德勤2024年《施政报告》建议：加速经济增长和创新发展动力

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The Hong Kong economy is projected to perform steadily in 2024, with real GDP growth of 2.8% and 3.3% in the first two quarters year-on-year, while the unemployment rate remains low at 3% [4] - The report emphasizes the need for sustainable development models in Hong Kong amidst macroeconomic challenges, including geopolitical factors and global growth slowdown [4] - The report outlines policy recommendations across four key areas: public finance, northern development, innovative technology, and financial markets [4] Summary by Sections 1. Review of Public Finance - The government faced significant challenges in public finance, recording deficits in four out of five fiscal years since 2019/20, with fiscal reserves declining from over HKD 1.1 trillion to approximately HKD 730 billion [6] - The report suggests establishing a dedicated task force to review public finance and tax systems, exploring new revenue sources while considering the burden on citizens and SMEs [8][10] - Recommendations include increasing airport departure tax and introducing land and sea departure taxes to enhance government revenue [12][15] 2. Northern Development: Promoting Pilot Areas - The report supports the government's initiative to develop the Northern Metropolis through public-private partnerships, emphasizing the need for market capital to accelerate project development [15][16] - It suggests a phased approach to develop pilot areas with clear asset definitions and rules to attract diverse investment [17][18] 3. Innovative Technology: Popularizing Artificial Intelligence - The report identifies innovative technology, particularly AI, as a crucial growth area for Hong Kong's future development [20] - It recommends establishing a comprehensive regulatory framework for AI to clarify legal responsibilities for developers and users [23] - The report advocates for the government to set a long-term vision for widespread AI application across various sectors, including healthcare and education [24][26] 4. Financial Markets: Strengthening Capital Inflows - The report highlights Hong Kong's role as an international financial center and suggests measures to enhance financial flows between Hong Kong, the Greater Bay Area, and international markets [27] - Recommendations include facilitating the establishment of family offices for high-net-worth individuals from mainland China in Hong Kong and expanding cross-border investment options [29][31] - The report also proposes tax incentives for sovereign wealth funds from Gulf Cooperation Council (GCC) countries to establish regional headquarters in Hong Kong [33]