Hong Kong February retail sales rise 1.9% as tourism extends recovery

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HONG KONG: Hong Kong's retail sales rose for the 15th straight month in February boosted by continuing growth in tourism and consumption, official data showed on Wednesday (Apr 3). Sales in February rose 1.9 per cent from a year earlier to HK$33.8 billion (US$4.32 billion), the Hong Kong government said.

Mainland Chinese travellers on low-cost tours walk to a tourist bus after lunch at To Kwa Wan in Hong Kong, China March 30, 2023. REUTERS/Tyrone Siu/File PhotoHONG KONG: Hong Kong's retail sales rose for the 15th straight month in February boosted by continuing growth in tourism and consumption, official data showed on Wednesday .

The government's initiatives in boosting consumption sentiment should also provide support, the spokesman added. The government plans to roll out support measures of more than HK$1 billion for the beleaguered tourism industry, staging more than 80"mega-events" such as fireworks and drone shows in the year's first half to lure visitors.

The number of mainland Chinese visitors rose to 3.25 million in February from January's 2.98 million, December's 2.94 million and 1.11 million in February 2023.

 

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