Hong Kong must revive growth and drive reforms with government’s ‘visible hand’

Hong Kong authorities should act as a “visible hand” to break down barriers erected by vested interests and revive growth momentum through reform under its maiden five-year plan, a former Beijing official overseeing the city’s affairs has said. Deng Zhonghua, former deputy director of the State Council’s Hong Kong and Macau Affairs Office, also said on Saturday that Hong Kong must empower emerging industries through deregulation and improve mechanisms for sharing the benefits of development in...