--- title: "Deloitte: The government allocates HKD 1.66 billion to the Tourism Board, a year-on-year increase of 35%, which helps stimulate the number of visitors to Hong Kong" description: "Deloitte China Hong Kong Consumer Market Business Partner Zheng Huanran stated that the government allocated HKD 1.66 billion to the Hong Kong Tourism Board, a year-on-year increase of 35%, which will" type: "news" locale: "en" url: "https://longbridge.com/en/news/276966543.md" published_at: "2026-02-26T01:25:44.000Z" --- # Deloitte: The government allocates HKD 1.66 billion to the Tourism Board, a year-on-year increase of 35%, which helps stimulate the number of visitors to Hong Kong > Deloitte China Hong Kong Consumer Market Business Partner Zheng Huanran stated that the government allocated HKD 1.66 billion to the Hong Kong Tourism Board, a year-on-year increase of 35%, which will stimulate the number of visitors to Hong Kong, promote local consumer spending, and provide market opportunities for local consumer brands. In addition, the government continues to support the development of the "Made in Hong Kong" food and beverage industry, reducing compliance costs for enterprises and enhancing the competitiveness of Hong Kong food products Deloitte's Hong Kong Consumer Market Business Partner Zheng Huanran stated that the government’s continued commitment to supporting Hong Kong's consumption and retail market is welcomed. The allocation of HKD 1.66 billion to the Hong Kong Tourism Board in the Budget, a 35% increase from 2025, along with an additional HKD 100 million for a pilot program to attract international exhibitions, will help stimulate the number of visitors to Hong Kong, promote local consumer spending, and provide market entry opportunities for local consumer brands, thereby enhancing overall economic activity. In addition, the firm noted the government's ongoing support for the development of the "Made in Hong Kong" food and beverage industry, leveraging Hong Kong's good reputation for food and beverage quality to expand into the mainland and international markets. With the Food Safety Center waiving food product certification fees for two years, the firm believes this will help reduce compliance costs for related businesses. Furthermore, the launch of a unified local agricultural and fishery product brand, accompanied by certification, testing, and traceability mechanisms, will further enhance the competitiveness and market recognition of Hong Kong food products ### Related Stocks - [00HSI.HK - Hang Seng Index](https://longbridge.com/en/quote/00HSI.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Hong Kong 2026-27 budget: ‘Symphony of Lights’ to go dark under tourism revamp | Hong Kong will discontinue the two-decade-old "A Symphony of Lights" show, replacing it with immersive projections acros | [Link](https://longbridge.com/en/news/276972290.md) | | Hong Kong govt says Q4 GDP +3.8% y/y | Hong Kong govt says Q4 GDP +3.8% y/y | [Link](https://longbridge.com/en/news/276826499.md) | | Hong Kong to offer 9 residential sites to developers in 2026-27 land sale plan | Hong Kong plans to offer nine residential sites to developers in the 2026-27 land sale program, aiming to provide approx | [Link](https://longbridge.com/en/news/277218051.md) | | Hong Kong court rejects appeal in landmark 'Hong Kong 47' subversion case | Hong Kong’s Court of Appeal has rejected an appeal by 12 pro-democracy activists in a significant national security case | [Link](https://longbridge.com/en/news/276558607.md) | | The British foods that are just as good as they’ve always been | The article discusses the decline in quality of many British food products due to cost-cutting measures, referred to as | [Link](https://longbridge.com/en/news/277195719.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.