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In the Bulletin

From the Chairman

Legco Report

From the CEO

Cover Story

Opportunities galore

Shifting economic powers

Recovery on the horizon

Telecom industry still haunted by past excesses

Profiting from good corporate governance

SAR should beef up its soft services

Q&A with the Business Summit Panel

O'REAR'S VIEW 
Nine months' GDP data show mixed results


China Economic Update
Economic integration of the Yangtze River Delta

Business
When China awakens, she shall travel the world

Chamber Programmes

Analysts bullish on housing market
prospects for 2003


Mission to the Yangtze River Delta


Telstra calling Asia

Operation Smile Mission to China

Chamber
Christmas party


Chamber in Action



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CHAMBER IN ACTION                                               January 2003 Issue


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Mission to Taipei
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A 21-member Chamber delegation concluded a two-day business mission to Taipei on November 22. The mission, led by HKGCC Vice Chairman Dr Lily Chiang, included courtesy calls on Ministry of Economic Affairs Vice Minister Yiin Chii-ming, Liu Ter-shun, vice chairman, Mainland Affairs Council, The Executive Yuan, and Bai Hsiu-hsiung, deputy mayor of Taipei City. The delegates also attended the 13th Joint Meeting of the Hong Kong Taipei Business Cooperation Committee on November 22. At the meeting, guest speakers from Taiwan and Hong Kong spoke on opportunities for further cooperation between the areas and across the Taiwan Straits. The two committees also signed a Memorandum of Understanding and agreed to continue cooperation.

Americas

ciagracewong.jpg (8008 bytes)Grace Wong (right), general manager, Coface Frontline Credit Management Services Ltd. and Xavier Farcot, deputy general manager, Coface Hong Kong, spoke at the Chamber's December 3 roundtable luncheon on payment services for exporters. The speakers shared with members local exporters' experiences and how they can plan their credit management for the year ahead.
SpeechSpeech   

Asia/Africa

Chamber Chairman Christopher Cheng and CEO Dr Eden Woon met with Lee Yi Shyan, CEO of International Enterprise Singapore on November 25. Mr Lee was updated on Hong Kong's economy at the meeting.

Iqbal Meer Sharma, director, International Trade and Economic Development, Department of Trade and Industry, South Africa, and two of his colleagues, on December 5 met with David O'Rear, chief economist of the Chamber.

Dr Nizar Sadiq Al Baharna and Mohamed Abdulrehman from the Bahrain Chamber of Commerce and Industry met on December 11 with Eva Chow, director, International Business, HKGCC. The visitors were in Hong Kong to study various activities, functions and operations of chambers here.

China

Chen Guohui, vice chairman of CCPIT Guangzhou Sub-council, met with Dr Eden Woon, the Chamber's CEO, on November 22, to discuss ways to enhance mutual cooperation between the two organisations.

Chamber CEO Dr Eden Woon on November 28 attended the opening ceremony of the Fujian Festival in Hong Kong, of which the Chamber was a supporting organisation. On November 29, Dr Woon signed a Cooperation Agreement between the Chamber and the Office for Fujian Hong Kong and Fujian Macau Economic Cooperation Promotion Committee, to strengthen cooperation between the two organisations.

Dr Lily Chiang, Chamber vice chairman, delivered a speech at a seminar organised by the Macau SME Association on November 30 in Macau, on the "Impact of the Hong Kong/Macau/Zhuhai Bridge on the Economic Integration of Greater Pearl River Delta."

ciawangrulin.jpg (9449 bytes)Jilin Vice Governor Wang Rulin and a delegation who were in Hong Kong for the "2002 Hong Kong-Jilin Friendship Week" called on the Chamber on December 2. Mr Wang outlined to Chamber CEO Dr Eden Woon recent economic developments in Jilin. During the meeting, both parties agreed to strengthen future cooperation. On December 4, Dr Woon attended the opening ceremony of Hong Kong-Jilin Friendship Week and Chamber Vice Chairman Dr Lily Chiang attended a dinner hosted by the Jilin Governor Hong Hu.

ciaxiangming.jpg (8589 bytes)Xiang Ming, com-missioner-general, Bureau of Fair Trade for Imports & Ex-ports, MOFTEC, spoke at a Chamber roundtable luncheon on December 2 on "Changes to China's Anti-Dumping Laws and Regulations following its WTO Accession." Mr. Xiang also elaborated on the impact of China's anti-dumping laws on Hong Kong businesses.
SpeechSpeech   

Eva Chow, director, International Business, HKGCC, and Louis Pong, member of the Chamber's China Committee, participated in Hong Kong-Jiangsu Week on December 9. Events included the opening ceremony of the Hong Kong exhibition, a business meeting with Jiangsu business representatives, and a dinner hosted by Wang Rongbing, vice governor of Jiangsu. Hong Kong-Jiangsu Week was organised by the Hong Kong SAR Government. The Hong Kong business delegation was led by Henry Tang, Secretary for Commerce, Industry and Technology.

Europe

Vladislav Baryshnikov, director, St. Petersburg Centre for Collaboration with Asia Pacific, led an eight-member Russian delegation to the Chamber on November 26 for a business-matching meeting with members. The delegation was received by Peter Gordon, chairman of the Chamber's Russian Interest Group, and Eva Chow, director, International Business.

ciakatarzyna.jpg (7494 bytes)Katarzyna Kaniewska, project manager for Asian Markets, Polish Chamber of Commerce, led a ten-member business delegation from Poland to visit the Chamber on December 2 for a business-matching meeting with members. Prior to coming to Hong Kong, the group had been in China for the Polish National Exhibition.

Peter Mihok, president of the Slovak Chamber of Commerce and Industry, led a seven-member business delegation from the Slovak Republic to the Chamber on December 3 for a business-matching meeting with members. The delegation was received by Eva Chow, director, International Business who briefed the delegation on the Chamber.

PBEC

PBEC HK, the HKGCC and the Canadian Chamber of Commerce in Hong Kong, co-organised a luncheon with Paul Reilly, chairman & CEO of Korn/Ferry International on December 9. At this by-invitation only luncheon, Mr Reilly spoke on "Update on Corporate America Boardroom."

PBEC HK held its committee meeting on December 11 to discuss new initiatives to revitalise the organisation for a "New PBEC" and plan major events for the coming year. The meeting was chaired by David Eldon, chairman, PBEC HK. Dr Eden Woon, director general of PBEC HK, reported on PBEC's Mid-term Meeting held in Los Cabos, Mexico, in October.


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