Liberal Party (Hong Kong)
The Liberal Party (Chinese: 自由黨) is a pro-business, conservative political party in Hong Kong. Founded in 1993, it is one of the major political parties in Hong Kong, and historically held significant influence due to its close ties to the business sector and its representation in the Legislative Council (LegCo) through functional constituencies.
The party's core ideology revolves around free market principles, minimal government intervention in the economy, and a pro-business stance. It generally supports closer economic ties with mainland China.
The Liberal Party has traditionally advocated for gradual democratic development in Hong Kong, often emphasizing the importance of maintaining stability and economic prosperity. It has generally been seen as aligned with the establishment in Hong Kong.
Key policy positions of the Liberal Party often include tax cuts for businesses, streamlined regulations, and infrastructure development projects aimed at facilitating economic growth.
While the party has historically held a substantial number of seats in LegCo through functional constituencies (which represent various sectors of the economy and are largely elected by corporate voters), its influence has diminished in recent years. Its support base is primarily among the business community and professional sectors.
Notable figures associated with the Liberal Party include James Tien, Selina Chow, and Tommy Cheung. Over the years, the party has played a significant role in shaping Hong Kong's economic policies and political discourse.