New crown pneumonia | Lam Cheng: Hong Kong's economic bottomed out in recent months, hopes that the worst is over

Political situation

Written by: Wu Zhuoan

2020-11-19 13:08

Last update date: 2020-11-19 13:08

Chief Executive Carrie Lam attended the opening ceremony of the 23rd "Beijing-Hong Kong Economic Cooperation Seminar" this morning (19th). In her speech, she said that the new crown epidemic has swept the world this year and has had a great impact on the economy. Under the control of the epidemic, the economy has rebounded rapidly. It is also said to benefit from the mainland economy. Hong Kong's economy has rebounded from the bottom in recent months. She hopes that the worst has passed and the economy will gradually recover.

Lin Zheng also said that if Hong Kong is to get out of the predicament and restore the momentum of economic growth, the first task in the future is to better control the epidemic and more actively integrate into the overall situation of national development, especially the domestic and international dual cycles that promote each other. New development pattern.

In his speech, Lam Cheng said that the "Beijing-Hong Kong Fair" last year could not be held as scheduled due to social events in Hong Kong; this year, due to the impact of the global epidemic, the fair was changed to "cloud dialogue" and "cloud display". Refers to the online gathering today, describing it as "it happens to reflect the innovative cooperation model under the "new normal"."

Lam Zheng pointed out that the new crown epidemic has swept the world this year and has had a huge impact on the economy. She said that under the strict control of the epidemic, the economy has rebounded rapidly, and Beijing's GDP has also turned positive in the first three quarters.

Lam Cheng continued to point out that benefiting from the mainland economy, Hong Kong’s economy has rebounded from the bottom in recent months. Although the GDP still recorded a year-on-year decline of 3.5% in the third quarter, it was down by% compared to the second quarter. Nine has improved significantly. It also refers to a seasonally adjusted quarter-to-quarter comparison. In the third quarter, Hong Kong’s real GDP grew by 2.8%. "We all hope that the worst is over and the economy can gradually recovery".

Carrie Lam.

(Photo/Photo by Ou Jiale)

Lam Cheng said that as an international financial, shipping and trade center, Hong Kong has an efficient capital market, a network of multinational banks, a regulatory system that is in line with international standards, a mature legal system, and a large number of talents with international experience. It is the ideal link to the global market. As a platform, she believes that Hong Kong's professionals will certainly be able to give full play to their advantages in the process of opening up Beijing's service industry to assist Beijing and the entire Beijing-Tianjin-Hebei region to develop high-end service industries and introduce more high-quality enterprises.

Lam Cheng believes that through the "Beijing-Hong Kong Fair" platform, Beijing and Hong Kong have continuously deepened the foundation of cooperation and explored new areas of cooperation in recent years, and have achieved fruitful results. Hong Kong has been both a "contributor" and a "receiver" in the process. Beneficiaries".

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