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 From Hong Kong's Information Services Department
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June 2, 2007
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Economy
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Report on rich-poor disparity ready soon: FS

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FS at radio show
Sharing session: Financial Secretary Henry Tang describes the Commission on Poverty's work to a radio show audience.

The Commission on Poverty will table its report to the Government while findings of a study on the disparity between the rich and poor in Hong Kong will also be ready, Financial Secretary Henry Tang says.

 

He refuted claims that he had accepted advantages from business people during his recent private trip to Europe, adding transportation relating to his tour was arranged strictly in accordance with Government guidelines - with no conflict of interests.

 

Speaking on a radio show, Mr Tang said the work to aid the disadvantaged should continue, adding the Chief Executive has pledged that the next Administration will accord priority to helping this group.

 

On the proposed Lantau concept plan, Mr Tang said the Government will focus on development and conservation. Noting heritage preservation and infrastructural development are of equal importance, Mr Tang said the community must strike a balance when discussing any development plans.

 

Turning to his work, the Financial Secretary pointed out Hong Kong has undergone ups and downs since Hong Kong's reunification with the Mainland in 1997.

 

Hardships overcome in last decade

He said the last decade saw principles such as "Hong Kong people ruling Hong Kong" and a "high degree of autonomy" successfully implemented and Hong Kong people's recognition of the Mainland grew. The local economy also experienced the most difficult but unexpected challenges during the period.

 

Mr Tang praised Hong Kong people's resilience and courage in facing challenges, adding their concerted efforts have helped the city overcome hardships.

 

On universal suffrage, Mr Tang said the Government is fully aware of the community's aspirations, adding the roadmap and timetable are being worked out. He reminded listeners any proposal must gain support from two-thirds of lawmakers and win the Central People's Government's approval.