.Chief Executive John Lee Ka-chiu introduced an economical reform master plan on Wednesday aimed at transforming Hong Kong's typical sectors like finance, trade and also delivery, as well as buying new modern technology industries, while rolling out a greater welcome floor covering for overseas ability and also funds.In his 3rd plan handle considering that becoming Hong Kong's leader, he also threw a lifeline to the luxurious building market, liberalising the loan-to-value proportion for all homes to the pre-2009 level of 70 every cent.Lee also revealed details of his government's much-awaited overhaul of the urban area's infamous subdivided flats and "coffin-sized" homes, specifying minimum criteria for landlords to satisfy like providing windows and commodes or even jeopardize illegal liability.Owners will must transform their flats right into "general housing systems" to satisfy brand-new lawful criteria within a moratorium, yet tenants will certainly not experience any penalties, he said.Lee yielded later on at a press briefing that switching subdivided homes into accommodation thought about appropriate, as opposed to exterminating all of them altogether, was actually not a "best 100 per-cent service". The ceo started his third policy deal with, labelled "Reform for Enhancing Advancement as well as Property our Future Together", by describing exactly how his federal government had been directed through a "reform frame of mind" coming from the beginning and also had actually fulfilled a lot of the "result-oriented" intendeds he had established." Reform is actually an ongoing method," he informed legislators, a number of all of them using environment-friendly coats or connections to match the colour motif of his plan document symbolizing vitality, compatibility and wealth.