Hong Kong Finance Secretary Paul Chan said the government will continue to promote high-profile events and upgrade supporting infrastructure to expand high-value tourism and the MICE (meetings, incentives, conferences and exhibitions) sector. He cited Q3 GDP up 5.2% YoY and first nine months up 5.1% YoY, the fastest pace in five years; October visitor arrivals +11.8% YoY; September retail sales value +6.4% YoY; and Q3 food and beverage receipts +3.1% YoY. Chan said AsiaWorld-Expo Phase II is exp

Hong Kong Finance Secretary Paul Chan said the government will continue to promote high-profile events and upgrade supporting infrastructure to expand high-value tourism and the MICE (meetings, incentives, conferences and exhibitions) sector. He cited Q3 GDP up 5.2% YoY and first nine months up 5.1% YoY, the fastest pace in five years; October visitor arrivals +11.8% YoY; September retail sales value +6.4% YoY; and Q3 food and beverage receipts +3.1% YoY. Chan said AsiaWorld-Expo Phase II is expected to be completed in 2028, adding a roughly 20,000-seat multi-purpose arena, and the Wan Chai North redevelopment is progressing at pace. Once both projects finish, Hong Kong’s large-scale convention and exhibition capacity will rise by more than 40%. The Hong Kong Tourism Board will work with industry and partners to design bespoke experiences and services for higher-spending visitors.