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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

August retail sales up 11.9%

The value of total retail sales in August, provisionally estimated at $28.6 billion, rose 11.9% compared with the same month in 2020, the Census & Statistics Department announced today.   Of the total retail sales value in August, online sales accounted for 7.4%. Provisionally estimated at $2.1 billion, the value of online retail sales increased 16.5% 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 10.6% compared with a year earlier.   The value of sales of jewellery, watches and clocks and valuable gifts increased 28%.   This was followed by sales of electrical goods and other consumer durable goods, not elsewhere classified (+10.1% in value); food, alcoholic drinks and tobacco (+1.3%); other consumer goods, not elsewhere classified (+30.7%); commodities in department stores (+7.5%); wearing apparel (+35.7%); medicines and cosmetics (+13.6%); fuels (+21%); furniture and fixtures (+6.5%); books, newspapers, stationery and gifts (+27.9%); footwear, allied products and other clothing accessories (+62.3%); Chinese drugs and herbs (+26.7%); and optical shops (+60.4%).   The value of sales of commodities in supermarkets decreased 8% for the period, followed by sales of motor vehicles and parts (-0.4% in value).   The Government said the year-on-year growth in the value of total retail sales picked up notably in August, thanks to the boost from the Consumption Voucher Scheme (CVS). The stable local epidemic and improved labour market conditions also contributed.   Looking ahead, the Government noted that the CVS should continue to bode well for local consumption sentiment in the rest of the year.   Nevertheless, keeping the epidemic under control remains pivotal to a full-fledged recovery of the retail sector and the overall economy. It is thus essential for the community to strive towards more widespread vaccination, it added.
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