China CommitteeCommittee Activities

Meeting with the China Chamber of International Commerce

Xu Liang, Deputy Secretary-General of the China Chamber of International Commerce (CCOIC), visited the Chamber on 11 April to discuss the upcoming APEC China Business Council Hong Kong Forum. 

Organized by CCOIC and supported by HKGCC, the forum will be held on 22 April in Hong Kong with speakers and experts from different business sectors, including HKGCC Chairman Betty Yuen. In his meeting with Director of Policy & Research Wendy Lam, Xu suggested further cooperation between the two chambers as well as jointly organizing more events for members.

China's Two Sessions 2024: Dialogue with CPPCC National Committee Members and Deputy to National People's Congress

The 2024 Annual Sessions of the National People's Congress and the Chinese People's Political Consultative Conference (Two Sessions) were held on 4 and 5 March in Beijing. At a roundtable luncheon on 27 March, senior Chamber members who are HKSAR Members of the National Committee of CPPCC, and HKSAR Deputy to the National People’s Congress, shared with members the key takeaways of these meetings and share their thoughts on the plans for China’s economic and social development in the year ahead.

Speaker(s):

Agnes Chan, Deputy Chairman, HKGCC; HKSAR Member of the National Committee of CPPCC

PC Yu, General Committee Member; HKSAR Member of the National Committee of CPPCC

Nick Chan, Chairman of the Chamber's Legal Committee; HKSAR Deputy to National People's Congress

David Lie, Former Chamber's General Committee Member, Member of the CPPCC National Committee

China Committee Meeting

Maisie Chan, Commissioner for the Development of the Greater Bay Area, updated members on the latest developments in the GBA at a committee meeting on 14 March. Chan said Hong Kong could provide world-class professional services and an experienced workforce to help enterprises develop business there. The city was also a strategic springboard for overseas start-ups and enterprises looking to enter the GBA.

China: Navigating 2024 Amid Geopolitical Uncertainty

The world has never been more connected economically. However, amid rising geopolitical tensions, greater inflationary pressures, a global pandemic and wars, this may no longer be possible. Recent data points to a persistently uneven recovery, with notable imbalances between consumption and production, public and private investment, manufacturing and services, new and old economy sectors etc.

At a seminar on 6 March, Bernard Aw, Chief Economist of Coface for Asia Pacific and Junyu Tan, Regional Economist for North Asia shared their insights on the outlook of the global and China economies in 2024.

Meeting with the Minister of the United Front Work Department of Haikou

Chen Weidong, Minister of the United Front Work Department of Haikou, visited the Chamber on 1 March, where they were received by Eric Fok, General Committee Member and China Committee Chairman.

Chen Weidong introduced the recent development of Haikou. He mentioned that the population of Haikou is around 3 million, however, there were over 1 million new registered companies in the region last year. To attract more foreign investors, the local government has been actively improving the business environment.

Guangdong Seminar

Zhang Jinsong, Director General of Guangdong’s Department of Commerce, gave an introduction to the latest economic situation and related policies at the “Guangdong Seminar” on 20 February. Chamber Deputy Chairman, Agnes Chan, representatives of international chambers and members also attended the event, which was organized by the Department of Commerce of Guangdong Province and supported by HKGCC.

Amendments to China's Company Law

China passed amendments to the country’s Company Law last December, with the changes due to take effect from 1 July this year. The amendments were adopted during the seventh meeting of the Standing Committee of the 14th National People’s Congress. With companies in the Mainland preparing to revise their articles of incorporation before 1 July to accommodate the changes, Yan Mingcheng, Partner, Zhong Lun Law Firm LLP, shared his expertise on the subject during a seminar on 2 February.

China National Study Programme

The Chamber successfully held its first China National Study Programme at the Bauhinia Academy, Shenzhen Zijing Villa from 31 January -1 February. A total of 25 members joined the programme to learn about the country’s overall development as well as opportunities for growth.

Hong Kong and Macao Affairs Office, Shenzhen Municipal Government Visited

Lirong, Deputy Director, Hong Kong and Macao Affairs Office, Shenzhen Municipal Government, met CEO Patrick Yeung at the Chamber on 31 January. The two sides discussed ways to draw on Hong Kong’s international connections to promote cooperation between Hong Kong and Shenzhen.

Digital Economy Opportunities in Fuzhou

Cheng Xueying, Deputy General Director of the Fuzhou Municipal Bureau of Commerce, outlined the latest developments in the city’s digital economy at the “Digital Economy Opportunities in Fuzhou” seminar on 25 January. China Committee Vice Chairman Felix Lee and members joined the event, which was organized by the Fuzhou Municipal Bureau of Commerce and supported by HKGCC and PwC Hong Kong. Cheng also invited attendees to the 6th Digital China Summit that will be held in Fuzhou this April.