HKTDC welcomes 2023 Policy Address: Annual address outlines comprehensive blueprint for Hong Kong’s future development

The Policy Address presents a comprehensive set of measures encompassing various areas, such as the economy and trade, people’s livelihood and youth development.It addresses the challenges and opportunities facing Hong Kong, with the aim to reinforce its competitive advantages, integrate into national development and serve as an international hub connecting global markets as well as promote economic growth, paving the way for the city’s sustainable development.

The Policy Address states the Government will leverage Hong Kong’s advantages in professional services to develop the city into a regional intellectual property trading centre.The HKTDC fully supports measures to promote IP developments in Hong Kong, such as the latest amendments to the Copyright Ordinance and implementation of the patent box tax incentives.

The HKTDC supports the Government’s push for the continuous development of small and medium-sized enterprises and welcomes the launch of E-commerce Easy under the Dedicated Fund on Branding, Upgrading and Domestic Sales, which will enable SMEs to implement e-commerce projects. Expanding C&E facilities and raising C&E space play a pivotal role in reinforcing Hong Kong’s role as an international C&E as well as trade hub.

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