A government spokesperson pointed out the increase was supported by the global economic recovery.
He said the city has taken on a new look during the past year, following further implementation of the National Security Law.
Secretary for Security Tang Ping-keung said the government seeks to table the bill to the Legislative Council in the second half of 2022.
The subsidies allow enterprises in select cities to employ Hong Kong graduates on a monthly stipend of HK$10,000 for up to 18 months.
The survey interviewed 800 SMEs, with the aim of understanding the outlook of local SMEs on the overall business environment.
A bustling financial center, Hong Kong hardly boasts of any farming. At least 90 percent of its food is imported. But the city’s new-age farmers hoping to turn that around.
Cathay Pacific flew a mere 717,059 passengers in the past year, compared with 4.6 million in 2020 and 35.2 million in 2019.
The Education Bureau said the measure applies to kindergartens, primary and secondary schools, as well as tutorial schools.
A spokesman said the decision against the animals concerned were based on scientific principles.
The IMF also noted that Hong Kong's economy has recovered strongly with the support of swift and bold policy responses.