, businesses are very concerned because they see increases coming left, right and centre every year. Perhaps what the Government should do is to come clean, be up front, and tell them what a 10-year programme is going to be, so that businesses and the community can be much better prepared for what we are supposed to pay. I am all in favour of "user pays" and "polluter pays", but I think it is fair for the community to be made aware of what the Government may be thinking in the longer term.

Government Services

Mr President, the last point I wish to make really arises from the question and answers we have had from the examination of draft estimates of expenditure. It seems that the Government actually has many good ideas and many good schemes. However, I doubt whether the community knows very much about them. Perhaps one of the reasons is that the Government relies on the District Offices for its key dissemination of information. But finally I do not think Hong Kong folks show up very much at District Offices. So a lot of these wonderful leaflets and brochures that are left in District offices just do not get read, Mr President. In going through the questions and answers about the draft estimates of expenditure, I see that, for example, there is an older volunteers programme and that there is a Samaritan Fund which is established to offset the cost of surgical operations for those who cannot afford it. And, what about the fact that building owners committees can apply for government subsidies to help them? How many people know that there is a Seed Capital Fund to provide venture capital to new technology-based companies, and also that there is an Innovation Loan scheme for start-up technology companies? There are very good ideas and I also see from the information provided, for example, in the case of the Innovation Loan scheme, only one application was received. So, what is the problem? The Government has good ideas but may be it is not getting the maximum benefit and the community is not getting the maximum benefit from these ideas because people simply do not know that these good schemes exists. So, I would certainly urge the Government to review its information dissemination process so that its very good ideas are put out to the public. Another example that we can give is that survey after survey tell us that many of the old and poor people are unaware that they are eligible for perhaps a variety of public assistance and housing schemes. In response, the Health and Welfare Branch is apparently now going to conduct its own survey of public awareness of these schemes. Well, again, I suggest that the Branch can examine the effectiveness of its existing outreach efforts that the Government has, and if they are really not good enough, perhaps a major exercise for the Government is to see how to overhaul that system.

Having said all of that, I just wish to say that perhaps this time the Budget is not a very exciting one, but I do remember the last Financial Secretary reminding us that Budgets are not supposed to be exciting. They are supposed to plod along and makes gradual and slow changes. However, I do support this Budget and I look forward to the Government expanding on these various schemes as well as to speed ahead with looking into technology and other industries and challenges for the future.

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︓╬щ戈膀兜ヘ干現┎ぃì临琌現┎иや現┎箇痙蹿肂臟隔祇甶郸菠兜纔璸购猔戈現┎猔戈臟隔搭臟隔そらや溃眖τ搭淮基溃ぃ筁иゲ斗猔戈﹍沧琌祙窥莱跌現┎щ戈τぃ琌現┎戈琌祙щ戈τぃ琌祙戈祙τщ戈琌莱赣Τ厨布基瞶の犁笲瞶稱薄猵現┎莉眔厨ョ礚玴獶τ硂ㄇ厨ョ妮祙臟隔祇甶┮惠戈场だ惠璶綼禪琂礛ゲ惠禪杠現┎ㄤ龟σ納璶―Τ闽臟隔そ祇︽杜ㄩセ翠カチ栋戈琵カチ把籔胑膀祘糤-

癸翠耴妮稰

埃э到セ翠ず场ユ硄現┎莱э到セ翠癸ユ硄疭琌い翠臟隔ユ硄ヘ玡ㄌ苦兵約臟隔硈钡ず臟隔笲块╰参筁挂笲よ臟更秖礚猭莱ゼㄓい翠祇甶┮盿ㄓ惠―砯笲よ戛砯初ぱ┦炒琌ッ环礚猭矗ㄑ臟隔砯笲┮惠よ獽翠惠兵筁挂砯笲臟隔帹и獺礚穦借好﹁臟笲よ璶┦癸砯笲Τ玥╆胔好篈Τ粄﹁臟矪瞶砯耫计秖ゼ砛贾芠ョΤ粄翠砯初ぃì臟隔笲更﹍沧Ы

