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Anti-epidemic meeting held

A meeting on the anti-epidemic work of the Mainland and Hong Kong was held today in Shenzhen.   It was hosted by Hong Kong & Macao Affairs Office of the State Council Deputy Director Huang Liuquan.   Chief Secretary John Lee led Hong Kong Special Administrative Region representatives to attend the meeting and exchange strategies with Mainland representatives on preventing and fighting COVID-19 as well as study the resumption of quarantine-free travel between the Mainland and Hong Kong.   Mr Huang noted that the office organised the meeting as the central government attaches great importance to the request by Chief Executive Carrie Lam on the resumption of quarantine-free travel with the Mainland.   Mr Lee thanked the central government for its support and care towards the Hong Kong SAR's efforts in preventing and fighting the virus, and for offering vital assistance on many occasions.   He also expressed gratitude to the office for arranging the meeting within a short

Business fund upgraded

The Trade & Industry Department today announced enhancement measures for the Dedicated Fund on Branding, Upgrading & Domestic Sales (BUD Fund) in support of enterprises’ business development to be rolled out in three phases from tomorrow.   The BUD Fund’s geographical scope will be broadened progressively from 20 economies with which Hong Kong has signed Free Trade Agreements to 37 economies with which Hong Kong has signed Free Trade Agreements and/or Investment Promotion & Protection Agreements.   In the first phase starting tomorrow, the BUD Fund will additionally cover Japan and Korea, and the cumulative funding ceiling per enterprise will be increased from $4 million to $6 million.   The department noted that the enhancements will further help enterprises develop more diversified markets by utilising the better investment protection under the Investment Promotion & Protection Agreements. More funding support will also be provided for enterprises to capture the business opportunities brought about by the country’s dual circulation development strategy.   Call the fund's secretariat at 2788 6088 for enquiries.
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