Hong Kong’s John Lee vows to boost support for financially struggling residents

Among the dozens of attendees chosen to speak at the closed-door event, most urged the city leader to bolster the local economy, enhance tourism and improve residents’ livelihoods.

“Many industry opinions say that [they] are hesitant to make big moves or invest heavily at this time, despite having the money,” Lee said, citing external uncertainties linked to the coming US presidential election, spiking interest rates and regional tensions.

“We in Asia are going through a difficult transition period. Our policies will take your views into account. We will ramp up efforts to help everyone in this difficult time.”

Without detailing any potential policies, Lee said he believed the situation would improve as the global economy shifted east towards markets such as Southeast Asia.

He gave the answer in response to an attendee surnamed Law, who worked in the securities industry and had expressed concerns that the number of firms in his sector had reached a double-digit figure in recent years.

Law also questioned if the government’s efforts to attract resources from the Middle East and South Asia had yielded tangible results, while urging authorities to explore additional policies to help stimulate the local economy.

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Ирландия Политика

Джон Ли гонконгский лидер поддержка трудящийся обещание десяток выступление участник