セЫユ硄ㄆ叭〆穦程玡┕璣瓣猭瓣紈瓣の穝℡秈︽σ诡и-

┮ǎ┮籇獺倒ぉи-

翴币ボ︗紈瓣簙躇砯耫絏繷Τ兵笲更砯耫臟隔瞏絏繷︓砯近砯初矗ㄑе倍の蔼瞯杆砯㎝砯狝叭τ簙躇瞶纔禫︗磕硄癟单皌甅砞琁Ч称簙躇Θ稼瑆砯笲笆いみ稼瑆Θ簙躇浮

簙躇竒喷眔翠描よи粄翠獷惠璶Τ兵笷砯耫絏繷砯笲臟隔τ翠兵ン籔簙躇ゑ耕Τ筁ぇτ礚ぃのㄆ龟翠琌程羉Γ砯耫翠簙躇稼瑆浮翠い瓣浮はぇ璝翠⊿Τ硂臟隔砞琁獽穦盢翠纔墩も琵倒ㄤい瓣カΤ浮ョ穦琌畕礛
畊ヘ玡現┎ㄏノ現┎繥笵緍緋Μ"禦隔窥"緍緋匡ノ礚斗禣そ隔玡┕ヘ現┎Μ繥笵禣诀初繥笵埃笵隔琌ぃΜ禣ぃ筁程現┎ゴ衡俱獵皑恨跋珹跋ず┮Τ笵隔爵假璸衡膀娄秈穝诀初緍緋Μ"禦隔窥"現┎盢跋ず笵隔璸衡Μ禣絛瞅ず瞶沮︙現┎孔獵皑恨跋ず笵隔硑禥惠璶Μ禣狦痷16腹稦帹砞惠璶45货じ戛露笵のそ笵硈钡隔祘禣惠璶13.7货じ獵そ隔э到祘惠璶14.7货じ硂ㄇ惠璶禣胑笵隔琌惠璶Μ禣瘤礛現┎瞷腀種琵˙搭獵垃稦帹Μ禣и粄現┎莱そ渤坚睲琌Τ笵隔Μ禣現郸ΤΜ禣︙络﹚–Ω常璶阶ㄇ笵隔惠璶Μ禣ㄇ砞琁Μ禣–Ω钩刁カ禦垫癚基临基

癩現箇衡臛阶いи某現┎璶痙種瓣筿穝м莱ノэ到ユ硄瑈秖搭澜峨さ蔼砍笵現┎闽猔穝м祇甶笲块疭矗の醇旧╰参醇旧╰参笷炊のて临Τ琿らㄤ龟瞷Τぃぶмㄑ莱ノㄒノ筿福琩綷︽ó隔帹瓜┪笵隔戈ぃ阶м︙祇甶程璶琌現┎ぃ琌"矗矗"τ琌痷タ穦щ戈方硂よ祇甶

畊,瞷и眖嘲3よ矗и癸癩現Μ種ǎ

嘲よи癩現箇衡臛阶笷иぃ骸ノぃぶ絞碩秆睦縐猳祙糤癸犁穨ó诀紇臫さ癩現抖莱チ種盢皊祙秸癸紇臫チネ縐猳祙玥ぃ搭はи伐ぇぃ骸

иぃ現┎Τ︙ゲ璶τぃ耞矗蔼縐猳祙眖祙Μàτēセ翠縐猳基环环禬筁ㄤ瓣產讽い畉ぃ琌祙現┎竒盿ㄓ胑祙Μセ矗蔼猳の═猳縐猳祙6%穦現┎糤Μ2.7货じ現┎ぶΜ2.7货じ琌獽ì紇臫現┎癩現ぷㄤ琌и-

虫琌緇獽笷κき货じㄓ穦禬筁300货じ眖チネàτēㄏノ猳犁穨ó诀程紇臫筁12る猳基Ω瞷糤6%縐猳祙セ翠ま哺秖猳τ猳基ど祏祏1仓縩碩笷18%犁穨ó诀琌κょょょ眖ユ硄恨瞶àτē縐猳琌ó进ゲ惠珇ぃ钩皊琌傍ㄗ珇現┎璶―カチ珹セЫミ猭Ы某ぶ都皊ぃ璶―犁穨ó诀ぶ睰縐猳縐猳琌-

垦ネノ珇︓糤6%縐猳祙ョぃìㄏó斌ㄏノó进癸筀ыㄏノó进琌Ч癬ぃノ膀瓃и琌伐ぃ觅Θ糤縐猳祙

よ诀初恨瞶Ы璹穝诀初ㄏノ禣箇璸ゑ瞷穦碩ど翠筁镑玂瓣悔の跋笲いみ︗Τ膙Μ禣狦穝诀初ㄏノ禣碩矗どぃ虫ゎ玠畓セ翠膙穦そΘセ糤秈τ诀布扳基ど翠窥砍穝诀初ぃ虫稱Щ岸华稱穦翠︑盿ㄓ龟悔痲瘤礛Τ闽∕﹚盢パ诀恨Ы現┎莱荷ち絋玂穝诀初翠盿ㄓ龟借痲τ獶毁锚

現┎щ穝诀初戈方计κ货じ璸は翠吏現┎⊿Τだノ硂纔翴τ莱щ戈方祇甶ユ硄‵〤い瓣砯笲絏繷のい吏翠緿絏繷ㄒ计ぃ耞糤差唉獃︗の单よㄌ礛Τ現┎⊿Τヴ︙э到惫琁はτ膥尿瞒挂紉Μ25じ瞒挂祙癸诀布布基籔诀初瞒挂祙ゑㄒ差布籔絏繷瞒挂祙ゑㄒ獽陪眔ぃ瞶瞷差布基パ85じ︓214じぃ单τ瞒挂祙玥布基12%︓31%ぃ单环环蔼筁诀初瞒挂祙и玃叫現┎搭絏繷瞒挂祙眖硉э到絏繷砞琁

畊瞷и锣酵иだ闽猔︽穨  硄癟穨

現┎崩約狝叭穨叭ㄏ翠Θ"狝叭ぇ常"筿癟狝叭よ現┎さ疭Θミ戈癟膀娄砞吭高〆穦腊秸翠戈癟膀祇甶癸硂兜某иボ舧

筁1現┎膥尿秨カ初ま膙カチㄉ摸筿癟玻珇の狝叭ぃ筁カ初禫秨禫Τ膙禫穦ま癬穨ずぃㄆ龟ㄇそ蝴膙ぃ虫ゎ秆沟场だョ盢场だ穨穐瞒翠玡┕Θセ耕よ砆秆沟種の戈方瑈アτ沟ぃ钩┕猔蚌癡圭ノ蔼羱產そ"à"ぃ腀︑窥蚌癡穝硂薄猵琌荡癸ぃ胺眃ョぃ︽穨环祇甶

