Contents
Paragraph
Introduction
1 - 3
Economic Performance in 2004
4 - 7
2004-05 Outturn
8 - 13
Consolidating our Recovery, Rising to the Challenges
14 - 17
Reinforcing our Strengths
Improving our Business Environment
18 - 19
Promoting Fair Competition
20
Accessing the Mainland Market, Fostering Economic Co-operation
21 - 25
Enhancing our Position as an International Financial Centre
26
Improving the Financial Regulatory System
27
Enhancing Corporate Governance
28
Promoting the Bond Market
29
Reinforcing our Renminbi Business
30 - 31
Promoting Asset Management
32 - 40
Developing Tourism
41 - 48
Developing Logistics
49 - 52
Cultural and Creative Industries
53 - 54
Small and Medium Enterprises
55 - 56
Nurturing and Attracting Talent
57 - 58
An Equitable and Sustainable Society
59 - 63
Promoting Employment
64 - 66
Improving Building Safety
67
Tax Relief
68 - 69
Helping the Poor, Promoting Self-reliance
70 - 72
Environmental Protection
73 - 76
Development of Lantau
77
Economic Outlook
78
Economic Prospects for 2005
79 - 81
Medium-term Prospects
82 - 83
Public Finances
Maintaining Fiscal Discipline
84 - 86
Estimates of Operating Expenditure
87
Estimates of Capital Expenditure
88 - 89
Allocation of Expenditure
90
Revenue
Taxes
91
Salaries Tax
92
Estate Duty
93
Duty on Alcoholic Beverages
94 - 97
Rates
98
Government Fees and Charges
99
Sale and Securitisation of Government Assets
100
Tax System
Tax Deduction for Private Medical Insurance
101
Goods and Services Tax
102 - 104
Medium Range Forecast and Fiscal Reserves
Medium Range Forecast
105 - 107
Fiscal Reserves
108
Summing Up
109
Concluding Remarks
110 - 113
Supplement
Appendices A-C
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2004
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Important notices
Last revision date : 17 March, 2005
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