Hong Kong: Consider further raising tobacco taxes to reduce smoking rates

Hong Kong: Consider further raising tobacco taxes to reduce smoking rates

On January 11, according to market news, Hong Kong is considering further raising tobacco taxes in order to reduce the smoking rate. This move is an adjustment to public health policy, and no specific details have yet been announced.

Tobacco tax increases are often seen as a means of tobacco control, reducing the number of smokers and tobacco consumption by increasing the economic cost of smoking. This measure is widely adopted around the world, and its effects vary in different countries and regions.

The Hong Kong government's consideration of raising tobacco taxes this time shows that it attaches great importance to public health.
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