и稱現┎玃秈筿癟穨铆胺祇甶ぃ稱籹硑"ア穨ぇ常"и叫現┎痙種и薄猵ぃ璶秨カ初τ籹硑ぃゲ璶膙ゲ斗σ納現郸癸︽穨の秈˙癸︽穨ず紇臫現┎莱荷е眏蚌癡疭琌蔼单皘蚌癡м盡皌穝м祇甶

畊セ略朝勉

毒浪膀某璓勉畊セ穦チ碞┬の骋よ祇ē狦﹟Τ丁и稱碞ρ侯穿拜肈酵酵︑猭

и谋眔︓癩現箇衡ぃ秆∕顶糷︘拜肈ョゼ莱戳ら痲縆荐╬加и琌ボ框狙

沮羛の贾琁穦翠秨や︘め秨や家Α╯厨1の4︘めい10%︓15%︘めゲ斗溃罽秨戈莱┬秨や23の5┪︘めいΤ5%︓10%︘め惠溃罽ㄤ秨や╯í砲め"镑"琌︘め乃窥や┬よら痲糤や珿璶э到í砲め"镑"薄猵闽龄搭淮-

┬よ璽踞癸单í砲め薄猵現┎癩現箇衡ゼ縩伐莱近そí砲め產畑矗ㄑ穿覸絯ㄤ┬秨や┬í砲め產畑Τ惠璶ビ烩侯穿籔烩侯穿瑉禟瞷薄猵琌Τ场だ近そ玱ぃ才戈ビ烩侯穿產畑璽踞禥╬加斗溃罽ㄤ秨やㄤ秨やゑ烩侯穿產畑临璶贺薄猵伐ぇ碿璶獀硂拜肈侯穿ぃ琌秆∕よ猭現┎癸ぃσ納и璶ボぃ骸

癩現箇衡ぃ虫ゎゼ莱戳加и谋眔丁钡癩現某碩搭穨ユ祙祙瞯硂礚好琌丁钡躬纘產瞷竒縆荐現┎⊿Τ癩現糤挤肂戈方菏诡╬加穨カ初現┎⊿Τ糤砞"祏戳加芥糤祙"筀ゎ加チ㎝и常谋眔ぇず狦穨竒盢︑禦加禦芥現┎莱┾柬せΘ祙Μτ┮眔祙Μノ┬ノ硚ㄒ祇の┬矗ㄑ禪蹿糤计秖┪硉侣跋

и谋眔ノ產竚穨ョ琌璶吏現┎莱挤蹿砞ミ縒ミ场矗ㄑ靡ゅンㄑ加处ビ叫靡ㄤ玡琌ゼ纯局Τ筁ヴ︙穨獽蝗︽だ侩"Ω竚穨"㎝"產"Ω竚穨矗ㄑΘ处ノ產╬加カ初竚穨秆∕ㄤ︘拜肈

糳拜肈и谋眔現┎琌⊿Τ∕み獀硂拜肈э到糳﹡チネ吏挂現┎琌現┎糳﹡チ矗ㄑ睲╊の竚璸购カ跋Τ窾︘珹現┎の╬穨舦糳現┎琌睲╊Τ璸购ノそノ硚睲╊紇臫糳и粄硂暗猭琌ぃ癸瞷睲╊糳璸购ボア辨и谋眔現┎莱挤蹿睲╊┮Τ糳竚┮ΤΤ惠璶э到ㄤ﹡︘吏挂
骋よи谋眔俱癩現箇衡⊿Τ矪瞶の秆∕ㄇ璶拜肈

チ穦ǎ癩現纯疆舦璶―現┎︓癩現箇衡い砞ミ"ア穨筁寸戳竒蕾穿"の矗蔼钡蚌癡–る瑉禟︓戈い︗计だぇ

琌現┎┯空砞ミ穝碞穨徊旧いみ龟琁筿福て琌糤竒禣莱沟褐よ秨や珹剐甁↖痜戮穨┦ア羙ネ▅玂毁沧筍㎝戳狝叭单の硂ㄇ兵ㄒ璹τ糤秨や

︓腊ア穨碝тよ現┎ボ穦崩︽戮穨癡絤Ы㎝沟蚌癡璸购厨某

惫琁琌痷タ秆∕瞷セ翠骋┮癸ア穨拜肈㎡и粄琌ぃ

或翠骋┮癸琌竒蕾挡篶锣┮旧璓ア穨拜肈斑秆∕よ猭琌崩︽沟蚌癡璸购

るそガ沟蚌癡璸购浪癚ㄒㄤい┮场だ某и谋眔ぃ秆∕翠骋ア穨拜肈程陪琌某穝瑉禟瞷︽蚌癡瑉禟穝蚌癡厩–琍戳莉瑉禟パ瞷︽1,000じ搭︓500じ硂礚いゴ阑ア穨把蚌癡揭祘種饼

