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| EDITORIAL
CONTRIBUTIONS We welcome Hong Kong business-related contributed news and features from HKGCC member companies. If you would like to submit an article, please email the Bulletin >> |
From the Chairman
Inside Legco
From the CEO
Cover Story
The Design of Business
Hong Kong
Style
Special Features
Daunting
Challenges Ahead for China's Economy
CCRA Launched
O'Rear's View
How Long Can This
Last?
China Economic Update
China Opens
Investment Gate
Business
Trends
Tunnel
Vision
Ace Style Apparel
Chamber Programmes
Technology Behind
the Internet
HKGCC & Disney Cocktail
Chamber Programmes
Chamber in Action
November 2004 Issue
The Design of Business
We are on the cusp of a design revolution in business, says Dean Roger Martin
of the University of Toronto's Rotman School of Management. Competing is no longer about
creating dominance in scale-intensive industries, it's about producing elegant, refined
products and services in imagination-intensive industries. As a result, he argues,
business people don't just need to understand designers better -- they need to become
designers.
Hong Kong Style
After visiting the territory regularly, indeed more times than I can remember, I have to confess to being completely stumped by efforts to reduce Hong Kong to any singular concept such as a style. This should not be taken to infer an absence of things that are constant, there are indeed many.
More >>
Daunting Challenges Ahead for China's Economy
China's economy has demonstrated extraordinary resilience in the face of a
global economic slowdown combined with the SARS tragedy and the stresses of WTO entry.
This resilience results from the successful shift to domestic-led growth prior to the
global slowdown and from rising productivity caused by economic reform, rising
competition, a highly entrepreneurial economic structure, and high levels of foreign
direct investment. Overall, the success results from a disciplined and politically
courageous process of reform and opening. More
>>
CCRA
Launched
In Hong Kong, credit reference agencies that collate corporate credit information have actually existed for quite some time. However, as the supply of information to these agencies is voluntary, concerns about data confidentiality have made it extremely difficult for them to build a database that is comprehensive and dependable enough for banks to make credit assessment.
More >>
China Opens
Investment Gate
China's Ministry of Commerce announced that it has simplified procedures for Mainland enterprises to invest in Hong Kong and Macau, effective September 1. Mainland companies now only need to seek approval from local bureaux of commerce -- except for Central Government-owned firms and investment holding companies -- and the entire process should take no more than 15 days. This so-called "free investment scheme for Mainland enterprises" (the scheme) is expected to boost Hong Kong's economy in much the same way as the "Individual Travellers' Scheme."
More >>
Tunnel Vision
Advertisers are always trying
to come up with new ways to get their message across, and the latest innovation, motion
picture tunnel advertising, seems like such a good idea it's hard to believe that no one
thought of it sooner. But while the revolutionary new medium may appear to use basic
flipbook technology, it is surprisingly complex. Is this latest technology just a fad? Or
does it represent the biggest innovation in outdoor advertising in years? More >>
Ace Style Apparel
No one knows exactly what will happen when global textile and apparel quotas start to be phased out on January 1 next year. Concerns that China will dominate the market prompted the World Trade Organisation on October 1 to explore countries' worries to such a claim -- an unusual move for an organisation whose mission is dismantling trade barriers.
More >>
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