Hong Kong tourism chief Rosanna Law Shuk-pui said the city must become bigger and better rather than expect neighboring cities to stand still.
Rosanna Law Shuk-pui said the government is preparing its first five-year plan to increase the sector's contribution to the economy. She expressed confidence that annual growth in arrivals would help meet the target of expanding tourism's share of gross domestic product to about 5 per cent by 2029. The industry contributed around 3 per cent last year.
She said the goal was not aggressive because it had been achieved in the past. Hong Kong marks the 29th anniversary of its return to Chinese rule on July 1.
Law stressed that Hong Kong must actively improve its appeal compared with competitors such as Shenzhen.