Financial Secretary

BEIJING, May 31 (Xinhua) Hong Kong's Financial Secretary, Mr Tsang Chun-wah, said the financial tsunami, coupled with influenza A, would inevitably aggravate the public's worries, but he believed that the current situation should have been the worst period and expected a slight growth in the economy next year. Mr Tsang stressed that the new round of rescue measures had already responded to the most pressing needs of the public and made the public feel directly about the benefits of the measures, and that they could help the public through this year's economic difficulties.　　He expects 500,000 members of the public to receive a refund cheque in September. Speaking at a radio show 30th, Mr Tsang said that he had just launched ...

BEIJING, June 18 (Xinhua) Hong Kong's Financial Secretary, Mr John Tsang, announced in this year's budget the issue of a new batch of government debt of HK $100 billion to promote the development of the Hong Kong bond market.　　According to foreign sources, the government plans to issue the first batch of $50 billion in government debt in September, which is more than the SAR government's earlier reference to a substantial increase of 10 billion to 20 billion yuan a year, with a minimum interest rate of 1 below and the earliest possible submission to the Legislative Council next month for approval. A spokesman for the Hong Kong Financial Services and Treasury Bureau said 17th that the report was not correct and that the SAR government is still on the first year of the deal.

BEIJING, December 7 (Xinhua) The Hong Kong Financial Secretary, Mr John Tsang, will come to the Legislative Council on 7th to listen to Legislative Council members ' views on the new budget.　　At the meeting, Mr Tsang will publish his third quarter economic report and brief members on the latest economic situation in Hong Kong. In addition, Mr Tsang's latest blog mentions that there are comments that the budget may have been finalized and that public consultation is only political make-up.　　In response, Mr Tsang stressed that the budget had to be finalized from the first draft and the changes would not be Bedoze in response to the views provided by the public from different channels. Mr Tsang 7th 9 o'clock in the morning, the ...

BEIJING, July 6 (Xinhua) Hong Kong's Financial Secretary, Mr John Tsang, said Hong Kong had seen the dawn of economic recovery and was expecting a narrow decline in the second quarter, but the high unemployment rate would continue.　　Speaking at a meeting of the Special Committee on Financial Affairs of the Legislative Council 6th, Mr Tsang said that the dawning of the economic recovery, the gradual stabilization of global finance in recent months, the improvement in the economic climate in the United States and Europe and the introduction of measures by the central government were in place. Mr Tsang pointed out that the forthcoming quarterly economic data would be narrowed down from the first quarter and that there would be a significant rebound in the quarter. But he also ...

After the State Council's housing price control policy, some industry agencies predict that the big cities such as Beijing will immediately stop rising, some suburban housing prices will be immediately cut, 50% of the speculators will start selling in 3 months, housing prices are likely to be reduced by 20% to 30% in the year. Dawei, director of the three-level marketing department of Beijing Zhongyuan, said in an interview with the first Financial secretary this is called "the State Council's determination to curb the excessive rise in the prices of some cities," is our country in recent years has a real estate control policy of the most stringent policy mix, such a dense policy will bring immediate effect ...

BEIJING, May 27 (Xinhua) Hong Kong's "Big Bulletin" Today in the news report, Hong Kong's first quarter gross domestic product negative growth of 7.8%, earlier this month, "Influenza A", Hong Kong Financial Secretary John Tsang said Hong Kong is facing "the most serious moment."　　Mr Tsang 26th honoured Hong Kong Chief executive Donald Tsang's pledge to launch 17 "overweight" relief measures involving an amount of $16.8 billion. In a number of new measures, 17 relief measures have been taken to waive the rates for the last two quarters of the year, with a maximum of $1500 per household, with the highest amount of money involved, and therefore the SAR government is less ...

BEIJING, May 27 (Xinhua) Hong Kong, "Wen Wei Po" Today in the front-page headlines, Hong Kong Financial Secretary John Tsang announced the total value of nearly $16.8 billion, a total of 18 "overweight" relief measures. 　　According to the source, the SAR government initially estimated that under the new measures, 835,000 taxpayers will not be required to pay any tax next year, and another 565,000 taxpayers will receive the maximum of $8000 in tax relief and would be reflected in the provisional tax next year. Although the above measures are expected to increase the government's deficit in the current financial year, the government needs to take ...

BEIJING, June 18 (Xinhua) Hong Kong's Financial Secretary, Mr John Tsang, announced in this year's budget the issue of a new batch of government debt of HK $100 billion to promote the development of the Hong Kong bond market.　　According to foreign sources, the government plans to issue the first batch of $50 billion in government debt in September, which is more than the SAR government's earlier reference to a substantial increase of 10 billion to 20 billion yuan a year, with a minimum interest rate of 1 below and the earliest possible submission to the Legislative Council next month for approval. A spokesman for the Hong Kong Financial Services and Treasury Bureau said 17th that the report was not correct and that the SAR government is still on the first year of the deal.

March 2 Morning News The Hong Kong Financial Secretary, Mr John Tsang Chun-Wah, announced an amendment to the budget after his meeting with members this morning and decided to abolish the original proposal to inject capital into the MPF Fund and to distribute $6,000 per person to people aged 18 and above.　　However, the revised budget is still opposed by the public, and some scholars believe that the Government's decision-making is confusing and affecting the allocation of financial resources. After the publication of the new 2011-12 budget in Hong Kong last week, the proposal to inject $6,000 into the public MPF accounts has aroused widespread dissatisfaction in the community. Many members of the public think that the money in the MPF accounts will not be available until after retirement, and it is likely to be demoted ...