Lam highlights pragmatic solutions

On Wednesday, Carrie Lam Cheng Yuet-ngor presented her first policy address since taking office as chief executive of the Hong Kong Special Administrative Region in July, making clear that her focus is on improving people's livelihoods.

The snapshot of the policies she presented clearly showed that she knows what Hong Kong needs to remain competitive and prosperous - good governance, an innovative economy and high-quality talent, as well as practical measures such as tax cuts and more subsidized housing.

Words such as technology and innovation were peppered throughout her speech as urgent requirements if Hong Kong is to reinvent itself for the new era. And with this in mind, the government intends to support eight key areas to help the SAR catch up in the innovation and technology race.