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Govt showcases tech solutions

At the second edition of the InnoEX which started today, over 100 technology solutions, including those developed by government departments, are being showcased at the Smart Hong Kong Pavilion set up by the Office of the Government Chief Information Officer (OGCIO).   Through interactive experiences and live demonstrations, the pavilion displays the fruitful achievements in advancing the development of innovation and technology (I&T) and smart city in Hong Kong brought about by the concerted efforts of the Government and various sectors, the OGCIO said.   Financial Secretary Paul Chan and Secretary for Innovation, Technology & Industry Professor Sun Dong visited the pavilion today. They were briefed by Government Chief Information Officer Tony Wong on how the OGCIO promotes the active adoption of I&T among government departments and works in collaboration with the local I&T sector to put forward innovative solutions, with a view to empowering public services wit

FS expects strong GDP growth

Financial Secretary Paul Chan welcomed the passage of the Appropriation Bill 2021, adding that he expected Hong Kong to register a relatively strong, positive GDP growth in the first quarter.   Meeting the media after the bill was passed by the Legislative Council today, Mr Chan noted that the advance estimates on GDP for the first quarter will be published next week.   He expected a rebound in the GDP figure due to the improved COVID-19 pandemic situation and strong recovery in the external economic environment.   “We expect there would be pretty strong GDP growth because of the fact that the comparison base last year is very low. We registered a contraction of 9% in last year’s first quarter.   “Also, since the middle of last year, although on a year-over-year basis the GDP continued to contract, on the basis of quarter-to-quarter GDP comparison we have seen gradual improvement since the third quarter.   “Given that the pandemic situation now in Hong Kong is pretty much under control - although we still need to be very vigilant - and considering the fact that the external economic environment is also recovering very strongly, no matter if it is in the Mainland, the US or other Asian countries, we are confident that with the impressive improvement on the trade side and the gradual recovery on domestic consumption, the first quarter of this year will see a relatively strong, positive GDP growth.”
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