China names new market regulator head

The Hong Kong SAR Government announced that starting January 1, 2024, the minimum wage will be adjusted from HK$40 per hour to HK$42 per hour, representing an estimated annual increase of about 5%. This adjustment aims to help low-income workers cope with rising living costs and promote economic fairness. The new minimum wage policy will affect approximately 250,000 employees, with their monthly wages expected to increase by about HK$200, helping to improve their living standards.

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تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي

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