The Hong Kong Exhibition & Convention Industry Association (HKECIA) welcomes the measures of the HKSAR government to support the convention and exhibition ("C&E") industry announced in the latest Policy Address to strengthen and capitalise on Hong Kong's status as the trade fair capital of Asia. The existing Convention and Exhibition Industry Subsidy Scheme (CEISS), which was originally due to expire on December 31, 2022, will be extended to June 30, 2023. In addition, the HKSAR government will launch a new HK$1.4 billion (US$ 179.48 million) scheme after the CEISS expires to subsidise more than 200 exhibitions to be staged in Hong Kong over three years. The AsiaWorld-Expo Phase 2 project and the Wan Chai North redevelopment project near the Hong Kong Convention and Exhibition Centre will proceed to substantially increase large-scale convention and exhibition spaces to consolidate Hong Kong's status as a premier venue for international C&E activities. Stuart Bailey, HKECIA chairman, commented, "The HKECIA welcomes the 'government's support to the convention and exhibition industry.