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Policy Address measures highlighted

Secretary for Commerce & Economic Development Edward Yau today briefed members of the Trade & Industry Advisory Board on initiatives related to commerce and trade in the 2021 Policy Address.   Mr Yau said the Policy Address focuses on integration into national development and states that the developments of Hong Kong and the nation are closely related.   While the nation is the major growth engine and driving force for the global economy, the 14th Five-Year Plan, the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, the Qianhai plan, the economic development pattern of not only greater domestic circulation but also domestic and international dual circulation, as well as the Belt & Road Initiative have brought unlimited opportunities for enterprises and professional services providers in Hong Kong.   The city must seize these opportunities and leverage its advantages, Mr Yau noted.   During the meeting, the commerce chief stressed that Hong

Edward Yau briefs publishing reps

Secretary for Commerce & Economic Development Edward Yau today briefed publishing sector representatives on the amended Annex I and Annex II to the Basic Law approved by the Standing Committee of the National People's Congress.   At the meeting, Mr Yau reiterated the necessity and urgency of improving the electoral system and highlighted its importance to creating a stable business environment and ensuring Hong Kong's prosperity and stability.   He also called on attendees to fully support the relevant amendments.   Mr Yau stressed that by improving the electoral system, the excessive politicisation in society and the internal rifts that have torn Hong Kong apart can be effectively mitigated, thereby enhancing the city's governance capability.   Hong Kong will then be able to focus on addressing economic and livelihood issues, and developing the economy to achieve long-term prosperity and stability by leveraging its unique advantages and the staunch support of the central authorities, he added.   Mr Yau will brief the broadcasting, film, music and performing arts sectors on the relevant amendments on April 13.
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