The Hong Kong Special Administrative Region Government announced on June 18 that a total of HK $36 billion of e-coupons, or HK $5,000 per person, will be issued to about 7.20 million eligible permanent residents as soon as August as a measure to revitalize the economy. The registration period of the e-coupon scheme is from July 4 to August 14. Citizens who complete e-registration in the first two weeks can receive the first issue of HK $2,000 coupons on August 1.

He said that the launch of the e-voucher scheme and the superimposed concessions offered by the operators of stored value facilities will make consumers more willing to take a step forward and use e-wallets more. As far as e-payment services are concerned, more competition is expected to gradually reduce the service fees paid by consumers and merchants. More importantly, as consumers and merchants use e-payment and online sales more widely, it will enhance transaction efficiency and reduce transaction costs at the retail level, while creating more effective information interconnection and cross-industry service matching.

He said he was determined to promote the digital transformation of Hong Kong's economy, encourage more enterprises to use technology to improve their operational efficiency and expand their business, and hope that this success formula can be applied in all aspects. Chan Maobo said that he is confident that with the solid support of the state, Hong Kong, which has strengthened the principle of "patriot rule Hong Kong" in the system, will continue to prosper and develop, and young people will have a broader career development stage.