Postal services to Slovakia return to normal

Source: Hong Kong Government special administrative region – 4

​Hongkong Post announced today (July 15) that, as advised by the postal administration of Slovakia, mail delivery services to areas with postcodes 93003, 93004, 93006, 93007 and 90068, previously impacted by local control measures after an outbreak of foot-and-mouth disease, have returned to normal.

Lands Department releases figures on registered lease modifications, land exchanges, private treaty grants and lot extensions in second quarter of 2025

Source: Hong Kong Government special administrative region – 4

The Lands Department (LandsD) announced today (July 15) that it registered 11 lease modifications and three land exchanges in the Land Registry during the quarter ending June 2025, of which five were modifications of a technical nature involving nil premium.

Among these 14 land transactions, two are located on Hong Kong Island, eight are in Kowloon and four are in the New Territories. The transactions exclude Small House cases.

There were no private treaty grants and lot extensions registered during the quarter.

The above land transactions realised a total land premium of about $102.652 million.

Transaction records of the lease modifications, land exchanges, private treaty grants and lot extensions, including those registered recently, are uploaded to the LandsD website (www.landsd.gov.hk/en/land-disposal-transaction/land-transaction.html) on a monthly basis. Details of the transactions may be obtained by searching the registered documents in the Land Registry.

HKTE hosts online and offline career fairs to attract global talent dovetailing Hong Kong’s I&T development (with photos)

Source: Hong Kong Government special administrative region – 4

     A spokesman for Hong Kong Talent Engage (HKTE) said today (July 15) that to support Hong Kong’s development as an international innovation and technology (I&T) hub, HKTE had organised three online and offline career fairs during the past three weeks to proactively attract global I&T talent to pursue development in Hong Kong, with a view to contributing to building Hong Kong into an international hub for high-calibre talent.

     HKTE held a online career fair last Thursday and Friday (July 10 and 11), featuring 47 renowned enterprises and organisations, to offer nearly 2 000 quality job vacancies across sectors such as data centre operations, cyber security and business analysis.

     The online career fair recorded nearly 33 000 visits, featuring job-seeking talent mainly from 14 countries or regions, including the Mainland, Singapore, Malaysia, the United Kingdom, Australia, the United States, Canada, Germany, France and Switzerland, with over 3 000 curricula vitae received. To facilitate connections between job-seeking talent and employers, a one-to-one online meeting session was set up specifically at the career fair, resulting in nearly 5 000 direct dialogues.

     A spokesman for the Hong Kong Cyberport Management Company Limited, one of the participating organisations, commented that the career fair facilitated effective interactions between global professionals in artificial intelligence, fintech and smart city technologies as well as digital innovation with Hong Kong employers. Nearly 90 per cent of participating enterprises and organisations expressed satisfaction with the event arrangements and indicated interest in joining future recruitment events organised by HKTE.

     In addition, HKTE co-organised physical job fairs with working partners two weeks ago, including the second edition of the Hong Kong International Talents Career Expo 2025 and the NovaX Global Investmatch Carnival 2025, to connect I&T talent and entrepreneurs with employers and investors, facilitating the settlement of talent in Hong Kong.

     The spokesman for HKTE added that talent is critical to the promotion of I&T development. HKTE will continue organising diverse activities to assist Hong Kong in attracting international I&T talent, including an online career fair targeting European and American markets in the second half of the year, thereby providing solid talent support for the development of the “eight centres” strategic positioning.

     

LegCo Secretariat releases Policy Pulse on “Strategies and edges of Hong Kong in hydrogen development”

Source: Hong Kong Government special administrative region – 4

The following is issued on behalf of the Legislative Council Secretariat:

     The Legislative Council (LegCo) Secretariat today (July 15) released the latest issue of the Policy Pulse on “Strategies and edges of Hong Kong in hydrogen development”. This issue provides a brief overview of hydrogen energy development strategies in Hong Kong, the edges of promoting the hydrogen energy industry, the latest progress of improving relevant legislation by the Government, as well as relevant discussions of LegCo along with suggestions by Members.

