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'Silver economy' panel set up

The Commerce & Economic Development Bureau today established the Advisory Panel on Silver Economy and convened its first meeting with the aim of initiating research on the development of Hong Kong’s growing elderly population as a consumer segment.    Chairing the panel, Secretary for Commerce & Economic Development Algernon Yau said the elderly demographic was emerging as an important part of the city’s economy.    He highlighted that many products and services designed to enhance the quality of life enjoyed by elderly residents are spurring growth and business opportunities.    Mr Yau added that promoting such products and services can help to foster the development of the so-called silver economy and unleash business potential in the elderly market, whilst also catering to the aspirations and needs of elderly people. He said this would be the advisory panel’s focus.     At today’s meeting, the panel endorsed its terms of reference, reviewed statistics relating to

Tse Chin-wan to join climate summit

Secretary for Environment & Ecology Tse Chin-wan will depart for Dubai tomorrow to join the Chinese delegation to attend the 28th Conference of the Parties to the UN Framework Convention on Climate Change.


Mr Tse will attend the high-level segment, side events and other activities of COP28.


He will also hold bilateral meetings with other conference representatives and attend the C40 Cities Climate Leadership Group's steering committee meeting to introduce Hong Kong's Climate Action Plan 2050 and the latest policies and measures adopted by the Hong Kong Special Administrative Region Government to combat climate change.


Commissioner for Climate Change Wong Chuen-fai and Environment & Ecology Bureau officers will join the visit. Permanent Secretary for Financial Services & the Treasury (Financial Services) Salina Yan will also take part to promote Hong Kong's advantages and latest developments of green and sustainable finance.


Mr Tse will return to Hong Kong on December 7. During his absence, Under Secretary for Environment & Ecology Diane Wong will be Acting Secretary.

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