The Chief Executive’s 2024 Policy Address in Hong Kong (16 October 2024) 1.     Consolidate and enhance our advantages ·         Internation Financial Centre o   Develop an international gold trading market and world-class gold storage facilities o   Implement an array of measures to attract new capital and products to the stock market, including more Renminbi (RMB)-denominated products and refining the regulatory regime to boost efficiency o   Better utilise the currency swap agreement with our country to enhance offshore RMB liquidity o   Enhance the New Capital Investment Entrant Scheme by allowing the purchase of high-end residential properties o   Actively explore the suitable expansion of the Bond Connect (Southbound Trading) to deepen mutual market access o   Enhance development of the insurance sector, in particular non-life insurance businesses, and attract large enterprises to establish captive insurers in Hong Kong ·         International Shipping Centre o   Establish the Hong Kong Maritime and Port Development Board to strengthen research capacity and promotional efforts in the Mainland and overseas o   Create a commodity trading ecosystem, introducing tax concessions and encouraging international commodity exchanges to set up accredited warehouses in Hong Kong o   Promote development of high value-added maritime services such as ship broking, financing and leasing, maritime insurance, maritime law and arbitration o   Promulgate the Action Plan on Green Maritime Fuel Bunkering to advance the development of a green maritime centre o   Complete installation of a port community system to facilitate data exchange among stakeholders for further development of the smart port ·         International Trade Centre o   Build a high value-added supply chain services centre to serve Mainland and overseas enterprises, and facilitate their establishment of offshore trading headquarters in Hong Kong o   Raise the statutory maximum indemnity percentage of the Hong Kong Export Credit Insurance Corporation to 95%, and encourage the China Export & Credit Insurance Corporation to establish presence in Hong Kong o   Actively promote the development of a headquarters economy to bring in strategic enterprises from outside Hong Kong; extend the validity period of multiple-entry visas to the Mainland for foreign staff of companies registered in Hong Kong to up to five years o   Reduce the duty rate for liquor to promote liquor trading and related economic ·         International Aviation Hub o   Fully utilise the capacity of the Three-Runway System to explore new destinations and flights o   Expand the scale of the Airport City to build a world-leading new landmark o   Complete the Hong Kong International Airport Dongguan Logistics Park Phase 1, and plan ahead for Phase 2 development to reinforce our advantages in air-cargo industry(Source: https://www.policyaddress.gov.hk/2024/en/highlight.html & https://www.policyaddress.gov.hk/2024/en/policy.html ) (ICE HONG KONG)

Fonte notizia: The Hong Kong Special Administrative Region of the People's Republic of China