Chief Executive CY Leung today unveiled the report on the work of the current-term Government in its third year.
Briefing reporters ahead of an Executive Council meeting this morning, Mr Leung said the report, which has been uploaded to the Government's website, covers the Government's progress in major work areas including developing the economy, promoting democracy and improving people's livelihood.
He added that there has been a lot of discussion on Hong Kong's constitutional reform over the past year, but the political reform package was eventually voted down in the Legislative Council by 28 votes, so now the Government will focus on economic development and improving people's livelihood.
Mr Leung noted that a lot of work had gone into developing the economy and highlighted the implementation of the Hong Kong-Shanghai Stock Connect and mutual recognition of funds with the Mainland in the past year.
He said the Government had reached its main goals in the past year of achieving moderate economic growth; full employment; containing inflation; and recording a moderate financial surplus.
In terms of livelihood, Mr Leung stressed that housing is a main focus and that the work report contained short, medium and long-term measures to increase housing supply.
He added that endeavours during his first year in office to boost private housing supply had shown signs of success, as he forecast completion of private units to hit a 10-year high.
The number is 72% higher than the average annual production of the past decade, Mr Leung noted.
He said the Government will continue to increase land supply to tackle the housing shortage and called for the community's support with those efforts.
Click here for the report.
