In its letter to the sole CE Candidate John Lee, the Chamber has made a range of recommendations including the call for a clear roadmap to restore links with the rest of the world.

The Chamber welcomes the proposal to grant qualifying entities the right to enjoy tax concessions as this would further consolidate Hong Kong’s position as a premier international financial centre. At the same time, the Chamber calls on the government to also address non-taxation issues to better position Hong Kong as a preferred destination for family offices.

The Chamber appeals to the Government to give due attention to protecting economic viability and maintaining business stability in the interest of maintaining the city’s status as it steers Hong Kong out of the fifth wave of the pandemic. To achieve these goals, the Chamber has called for the formulation of a clear and predictable action plan for recovery and restoration to normality. This also includes ensuring continuity in the delivery of critical services should such extraordinary measures as compulsory universal testing and a citywide lockdown be implemented.