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Apr exports value up 1.1%

The value of Hong Kong’s total goods exports increased to $389 billion in April, up 1.1% compared with the same month last year, the Census & Statistics Department announced today.   The value of imports of goods rose 2.1% to $425.6 billion for the same period.   A trade deficit of $36.6 billion, or 8.6% of the value of imports, was recorded for the month.   Comparing the three-month period ending April with the preceding three months on a seasonally adjusted basis, the value of total exports decreased 12% while that of imports fell 11.7%.   The Government said epidemic-induced transportation disruptions, though easing somewhat in the latter part of the month, continued to constrain export performance.   It pointed out that exports to the Mainland fell while those to the US and the European Union posted visible growth.   Looking ahead, the global economic outlook has worsened amid rampant inflation in some major economies and monetary policy tightening by respective cen

CE meets CPPCC members

Chief Executive Carrie Lam today held an engagement session with 90 Hong Kong members of the Chinese People's Political Consultative Conference (CPPCC) via video conferencing to discuss topics such as the developments of Hong Kong and the Mainland.   The members spoke enthusiastically during the meeting and Mrs Lam listened attentively to their views on various areas, including their concerns about vaccination and expectations for early resumption of travel between people of Hong Kong and the Mainland, and local economic activities.   The Chief Executive emphasised that the Hong Kong Special Administrative Region Government will spare no effort in fighting the epidemic and taking forward the vaccination programme.   Noting that how Hong Kong is integrated into the overall development of the nation is a crucial issue, with the country’s 14th Five-Year Plan, the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt & Road Initiative to bring enormous opportunities to Hong Kong, Mrs Lam said it is of paramount importance to Hong Kong's future, particularly with regard to youth development.   She hopes that CPPCC Hong Kong members will work together with the Hong Kong SAR Government to strive for the support of the central authorities as well as the co-operation of the Guangdong Provincial Government and the Shenzhen Municipal Government to explore more room for Hong Kong's development.   Mrs Lam and the CPPCC Hong Kong members will attend the NPC and CPPCC meetings to be held in Beijing next month.   Chief Secretary Matthew Cheung, Secretary for Constitutional & Mainland Affairs Erick Tsang and Chief Executive's Office Director Chan Kwok-ki also attended the session.
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