Submissions and Reports

As the premier business organization of Hong Kong, the Chamber is a leader in promoting business interests and integrity. These policy statements and Code of Ethics represent what the Chamber stands for in the respective areas.

They are approved by the Chamber’s General Committee and we urge all of our members to observe these statements and to incorporate the principles stated in the statements into their business practices as much as possible.

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DateTitle
2023/01/19HKGCC Budget Proposals for 2023-2024
As Hong Kong strives to return to normalcy post-Covid, the Chamber has submitted recommendations on the 2023-24 Budget to the Financial Secretary which called for measures to support rapid and sustained economic recovery, retain and attract talent and business, as well as maintain Hong Kong’s international competitiveness.
2023/01/13Public Consultation on the Specifications for Product Barcode and Designated Logo for Producer Responsibility Scheme on Plastic Beverage Containers (“PPRS”)
The Chamber welcomes the Environmental Protection Department’s consultation on the Specifications for Product Barcode and Designated Logo for Producer Responsibility Scheme on Plastic Beverage Containers (“PPRS”), and suggests that greater flexibility be afforded to the arrangements to avoid wastage or any unintended consequences of discouraging efforts to reduce plastic waste.
2023/01/06Consultation on the Guidelines on Prevention of Heat Stroke at Work
HKGCC raises concerns over the proposed guidelines as these were deemed to be impracticable, overly-intrusive, inflexible, and unnecessary.
2022/11/17Chamber submission to the Legislative Council on “Assistance in promoting upward mobility of young people”
The Chamber has submitted its views on “Assistance in promoting upward mobility of young people” to the Legislative Council Subcommittee to Study the Formulation of Long Term Youth Policy and Development Blueprint and attended the Subcommittee’s meeting with deputations and the Administration on 19 November 2022
2022/10/19Consultation Paper on Cyber-dependent Crimes and Jurisdictional Issues
The Chamber welcomes the HKLRC’s proposals to introduce a bespoke law that deals with the proliferation of cyber-dependent crimes given the risks of such illegal acts on Hong Kong’s businesses. The Chamber has also called for a balanced approach in the design of the new law so that other than the objective of protecting public interest, consideration should also be given to upholding business’ legitimate needs.
2022/09/09Chamber Submission to the 2022/23 Policy Address
In anticipation of John Lee’s inaugural Policy Address, the Chamber has submitted recommendations on 9 key policy areas on which it feels the current administration should be focusing on as a matter of priority.
2022/07/28International Sustainability Standards Board (ISSB) Consultation on Sustainability-related Financial Information and Climate-related Disclosures
The Chamber welcomes and supports the ISSB’s initiative to formulate a comprehensive set of global sustainability disclosures to serve as performance guideposts for businesses, while providing consistent, comparable and high-quality ESG reporting designed to meet investor needs. However, questions over the approach to and with the proposed standards, such as the lack of clarity on when the ISSB will be fully quorate and the absence of the principle-based GRI standard, will have to be addressed before the new standards are introduced.
2022/07/22Consultation on Proposed Refinements to Hong Kong’s Foreign Source Income Exemption (FSIE) Regime for Passive Income
The Chamber supports the Government’s efforts to remove Hong Kong from the European Union’s watchlist by introducing changes to our FSIE regime while upholding the key principles of our taxation policy. However, more clarity should be provided on certain issues including the interpretation and application of covered income and economic substance requirement, as well as the eligibility criteria for the proposed participation exemption.
2022/07/19HKGCC’s Survey on Travel and Quarantine Restrictions
The Chamber has called on the Government to normalize international connectivity. Based on findings from a Chamber survey conducted in May 2022, an overwhelming majority of respondents have been affected by restrictive travel measures.
2022/07/18Consultation on Occupational Safety and Occupational Health Legislation (Miscellaneous Amendments) Bill 2022
HKGCC supports the Government’s policy objective of improving health and safety at work. However, we believe that it can be achieved more effectively by means other than significantly raising penalties, and doubling the period for summons from six months to one year as proposed.
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