Financial Secretary Paul Chan attended the "2021 Brand Election Awards Ceremony" today (16th). In his speech, he said that the economic forecast for this year has been lowered. He believes that the Hong Kong economy is facing greater challenges, and hopes that the consumption coupons can "stabilize the economy, To preserve employment,” encouraging enterprises to explore the mainland and emerging markets.
Secretary for Commerce and Economic Development Yau Yinghua, Deputy Secretary Chen Baili, Director of Trade and Industry Wong Siu Chu, and Deputy Secretary for Commerce and Economic Development Lau Li-yin served as the presenters.
Introduce consumer coupons in two phases to stabilize the economy
In his speech, Chen Maobo said that due to the impact of the epidemic and the worsening economic environment, the government lowered its economic forecast for this year again last week. The introduction of consumer coupons hopes to stimulate the market of consumption and "stabilize the economy and preserve employment."
Referring to the epidemic, Chen Maobo pointed out that the new SAR government aims to achieve the greatest epidemic prevention benefits at the lowest social cost. The "3+4" quarantine arrangement was just implemented last Friday (12th), hoping to effectively control the risk of the epidemic while at the same time. , to facilitate people and tourists coming to Hong Kong, and to restore the vitality of Hong Kong's economy.
Two major events in November re-polish Hong Kong, an internationally renowned brand
He also said that in order to "re-polish Hong Kong as an internationally renowned brand", the government is making every effort to prepare for the "International Financial Leaders Investment Summit Forum" to be held in early November, and is trying its best to facilitate the "Hong Kong Sevens" to be held in the same month. These iconic brick-and-mortar projects can bring Hong Kong one step closer to business opening and economic recovery, activating connections and interactions between Hong Kong and the world.
Chen Maobo attended the 2021 Brand Election Awards Ceremony.
(Photo by Xian Minghui)
Chen Maobo emphasized that he understands that the past two years and more have brought huge challenges and pressures to Hong Kong enterprises, especially small and medium-sized enterprises. He encourages enterprises to make good use of the advantages of Hong Kong brands, actively participate in the national cycle, and vigorously develop the mainland with the Greater Bay Area as an entry point. market, and overseas markets must not be given up. It encourages companies to explore emerging markets such as Southeast Asia and the Middle East, and points out that the government will assist local companies to further develop and develop new markets, including optimizing the "BUD Special Fund", "Convention and Exhibition Industry Subsidy Scheme", etc. Wait.
In addition, he said that the Hong Kong Brand Development Council has included ESG (environmental protection, social responsibility and corporate governance) into the evaluation criteria for the 2022 brand election, showing that the industry keeps pace with the times and integrates social responsibility into its business strategy.
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