Government steps up support for enterprises in coping with US tariffs
The Commerce and Economic Development Bureau (CEDB) today (April 10) announced that in view of the reckless tariff imposition by the United States (US), including the further increase in the so-called reciprocal tariffs, the Hong Kong Export Credit Insurance Corporation (ECIC) will introduce a new round of enhanced measures to support the export trade in Hong Kong and help enterprises in expediting expansion into new markets.
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Government steps up support for enterprises in coping with US tariffs Source: HKSAR Government Press Releases
Government steps up support for enterprises in coping with US tariffs Source: HKSAR Government Press Releases
Government steps up support for enterprises in coping with US tariffs Source: HKSAR Government Press Releases
Government steps up support for enterprises in coping with US tariffs Source: HKSAR Government Press Releases
The Secretary for Commerce and Economic Development (SCED), Mr Algernon Yau, said, "The US has been repeatedly changing its policies, increasing tariffs within days and imposing the so-called reciprocal tariffs against Hong Kong notwithstanding that we have never implemented any tariffs. It is totally illogical and ungrounded, once again showing the US's bullying act for suppressing its competitors. I call upon the business community to unite and face the challenges together with a view to jointly counteracting the unreasonable coercion of the US. Further to the Policy Address initiative on increasing the maximum indemnity percentage of the ECIC to 95 per cent, the three enhanced measures introduced by the ECIC will help accelerate Hong Kong enterprises' expansion into new and diversified markets."
To support Hong Kong enterprises (especially small and medium enterprises (SMEs)) in coping with the current challenges, the ECIC will, with immediate effect, introduce three enhanced measures, including (1) extend the free pre-shipment cover for holders of the Small Business Policy (SBP) which is tailor-made for the SMEs until June 30, 2026; (2) offer a 50 per cent discount on pre-shipment risks to cover premiums for non-SBP holders; and (3) reduce the premium rates for new markets to be in line with those for traditional major markets to reduce the costs and support exporters in tapping into the ASEAN market.
Since the US's announcement of the so-called reciprocal tariffs last week, the SCED has separately met with the representatives of major local chambers of commerce, SME associations, and representatives of industries that are more affected by the tariffs (including jewellery, textiles and garment, food and aluminium industries) to listen to their views and discuss measures in response to the incident. The CEDB will continue to maintain close liaison with the business community to jointly respond to the unreasonable coercion of the US and provide support to the SMEs through various funding schemes and support measures, including the SME Financing Guarantee Scheme and the Dedicated Fund on Branding, Upgrading and Domestic Sales, etc in managing cash flow, enhancing competitiveness and expanding into more diversified markets.
Government steps up support for enterprises in coping with US tariffs Source: HKSAR Government Press Releases
Government steps up support for enterprises in coping with US tariffs Source: HKSAR Government Press Releases
Government steps up support for enterprises in coping with US tariffs Source: HKSAR Government Press Releases
Government steps up support for enterprises in coping with US tariffs Source: HKSAR Government Press Releases
Public hospitals experience smooth operations on second day of public healthcare fees and charges reform
The following is issued on behalf of the Hospital Authority:
On the second day (January 2) of the implementation of the Hospital Authority public healthcare fees and charges reform (fees and charges reform), public hospitals maintained smooth operation. The HA will continue to deploy additional manpower across various departments at hospitals to assist patients in need.
On the first day (January 1) of the fees and charges reform, 3 888 patients attended the Accident and Emergency departments (A&E) of 18 public hospitals, a decrease of about 25 per cent when comparing to New Year's Day last year. From midnight to 2pm yesterday (January 2), 2 329 patients attended all A&E, approximately 30 per cent fewer than the same time period of January 2 of last year. Among the patients seeking medical consultation, there were 34 critical cases and 82 emergency cases. According to the new fees and charges arrangement, these two categories of patients will have their A&E charges fully exempted. The other cases subject to the new fees and charges arrangement include 986 urgent cases, 1 171 semi-urgent cases, and 56 non-urgent cases. The average waiting times for semi-urgent and non-urgent cases was around 55 minutes, which is shorter compared to the average waiting time for the same period last year (approximately 147 minutes) for semi-urgent and non-urgent cases.
Additionally, the HA's 75 Family Medicine Clinics (FMCs) providing family medicine outpatient services also operated smoothly yesterday. As of 2pm yesterday, approximately 10 000 patients attended these FMCs, with overall service usage remaining similar to that before the implementation of the measures.
The HA has deployed additional manpower to expedite the processing of patients' medical fee waivers applications. As of 2pm yesterday, public hospitals received approximately 3 300 applications in total for the day, with nearly 90per cent approved, amounting to about 2 900 applications. The remaining cases will be processed as soon as possible. Compared to the 14 000 individuals who were approved for medical fee waivers in 2023/24, the HA has approved approximately 35 000 applications since early November last year, benefiting citizens in need.
Furthermore, patients who had previously scheduled non-urgent radiology services or pathology services will be receiving payment notifications through mail or the HA mobile application HA Go starting from January 1. The HA reminds patients with recent appointments can arrange payment as early as practicable upon receiving the notification. For patients with distant appointment dates, payment can be arranged at their convenience after receiving the notification. Patients are not required to settle the payment immediately. Patients undergoing non-urgent radiology services must settle the payment at least 14 days before their appointment date, while patients requiring pathology services must settle the payment before testing. If patients have questions regarding payment items, they can inquire with healthcare staff during follow-up appointment, and specialist out-patient clinics will also have Integrated Patient Service Centres to provide detailed explanations about payment arrangements.
The HA reminds patients that the fees and charges reform has been implemented. Patients are advised to familiarise themselves with the new fees and charges arrangements before visiting public hospitals or outpatient clinics. Some medical service procedures have also been modified. Every cluster has set up hotlines (see table below) for patients to inquire about the fees and charges reform arrangements. Patients can also visit the HA website to learn about the new arrangements.
Hotlines for Public Healthcare Fees and Charges Reform
Clusters |
Hotlines |
Hong Kong East Cluster |
6460 4303 |
Hong Kong West Cluster |
2255 4177 |
Kowloon Central Cluster |
3506 7198 |
Kowloon East Cluster |
5215 7326 |
Kowloon West Cluster |
3467 7575 |
New Territories East Cluster |
6273 3551 |
New Territories West Cluster |
2468 5353 |
Service hours: January 2-11, 2026, 8am to 8pm
Source: AI-found images
