Economics

Hong Kong Chief Puts Focus on Quality of Life in Policy Address

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Hong Kong Chief Executive Leung Chun-ying vowed to boost housing supply, tackle pollution and provide more elderly care, as quality-of-life issues dominated his first policy address as the city’s leader.

Hong Kong, the most expensive city in the world to buy a home, will maintain property curbs for overseas buyers, Leung told the Legislative Council. The supply of housing in the next five years will exceed the previous period by at least 18 percent, according to figures compiled from Leung’s speech.