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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

470 DC members sworn in

The Government today held an oath-taking ceremony for members of the seventh term District Councils (DCs), during which all 470 DC members promised to uphold the Basic Law and bear allegiance to the Hong Kong Special Administrative Region.
 
Chief Executive John Lee attended the ceremony. Secretary for Home & Youth Affairs Alice Mak served as the oath administrator as authorised by the Chief Executive.
 
Apart from congratulating the DC members on their taking of oaths and assumption of office, Mr Lee outlined four requirements for them.
 
The requirements include upholding the Basic Law and bearing allegiance to the Hong Kong SAR; ensuring effective communication between the Government and the people by serving as a connection between the two; implementing the principle of “patriots administering Hong Kong” at the district governance level and upholding the important duty of safeguarding national security; and adopting a people-oriented approach to bring tangible improvements to the community.
 
The Chief Executive added that he expects the DC members to facilitate the Government’s implementation of policies in the districts, thereby strengthening district governance to build a better Hong Kong.
 
Based on the principles laid down by the Interpretation of Article 104 of the Basic Law by the Standing Committee of the National People’s Congress and the relevant legal provisions, the oath administrator determined that the oaths taken by all 470 DC members were valid.


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