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
The hosting of a major sports event like the National Games in Hong Kong will be conducive to sports promotion for the city, Secretary for Home Affairs Caspar Tsui said today.
Mr Tsui was responding to reporters’ questions concerning the State Council’s agreement for Guangdong, Hong Kong and Macau to host the 15th National Games in 2025.
He said: “A major sports event in Hong Kong will benefit our promotion of sports, sports for all, elite sports and mega events. We are also exploring the potential with the development and opportunities in the Greater Bay Area, and any enhancement or further development in the professional areas related to sports as well as sports-related events.”
The home affairs chief also said youngsters should learn more about Hong Kong’s role in the bay area via events relating to sports.
“So I would encourage, in the next few years, more exchanges, more sports-related events, especially for the youngsters, be organised to understand our role in the Greater Bay Area and the development of the country.”
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