NEWS Summer 2013 issued by the Hong Kong economic and trade offi ce, Brussels

Financial Secretary at Europe Day reception :

“Hong Kong has a major role to play in promoting relations between the Mainland of China and the EU”. Page 2

Hong Kong and ASEAN pursue Free Trade Agreement

The bilateral agreement would be in line with Hong Kong’s strategic goal of strengthening its partnership with the 10 member states of ASEAN. Page 10

Hong Kong gripped by duck fever

A 16.5 - metre Rubber Duck, as tall as a six - storey building, made the real ships sailing alongside it in Victoria Harbour look like the toys. Back cover co - operation with europe

Financial Secretary John Tsang welcomed the EU’s new representative in Hong Kong, Mr Vincent Piket (right) and stressed Hong Kong’s role in promoting relations between China and the EU. Hong Kong has major role to play in promoting relations between the EU and Mainland China, Financial Secretary says at Europe Day reception

The Financial Secretary, Mr John Tsang, attended the Europe Hong Kong Economic and Trade Offices in EU Member Day reception in Hong Kong on 9 May. States, including in the EU’s de facto capital city, Brussels.

Mr Tsang extended a warm welcome to Hong Kong to Mr Tsang underlined that Hong Kong has an important Mr Vincent Piket, who in September became the new Head part to play in promoting relations between the EU and of the Office of the European Union to Hong Kong and Macao, the Mainland of China. This bilateral relationship was the which is celebrating its 20 th anniversary this year. Mr Tsang focus of the Vice President of the European Commission wished him a happy and fruitful time during his tenure. Catherine Ashton’s visit to Beijing in April. Vice President Ashton also visited Hong Kong in July 2012 and met with “Not only is this Mr Piket’s first Europe Day reception with Chief Executive CY Leung, just days into the current - term us, it is also the first since the EU was awarded the Nobel HKSAR Government. Peace Prize last December for helping to, and I would like to quote from Chairman Jagland of the Nobel Peace Prize Hong Kong is currently working to promote financial Committee, ‘transform most of Europe from a continent of connectivity through the liberalisation of the Mainland war to a continent of peace’”, Mr Tsang said. currency, the Renminbi. Financial centres across Europe can take full advantage of Hong Kong’s unique position The Financial Secretary noted that Hong Kong enjoys as China’s global financial centre and hub for offshore close historical trade and cultural links with Europe that Renminbi business. date back well beyond the 1950 Schuman Declaration. As a bloc, the EU is Hong Kong’s second largest trading Apart from business and finance, the HKSAR Government partner after the Mainland of China. In 2012, the total also looked forward to building on Hong Kong’s close value of bilateral trade between Hong Kong and the relations with Europe through stronger co - operation on EU was some EUR 64 billion. The Hong Kong Special innovation and technology, arts and culture, education Administrative Region (HKSAR) Government has three and the environment.

2 Hong Kong News Summer 2013 Hong Kong and The Netherlands to NEWS Summer 2013 collaborate on Contents waste management

co - operation witn europe Hong Kong has major role to play in promoting eu-Mainland china relations, Financial secretary says at europe Day reception 2 Hong Kong and the netherlands to collaborate on waste management 3 secretary for commerce and economic Development visits Belgium and France 4 secretary for transport and Housing leads LogscounciL delegation on visit to Belgium and italy 6 Le French May celebrated its 21st edition in Hong Kong - “amazing Bourgogne” shone as this year’s partner region 8 chief executive meets prime Minister of romania 10 Hong Kong and France sign working Holiday scheme agreement 11 Business & Finance Hong Kong and asean pursue free trade agreement 10 The Secretary for the Environment, Mr Wong Kam - sing and the Minister for Hong Kong positions itself as an intellectual property trading hub 12 Foreign Trade and Development Cooperation, Mrs Lilianne Ploumen, shake Hong Kong ranks third in FDi infl ows amid global contraction 13 hands after signing a Statement of Intent on waste management collaboration Hong Kong to enhance tax information exchange with other between Hong Kong and the Netherlands jurisdictions to meet international transparency standard 13 inward investment to Hong Kong at all-time high amid challenging global conditions 14 Hong Kong and The Netherlands have agreed to work enVironMent together on waste management to jointly address Financial secretary welcomes launch of Hong Kong’s fi rst all-electric taxi fl eet 14 global environmental challenges of mutual concern. Hong Kong in close co-operation with guangdong on climate change 15 government unveils 10-year waste management plan 16 During her visit to Hong Kong on 6 May, Minister for inFrastructure Foreign Trade and Development Cooperation of The Building design team chosen for Hong Kong museum M+ 17 Netherlands, Mrs Lilianne Ploumen, and Hong Kong’s offi cial opening of Kai tak cruise terminal 18 Secretary for the Environment, Mr Wong Kam - sing, eDucation signed a Statement of Intent on waste management HKeto, Brussels promotes Hong Kong’s higher education opportunities collaboration between Hong Kong and the Netherlands. to Dutch students 19 Hong Kong students visit eu institutions under eu academic programme 20 The Statement outlines the common goals and think Young organises entrepreneurship summer school in Hong Kong 20 objectives and will serve as a foundation for Belgium-Hong Kong society education Fund invites applications 20 collaboration between the two parties. Both parties premises allocated for international schools 23 will co - operate on mutually determined waste issues innoVation anD Design through the interaction of government, industry, i.Dummy of the Hong Kong polytechnic university a breakthrough in education and research institutions. mannequin technology 21 cineMa The Statement also covers collaboration in enhancing udine Far east Film Festival pays tribute to Hong Kong cinema 21 information exchange ; training and experience sharing on Bruce Lee exhibition at Hong Kong’s Heritage Museum 22 the formulation, development and implementation of waste FortHcoMing eVents policy ; management plans ; recycling networks and facilities ; upcoming events in europe and in Hong Kong 23 regulatory and economic instruments ; waste - to - energy and art other treatment and disposal facilities. Huge success for inaugural edition of art Basel Hong Kong 18 Hong Kong gripped by duck fever 24 Both parties agreed to build on existing collaboration in the exchange of scientifi c studies and technological developments, and to share expertise and strategies to maximise resource recovery and minimise waste disposal.

