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Xia Baolong begins HK visit

CPC Central Committee Hong Kong & Macao Work Office Director and State Council Hong Kong & Macao Affairs Office Director Xia Baolong today arrived in Hong Kong for a seven-day inspection visit.   Upon his arrival at Hong Kong International Airport this morning, Mr Xia toured the Integrated Airport Centre in the company of Chief Executive John Lee, Chief Secretary Chan Kwok-ki and Airport Authority Hong Kong (AAHK) Chairman Jack So.   Mr Xia was updated by Secretary for Transport & Logistics Lam Sai-hung and AAHK Chief Executive Officer Fred Lam, on the developments of the aviation industry and the latest situation of Hong Kong's development as an international aviation and cargo hub. Mr Xia also inspected the operation of autonomous vehicles at the airport.   In the afternoon, he had an engagement session with Principal Officials and Permanent Secretaries of the Hong Kong Special Administrative Region Government led by Mr Lee.   At another engagement ses

$20.8b deficit recorded

The Government announced today it recorded a $20.8 billion deficit for the two months ending May 31.   Expenditure for the period was $97.1 billion and revenue was $76.3 billion.   The Government said there was a deficit mainly because some major types of revenue including salaries and profits taxes are mostly received towards the end of a financial year.   Fiscal reserves stood at $907 billion at the end of May.
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