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July goods exports up 20.1%

The volume of Hong Kong's total goods exports increased 20.1% year-on-year in July, the Census & Statistics Department announced today.   The volume of goods imports for the month rose 19.5% over July 2020.   Prices of goods exports and imports increased 5.6% and 5.5% year-on-year for the month.   On a seasonally adjusted basis, the volume of goods exports fell 5.3% in the three-month period ending July compared with the preceding three months, while the volume of goods imports decreased 0.8%.   Comparing the first seven months of the year with the same period in 2020, the volume of goods exports rose 25.3%, while that of goods imports increased 22.7%.   Prices of goods exports for the period increased 3.4%, while that of goods imports rose 3.3%. http://dlvr.it/S7hMTp

New round of quarantine hotels set

(To watch the full media session with sign language interpretation, click here.)   A total of 36 hotels will provide about 10,000 rooms under the second round of the Designated Quarantine Hotel Scheme, Secretary for the Civil Service Patrick Nip said today.   In a media briefing this afternoon, Mr Nip noted that four hotels will join the scheme, while four hotels that took part in the scheme’s first round have chosen to withdraw.   Mr Nip said: “As regards the four hotels (from the first round) that decided to withdraw from the scheme, it is because of their own considerations or commercial reasons.”   The 36 designated quarantine hotels, with the contract period lasting from February 20 to April 20, will provide rooms of various types and rates for selection by returnees to Hong Kong.   Mr Nip explained that the Government has increased the number of hotels offering lower room rates in this new cycle.   “In this second round, we have increased the number of hotels that charge at a low-end price.   “We now have over 80%, actually it’s 83.5% of the total number of hotel rooms that will charge below $1,000 a night.”   The number of hotels offering room rates of $500 or below will increase from seven to 11 and the number of such rooms will be almost doubled to over 2,800 rooms.   To further prevent the importation of COVID-19 cases, the Government fully implemented the Designated Quarantine Hotel Scheme and Designated Transportation Scheme on December 22, 2020.   It requires all travellers arriving from countries outside China to undergo compulsory quarantine for 21 days at designated quarantine hotels.
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