HK still world's freest economy

Financial Secretary Paul Chan today welcomed the Heritage Foundation’s ranking of Hong Kong as the world's freest economy for the 23rd consecutive year.

Cutting taxes, fees benefits real economy

According to data from the Ministry of Finance, China’s general public budget revenue in 2016 grew 4.5 percent, which was 1.3 percent lower than in 2015 and the lowest growth rate since 1988.