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Services: The Driver for the Global Economy
Globalization & Liberalization - The China Market - The New Economy
Tentative Program (Preliminary)
Main theme:
Services: The Driver for the Global Economy

Sub-themes:
(1) Globalization & liberalization
(2) The China market
(3) The new economy

Program structure:
The overall program structure is as follows.

  Sept 19, 2001
Wednesday
Sept 20, 2001
Thursday
Sept 21, 2001
Friday
AM   Opening Plenary
The Challenges of Globalization
Plenary III:
Reporting Back Session

 

    Breakout Session I
  • The GATS Negotiating Agenda
  • Servicing the China Market
  • Current Development in e-commerce & e-business
  • Travel & Tourism
  • Film & Entertainment Services
Plenary IV
The Challenge of the New Economy
Noon   Luncheon Keynote Concluding Luncheon
PM Associated Meetings
  • Global Services Network Meeting (by invitation)
  • Academic Forum on Services & Development
Plenary II
China Service Sectors in the Globalized economy
Associated Meetings
  • Financial Leaders Group (by invitation)
  • Global Services Network meeting (by invitation)
  Breakout Session II
  • Development in Modern Distribution & Logistics
  • Financial Services, Insurance & Pension
  • Strategies for Promoting Services Trade & Investment
  • Telecommunications
  • Professional Services and Movement of People
Evening Cocktail Reception Congress Dinner  

Session Synopses

Plenary Sessions

The Challenges of Globalization
This session deals with the challenges of a globalized economy. It will examine the role of services in the globalized economy and address issues such as the effects of globalization and market access on economic development, its impact on local industries and SMEs, the challenges to productivity and competitive efficiency, and the implications for multilateral trade liberalization.

China Service Sectors in the Globalized economy
This session will examine the services sectors of the People's Republic of China, particularly in the context of the latter's impending entry to the World Trade Organization. The role of the service industries as a growth and employment engine for China will be examined, as will the implications of trade liberalization and regional development. The opportunities and pressure points from specific service sectors of interest will also be discussed.

The Challenges of the New Economy
This session will discuss the "next stage" of the Internet revolution and examine how services liberalization can be further taken forward in a globalizing world where business transactions are being rapidly advanced through modern technology. Some of the questions that will be addressed include: Does trade policy need to be redefined in the Internet era? Can e-commerce be regulated?

Reporting Back Session
This will be the reporting-back plenary for the breakout-sessions, which will produce the Congress' policy recommendations. The chairs of the selected breakout groups will each give a three-minute summary of the main points from the groups' deliberation, followed by commentaries and open discussion.

Breakout Sessions

A wide range of topics will be examined during breakout sessions. The topics relate to one or more of the core themes of the Congress: globalization, China and the new economy. Some of these breakout groups will produce policy recommendations which the moderators will present to the Reporting Back Session.

The GATS Negotiating Agenda
To discuss the key topics to be addressed in the negotiations of the General Agreement on Trade in Services; such as trade and regulatory reform, national treatment, modes of delivery, etc., now that the preparatory phase of "Services 2000" is over. How the GATS relates to the other negotiations within the WTO will also be examined.

Servicing the China Market
To share experiences on the opportunities and obstacles arising from the huge and diversified services market in Mainland China. In China's Tenth Five-Year Plan, the development of the "tertiary industries" has been given a prominent place, as has the opening of the vast inland region. These industries would generate great opportunities and challenges for international businesses.

Current Development in E-Commerce and E-Business
To examine, from a business perspective, the impact of the Internet on the development of the service industries, including trade and investment in services, especially for emerging economies like Mainland China. The desirability and feasibility of global regulation of e-commerce will also be examined.

Travel and Tourism
To share experiences on the prospects and challenges for the growing travel and tourism markets, particularly in the emerging markets; the interaction between new technology and old attractions; the barriers to their development and the ways of overcoming these barriers.

Film and Entertainment Services
To examine the trade prospects of the fast growing film and entertainment industries and the wide range of related services sectors involved in production, distribution, infrastructure, programming, content provision, etc., and to discuss their linkage with other technology and information industries.

Development in Modern Distribution and Logistics
To examine how modernization of distribution, logistics and supply chain management is changing the way business and commerce is conducted. There will be an emphasis on the large potential market in Mainland China and the application of "new economy" methods in the distribution industries.

Financial Services, Insurance and Pension
To consider the business implications and the social and public policy issues arising from the increasing need for insurance, retirement, pension and related asset management services, and to share experiences between advanced and emerging economies in this growing industry.

Strategies for Promoting Services Trade and Investment
To share experiences on the barriers to promotion of investment and trade in services, given the wide-ranging and less tangible nature of services. The strategies for overcoming these barriers will also be examined.

Telecommunications
To examine how the global regulatory framework for telecommunications should be further developed in the face of a rapidly changing industry landscape.

Liberalisation of professional services
To examine the relevance of trade policy for cross-border professional services, the impact of changing forms of professional service delivery (such as multidisciplinary practices), and the barriers to free movement of professionals.

Associated Meetings (subject to confirmation)

Global Services Network Meeting (by invitation)
Meeting of the core members of the Global Services Network.

Financial Leaders Group meeting (by invitation)
Meeting of the Financial Leaders Group, a high-level international group of financial leaders coordinated by the Trans-Atlantic members of the Global Services Network, to discuss issues such as barriers to trade in financial services, transparency, domestic regulation, data privacy, and others.

Academic Forums on Services & Development
To provide an opportunity for the exchange of views between the academic and business communities on pertinent issues related to globalization, China and the "new economy".


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Participation in the WSC


Hong Kong Coalition of Service Industries
The Service Policy Think Tank of
The Hong Kong General Chamber of Commerce

22/F, United Centre, 95 Queensway, Hong Kong
Tel: (852) 2529 9229   Fax: (852) 2527 9843
Email: wsc@chamber.org.hk  Web page: http://www.chamber.org.hk/wsc