{"id":1313,"date":"2024-03-08T14:53:07","date_gmt":"2024-03-08T14:53:07","guid":{"rendered":"https:\/\/jmsc6110a.com\/2024\/?p=1313"},"modified":"2024-03-08T15:01:07","modified_gmt":"2024-03-08T15:01:07","slug":"what-to-see-in-hong-kong-2023-2024s-budget-speech","status":"publish","type":"post","link":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/","title":{"rendered":"What to see in Hong Kong 2023-2024\u2019s budget speech"},"content":{"rendered":"

The Hong Kong government uses multiple methods to stimulate the economy and we will mainly analyze the policies for citizens.<\/span><\/p>\n

In 2022, Hong Kong has been recovering from the pandemic. Although the prospect is positive, a large number of enterprises and residents are still weighed down by tremendous pressure due to external and internal economic environments and require support. Hence, this is still a deficit budget overall.<\/span><\/p>\n

It is clear that the main mission at this stage is still recovery and growth. In the whole budget document, the keywords \u201cdevelopment\u201d, \u201claunch\u201d, \u201cexpenditure\u201d, \u201cgrowth\u201d, \u201cenhance\u201d are the high frequency words \uff0cmeaning it is what is being put on a priority.<\/span><\/p>\n

\"\"<\/p>\n

Figure1:wordcloud<\/p>\n

The supporting policies and measures section is named \u201c speedy recovery\u201d , including \u201c1.Attracting Tourists and Enlivening The City’s Image\u201d, \u201c2.Happy Hong Kong\u201d, \u201c3.Electronic Consumption Vouchers\u201d, \u201c4.Supporting Enterprises\u201d, \u201c5.Supporting the General Public\u201d.<\/span><\/p>\n

Among them, the second,third and fifth sections are relevant to citizens, and we are going to focus on the Electronic Consumption Vouchers in this article.<\/span><\/p>\n

It was said that different amounts of Consumption Vouchers would be dispensed to the public according to different qualifications. We investigated whether the consumption vouchers are widely known and used by the public. By searching keywords \u201cConsumption Vouchers\u201d on Youtube, we can see the top 10 videos relevant to it and also the view counts of the videos.<\/span><\/p>\n

\"\"<\/p>\n

Figure 2: Table of top 10 consumer vouchers related videos<\/p>\n

\"\"<\/p>\n

Figure 3: Bar chart of top 10 consumer vouchers related videos<\/p>\n

From the collected data, the view counts of each video is not that much, ranging from hundreds to thousands. Among them the most viewed video is called \u201cbe careful about the purchases through e-consumption voucher scheme\u201d, which was published by\u00a0 South China Morning Post and it warned consumers to be careful when using the \u201cConsumption Vouchers\u201d. In the comment zone below, some complain about the difficulty and cumbersome when claiming Consumption Vouchers. In summary, Consumption Vouchers still needs to improve its dispensing channel and promote ways to let citizens learn about it comprehensively and use it practically.<\/span><\/p>\n

All in all, the confidence towards the future economy is enough for the Hong Kong government.<\/span><\/p>\n

\u00a0<\/span>\u201cConsidering all the above factors and taking into account the catch-up growth in the initial period arising from the continued return of economic activities from the epidemic to normalcy, I forecast that the Hong Kong economy will grow by an average of 3.7 per cent per annum in real terms from 2024 to 2027, higher than the trend growth of 2.8 percent during the decade before the epidemic.\u201dsaid Financial Secretary the Hon Paul MP Chan in the budget speech.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

References\uff1a<\/p>\n

    \n
  1. <\/span>https:\/\/www.budget.gov.hk\/2023\/eng\/pdf\/e_budget_speech_2023-24.pdf<\/u><\/a><\/span><\/li>\n<\/ol>\nTags: budget speech<\/a>, Hong Kong<\/a>
    ","protected":false},"excerpt":{"rendered":"

