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CE hosts seminar on ‘two sessions’

Chief Executive John Lee today held a seminar on learning the spirit of the "two sessions" - the second session of the 14th National People's Congress and the second session of the 14th Chinese People's Political Consultative Conference National Committee.   The seminar was aimed at enabling the participants to have a deeper understanding of the essence of the "two sessions" and its significance to Hong Kong's development.   Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region Director Zheng Yanxiong shared his views at the seminar.   Mr Zheng pointed out that the Hong Kong SAR has to grasp the spirit of the "two sessions" focusing on seven aspects - the important speech of General Secretary Xi Jinping; the significant achievements of the country on all fronts over the past year; the determination and confidence in national economic and social development; the tenet that high-quality d

Business fund upgraded

The Trade & Industry Department today announced enhancement measures for the Dedicated Fund on Branding, Upgrading & Domestic Sales (BUD Fund) in support of enterprises’ business development to be rolled out in three phases from tomorrow.   The BUD Fund’s geographical scope will be broadened progressively from 20 economies with which Hong Kong has signed Free Trade Agreements to 37 economies with which Hong Kong has signed Free Trade Agreements and/or Investment Promotion & Protection Agreements.   In the first phase starting tomorrow, the BUD Fund will additionally cover Japan and Korea, and the cumulative funding ceiling per enterprise will be increased from $4 million to $6 million.   The department noted that the enhancements will further help enterprises develop more diversified markets by utilising the better investment protection under the Investment Promotion & Protection Agreements. More funding support will also be provided for enterprises to capture the business opportunities brought about by the country’s dual circulation development strategy.   Call the fund's secretariat at 2788 6088 for enquiries.
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