
Hong Kong Chief Executive Lee Ka-chiu released the third Policy Address during his term of office on October 16. He said the policy is citizen-centered, with economic construction as the main axis, development and improvement of people's livelihood, resistance to internal and external negative forces, and boosting morale.
1. Consolidating Economic Position
1.1 Update of "New Capital Entry Scheme"
1.2 International Gold Trading Market
1.3 Investment Products Denominated In RMB
1.4 Strengthen Risk Management Position
2. Enhance Trade Advantages
2.1 Reduce Taxes On Spirits
2.2 Expand Ocean Shipping Services
2.3 Commodity Trading Ecosystem
2.4 Cross-Border Payment System Connectivity
3. Promoting Enterprise Development
3.1 Repay Interest But Not Principal
3.2 Corporate Migration Mechanism
4. Recruiting Talents
4.1 Expansion of the "Top Talent Pass Scheme"
4.2 New Scholarship Programs
5. Enhancing Convenience for Entry to Hong Kong
5.1 Streamlining Individual Visit Visa Endorsements
5.2 Elimination of Arrival/Departure Declaration Forms
6. Conclusion
These policy measures not only enhance Hong Kong's competitiveness in the international market but also offer more opportunities & support for local residents & businesses, promising long-term economic growth & social progress. We will publish more interesting articles in the future, so stay tuned.
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