The Democratic Alliance for the Betterment of Hong Kong urges another 5,000 yuan consumption vouchers to be distributed for free travel, and it should be opened in an orderly manner to prevent chaos and "a bite to eat"

The DAB conducted a "Consumer Confidence Index" survey in December last year. The "Current Conditions Index" dropped from 83 in June last year to 73, a new low since the party conducted the survey in 2004.

The "Consumer Expectation Index" rose from 105 last time to 113, the second highest in history; the "Composite Consumer Sentiment Index" rose from 98 last time to 101, the highest since June 2021.

According to the survey, about 5% of the respondents believed that their personal financial situation had improved in the past year, an increase of 0.7% from the previous survey, while 40.7% said that their personal financial situation had turned worse, an increase of 4.6% from the previous survey

Consumer confidence hits record low in December, but expectations and sentiment index return to high

Member of the DAB Legislative Council Zhou Haoting said that since the "Current Situation Index" is still falling, it reflects that the recent economic situation of the people is still weak. He hopes that the new "Budget" will distribute 5,000 yuan of electronic consumption coupons to the public to relieve the public's economy pressure to revitalize small and medium-sized enterprises such as retail and catering.

Zhou pointed out that the "Consumer Expectation Index" and "Comprehensive Consumer Sentiment Index" have returned to high levels, indicating that the public expects to clear customs with the Mainland, Hong Kong will officially return to normal, and regain confidence in the long-term economy in the future.

Chen Xuefeng, a member of the Legislative Council of the Democratic Alliance for the Betterment of Hong Kong, pointed out that some citizens are worried that mainlanders will flock to Hong Kong after customs clearance, which will affect the daily life of citizens. Therefore, he supports the government's current arrangement for orderly customs clearance. to open up "free travel" to Hong Kong.

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Li Zhaobo advocates research and only distributes $5000 at most to stimulate the local economy. In the short term, Huang Guo advocates to distribute consumer vouchers again: it is more stimulating than tax rebates to stimulate the economy. It is time for customs clearance and all quotas to be withdrawn. Coupons