, Hong Kong
Photo by Manson Yim from Unsplash

BUDGET 2023: HK faces ‘new stage’ toward economic growth

Secretary Chan added that the city’s financial system displayed resilience.

Finance Secretary Paul Chan envisioned continued development and recovery for Hong Kong’s economy.

In his speech during the delivery of the 2023 Budget, he said that with a clear direction ahead, the city is in a “new stage” of its journey toward pursuing economic growth. He also added that it is moving towards high-quality development and enhancing the quality of life of its people.

Secretary Chen also said that Hong Kong’s financial system displayed resilience amid a severe and ever-changing external environment.


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