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| No.2 April, 2011 |
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A breakthrough in Hong Kong's position complementing the National Five-Year Plan |
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 The Outline of the 12th Five-Year Plan for the National Economic & Social Development of the People's Republic of China has been promulgated, with a chapter dedicated to Hong Kong and Macau.
The chapter elaborates on the significant functions and positioning of Hong Kong in the development strategy of the nation. This is a significant breakthrough in Hong Kong's efforts in complementing the National Five-Year Plan.
Chief Executive Donald Tsang thanked the Central Government for their continued strong support for Hong Kong.
"The 12-5 Plan is the blueprint and action agenda for the economic and social development of the nation in the next five years. The dedicated chapter signifies the Central Authorities' strong support for maintaining the long-term prosperity and stability of Hong Kong and provides an historic opportunity for the future development of Hong Kong," Mr Tsang said.
"It also enables Hong Kong to decide, under the One Country, Two Systems principle and the Basic Law, our development directions, policies and measures that complement the overall national development strategies."
Government bureaus will be responsible for formulating corresponding policies and measures according to the substantive contents of the plan. They will continue the dialogue with their stakeholders and take forward the complementary work in an open and pragmatic manner. According to established practice, they will also consult the Legislative Council on matters that have significant policy and public expenditure implications.
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