The central government urges real estate developers to help alleviate housing difficulties? Chen Maobo: The whole society should have one heart and one heart

The government began to distribute the first electronic consumer coupons last month, and the next issue will begin on October 1.

Financial Secretary Chen Maobo believes that consumer vouchers have a certain effect on driving the economy, especially in the catering industry, while the retail industry is different, but at least the flow of people has increased.

He said that the specific economic growth figures will be calculated after all electronic consumer vouchers are distributed, and he hopes that the next consumer vouchers can further boost the economy.

Regarding foreign news reports, Beijing sends a message to Hong Kong real estate developers that they will no longer allow them to monopolize the market and require them to work for Beijing’s interests to help solve housing problems. Chen Maobo said that he will "watch closely" projects that cooperate with private developers, such as land sharing projects. There are currently several applications, which are expected to provide about 18,000 flats, of which 70 will be public housing.

The catering industry is particularly effective in the consumption voucher valley economy

Chen Maobo said that during the distribution of the first phase of consumer vouchers, the epidemic in Hong Kong was under control and the Hong Kong team performed well in the Olympics, which improved the consumption atmosphere. Electronic payment tools and discounts provided by shopping malls also helped stimulate consumption.

He pointed out that after personally inspecting and communicating with people in the industry, he found that the business of the catering industry has improved significantly. "There is a lot of prosperity," but the situation in the retail industry is different.

Chen Maobo pointed out that consumer vouchers help promote electronic payments, with more than 3 million new electronic payment users and tens of thousands of new merchants.

Seventy adults use Octopus to receive coupons, and about 20% use Alipay (Hong Kong). The rest of the users who choose WeChat Pay HK and Tap & Go are half of them.

Real estate competition is fierce, allowing all-out efforts to find land

"Reuters" quoted news yesterday (17) as saying that Beijing has proposed new tasks to Hong Kong real estate developers, including using resources and influence to support Beijing's interests and help solve the housing shortage that may destabilize.

When asked whether it would affect the perception of Hong Kong's free market, Chen Maobo said that the Hong Kong market is highly competitive and real estate is a deep-seated problem in Hong Kong. The Hong Kong government will go all out to increase land supply.

He emphasized that the government will take a multi-pronged approach to find land and examine how to speed up the increase in housing supply, hoping that the whole society will work together to deal with the problem.

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