On October 16, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, delivered the "Chief Executive's 2024 Policy Address" today (16th) in the Chamber of the Legislative Council Complex of the Hong Kong Special Administrative Region. Li Jiachao said that the Hong Kong Special Administrative Region Government will set up a "Low-altitude Economic Development Working Group", headed by the Deputy Secretary for Finance, to formulate low-altitude economic development strategies and action plans, promote legal reform and deploy infrastructure buildings.