Hong Kong's Financial Secretary John Tsang says he has grave concern about Hong Kong's future development in light of recent political volatility, which will affect the economy undoubtedly.
"As Financial Secretary, it is my duty to mobilize resources effectively to maintain Hong Kong's economic development and fiscal health; to support local enterprises, in particular the small and medium enterprises, to cope with economic volatilities; and to safeguard the jobs of workers."
Tsang commented on Wednesday after delivering his annual budget speech. Economic growth in the city came in below the 10 year average of 3.4 percent for the fourth consecutive year.
The major macro-economic indicators are a