Hong Kong news Summer 2013 3 Secretary for Commerce and Economic Development visits Belgium and France

Secretary for Commerce and Economic Development Mr Gregory So attended a luncheon hosted by Belgian Minister of Foreign Affairs, Mr Didier Reynders.

Hong Kong’s Secretary for Commerce and Economic He also seized the opportunity to meet with members Development, Mr Gregory So, visited Belgium and France of the Hong Kong business community in Belgium and from 28 May to 1 June, where he met with European with board members of the Belgium - Hong Kong Society, Commission leaders and senior government and the to update them on the latest economic developments business communities in both countries. in Hong Kong and to listen to their views on operating businesses and working in Belgium and Hong Kong. During his visit to Brussels on 28 May, Mr So attended a luncheon hosted by the Belgian Deputy Prime Minister and Minister of Foreign Affairs, Foreign Trade and European Affairs, Mr Didier Reynders, and met with the Director - General for Communications Networks, Content and Technology of the European Commission, Mr Robert Madelin.

The Secretary had exchanges with Belgium - Hong Kong Society board members on the business environment in Belgium and Hong Kong.

Mr So discussed ICT issues with Mr Robert Madelin, Director - General for Mr So seized the opportunity of his visit to Brussels to host a gathering for Communications Networks, Content and Technology of the European Commission. Hong Kong people studying or working in Belgium.

4 Hong Kong News Summer 2013 Paris Deputy Mayor of Paris Mr Christian Sautter, the First Vice - President of the Regional Council of Burgundy, In Paris on 31 May, Mr So met with Minister of Foreign Mr Michel Neugnot, the Second Vice - President of the Affairs, Mr Laurent Fabius, who had recently returned Regional Council of Burgundy, Ms Safia Otokoré, and from Hong Kong (see page 11), and with the French the Chairman of the France - Hong Kong Association, Minister of Industrial Recovery, Mr Arnaud Montebourg. Mr Didier Balme.

Mr So paid a call on French Minister of Foreign Affairs, Mr Laurent Fabius, Speaking at a business luncheon in Paris, Mr So set out the business who had recently visited Hong Kong and represented France to sign a opportunities that Hong Kong could offer for French companies to gain working holiday scheme agreement with Hong Kong (see page 11). access to the Mainland and Asia markets.

In his speech, Mr So highlighted the existing strong bilateral relations between France and Hong Kong and set out the business opportunities that Hong Kong could offer for French companies to gain access to the Mainland and Asia markets. In particular, he detailed the fast - growing wine trade since Hong Kong removed wine duty in 2008 and the advantages of the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), Hong Kong’s free trade agreement with Mainland China, which provides for preferential treatment for companies domiciled in Mr So (left) exchanged views on issues about commerce and industry with the Hong Kong regardless of their nationality. French Minister of Industrial Recovery, Mr Arnaud Montebourg (centre right). Mr So met with the France - Hong Kong Association and On 29 and 30 May he attended the Ministerial Council with Hong Kong people living in France, to learn about the Meeting (MCM) of the Organisation for Economic latest business and working environment in the country. He Co - operation and Development (OECD) and an Informal gave them an update on the latest economic and business Ministerial Meeting for Members of the World Trade developments in Hong Kong, including the various support Organization (WTO). He addressed the Trade Session of measures by the Government for Hong Kong SMEs and the MCM on the agenda entitled “Global Value Chains, for companies to capitalise on Hong Kong’s role as an Trade and Jobs”, during which ministers discussed intellectual property trading hub in the region. policy measures that could be taken to draw benefits from global value chains and more integrated markets, Before leaving Paris, Mr So visited Schneider Electric, a as well as how to make global value chains accessible French company specialised in green technologies and to all economies. innovations conducive to the development of a smart city, and shared views on how to expand their business In the margins of the MCM, Mr So also attended an informal operations using Hong Kong as one of their key hubs. gathering of Ministers responsible for the WTO Doha Round negotiations. The meeting discussed how to take forward a package including trade facilitation, agriculture and development issues for the Ninth WTO Ministerial Conference to be held in Bali in December this year.

