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'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.
Hong Kong’s High Court sentenced 45 pro-democracy activists to up to 10 years in prison under a Beijing-imposed security law, sparking criticism from the U.S., which called the trial “politically motivated.” Authorities insist the law was needed to restore order.
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
A powerful 7.7-magnitude earthquake struck Myanmar’s Sagaing region, followed by a 6.4-magnitude tremor, killing more than 1,700 people and leaving 3,400 injured. The quake caused building collapses in Myanmar and Thailand, prompting emergency declarations and ongoing rescue efforts.
A 7.7-magnitude earthquake has struck Myanmar, killing over 1,600 people. Rescue teams are racing to help, but damaged infrastructure and ongoing conflict are slowing efforts. Meanwhile, a collapsed skyscraper in Thailand has left many trapped.
Muslims worldwide celebrate Eid al-Fitr today, marking the end of Ramadan with prayers, feasts, and charity. The two-day festival unites communities through traditions unique to each country.
South Korea, China, and Japan held their first economic dialogue in five years on Sunday, aiming to strengthen regional trade cooperation amid growing concerns over U.S. tariffs under President Donald Trump.
Royal Australian Air Force (RAAF) pilots, monitoring a Chinese navy warship as it navigated Australian waters, were alerted to a live-fire exercise via a civilian radio broadcast, defense officials revealed on Tuesday.
A powerful 7.7-magnitude earthquake struck Myanmar’s Sagaing region, followed by a 6.4-magnitude tremor, killing more than 1,700 people and leaving 3,400 injured. The quake caused building collapses in Myanmar and Thailand, prompting emergency declarations and ongoing rescue efforts.
As the world shifts toward clean energy at an ever-accelerating pace, large economies are scrambling to secure reliable supply chains for rare earth minerals. These minerals, once seen as mere industrial components, have become a political tool in the global power struggle
Russian forces carried out a drone attack on Ukraine’s second-largest city, Kharkiv, late Wednesday, injuring at least twenty one people and causing structural damage, according to Ukrainian officials.
A powerful 7.7-magnitude earthquake struck Myanmar’s Sagaing region, followed by a 6.4-magnitude tremor, killing more than 1,700 people and leaving 3,400 injured. The quake caused building collapses in Myanmar and Thailand, prompting emergency declarations and ongoing rescue efforts.
A 7.7-magnitude earthquake has struck Myanmar, killing over 1,600 people. Rescue teams are racing to help, but damaged infrastructure and ongoing conflict are slowing efforts. Meanwhile, a collapsed skyscraper in Thailand has left many trapped.
Muslims worldwide celebrate Eid al-Fitr today, marking the end of Ramadan with prayers, feasts, and charity. The two-day festival unites communities through traditions unique to each country.
South Korea, China, and Japan held their first economic dialogue in five years on Sunday, aiming to strengthen regional trade cooperation amid growing concerns over U.S. tariffs under President Donald Trump.
Rescue workers were seen rappelling into the rubble of a collapsed building in Bangkok on Sunday (March 30), as 47 people remained missing or trapped under the debris, including workers from Myanmar.
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
A powerful 7.7-magnitude earthquake struck Myanmar’s Sagaing region, followed by a 6.4-magnitude tremor, killing more than 1,700 people and leaving 3,400 injured. The quake caused building collapses in Myanmar and Thailand, prompting emergency declarations and ongoing rescue efforts.
A 7.7-magnitude earthquake has struck Myanmar, killing over 1,600 people. Rescue teams are racing to help, but damaged infrastructure and ongoing conflict are slowing efforts. Meanwhile, a collapsed skyscraper in Thailand has left many trapped.
Muslims worldwide celebrate Eid al-Fitr today, marking the end of Ramadan with prayers, feasts, and charity. The two-day festival unites communities through traditions unique to each country.
South Korea, China, and Japan held their first economic dialogue in five years on Sunday, aiming to strengthen regional trade cooperation amid growing concerns over U.S. tariffs under President Donald Trump.
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