ㄆ龟沮現┎参璸矪戈陪ボ翠92,600ア穨讽い╧┦63 200┦玥Τ29 400╧┦ア穨瞯3.2%τ┦玥2.4%碞╧┦τē厩祘ア穨瞯3.7%琌┮Τ厩菌舱い程蔼︓沟蚌癡Ы砰厩い禬筁80%琌┦Τ瞷禜и-

だ猂ㄤ琌產畑竒蕾や琖╧┦琌ぃ┯⊿ΤΜ繧-

圭玧眏戮τぃ钡蚌癡珿穝某龟借琌玠畓沟蚌癡璸购Θ癩現箇衡い現┎ボ穦崩︽沟蚌癡璸购浪癚某и谋眔硂眖セ籔チ矗璶―琌Ч璉笵τ梗⊿Τ眖セ暗癬

埃ぇ沟蚌癡璸购浪癚ㄤ某珹瞷︽戮蚌癡揭祘㎝沮蚌癡诀篶厩┮碞穨逼の蚌癡诀篶瞷ㄓ∕﹚や计肂穦场だ骋刮砰チ丁舱麓のチ常у蝶硂琌ぃ痷タ秆∕ア穨拜肈┮セョぃゴ衡酵硂ㄇだ猂癚阶の種ǎ常竒矗ユ倒現┎

癩現箇衡骋よチ纯璶―砞ミ"ア穨筁寸戳竒蕾穿"ㄆ龟"ア穨筁寸戳竒蕾穿"ヘ琌癸既㎝獶︑腀┦ア穨矗ㄑ竒蕾穿蝴-

ネ程キ璶琌-

锣穨

琌癩現箇衡癸ア穨拜肈硂よ澈唉ぃ矗讽礛現┎弧ア穨ビ叫侯穿侯穿籔チ某"ア穨筁寸戳竒蕾穿"玱Ч琌ㄢぃ阀├

程畊и稱酵酵侯穿拜肈程林阶の砛現囊珹チず常㊣苸現┎糤ρ侯穿τ現┎砛﹛砛秆睦ぃ糤ㄤ龟讽Ы程そガ翠Τきκ货じ纗称狦ぇ膀ê或羆纗称の緇琌禬筁κ货じ硂妓伦玴緇ぇㄤ龟ρ琌Τだ-

ㄤ龟-

镑ㄉノ硂ㄇ緇らョΤ狦硂ㄇ丁穦ぃㄇ鮔и谋眔硂Τ翴弧ぃ筁┪弧眔螟钮翴и-

穦-

淮琌玠-

程и-

瞏桋秸琩硂秸琩陪ボ跋ず烩侯穿ρ侯穿眔び琌ぃ蝴ㄇタ盽ネ惠璶刊ぃìま璓犁緄ぃ▆–ぱ┮尼荐秖の秚借常琌タ盽夹非

и辨硂翴ㄤ龟┕せタρ產淮Ё-

翠暗砛ㄆ薄讽翠穦琌ぃ跌ρ褐ê弧琌も氨氨辨ぱゴぃ瞷Τ侯穿硂贺穦褐膀贺贺ρ筁ㄉぃ翠褐讽礛и-

ぃ發╯ョぃ瑈讽現┎ぃ腀暗⊿Τ硂妓癩現︓さぱи-

現┎Τ或临璶硂妓掇或临璶端硂ㄇρ產み

程砛﹛砛ぃそ秨初の林阶籔и-

現囊のρ刮砰癚基临基–る糤300じ侯穿秈︽礷癚阶の╉ㄤ龟硂贺薄春êㄇみ琌獶盽螟筁碞钩―現┎琁彼иぃ笵現┎硂ㄇ癚阶端硓ρ產みㄤ龟-

┮琌炊硄產畑边边繺禣ノ琌硂筁祘玱琵ρ產谋眔-

砆克砆框斌妓и稱拜拜и-

癩現み︙г㎡セ略朝勉

地某璓勉畊さぱ龟Τ某常栋い癚阶ρ侯穿筁┕硂或癩現箇衡常ゼ纯栋い癚阶筁肈ヘ硂ㄤ龟は琈礚阶и-

ЫずΤ現囊璉春┪⊿Τ現囊璉春ㄆ癸硂拜肈常伐ぇ闽みиチ囊褐現郸祇ēさぱョ穦翴癚阶硂よ肈ヘ讽礛ぃ縒酵侯穿τ临穦癚阶ρ狝叭

渤┮㏄セЧ挡現┎緇癩現纗称盢簎3,500货じ硂ㄇパカチτㄓ癩碔砲絘í砲カチ玱琌Ч礚猭だㄉㄆ龟筀ы褐秨や簔跌穦惠璶粿砲碔腶穦穦ぃ铆﹚ぃ薄狐硂妓穦翠穦"ó反"

