The Bulletin

China in Focus

The Bulletin. May 2024

China Connections

Xu Liang, Deputy Secretary-General of the China Chamber of International Commerce (CCOIC), visited the Chamber on 11 April to discuss the APEC China Business Council Hong Kong Forum. Organized by CCOIC and supported by HKGCC, the forum was held on 21-22 April in Hong Kong with speakers and experts from different business sectors, including HKGCC Chairman Betty Yuen. In a meeting with Wendy Lam, the Chamber’s Director of Policy & Research, Xu suggested further cooperation between the two chambers as well as jointly organizing more events for members.

At a symposium on “Promotion and Protection of Hong Kong and Macao Investments in Jiangsu Province Ordinance” on 11 April, Fan Jinlong, Executive Vice Chairman of The Standing Committee of Jiangsu Provincial People’s Congress, explained the latest amendments to the Ordinance as well as other relevant information to Hong Kong’s business community.
He explained that Jiangsu took the lead in promulgating the Ordinance in 2014. In 2022, a decision was made to amend the Ordinance, which remains the only local regulation in the country concerning investment in Hong Kong and Macao. It serves as an important measure for the implementation of the Party Central Committee’s decisions on expanding high-level opening-up as well as the requirements of the provincial party committee’s deployment. Several Chamber members joined the symposium.

Yin Xiaomin, Deputy Director of the Hong Kong and Macao Affairs Office, Shandong Provincial Government, visited the Chamber on 15 April. General Committee Member Emil Yu received the delegation, which included the directors of the Taiwan, Hong Kong and Macao Affairs offices in Jinan, Yantai, Weifang, and Liaocheng, respectively. Discussions included updates on the economic and social development in these cities as well as potential investment by Hong Kong enterprises.

Chamber CEO Patrick Yeung attended a networking reception at the Canton Fair in Guangzhou on 14 April. He had a friendly exchange with Chu Shijia, Deputy Director and Secretary-General of the Canton Fair, Secretary of the CPC Committee of China Foreign Trade Centre (CFTC), as well as leaders from the Guangdong Provincial Department of Commerce.
Chu said the fair was strongly supported by the industrial and commercial sectors of Hong Kong and Macao, whose pavilions attracted a high number of buyers. He hoped that these sectors would leverage their unique advantages, make good use of the fair as a platform to leverage further development, and boost the high-level opening up and development of the Greater Bay Area.
This year’s edition of the Canton Fair also showcased the latest developments in China’s new productive forces while actively promoting global trade.

It was a pleasure to welcome Zhang Zhisong, second-level inspector from the Municipal Science and Technology Commission and the Zhongguancun Administrative Committee, to the Chamber on 16 April. In a meeting with SH Chan, Vice Chairman of the Chamber’s China Committee, Zhang said 12 science and tech companies from Zhongguancun were participating in InnoEX 2024, in the fields of life science and medicine, energy saving and environmental protection, as well as AI. Chan expressed hope that these enterprises would leverage Hong Kong’s strengths in the professional services sector and its status as a global financial centre to promote their business and services worldwide.

China Committee

At the “Promotion and Protection of Hong Kong and Macao Investments in Jiangsu Province Ordinance” symposium on 11 April, Fan Jinlong, Executive Vice Chairman of The Standing Committee of Jiangsu Provincial People’s Congress, explained the latest amendments to the Ordinance as well as other relevant information to Hong Kong’s business community.

He explained that Jiangsu took the lead in promulgating the Ordinance in 2014. In 2022, a decision was made to amend the Ordinance, which remains the only local regulation in the country concerning investment in Hong Kong and Macao. It serves as an important measure for the implementation of the Party Central Committee’s decisions on expanding high-level opening-up as well as the requirements of the provincial party committee’s deployment. Several Chamber members joined the symposium.

Xu Liang, Deputy Secretary-General of the China Chamber of International Commerce (CCOIC), visited the Chamber on 11 April to discuss the APEC China Business Council Hong Kong Forum. Organized by CCOIC and supported by HKGCC, the forum was held on 21-22 April in Hong Kong with speakers and experts from different business sectors, including HKGCC Chairman Betty Yuen. In a meeting with Wendy Lam, the Chamber’s Director of Policy & Research, Xu suggested further cooperation between the two chambers as well as jointly organizing more events for members.

Yin Xiaomin, Deputy Director of the Hong Kong and Macao Affairs Office, Shandong Provincial Government, visited the Chamber on 15 April. General Committee Member Emil Yu received the delegation, which included the directors of the Taiwan, Hong Kong and Macao Affairs offices in Jinan, Yantai, Weifang, and Liaocheng, respectively. Discussions included updates on the economic and social development in these cities as well as potential investment by Hong Kong enterprises.

Chamber CEO Patrick Yeung attended a networking reception at the Canton Fair in Guangzhou on 14 April. He had a friendly exchange with Chu Shijia, Deputy Director and Secretary-General of the Canton Fair, Secretary of the CPC Committee of China Foreign Trade Centre (CFTC), as well as leaders from the Guangdong Provincial Department of Commerce.

Chu said the fair was strongly supported by the industrial and commercial sectors of Hong Kong and Macao, whose pavilions attracted a high number of buyers. He hoped that these sectors would leverage their unique advantages, make good use of the fair as a platform to leverage further development, and boost the high-level opening up and development of the Greater Bay Area.

This year’s edition of the Canton Fair also showcased the latest developments in China’s new productive forces while actively promoting global trade.

It was a pleasure to welcome Zhang Zhisong, second-level inspector from the Municipal Science and Technology Commission and the Zhongguancun Administrative Committee, to the Chamber on 16 April. In a meeting with SH Chan, Vice Chairman of the Chamber’s China Committee, Zhang said 12 science and tech companies from Zhongguancun were participating in InnoEX 2024, in the fields of life science and medicine, energy saving and environmental protection, as well as AI. Chan expressed hope that these enterprises would leverage Hong Kong’s strengths in the professional services sector and its status as a global financial centre to promote their business and services worldwide.

GBA Working Group

The GBA Working Group consolidated its members’ suggestions for the further development of the Greater Bay Area and submitted the proposals to Maisie Chan, Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area, on 17 April.

Top