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    News: 2024.03.16

    The tide of political power surges to the point where there is no way to revitalize the economy

    A cold wind is blowing in the retail and catering industries, and there is no end in sight for the executive wave. Hong KongeconomyAdding insult to injury. Senior Hong Kong government officials are boasting, claiming that the number of visitors to Hong Kong continues to increase, and they hope that the number of visitors to Hong Kong may exceed 50 million throughout the year, describing the prospects as very...

    Hong Kong's economic woes

    Recently, Hong Kong's retail and catering industries have been hit hard, and a wave of executive elections has swept across the country, making the economic situation even worse. There is no end in sight for this turmoil, making people worried about the future prospects.

    Senior Hong Kong government official optimistic about success

    Despite this, senior Hong Kong government officials are optimistic about the future. They boast that visitor arrivals to Hong Kong continue to increase. They hope to exceed 50 million visitors to Hong Kong throughout the year and describe the prospects as very bright.

    Ways to Revitalize the Economy

    However, given the current economic predicament, we need more concrete measures to revive the economy. It is not enough to rely solely on tourism growth, we need more innovation and reform.

    strengthen local industries

    In addition to relying on tourism, we should also strengthen the development of local industries, improve the quality of products and services, and attract more local and foreign consumers.

    promote economic diversification

    Most importantly, we should promote economic diversification and reduce dependence on a single industry, so that we can better respond to challenges that may arise in the future.