Hong Kong will improve as long as everyone works together to tackle the fiscal deficit, a former deputy director of Beijing's liaison office in the SAR said on Monday.

Qiu Hong, who is also a member of the Chinese People's Political Consultative Conference (CPPCC), said unity is important when it comes to improving the economy.

"I think the deficit is a challenge Hong Kong faces in its development progress. As long as everyone works together and makes a joint effort for Hong Kong's future, I believe the situation will definitely keep improving," she said.

Qiu also expressed optimism about the city's future, noting that residents are actively taking part in national development and Hong Kong's growth.