Hong Kong Policy announces change from security to economic growth.
Hong Kong will make an official announcement for ways to increase the city’s economy in the annual policy on Wednesday, as expectations to rebuild the financial centre since the struggle from COVID.
Slow functions in Hong Kong’s economy have a big impact in the Chinese economy. The city's economy expanded by 3.3% in the second quarter from a year earlier and is expected to grow 2.5-3.5% for the year.
Tourist numbers have increased since the pandemic, around 46 million people are expected to visit this year, although consumption and finance remain low, with stock listings not provided and the capital flight faces challenges.
Hong Kong's financial secretary announced on February new improvements with expanding property, tourism and financial services, stating the deficiency to the complex geopolitical environment and budget costs.
In the meeting held last month between China's top official on Hong Kong affairs, Xia Baolong and Hong Kong leader John Lee, Xia explained requirements of "reforms" to increase the economic growth, to be parallel with China's national strategy.
He requested for the Hong Kong government to "unite and lead all sectors of society" advising on reforms, along with businessmen to help in this matter.
One commentator in China Daily, a state-run news channel said Xia's speech is in need for "economic and social reforms".
Lee has mentioned the main goal for this year would be on the economic improvement and people's daily lives. His government added a new national security regulation in March which Lee stated it maintained.
Hong Kong is seizing an unexpected opportunity to attract top academic talent after the U.S. banned Harvard from enrolling international students. The city’s universities are stepping in with offers and support to affected students.
Southeast Asia is witnessing a renewed surge in COVID-19 infections, with Singapore, Hong Kong, China, and Thailand all reporting sharp increases, raising concerns about a possible new wave of the virus across the region.
Hongkong Post will suspend the shipment of small parcels to the United States after Washington announced steep new tariffs, ending a long-standing customs exemption for low-value goods.
Hong Kong's iconic landmarks dimmed their lights on Saturday evening for Earth Hour, joining a global movement to raise awareness about climate change and promote energy conservation. The city's participation in the annual event highlighted the growing commitment to sustainability and environmental
In a bold bid to restore fiscal balance amid a widening budget deficit, Hong Kong’s government has unveiled a sweeping plan that includes cutting 10,000 civil service jobs and launching a major push into artificial intelligence.
The EU is moving to simplify and unify its space policy with a landmark proposal—the EU Space Act aimed at boosting Europe’s competitiveness in the global space economy and establishing a single, streamlined market for space services.
China has surpassed its 2030 renewable energy target six years ahead of schedule and now leads the world in clean energy investment, innovation, and deployment, transforming itself into a global powerhouse in the transition to a sustainable energy future.
U.S. mortgage interest rates saw slight changes last week as applications for refinancing increased, even though home purchase applications dipped.
Victor Arthein, a senior figure in the Guadeloupe Communist Party, has urged the territory to pursue political and economic independence from France, citing deep-rooted structural dependence and declining sovereignty.
Italian Prime Minister Giorgia Meloni says new NATO defence spending targets are achievable for Italy, thanks to their flexible structure, and insists no other budget priorities will be sacrificed.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
Wizz Air has suspended all flights to and from Tel Aviv, Israel, and its European services to Amman, Jordan, effective immediately until 15 September due to escalating situation in the Middle East. Also, the air carrier temporarily suspended its flights between Astana, Kazakhstan, and Abu Dhabi.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
Norway is stepping up military support for Ukraine with a $640 million package aimed at boosting the country's drone capabilities, both on the battlefield and for infrastructure protection.
Afghan farmers are shifting away from opium cultivation as the interim government ramps up efforts to eliminate the drug trade, offering alternative crops and local support.
U.S. mortgage interest rates saw slight changes last week as applications for refinancing increased, even though home purchase applications dipped.
Victor Arthein, a senior figure in the Guadeloupe Communist Party, has urged the territory to pursue political and economic independence from France, citing deep-rooted structural dependence and declining sovereignty.
Italian Prime Minister Giorgia Meloni says new NATO defence spending targets are achievable for Italy, thanks to their flexible structure, and insists no other budget priorities will be sacrificed.
The EU is moving to simplify and unify its space policy with a landmark proposal—the EU Space Act aimed at boosting Europe’s competitiveness in the global space economy and establishing a single, streamlined market for space services.
China has surpassed its 2030 renewable energy target six years ahead of schedule and now leads the world in clean energy investment, innovation, and deployment, transforming itself into a global powerhouse in the transition to a sustainable energy future.
U.S. mortgage interest rates saw slight changes last week as applications for refinancing increased, even though home purchase applications dipped.
Victor Arthein, a senior figure in the Guadeloupe Communist Party, has urged the territory to pursue political and economic independence from France, citing deep-rooted structural dependence and declining sovereignty.
Italian Prime Minister Giorgia Meloni says new NATO defence spending targets are achievable for Italy, thanks to their flexible structure, and insists no other budget priorities will be sacrificed.
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