The Economic Development Commission chaired by Chief Executive CY Leung held its 11th meeting at the Central Government Offices today.
It was briefed on the Government’s follow-up work on the 13th Five-Year Plan chapter dedicated to Hong Kong and Macau.
Members discussed ways to better leverage Hong Kong's advantages and potential areas for further development under the plan.
The commission was also briefed on the work progress of its working groups.
The working group on transportation is working on the tax concession policy to take forward its recommendation to promote aerospace financing in Hong Kong and noted the Airport Authority’s task force teams for setting up the Civil Aviation Academy are working on detailed planning.
It is exploring the feasibility to further promote the development of the maritime industry, such as by introducing insurance products.
The working group on exhibition industries and tourism welcomed the mega events being organised by the Tourism Board and other organisations this year, agreeing they will enrich visitors' experience and promote Hong Kong.
The working group on manufacturing industries, innovative technology, and cultural and creative industries said the Government will launch a number of new funding initiatives to foster the adoption of new technologies and encourage young graduates to join the innovation and technology workforce.
Its expert group on e-commerce is identifying problems businesses face in developing and operating innovative technology and will discuss solutions.
The working group on professional services has taken forward its support initiatives by enhancing the image of professionals, improving service quality and exploring opportunities.
Plans for visiting Mainland cities and Belt & Road countries are being drawn up to promote Hong Hong’s mode of services and its success stories.
The commission provides visionary direction and advises on overall strategy and policy to broaden Hong Kong's economic base and enhance its economic growth and development.