    The Hong Kong government uses multiple methods to stimulate the economy and we will mainly analyze the policies for citizens. In 2022, Hong Kong has been recovering from the pandemic. Although the prospect is positive, a large number of enterprises and residents are still weighed down by tremendous pressure due to external and internal economic […]<\/p>\n","protected":false},"author":8,"featured_media":1314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[43],"tags":[84,29],"class_list":["post-1313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-w4","tag-budget-speech","tag-hong-kong"],"yoast_head":"\nWhat to see in Hong Kong 2023-2024\u2019s budget speech - JMSC6118 Advanced Video and Multimedia Production<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What to see in Hong Kong 2023-2024\u2019s budget speech - JMSC6118 Advanced Video and Multimedia Production\" \/>\n<meta property=\"og:description\" content=\"The Hong Kong government uses multiple methods to stimulate the economy and we will mainly analyze the policies for citizens. In 2022, Hong Kong has been recovering from the pandemic. Although the prospect is positive, a large number of enterprises and residents are still weighed down by tremendous pressure due to external and internal economic […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/\" \/>\n<meta property=\"og:site_name\" content=\"JMSC6118 Advanced Video and Multimedia Production\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-08T14:53:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-08T15:01:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/jmsc6110a.com\/2024\/wp-content\/uploads\/2024\/03\/\u4e0b\u8f7d.png\" \/>\n\t<meta property=\"og:image:width\" content=\"389\" \/>\n\t<meta property=\"og:image:height\" content=\"389\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"u3624953\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"u3624953\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/\"},\"author\":{\"name\":\"u3624953\",\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/#\\\/schema\\\/person\\\/4d96fc3c80047ade94eec3ce9f7cabed\"},\"headline\":\"What to see in Hong Kong 2023-2024\u2019s budget speech\",\"datePublished\":\"2024-03-08T14:53:07+00:00\",\"dateModified\":\"2024-03-08T15:01:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/\"},\"wordCount\":453,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/\u4e0b\u8f7d.png\",\"keywords\":[\"budget speech\",\"Hong Kong\"],\"articleSection\":[\"w4\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/\",\"url\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/\",\"name\":\"What to see in Hong Kong 2023-2024\u2019s budget speech - JMSC6118 Advanced Video and Multimedia Production\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/\u4e0b\u8f7d.png\",\"datePublished\":\"2024-03-08T14:53:07+00:00\",\"dateModified\":\"2024-03-08T15:01:07+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/#\\\/schema\\\/person\\\/4d96fc3c80047ade94eec3ce9f7cabed\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/#primaryimage\",\"url\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/\u4e0b\u8f7d.png\",\"contentUrl\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/\u4e0b\u8f7d.png\",\"width\":389,\"height\":389},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/what-to-see-in-hong-kong-2023-2024s-budget-speech\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What to see in Hong Kong 2023-2024\u2019s budget speech\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/\",\"name\":\"JMSC6118 Advanced Video and Multimedia Production\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/#\\\/schema\\\/person\\\/4d96fc3c80047ade94eec3ce9f7cabed\",\"name\":\"u3624953\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d141795bc6ae84673f1985a430a18771ba4100f079174aae621005cacb9a1d7f?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d141795bc6ae84673f1985a430a18771ba4100f079174aae621005cacb9a1d7f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d141795bc6ae84673f1985a430a18771ba4100f079174aae621005cacb9a1d7f?s=96&d=mm&r=g\",\"caption\":\"u3624953\"},\"url\":\"https:\\\/\\\/jmsc6110a.com\\\/2024\\\/author\\\/u3624953\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What to see in Hong Kong 2023-2024\u2019s budget speech - JMSC6118 Advanced Video and Multimedia Production","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"What to see in Hong Kong 2023-2024\u2019s budget speech - JMSC6118 Advanced Video and Multimedia Production","og_description":"The Hong Kong government uses multiple methods to stimulate the economy and we will mainly analyze the policies for citizens. In 