Hong Kong: Hong Kong Economic Stimulus Funds to Fill Restaurants and Trade Shows

  |   Attaché Report (GAIN)

The Hong Kong government has established a USD3.8 billion anti-epidemic fund to combat the novel coronavirus (COVID-19) epidemic. The fund covers two major areas: enhancement of the government’s ability to combat the virus and the provision of monetary assistance to individuals and enterprises suffering from COVID-19 containment measures. The timely anti-epidemic relief fund will provide subsidies to various sectors, including the conference and exhibition sector and the catering sector. U.S. companies who exhibit at major trade shows in Hong Kong will enjoy reduced participation fees in the coming year through the anti-epidemic fund’s subsidy to the exhibition and conference sector. The relief fund may also help strong restaurants and hotels survive the prevailing economic storm and prepare them to catch the boom in domestic demand expected as soon as fears of the epidemic subside. 

Hong Kong: Hong Kong Economic Stimulus Funds to Fill Restaurants and Trade Shows

Related Reports

Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice declined 1-2 percent due to a further weakening of the Thai baht against the U.S. dollar.
Attaché Report (GAIN)

China: Biofuels Annual

Wavering and uncertain polices and prices continue to limit fuel ethanol consumption in China. In late 2020 the State Council called for controlling the expansion of fuel ethanol processing capacity.
Attaché Report (GAIN)

Chile: Tree Nuts Annual

Post estimates 152,000 MT of walnut production for MY2021/22, a 2.7 percent increase over MY2020/21 following an increase in planted area.