Summary

Hong Kong’s economy is expected to grow by 2.5% to 3.5% this year, leading to a budget surplus of HK$2.9 billion. The government plans to invest HK$20 billion in two development zones focused on technological industries and research and development. This investment is part of a broader effort to diversify revenue and integrate with mainland China’s 15th Five-Year Plan.

https://www.businesstimes.com.sg/international/buoyant-economy-set-turn-around-hong-kongs-fiscal-deficit-budget-shows