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
Acting Chief Executive John Lee and senior government officials today attended a flag-raising ceremony today to celebrate the 24th anniversary of the establishment of the Hong Kong Special Administrative Region.
The ceremony was held at Golden Bauhinia Square outside the Convention & Exhibition Centre in Wan Chai.
The Police Band performed at the ceremony and two singers sang the national anthem, followed by a disciplined services fly-past and sea parade.
In view of the current public health risk, no public viewing area was set up for the ceremony.
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