.Chief Executive John Lee Ka-chiu announced an economic reform blueprint on Wednesday targeted at improving Hong Kong's traditional fields including money management, exchange and also delivery, and acquiring brand-new technology sectors, while turning out a much bigger invited floor covering for overseas skill as well as funds.In his third policy deal with due to the fact that coming to be Hong Kong's innovator, he likewise threw a lifeline to the high-end residential property market, liberalising the loan-to-value proportion for all homes to the pre-2009 degree of 70 every cent.Lee also uncovered particulars of his authorities's much-awaited overhaul of the city's well known subdivided flats as well as "coffin-sized" homes, setting minimum needs for property managers to meet such as giving home windows and lavatories or even risk illegal liability.Owners would need to change their apartments into "essential housing devices" to comply with brand new lawful requirements within a moratorium, but occupants would certainly not experience any penalties, he said.Lee yielded later on at a push briefing that turning partitioned homes into accommodation thought about appropriate, instead of removing them entirely, was not a "excellent 100 percent solution". The ceo began his 3rd policy deal with, titled "Reform for Enhancing Advancement and also Property our Future Together", by specifying how his authorities had actually been directed by a "reform attitude" from the outset and also had satisfied many of the "result-oriented" intendeds he had established." Reform is actually an ongoing process," he told lawmakers, much of all of them putting on eco-friendly jackets or associations to match the colour concept of his plan document symbolizing vigor, consistency and success.