How Can Hong Kong's Government Revitalize the Economy?

The video discusses the economic challenges faced by Hong Kong due to the COVID-19 pandemic, emphasizing the need for government measures to support cash flow for enterprises. It explores tax incentives to attract foreign investment, particularly in the financial and high-tech industries. The video also highlights the importance of enhancing Hong Kong's competitiveness as a regional headquarters compared to Singapore.

What is one of the key measures suggested to help enterprises in Hong Kong during the coronavirus outbreak?

• Encouraging remote work

• Providing interest-free loans

• Reducing employee salaries

• Increasing import taxes

Why is it important for Hong Kong to offer tax incentives?

• To reduce government spending

• To prevent capital flight to other regions

• To increase local employment

• To support local tourism

Which industry currently benefits from super tax deductions in Hong Kong?

• Tourism

• Retail

• High-tech industry

• Agriculture

What is a suggested method to support R&D centers in their initial years?

• Increasing import duties

• Providing refundable tax credits

• Reducing employee benefits

• Offering free office space

What advantage does Hong Kong have over Singapore for multinational companies?

• More relaxed business regulations

• Lower cost of living

• Better weather conditions

• Geographical advantage for Northern Asia operations