Blog

Last week, I attended the 58th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) in Milan, Italy. There, I exchanged views with fellow representatives from other economies on advancing the global governance system and creating a prosperous future together. I also shared Hong Kong's economic situation and future key development directions, while promoting Hong Kong's new opportunities to the international community.

During the Labour Day Golden Week, the number of visitor arrivals in Hong Kong has further increased. In the first two days of the Golden Week (1 and 2 May), a total of nearly 570 000 visitor arrivals entered Hong Kong, with almost 490 000 coming from the Mainland, marking a significant 31% increase compared to the same period last year. On 2 May alone, there were 267 000 Mainland visitor arrivals, setting a new record for daily arrivals since the pandemic.

With May just around the corner, the Labour Day holiday is the first event on the horizon. In the Mainland, this marks a five-day Golden Week holiday, during which many will take the opportunity to travel, with Hong Kong being one of the popular destinations. We anticipate that Hong Kong will welcome approximately 840 000 Mainland visitors during this Golden Week, reflecting an increase of about 10% compared to the daily average visitor arrivals during last year’s Labour Day holiday, and a rise of 13% compared to this year’s Chinese New Year.