Hong Kong Forecasts 2021 GDP Growth of 3.5% to 5.5%

The video discusses Hong Kong's economic challenges due to the pandemic and social unrest, highlighting a 6.1% economic contraction and high unemployment. The budget includes tax breaks and consumption vouchers to stimulate the economy. The financial secretary forecasts 3.5% to 5.5% growth for 2021. Long-term strategies focus on infrastructure and integration with southern China's economies. Vaccination rollout and easing restrictions aim to support recovery, with optimism for growth in the latter half of 2021.

What are some of the long-term issues discussed in the budget speech?

What is the significance of the vaccination rollout mentioned in the context of economic recovery?