箇衡い兜祙叭纔磃の搭弧ㄓ甎甎笆钮ョΤぃぶ穦磃癸畓墩竤玱琌Ч┯踞砲碔腶ら痲腨薄猵穦褐秨や澈礛瞷焚ó薄猵瘤礛Τ膥尿糤ゑ癬┕ㄢΤㄆ矗筁иぃ狡硂癶琌ア辨

筁4侯穿计ヘぃ耞硉どパ┏8窾﹙糤︓┏16窾﹙4ず糤硂ど碩龟紐納現┎琂礛箇璸ゼㄓ侯穿计ヘご穦膥尿糤20%琌硂よ龟借秨や箇衡糤碩Τ11%环环38%硂妓胑í砲钉ヮ-

ネ竒獶盽羮螟︓笷"镑"薄猵τ現┎澈礛跌璝礚窣︓ぃ璹﹚"砲絘帹"﹚竡丁钡ぃ┯粄砲絘拜肈胔好現┎セ⊿Τ港種闽胔畓墩竤の秆∕砲絘拜肈

и-

ρ褐よ癩現箇衡材せ琿疭"ρㄓ琌瞏セЫ㎝カチ闽猔竤現┎ョ妓闽猔ρ拜肈"瘤礛箇衡いガ糤砞30丁ρいみら丁臔瞶いみ㎝ρ狝叭いみ糤砞5丁臔緄皘の1 546臔瞶盝︗单ㄤ龟硂ㄇ糤ぃ筁琌膥尿發干筁┕ぃì

ㄆ龟現┎筁计兜ρ狝叭よ常ゼ笷翠穦褐き璸购ヘ夹砞琁腨セッ环礚猭笷︓惠―虫臔瞶ρ皘近薄猵ㄒき近︘臔瞶ρ皘ρ產Τ窾︓セる近ρ產糤︓窾τキА近丁ョ惠璶30るㄢ阀Τぃぶρ璶︘臔瞶ρ皘盝︗

ρ侯穿よ現┎琌驰闽猔腹玱⊿Τ琁ぉヴ︙穿も癸穦眏疨璶―糤虫ōρ侯穿300じ現┎竚ぇぃ瞶琌硄等秸俱さるら秨﹍パ瞷虫ōρ1,935じ糤︓2,060じ

癩現箇衡材せ琿琌斑琿矗侯穿琌闽約狥﹚﹡糴逼某常矗筁硂贺逼セ螟痷タ腊ρ產膒挡洛励禣ノ拜肈┮︓さΤ17ビ叫產セ翠Τ8窾︓9窾ρ產烩侯穿Τ17ビ叫玥ㄤは莱τ癩現箇衡度Τ琿碞琌弧硂ㄇ杠

ㄆ龟パセ翠癶ヰ玂毁璓ぃぶカチ獵妮い︓Μρ礚ㄌ礚綼ぷㄤêㄇ克酚臮虫ōρ薄猵碞腨瞷筄16窾侯穿いΤせΘ琌蔼闹τ单筁5糤禬筁硂糤硉ゑ耕癬ρ糤硉临璶еは琈ρ砲絘拜肈禫ㄓ禫腨

计ぱ玡厨彻夹肈厨笵"侯穿ぃ镑ノ縒﹡ρ腨犁緄"Τ︗ρ產癘弧"る繷籡男矹るЮ焙籊ㄅ"る┏⊿Τ或窥┮璶焙籊ㄅ

畊現┎钮и-

硂或某癸虫ōρ侯穿秸俱よ種ǎぃ笵-

穦妓稱

ㄏ瞷10窾ρ璸衡肂や–る300じ侯穿糤货せ窾じ筁硂癩現︓盢ㄓ挡衡琌151货じ緇临Τ﹁芖扳眔118货じê货せ窾じ衡琌或

畊チ囊粄ㄏ現┎ぃ糤侯穿夹非肂莱糤ρ侯穿夹非肂タぃ糤瑉禟ぃ糤ㄤ疭瑉禟夹非肂ㄤ龟莱璶糤-

ノ琌ㄓ︑夹非肂ρ┮癸ぃ虫ゎ琌ㄣ砰借ネぃì拜肈ㄤ璶癸ネ溃㎝ō砰猵常ゑ獵羬拜肈

程癩現箇衡そガ计琍戳ずΩ弧だ吭高現囊ミ猭Ы某玱眖ㄓ⊿Τ钮筁и-

矗筁璶糤侯穿300じ硂琌タ絋и稱矗タ絋琌礚阶и-

ㄓ︑或囊チ羛羛穦戮幅チ囊123チ羛幅チ︑パ囊常莱矗や虫ōρ侯穿糤︓2,700じ┪2,900じ礚阶パ囊矗硂璶―セぃ度300じτ琌程ぶ500︓800じ硂璶―矗ㄓ玱弧и-

