HONG KONG, Feb 23, 2022 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) welcomes the Hong Kong Special Administrative Region (HKSAR) 2022/23 Budget, including the additional funding to the Council for a support scheme for Hong Kong businesses in Mainland China, to help them capture opportunities under the National 14th Five-year Plan. The Budget was announced by the HKSAR Financial Secretary Paul Chan earlier today with relief measures for citizens and small and medium-sized enterprises (SMEs) in Hong Kong to support the economy amid the continuing COVID-19 challenges, and plan for its long-term sustainable development.

HKTDC Chairman Dr Peter K N Lam said: "The pandemic has brought unprecedented challenges to SMEs in the past two years. The measures announced in this year's Budget, including enhancements to various export credit and SME financing schemes, can alleviate pressures on cash flow and operations. In addition, the various measures to support the IP (intellectual property) and technology sectors can also help SMEs tap into new markets and upgrade and transform their business.

"We are also encouraged that the HKSAR Government has allocated additional funding to support Hong Kong businesses pursuing development in the mainland. Through our network of mainland offices, we will work with partners including established Hong Kong business, professional services, and young entrepreneur associations in these cities, to organise training, exchange events, business missions and promotion campaigns.

"We believe this can help Hong Kong businesses in the mainland to expand and capture opportunities arising from the 'dual circulation' strategy and the Guangdong-Hong Kong-Macao Greater Bay Area, so as to better integrate into the nation's development." Dr Lam said.

In addition to the mainland market, the HKTDC will continue helping SMEs capture business opportunities in mature and emerging markets. Dr Lam said: "We will continue to help Hong Kong companies develop ASEAN (Association of Southeast Asian Nations) and mature markets with enhancements to our flagship overseas promotions such as 'Think Business, Think Hong Kong', as well as strengthen our online and offline platforms, business matching services, SME support schemes and other training activities, to help Hong Kong businesses connect with global enterprises and target relevant opportunities effectively. We are also glad to learn that the Government will actively consider attracting more conventions and exhibition events to be organised in Hong Kong when the pandemic subsides."

"Our team at the HTKDC will do all we can to create new opportunities for our industries, enabling them to diversify and find new impetus for recovery and growth amid the pandemic." Dr Lam added.

Media enquiries:
HKTDC's Communications & Public Affairs Department
Susanna Sin, Tel: +852 2584 4294, Email: [email protected]

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe Hong Kong Trade Development Council (HKTDC) welcomes the Hong Kong Special Administrative Region (HKSAR) 2022/23 Budget, including the additional funding to the Council for a support scheme for Hong Kong businesses in Mainland China, to help them capture opportunities under the National 14th Five-year Plan.

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Belarus, a crypto-friendly country is preparing to allow investment funds to invest in digital currency. The plan is part of a slew of law measures aimed at luring such organizations to the country.  The Ministry of Finance has submitted amendments aimed at enticing investment capital to Belarus. Despite having a statutory framework in place for communal investments, no single fund has been registered in the country to date. Representatives from professional circles have pointed out that one of the key reasons for the lack of such funds is that they are now prohibited from investing in crypto assets. According to the finance ministry, the market for ‘digital signs (tokens),’ the legal word for cryptocurrencies, has been rapidly expanding. The ministry has drafted a resolution revising its own decree on securities market activities relevant to investment funds. It intends to allow the funds to work as securities dealers and inhabitants of the Belarus High-Tech Park at the same time (HTP). The latter is in charge of a specific legal framework designed to help the country’s digital economy, which includes the crypto sector. Belarus opened its doors to crypto firms in the spring of 2018 when it passed a decree ‘On the Development of the Digital Economy.’ President Alexander Lukashenko approved the legislation, which included tax reductions and other incentives for businesses working with digital assets.  While it is illegal to use cryptocurrencies for payment in Belarus, HTP residents can create and exchange coins and tokens. The country’s largest bank offers a service that allows users to purchase and sell digital currencies.  According to Chainalysis’ crypto adoption index, Belarus is ranked third in Eastern Europe after Russia and Ukraine, due to substantial peer-to-peer activity.

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A new crypto farm, EGridd, is all set to dawn in a new era of green energy space by launching the world's FIRST Green Energy Blockchain Ecosystem, that will be powered by a revolutionary patented Magnetic Generator Technology as one of the first of many technologies we aim to bring under our umbrella of offerings. The cutting-edge Green Blockchain ecosystem aims to support people with convenient access to eco-friendly renewable energy through a decentralized P2P network of green energy suppliers with energy users. EGridd is driven by the mission to enable people to buy clean, renewable energy without extra costs, by maintaining at the same price as conventional power plants and striving to be more costs effective in the near future, yet adding opportunities to access and yield from, while raising awareness to be more socially driven to aid in our environmental issues, than just being end energy consumers as most of us are today.

EGRIDD is the green energy token of EGridd. 

