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The View | How safe international meetings can help Hong Kong achieve an economic reset
- Hong Kong has managed the logistics of holding a major international art fair, book fair and industry conferences during the pandemic without seeing outbreaks
- Holding one or two premier events with visitors from low-risk locations will boost confidence and cement Hong Kong’s status as a hub for safe meetings
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Hong Kong has a small window of opportunity to position itself as a venue for safe regional and international gatherings in the post-pandemic world and gain a first-mover advantage over other Asian cities. Doing so will help Hong Kong solidify its reputation as a city open for business and facilitate economic and employment recovery in multiple sectors.
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Relaxation of border measures and preservation of public health have often been framed as a binary choice, but there is a need to strike a better balance. Universal mask-wearing and generally hygiene-conscious residents across all demographics have helped keep Hong Kong’s Covid-19 infections at bay.
Its infection and death rates have been among the lowest in the world for a sustained period of time. Vaccinations continue to be promoted through carrot-and-stick measures. Though the pandemic has largely stabilised locally, Hong Kong risks being stuck in a continuous stop-start, “wait and see” cycle that impedes a sustained economic recovery.
Prolonged travel restrictions and quarantine measures currently in place are meant to protect Hong Kong from imported Covid-19 cases, but they come at a heavy cost. They risk discouraging vaccinations locally and making it harder for Hong Kong to reopen later. They could create a perception that Hong Kong is turning inward and isolating itself, rather than remaining a city interested in and ready for international business.
Many regional and international meetings and conventions have been postponed, cancelled or moved to an online format because of pandemic measures that have inhibited international travel into Hong Kong.
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