The Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, announced in a blog post on the 23rd that a new budget for the government will be released on the 26th, proposing a strengthened version of the "fiscal integration" strategy. Chen Maobo stated that making good use of public resources is an important foundation for sustainable social development, continuous improvement of people's livelihoods, and continuous enhancement of efficiency. Faced with the fiscal deficit caused by multiple challenges in the past few years, this budget proposal will propose a strengthened version of the "fiscal integration" strategy, which will strictly control public expenditure while maintaining and improving livelihood services; Moderately open up revenue while considering Hong Kong's competitiveness and the "user pays" principle; Flexibly utilize other public resources and market forces, accelerate development, and invest in the future. Chen Maobo stated that the international environment is complex and ever-changing, and firmly grasping the opportunities for future development, especially the innovative applications and new increments generated by technological development, can drive economic growth, the transformation and upgrading of traditional advantageous industries, and the development of new economic momentum. By continuously reforming and seizing opportunities in the changing situation, we can inject momentum into sustainable economic development. Chen Maobo stated that the cover color of this year's budget is lake blue, representing a blue ocean and infinite opportunities in the future development trend, as well as a strong foundation for high-quality economic development. With the solid support of the country and the joint efforts of all sectors of Hong Kong society, we have firm confidence and beautiful expectations for the future. (New Society)