Hong Kong shelves cross-border levy plan, marks second policy U-turn in a day

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Hong Kong's government has shelved a proposed levy on private cars crossing the border into mainland China, announced by Financial Services and the Treasury Secretary Christopher Hui Ching-yu on Friday. The decision, marking the second policy reversal of the day, comes after feedback from lawmakers and the public. The proposed boundary facility fee, included in the 2025-26 budget, aimed to generate HK$1 billion annually by charging HK$200 per private car departing via land border control points. This initiative was intended to address the city's HK$87.2 billion budget deficit, but has been abandoned after careful consideration of public and legislative concerns.
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