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Excuse me: Bud, Hong Kong, when was the policy introduced?
20 12 In June, the government of the Hong Kong Special Administrative Region launched a special fund with a total value of 10 billion yuan (hereinafter referred to as "budding special fund") to develop brands, upgrade and transform, and expand the domestic market. At that time, the 2 million yuan fund was mainly to help small and medium-sized enterprises, including start-ups, seize economic opportunities and enhance their competitiveness.

Hong Kong's 20 18- 19 budget proposes to expand the geographical scope of the Bader special fund to the ASEAN market and start the ASEAN plan.

In the 20 19-20 budget, it is proposed to further introduce optimization measures, expand the scope of IMF assistance to all economies that have signed free trade agreements with Hong Kong, and launch the "Free Trade Agreement Plan" (including the existing ASEAN Plan) to allow enterprises to explore new markets and new business opportunities.

Then, on April 9, 2020, the Hong Kong government implemented a new round of optimization measures for the "special fund for brand development, upgrading and transformation, and expanding the domestic demand market", including extending the application scope of the fund's subsidy ceiling of HK$ 4 million to cover all economies that have reached free trade agreements with Hong Kong.