On October 20, 2024, Hong Kong Chief Executive John Lee Ka-chiu criticized the notion that protests can serve as a measure of societal inclusivity, labeling this perspective as 'narrow-minded.' His comments came in response to former minister Anthony Cheung Bing-leung's suggestion that allowing protests could enhance the city's international image. Lee emphasized that inclusivity should not rely solely on protests, advocating for diverse methods of expressing opinions, such as seminars and public discussions. [01550e30]
This statement follows Lee's recent policy address on October 16, where he proposed a scheme to encourage Hongkongers to retire in mainland China as a potential solution to poverty. The plan includes offering HK$5,000 monthly to elderly residents living in care homes across the border. However, experts have criticized this approach as insufficient to tackle the deep-rooted poverty issues facing many in Hong Kong. [68145808]
In his economic blueprint, Lee outlined measures aimed at enhancing Hong Kong's competitiveness and solidifying its status as an international financial, shipping, and trade center. The property sector downturn has significantly impacted government revenue, with home prices dropping over 15% since peaking in August 2021. [724c3820]
Despite the economic initiatives, experts have raised concerns about the limited scope of the retirement scheme, which only offers 1,000 quotas. Political commentator Johnny Lau noted that public dissatisfaction with the government's efforts is reflected in low approval ratings for Lee's policy addresses. Many residents feel that the administration's focus on minor reforms does not adequately address significant issues like housing and poverty. [68145808][cd4ae52b]
As the city grapples with ongoing economic challenges, the effectiveness of both the proposed retirement scheme and the broader economic reforms will be closely monitored. Experts are calling for more effective spending and long-term strategies that genuinely address the root causes of poverty in Hong Kong. Meanwhile, Lee's comments on protests highlight the administration's stance on inclusivity and the importance of dialogue in addressing societal issues. [01550e30][68145808]