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[Budget 2020] Yang Weixiong: 10,000 yuan will be received quickly using online banking

2020-02-28T01:51:08.079Z


The government announced a new budget on Thursday (26th), which will allocate 10,000 yuan to Hong Kong permanent residents who have reached the age of 18. The Minister of Innovation and Technology, Mr. Yang Weixiong, said at a radio program on Taiwan today that the government will set up an inter-departmental group to handle the nationwide distribution of money and will use "faster transfers." Citizens receive money faster. Permanent residents who have migrated overseas can also receive 10,000 yuan this time. Yang Weixiong said that many of them have passports from other countries and will have difficulty in processing. They need the assistance of the consulate of the second country.


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Written by: Yuan Yan

2020-02-28 09:43

Last updated: 2020-02-28 09:43

The government announced a new budget on Thursday (26th), which will allocate 10,000 yuan to Hong Kong permanent residents who have reached the age of 18. The Minister of Innovation and Technology, Mr. Yang Weixiong, said at a radio program on Taiwan today that the government will set up an inter-departmental group to handle the nationwide distribution of money and will use "faster transfers." Citizens receive money faster.

Permanent residents who have migrated overseas can also receive 10,000 yuan this time. Yang Weixiong said that many of them have passports from other countries and will have difficulty in processing. They need the assistance of the consulate of the second country.

Yang Weixiong said that the government will set up an inter-departmental group to deal with all people's money distribution. The goal should be fast, but it can't go wrong. He believes that Hong Kong's environment is complex, and it is necessary to prevent intruders from invading the system to prevent leakage of personal information of citizens.

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Yang said that this time the money will be transferred using the number of revolutions to speed up the processing speed, and also said that citizens using online banking must receive the money faster than citizens using bank accounts. As for permanent residents who have emigrated overseas, he pointed out that many people have foreign passports, and they may have difficulties in handling them. They need to contact the consulate of a second country to resolve them.

Compared with 2011, online banking has become more common, but this time the administrative costs are still more than 1 billion. He said that most of online technology is free of misunderstandings. Information, advertisements, etc., describe "there is no free lunch in the world."

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Source: hk1

All news articles on 2020-02-28

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