At a business luncheon co - organised by the HKETO, Brussels and the Hong Kong Trade Development Council for political leaders and the business community in France, Mr So addressed over 100 guests, including Mr So met with Hong Kong people living in France.

Hong Kong News Summer 2013 5 Secretary for Transport and Housing leads Hong Kong Logistics Development Council visit to Belgium and Italy

The LOGSCOUNCIL delegation, led by Secretary for Transport and Housing, Professor Anthony Cheung (6 th from left), during its visit to Brussels. Next to him (7 th from left) is Special Representative for Hong Kong Economic and Trade Affairs to the EU, Ms Linda Lai.

The Secretary for Transport and Housing, Professor Professor Cheung also had an exchange with Anthony Cheung Bing - leung, led a Hong Kong Logistics Ms Hilde Crevits, the Minister for Mobility and Public Development Council (LOGSCOUNCIL) delegation on a Works of the Flemish Regional Government. visit to Europe from 10 - 15 June to promote Hong Kong as the regional logistics and value - added services hub, especially for high - value goods. The delegation also came to learn about the latest developments of European ports, air cargo facilities and logistics services. The delegation met with the relevant authorities and key market players in Frankfurt, Brussels, Florence and Milan.

Belgium

In Brussels, Professor Cheung and members of the delegation met with the transport and trade officials of the European Commission. The delegation held a briefing at the Brussels Press Club Europe, followed by a Briefing the audience at the Brussels Press Club Europe are Professor Anthony Cheung luncheon with logistics and supply chain management (centre), Mrs Miriam Lau, Chairman of the LOGSCOUNCIL Subcommittee on Industry companies based in Belgium. Development, and Mr David Kuk, Managing Director of DCH Logistics Company Ltd.

6 Hong Kong News Summer 2013 Professor Cheung (centre), speaking at the seminar “Hong Kong – Global Hub for Made in Italy” in Milan on 14 June. Other keynote speakers included the Chairman and CEO of Oriental Overseas (International) Ltd, Mr Tung Chee - chen (second left), and the Managing Director of DCH Logistics Company Ltd, Mr David Kuk (first left).

Italy

In Florence on 12 June, Professor Cheung met with Members of the LOGSCOUNCIL delegation included the Mr Vincenzo Ceccarelli, Minister for Infrastructure and Chairman and CEO of Orient Overseas (International) Transport of the Tuscany Region. Ltd, Mr Tung Chee - chen ; Legislative Councillor for the transport functional constituency, Mr Frankie Yick ; Professor Cheung took part in two networking dinners Chairman of the LOGSCOUNCIL Subcommittee on and addressed business seminars in Florence and Industry Development, Ms Miriam Lau ; Chief Executive Milan, attended by around 65 and 100 business of GS1 Hong Kong, Ms Anna Lin ; Director of Project leaders respectively, from the field of luxury consumer Development at the College of Humanities and Law of products including wine, food, leather, textile, fashion the School of Professional and Continuing Education, and jewellery, as well as trade organizations and The University of Hong Kong, Mr Leung Kong - yui ; logistics companies. and Managing Director of DCH Logistics Company Ltd, Mr David Kuk. Members of the delegation visited a number of enterprises in Italy in the fields of luxurious fashion and wine to introduce them to Hong Kong’s quality logistics services. The delegation also met with Federvini, the Italian association for wine, spirits, vinegar, syrups The Asian Logistics and Maritime Conference will be held in Hong Kong on and grape juices, to promote Hong Kong’s advantages 7 November 2013. More information at as the regional distribution hub for Italian wine. www.asianlogisticsconference.com/en/index.html

Professor Cheung and the LOGSCOUNCIL delegation were briefed by Mr Andrea Claudio Galluzzo (left), President of the Clothing Section of Confindustria Firenze, during their visit to his leather fashion company La Florens.

Hong Kong News Summer 2013 7 Le French May celebrated its 21 st edition in Hong Kong “Amazing Bourgogne !”shone as this year’s partner region

The Chief Secretary for Administration, Mrs Carrie Lam, and France’s Minister of Foreign Affairs, Mr Laurent Fabius (centre) officiated at the opening ceremony of Le French May at Hong Kong City Hall on 6 May.

