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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

7.5m New Year passengers to transit

The Immigration Department today said it estimates that over 7.5 million passengers will pass through Hong Kong’s sea, land and air control points during the upcoming festive period from February 9 to 17.


The estimate was made in consultation with the Shenzhen General Station of Exit & Entry Frontier Inspection. The two parties estimate that around six million of the passengers will transit through land boundary control points.


The number of passengers using land boundary control points will be highest on February 11 and February 13, when around 461,000 outbound passengers and inbound 607,000 ones are expected.


Passenger traffic at the Lo Wu Control Point is expected to reach a daily average of about 170,000 passengers. Meanwhile, the Lok Ma Chau Spur Line Control Point and the Hong Kong-Zhuhai-Macao Bridge Control Point can expect around 158,000 and 105,000 passengers respectively.


To facilitate cross-boundary passenger and vehicle flows during the Lunar New Year holidays, two special arrangements will be implemented.


Firstly, from February 9 to 13, passenger and passenger vehicle clearance services at the Shenzhen Bay Control Point will operate around the clock.


Secondly, on February 9 and 11, passenger clearance services at the Lo Wu Control Point will be extended to 2am the next day.


These arrangements have been put in place after the Hong Kong Special Administrative Region Government reached agreement with the relevant Guangdong and Shenzhen authorities.


The department, along with Police, Customs and the MTR Corporation, will set up a joint command centre at the Lo Wu Control Point to make necessary arrangements.


The department will also establish close communication with the Mainland authorities and implement traffic diversion plans as necessary, in order to ensure smooth passenger traffic flows.


Residents and visitors may check the estimated waiting times for arrivals and departures at each land boundary control point via a dedicated mobile application.

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