By Tu Haiming
Since 2023, the Hong Kong Special Administrative Region government has prioritized the development of its mega-events economy as a key initiative to stimulate local consumption and economic vitality. Sustained efforts have yielded initial results. As Chief Executive John Lee Ka-chiu forecast recently, the number of visitors attracted by various major events held in the city could hit 840,000 in the first half of this year, generating HK$3.3 billion ($425 million) in consumer spending and HK$1.8 billion in economic value added.
According to Hong Kong Tourism Board (HKTB) statistics, visitor arrivals in the first two months of this year totaled 8.4 million, marking a year-on-year increase of 7 percent. Visitors from the…