Looking ahead, numerous opportunities will result from China's accession to the World Trade Organisation and the Mainland's strategy of developing the western region. Because of our geographical location, our knowledge and experience in doing business on the Mainland, as well as our world-class business services and infrastructure, Hong Kong is well placed to reap the benefits of a significant and growing Mainland market.

The Hong Kong General Chamber of Commerce will therefore be playing an even more important role in the years ahead. The Chamber's understanding of the needs of local enterprises and its experience in providing support services to our businesses, particularly small and medium enterprises, will be instrumental in helping them to seize the vast opportunities ahead. I am sure that the Chamber will continue to serve our business community with dedication and professionalism.