7. The Gross Domestic Product (GDP) per capita of Hong Kong amounts to US$46,000, and is among the highest in the world. However, our average annual economic growth rate over the past decade was merely 2.7 per cent, reflecting a slower growth momentum. We must leverage our strength and take a forward-looking approach in positioning our future development and seeking new impetus. This will enable our economy to grow in a diversified manner, provide our young people with more room for development and improve people's quality of life.