Hong Kong Finance Director Chen Maobo said that Hong Kong's personal consumption performance has improved significantly, offset the influence of continuous weak exports.
According to Sing Tao Daily, Chen Maobo published a blog on Sunday (April 30) that Hong Kong's retail sales have risen for three months (December last year to February of this year), and sales resumed restoration.To more than 30 billion yuan (Hong Kong dollars, about S $ 5.1 billion).
He said that since Hong Kong has fully resumed customs clearance since early February this year, the number of visitors to Hong Kong has gradually increased, and the willingness to consumption will improve further, which has greatly improved the overall personal consumption performance, offset the continuous influence of exports.The main driving force for improvement will be reflected in the first quarter economic figures and retail sales data published this week.
Chen Maobo also said that the consumer coupons issued in mid -April and the recent "Happy Hong Kong" series of activities will help consolidate the positive expectations of the second quarter of economic recovery and market.This year is the year of getting rid of the epidemic and economic recovery. The fiscal policy has been adjusted to "middle loose" to maintain financial stability. At the beginning of the economic recovery, the government will still use different types of measures and activities to mention it within the scope of power.Zhen market's confidence in economic prospects and the expectations of citizens' expectations for economic recovery.
