Hong Kong 2021/2022 Budget – Market Highlights
On 24 February 2021, Financial Secretary, Mr Paul Chan Mo-po, GBM, GBS, MH, JP, delivered the Hong Kong Government’s 2021/2022 Budget Plan to the Legislative Council.
The Financial Secretary emphasised the value of the financial services industry to Hong Kong’s economy, with financial services accounting for 21 percent of GDP in 2019 and its overall share of employment increasing from 6.8 percent in 2018 to 7.1 percent in 2019. Accordingly, the Financial Secretary announced a number of measures to continue to support Hong Kong as an international finance centre and enhance its competitiveness.