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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

470 DC members sworn in

The Government today held an oath-taking ceremony for members of the seventh term District Councils (DCs), during which all 470 DC members promised to uphold the Basic Law and bear allegiance to the Hong Kong Special Administrative Region.
 
Chief Executive John Lee attended the ceremony. Secretary for Home & Youth Affairs Alice Mak served as the oath administrator as authorised by the Chief Executive.
 
Apart from congratulating the DC members on their taking of oaths and assumption of office, Mr Lee outlined four requirements for them.
 
The requirements include upholding the Basic Law and bearing allegiance to the Hong Kong SAR; ensuring effective communication between the Government and the people by serving as a connection between the two; implementing the principle of “patriots administering Hong Kong” at the district governance level and upholding the important duty of safeguarding national security; and adopting a people-oriented approach to bring tangible improvements to the community.
 
The Chief Executive added that he expects the DC members to facilitate the Government’s implementation of policies in the districts, thereby strengthening district governance to build a better Hong Kong.
 
Based on the principles laid down by the Interpretation of Article 104 of the Basic Law by the Standing Committee of the National People’s Congress and the relevant legal provisions, the oath administrator determined that the oaths taken by all 470 DC members were valid.


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