Le French May, a major annual event in Hong Kong fashion and culinary arts, and promotes new talented and Macao and the biggest French arts festival in Asia, designers and chefs and their creations. celebrated its 21 st edition this year.

Hong Kong’s Chief Secretary for Administration, Mrs Carrie Lam and France’s visiting Minister of Foreign Affairs, Mr Laurent Fabius, officiated at the opening ceremony on 6 May.

Organised by the Consulate General of France in collaboration with the Alliance Française, with the support of the Leisure and Cultural Services Department of the Hong Kong Government, Le French May includes more than 500 events and presents the widest choice of artistic disciplines, from visual arts to opera, dance, music, theatre and cabaret, as well as cinema. Mrs Lam and Mr Fabius visited the exhibition “Jean Cocteau - Spirit of the 20 th By developing Le French GourMay and Le French Century Parisian Scene”, a highlight of Le French May and a tribute to one of Fashion May, the Festival also invests in the fields of France’s most versatile writers, film directors and artists.

8 Hong Kong News Summer 2013 Hosts and guests at the gala dinner engaged in the traditional “ban bourguignon”.

“Amazing Bourgogne !”. Memorandum of Understanding with Burgundy in 2010 on wine co - operation, there have been growing exchanges Burgundy was honoured as the partner of this year’s between the two places. According to the Burgundy Wine Le French May and Le French GourMay, under the name Board, up to the end of 2012, the share of total Burgundy “Amazing Bourgogne!” wine exports to Hong Kong and Mainland China had increased six - fold compared to 2007. The region brought some its finest wines, most accomplished chefs and best artists to Hong Kong, Mr So also congratulated the Burgundy Regional Council as well as exhibitions showcasing the beauty of its on posting an official representative to Hong Kong, saying stunning landscape and rich, diverse heritage. that the presence of Ms Alice Despujol would help to forge even closer links between Hong Kong and Burgundy. Secretary for Commerce and Economic Development, Mr Gregory So, welcomed the delegation from Burgundy led by Ms Safia Otokoré, Vice - President of the Regional Council of Burgundy responsible for international development. He said it was an honour to reciprocate the fine hospitality received during the “Hong Kong Week in Burgundy” promotion last November.

Three prestigious chefs, Stéphane Derbord, Alexis Billoux and Yves Rebsamen gave demonstrations for trainees and industry peers at Hong Kong’s Hospitality Industry Training and Development Centre, Vocational Training Council. They also led the culinary trainees in the preparation of a Bourgogne - theme dinner.

Secretary for Commerce and Economic Development, Mr Gregory So, and The Vice - President of the Regional Council of Burgundy, responsible for international development, Ms Safia Otokoré, at the gala dinner Paulée de Bourgogne.

Speaking at Burgundy’s gala dinner “Paulée de Bourgogne” on 9 May, Mr So noted that since Hong Kong An exhibition showcasing the natural beauty of the Burgundy region, its wine eliminated duties on wine in 2008 and signed a and its gastronomy attracted over 12 000 visitors.

Hong Kong News Summer 2013 9 Chief Executive meets visiting Prime Minister of Romania, Mr Victor Ponta

Hong Kong’s Chief Executive CY Leung met visiting Romanian Prime Minister Victor Ponta at Government House on 30 June. Mr Leung welcomed Mr Ponta on his visit and noted that Hong Kong and Romania have been enjoying a good bilateral trade relationship. He hoped that the two places would continue to maintain close ties to enhance economic co - operation and cultural exchanges. Mr Leung encouraged Romanian enterprises to make use of Hong Kong as a super - connector between China and other parts of the world, to explore business opportunities on the Mainland as well as the Asia region as a whole.

Hong Kong and ASEAN to pursue Free Trade Agreement

The Secretary for Commerce and Economic Development, Mr Gregory So with Dr Lim Hong Hin, Deputy Secretary - General of the ASEAN Secretariat, during a meeting in Jakarta last November to discuss Hong Kong’s relations with ASEAN. The FTA will enhance trade and investment fl ows between ASEAN and Hong Kong and generate new opportunities for businesses.

Hong Kong and the Association of Southeast Asian Thailand and Vietnam). The ASEAN states are collectively Nations (ASEAN) have agreed to pursue a bilateral Hong Kong’s second largest trading partner for goods and Free Trade Agreement (FTA), the HKSAR Government its fourth for services. announced on 26 April. The Government is now discussing with ASEAN the Secretary for Commerce and Economic Development, preparatory work for formal negotiations. The FTA is Mr Gregory So, said such an agreement would be in expected to cover the elimination and / or reduction line with Hong Kong’s strategic goal of strengthening of tariffs and non - tariff barriers ; preferential rules of its economic partnership with the 10 member states origin ; liberalisation of trade in services ; liberalisation, of ASEAN (Brunei Darussalam, Cambodia, Indonesia, promotion and protection of investment ; and a dispute Laos, Malaysia, Myanmar, the Philippines, Singapore, settlement mechanism.

