Hong Kong ¨C Hong Kong leader Carrie Lam said on Wednesday the city was at a new starting point for development under a national security law imposed last year and her priority is to focus on tackling a long-standing housing shortage in the Chinese-ruled city.
Authorities in Hong Kong and Beijing have long blamed unaffordable housing in the former British colony for deep-rooted social problems that they say helped fuel anti-government protests in 2019.
At the center of plans unveiled by Lam in her last policy address in this term of office was a new city in northern Hong Kong, on the border with the mainland¡¯s technology hub of Shenzhen, covering 300 square kilometers with ultimately up to 926,000 residential units for some 2.5 million people.
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