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BUSINESS GOVirtual Expo & Conference 2022

BUSINESS GOVirtual Expo & Conference (BUSINESS GOVirtual), the Hong Kong's first physical B2B "Tech x Business" event in the post-pandemic period, gathers leading IT companies and solutions providers under one roof to demonstrate their latest technologies. It is also the platform where showcases the key technological advancements for social and business engagement in the new digital era. The development of the Greater Bay Area is accorded the status of critical strategic planning in the Chinese government's blueprint, with great significance in China's initiative on innovation-driven development. Strategically held in Hong Kong, the international innovation and technology hub, BUSINESS GOVirtual serves as a communication platform for tech companies to exchange ideas, collaborate and foster partnerships. On top of the physical event, the brand new "GOVirtual OMNI," an online platform for the Expo and Conference, welcomes regional exhibitors and visito

Oct inflation up 1.7%

Overall consumer prices rose 1.7% in October year-on-year, larger than the 1.4% growth in September, the Census & Statistics Department announced today.   Netting out the effects of the Government’s one-off relief measures, October’s underlying inflation rate went up 1.1% compared to a year earlier, marginally larger than the 1% recorded in September.   Compared with October last year, price increases were seen in electricity, gas and water, clothing and footwear, transport, meals out and takeaway food, durable goods, basic food, miscellaneous services and alcoholic drinks and tobacco.   On the other hand, year-on-year decreases in miscellaneous goods and housing were recorded.   The Government noted that the prices of energy-related items and certain individual items in such major consumer price index components as clothing and footwear and transport saw more visible year-on-year increases.   Price pressures on many other major components remained modest.    Looking ahead, while inflation pressure may go up somewhat in the near term, alongside a faster increase in import prices and the economic recovery, the underlying inflation should remain largely in check as domestic cost pressures are still tame, it added.
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