Page 89 - Demo

This economic review exercise will focus on studying the latest trends in the world and forming a future economic growth strategy for Hong Kong. Given the strategic significance of this exercise, it should be led by the Financial Secretary and carried out every ten years.Under the guidance of the economic review, industrial policies should be formed as an effort to facilitate the growth of certain strategic industries, for instance, the trading and logistics industry. Such work needs to be led by a bureau with business acumen and determination to drive growth. Among all the bureaus, the Commerce and Economic Development Bureau is most suitable to take up the above responsibility, given that its existing role and mandate match the requirements set out above.To support the implementation of the industrial policy, good land use planning is essential. Such responsibilities naturally fall on the Development Bureau. In fact, its future strategic planning exercise will reflect the recommendations of the Economic Review and follow the specific land demand depicted in the industrial policy. Other relevant bureaus, like the Transport and Housing Bureau and the Innovation and Technology Bureau, should also work together closely to provide support for the implementation of the industrial policies.87