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Hong Kong launches tourism blueprint set to boost economy by HK$120 billion

Blueprint will set the scene for the industry’s development for the next five years, government minister says

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Tourists take photos with two giant inflatable giant pandas. Photo: Jelly Tse

Hong Kong has rolled out a much-awaited tourism blueprint that highlights themes such as pandas, horse racing, mega-events and smart initiatives among updated strategies aimed at boosting the economy by HK$120 billion (US$15.5 billion) and employing 210,000 people in five years.

The document released on Monday lays out four development strategies, 16 implementation directions, 59 action plans and 133 measures to reinforce Hong Kong’s role as a hub for international and multi-destination tourism and as a city where East meets West.

Upon implementation, the tourism industry could generate HK$120 billion in economic value, the blueprint said, noting the sector accounted for 5 per cent of Hong Kong’s gross domestic product in 2018 and 2.6 per cent last year.

It said employment in the sector was expected to rise to about 210,000 in five years from 145,600 in 2023, a 44 per cent increase.

“Tourism was paralysed during the pandemic. Following the pandemic, tourists’ travel patterns have changed and we have to reform the industry,” Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui said on Monday.

“The blueprint will set the scene for the industry’s development for the next five years.”

Horse racing season. Photo: Sam Tsang
Horse racing season. Photo: Sam Tsang
An award-winning journalist, Denise has spent more than 20 years in the industry and specialises in macro-economic and political-economic news in Hong Kong. As well as being a team leader, writer and forum moderator, Denise is a coach and mentor of young reporters. She was awarded Professional Journalism Fellow by the Hong Kong Baptist University.
Oscar Liu
Oscar joined the South China Morning Post in 2022. He started his career as a TV news anchor/reporter trainee and has worked for different news outlets including ATV, Ming Pao and Apple Daily.
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