CHAMBER IN ACTION
June 2002 Issue

| HKGCC signs MOU with Hubei CCPIT
Hubei
Governor Zhang Guoguang, Vice Governor Han Zhongxue and Wuhan Standing Mayor Li Xiansheng
called on the Chamber on May 8 and were received by Chamber Chairman Christopher Cheng,
and Chamber Director Dr Eden Woon. At the meeting, the Chamber signed a Memorandum of
Cooperation with Hubei CCPIT.
Here, the VIPs witness the signing of the MOU by HKGCC Director Dr Eden
Woon (front, right) and Deputy Chairman of Hubei CCPIT Chen Yiyun (front, left).
Earlier in the day, Dr Woon had attended the Hubei-Hong Kong Economic
Cooperation Fair, and the Wuhan Investment Environment Introduction and Projects Promotion
Fair as a VIP guest as the Chamber is a co-organiser of both fairs. |
Americas
A six-member Mexican delegation
visited the Chamber on April 16 for a business-matching meeting with members. Eva Chow,
chief of International Business, briefed the delegates on the role of the Chamber before
member companies discussed possible business cooperation opportunities with the visitors.
Consul General Julio Alberto Ocampo of
Peru visited the Chamber on May 9 with a five-member delegation for a
business-matching meeting with members, and was received by Eva Chow, chief of
International Business.
Asia/Africa
Bangladeshi Commerce Minister
Amir Khosru M Chowdhury introduced the investment climate of his country at a special
business briefing meeting for members on April 18. The minister, who was very candid,
pointed out that Bangladesh has many duty-free access agreements with the worlds major
markets and that all of its industries -- except arms -- are open to foreign investment.
Listen
>> 
The Asia/Africa Committee
organised a fellowship evening at the Chamber's Happy Valley Race Box on April 24.
Committee Chairman Deborah Annells and Vice Chairman Manohar Chugh welcomed members who
had a very enjoyable evening.
An Indian delegation visited
the Chamber of April 25 for a business-matching meeting with members. The 12-member
delegation, which was received by Eva Chow, chief of International Business, discussed
possible business cooperation opportunities in the machine tool market in Bangalor.
Donald Hanna, managing director
and head of Economic and Market Analysis, Salomon Smith Barney HK Ltd, shared with members
at the Chamber's April 30 workshop his insightful analysis of the Middle East crisis and
the implications of rising oil prices on the Hong Kong and global economy.
Listen >>
Slide Presentation >>
South African Department of Trade and
Industry Director Iqbal Sharma, and other officials from his department, met the
Chamber's Chief Economist, Ian Perkin, on May 2. Mr Perkin discussed with the visitors
China's recent WTO entry and its implications on Hong Kong, Asia and the world. The
visitors were also briefed on the progress of the Mainland/HK CEPA consultation. Mr Sharma
said he was keen to establish closer cooperation with the HKGCC in the future.
Federation of Indian Chambers of Commerce and Industry
(FICCI) President R S Lodha (left), and Secretary General Dr Amit Mitra, met
Chamber Chairman Christopher Cheng (right) and Director Dr Eden Woon on May 9. The two
sides discussed mutual co-operation between the two business organisations in the areas of
joint publication, business outsourcing, regional cooperation and participation in
programmes organised by the two parties. HKGCC also co-organised a cocktail reception for
the FICCI delegation with HKTDC and the Indian Chamber of Commerce in Hong Kong later in
the evening to provide an opportunity for members to mingle with their Indian
counterparts.
China
Guilin Deputy Mayor Chen Jianjun
met Chamber Director Dr Eden Woon on April 22. Mr Chen outlined the advantages of
investing in Guilin -- one of China's most attractive tourist cities -- and said he hoped
that the Chamber would organise a mission to the city in the future.
Jilin Province Deputy Secretary-General Xu Daxin
called on the Chamber on April 25 to promote "Hong Kong-Jilin Week," which will
be held in November 2002. Chamber Director Dr Eden Woon said the Chamber would help
support the event and that he looked forward to strengthening relations between the
Chamber and Jilin Province.
Department of Foreign Trade and
Economic Cooperation of Guangdong Province Deputy Director General Zhao Yufang,
and Division Chief Song Xiaojun, briefed members at an informal meeting at the Chamber on
April 15 about the details of the "Seminar on Economic, Technology Cooperation &
Trade between Guangdong, China and Germany." The seminar will be held in Frankfurt,
Germany, on June 13, 2002.
