Politics
Written by: Ruimin Zhai
2020-02-14 19:29
Last updated: 2020-02-14 19:59The outbreak of Wuhan pneumonia caused by the new coronavirus continued. The government announced the establishment of a 10 billion yuan epidemic prevention fund early this month to provide support to employees and employers affected by the epidemic, but no details have been provided.
Chief Executive Lin Zheng Yue'e held a press conference this evening (14th) to explain in detail the use of the fund, including assisting various industries to avoid large-scale failures and layoffs, and granting 80,000 yuan subsidies to travel agencies, restaurants and retail companies; citizens Low-income families will receive a one-time 5,000 yuan per household, and the student study allowance will be increased from 2,500 yuan to 3,500 yuan to make up for the extra expenses of home tuition. Lin Zheng called on members of the Legislative Council to approve funding as soon as possible so that citizens can get help quickly.
At the beginning of the month, the government announced the establishment of a 10 billion yuan epidemic prevention and anti-epidemic fund to provide support to employees and employers affected by the epidemic. (Photo by Lu Yiming)
Lin Zheng said earlier that a 10 billion yuan epidemic prevention and anti-epidemic fund will be established to increase efforts to assist affected industries in the face of economic downturn. Details are announced today, as follows:
1. Strengthen the city's epidemic prevention
Lin Zheng pointed out that as the epidemic situation is still severe, truncating the chain of infection is the primary goal. It will continue to strengthen the public's awareness of epidemic prevention and increase the supply of epidemic prevention supplies, including:
i. Continue to invest globally in procurement
ii. Encourage local mask production, proactively liaise and fund private manufacturers interested in developing local production lines
iii. Funding R & D and production of reusable masks
In addition, to ensure that the anti-epidemic work can be continued, the foundation has allocated funds to improve the efficiency of medical care and quarantine work:
i. Additional grant of $ 4.7 billion to the Hospital Authority
ii. Upgrade the electronic surveillance system for home quarantine
iii. Improve the efficiency of disseminating information to the public via SMS
The government will continue to purchase masks globally. (Profile picture)
2. Support industries and employees affected by the outbreak
The fund will also provide support to all industries affected by the epidemic to avoid large-scale closures and layoffs:
i. One-off grants to construction industry and workers to strengthen epidemic prevention equipment at construction sites
ii. A total of 26,000 yuan in epidemic prevention allowances will be issued to public and private property management companies in Hong Kong, including an additional monthly subsidy of 1,000 yuan for cleaners and security during the epidemic period; the 1,000 yuan subsidy also applies to government work Frontline cleaners and security
iii. A grant of $ 6,000 to residents who originally planned to join Fo Tan Chun Yang Village and Fanling Hui Ming Village
iv. A subsidy of 80,000 yuan will be given to travel agencies. Large restaurants and snack shops will each give 200,000 yuan and 80,000 yuan. The retail industry will grant 80,000 yuan.
v. Immediate assistance to the convention and exhibition, cultural, and creative industries, and to provide funding to training institutions that cooperate with the Retraining Authority
A total of 26,000 yuan in epidemic prevention subsidies were issued to public and private property management companies in Hong Kong, including an additional monthly subsidy of $ 1,000 for cleaners and security during the epidemic. (Profile picture)
3. Support the grassroots affected by the shutdown
i. Provide funding for self-financing and subvented kindergartens and child care centres. The Education Bureau will also provide additional funding to kindergartens in Hong Kong.
ii. To cope with additional expenses during home study, increase the study allowance from $ 2,500 to $ 3,500 from 2019 to 2020
iii. Provide 5,000 yuan subsidy to 200,000 low-income families in Hong Kong without review
Lin Zheng pointed out to the Chairman of the Legislative Council Finance Committee Chen Jianbo that a special meeting will be held next week to discuss emergency funds allocated to the fund of not less than 20 billion yuan in order to respond quickly to changes in the epidemic. She also appealed to all After Members of the Legislative Council have completed their inquiries, the funding can be passed as soon as possible so that citizens can get help quickly. Lam Cheng also said that other economic benefits to the people will be announced in the Budget by the Financial Secretary, Chen Maobo.
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