New crown pneumonia | Leung Siu Kee, President of the General Chamber of Commerce, hopes to promote "guarantee employment" and advocate the issuance of bonds to reduce financial pressure

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Written by: Kong Fanxu

2020-12-20 13:58

Last update date: 2020-12-20 13:59

The new crown pneumonia epidemic has hit Hong Kong's economy. The government recently announced the launch of the fourth round of the epidemic prevention and anti-epidemic fund, injecting 6.4 billion yuan to subsidize the affected industries.

The President of the Hong Kong General Chamber of Commerce, Leung Siu-kee, welcomed the radio program today (20th), hoping that the government will launch a new round of employment protection plan at the same time. He estimated that the amount involved is about 30 billion yuan, and suggested that the government consider issuing bonds to raise funds to reduce fiscal reserves. pressure.

Liang also pointed out that under the epidemic, investing in digital technology has become the new normal. However, many small and medium-sized enterprises have difficulties in restructuring and hope that the government will increase assistance, otherwise they may be monopolized by large enterprises.

Leung Siu Kee, president of the Hong Kong General Chamber of Commerce, expects that the government will also launch a new round of employment protection programs.

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It is expected that another 30 billion yuan will be required to promote "guarantee employment"

Leung Siu-kee stated on the commercial TV program "Government Good Sunday" that he expects the government to launch one more phase of the employment guarantee plan. Many SMEs are not designated as listed premises, but their business has also fallen sharply due to the reduction in the flow of people. It is the greatest help. He pointed out that the government has done two job guarantees, and it is a pity that there have been a large number of bankruptcies and layoffs.

The government has repeatedly stated that due to financial problems, it has no intention of launching a job-guarantee program. However, Liang estimates that the plan only needs to spend 20 to 30 billion yuan. "In the past, the amount of money was not limited. It is urgently needed according to the family." It is an appropriate time to consider raising funds through bond issuance, which will help reduce the pressure on fiscal reserves.

▼No dinning in restaurants after 6 o'clock will be effective for two weeks from December 10th▼

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Liang Zhaoji: 40% of members are not optimistic about business next year

Under the epidemic, companies rely more on digital technology for business. Liang pointed out that both large and small companies are willing to invest heavily in digital technology shopping, but SMEs have limited financial resources and are hit by the epidemic. Hope the government can have more funds to assist SMEs in their transformation in the future .

Leung Siu-kee said that SMEs have difficulties in transforming information technology, which is less than that of large enterprises, and may be monopolized in the long run.

Liang also said that due to the time required for the distribution of vaccines, Hong Kong's economy may not recover until later. 40% of the members of the General Chamber of Commerce are not optimistic about the business situation next year, but 40% still believe that the situation will remain unchanged or improve, and economic growth is predicted to return to a positive number. 3.5%, but the actual level will only be around 2017, I believe it will take 2023 to return to the scale of 2019.

Zeng Shiyun, chief economist of the TDC for Greater China, pointed out that a survey conducted by the TDC in the middle of last month showed that the exporters interviewed were optimistic about next year’s total sales compared with this year, and predicted that exports next year will increase by 5 year-on-year compared with this year. %.

As the epidemic has become a trend for online and offline exhibitions, the TDC has various measures and platforms to help Hong Kong companies expand the mainland market and the Greater Bay Area.

▼Hong Kong government announces tightening of epidemic prevention measures (announced on December 8)▼

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