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HK is no longer the "shopping paradise" for mainland people [Copy link] 中文

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Post time 2014-8-9 18:06:38 |Display all floors
Shopping is always the highlight of a Hong Kong tour. In recent years, shopping has made up over 70 percent of the spending by mainland tourists in Hong Kong.

In 2013, the total volume of retail sales in Hong Kong increased by 11 percent and the media even called it "the peak of the retail business". However in March 2014 sales declined suddenly, and the situation continued in the following five months. Sales of luxury goods suffered most. According to statistics released by Hong Kong Census and Statistics Department, sales of jewelry, watches and valuable gifts dropped by 28.2 percent this June.
Hong Kong people are known for their flexibility and efficiency. People at every level are concerned about the sales decline and have proposed many solutions. The Hong Kong SAR government and business owners have started work on projects such as the construction of the West Kowloon Cultural District and the Kai Tak Cruise Terminal, and the expansion of Disneyland and the Ocean Park. However, some suggestions, such as building a border shopping city, are still stuck at the discussion stage. An article published in Hong Kong Commercial Daily commented that political slogans and operations have undoubtedly obstructed the healthy development of Hong Kong’s tourism. "As long as Hong Kong is still chained by 'pan-politicalizaiton' , the problem of retail sales and tourism will not be solved, and all of Hong Kong's citizens will eventually be the victims."

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