Hong Kong resisted rigid 5-year plan goals to allay planned economy fears: minister

Hong Kong resisted rigid 5-year plan goals to allay planned economy fears: minister

Hong Kong refrained from setting overly rigid economic indicators in its first five-year plan to avoid fuelling concerns that it was moving towards a planned economy, according to the city’s constitutional affairs minister. The current priority should be hitting targets instead of dwelling on accountability mechanisms for potential shortcomings, Secretary for Constitutional and Mainland Affairs Janice Tse Siu-wa said. Tse also emphasised the government’s efforts to explore administrative...

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