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the actual expenditure was according to this standard, this 'Excellencies' funding arrangements is more fit the actual." Bai Jingming said, spending money not only by budget constraints, will be specified again "card" a two-pronged approach can effectively eliminate the "false economy, really wasted." (EdiChina news agency, Hong Kong, November 8 (Reporter Sun Zifa) - '' Occupation 'campaign I do not think that can bring much benefits for Hong Kong, but the damage is obvious. "Professor Lei Dingming,nike air max italia, director of the Center for Economic Development of the Hong Kong University of Science and Technology He said that we are deeply Hong Kong is sick,nike free run 5.0, traumatic injuries have appeared. The most serious internal injuries, apparently undermined the rule of law, the law is not respected, the court injunction may also be ignored. Francis Lui noted that erode the rule of law, the "occupation" campaign to bring other injuries include torn society has been very obvious,louboutin pas cher homme, such as between Hong Kong many of the family or friends, because of disagreement and quarrel red in the face,nike free run, even decades of friendly relations gone. "Let us not forget that even though democracy is a good system, a serious confrontation in society it is impossible to tear effective functioning." Tear will shake the foundation of democracy, the occupation movement against everything the people's interests as a justice, and expressed strong and not use appropriate language, "Human society can not help the anger,nike air jordan, so tear is more serious?!" Beyond internal injuries,nike air max outlet, "occupation" campaign brought very serious injury, epitomized impact on Hong Kong's economy,nike air max online, especially long-term development. Between September 3 to 30, mainly due to the market value of Hong Kong's Hang Seng Index and the total evaporation of the internal factors of HK $ 2.4 trillion,air jordan donna, which is about the future of the Occupy movement negative impact on listed companies a very important reference value. Not because of some listed companies.
Hong Kong companies,air max outlet, but the future is always uncertain factors exist, it is not appropriate for the total loss of listed companies under a narrow valuation,nike air max italia, but should make a loss limit. "I previously published loss of HK $ 350 billion is such a limit." Francis Lui using census and other data derived from production function estimates for Hong Kong,air jordan donna, the sum of the discounted value of listed companies is expected to decline in future profits caused by loss of HK $ 350 billion,nike air max italia, can be calculated from Hong Kong in the next 30 years is expected to real economic losses discount the approximate total value of over HK $ 1.1 trillion. Illegal "occupation" campaign will lead to Hong Kong's economic turnaround therefore, never recovered? Francis Lui reminded that we all know.
However,nike air max outlet, the 'Excellencies' funding is true or false saving save, budget standards really is the key, but also the current budget management reform difficulty. "Bai Jingming expressed. How many "Three" funds, according to the actual needs of government affairs, the principle of conservation to arrange. This requires precise preparation premise "Three" budget,nike free run outlet, while the budget "accurate",nike air max, and is to have a specific spending criteria. At present,air jordan donna, we introduced the "party and government organs austerity against waste regulations,air jordan shop," "party and government organs domestic official hospitality management provisions,scarpe nike air max," "temporary abroad because of the public funds management approach" and so on, "Three" expenditures set out in very specific, should become the level standard preparation "Three" budget of the government. "Budgeting according to this standard.
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