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Budget Speech

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  Paragraphs
Introduction 2 - 8
Economic Situation in 2024 9 - 16
Economic Outlook for 2025 and the Medium Term 17 - 27
Strengthening Foundation to Accelerate Development 28 - 30
Upholding Principles and Innovation, and Cultivating New Quality Productive Forces 31 - 35
Innovation and Technology  
Artificial Intelligence 36 - 52
Technology Empowering Industry Development 53 - 58
Patient Capital 59 - 60
Northern Metropolis  
Industries and Spatial Distribution 61 - 71
Strengthening Industries with Competitive Edge 72
International Financial Centre 73 - 104
International Trade Centre 105 - 116
International Maritime Centre 117 - 121
International Aviation Hub 122 - 125
Healthcare Industry 126 - 128
Cultural and Creative Industries 129 - 133
Tourism Industry 134 - 147
Education Industry 148 - 150
Talent Hub  
All-out Efforts to Trawl for Talents 151 - 154
All-out Efforts to Nurture Talents 155 - 156
Enhancing Collaboration with Cities in the Greater Bay Area  
Medical Co-operation 157 - 158
Data Flow and Exchange 159
Financial Co-operation 160
Youth Exchange 161
Co-operation in Transport and Logistics 162
Co-operation Relating to Construction Industry 163 - 165
Legal Co-operation 166
Development of Qianhai 167 - 170
Accelerating Green Development  
Green Industries 171 - 176
Green City 177 - 182
Land and Housing Supply  
Land Supply 183 - 187
Housing Supply 188 - 189
Infrastructure Development  
Transport Infrastructure 190
Professional Development of Construction Industry 191 - 193
A Caring and Inclusive Community  
Support for Youth 194 - 196
Caring for the Elderly 197 - 199
Support for Working Families 200
Child Protection 201
Support for Persons with Disabilities 202 - 203
Women's Development 204
District Services and Community Care Teams 205
Enhancement of Public Healthcare System 206 - 208
Combatting Illegal Betting 209
Public Finance 210 - 215
Revised Estimates for 2024-25 216 - 220
Estimates for 2025-26 221 - 226
Support Measures 227 - 228
Reinforcing Fiscal Consolidation Programme 229
Strictly Containing the Growth of Government Expenditure 230 - 238
Consolidating and Optimising the Use of Government Financial Resources 239 - 241
Enhancing Public Service Efficiency 242 - 248
Increasing Revenue 249
Bond Issuance 250 - 255
Medium Range Forecast 256 - 261
Concluding Remarks 262 - 268
Supplement
Appendices
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