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2020-10-26 09:31:00

The development of the Guangdong-Hong Kong-Macao Greater Bay Area has provided young people in Hong Kong with a new runway for career, and they should make good use of the platform, Matthew Cheung, Chief Secretary for Administration of China's Hong Kong Special Administrative Region (HKSAR) government said Sunday. Hong Kong should capitalize on its advantages under the "one country, two systems" during its integration into the national development, Cheung said in his blog. Cheung said the Guangdong-Hong Kong-Macao Greater Bay Area is one of the regions with the highest degree of openness and the strongest economic vitality in the country. With strong strength in population, economic scale and resources, it is a unique and diversified bay area. It is only natural that Hong Kong youth should be helped to understand the country and integrate into its development, he said.


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2020-10-26 09:08:13

The decline in Hong Kong's GDP in the third quarter should narrow significantly from the roughly 9-percent decline in the first two quarters of this year, Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said Sunday. Hong Kong's economy, which has contracted for four consecutive quarters, is not yet out of recession, but the contraction pressure is expected to be slightly relieved if the epidemic situation in Hong Kong continues to be contained, the financial chief wrote in a blog article. The latest unemployment rate in Hong Kong is much grimmer than the macro-economic situation, Chan noted. The unemployment rate in Hong Kong increased by 0.3 percentage point from June-August 2020 to 6.4 percent in July-September, the highest in nearly 16 years.


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2020-10-26 05:52:13

A series of activities celebrating the Double Ninth Festival or the Chongyang Festival, were held in Shanghai on Sunday.


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