Hong Kong will implement four entry convenience measures, including the expansion of "0+3" and "Easy to Hong Kong" to all regions in the Mainland from September 26. On the 23rd, Hong Wen, a member of the 7th Legislative Council of Hong Kong and a member of the National Hong Kong and Macao Research Association, said in an exclusive interview with a reporter from Southern Network that the SAR government's adjustment of entry quarantine regulations will help attract foreign investment and activate multiple industries.

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Try to keep working capital in Hong Kong
According to the latest adjustment, those arriving in Hong Kong from overseas or Taiwan through airports in Taiwan will change the quarantine measures from the current "3+4" to "0+3", that is, there will be no compulsory hotel quarantine after entering the country, and only a 3-day medical test is required at the residence or a hotel you choose. At the same time, the "East to Hong Kong" and "East to Hong Kong" and "East to Hong Kong" quarantine-free plans that facilitate the mainland's entry into Hong Kong will not have daily quota restrictions, and the applicable areas will cover all regions in the mainland and the Macao Special Administrative Region.
In this regard, Hong Wen believes that as a national special administrative region, Hong Kong is a window to connect with the world, and needs to connect with the world and play the role of a "middleman". "Hong Kong and the Mainland are in line with many industries. After receiving orders from international shippers, Hong Kong companies will send them to the Mainland for production and production to support the normal operation of mainland factories." She said that adjusting the entry quarantine regulations to "0+3" can attract business travelers to Hong Kong, effectively reactivate multiple industries, and promote the operation of the industrial chain in Hong Kong and the Mainland. "After arriving in Hong Kong, business travelers should strive to keep foreign and mainland funds flowing in Hong Kong in Hong Kong to add value to Hong Kong."
In addition, Hong Wen believes that the relevant data after Hong Kong relaxes entry quarantine measures are also of reference significance to the country.
The industry still takes time to recover
It is understood that due to the impact of the epidemic, Hong Kong exhibition industry has suffered a great blow, and has affected some industries that require offline communication to reach trade cooperation. "For example, in the past, Hong Kong had the largest international jewelry exhibition in Asia in March every year." Hong Wen gave an example. Because mailing jewelry is risky and involves very high insurance costs, jewelry transactions must be inspected in person and placed orders on the spot, which are most cost-effective. Therefore, more than 4,600 exhibitors participated in the exhibition before the epidemic, and more than 9,000 buyers registered for entry during peak periods. However, due to the impact of the epidemic, the exhibition was rescheduled from March this year to August. "The number of exhibitors is only more than 400, less than 10%," said Hong Wen. "It was originally an international trading platform for BTB, but now it has become a BTC store."

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In addition to Jewelry Exhibition , Hong Kong also has seven internationally renowned industry exhibitions including Asia's largest leather exhibition and fruit exhibition. Some have even been transferred to other countries for their participation due to the impact of the epidemic. "It usually takes two years to prepare for a large exhibition, and it takes at least half a year to prepare as usual every year." Hong Wen said that although the current entry quarantine regulations have been relaxed, it still takes a process for Hong Kong's exhibition industry to return to its previous state.
Hong Kong's industrial structure adjustment is right now
In Hong Wen's view, it is the time for Hong Kong to readjust its economic and industrial structure. "Hong Kong's subsequent development focus will continue to focus on the intensive tourism service industry that comes and goes, brings in and out, or conducts new expansions to promote industries such as biological science, aerospace technology, and even scrap iron and steelmaking. This is worth thinking about." She suggested that Hong Kong SAR Government can make good use of "financial" tools, adjust Hong Kong's economic structure, and think about the blueprint for industrial development. Use finance to introduce diversified industries, drive Hong Kong's talent training through industrial development, and make Hong Kong more vibrant.
Hong Wen said that Hong Kong International Financial Center ranks among the top in the world, but has not yet used the "financial" tool. For example, many students in Hong Kong are interested in high-end technology, but because Hong Kong has not developed related industries, they cannot find corresponding jobs in Hong Kong after they finish reading, and talents will be lost. Therefore, finance can be used to promote venture capital and promote the diversification of Hong Kong's industrial structure, so that young people can have more choices and opportunities.
[Southern Network reporter] Qu Xiaoming
Image provided by the interviewee
[Author] Qu Xiaoming
Today's Hong Kong