The new "Budget" will be announced next month. The Liberal Party met with Financial Secretary Paul Chan Mo-po today (30th) and said that he suggested that the government cancel the "milk restriction order" that has been in place for nearly ten years and reduce the impact on Hong Kong's retail industry and freedom. The impact on the economic image; reiterated support for the government to issue consumer coupons, party chairman Shao Jiahui described: "Cheers to Hong Kong people".
Non-partisan election committee member Wu Jiezhuang suggested that the government should distribute no less than $5,000 in electronic consumption coupons, and also proposed that the government provide consumption rebates for tourists. For example, every $1,000 spent can be exchanged for $100 electronic consumption coupons.
Di Zhiyuan of New Thinking suggested to distribute 10,000 yuan consumption vouchers.
Chen Maobo continued to consult on the next year's budget. Chairman Shao Jiahui of the Liberal Party said that the "milk restriction order" has been implemented for nearly 10 years since 2013. The worries of parents in Hong Kong over the supply of milk powder have long been resolved. According to the results of the market survey conducted by the authorities in 2018 , the success rate of being able to purchase the designated milk powder at randomly selected retail outlets is 90%.
He emphasized that the current supply of milk powder is stable, and Hong Kong, as a region that pursues a free trade policy, as long as it ensures enough milk powder supply for young children in Hong Kong, the government does not need to intervene in the market. It is no longer needed and should not last long.
Therefore, the Liberal Party requires the government to cancel the "milk restriction order" in order to reduce the impact on Hong Kong's retail industry and the image of a free economy.
He also pointed out that the epidemic has lasted for three years, and the business community has "five tuberculosis and seven injuries." Cheer up for the people of Hong Kong."
Party leader Zhang Yuren paid attention to Hong Kong's population policy and proposed to encourage childbirth and release the labor force by importing foreign workers, adding education vouchers, adding tax deduction for foreign domestic helpers, and progressive child tax.
Wu Jiezhuang advocated the distribution of consumption coupons of no less than 5,000 yuan
Non-partisan Election Committee member Wu Jiezhuang pointed out that the distributing of consumer vouchers has a good effect of sharing with the people. He believes that in the balance between the warehouse and the living conditions of the citizens, continuing to distribute electronic consumer vouchers of no less than $5,000 can improve the sense of gain of Hong Kong people. Increase cohesion.
In order to attract more tourists to Hong Kong and help the tourism and retail industry, inbound electronic consumption coupons can be distributed to tourists conditionally. For example, every $1,000 spent can be exchanged for $100 electronic consumption coupons to encourage tourists to shop and spend.
As for how the government will increase revenue, Wu Jiezhuang believes that the scope of gaming tax collection can be expanded, including research on increasing the number of days for horse racing and Mark Six lottery draws, and increasing betting items in addition to horse racing, football, cash lottery and lottery activities, including opening more Sports betting such as basketball, racing, etc.
Di Zhiyuan: Distributing 10,000 yuan is the basic approach
Di Zhiyuan, chairman of New Thinking, suggested that the government distribute 10,000 yuan in consumer coupons.
He said bluntly: "10,000 yuan is a very basic approach, because it effectively promotes economic development." He also pointed out that citizens can use consumption coupons to participate in local tour groups, cram schools, shopping, etc., which will help improve the quality of life: " With the family emotionally troubled, 10,000 yuan will be of great help to grassroots citizens.”
Di Zhiyuan also pointed out that many grassroots citizens are still in the "low valley", and suggested that the government set up a "Post-epidemic Support Grassroots Fund", including direct cash assistance to CSSA recipients, rent reduction schemes, increased subsidy for food banks, cash assistance for grassroots children, Cash assistance for the elderly and the disabled enables the grassroots and families who are still under economic or life pressure to maintain their basic life and gradually "return to normal"
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