10 Hong Kong news Summer 2013 Minister of Foreign Affairs Mr Laurent Fabius signs the Working Holiday Scheme Agreement on behalf of France and Secretary for Labour and Welfare Mr Matthew Cheung signs on behalf of the Hong Kong Special Administrative Region, while Hong Kong’s Chief Executive, Mr CY Leung, looks on. Hong Kong and France sign Working Holiday Scheme Agreement

From 1 July 2013, young people in Hong Kong and France • Each employment during the maximum one - year will have the opportunity to broaden their horizons and to stay should not be more than 3 months. gain living and working experience while they are travelling, • The applicant must not be accompanied by thanks to a new agreement which will allow them to stay up dependent family members. to 12 months in France or Hong Kong to take up employment • The applicant must possess a departure ticket or to finance their stay. Two hundred participants from each sufficient funds to purchase such a ticket, and side will benefit from the scheme every year. sufficient funds for his or her maintenance during the period of initial stay in France or Hong Kong. The bilateral Working Holiday Scheme Agreement was • The applicant must hold insurance for medical and signed on 6 May by Secretary for Labour and Welfare, health care for the duration of stay. Mr Matthew Cheung, and France’s Minister of Foreign Affairs, Mr Laurent Fabius, at Government House in Hong Kong. The scheme with France is the eighth bilateral working holiday scheme that Hong Kong has agreed with other The Hong Kong Immigration Department or Consulate places since 2001, coming after similar agreements with General of France in Hong Kong and Macao will issue New Zealand, Australia, Ireland, Germany, Japan, Canada a working holiday visa to a successful applicant from and South Korea. So far, about 30 000 youngsters from France or Hong Kong respectively who meets the Hong Kong and other partner countries have benefited following eligibility criteria, among others : from participating in the schemes.

• The applicant must be a French citizen holding a Details on visa application procedures for Hong Kong applicants can be found valid French passport, or an ordinary resident of via the website of the Consulate General of France in Hong Kong and Macao Hong Kong possessing a valid Hong Kong Special at www.consulfrance - hongkong.org. Administrative Region passport or British National French applicants may contact the Hong Kong Immigration Department by (Overseas) passport. telephone on (+852) 2824 6111 or download the necessary information from • The applicant must be aged between 18 and 30. the department’s website at www.immd.gov.hk.

Hong Kong News Summer 2013 11 Hong Kong positions itself as an Intellectual Property Trading hub

As announced in the Chief Executive’s 2013 Policy technology - related. As a regional platform for technology Address, a Working Group led by Secretary for Commercial trading, Hong Kong exported US$ 1.1 billion in technology Development Gregory So is currently studying an to Mainland China in 2010, ranking Hong Kong sixth in overall strategy for promoting Hong Kong as a regional the world in taking technology to the Mainland. Intellectual Property (IP) trading and management hub and formulating support measures. By bringing Mainland investors and overseas owners together, Hong Kong intermediaries can help manage Intellectual Property includes all forms of original and add value in the trading process. creations of the mind. Copyrights and patents do not only protect the owner of an invention, they are also There are already companies in Hong Kong providing valuable tradeable assets, and the same technology can various intermediary IP services, such as IP brokerages, be sold to many buyers. IP trading refers to the sale, auctions, clearinghouses and exchange companies, and purchase and transfer of IP rights under mutually agreed supporting cross - border IP trading. Recently there have terms and conditions. IP trading may take different been private sector initiatives in setting up online IP trading forms, such as acquisition, licensing, franchising, etc. IP platforms to offer trading and matching services. There will trading may take place between IP owners and IP users also be an increasing need of services such as IP agency, direct. More often, it may cover (1) IP rights to sell ; (2) IP management and consulting, legal advisory, arbitration, IP rights to buy ; and (3) the kind of supporting services accounting, valuation, financing, insurance, etc. that IP intermediaries can provide. The Business of IP (BIP) Asia Forum, jointly organized In a knowledge - based economy, IP has become increasingly by the Hong Kong Trade Development Council and the important to drive innovation and growth. World demand Hong Kong Design Centre, has become one of the most for patents has risen from 800 000 applications in the significant IP events in the region, attracting more than early 1980s to 2 million in 2010. The geographic balance 1 400 participants from 23 countries and regions in 2012, in the demand for IP rights has been shifting towards twice as many as in the inaugural forum in 2011. This Asian countries, especially China. Since overtaking the year, the Government will co - organise the BIP Asia USA in the number of patent applications received Forum, to take it to a new level. in 2011, China has become the global leader in the number of patent, trademark, as well as industrial design The third BIP Asia Forum will be held on 5 - 6 December. applications received. http ://bipasiaforum.com/en/index.htm

