Budget 2016: Spending the surplus #5 – Sin Chung-kai (單仲偕)

What’s an FS to do with $100 billion spare cash? LegCo members weigh in on priorities for  the surplus, whatever it is. Today: Sin Chung-kai.


Sin Chung-kai (單仲偕) – Democratic Party; GC Hong Kong Island

I hope the Financial Secretary will really allocate more resources to our healthcare system. CY Leung mentioned in his Policy Address a $200 billion blueprint for public hospitals in the next 10 years. That amount of input will not be enough to support our aging society, especially when we are already facing a serious shortage of hospital beds right now.

I’m not particularly against investing in the ‘One Belt, One Road’ initiatives, but the money should be spent with greater reference to Hong Kong people. Take the $10 billion scholarship fund for example, the scholarships should be offered to local students applying for universities in the Belt and Road countries, not the other way round. As for the budget surplus, I’d go for tax refunds and subsidies for electricity bill.

the author

Alex Fok is a Harbour Times journalist monitoring Hong Kong's daily political scene and diplomatic updates. He obtained his bachelor's degree in Economics, Politics and International Studies from University of Warwick and his master's degree in International Relations from the London School of Economics and Political Science. He is a former committee member of the Warwick-based Hong Kong Public Affairs and Social Service Society (WHKPASS) and was the chief editor of the society's magazine - PASSTIMES.