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GBA rule of law action plan released

The Action Plan on the Construction of Rule of Law in the Guangdong-Hong Kong-Macao Greater Bay Area has been released, the Department of Justice (DoJ) announced today.   Secretary for Justice Paul Lam explained that the action plan has two intentions, namely to underpin the guiding principle of “Three Interfaces, Two Connects & One Greater Bay Area”, and strengthen collaboration with the legal and dispute resolution sectors and other stakeholders to effectively implement policy measures set out in the plan.   Through mechanisms, regulatory frameworks and talent – the “three interfaces” – the DoJ said it will promote hardware and software connectivity in constructing rule of law in the bay area, co-operation between the various cities according to their respective strengths, and collaboration between different legal systems, thereby eventually achieving the goal of “one Greater Bay Area”.   Deputy Secretary for Justice Cheung Kwok-kwan, who is also the leading Hong Kong

July retail sales up 2.9%

The value of total retail sales in July, provisionally estimated at $27.2 billion, rose 2.9% compared with the same month in 2020, the Census & Statistics Department announced today.   Of the total retail sales value in July, online sales accounted for 7.5%. Provisionally estimated at $2.1 billion, the value of online retail sales increased 29% year-on-year.   After netting out the effect of price changes over the same period, the provisional estimate of the volume of total retail sales for the month increased 0.9% compared with a year earlier.   The value of sales of jewellery, watches and clocks and valuable gifts increased 27.1%.   This was followed by sales of other consumer goods, not elsewhere classified (+15.8% in value); wearing apparel (+30.7%); medicines and cosmetics (+0.5%); motor vehicles and parts (+25%); fuels (+12.8%); furniture and fixtures (+0.6%); books, newspapers, stationery and gifts (+9.8%); footwear, allied products and other clothing accessories (+30.5%); and optical shops (+8.9%).   The value of sales of commodities in supermarkets decreased 19.4% for the period, followed by sales of commodities in department stores (-9.6% in value); food, alcoholic drinks and tobacco (-5.7%); electrical goods and other consumer durable goods, not elsewhere classified (-2.5%); and Chinese drugs and herbs (-2.3%).   The Government said that retail sales continued to increase in July over a year earlier as the local epidemic remained stable and labour market situations improved further, although the growth pace moderated as compared to the preceding month.   Looking ahead, the Government noted that the electronic consumption vouchers that it began to disburse in August have helped stimulate consumption sentiment and will render support to the retail business in the rest of the year.   However, it is essential for the community to keep the epidemic under control and strive towards more widespread vaccination so as to strengthen the foundation for continued recovery of the retail sector and the overall economy, it added.
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