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Following is the transcript of remarks by the Chief Executive, Mr C Y Leung, at a media session before the Executive Council meeting this morning (December 8):
Reporter: Why does the Government not plan to have tough measures to curb the property prices? And on the Copyright (Amendment) Bill, do you have a deadline on when it could be passed?
Chief Executive: Firstly, the question of Copyright (Amendment) Bill, we are striking a balance in this proposed amendment between the owners of copyrights and the freedom to express. I think this piece of proposed legislation strikes the right balance.
On the question of property prices, we are seeing in recent months a slight dip in rents and prices. And this is sort of bucking the trend. Government is determined to address the question of housing and also shortage issues by increasing land supply, also increasing public rental housing supply, and to curb demands in three areas, namely investment demand, speculative demand and demand from outside of Hong Kong. Thank you.
(Please also refer to the Chinese portion of the transcript.)
Ends/Tuesday, December 8, 2015
Issued at HKT 12:10
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