Between 2012 and 2018, Hong Kong experienced substantial growth, partly driven by a notable rise in tourism. During this period, Ocean Park often operated at full capacity, and the MTR was frequently crowded with travellers carrying suitcases. The streets of many neighbourhoods were transformed to provide goods and services mainly catering to mainland visitors. For…
Hong Kong’s tourism minister has brushed aside concerns that offering multiple-entry visas to more than 10 million Shenzhen residents might trigger a resurgence in parallel trading, speaking a day before the new policy takes effect. Secretary for Culture, Sports and Tourism Kevin Yeung Yun-hung said on Saturday that the visa scheme would benefit Hong Kong’s…
Retail sales in Hong Kong dropped for the eighth month straight in October, falling by 2.9 per cent year on year, even as authorities have expressed optimism that spending will increase with the resumption of multiple-entry visas for Shenzhen residents. Provisional estimates from the Census and Statistics Department on Friday put the total value of…
The resolution charts a new course for Hong Kong’s high-quality development, injecting significant momentum into the city’s governance and prosperity. Hong Kong already has three advantages in this regard. Hong Kong now has a safer, freer and more open society, as well as a predictable business climate, ushering in a great period for reviving the…