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Feb exports value down 0.8%

The value of Hong Kong’s total exports decreased to $284.1 billion in February, down 0.8% on the same month last year, the Census & Statistics Department announced today.   The value of imports of goods fell 1.8% to $325.7 billion for the same period.   A trade deficit of $41.7 billion, or 12.8% of the value of imports, was recorded in February.   Comparing the three-month period ending February with the preceding three months on a seasonally adjusted basis, the value of exports rose 5.5%, while that of imports also increased 3.3%.   The Government noted that taking the first two months of the year together to remove the volatility caused by the difference in timing of the Lunar New Year, the value of exports posted a 16.6% growth against a very low base of comparison a year ago.   Exports to the Mainland and the US rose notably, while those to the European Union fell. Those to other major Asian markets recorded a mixed performance.   Looking ahead, the Gove

Patrick Nip meets logistics staff

Secretary for the Civil Service Patrick Nip today visited the Government Logistics Department to learn about colleagues’ work and matters of concern.   Mr Nip said that the 2021 Policy Address proposed to enhance the effectiveness of governance, and the civil service as the Government’s backbone plays a vital role in implementing “one country, two systems”.   He encouraged staff to spare no efforts in supporting bureaus and departments, always bearing in mind to strive for excellence in service delivery.   They should be innovative, be adept at policy making as well as execution, work with a strong sense of responsibility, and make good use of innovation and technology to meet the opportunities and challenges in the new era, he added.   At the Storage & Distribution Section’s Unallocated Store, Mr Nip was briefed on the storage and delivery of essential and emergency items including protective gear for bureaus and departments.   In addition, Land Transport Division staff showed him electric vehicles in the government fleet. He noted that the department would give priority to environmentally friendly vehicles in procurement, helping reduce pollutant emissions and enhance energy efficiency.   Touring the Printing Unit and the Finishing Unit, Mr Nip also gained an understanding of colleagues’ daily work including deploying printing and binding techniques to produce a variety of publications according to departments’ needs.
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