 After Leung surprisingly declared he would not seek for re-election, Chief Secretary Carrie Lam and Financial Secretary John Tsang became the main candidates in the 2017 Chief Executive election.Tsang who was seen as ultraconservative on his fiscal policy was challenged by Lam's call for a "new fiscal philosophy" to adopt more proactive approach in investing for Hong Kong and relieving people's burdens with the record-breaking fiscal surplus.However, Lam was seen more politically conservative and was labelled as "CY 2.0" who would follow Leung's hardline and divisive policies, as compared to Tsang who called for reconciliation with the opposition camp.