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FS paves way to green, digital future

A number of initiatives and measures aimed at accelerating high-quality development were announced in today’s 2024-25 Budget, with the Government emphasising a move towards a green future and digitalisation.   Explaining that high-quality development spurs ongoing economic innovation and growth whilst conserving the natural environment, Financial Secretary Paul Chan said Hong Kong must pursue opportunities through leveraging its advantages under “one country, two systems”, namely those of enjoying strong support at a national level and being closely connected to other parts of the world.   He stressed that green development involves huge business opportunities and financing needs, as governments and businesses around the world pursue carbon neutrality and green transformation. In addition, he said digitalisation has become a new driving force for economic development, empowering enterprises to enhance efficiency, boost their competitiveness and achieve new growth.   Introdu

CE-elect's office established

The Government announced today that the Office of the Chief Executive-elect has been set up to ensure a smooth transition to the new term of government following the 2022 Chief Executive Election this Sunday.   Former Director of Administration Daniel Cheng has assumed the post of Secretary-General (designate) of the office.   The office will support the Chief Executive-elect in forming a governing team and preparing for policy plans based on the Chief Executive-elect’s manifesto.   It will also collaborate with the incumbent Government for a smooth transition, including making arrangements for major events relating to the celebration of the 25th anniversary of Hong Kong’s return to the motherland, and liaise with different sectors of the community.   Housed on the 26th floor of the Immigration Tower in Wan Chai, the office will have five directorate posts and over 20 non-directorate places. It will formally operate from the day the sixth-term CE is elected and will close by June 30.   On Mr Cheng’s appointment, Secretary for the Civil Service Patrick Nip said: “Mr Cheng is a seasoned administrative officer with rich experience in public administration. I believe that he will serve with professionalism in the new capacity to ensure a smooth transition to the new term of government.”   Separately, Director-General of Trade & Industry Brian Lo will succeed Mr Cheng as Director of Administration from today.   “Mr Lo is a seasoned administrative officer with proven leadership and management skills. I have every confidence that he will serve with professionalism in his new capacity,” Mr Nip stated.
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