     LegCo will resume the Second Reading debate on the Gas Safety (Amendment) Bill 2025 tomorrow (July 16). The Bill seeks to regulate the use of hydrogen as fuel to ensure the safe application of hydrogen fuel. It also empowers the Government to introduce new subsidiary legislation to ensure the flexibility of updating the regulatory requirements. The Government intends to introduce subsidiary legislation in 2026 to cover the entire supply chain of hydrogen as fuel. 

     The Policy Pulse highlights that the Hong Kong Special Administrative Region (SAR) Government actively promotes the development of hydrogen energy, and promulgated the Strategy of Hydrogen Development in Hong Kong last year. Setting out four major strategies of improving legislation, establishing standards, aligning with the market and advancing with prudence, the Strategy aims to create an environment conducive to the development of hydrogen energy in Hong Kong in an orderly manner, so as to make preparations for the wider application of hydrogen energy in the future.

     With a “zero carbon emissions” feature, hydrogen is a new energy with significant decarbonisation potential. Our country is the largest hydrogen producer in the world, and strives to achieve the “dual carbon” goals of peaking carbon emissions before 2030 and achieving carbon neutrality before 2060. The SAR Government also targets to cut carbon emissions by half from the 2005 level before 2035 and achieve carbon neutrality before 2050. The Policy Pulse points out that, with its unique advantage of enjoying strong support of the motherland and being closely connected to the world, as well as the strengths in scientific research, robust legislation and energy infrastructure, Hong Kong has very great potential to become a demonstration base for the development of hydrogen energy in the country, and facilitate the development of the hydrogen energy industry in the Belt and Road region and other overseas places. In addition, as an international financial centre, Hong Kong can help enterprises with their green transformation by providing green financing and professional services.

     The Policy Pulse also introduces a number of measures by the SAR Government to support research and innovation in the hydrogen energy technology. These include setting up the Inter-departmental Working Group on Using Hydrogen as Fuel to co-ordinate the efforts in promoting the local use of hydrogen energy and initiate relevant trial projects. Meanwhile, the Government has launched several funding schemes that cover the research and development of hydrogen energy technology, and actively promotes talent training, technological exchange and application in relevant scientific and technological fields, so as to cultivate professionals with the specialised knowledge and skills to ensure the safe application of hydrogen energy technology.

     LegCo Members have long attached great importance to the development of hydrogen energy in Hong Kong. In March 2023, LegCo passed a motion advocating the SAR Government to comprehensively promote the development of hydrogen energy industry in Hong Kong. The LegCo Panel on Environmental Affairs also visited hydrogen projects during its duty visit to Mainland cities in the Guangdong-Hong Kong-Macao Greater Bay Area (the Greater Bay Area) in August of the same year, and has been following up on issues related to hydrogen energy. The Policy Pulse summarises various recommendations made by Members on hydrogen energy development. These include capitalising on the strengths of Hong Kong’s financial services industry to attract capital investment in the city’s hydrogen energy industry and reserve land for development. Furthermore, the Government should take the lead in developing green industries and make use of new development areas as a springboard to bring in quality hydrogen energy industries; formulate relevant policies on hydrogen energy pricing to stimulate demand for hydrogen energy; promote carbon index certification to include hydrogen energy into Hong Kong’s carbon emissions trading market; and actively research and develop local hydrogen production technology, among others.

     The Policy Pulse points out that hydrogen energy is an integral component of the country’s future energy system. Members urge the Government to collaborate with other cities in the Greater Bay Area on the joint research, development and promotion of hydrogen energy development projects to facilitate exchanges and co-operation between the two places across the hydrogen energy industrial chain, with a view to promoting the alignment of the safety monitoring and quality testing standards between Hong Kong and the Mainland. Members also advise the Government to speed up the development of a set of internationally recognised hydrogen energy certification standards, so as to assist the Greater Bay Area and even the entire hydrogen industry in the country to enter the international market.

