Budget Reinforces Hong Kong’s Long-term Economic Development
InvestHK Bimonthly Newsletter: The regular InvestHK’s newsletter covers Hong Kong’s Financial Secretary John Tsang’s budget speech, as well as the expansion of the government fund Stratmeup HK to India.
Hong Kong’s Financial Secretary John Tsang expected GDP growth to range between one to three percent in 2015.The average rate of headline inflation for the year is estimated at 3.5 percent, and the underlying inflation at three percent.
Referring to the Budget, Simon Galpin, Director-General of Investment Promotion, said, “InvestHK will continue our efforts to nurture the startup ecosystem and play our role in boosting creative industries, enhancing business and professional services, and strengthening Hong Kong’s financial hub status.”
