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FS paves way to green, digital future

A number of initiatives and measures aimed at accelerating high-quality development were announced in today’s 2024-25 Budget, with the Government emphasising a move towards a green future and digitalisation.   Explaining that high-quality development spurs ongoing economic innovation and growth whilst conserving the natural environment, Financial Secretary Paul Chan said Hong Kong must pursue opportunities through leveraging its advantages under “one country, two systems”, namely those of enjoying strong support at a national level and being closely connected to other parts of the world.   He stressed that green development involves huge business opportunities and financing needs, as governments and businesses around the world pursue carbon neutrality and green transformation. In addition, he said digitalisation has become a new driving force for economic development, empowering enterprises to enhance efficiency, boost their competitiveness and achieve new growth.   Introdu

Cultural body board chair reappointed

The Government announced that Chief Executive Carrie Lam has reappointed Henry Tang as Chairman of the Board of the West Kowloon Cultural District Authority.   His appointment is for another two years starting October 1 and the notice was gazetted today.   Mrs Lam said the West Kowloon Cultural District has seen remarkable progress in the past two years, establishing itself as a new cultural landmark in the city.   She pointed out that in addition to the Xiqu Centre, Freespace and the Art Park, two world-class museums, the M+ Museum and the Hong Kong Palace Museum, will open in the near future.   “I have every confidence that under Mr Tang’s capable leadership, the West Kowloon Cultural District will be playing a key part in Hong Kong’s development as a hub for arts and cultural exchanges between China and the rest of the world, a goal set out in the National 14th Five-Year Plan.”   The board is responsible for the planning, development, operation and maintenance of the West Kowloon Cultural District’s arts and cultural facilities and related facilities.
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