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From the Chairman

Inside Legco

From the CEO

Cover Story

CEPA Opens the Door to Hong Kong Companies

Wider Implications of CEPA


CEPA:
Professional Services


Mixed Bag for Retailers

HKGCC Submits Clarification Questions
on CEPA to Government


O'Rear's View 

Producing In,
And for the PRD


China Economic Update

CEPA's Impact on
the Mainland Economy


Business
Bulletin Online


Mobile Workforce

Venture Capital Industry Alive and Well in Hong Kong

Polytrade Paper

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Chamber
Happy Hour -- June


Expanding Networking Circles

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CHAMBER IN ACTION                                                August 2003 Issue

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Town Hall Forum with Stephen Lam
ciabox1.jpg (26658 bytes)Stephen Lam, Secretary for Constitutional Affairs, exchanged views with members at the Chamber's Town Hall Forum on July 24. The Chamber is organising the series to help members better understand the responsibilities of the SAR's Principal Officials.


Americas

The Americas Committee met on July 8 to discuss the direction of the committee in the year ahead. Those present raised a number of ideas on expanding the committee's membership base, as well as getting more members' interested in programmes.


China

ciacaoxinping.jpg (9682 bytes)Cao Xinping, Secretary General of Kunshan City, Jiangsu Province and Zhang Guohua, Mayor of Kunshan, visited the Chamber on June 23 where they were welcomed by Chamber CEO Dr Eden Woon and members of the China Committee. Mr Cao told members that Kunshan City, which has been a popular destination for Taiwanese enterprises in the manufacturing sector, is now looking to co-operate with Hong Kong investors in the services sector.

ciazhangchangping.jpg (8721 bytes)Xiamen Mayor Zhang Changping led a delegation to visit the Chamber on June 27 to promote the 7th China International Fair for Investment and Trade (CIFIT), which will be held in Xiamen from September 8-12. Mr Zhang also briefed Chamber CEO Dr Eden Woon and China Committee members at the meeting on Xiamen's economic development, pointing out that 86 percent of Xiamen's industries were foreign invested. The Chamber will lead a delegation to visit the fair in September.

Huang Sanhe, Chairman of Guangdong General Chamber of Commerce, called on the Chamber on July 3, where he was welcomed by Chamber CEO Dr Eden Woon. At the meeting, both sides discussed future co-operation between the two organisations and raised the possibility of signing a bilateral memorandum of co-operation to strengthen their relations.

Raymond Young, Deputy Secretary, Commerce, Industry and Technology Bureau, on July 10 briefed members of the Chamber's China Committee on the conclusion and outstanding issues of CEPA.

Chamber CEO Dr Eden Woon attended the opening ceremony of the Guangdong-Hong Kong Economic and Technology Fair on July 9. Chamber Vice Chairman Dr Lily Chiang and Dr Woon, along with other Chamber members with interests in Guangdong, also attended a symposium, hosted by Guangdong Standing Vice Governor Tang Bingquan, held on the same day. The main topic of the symposium was CEPA's benefit to Guangdong and Hong Kong.

ciachau.jpg (10607 bytes)Zhou Benhui, Vice Mayor of Zhuhai, called on the Chamber on July 10 and was met by Chamber CEO Dr Eden Woon and members of the China Committee. Mr Zhou briefed members on recent economic developments in Zhuhai, and shared his views on the proposed Hong Kong-Zhuhai-Macao bridge.


PBEC

David Eldon was re-elected Chairman of the Pacific Basin Economic Council (PBEC) Hong Kong Member Committee, while Douglas Fergusson was re-elected as Vice Chairman at its 14th Annual General Meeting on June 18. At the meeting, members were updated on the progress of "The New PBEC" campaign.



Submission Papers

The Chamber General Committee on June 25 endorsed a position paper on Waste Management Policy submitted by the Environment Committee, which was later submitted to government.

The Chamber on June 30 submitted its response to the Copyright Amendment Bill (2003) supporting the permanent suspension of previous amendments opposed by the Chamber. 


Small and Medium Enterprises

Emil Yu was elected Chairman of the Chamber's SME Committee at its meeting on June 25, while Gerry Ma and Benson Pau were elected Vice Chairmen. During the meeting, the committee discussed its upcoming programmes for the year ahead.


Service Industries

Kyran Sze was elected Chairman of the Chamber's Real Estate Services Committee at its meeting on June 19. At the meeting, members met with representatives from the Estate Agents Authority and the Hong Kong Association of Property Management to discuss regulation of the estate agency businesses and practices in property management post-SARS.

Adrian Li was elected Chairman of the Chamber's Financial Services Committee at its meeting on June 25, while David Dodwell was elected Vice Chairman. At the meeting, Michael Spencer of Deutsche Bank discussed the subject of the dollar peg.

Clara Chong, Executive Director of the Hong Kong Tourism Board, met with members of the Travel/Tourism Committee on July 2 to discuss the post-SARS tourism comeback plan. Members of the Economic Policy Committee also attended the meeting.

Edward Whitehorn of the Office of Telecommunications Authority, met members of the Information Services Committee on July 9 to discuss competition in telecommunications.

C Y Leung, Chairman of the Coalition of Professional Services, met with members of the HKCSI Professional Services Committee on July 14 to discuss the promotion of Hong Kongs professional services in light of CEPA.


A Conversation with General Committee Member Victor Li

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Victor Li, Managing Director and Deputy Chairman, Cheung Kong (Holdings) Ltd, shared his views with members at the third "Conversation with a General Committee Member" series of discussions on July 25. This series is open to members only and to encourage a free dialogue is off the record.

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  Chamber's Christmas Cocktail

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