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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

HK prepares for CNY visitor arrivals

In anticipation of an increased number of inbound visitors during the Mainland’s Chinese New Year Golden Week, from February 10 to 17, Secretary for Culture, Sports & Tourism Kevin Yeung today chaired a meeting to co-ordinate preparation work.


Convened by the Culture, Sports & Tourism Bureau, the meeting was attended by Customs and Police officials, as well as representatives of the Immigration Department, the Transport Department and various district offices. Delegates from tourism-related bodies including the Travel Industry Authority, the Tourism Board, the Travel Industry Council and the West Kowloon Cultural District Authority, and others representing major tourist attractions and the hotel industry, also joined.


Mr Yeung said: “Government departments and relevant organisations are working closely together, making early preparations for the deployment of resources, as well as stepping up co-ordination and communication with relevant Mainland counterparts, so as to create good travel experiences for the visitors arriving in Hong Kong during the Golden Week.”


The bureau stressed that parties will maintain communication before the Golden Week in order to formulate plans and undertake preparations for welcoming visitors to Hong Kong. Moreover, Hong Kong Special Administrative Region Government departments will stay in touch with Mainland authorities to monitor cross-boundary passenger traffic and make adjustments accordingly to ensure smooth clearance services.

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