IP is also increasingly tradeable across borders – international royalty and licensing fees are CONCEPT OF IP TRADING one example. The growing demand from Mainland China for patents, copyright, licences IP TRADING PLATFORM and trademarks is opening up opportunities for traders and professionals in Hong Kong. Business Opportunities

With its outstanding business environment, rule Acquisition Licensing Franchising of law, own legal system, protection for contracts, robust and strongly - enforced IP regime, and clean Mediation Arbitration and transparent government, Hong Kong is well placed to develop into a regional IP trading hub. Hong Kong’s legislation fully complies with the requirements of the World Trade Organization’s IP INTERMEDIARY SERVICES Patents, AND NETWORKING Patents, Agreement on Trade - Related Aspects of IP Rights. Designs, Designs, Indeed, to many licensors and licensing agents in Consulting Copyright, Brokerage Copyright, mainland China and Southeast Asia, Hong Kong is Trademarks Valuation Trademarks already the preferred location for a regional base. etc Financing etc for sale Legal to buy There is strong interest among Mainland enterprises in acquiring overseas IP, especially

12 Hong Kong News Summer 2013 Hong Kong ranks third in FDI inflows amid global contraction

Hong Kong was ranked third in terms of global Foreign Direct Investment (FDI) inflows in 2012, up from 4 th place in 2011, according to the United Nations Conference on Trade and Development’s (UNCTAD) World Investment Report 2013, released in Hong Kong on 2 June.

According to UNCTAD, FDI flows into Hong Kong exceeded US$75 billion in 2012, compared to a revised US$96 billion in 2011. The report stated that “the situation has been improving since the end of 2012 as strong capital inflows resumed” in Hong Kong. Hong Kong ranked behind the US (US$167.6 billion) and Mainland China (US$121 billion). In terms of outflows, Hong Kong ranked fourth in the world in 2012 with US$83.9 billion outbound investment, behind the US (US$328.8 billion), Japan (US$122.5 billion) and Mainland China (US$84.2 billion) but ahead of the UK (US$71.4 billion).

The Director - General of Investment Promotion at InvestHK, Mr Simon Galpin, noted that against the backdrop of a Director - General of Investment Promotion, Simon Galpin (right) and Dean of global decline in FDI, Hong Kong remains a significant the Faculty of Business Administration at The Chinese University of Hong Kong, conduit for both inbound and outbound investment. Professor Wong Tak Jun (left) holding the latest UNCTAD WIR 2013 Report.

Hong Kong will enhance tax information exchange with other jurisdictions to meet international transparency standard

Hitherto under Hong Kong law (Inland Revenue CDTA network with its trading and investment partners, but Ordinance (Cap. 112)), Hong Kong could only exchange for those jurisdictions which are not interested in signing tax information with another jurisdiction under the CDTAs, Hong Kong will fulfill its international obligation by framework of a comprehensive avoidance of double providing EoI under TIEAs with those jurisdictions. taxation agreement (CDTA) that Hong Kong had entered into with that other jurisdiction. Welcoming the passage of the Inland Revenue (Amendment) Bill 2013, Secretary for Financial Services and the Treasury, A new bill passed by the Legislative Council on 10 July Professor K C Chan said that Hong Kong fully supports efforts will now enable Hong Kong to enter into tax information by the international community to promote transparency exchange agreements (TIEAs) with other jurisdictions and exchange of information in tax administration. The where necessary and to enhance the existing exchange of passage of the Bill signifies a major step forward to enhance information (EoI) arrangements under CDTAs. tax information exchange and to bring Hong Kong on par with the international standard on tax transparency and Hong Kong has so far signed 29 CDTAs, including with co - operation. 11 of its top 20 trading partners. In all the CDTAs signed, an EoI article to fulfill Hong Kong’s international obligation Professor Chan added that the legislative changes passed was included. With the passage of the Bill, Hong Kong also included safeguards to protect taxpayers’ privacy will enhance the existing arrangement in terms of the and confidentiality of information exchanged under both coverage of tax types and the limitation on disclosure of CDTAs and future TIEAs. The safeguards are provided at two information. Hong Kong will continue to strive to expand its levels - in the bilateral agreements and in the domestic law.

Hong Kong News Summer 2013 13 Inward investment to Hong Kong at all time high amid challenging global conditions

In the first half of 2013, Invest Hong Kong (InvestHK) assisted a record 213 overseas and Mainland Chinese companies to set up or expand in Hong Kong.

