Measures she outlined included:
The Chief Executive said she would aim to further enhance the status of Hong Kong as an international commerce and trading centre by negotiating and concluding more bilateral and multilateral agreements. She also committed Hong Kong to fully participate in and contribute to the Belt & Road Initiative to generate new impetus for economic development. To this end, she announced the establishment of a Steering Committee for the development of the Guangdong-Hong Kong-Macao Greater Bay Area for overall co-ordination of participation and to identify opportunities for Hong Kong in the region. Mrs Lam said she would be closely monitoring the impact of the trade friction between China and the United States on Hong Kong and introduce supportive initiatives for various sectors in a timely manner.
The Government will implement a series of measures to support and enhance the development of high value-added maritime services, which include:
To boost the development of Hong Kong's film industry in the next few years, the Chief Executive also proposed to make a one-off injection of $1 billion into the Film Development Fund.
Managing director of ILS World's Hong Kong office Lilian Cheung said: "These latest announcements further strengthen Hong Kong's reputation as a progressive place to do business and the preferred platform for those seeking a gateway into Asia. Together with the new regulatory regime introduced into Hong Kong this year we believe these new measures will only increase the advantages of working in this jurisdiction."
For further information on doing business in the Hong Kong please contact managing director Lilian Cheung at firstname.lastname@example.org