After the WTO meeting, I have been asked by some people what I will be working on next. I see the next three big issues as being:
Ending the cosy relationship between certain businesses and the government. This does not mean bringing in anti-trust law, but rather ending preferential treatment for businesses in certain sectors. For example, the government suspended land auctions in order to support the market, or the government is maybe looking at keeping the duopoloy in the electricity sector.
Related to the first, the next issue is getting the government out of the property sector altogether and selling its entire land bank. Most people in Hong Kong live in shoe boxes and if the government sold all its land holdings, there is potential for more people to own their own place or live in bigger flats.
Again related to the frist, the next big issue is ending the Mandatory Provident Fund and instead making it voluntary.
Other issues include reducing expenditure instead of bringing in a sales tax, allowing for more development of the harbour and going after environmentalists.
