and some recent Mong District shops rent has been gradually reduced

China News Agency, Hongkong 5 June, taking into account the passenger carrying capacity of Hongkong, the Hongkong SAR government said, positive regulation of mainland freedom ride passenger numbers, but want to objectively analyze the economic costs caused by regulation and control measures. Industry insiders said, if cut free, Hongkong retail and employment market will blow.

the Hongkong SAR Government Secretary for commerce and Economic Development Bureau Su Jinliang expresses 5 days, the Hongkong SAR government, are cheap jerseys studying the regulation of mainland freedom ride passenger number measures. Hongkong is an open city of tourism, the tourism industry position, bring economic benefits for Hongkong all walks of life to create, contribution is sure.

, he points out, 2013 mainland visitors reached 40750000 people, about 42% to 58% overnight visitors, not overnight visitors, their per capita domestic consumption, respectively 8937 yuan (HK $, the Cheap baseball Jerseys same below) and 2721 yuan.

Su Jinliang said, if the number of mainland tourists to reduce at the same time, and from other parts of the number of passengers failed to timely replacement, have a negative impact on all aspects of business will be even overall economic and employment, but also make Hongkong economy lost an important engine of growth. Therefore, the community must consider the effect of control measures to bring, and the need for economic cost.

on the other hand, the government will strive for the Legislative Council and District Council as soon as possible to increase the support, tourism facilities, including shopping, hotel and catering facilities, to relieve overcrowding some shopping area.

according to the Legislative Council of the Hongkong SAR free research report, free for mainland visitors and non free for passengers last year consumption accounting for the whole Hongkong retail amounted Cheap soccer jerseys to 22.2% and 12%, creating 114000 jobs.

Hongkong real estate agency Midland IC chief executive Huang Hancheng said, if the mainland free for passengers by 20%, Hongkong's retail sales will drop 9.1%, and affects the employment market, and then drag down Hongkong local consumption, finally or cause Hongkong economy fell more than 2%.

Huang Hancheng points out, in recent years the mainland tourists bring the watch and jewelry and other high-end consumer goods sales, higher Mong District shops rent. If the reduction in the number of mainland visitors, Mong District shops rent will drop Cheap basketball ncaa jerseys 10% to 15% this year.

had earlier released data show, Hongkong April retail sales tumbled 9.8%, the financial tsunami in 2009 the largest decline since, also fell for the 3 consecutive month, the Cheap world cup jerseys watch and jewellery sales are down nearly 40%.

Huang Hancheng said, with the mainland anti-corruption and mainland tourists travel choice area increased, tourists from the mainland to Hong Kong consumer desire has been weakened, and some recent Mong District shops rent has been gradually reduced, the market is self regulating. So this is not good time to control the number of visitors free line, otherwise it will make the retail market one disaster after another.

(end)

(original title: the regulation of mainland freedom ride price impact retail industry worry)