Li Hongbo
Li Hongbo is a prominent member of the Democratic Party in Hong Kong, known for his critical stance on government financial estimates and policies. In a recent discussion regarding the 2025 budget proposal, he expressed concerns about the government's limited ability to increase revenue and the potential negative impact on consumer spending. Li emphasizes the importance of accurate financial forecasting, particularly in relation to the property market and the overall economic environment.
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China:
Li Hongbo is a researcher at the Zhejiang Xi Jinping Thought Research Center and the Party Secretary of the Marxism College at Hangzhou Normal University.
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Hong Kong:
Li Hongbo expressed concerns about the accuracy of financial estimates in the budget.
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