Financial Secretary Paul Chan on Sunday said there will inevitably be ups and downs in the process of economic recovery in the wake of Covid-19, but expressed confidence that Hong Kong will be able to ride out the storm.

In a blog post, Chan said he had met with almost a hundred secondary school students last week and collected their views for his upcoming budget, with some expressing their concerns about income inequality and climate change.

Chan said he was deeply touched by some of their aspirations, adding that authorities will provide more support to address the plight of the underprivileged.

The finance minister also pledged to do more to attract investment and promote the SAR to the rest of the world, and noted the success of a number of high-profile financial events this year.