Skip to main content

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

Voting system briefings held

Secretary for Constitutional & Mainland Affairs Erick Tsang today chaired five virtual briefing sessions to introduce the background, principles and main contents of improving Hong Kong's electoral system to associations of Hong Kong residents in the Mainland as well as Hong Kong people doing business, working and studying there.   The virtual briefing sessions were arranged by Mainland offices of the Hong Kong Special Administrative Region Government in Beijing, Guangdong, Shanghai, Chengdu and Wuhan.   Mr Tsang also exchanged views with the participants on the new electoral system and relevant arrangements.   He said the implementation of the improved electoral system will plug the loopholes in and eliminate the deficiencies of the existing system.   Mr Tsang added that constructing a political structure that reflects Hong Kong's actual situation, fully conforms to the constitutional order under the “one country, two systems” principle and manifests Hong Kong characteristics can thereby ensure “patriots administering Hong Kong” and enhance the governance efficacies of the Hong Kong SAR Government, thus achieving good governance, developing the economy, improving people's livelihood and resolving various deep-seated problems with a view to ensuring the continued success of the “one country, two systems” and maintaining Hong Kong's prosperity and stability.   The Hong Kong people living in the Mainland who took part in the virtual briefing sessions, fully supported the current work of improving the electoral system and said that they hoped for its expeditious completion to allow Hong Kong society to relaunch and scale new heights.   The virtual briefing session participants also expressed concerns over the composition of the new Representatives of associations of Hong Kong residents in the Mainland subsector of the Election Committee's fourth Sector under the new electoral system.   Mr Tsang explained that relevant details are being worked out in an expeditious manner for submission to the Legislative Council for scrutiny.   The subsector's composition by corporate electors will be decided based on three criteria, the representation and relevance of the association among the community and its adherence to the principle of “patriots administering Hong Kong”.   Mr Tsang had fruitful interactions and exchanges with the Hong Kong people in the Mainland during the virtual briefing sessions and answered their questions relating to the electoral system improvements.   Having joined these sessions, the participants said that they gained a deeper understanding on the relevant electoral arrangements, as well as the thoughts and goodwill of the country and Hong Kong SAR, and will give their full support to the work of improving the electoral system.   Mr Tsang appreciated that despite not being in Hong Kong, those living in the Mainland are very much connected to the city and hoped that they can make contributions to the country and Hong Kong.   The new Representatives of associations of Hong Kong residents in the Mainland subsector is therefore added to the Election Committee under the new electoral system.   Mr Tsang hoped that they would continue to support the work of improving the electoral system and contribute to the developments of the country and Hong Kong in the future.
http://dlvr.it/Rwthyc

Popular posts from this blog

Download Ricepon App on iPhone and Android

I found a very good dining app in Hong Kong. You can use QR Code to order food in restaurant, order takeaway at home and enjoy coupon. iPhone Download : https://tinyurl.com/wywn5lc Android Download : https://tinyurl.com/tnvlug8 Ricepon App Official Website : http://www.gingersoft.com.hk/ricepon-app/

Railway settlement exceeds limit

The construction works of a relocation project in Kowloon have been suspended after a settlement monitoring checkpoint exceeded the limit, the Government said today.   The project relocates supporting operational facilities of Tsim Sha Tsui Fire Station Complex, Fire Services Club and other fire services accommodations to To Wah Road in Kowloon.   The Government explained that the readings recorded in a settlement monitoring checkpoint installed inside the railway tunnel between Kowloon Station and Olympic Station of the MTR Tung Chung Line had reached 20.27mm on September 7. The preset trigger level for works suspension is 20mm.   For the sake of prudence, the Mass Transit Railway Corporation suspended relevant works within the railway protection area on the same day.   The Buildings Department and the Architectural Services Department deployed staff to inspect the affected railway tunnel and confirmed that it is structurally safe.   The Electrical & Mechanical Services