Have your say: join the conversation on shaping hong kong's tourism industry 2.0
âThe Tourism Commission of the Culture, Sports and Tourism Bureau held a consultation session on the formulation of the Development Blueprint for Hong Kong's Tourism Industry 2.0 (Blueprint 2.0) in the Central Government Offices today (May 2) for trade representatives to express views.
The Government promulgated the Development Blueprint for Hong Kong's Tourism Industry (Blueprint) in October 2017, setting out vision, goals and four long-term development strategies for the tourism industry in Hong Kong and proposing short, medium and long-term measures. As tourism is one of the main driving forces of Hong Kong's economy, the Chief Executive announced in the 2023 Policy Address that the Government will update the Blueprint and formulate corresponding future work plans, specific actions, measures, and performance indicators to formulate Blueprint 2.0, in a bid to further drive the development of the local tourism industry in collaboration with different industries.
The Government has launched a trade consultation for Blueprint 2.0, which will end on June 14. During the consultation period, the Government will invite representatives of the travel trade, related organisations and stakeholders to offer views on Blueprint 2.0 through meetings or in writing. The Tourism Commission also welcomes views from stakeholders on or before June 14 by email (tourismblueprint@cstb.gov.hk), fax (3848 4127) or post (11/F, Harbour East, 218 Electric Road, Fortress Hill, Hong Kong).
The Government targets to publish Blueprint 2.0 this year, outlining the goals and key directions for further enhancing tourism development as well as fostering collaboration of different industries to enhance the speed and quality of the development of Hong Kong's tourism industry.
Government conducts trade consultation on Development Blueprint for Hong Kong's Tourism Industry 2.0 Source: HKSAR Government Press Releases
Government conducts trade consultation on Development Blueprint for Hong Kong's Tourism Industry 2.0 Source: HKSAR Government Press Releases
Government conducts trade consultation on Development Blueprint for Hong Kong's Tourism Industry 2.0 Source: HKSAR Government Press Releases
CE meets Chairman of China Securities Regulatory Commission
The Chief Executive, Mr John Lee, today (August 2) met with the Chairman of the China Securities Regulatory Commission, Mr Wu Qing, at Government House to exchange views on deepening the mutual access between Hong Kong and Mainland financial markets. The Financial Secretary, Mr Paul Chan; the Acting Secretary for Financial Services and the Treasury, Mr Joseph Chan; the Chairman of the Securities and Futures Commission of Hong Kong (SFC), Dr Kelvin Wong; and the Chief Executive Officer of the SFC, Ms Julia Leung, also attended the meeting.
Mr Lee welcomed Mr Wu and his delegation to Hong Kong. He said that Hong Kong enjoys unique advantages of having strong support of the motherland and being closely connected to the world under the "one country, two systems" principle, and possesses a highly internationalised market environment and mature financial infrastructure. The National 15th Five-Year Plan supports Hong Kong in consolidating and enhancing its status as an international financial centre, strengthening its functions as a global offshore Renminbi (RMB) business hub, an international asset and wealth management centre, and an international risk management centre. The Hong Kong Special Administrative Region (HKSAR) Government is pressing ahead at full speed with the preparation of Hong Kong's First Five-Year Plan, and is fully committed to its formulation to proactively seize the opportunities brought by the development of the country, continuously advance the high-quality development of Hong Kong as an international financial centre, and support the high-level opening up of the Mainland's financial markets.
Mr Lee said that global demand for RMB in trade finance, investment and reserves is steadily rising. Hong Kong, as a hub for global offshore RMB transactions and financial activities, with the world's largest offshore pool of RMB funds, has been actively advancing the upgrading of its financial infrastructure, product innovation and market expansion in various key areas. He was pleased to note that the launch of Mainland government bond futures in Hong Kong tomorrow (August 3) provides an effective offshore risk management tool for investors, and helps attract international investors to participate in the Mainland bond market and to hold RMB treasury bonds on a long-term basis. This is a key step in enhancing the RMB product ecosystem, and further consolidates Hong Kong's status as the world's offshore RMB business hub. Mr Lee thanked the Central People's Government and relevant Mainland regulators for their continued support, and said that he looked forward to further deepening co-operation with the Mainland and enhancing the liquidity of offshore RMB to facilitate the prudent and solid advancement of the RMB's internationalisation.
Mr Lee said that the HKSAR Government will continue to work closely with Mainland regulators to jointly implement pragmatic measures to deepen co-operation between the two markets. Hong Kong will continue to expand the mutual access between Hong Kong and Mainland financial markets, building on the existing foundations of Stock Connect, Bond Connect and Cross-boundary Wealth Management Connect, to offer a wide range of investment and risk management products to the market. Hong Kong and the Mainland will achieve complementary advantages and promote synergistic development and product innovation in the financial markets to contribute to the development of the country as a financial powerhouse.
CE meets Chairman of China Securities Regulatory Commission Source: HKSAR Government Press Releases
