Hong Kong's tourism minister, Rosanna Law, has stated that the city must strive to be "bigger and better" to remain competitive, rather than expecting rival cities like Shenzhen to stagnate. The government aims to increase the tourism sector's contribution to the GDP to approximately 5% by 2029, up from around 3% last year. Law expressed confidence in achieving this target through annual growth in tourist arrivals. AI
RANK_REASON The item is an opinion piece from a government official about economic strategy, not a direct announcement or event.
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