Chamber Director Dr Eden Woon
was among the VIP guests invited to attend the "Business Symposium of Guangdong-Hong
Kong Economic, Technology and Trade Cooperation" on May 13. The Chamber was one of
the co-organisers of the symposium.
The Guangdong delegation, led by Guangdong Vice Governor Tang Bingquan and Secretary
General Chen Jan comprised of high-level officials in charge of customs inspection,
taxation, foreign exchange, development and planning, trade, industry and commerce, and
land and labour in Guangdong Province. In the afternoon, Chamber Chairman Christopher
Cheng participated in the high-level Guangdong-Hong Kong Business Roundtable chaired by
Governor Tang. The chairman raised issues such as Guangdong's role in the Mainland / Hong
Kong Closer Economic Partnership Arrangement and cooperation and economic integration
between Hong Kong and Guangdong
Party Secretary of Zhuhai City's
Xiangzhou District, Qiu Shuhong, called on the Chamber on May 14. Xiangzhou,
which is the largest district in Zhuhai City, is focusing on developing its service
industries and its government would like to foster closer connections with the Chamber, Mr
Qiu said.
At the 2002 Anhui (Hong Kong) Trade
and Investment Fair, held on May 14, Chamber Director Dr Eden Woon gave a speech
in which he encouraged more investors to explore opportunities in Anhui Province. He also
shared with participants his experience from the recent Chamber mission to Henan and
Anhui.
Denis Brock, managing partner,
and Ariel Ye, registered foreign lawyer, of CliffordChance, spoke at the Chamber's May 8
roundtable luncheon on "PRC Dispute Resolution." The speakers provided a frank
assessment of the legal system in China and shared with participants their experiences in
handling litigation in China.
Listen >> 
e-Committee
Elizabeth Quat was elected
Chairman of the e-Committee at its May 9 meeting, while Jonathan Cheng and Graham Brant
were elected Vice Chairmen. The committee expressed its gratitude to both Cindy Cheng and
Yolanda Chan for their great leadership role in steering the committee in past years. Ms
Quat stressed her working plan for 2002 involves raising IT awareness in Hong Kong, and
supporting business development for IT companies.
Europe
Executive Director of the Hong Kong
Association in the UK Captain Robert Guy met on May 6 the Chamber's Europe
Committee Chairman David Rimmer, who updated him on the latest economic developments in
Hong Kong and the role of the Chamber. Mr Guy took over as Executive Director of the Hong
Kong Association in January 2002.
David Rimmer (right) was
re-elected Europe Committee Chairman at the committee's meeting on May 14, while Paul
Clerc Renaud and Michael Lintern-Smith were also re-elected as Vice Chairmen.
The meeting was followed by a roundtable luncheon on "Foreign Trade and Investment in
Ukraine" at which Yevgen Andrukhovskyi (centre), trade representative, and Victor F
Shkuro (left), economic counsellor of the Embassy of Ukraine in Beijing, answered members'
questions in great detail about the business and investment climate in the country.
Listen >> 
PBEC
Peter Van de Velde, senior
client partner (Board Services), Korn/Ferry International Australia, spoke at a PBEC Hong
Kong luncheon on "Board Effectiveness and the Non-executive Director" on May 14.
HKTBCC
Deputy Secretary-General of Taiwan
Federation of Industries Cai Hongming met with Chamber Director Dr Eden Woon, and
International Business Chief Eva Chow on April 23. Taiwan Federation of Industries is
HKGCC's counterpart of the Hong Kong-Taipei Business Cooperation Committee. Dr Woon
briefed Mr Cai on the progress of the CEPA consultation between the HKSAR and Central
governments.
Environment
Chamber Manager Thinex Shek
attended the Eco-Business Award Organising Committee meeting on May 14 to prepare for the
new round of the award. The Chamber is an organiser of the award together with Environment
Campaign Committee and the HKPC. On April 16, the Chamber submitted a report to the
organising committee commenting on the last award scheme and offering suggestions on the
way forward.
Industry and
Technology
The Organising Committee of the Hong
Kong Award for Services -- Innovation, of which the Chamber is the leading
organiser, met on April 17 to discuss ideas for promoting the award. Among other things,
the committee agreed to organise a University Students Business Innovation Contest as part
of the promotion programme.
Small and Medium
Enterprises
The Chamber submitted its comments on April 16
to the government on the SME Business Installations and Equipment Loan Guarantee
Scheme. A separate submission was also made on the Chamber's comments on the Mentorship Programme for SMEs, organised by the
government. |