“We bring to you an end-to-end green energy ecosystem that extends green blockchain projects easy access to all the growth opportunities that exist in ‘green' technology, with due compliance for the sustainability and protection of the environment. Our green energy blockchain ecosystem empowers users with our breakthrough technology to generate, yield as well as sell electricity within our DeFi infrastructure”, stated Edrick S., the founder  of EGridd.

“Akin to Alibaba, eBay, Lazada etc., as the globally recognized marketplace platforms for many types of consumer products catered to the mass markets and businesess, our EGridd ecosystem is compatible in adding any form of green energy technologies, including the existing ones and the ones we will witness in the future. We do value all kinds of green energies, ranging from wind, solar, to thermal, and more - thus we are positive that EGridd will ascend to being a statutory legislator platform in the coming era of green energy sources, where our token subscribers could utilize it for various beneficial purposes under one roof.”

The EGridd green energy blockchain ecosystem comprises of 3 parts - 

• EGridd Decentralized Exchange (EDEX)
• EGridd Green Energy Generation (EGEG)
• EGridd Central Energy Exchange (ECEE)

Starting with the exchange, EDEX, it introduces a novel way to trade crypto without a third party. This eliminates problems like hacking, fraud, etc., that have occurred at some exchanges. The EDEX operates on the Binance Smart Chain, deemed by most savvy users as one of the best and largest smart Blockchain exchange platforms in the world, which also happens to be the most costs effective, whereby users can swap their BUSD to EGRIDD tokens without feeling sizeable losses in their spreads. EGridd welcomes users to join its liquidity pool that offers great passive reward opportunities pegged to viable intrinsic technologies and businesses.

“By joining EDEX, you will witness a faster growth in your investments while also enjoying more control over them. In other words, EDEX offers you a great opportunity to be a part of a historical revolution.”

Coming next to the source of green energy generation, the chief concept of EGEG is based on a breakthrough technology applying Magnetic Rotational Technology. When two magnets with poles meet, they dispel, but get attracted to each other when two opposite poles meet. The Magnetic Rotational Technology works by placing a series of magnets in various directions, which results in a spinning momentum motor leading to the development of a magnetic generator producing green energy. This next-gen technology lays the foundation for our EGEG Generators, such as EGEG-XX, with zero radiation emissions regardless of the scalability. 

Per the statements of Mr. Calvin Q., COO of EGridd, the EGEG-XX generator is designed to resolve the existing list of problems in the current green energy world. These include – lack of available adequate green technologies to meet demands, low efficiency outputs of current green technologies, need for extensive areas to deploy existing green energy mediums (such as solar panels), and low ROI. Additionally, many current De-Fi projects can't substantiate with real world tangible projects to assure subscribers of the true market value derivation.

The EGridd ecosystem resolves the above mentioned problems through an exclusive blend of a revolutionary green energy technology (Magnetic Rotational Technology), De-Fi, and blockchain. For comparisons to regular green energy mediums like solar panels, the EGEG-XX Generator assures a much lower installation cost and footprint for deployment. Further, while the current solar panel technologies generate at a 10%+/- operational efficiency, the EGEG-XX solution promises a consistent 99% operational efficiency. Importantly, it comes with a longer lifespan and a one time per year maintenance vs solar panels. Last but not the least, while solar panels require an average of 5 years to reap ROI, the EGEG-XX assures very healthy ROI in just 1.5 to 2.5 years.

But to take into account the phrases: “you can't please everyone” and “respect the existing proven technologies and inventors”, our Egridd ecosystem gladly welcomes and will include other green energy technologies under one platform roof. After all, our most pertinent value proposition is to develop a more socially responsible awareness, attitude and adoption (AAA) of green energies in general to aid the dire need in reducing our world's environmental issues. Therefore, we would like to end with a phrase: “what's the use of having all the wealth, if we don't live and enjoy in a healthy world?”.

Which brings us to the last leg of the ecosystem, ECEE. It is the platform where excess generated energy will be traded between power grid providers, sellers of green energy, and buyers. From which, the payments for the sale of excess green energy will go back to the initial EGRIDD token investors, thereby completing the full cycle of the EGridd green energy blockchain ecosystem.

“Our ecosystem assures unmatched high transaction throughput, eliminates ambiguity on electricity meter readings, and ensures better user experience with blockchain technology.”

Will EGridd be the next potential green energy stock?

“We are moving fast by leaps and bounds. Therefore, in order to gain the right tractions, we are conscientiously engaging with accredited and experienced industry specialists to aid EGridd to, lobby correctly and mitigate against potential suppressions which had happened in the past with various wonderful inventions, creating apt market buzz, and developing into a global presence platform of access and opportunities for everyone. Naturally, listing EGridd as a green energy stock will be in our cards. We welcome interested and like minded investors to join the business and lead the traffic for our presale at Pink Sale from 25^th January 2022 to 28^th January 2022 from 11:00am UTC.”

For more information, please visit https://egridd.com or join presale at https://egridd.com/pinksale

Telegram: https://t.me/egridd_official

Twitter: https://twitter.com/egridd

Media Contact
Company Name: EGridd
Contact Person: PR/Media
Email: [email protected]
Country: United States of America
Website: https://egridd.com/