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Motion on “Optimizing public finances and enhancing the impetus for innovation in Hong Kong’s economy” (Amendment Passed)

Hon Charles Peter MOK’s amendment

(#Note: Bold and underlined: Additional wording; Deletion line: Deletion of original wording)

That, given the lack of impetus for innovation in Hong Kong’s economy, this Council urges the Government to increase substantially its investment in human capital and social infrastructure while maintaining a balanced budget by broadening the tax base and increasing the types of expenditure under the Capital Works Reserve Fund; this Council also urges the Government to formulate long-term, comprehensive and concrete policies on technology industries, including enhancing technology education, creating a good environment for starting up businesses, supporting the development of local applied scientific research and technology transfer, and assisting Hong Kong technological enterprises in developing the local, Mainland and overseas markets, so as to further strengthen the economic impetus of Hong Kong.

Office Of Hon. Charles Mok, Legislative Councillor (IT)