Miss Alice Mak Represents Hong Kong at Yellow Emperor Ceremony in Zhengzhou

SHYA attends Ancestor Worship Ceremony of Yellow Emperor in Year of Yisi in Henan Province

The Secretary for Home and Youth Affairs, Miss Alice Mak, today (March 31) attended the Ancestor Worship Ceremony of the Yellow Emperor in the Year of Yisi in Zhengzhou in Henan Province on behalf of the Hong Kong Special Administrative Region Government.　

The Yellow Emperor is the cultural ancestor of the Chinese nation, while Zhengzhou is the Yellow Emperor's birthplace. The Ancestor Worship Ceremony of the Yellow Emperor, jointly organised by the People's Government of Henan Province, the Henan Provincial Committee of the Chinese People's Political Consultative Conference and the Taiwan Affairs Office of the State Council, among others, is a significant event held annually in Henan Province to promote traditional Chinese culture.

Miss Mak expressed deepest gratitude for being invited to attend the Ancestor Worship Ceremony of the Yellow Emperor. Miss Mak added that Zhengzhou is one of the eight great ancient capitals of China and one of the important origins of the Chinese civilisation with profound historical and cultural heritage. By attending the meaningful event, Hong Kong compatriots can enhance their sense of national identity.

During her visit to Zhengzhou, Miss Mak met with the Executive Deputy Director of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Zhou Ji; the Secretary of the CPC Henan Provincial Committee and Director of the Standing Committee of the Henan Provincial People's Congress, Mr Liu Ning; and the Deputy Secretary of the CPC Henan Provincial Committee, Governor of Henan Province and Secretary of Party Leadership Group, Mr Wang Kai.

Moreover, Miss Mak met with Hong Kong students studying in Zhengzhou to learn about their lives on the Mainland. She encouraged young people to grasp the opportunities to study and exchange on the Mainland to gain a deeper understanding of the development of the country and contribute to the country and Hong Kong.

Miss Mak will conclude her visit and return to Hong Kong this afternoon.

SHYA attends Ancestor Worship Ceremony of Yellow Emperor in Year of Yisi in Henan Province Source: HKSAR Government Press Releases

SHYA attends Ancestor Worship Ceremony of Yellow Emperor in Year of Yisi in Henan Province Source: HKSAR Government Press Releases

SHYA attends Ancestor Worship Ceremony of Yellow Emperor in Year of Yisi in Henan Province Source: HKSAR Government Press Releases

SHYA attends Ancestor Worship Ceremony of Yellow Emperor in Year of Yisi in Henan Province Source: HKSAR Government Press Releases

SHYA attends Ancestor Worship Ceremony of Yellow Emperor in Year of Yisi in Henan Province Source: HKSAR Government Press Releases

SHYA attends Ancestor Worship Ceremony of Yellow Emperor in Year of Yisi in Henan Province Source: HKSAR Government Press Releases

SHYA attends Ancestor Worship Ceremony of Yellow Emperor in Year of Yisi in Henan Province Source: HKSAR Government Press Releases

Government steps up support for enterprises in coping with US tariffs

The Commerce and Economic Development Bureau (CEDB) today (April 10) announced that in view of the reckless tariff imposition by the United States (US), including the further increase in the so-called reciprocal tariffs, the Hong Kong Export Credit Insurance Corporation (ECIC) will introduce a new round of enhanced measures to support the export trade in Hong Kong and help enterprises in expediting expansion into new markets.

The Secretary for Commerce and Economic Development (SCED), Mr Algernon Yau, said, "The US has been repeatedly changing its policies, increasing tariffs within days and imposing the so-called reciprocal tariffs against Hong Kong notwithstanding that we have never implemented any tariffs. It is totally illogical and ungrounded, once again showing the US's bullying act for suppressing its competitors. I call upon the business community to unite and face the challenges together with a view to jointly counteracting the unreasonable coercion of the US. Further to the Policy Address initiative on increasing the maximum indemnity percentage of the ECIC to 95 per cent, the three enhanced measures introduced by the ECIC will help accelerate Hong Kong enterprises' expansion into new and diversified markets."

To support Hong Kong enterprises (especially small and medium enterprises (SMEs)) in coping with the current challenges, the ECIC will, with immediate effect, introduce three enhanced measures, including (1) extend the free pre-shipment cover for holders of the Small Business Policy (SBP) which is tailor-made for the SMEs until June 30, 2026; (2) offer a 50 per cent discount on pre-shipment risks to cover premiums for non-SBP holders; and (3) reduce the premium rates for new markets to be in line with those for traditional major markets to reduce the costs and support exporters in tapping into the ASEAN market.

Since the US's announcement of the so-called reciprocal tariffs last week, the SCED has separately met with the representatives of major local chambers of commerce, SME associations, and representatives of industries that are more affected by the tariffs (including jewellery, textiles and garment, food and aluminium industries) to listen to their views and discuss measures in response to the incident. The CEDB will continue to maintain close liaison with the business community to jointly respond to the unreasonable coercion of the US and provide support to the SMEs through various funding schemes and support measures, including the SME Financing Guarantee Scheme and the Dedicated Fund on Branding, Upgrading and Domestic Sales, etc in managing cash flow, enhancing competitiveness and expanding into more diversified markets.

Government steps up support for enterprises in coping with US tariffs Source: HKSAR Government Press Releases

Government steps up support for enterprises in coping with US tariffs Source: HKSAR Government Press Releases

Government steps up support for enterprises in coping with US tariffs Source: HKSAR Government Press Releases

Government steps up support for enterprises in coping with US tariffs Source: HKSAR Government Press Releases