China News Agency, Hong Kong, June 21 (Reporter Zeng Ping) The Hong Kong Special Administrative Region Government will issue 10,000 Hong Kong dollars in cash to permanent residents aged 18 or above to start accepting registration on the 21st. Chen Maobo, the Financial Secretary of the Hong Kong Special Administrative Region Government, said that the registration process was generally smooth and thanked 21 participating banks, Hongkong Post and other overtime to handle registration.

  To alleviate the economic pressure on the people of Hong Kong and encourage and drive local consumption, Chen Maobo announced the cash distribution measures when he released the Budget in February this year, involving a total of about 71 billion Hong Kong dollars.

  A reporter from China News Agency met at a branch of BOCHK Tseung Kwan O at noon on the 21st. Citizens came to inquire about registration matters, and staff wearing cash payment plan labels issued forms to the citizens and instructed them to fill out the forms. Some staff said that they would suggest to the public to use the Internet registration, and most of the citizens who filled out the form on the spot were elderly people.

  Chen Wen, general manager of BOCHK’s Personal Finance and Wealth Management Department, stated that BOC Hong Kong will open 169 branches across the region on the first day of registration and deploy more than 1,000 personnel and service ambassadors to branches to provide assistance and assistance to the first batch of registered elders and customers. Answering inquiries, the process is smooth and the order is good. As of 1pm, over 80% of customers registered with BOCHK handled through electronic channels.

  Chen Maobo predicts that the 21st will be the first registration peak period. The citizens who registered in June will receive the payment from July 8 onwards. I believe most of the citizens will receive the payment before the end of August. He said on social networks that as of 11 a.m., more than 750,000 people have been electronically registered. Thanks to the 21 participating banks, Hongkong Post and other overtime workers for their assistance in the processing. The registration process is generally smooth, and I hope that the public will be happy after spending the money. (Finish)