The Hong Kong Special Administrative Region government budget for the 2022 / 2023 fiscal year was released on the 23rd. Although Hong Kong's economy is currently affected by the epidemic, the relevant data in the budget still show the resilience of Hong Kong's economy and optimistic prospects in the medium term. The budget for the new financial year was released at a time of serious epidemic in Hong Kong, and the measures related to anti epidemic in the budget attracted much attention. According to the budget, the HKSAR government will again distribute e-coupons to eligible Hong Kong residents and increase them to HK $10000 per person, which will be distributed in two phases. The first phase will be distributed as soon as April. In terms of supporting small and medium-sized enterprises, the enterprise profits tax with a ceiling of 10000 yuan will be reduced and exempted, and about 151000 enterprises in Hong Kong will benefit. The budget shows that the SAR government will introduce more than HK $170 billion of counter cyclical measures to help the community tide over difficulties. Chen maobo, financial secretary of the HKSAR government, said that he would allocate all available resources and take all necessary measures to fight the epidemic. The resources prepared in the budget alone have exceeded HK $54 billion. He said that the SAR government is full of confidence. The money is ready for the construction of anti epidemic facilities, the purchase of drugs and supplies. In order to overcome the epidemic, we will give full support in terms of resources. Yang Yuchuan, a visiting professor at the Hong Kong Institute of financial management, believes that the budget has been carefully considered. From the distribution of consumer vouchers, the reduction of various fees, to the guarantee of personal preferential loans, it basically covers all aspects of people's life and benefits the interests of people at all levels. Although the epidemic continues, Hong Kong's economy has shown strong resilience under the impact of the epidemic. The new budget for the financial year has revealed Hong Kong's solid "family background", and people have seen Hong Kong's solid economic foundation. Although the SAR Government recorded a comprehensive deficit from 2019 / 2020 to 2020 / 2021, with the effectiveness of various measures, it is expected to have a surplus of HK $18.9 billion in 2021 / 2022. The SAR government estimates that the fiscal reserves will reach HK $946.7 billion by March 31, 2022. Chen maobo believes that Hong Kong's economy is very resilient. After the epidemic in Hong Kong was controlled last year, the whole consumer market has improved since June and July of that year, and the amount of private investment has also increased. "The epidemic has hit Hong Kong for a while, but Hong Kong has a solid economic foundation and relatively stable fiscal revenue. In addition, as an international financial center and international trade center, Hong Kong has attracted investors from all over the world, including the mainland, to invest in Hong Kong. I believe that Hong Kong's economy will bear better in the future." Liang Haiming, a Hong Kong economist and President of the Silk Road wisdom Valley Research Institute, said. Based on this, when releasing the budget, Chen maobo said that in the medium term, Hong Kong's economic outlook is positive. In the new budget, the SAR government predicts that the Hong Kong economy will grow by an average of 3% per year in real terms from 2023 to 2026, slightly higher than the average growth rate of 2.8% in the decade before the epidemic. Chen maobo believes that the sustained and steady progress of the national economy towards high-quality development is the biggest driving force to promote global economic growth and the most solid foundation to support the prosperity and development of Hong Kong. "This budget is highly targeted, with strong support and a wide range of coverage. This will enable the affected industries and citizens to bid farewell to the 'cold winter' and move towards spring." Liang Haiming said. (Xinhua News Agency)