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Meet the New Chairman

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Busy year for your Chamber

Productive year for China Committee

'Wasting no opportunities'

Special Features 
What does SARS mean
for China?

O'Rear's View 
Targeting travel and tourism

China Economic Update
Tidying up the books

Business
Reinvigorate, Relaunch, and Rebuild Hong Kong

SARS Relief

Simpson Marine

Rewarding innovation

Chamber Programmes
Mission to Guangdong

Chamber Programmes

Challenges and Changes in US-Hong Kong Relations

Chamber Visits Cyberport

Chamber in Action

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                                         June 2003 Issue

Meet the New Chairman

For a man who spent a number of his childhood years in France and Germany, laid the foundations of his career in Japan and Saudi Arabia, and visits Singapore, Malaysia and Indonesia almost monthly, the Chamber's newly elected Chairman, Anthony Nightingale, says there is no place like Hong Kong. The Bulletin Editor Malcolm Ainsworth spoke with the new Chairman about his career, Hong Kong's economic prospects and the current challenges the territory faces. Following are excerpts from that interview.   More >>

Busy year for your Chamber

This is a very challenging time for Hong Kong. Only a few weeks ago we anticipated a steady recovery in our economy and progress in stabilising prices. But since the onset of the SARS epidemic, many of our near-term assumptions have had to be shelved, and it is now clear that the ordering of the Chamber's priorities -- indeed, those of Hong Kong as a whole -- need to be revised.   More >>

Reinvigorate, Relaunch, and Rebuild Hong Kong

With the end of the current SARS crisis in sight, the Chamber on May 12 proposed to government a three-phased plan to re-build Hong Kong and to reinforce its leading position as Asia's World City. The campaign should be divided into three phases: "Reinvigorate, Relaunch, and Rebuild" and take place over "5 weeks, 5 months, and 5 years," corresponding to the immediate, short-term and long-term horizons. Following is the complete submission.   More >>

What does SARS mean
for China?

Since November 2002, Severe Acute Respiratory Syndrome (SARS) has infected over 7,300 people in 30 countries and has killed 514 as of May 25. [m1]Beyond the human toll, it is wreaking significant economic damage across Asia. The Asian Development Bank estimates that East Asia could lose nearly 28 billion dollars in income and output if SARS is not controlled by September. Under such a scenario, aggregate 2003 GDP growth in China, Hong Kong, South Korea, and Taiwan would be cut from 5.6 percent (pre-SARS) to 4.7 percent, while growth in Southeast Asia would drop from 4.0 percent to 2.5 percent.   More >>

Tidying up the books

Statistics compiled by China's National Bureau of Statistics have always painted a rosy picture of the Mainland's economy, but the accuracy of its data is often questioned. According to official statistics, China's year-on-year gross domestic product (GDP) in 2001 reached a healthy 7.3 percent. Western economists, however, estimate that it should have grown at the most by 5 percent. That said, foreign companies -- despite doubting China's economic data -- are still eager to enter the Mainland market to benefit from its strong growth.   More >>

Mission to Guangdong

Chamber leads first business delegation to Guangdong since SARS outbreak to show the world that it is business as usual in the PRD

Just three days before the World Health Organization lifted its travel advisory against Hong Kong and Guangdong on May 23, the Chamber led the first Hong Kong business delegation to visit Guangdong since the SARS outbreak.  More >>

Challenges and Changes in US-Hong Kong Relations

The SARS crisis has seriously challenged Hong Kong, but signs on the street suggest that Hong Kong people are getting on with their lives

The Year of the Sheep got off to a rather ominous start. We had both war and pestilence in quick succession, and both dealt blows to Hong Kong's economy. Neither the SARS outbreak nor the conflict in Iraq has been fully resolved, though great progress has been made. SARS presents a severe challenge, but Hong Kong is working hard to overcome it.   More >>

Chamber Visits Cyberport

Fifty members saw firsthand how Hong Kong's flagship IT development project was progressing during a half-day tour to Cyberport on April 29.

Covering 24 hectares, Phase One of the HK$15.8 billion project at Telegraph Bay is scheduled for completion by the end of 2004. The main Cyberport building provides about 100,000 square meters of grade-A intelligent office space, 27,000 square metres of retail space, and a 173-room Le Meridian Hotel.   More >>

Rewarding innovation

Call for Entries for the 2003 Hong Kong Award for Services: Innovation

The Hong Kong General Chamber of Commerce is inviting entries for the Innovation Category Award of the 2003 Hong Kong Awards for Ser-vices. The Chamber launched the Hong Kong Awards for Services in 1997, which has become the "Oscars" of the service industries, to promote excellence in the sector.  More >>

Simpson Marine

Mike Simpson left the British Army in 1971 to spend the next nine to ten years of his life doing what he loves most, climbing and sailing in far off places that he used to only dream about. Then, in 1980, he travelled to Taiwan to turn a life-long ambition into reality.  More >>

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Management Enrichment Series: Enterprise Risk Management   "Meet the Ministers" Town Hall Forum Series: The Hon Rita Lau Ng Wai-lan, JP, Secretary for Commerce and Economic Development   Taking the Economic Pulse Roundtable Luncheon: Outlook of the Financial Markets in Asia   Pre-address Forum - Conversation with The Chamber's Chairman and CEO on the Chief Executive's 2008-09 Policy Address   Breakfast Seminar: An Insider’s Guide on 2009-2010 F/W Global Fashion Trend + 2010 S/S Early Color more >>

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