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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

Govt seeks talented youths

The Member Self-recommendation Scheme for Youth started phase four of its recruitment today.   The number of participating committees has been increased from 10 to 15, covering a wider spectrum of policy areas. Each of the committees will offer two seats for appointment.   Young people aged 18 to 35 who want to serve the community are invited to nominate themselves to join.   Those interested should have a strong commitment to serve the community, good understanding of the policy area concerned, and good analytical and communication skills.   Applications close on May 26 and scheme details are available on the Home Affairs Bureau website.    Applicants must write no more than 600 words or provide a video or audio clip to explain, in either Chinese or English, their suitability for the committee they choose.   The Home Affairs Bureau said around 400 posts are currently held by young people who have been appointed to advisory and statutory bodies through the scheme.   The overall ratio of youth members in these bodies has increased from 7.8% in 2017 to the current 13.7%, gradually approaching the target of 15% set by the current-term Government, it added.
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