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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

Concerted effort to fight virus assured

Every bureau and department in the Hong Kong Special Administrative Region Government has been mobilised to fight the COVID-19 epidemic.   Chief Executive Carrie Lam made the statement this morning at a press conference where she thanked the State Council's Hong Kong & Macao Affairs Office Director Xia Baolong for co-ordinating Mainland authorities' assistance for Hong Kong's anti-epidemic work.   “About remarks made by the State Council’s Hong Kong & Macao Affairs Office Director, I would first wish to express my deepest gratitude to Director Xia Baolong for his personal attention and tremendous efforts in co-ordinating the various ministries and commissions in the Central People’s Government to support Hong Kong.   “As far as I understand, he has personally chaired eight co-ordination meetings to make sure that every request from the Hong Kong Special Administrative Region Government has been attended to by the relevant ministries and commissions.   “He also, through his deputy directors, communicates with me very often to convey his care and concern about Hong Kong and also to assure me as well as the people of Hong Kong that the central government is always behind us.   “I cannot really comment on the adjective or the description he used, but I can assure him and assure the people of Hong Kong that we are putting in every effort to fight this epidemic.”   Mrs Lam also stressed that the Hong Kong SAR Government is prepared to spend whatever amount of money it takes to combat the fifth wave of COVID-19, adding that all bureaus and departments are making a concerted effort to do their part.   “We are not short of money. We will spend whatever money is required in order to get us out of this epidemic as soon as possible.   “More importantly, the whole of the Hong Kong SAR Government is acting as one government to tackle this epidemic. I do not want any more speculations that there are bureaus and departments that are working very hard, whereas others are not doing so.”
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