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    News: 2024.04.17

    Exclusive interview with Tao Dong: Hong Kong’s economic problems require a change of thinking

    In this exclusive interview, Tao Dong talked about the weak domestic demand that has become a chronic disease of the economy, and the importance of changing thinking about Hong Kong's structural problems. He pointed out that as the global economic environment changes, Hong Kong is facing new challenges and opportunities.

    Tao Dong said that the mainland's economic growth in the first quarter was 5.3%, which shows that China's economy is growing steadily. However, he also mentioned some potential risks and issues, such as trade friction and financial instability.

    Hong Kong’s structural problems

    When talking about Hong Kong’s structural problems, Tao Dong emphasized the importance of changing thinking. He believes that Hong Kong needs to be more open and innovative to cope with increasingly fierce international competition.

    Weak domestic demand has become a chronic disease of the economy

    In addition, Tao Dong also pointed out that weak domestic demand has become a chronic disease of the economy. He believes that Hong Kong needs to strengthen domestic demand and promote consumption and investment to achieve sustainable economic growth.

    Conclusion

    In general, Tao Dong put forward some important views and suggestions in this interview, hoping that Hong Kong can cope with challenges, seize opportunities, and achieve steady economic growth.