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take steps to ensure land supply for public housing, raise the mini
mum wage and create more well-paying jobs to improve social mobility for young people.亚博苹果客户端后花园女神会所
The Hong Kong government has announced extra budget measures valued at HK$19.1 billion ($2.4 billion), in
亚博苹果客户端后花园cluding relief for small businesses, more student subsidies and benefits for low-income households.
Chief Executive Lam is expected to give a policy address in October, which is likely to include more enhancements, Wang said.
“First and foremost, Lam, with the support of Beijing, must break the stranglehold of local property tycoons on the亚博苹果客户端后花园女神会所
real estate market and curb their political influence by greatly increasing land supply f
亚博苹果客户端后花园or development and providing more affordable housing for low-income families,” Wang wrote.
“Hong Kong may pride itself as one of the freest economies in the world
but, in fact, the property tycoons are calling the shots on the economy,” he said.
亚博苹果客户端后花园女神会所”For better distribution of wealth,” Wang suggested, “the government can also consider raising taxes on those making HK$2 m
illion a year or more, and increasing taxes on property transactions valued at HK$10 million or more.”
Zheng Yongnian of National University of Singapore noted that the mainland has taken the initiative to adjust its policy on Hon亚博苹果客户端后花园
g Kong, including the plan to build the Guangdong-Hong Kong-Macao Greater Bay Area.
The 141-kilometer Guangzhou-Shenzhen-Hong Kong Express Rail Link will become the first high-speed railway in亚博苹果客户端后花园女神会所
China to have full 5G network coverage along its entire line, Xinhua reported on Wednesday.
China Mobile will work with Chinese telecom giant Huawei Technologies Co Ltd to provide a亚博苹果客户端后花园
full-coverage wireless 5G network for the high-speed railway that connects Hong Kong to the Chinese ma
亚博苹果客户端后花园女神会所inland, according to Wei Ming, chairman of China Mobile Guangdong branch.
Wei made the announcement in Hong Kong during a meeting to witness the for
ming of a 5G industry alliance in the Guangdong-Hong Kong-Macao Greater Bay Area.