     The detailed content of “Strategies and edges of Hong Kong in hydrogen development” is available on the LegCo Website. The Policy Pulse, published by the Council Business Divisions of the LegCo Secretariat, covers specific topics and offers a comprehensive overview of related policy developments and summarised discussions in LegCo.

11 lease modifications recorded in Q2

Source: Hong Kong Information Services

The Lands Department announced today that it registered 11 lease modifications and three land exchanges in the Land Registry during the quarter ending June 2025, and that five were technical changes involving no premium.

Of the land transactions, two are located on Hong Kong Island, eight are in Kowloon and four are in the New Territories.

There were no private treaty grants and lot extensions registered during the quarter.

The land transactions realised a total land premium of about $102.652 million.

Hospital Road land grant approved

Source: Hong Kong Information Services

The Government announced today that the Chief Executive-in-Council approved granting a piece of government land together with the existing historical buildings at No. 4 Hospital Road to the GX Foundation for office use by private treaty at a nominal premium of $1,000.

The site has an area of about 1,046.8 sq m. Constructed in 1921, the existing buildings, with Grade 2 historic building status, include mainly a five-storey main building and a single-storey annex building.

The GX Foundation is an international humanitarian assistance organisation in Hong Kong, which aims to provide international medical and public health humanitarian assistance to Belt & Road countries. It also actively promotes international exchanges and co-operation, and provides internship opportunities for young people in humanitarian work.

The Government remarked that the land grant will help the foundation meet its operational needs and demand for further expansion.

It added that the land grant will not give rise to greater development intensity.

Apart from internal fitting-out and repair of the existing buildings and structures, no other works will be carried out by the foundation. Furthermore, the foundation is required to submit a conservation management plan to the Antiquities & Monuments Office for approval before commencing any works in the existing historical buildings.

Volume and price statistics of external merchandise trade in May 2025

Source: Hong Kong Government special administrative region

Volume and price statistics of external merchandise trade in May 2025 
In May 2025, the volume of Hong Kong’s total exports of goods and imports of goods increased by 13.4% and 16.5% respectively over May 2024.
 
Comparing the first five months of 2025 with the same period in 2024, the volume of Hong Kong’s total exports of goods and imports of goods both increased by 10.4%.
 
Comparing the three-month period ending May 2025 with the preceding three months on a seasonally adjusted basis, the volume of total exports of goods and imports of goods increased by 9.7% and 11.3% respectively.
 
Changes in volume of external merchandise trade are derived from changes in external merchandise trade value with the effect of price changes discounted.
 
Comparing May 2025 with May 2024, the prices of total exports of goods and imports of goods increased by 1.8% and 1.9% respectively.
 
As regards price changes in the first five months of 2025 over the same period in 2024, the prices of total exports of goods and imports of goods increased by 1.9% and 2.0% respectively.
 
Price changes in external merchandise trade are reflected by changes in unit value indices of external merchandise trade, which are compiled based on average unit values or, for certain commodities, specific price data.
 
The terms of trade index is derived from the ratio of price index of total exports of goods to that of imports of goods.  Compared with the same periods in 2024, the index decreased by 0.1% in May 2025, whereas it remained virtually unchanged in the first five months of 2025.
 
Changes in the unit value and volume of total exports of goods by main destination are shown in Table 1.
 
Comparing May 2025 with May 2024, increases were recorded for the total export volume to Taiwan (48.0%), Vietnam (39.5%), India (37.6%) and the mainland of China (the Mainland) (15.9%). On the other hand, the total export volume to the USA decreased by 20.7%.
 
Over the same period of comparison, the total export prices to Taiwan (5.5%), the USA (1.9%), the Mainland (1.4%) and Vietnam (1.2%) increased. On the other hand, the total export prices to India decreased by 2.2%.
 
Changes in the unit value and volume of imports of goods by main supplier are shown in Table 2.
 
Comparing May 2025 with May 2024, increases were recorded for the import volume from Vietnam (70.1%), Taiwan (29.6%), the Mainland (17.1%) and Singapore (12.3%). On the other hand, the import volume from Korea decreased by 10.5%.
 
