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DC reform meetings held

The Government held exchange meetings on the theme of improving the district governance system and reforming the District Councils (DCs) at the Central Government Offices today.   Over 80 Hong Kong Special Administrative Region deputies to the National People's Congress (NPC) and Hong Kong SAR members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) were there to exchange views on improving the district governance system and supporting the District Council election.   Chief Executive John Lee noted that it is the first major citywide election after improving the district governance system and reforming the DCs, and is of particular significance.   He said it also marks the final mile for the full implementation of the principle of “patriots administering Hong Kong” in the district governance structure.   The Chief Executive also noted that the election is of great significance to the good governance and the long-term st
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Voucher scheme well received

Secretary for Financial Services & the Treasury Christopher Hui today said the community’s overall response to the Consumption Voucher Scheme is very positive after the first batch of vouchers was disbursed.   The first $2,000 consumption voucher was disbursed to about 5.5 million eligible people on August 1.   Answering lawmakers’ questions today, Mr Hui said the scheme is generally welcomed by the public and businesses and has successfully boosted and stimulated consumer sentiment.   He noted that the four stored value facility operators and a lot of shopping centres and merchants have seized the opportunity to introduce extra promotions to attract people to spend, adding that such additional promotions will reinforce the multiplier effect of the electronic consumption vouchers.   As the vouchers are disbursed in instalments, Mr Hui believes that the enthusiastic consumer sentiment will continue in the second half of the year, leading to growth of the local retail, catering and service sectors, and boosting the overall local economy.   The Government had estimated earlier that there would be around 7.2 million eligible people, involving about $36 billion and expected that the scheme would boost local economic growth by 0.7 percentage points.
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