China News Service, April 11. According to Hong Kong's "Sing Tao Daily" report, a few days ago, a special meeting of the Finance Committee of the Legislative Council of the Hong Kong Special Administrative Region discussed the "Budget". The Secretary for Financial Services and the Treasury, Xu Zhengyu, said that Hong Kong's financial supervision system is mature. , the foreign exchange reserves are sufficient, even if affected by unstable factors such as the epidemic and geopolitics, the financial system is still resilient and stable, and there is no abnormality in the inflow and outflow of funds.
Xu Zhengyu also said that considering the impact of the fifth wave of the epidemic on small and medium-sized enterprises, he has proposed to extend and optimize the "100% Guaranteed Preferential Loan Program" in the "Fiscal Budget".
In addition, some members at the meeting were concerned about how Hong Kong could rebuild the confidence of overseas markets in Hong Kong and attract talents after the epidemic.
Xu Zhengyu said that under the epidemic, the SAR government promoted the Hong Kong market through channels, including holding online events to focus on overseas investors.
He also believes that Hong Kong's tax relief policy has advantages over neighboring regions, and the SAR government will also strengthen exchanges and promotion with the mainland.