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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

Grace Lau becomes world No1

Secretary for Culture, Sports & Tourism Kevin Yeung today congratulated Hong Kong karate athlete Grace Lau on becoming world number one in female kata.


Mr Yeung said: “Grace Lau wrote a glorious page in Hong Kong’s karate history by taking top spot in the world rankings.


“It is very exciting to see Hong Kong’s homegrown athletes ranking among the best in the world again. We are proud of Grace’s perseverance.”

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