Presenting the figures on 4 July, Director - General of Investment Promotion, Mr Simon Galpin, said he was encouraged by the interim results, noting that they showed continued strength in inward investment into Spanish chocolate manufacturer Natra announced in April that it would Hong Kong despite challenging global conditions. open a sales office in Hong Kong to prepare for regional expansion. Chief Executive Officer Mr Mikel Beitia said it would allow the company to better The 213 completed projects came from 33 countries. identify business opportunities and consumer trends as well as to build closer Mainland China was the largest single source of investment business relationships with key customers, and directly manage relations into Hong Kong with a total of 51 completed projects, with local distribution networks. followed by Japan (26), the US and the UK (24 projects each) and France (13). For the first time, InvestHK helped business. Mainland companies use Hong Kong as their a Greek company to set up a business in Hong Kong. In springboard to “go global”. Multinationals are choosing terms of jobs created, the 213 companies planned to Hong Kong as the centre for their global operations, and employ 1 576 people in Hong Kong for their first year of the city is also attracting a rising number of entrepreneurs setting up or expansion. from around the world to tap into the opportunities it has to offer. The huge number of visitors to Hong Kong By sub - sector, Hong Kong’s opportunities in the first half provides an instant gauge for overseas investors as to of 2013 proved most attractive to companies in asset how well their brands are accepted. management, digital marketing, medical and health care, and restaurant and wine - related businesses. In 2012, one in seven of InvestHK’s completed projects were with startups. The government agency launched a global Hong Kong’s international business hub status and its marketing programme startmeup.hk in July, to encourage geographical location make it an ideal place for a broad entrepreneur - led businesses to consider Hong Kong as the spectrum of overseas companies to set up or expand their platform from which they can expand globally.

Environment Financial Secretary welcomes launch of Hong Kong’s first all - electric taxi fleet

The Financial Secretary, Mr John Tsang, officiated at the launch The BYD e6 is a 5 - passenger, crossover vehicle (EV) powered of Hong Kong’s first all - electric taxi fleet at a ceremony held by the BYD Iron - Phosphate (or Fe) batteries - it has a very at the Hong Kong Science Park on 15 May. long battery life with the highest safety level in the industry. It takes only two hours to fully charge the e6 using AC BYD, a company that trades on the Hong Kong stock exchange, charging equipment developed by BYD. This pure EV can closely collaborated with Sime Darby Motors Group, Hong Kong then travel for a range of up to 300 km, with zero emissions. Taxi & Public Light Bus Association Ltd, The Link Management Ltd, CLP Power Hong Kong Ltd and The Hong Kong Electric The Financial Secretary Company Ltd to put into service the first batch of 45 taxis. Mr John Tsang (left), together with Chairman and In addition to promoting its e6 electric vehicle in its taxi President of BYD Company version, BYD is also offering the e6 “Premier” sedan for sale Ltd, Mr Wang Chuan - fu, to private consumers in Hong Kong. introduced the first “eTaxi” in Hong Kong.

14 Hong Kong News Summer 2013 Hong Kong in close co-operation with Guangdong on Climate Change

Hong Kong and Guangdong held a second meeting of three are in Hong Kong (Tsuen Wan, Tung Chung and the Joint Liaison Group on Combating Climate Change Tap Mun). in Hong Kong on 2 July, co - chaired by the Secretary for the Environment, Mr KS Wong and Guangdong Since the Network started operation in 2006, the levels of Development & Reform Commission Deputy Director, various air pollutants in the PRD region have decreased Mr Lu Xiulu. significantly, reflecting the continuous improvement of regional air quality. The work plan for 2013 - 14 includes a technical seminar on the climate projection for the Pearl River A report on the 2012 monitoring results of the Network, Delta Region in the 21 st century, focusing on projection released on 29 April, showed that despite continuous methodologies, data analysis and study results ; an economic growth in the PRD region in 2012, the exchange session or sessions on climate - change average annual concentration levels of sulphur dioxide, adaptation issues, including relevant study findings nitrogen dioxide, respirable suspended particulates and implementation experiences ; and exploring and ozone decreased by 25 %, 5 %, 13 % and 7 % and exchanging ideas on energy conservation and respectively in 2012, compared with 2011 levels. Apart efficiency in buildings. Hong Kong will also participate from favourable meteorological conditions last year, the in a carbon - trading seminar organised by Guangdong reductions were attributed to the emission reduction to discuss setting standards for reporting and verifying measures implemented in the two places. businesses’ carbon footprints, and related systems’ design. Additional air quality control measures rolled out in Hong Kong in 2012 included the tightening of emission Results of PRD Regional Air Quality Monitoring Network standards for newly registered vehicles to Euro V standards, continuing to promote the replacement of One of the major achievements in environmental aging commercial diesel vehicles, and encouraging co - operation between Hong Kong and Guangdong is ocean - going vessels at berth to switch to low sulphur the Pearl River Delta Regional Air Quality Monitoring fuel. As for the PRD Economic Zone, further new measures Network. The Network comprises 16 automatic ambient implemented last year included the requirement of monitoring stations in the region, 13 of which are in low - NOx burners and denitrification systems at power the PRD Economic Zone (Guangzhou, Shenzhen, Zhuhai, plants and new dry - type cement kilns ; enhancing the Foshan, Zhongshan, Huizhou, Dongguan, Jiangmen, remediation of coal - fired boilers ; and progressively Zhaoqing, Shunde, Huiyang, Panyu and Conghua) and supplying petrol at National IV standard.