2022, Hong Kong has been recovering from the pandemic. Although the prospect is positive, a large number of enterprises and residents are still weighed down by tremendous pressure due to external and internal economic […]","og_url":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/","og_site_name":"JMSC6118 Advanced Video and Multimedia Production","article_published_time":"2024-03-08T14:53:07+00:00","article_modified_time":"2024-03-08T15:01:07+00:00","og_image":[{"width":389,"height":389,"url":"https:\/\/jmsc6110a.com\/2024\/wp-content\/uploads\/2024\/03\/\u4e0b\u8f7d.png","type":"image\/png"}],"author":"u3624953","twitter_card":"summary_large_image","twitter_misc":{"Written by":"u3624953","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/#article","isPartOf":{"@id":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/"},"author":{"name":"u3624953","@id":"https:\/\/jmsc6110a.com\/2024\/#\/schema\/person\/4d96fc3c80047ade94eec3ce9f7cabed"},"headline":"What to see in Hong Kong 2023-2024\u2019s budget speech","datePublished":"2024-03-08T14:53:07+00:00","dateModified":"2024-03-08T15:01:07+00:00","mainEntityOfPage":{"@id":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/"},"wordCount":453,"commentCount":0,"image":{"@id":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/#primaryimage"},"thumbnailUrl":"https:\/\/jmsc6110a.com\/2024\/wp-content\/uploads\/2024\/03\/\u4e0b\u8f7d.png","keywords":["budget speech","Hong Kong"],"articleSection":["w4"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/","url":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/","name":"What to see in Hong Kong 2023-2024\u2019s budget speech - JMSC6118 Advanced Video and Multimedia Production","isPartOf":{"@id":"https:\/\/jmsc6110a.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/#primaryimage"},"image":{"@id":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/#primaryimage"},"thumbnailUrl":"https:\/\/jmsc6110a.com\/2024\/wp-content\/uploads\/2024\/03\/\u4e0b\u8f7d.png","datePublished":"2024-03-08T14:53:07+00:00","dateModified":"2024-03-08T15:01:07+00:00","author":{"@id":"https:\/\/jmsc6110a.com\/2024\/#\/schema\/person\/4d96fc3c80047ade94eec3ce9f7cabed"},"breadcrumb":{"@id":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/#primaryimage","url":"https:\/\/jmsc6110a.com\/2024\/wp-content\/uploads\/2024\/03\/\u4e0b\u8f7d.png","contentUrl":"https:\/\/jmsc6110a.com\/2024\/wp-content\/uploads\/2024\/03\/\u4e0b\u8f7d.png","width":389,"height":389},{"@type":"BreadcrumbList","@id":"https:\/\/jmsc6110a.com\/2024\/what-to-see-in-hong-kong-2023-2024s-budget-speech\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/jmsc6110a.com\/2024\/"},{"@type":"ListItem","position":2,"name":"What to see in Hong Kong 2023-2024\u2019s budget speech"}]},{"@type":"WebSite","@id":"https:\/\/jmsc6110a.com\/2024\/#website","url":"https:\/\/jmsc6110a.com\/2024\/","name":"JMSC6118 Advanced Video and Multimedia Production","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/jmsc6110a.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/jmsc6110a.com\/2024\/#\/schema\/person\/4d96fc3c80047ade94eec3ce9f7cabed","name":"u3624953","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d141795bc6ae84673f1985a430a18771ba4100f079174aae621005cacb9a1d7f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d141795bc6ae84673f1985a430a18771ba4100f079174aae621005cacb9a1d7f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d141795bc6ae84673f1985a430a18771ba4100f079174aae621005cacb9a1d7f?s=96&d=mm&r=g","caption":"u3624953"},"url":"https:\/\/jmsc6110a.com\/2024\/author\/u3624953\/"}]}},"_links":{"self":[{"href":"https:\/\/jmsc6110a.com\/2024\/wp-json\/wp\/v2\/posts\/1313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jmsc6110a.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jmsc6110a.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jmsc6110a.com\/2024\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/jmsc6110a.com\/2024\/wp-json\/wp\/v2\/comments?post=1313"}],"version-history":[{"count":3,"href":"https:\/\/jmsc6110a.com\/2024\/wp-json\/wp\/v2\/posts\/1313\/revisions"}],"predecessor-version":[{"id":1319,"href":"https:\/\/jmsc6110a.com\/2024\/wp-json\/wp\/v2\/posts\/1313\/revisions\/1319"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jmsc6110a.com\/2024\/wp-json\/wp\/v2\/media\/1314"}],"wp:attachment":[{"href":"https:\/\/jmsc6110a.com\/2024\/wp-json\/wp\/v2\/media?parent=1313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jmsc6110a.com\/2024\/wp-json\/wp\/v2\/categories?post=1313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jmsc6110a.com\/2024\/wp-json\/wp\/v2\/tags?post=1313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}