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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

Property sales dip 6%

The Land Registry recorded 7,400 sale and purchase agreements for all building units received for registration in September, down 6% from August but 12.4% higher year-on-year.   The total consideration for such agreements dipped 5.2% from August to $66.8 billion in August, but a 30.1% year-on-year increase was recorded.   Of the agreements, 5,844 were for residential units, up 5.4% from August and up 16.3% compared with a year ago.   The total consideration of residential units was $56.1 billion, a rise of 2.9% compared with August and an increase of 29.1% from September 2020.   There were 489,429 land register searches last month.
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