The hard work over the past two years, of intensive and widespread consultation and of putting the proposals together, will be lost. Worse, the mutual trust we have taken pains to build between the central government and ourselves, the trust we need to take our democratization forward, will dissipate.

I suggest we work on all these elements and reach the final destination of universal suffrage as quickly as possible.

In order to reach universal suffrage, we have to build trust.

Strong government is a prerequisite for economic development.

This is the busiest time for national leaders. What I am going to do on this occasion are practical things, which may bring greater benefits to Hong Kong people and bring new opportunities for economic development, and help further modernization of the nation as a whole.

Our connections with the mainland have given us an obvious edge over our competitors in servicing the financing and investment needs of mainland enterprises.

These proposals will lead us to the ultimate goal of universal suffrage.

I understand it is bad politics to cut spending or raise taxes. So you pray and pray that this is not dangerous, and as long as nothing happens in your term, it's okay.

I understand that the matter is being actively looked into and the case will be referred to the prosecution department before January 6.

We have discussed this development for a long time. We should be able to spend and not drag our feet anymore because thousands of construction workers are waiting for work from the project.