⊿Τ矗筁琌300じ┮瞷快ぃêぃ琌盾и-

矗璶―ぃ度琌300じτ琌ê或и-

Ω矗璶―杠琌璶矗ぶㄇ獽Τ诀穦Θ矗ㄇ獽懒セぃ砆穦瞶穦и稱眏疨莱癩現计琍戳ず苦眀弧и-

⊿Τ矗筁300じτ瞷び筐┮快ぃ︓礚猭龟︽и螟钡硂弧猭и-

稱や硂癩現箇衡ぷㄤ硂筁寸戳龟悔и-

狟ね穦チ丁诀篶纯竒秈︽ㄇ秸琩砲絘秸琩侯穿秸琩Аだだは琈ρ產ぃ镑窥ノ夹非肂琌ぃ寂や┮и-

ぃ筁琌莱穦約カチ璶―硂癩現箇衡いи-

矗硂翴眏疨Τ醚種ǎ現┎狦⊿Τヴ︙┯空⊿Τヴ︙縩伐莱┤螟弧狝チ囊ㄆщ觅Θ布ョ螟癸穦ㄤ狦и-

щ觅Θ布杠ョ穦и-

炒ぃ竡Ыи-

穦测钮癩現㎝畐叭琍戳莱程∕﹚硂琌-

程诀穦и辨現┎钮и-

港赖㊣苸狦Ч⊿Τヴ︙莱и-

琌螟や硂癩現箇衡

略朝勉

某璓勉畊さ癩現箇衡礚好琌縒疭癩衡硂琌阁禫舦簿ユ癩衡琌礚玡ㄒい璣絪籹癩現箇衡睝礚好拜琌縒疭絪籹ㄓ挡狦玱琌"╆摧硅薄硅竡"癩現箇衡癩現簍勉い瞷"糵稸""铆胺""キ铆"泊羆31Ω讽礛癩現ぃざ種砆у蝶玂拜肈琌癩現玂糵稸铆胺┮孔"紈"琌癸カチ硅薄

–Ω羆服琁現厨┪蔼﹛┕砐拜ゲ礛碻ㄒ计衡翠竒蕾よ藕Θ碞翠瓣チネ玻羆А25,000じ瞴逼︽材竒琌禬璣话禩羆肂璸衡翠︗瞴材蹲纗称羆肂璸衡翠材︗靡ㄩカ初カ材︗и-

局Τ程羉Γ砯耫翠材程羉Γ瓣悔笲诀初兜竒蕾Θ碞и-

莱讽ぉ﹚妓璶琌チネ借竒蕾祇甶莱э到チネ借τぃ莱虫琌Θ程碔花﹡︘よ堡翠Τ材竒蕾祇甶场だカチ玱璶筁"材"ネτ翠穦玂毁祇甶琌硈场だ材ぃ硂龟琌翠ぇ翠さぱ穦いΤ╯陪ボ64窾﹡︘砲絘帹硈莱膀セネ惠璶Τ螟и-

Τ窾璶綼侯穿ネ–20%硉糤Τ18窾⊿Τì镑﹡┮150窾毙▅祘いだぇ骋笆⊿Τヴ︙癶ヰ玂毁翠ゴぇョ材硂碞琌翠チネ猵
翠ら痲砲て璉春癩現崩さ癩現箇衡硂琌睲贰"旅碔現┎臮砲絘"癩現箇衡翠┎Г局货じ纗称ㄤ龟莱赣琌货じ纗称さ緇150货じせ︓箇代緇432货じτ〓︓箂箂箂〓箂箂3癩現緇589货じ畊螟笵硂碞琌癩現"秖玥"螟笵璶砍﹁臟隔и-

临璶纗称陆陆糤薄猵扒候カチ壳繷翠┎"睫泞"ごぃ糤チネ砞秨や侯穿ぃ场厩らご礛换换礚戳褐秨や糤笷6ㄓ程翴蚌癡щ戈ゎΩ筁猔戈5货じ獽衡ЧΘ砫ヴ讽礛癩現穦碻ㄒ穐ㄤ"ド"弧そ秨やぃ眔禬筁竒蕾糤ㄆ龟產–Τ秖緇硂碞靡現┎Μ禬秨やи璸衡筁狦さи-

やκ货じㄏそ秨や瓣チネ玻羆パ瞷18%糤︓20%碞ㄏゼㄓ箇衡跑キ颗箇衡ê碞ぃ穦Τ緇Τ粄翠璶磷í箇衡緇箇衡妓ぃ"瑍ゼㄓ窥"璶ぃ眔Τ窥"瑍"ョ琌竜筁

癩現箇衡ョ琌"瑈穦硋肅秨い玻顶眔ぃ纕ア膀糷カチ礚败"よ癩現搭皊祙ㄏ翠畐┬搭ぶ1货じ秈等珇纜皊遁瑈穦ガ箇衡êぱセЫ舧羘筽笆и-

秈瑈穦讽礛琌硋肅秨セㄓ搭皊祙琌礚或ぃ讽癩現┶荡糤ρ侯穿300じ玱搭皊祙硂碞Θ眏疨癸ゑ┮孔"Χ皊隔Τ珺ρ"綷厨笵Χギ棚某禦100窾じ皊┮Χ﹚皊瞷虫ōρ临璶浪ブ綯砒芥蝴ネ璸硂琌糶酚セㄓиЧぃは癸搭皊祙皊祙ぃ琌ぃ狥﹁︙ぃ翠ρ暗ㄇひ㎡搭皊祙琌癸遁皊顶糷繟睰糤ρ侯穿玥琌撤い癳瞷癩現繟睰τぃ撤い癳硂ぃ虫ゎ稰框狙穦砲いρ稰极

