WoWWC - John Lee Ka-chiu releases the “Chief Executive’s 2024 Policy Address”
For this week on “What’s on World Wide Campus?”, here’s today’s topic about John Lee Ka-chiu releases the “Chief Executive’s 2024 Policy Address”. #JohnLee #李家超 #policyaddress
Chief Executive John Lee Ka-chiu announced an economic reform blueprint on Wednesday aimed at transforming Hong Kong’s traditional sectors such as finance, trade and shipping, and investing in new technology industries, while rolling out a bigger welcome mat for foreign talent and funds.
In his third policy address since becoming Hong Kong’s leader, he also threw a lifeline to the luxury property market, liberalising the loan-to-value ratio for all homes to the pre-2009 level of 70 per cent.
Lee also revealed details of his government’s much-awaited overhaul of the city’s notorious subdivided flats and “coffin-sized” homes, setting minimum requirements for landlords to fulfil such as providing windows and toilets or risk criminal liability.
Read more article on SCMP→ https://www.scmp.com/news/hong-kong/h...
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