October 14, 2009

  • <Highlights of policy address>

    Government highlights are here.

    My comments

    - Fail to give broad, long-term aspiration i.e. short-sighted (which is actually not a bad thing)

    - Nothing new; nothing surprising. Policy very piecemeal

    - Continue to focus on 政績工程 (六大優勢產業) : From the very beginning I fail to see any comparative advantage or competitive advantage, for Hong Kong to develop these industries.

    - No concession measures. Finally our government is not disturbing my money to many ones NOT in need.

    - No controversial items

    - Further confirm the one country one system long-term hypothesis

    - Rebuilding Central. The very very position news. They are going to supply a hotel (Murray BLDG), office (existing government headquarter). Finally, we can possibly see more office supply in Central that address the “long-term” demand

    - Actually, I like government to do less rather than more, because, it is likely than no that it will do the things completely wrong.

    —————

    BTW, the last link on office demand comes from a 2030 Planning Study. Basically, this is a study conducted upon the request of CH Tung (董建華), back to his early days of being CE.

    — The whole exercise started in 2001, and ended in 2007 (almost 10 years if you count back the preparation work)

    — Planning department had at least 4 sub-sections to handle this exercise (i suspect this strategic planning section and its sub units, here 1, 2, 3 and 4, all did not exist before this 2030 exercise). Of course, this section is still here after the exercise ended

    If you take these into account, the study, in a nutshell, is really funny. It just repeats mothers-are-all-female statements again and again.

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