Support for HK 'consistent and firm'
By Ben Yue in Bali ( China Daily )
Updated: 2013-10-06
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Chinese President Xi Jinping (right)?meets with Leung Chun-ying, chief executive of the Hong Kong Special Administrative Region (SAR), on Sunday ahead of the?APEC?summit on the Indonesian resort island of Bali.[Photo/Xinhua] |
Chinese President Xi Jinping said on Sunday that the central government's stance of supporting Hong Kong's economic prosperity and social stability is consistent and firm.
Xi made the remarks when meeting Leung Chun-ying, chief executive of the Hong Kong Special Administrative Region (SAR), ahead of the APEC summit.
The president fully endorsed the work of Leung and the SAR government and encouraged the government to carry on its work.
Hong Kong's economic development is stable, Xi said. The SAR government's ruling principle of seeking changes amid stability, and its policies of improving local livelihoods, especially in public housing, poverty alleviation, retirement, environment protection and supporting the economy, among others, have won acknowledgement from Hong Kong people, he said.
The central government will consistently support the SAR government in its efforts to build a prosperous and stable Hong Kong society, Xi said.
Noting that China will host APEC next year and Hong Kong SAR will be the venue for the APEC finance ministers' meeting, Xi said the central government will communicate and coordinate with the SAR government on the issue.
Leung expressed gratitude for the central government's support.
Since taking office in July 2012, Leung's government has launched a series of policies to solve housing problems in Hong Kong, one of the world's most densely populated cities.
His policies include imposing special stamp duty, buyer's stamp duty and double stamp duty against property speculators to deal with rocketing property prices, building 75,000 public housing units by 2017 and enlarging the land supply for housing.
Late last month, the SAR government also established a new official poverty line, which is 50 percent of the city's median household income. Around 1.31 million people, or about 20 percent of the city's population, fall below the poverty line.
The new policy will make it easier to identify low-income families in need of subsidies.
benyue@chinadailyhk.com
Schedule
President Xi visits Indonesia, Malaysia, attend APEC summit
Oct 2 to 3: Pay State Visit to Indonesia
Oct 4 to 5: Pay State Visit to Malaysia
Oct 6 to 8: Attend the 21st economic leaders' meeting of APEC forum and meet with global leaders in Bali, Indonesia
Forum
China's growth to benefit the world
With the US in a declining mode, the world needs a steadier China.
Thoughts after hearing Xi's speech
I was very happy to see that Xi Jinping did focus on trade and on the importance of Asia Pacific trade being cooperative and inclusive.
