Tung vows to enhance advantages
����Hong Kong Special Administrative Region (SAR) Chief Executive Tung Chee-hwa promised on January 20 to reduce the region's business costs and expand investment in education and environmental protection.
����He said the move will be made to improve Hong Kong's competitiveness and to help it surmount current economic difficulties.
����Tung made the statement after a six and a half-hour closed-door discussion with members of his new International Advisory Council.
����The SAR government will invest HK$235 billion (US$30.4 billion) in education in the following five years to train more skilled professionals, Tung said.
����"And we will do a lot of work to improve our environment and sanitary conditions in the future," Tung said.
����Meanwhile, Hong Kong will further fortify its status as a financial center in the Asia-Pacific region and will take effective measures to boost its tourism in coming years.
����"We will turn Hong Kong into one of the most successful international cities in Asia and one of the most important cities in China," Tung said.
����Expanding investment in infrastructural facilities, education, environment and sanitation will help provide more job opportunities, Tung said.
����Hong Kong can transfer its processing industry to the vast mainland market and benefit from the mainland's sustained economic growth, Tung said.( via China Daily by Zheng Caixiong)
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