Thursday, October 26, 2023

Hong Kong Policy Address A Buffet of Words

A record-long policy address with few highlights


Yesterday Hong Kong Chief Executive John Lee Ka-chiu delivered his policy address in the Legislative Council, which took him a record three hours and 22 minutes to deliver -- sitting down.

One person on X, formerly known as Twitter, compared this number to the statistics of runners in the 2023 Standard Chartered Marathon. It seems 377 runners were faster than Lee giving his speech.

CE supporters wore green ties and scarves
Another observation was that the pro-Beijing camp wore green neckties or scarves as a show of solidarity with the chief executive.

Some critics described the policy address as lacking focus, comparing it to an all-you-can-eat meal.

"It is like a buffet dinner, it needs a theme such as Tasmania Oyster or Argentinian steak to attract diners. If the investment theme is about everything, it is hard to attract investors," said Simon Lee, co-director of the International Business and Chinese Enterprise program at Chinese University.

Centrist lawmaker Tik Chi-yuen described the policies for the welfare sector as "putting old wine into a new bottle."

"It seems like the city leader copied and pasted welfare measures proposed by different parties and NGOs to his policy address. You cannot see a well-designed strategy, with timetable and priorities, presented inside the blueprint," he said.

Tik says Lee's speech on welfare had no strategy
One policy that shows how out of touch the Lee administration is, is the attempt to boost the city's birthrate by promising parents of newborns will be given a one-off amount of HK$20,000 and would be prioritised for subsidised housing (as long as they don't make more than HK$62,000 a month).

Compare this proposal with Singapore, which is handing out the equivalent of HK$62,000.

Does Lee not know how much it costs to raise a family, or how much rent is these days? HK$20,000 is a drop in the bucket and will hardly push the birthrate up...

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