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China's Entry into the WTO and the Impact on Hong Kong Business

18 January 2000

Opportunities for Hong Kong

• Positive Developments
  

- Reduction in Tariff

- Liberalization of Service Industries

- Transparency

- Rule Based Commerce

- Increase in Purchasing Power

• Market Expansion Opportunities -- Examples

  - Sourcing, merchandizing, and distribution

  - Trade financing and "Deal Maker" role expanded

• Market Access Opportunities -- Examples

  - Banking Business

  - Insurance

  - Trading

  - Retail and Distribution

  - Telecommunications

  - Professional Services

  - Middleman Opportunities

  - Headquarters City

  - Mainland Clients

  - Raising Funds

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