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Consolidating
Strengths, Promoting Development
Furthering
Economic Integration with the Mainland
20.
We
need to strengthen our advantage in having the
Mainland as our hinterland, coupled with our own
international outlook, so as to develop further Hong Kong's economic competitiveness on the global
stage. The rapid economic development and the
optimisation of industrial structure in the Mainland
have presented opportunities as well as challenges.
We should grasp the opportunities and, with
our creativity and versatile spirit, capitalise on
our unique advantages under "One Country, Two
Systems" so as to contribute to the sustained
development of the Mainland's economy. The
signing and implementation of the Closer Economic
Partnership Arrangement (CEPA) with the Mainland is
the clearest manifestation of this
mutually-beneficial economic partnership. We
will continue to work closely with the Mainland
authorities to ensure the effective implementation
of CEPA and discuss further liberalisation measures
with them in order to create more opportunities for
our enterprises to access markets in the Mainland.
21.
The
four Focus Groups of the Economic Summit on "China's 11th Five-Year Plan and the Development of Hong
Kong" have made specific recommendations as to how
we can enhance our competitiveness in areas where we
are strong and facilitate the development of our
nation. The
Government is studying these recommendations in
detail and pushing ahead with those that can be
implemented during the first half of this year.
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