HK's Economy Will Maintain Momentum: FS
Hong Kong's financial secretary, Paul Chan, speaks of optimism in maintaining Hong Kong's economic momentum.
According to the Financial Secretary, Paul Chan, Hong Kong's economy is expected to maintain its growth momentum in the coming year. This is despite the challenges posed by the global economic slowdown and the ongoing trade tensions between the United States and China.
Reasons for optimism:
Chan cited several factors that support his optimism, including the city's strong fundamentals, its韧性, and its close ties to mainland China.
He also noted that the government has taken steps to support the economy, such as increasing infrastructure spending and providing tax breaks to businesses.
Challenges ahead:
Despite his optimism, Chan acknowledged that Hong Kong faces several challenges, including the global economic slowdown and the ongoing trade tensions between the United States and China.
He said that the government will continue to monitor the situation closely and take appropriate action to support the economy.
Conclusion:
Hong Kong's economy is expected to maintain its growth momentum in the coming year, despite the challenges posed by the global economic slowdown and the ongoing trade tensions between the United States and China.
The government is committed to supporting the economy and will continue to monitor the situation closely and take appropriate action.