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BUSINESS GOVirtual Expo & Conference 2022

BUSINESS GOVirtual Expo & Conference (BUSINESS GOVirtual), the Hong Kong's first physical B2B "Tech x Business" event in the post-pandemic period, gathers leading IT companies and solutions providers under one roof to demonstrate their latest technologies. It is also the platform where showcases the key technological advancements for social and business engagement in the new digital era. The development of the Greater Bay Area is accorded the status of critical strategic planning in the Chinese government's blueprint, with great significance in China's initiative on innovation-driven development. Strategically held in Hong Kong, the international innovation and technology hub, BUSINESS GOVirtual serves as a communication platform for tech companies to exchange ideas, collaborate and foster partnerships. On top of the physical event, the brand new "GOVirtual OMNI," an online platform for the Expo and Conference, welcomes regional exhibitors and visito

FS expects strong GDP growth

Financial Secretary Paul Chan welcomed the passage of the Appropriation Bill 2021, adding that he expected Hong Kong to register a relatively strong, positive GDP growth in the first quarter.   Meeting the media after the bill was passed by the Legislative Council today, Mr Chan noted that the advance estimates on GDP for the first quarter will be published next week.   He expected a rebound in the GDP figure due to the improved COVID-19 pandemic situation and strong recovery in the external economic environment.   “We expect there would be pretty strong GDP growth because of the fact that the comparison base last year is very low. We registered a contraction of 9% in last year’s first quarter.   “Also, since the middle of last year, although on a year-over-year basis the GDP continued to contract, on the basis of quarter-to-quarter GDP comparison we have seen gradual improvement since the third quarter.   “Given that the pandemic situation now in Hong Kong is pretty much under control - although we still need to be very vigilant - and considering the fact that the external economic environment is also recovering very strongly, no matter if it is in the Mainland, the US or other Asian countries, we are confident that with the impressive improvement on the trade side and the gradual recovery on domestic consumption, the first quarter of this year will see a relatively strong, positive GDP growth.”
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