Chen Maobo, the director of the Hong Kong Finance Department, predicts that the economy in Hong Kong will have a mild increase in the first quarter.

According to Sing Tao Daily, the Hong Kong government issued the first consumer coupon on Sunday (April 16).20 billion yuan (Hong Kong dollars, about 3.4 billion yuan), is expected to boost the economy of 0.6 percentage points, which is very important for economic recovery.

Chen Maobo said that the export figures in the first two months of Hong Kong this year fell by about 25%compared with the same period last year. It is expected that the decline in March is narrowing to the number of units, which will benefit from the overall customs clearance and cancellation of social distance measures.The increase of 17%, consumption is still strengthened, I believe that the second quarter economy will be better than the first quarter.

As for tourism, Chen Maobo said that the situation in March and April was better than in January and February. Now it is mainly restored by the capacity that has not been fully recovered. The government has urged airlines to increase flights as soon as possible.

Chen Maobo also said that the government is promoting high -quality development, and will establish a virtual asset development specialized group to discuss Web3.0 development vision, roadmap and supervision principles.Development.