畉昏よ瘤礛癩現羘嘿璶临碔チ﹍沧畉昏临璶糤场だ钡20%场だ跋﹡チョ璶ユㄓ硂よ璽踞盢穦↖Τ场だカチ璶ユ50%畉昏硈墩盢╬加穨璽踞崩蔼硄等膀糷カチ﹚"礚败"俱癩現箇衡程眔苂琌癸羱祙矪瞶耎祙顶盢龟借ㄏい玻顶糷搭淮祙叭璽踞и弧-

い玻顶琌眔ぃ纕ア癩現ゼ矗ヴ︙溃ы加基ㄣ砰惫琁搭祙ご璶焙禥焙禥加硂碞琌い玻顶糶酚程搭祙ぇ羱祙穦淮ㄇ-

眔或

畊и辨戮穦羛幅癸さ癩現箇衡щや布иビ戮幅羛セЫㄤ龟地某弧筁現囊计某のЫ穦狝叭ρ舦痲刮А璶―癩糤ρ侯穿300じタ硂单ㄓ糤や货じ癸翠癩現猵ㄓ弧琌を畐叭纯㊣苸セЫ璶俱砰箇衡иぃ辨и-

某俱砰竡碾10窾砲ρ褐狦硈10窾砲ρぃ腀穿もи-

硂箇衡セ碞摧ぃи㊣苸セЫ某霍み癩現ビ"ぃρ侯穿砰璓ぃщや布"硂琌ぃ璶琍戳璓淮淮弧獽衡讽礛и程辨Ы璓щ觅Θ布硈и︑ず辨さщ觅Θ布璶妓狥﹁碞琌璶癩現镑眖到瑈钡计ミ猭Ы某種ǎㄏищ材Ω觅Θ布и辨Τ诀穦琵ищ觅Θ布

セ略朝勉谅谅畊

糂簙煌某璓勉畊さ箇衡い戳箇代い癩現箇璸ゼㄓ3疭跋現┎惠璶矗ㄑ500货じ蹿兜獽秈︽臟隔祇甶郸菠兜纔璸购堡琌癸ゼㄓ︙矗どセ翠穨祇甶蔼穝м砃玻穨癩現玱礚矗の

畊瘤礛箇衡簍勉材41琿癩現矗箇痙蹿兜非称秈︽厩堕材戳祘の砞ミ材丁穨мいみ弧╯璸购︗べ碩ノ琌砞ミ材穨恏琌硂ㄇ箂琍灿窰璸购礚猭被籠現┎戳ㄓセ碞Ч俱穨祇甶璸购

ぷㄤ框狙琌癩現簍勉材27琿い很崩現┎癸崩笆セ翠穨ど砫ヴ被耿セ翠穨みて㎝礚て┮肩旅诀癩現嘿"現┎砫ヴ琌矗ㄑ続坝穨祇甶吏挂и-

眖ぃ粄и-

穦ゑêㄇセō戈┯踞繧坝箇代カ初惠―┦借㎝镣墩┮讽ㄇㄈ瑆跋筿穨祇甶筁脖┮盿ㄓ癴挂セ翠竒蕾せご瞷▆"

畊現┎硂贺崩祇甶セ翠蔼穝м砃玻穨砫ヴ虑琌τ獶港礛ㄈ瑆ㄇ跋ヘ玡瞷筿穨祇甶筁脖瞷禜琌硂贺瞷禜ゼ靡ㄈ瑆穝砍穨跋祇甶笵隔琌岿粇籔翠ゑ耕癬ㄓㄈ瑆穝砍穨跋パ玻穨锣いの崩笆穨蔼мて穨ミ蔼м蔼玻穨膀娄︓琘摸玻珇瞷筁脖,琌の秸俱玻珇挡篶拜肈翠薄猵玱琌セ蔼м蔼玻穨膀娄
畊翠⊿Τ眏墩蔼м蔼玻穨膀娄翠﹚羉篴碞ぶ眏や琖ヘ玡翠狝叭穨玻笷セネ玻羆90%τ穨玻10%τ贺綼狝叭穨竒蕾琌ㄌ苦の竒蕾吏挂笲ス竒蕾吏挂猧笆翠竒蕾盢伐≧阑

狝叭穨琌翠竒蕾纔墩讽礛璶膥尿祇甶τ翠竒蕾や琖ぇ┬玻穨ヘ玡盢埂㎝˙現┎戳ㄓ蔼基蔼加基現郸盿ㄓ琘贺穦诀㎝腨穦癸к薄狐パ┬玻穨肩旅诀и-

ョ狦ぃの祇甶セ翠蔼穝м砃玻穨セ翠狝叭穨祇甶盢笿螟ㄒ籹硑穨癟硉典罽τ旧璓ら镣腨挡篶┦ア穨盢琌セ翠砲瞷禜㎝獀薄猵碿てセ膒挡琌セ翠褐秨やㄒア穨侯穿秨やア北慍ど璶

畊タ砛闽みセ翠穨祇甶┮翠琌Τ兵ン祇甶蔼穝м砃玻穨材翠Τ▆㎝祇笷磕戈╰参材翠Τ祇笷獺穨材翠Τ耕眏カ初秨祇翠ヘ玡ゑ耕ろ琌м砃╯秖い瓣ず玱Τ耕蔼м㎝キτず┮タ琌瓃翠3纔禫兵ンヘ玡翠龟悔ノ︑Τ兵ン硄筁籔ず秈︽纔墩が干眏ㄓ龟瞷翠穝竒蕾锣Ω翠竒蕾锣眖籹硑穨锣狝叭穨琌ノ嘲稧基㎝骋笆τ瞷讽翠穨炒挂ぇいノ嘲耕秈м秖崩笆セ翠穨ど

