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                                         December 2004 Issue 

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Evolution, Enhancement
& Expansion

The Pear River Delta looks set to grow from strength to strength if current challenges can be overcome, say speakers at the Third PRD Conference

Guangdong's economy grew 14.6 per cent year on year in the first three-quarters of this year and the PRD region represents 95 per cent of Guangdong's economy. Despite this stellar growth, the PRD is facing a number of challenges, with energy and labour shortages being the most serious.   More >>




Businesses Upbeat

HKGCC's Business Prospects Survey reveals surging optimism in 2005-06

Hong Kong's business community is becoming more upbeat about the prospects of the local economy over the next two years, but are growing increasingly dissatisfied with the environment, according to the findings of HKGCC's annual Business Prospects Survey, released on November 24.
More >>






Labour and Productivity

More people are working in Hong Kong than at any other time in the city's history, yet the unemployment rate remains stubbornly high.

At nearly 3.3 million jobs, employment in Hong Kong has never been higher. New records were set in four of the last five months, yet the unemployment rate remains stubbornly high, at 6.7 percent. What's going on?  More >>




Renminbi Appreciation:
The Pros and Cons for China  

Calls for renminbi revaluation from the market grew louder following the Asia Pacific Economic Cooperation (APEC) meeting last month. However, China, backed by strong economic development, will not allow pressure from other countries to dictate its currency policy. In addition, renminbi exchange rates are still controlled by the central bank, which controls the capital account   More >>




Challenges in Meeting
Future Global Energy Demand

In addressing global energy trends, the place to start is with economic growth, because economic growth depends on having adequate and reliable amounts of affordable energy, and at the same time economic growth tends to lead to increases in energy demand.  More >>




Mission to South America

HKGCC concluded an eleven-day visit to Miami, Sao Paulo, Rio de Janeiro, Buenos Aires and Santiago last month.  This was the first Chamber study mission to South America since 1992.  In each of the cities visited, the Chamber delegation was just ahead of President Hu Jintao on his South American tour before the APEC Leaders Meeting.  More >>



Going Solar

Solar electricity generation facilities at Wanchai Tower reduce the building's contribution to greenhouse gas emissions by 23 tonnes annually. The project, the largest solar electricity generation system in Hong Kong, is a pilot scheme run by the government's Electrical and Mechanical Services Department (EMSD) to determine if photovoltaic (PV) solar panels installed on buildings can be practical and economically viable.   More >>




Lighting Up Hong Kong

The City of Lights is burning brighter than ever this year as Christmas decorations paint a festive glow across Hong Kong

The Christmas season is finally upon us. But for Sonya Wu, Christmas began five months ago.  More >>



Select Service Partner

Restaurants have a tough enough time attracting customers and tempting them back to try other dishes at the best of times. But try doing it at the airport, where repeat business appears to be nil and customers literally run past your operations and quite possibly may never come back.   More >>



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past events
Increasing Protectionism and the State of Play in the WTO

Trade tensions and disputes are increasing in the wake of the global e... details>>

From Local to Global: Driving SME Competitiveness Through E-commerce

Many companies, especially small and medium enterprises (SMEs), see th... details>>

Corporate Guidance on H1N1 Flu Preparedness

With the emergence of an influenza pandemic, contingency planning is c... details>>

China’s M&A Market: Opportunities Under the New M&A Tax Rules

How is China's M&A market faring after the promulgation of Merger & Ac... details>>

The Financial & Economic Crisis: Prospects after the G20

Christian Noyer, Governor of Banque de France, spoke at the Chamber's ... details>>

more >>

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