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Motion on “Formulating a long-term and comprehensive industrial policy” (Amendment passed)

Hon Charles Peter MOK’s amendment
(#Note: Bold and underlined: Additional wording; Deletion line: Deletion of original wording)

That, as Hong Kong’s overall competitiveness declines, this Council urges the SAR Government to expeditiously formulate a long-term, comprehensive, balanced and forward-looking industrial policy to introduce development strategies and ancillary measures for pillar industries, emerging industries and traditional industries respectively, and allocate resources government surplus correspondingly, so as to create a diversified environment for employment and, business operations and business start-up, facilitate knowledge exchange and international cooperation which are conducive to Hong Kong’s economic restructuring,; this Council also urges the SAR Government to promote the development of local innovation and technology industries and consolidate Hong Kong’s competitive edge in Asia Pacific and internationally, so as to enhance overall competitiveness, ensure sustainable development of Hong Kong’s economy and stable growth of government revenue, thereby allocating more resources to sustainably nurture local talents which meet the needs of the development of industries, and enhance the quality of manpower resources; at the same time, the SAR Government should also formulate specific support measures for the development of industries, create employment opportunities to retain talents, improve the mismatch of local manpower resources, and create more upward mobility opportunities for new generations, thus improving people’s livelihood.

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