The government of the Hong Kong Special Administrative Region (SAR) will try to improve the business environment and attract more investors in the following years. Tung said the government attaches great importance to the business environment and will review the business policy from time to time for improvement.
Tung Chee Hwa, who has announced the candidacy for the chief executive of the Hong Kong SAR for a second term, made the pledge at the consultation session with the professionals sector of the Election Committee Thursday in Hong Kong.
Tung said the government attaches great importance to the business environment and will review the business policy from time to time for improvement.
The overseas investors have in general showed satisfaction about Hong Kong's business environment, in terms of the rule of law, the mechanism of fair competition and the free market, he said.
However, the government still needs to do more to improve it, such as accelerating the approval of overseas investment and formulating laws favorable to investors, he added.
Tung said that he had often taken into account the investors' return, which would be critical to attract overseas investors to Hong Kong.
"Only if investors can make money will they come to Hong Kong," he noted.
He said that Hong Kong has many priorities, for example in financial service, and that Hong Kong must consolidate these advantages for further business expansion.
( January 31, 2002)
