The number of instances of misuse of Hong Kong’s HK$2 (26 US cents) transport subsidy scheme for the elderly has fallen sharply since the introduction of real-name registration, the city’s welfare minister has revealed. Secretary for Labour and Welfare Chris Sun Yuk-han said on Wednesday that between August 2024 and April of this year, there…
The number of instances of misuse of Hong Kong’s HK$2 (26 US cents) transport subsidy scheme for the elderly has fallen sharply since the introduction of real-name registration, the city’s welfare minister has revealed. Secretary for Labour and Welfare Chris Sun Yuk-han said on Wednesday that between August 2024 and April of this year, there…
Finance Minister Lan Foan has emphasised that fiscal efforts to support China’s technological advancement are a government priority, as many analysts predict that Beijing will raise this year’s fiscal deficit ratio to 4 per cent to bolster economic growth. In an article in the Communist Party mouthpiece People’s Daily on Friday, Lan pledged that his…
BEIJING (AP) — The Chinese government is looking at additional ways to boost the economy, Finance Minister Lan Fo’an said Saturday, but he stopped short of unveiling a major new stimulus plan that analysts and stock investors were hoping for. Lan’s remarks left the door open for such a plan in the future but he…