2020-2021香港總商會財政預算建議書

22 January 2020

The Honourable Paul Chan Mo-po, GBS, MH, JP Financial Secretary 25/F, Central Government Offices 2 Tim Mei Avenue, Tamar Hong Kong

Dear Financial Secretary

I am pleased to submit for your consideration the Hong Kong General Chamber of Commerce’s proposals for the Government’s forthcoming Budget.

The welcome message on your Bureau’s home website page states that “Financial stability is the key to a stable and growing economy that brings about improvements to people's livelihood.” We could not agree more. This message is all the more valid, against the background of the recent tumultuous and disruptive events in Hong Kong.

The social unrest has created considerable damage to Hong Kong businesses, with many having suffered severe financial losses, and even closed down. As it is business that has always been an important driver of Hong Kong citizens’ welfare, by creating job opportunities, and enhancing economic growth for the benefit of all, there are therefore justifiable concerns about the scope and scale of such challenges and their implications to the SAR.

With this in mind, we believe that this Budget provides a timely, and indeed crucial, opportunity to introduce a carefully-crafted set of measures to help set Hong Kong businesses on the path to recovery, thereby promoting the welfare of Hong Kong society generally.

Our recommendations as to what these initiatives should be, as well as other recommendations designed to enhance the welfare of Hong Kong citizens are set out in the attached submission.

We hope that you will find these helpful.

Yours sincerely

Aron Harilela

Chairman

總商會2020-2021年度財政預算案建議書

香港面對前所未見的内憂外患，正在社會和經濟兩方面奮力求存。社會動盪持續未止，加上地緣政治的不確定性，包括反覆不定的美中貿易關係，皆對本港造成沉重打擊。

為應對當前局勢，繼行政長官於