Over the same period of comparison, the import prices from Korea (4.5%), Singapore (2.3%), Taiwan (2.3%) and the Mainland (1.2%) increased. On the other hand, the import prices from Vietnam decreased by 0.3%.
 
Further information
 
Details of the above statistics are published in the May 2025 issue of “Hong Kong Merchandise Trade Index Numbers”.  Users can browse and download the report at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1020006&scode=230 
Enquiries on merchandise trade indices may be directed to the Trade Analysis Section of the C&SD (Tel: 2582 4918).
Issued at HKT 16:30

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July 2025 issue of “Hong Kong Monthly Digest of Statistics” now available

Source: Hong Kong Government special administrative region

July 2025 issue of “Hong Kong Monthly Digest of Statistics” now available 
     Apart from providing up-to-date statistics, this issue also contains two feature articles entitled “Foreign Affiliates Statistics of Hong Kong” and “The Asset Management Industry in Hong Kong”.
 
“Foreign Affiliates Statistics of Hong Kong”
 
     With globalisation of the world economy, it is popular for multinational enterprises to provide services to customers in another economy through setting up affiliated companies abroad.
 
     In view of the importance of services supplied via this mode, the C&SD has developed a statistical framework for compiling relevant statistics, known as “foreign affiliates statistics (FATS)”. This feature article briefly describes the statistical system for compiling inward FATS, and presents principal inward FATS of Hong Kong for 2023. It is an update of similar articles on the same subject published in preceding years.
 
     For enquiries about this feature article, please contact the Trade in Services Statistics Section of the C&SD (Tel: 3903 7410; email: tis@censtatd.gov.hk 
“The Asset Management Industry in Hong Kong”
 
     Hong Kong is one of the most vibrant international financial centres in the world and has strength in managing investments in the Asia Pacific region. The asset management industry has a stable development in Hong Kong in recent years. This feature article presents the operating characteristics and economic contribution of this industry between 2019 and 2023. It also briefly highlights the recent quarterly business performance of this industry.
 
     For enquiries about this feature article, please contact the Business Services Statistics Section of the C&SD (Tel: 3903 7266; email:
business-services@censtatd.gov.hk 
     Published in bilingual form, the HKMDS is a compact volume of official statistics containing about 130 tables. It collects up-to-date statistical series on various aspects of the social and economic situation of Hong Kong. Topics include population; labour; external trade; National Income and Balance of Payments; prices; business performance; energy; housing and property; government accounts, finance and insurance; and transport, communications and tourism. For selected key statistical items, over 20 charts depicting the annual trend in the past decade and quarterly or monthly trend in the recent two years are also available. Users can download the Digest at the website of the C&SD (
www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1010002&scode=460 
     Enquiries about the contents of the Digest can be directed to the Statistical Information Dissemination Section (1) of the C&SD (Tel: 2582 4738; email:
gen-enquiry@censtatd.gov.hkIssued at HKT 16:30

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Taiwan FDI Statistics Summary Analysis (Jun 2025)

Source: Republic of China Taiwan

According to the statistics, 1,016 foreign direct investment (FDI) projects with a total amount of US$7,365,871,000 were approved from January to June 2025. This indicates a decrease of 4.15% in the number of cases, but an increase of 126.46% in FDI amount compared to the same period of 2024.

With regard to inward investment from Mainland China, 11 cases were approved with an amount of US$100,744,000 from January to June 2025. This indicates a decrease of 45% in the number of cases, but an increase of 515.56% in the FDI amount compared to the same period of 2024.

In terms of Taiwan’s outbound investment (excluding Mainland China), 414 projects were registered from January to June 2025 with a total amount of US$18,311,147,000, indicating an increase of 20.35% in the number of cases, but an decrease of 24.29% in the amount, as compared to the same period of 2024.

As for Taiwan’s outward investment to Mainland China, 101 applications have been approved from January to June 2025, indicating a decrease of 42.61% compared to the same period of 2024. The approved investment amount is US$574,447,000, 62.86% less than the same period in 2024.