The value of Hong Kong’s total exports decreased to $284.1 billion in February, down 0.8% on the same month last year, the Census & Statistics Department announced today. The value of imports of goods fell 1.8% to $325.7 billion for the same period. A trade deficit of $41.7 billion, or 12.8% of the value of imports, was recorded in February. Comparing the three-month period ending February with the preceding three months on a seasonally adjusted basis, the value of exports rose 5.5%, while that of imports also increased 3.3%. The Government noted that taking the first two months of the year together to remove the volatility caused by the difference in timing of the Lunar New Year, the value of exports posted a 16.6% growth against a very low base of comparison a year ago. Exports to the Mainland and the US rose notably, while those to the European Union fell. Those to other major Asian markets recorded a mixed performance. Looking ahead, the Gove
Secretary for Home Affairs Caspar Tsui today held three briefing sessions for the sports and culture sectors to explain the improvements to Hong Kong's electoral system.
The sessions enabled the stakeholders to have a better understanding of the approval by the Standing Committee of the National People's Congress of amendments to Annexes I and II of the Basic Law and render their support.
Mr Tsui said the improvements to Hong Kong's electoral system can accord with the city's actual situation and better attend to the society's overall interests, which enhances the governance of Hong Kong.
As such, the "one country, two systems" principle will continue to be implemented steadfastly, maintaining Hong Kong's advantages, he added.
Mr Tsui will conduct more sessions to brief various sectors, listen to their opinions and call on the community for their full support on the relevant amendments.
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