 Donald Tsang, Macleod's successor as Financial Secretary also coined the term "caring capitalism" in 1996, which describe the governments's approach of giving priority to economic growth and then using the new-found wealth to develop social infrastructure and welfare services.Since the handover of Hong Kong, the conservatives have been dominated the executive and legislature with the help of the Election Committee and the trade-based functional constituencies with limited electorates respectively.The pro-business economic liberal Liberal Party and the Chinese nationalist Democratic Alliance for the Betterment of Hong Kong (DAB) were the two major parties "vis-a-vis" the pro-democratic Democratic Party in the Legislative Council in the first decades after the handover.