Free enterprise and the right to private ownership are essential ingredients of our free-market economy. They must be maintained along with those policies that have made Hong Kong an important international commercial and financial centre.

Government involvement in the economy should be kept to a minimum. However, government needs to play a role in maintaining and promoting industrial standards, regulating essential monopolies, ensuring free and fair competition and creating an economic environment that allows business to operate under uniform regulations and share equal access to information and market opportunities.

Government should provide the necessary services and the physical and intellectual infrastructure. It should also encourage private sector participation in providing these, while ensuring accountability to the people.