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Jan retail sales up 0.9%

The value of total retail sales in January, provisionally estimated at $36.5 billion, rose 0.9% compared with the same month in 2023, the Census & Statistics Department announced today.   After netting out the effect of price changes over the same period, the provisional estimate represents a 1.2% year-on-year decrease.   Of the total retail sales value in January, online sales accounted for 6.5%. Provisionally estimated at $2.4 billion, the value of this segment went down by 20.9% compared with a year earlier.   Noting that retail sales tend to show greater volatility in the first two months of a year due to the timing of the Lunar New Year, the department said the year-on-year comparison of the figures might have been affected to a certain extent.   The value of sales of jewellery, watches and clocks, and valuable gifts increased 25.2% compared with January 2023.   Increases were also recorded in the sales of other consumer goods not elsewhere classified (up 7

Cybersecurity symposium held

Secretary for Innovation, Technology & Industry Prof Sun Dong officiated at the Cybersecurity Symposium 2023 today and shared the Government's latest efforts in safeguarding cybersecurity and facilitating data flow in Hong Kong.

 

The symposium is co-organised by the Office of the Government Chief Information Officer and the Hong Kong Internet Registration Corporation.

 

In his opening remarks, Prof Sun said: “The Innovation, Technology & Industry Bureau published the Policy Statement on Facilitating Data Flow & Safeguarding Data Security in Hong Kong last week, which puts forward 18 specific action items in five broad categories, including enhancing cybersecurity protection, to support the development of innovation technology, the digital economy and smart city matters in Hong Kong in a co-ordinated and secure manner.”

 

He added that the National 14th Five-Year Plan clearly supports Hong Kong's development into an international innovation and technology centre, and cybersecurity is the key to achieving this goal.

 

The technology chief encouraged public and private organisations to jointly build a strong cybersecurity defence, establish comprehensive cybersecurity policies and procedures, and strengthen their devotion and support in cybersecurity.

 

The symposium aims to bring together quasi autonomous non-governmental organisations, enterprises and other local organisations in the city to explore industry collaboration in addressing cybersecurity challenges in the digital era. Eight representative cybersecurity companies from the Mainland also participated in the symposium.

 

The event provided a valuable opportunity for participating organisations to establish connections and business engagements with industry peers as well as jointly explore suitable cybersecurity solutions.

 

Panel discussion sessions were also held during the symposium, where industry experts and business leaders from the Mainland and Hong Kong, together with industry professionals representing public and private organisations, exchanged views on different topics including protection of critical data and the latest technologies and trends in cyber defence matters.

 

The symposium showcased cybersecurity solutions, enabling participants to gain insights and engage with industry experts regarding the latest cybersecurity technologies and solutions.


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