People have more faith in Hong Kong's logistics. Low value products are shipped directly out of Shenzhen to the world, higher value products come out through Hong Kong. It's the guarantee of safety.
The high inflation was caused by the seasonal impact, but it also reflected the underlying inflationary pressure from rents.
Both domestic and tourism spending remained very robust during the period, consistent with the local consumption picture in Hong Kong and higher tourist arrivals. Despite the volatility in retail sales figures in recent months, the trend is still pretty strong.
There's a need for the government to maintain social stability in the community and there's a need for higher welfare payments, partly because of higher inflation we've seen in the last year or two and the growing needs of the elderly.