畊穝℡龙瓣芖单ㄈ瑆穝砍穨瓣產㎝跋パΝ跌崩笆穨どヘ玡ミ蔼穝玻穨膀娄穝℡︑せき縒ミ獽贺纔磃現郸ま阁瓣穨ㄓщ戈砞ミそ︓さ穝℡筿穨冻栋Θ蔼м玻珇ネ玻いみ龙瓣せ︓30丁ノ70货じま秈兜瓣м砃τ龙瓣祇甶щ戈ヘ玡笷3.5%籔瓣㎝らセ钡龙瓣現┎临矗︓箂箂現┎㎝チ丁癸мщ戈盢瓣チネ玻羆5%翠竒禣︓さセネ玻羆ゑㄒだゑㄓ璸衡陪ボ現┎癸祇甶蔼м玻穨伐狠┛跌︓芖Ν18玡穝λΘミ蔼м堕跋讽Ы矗ㄑ5祙の挤蹿贱纘蔼м玻珇╯㎝砞璸秖まм穨堕承穨┮芖20筿福祇甶の旧砰穨よ眔陪纔墩ゑ耕癬ㄈ瑆ㄤ纒ㄓ翠岿ア祇甶蔼穝玻穨▆诀硂籔現┎虑"縩伐ぃ箇"現郸癸崩笆セ翠穨礚┮Τ讽盞ち闽玒

畊箇衡埃竒蕾┛跌祇甶蔼穝м砃玻穨チネ┛跌癸セ翠い玻顶莱Τ酚臮穝癩現る51,300じ616,000じ⊿Τ矗蔼祙肂の璹娩悔祙顶τ磃る56窾じい玻顶玱琌セ翠竒蕾祇甶璶や嫉秖-

讽いΤぃぶ祘畍の贺盡穨沮現┎参璸矪さるそガ参璸厨陪ボ埃セ翠砲禫砲碔禫碔ぇセ翠い玻顶ョ菲秈砲絘顶厨陪ボい玻顶︘めΜ┮ゑㄒ瞷镣墩硂籔ヘ玡翠祙癸い玻顶ぃそキㄏ-

璽踞祙蹿筁龟悔Μ盞ち闽τい玻顶ぃㄉ︘そ┪潦禦﹡褐パЖみ顶糷︘虫︗セō计秖碞ぶい玻顶產畑荡场だ"焙"禥┪ㄑ禥加秆∕-

︘拜肈

畊搭絯い玻顶產畑ㄑ加璽踞翠秈羛き纯璓ㄧ羆服某現┎σ納Ω竚穨矗ㄑ莱处羱祙糴搭框狙琌Τ闽某ゼ莉眔現┎钡τ現┎┶荡钡翠秈羛Τ闽某瞶パぃì窖蹦Τ闽某穦ㄏ祙跑眔羉馒のだ侩琌Ω竚穨Τ螟单м砃拜肈龟悔琌秆∕︓現┎Ω竚穨矗ㄑ祙兜糴搭癸礚斗处竚穨祙┪ㄤ竚穨ぃそキぃ︘竲礚斗处竚穨種-

竒蕾猵▆礚斗現┎矗ㄑ祙兜糴搭τ材Ω竚穨┪Ω竚穨種-

筁┕加基ど筁祘い痲い玻顶Ω竚穨矗ㄑ莱处羱祙糴搭某眔現┎稸σ納Τ闽ㄤチネ拜肈疭琌ρ侯穿糤讲蚌某竒翠秈羛祇ēиぃゴ衡仑瓃

畊セ略朝勉

SUSPENSION OF SITTING
穦某既氨

畊酚穦某盽砏セ畊瞷ガ既氨穦某ガぱと230だ尿穦

Suspended accordingly at four minutes to Eight o'clock.
穦某笶と756だ既氨
1 计沮ㄌ沮菌癩現箇衡ンA

2 ǎ翠疭︽現跋現┎膀せ厨22

3 ǎ1997︓1998癩現箇衡ンA

4 ǎ綡攫动玡翠癩現籔現郸ぇ祇甶Χ冻簙单帝玡翠現竒墩籔籓翠闽玒309穨眏き
︓き非玥ǎ菌癩現箇衡

5 ǎ︓癩現箇衡癩現簍勉材77-78琿
6 ǎ綡攫动秖獶ド翠竒蕾ら厨るら

7 ǎ綡攫动筁寸戳箇衡菌種竡獺厨癩竒るる45のǎ瓃爹328-330
8 ǎ癩現"ミ猭Ы癩竒ㄆ叭〆穦矗ユ戈ゅン  癩現纗称恨瞶"材せ琿るきら
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LEGISLATIVE COUNCIL - 9 April 1997
148
ミ猭Ы  るら

LEGISLATIVE COUNCIL - 9 April 1997
149
ミ猭Ы  るら

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