Hong Kong has a strategy to deal with both local and regional air pollution sources.

Hong Kong News Summer 2013 15 Government unveils 10 - year waste management plan

Secretary for the Environment, Mr K S Wong (left), visits the South East New Territories Landfill, one of Hong Kong’s three landfill sites, to learn about the process of waste disposal. Under Hong Kong’s new waste management plan, disposal of waste at landfills will be the last resort.

Secretary for the Environment, Mr K S Wong unveiled a Territory - wide campaigns, such as the recently - launched comprehensive 10 - year management plan on 20 May to Food Wise Hong Kong Campaign, will discourage food tackle Hong Kong’s waste crisis. This was the second major waste and encourage recycling. policy plan for the environment unveiled by the Government this year, after the launch of the Clean Air Plan for Hong Kong Waste - related infrastructure, including organic waste in March (see Spring issue of Hong Kong News). treatment facilities, waste - to - energy integrated waste management facilities and landfill extensions, Hong Kong : Blueprint for Sustainable Use of Resources will be enhanced. 2013 - 2022 analyses the challenges and opportunities for waste management in Hong Kong, and maps out The blueprint also aims for a more balanced structure strategies, targets, policies and action plans. for waste management, as opposed to the current practice of relying solely on landfills. The public will Mr Wong said the plan will reduce the per capita municipal be encouraged to reuse and recycle. Unavoidable solid waste disposal rate from 1.27 kg a day in 2011 to waste will be turned into energy by modern 1 kg a day by 2017, and 0.8 kg a day, a reduction of 40 %, technology while disposal at landfills will be the last by 2022. Mr Wong said the target was ambitious, but also resort. The Government expects that by 2022, waste practical, noting that the key to success lies in motivation recycling, modern incineration and landfill disposal and a joint effort by the entire community to embrace an in Hong Kong will account for 55 %, 23 % and 22 % environmentally - sustainable culture. of waste management respectively, more closely matching the allocation structure widely adopted in The blueprint proposes policies and actions in three areas. advanced economies.

Policy and legislation, including municipal solid waste The Government’s waste management plan “Hong Kong : Blueprint for charges and producer responsibility schemes, aim to Sustainable Use of Resources 2013 - 2022” can be found at drive behavioural change to reduce waste at source. www.enb.gov.hk/en/files/WastePlan - E.pdfwww.epd.gov.hk.

16 Hong Kong News Summer 2013 infrastructure Building design team appointed for M+, Hong Kong’s 20th and 21st century visual culture museum

The winning design by Swiss architecture firm Herzog & de Meuron, in partnership with Hong Kong - based architects TFP Farrells.

The West Kowloon Cultural District Authority (WKCDA) and the rest of the world. M+ will provide space for artists announced on 28 June the appointment of Herzog & to meet, exhibit and experiment, as well as housing a de Meuron + TFP Farrells to design the building of M+, world - class permanent visual culture collection. the museum for visual culture, in the West Kowloon Cultural District (WKCD). The Herzog & de Meuron + TFP Farrells team was unanimously selected by an international jury panel The team will work with the WKCDA over the next four as winner for they had submitted a “memorable years to design and deliver a world - class facility to design that draws power from the simplicity and house Hong Kong’s future museum for 20 th and 21 st clarity of its parti [the main idea behind an architect’s century visual culture, scheduled for completion in 2017. design presented in the form of a basic diagram or a simple statement] and the internal layout is inviting to The Chairman of the Board, Hong Kong’s Chief Secretary the public, offering a spatial organization that is easy for Administration Mrs Carrie Lam, said the board to understand and navigate.” was thrilled that a world renowned architect will now take up the design of a flagship facility in the Dr Lars Nittve, Executive Director, M+ commented, “Herzog district, supported by a leading practice in Hong Kong. & de Meuron + TFP Farrells have given Hong Kong not She said that WKCDA, together with the design team, only a museum that, in its purity and simplicity, stands will continue to engage the arts community to ensure out in the urban landscape, but more importantly will be detailed designs of the building would meet their extremely well - functioning, accessible and democratic. requirement and anticipations. Creating a design for a museum like M+, expressing the diversity of visual culture with a global perspective but Situated on the waterfront of the Victoria Harbour at the rooted in Hong Kong, is a complex task. But Herzog & edge of the 14 - hectare Park, M+ will be one of the first de Meuron has succeeded. This unique design gives us batch of arts and cultural venues to be completed in the a flagship venue which will come to represent the best WKCD. Principally it will be a museum for the Hong Kong of Hong Kong, Asian and international contemporary people, firmly rooted in the location and its unique visual culture.” culture, which provides a Hong Kong perspective, with a global vision, expanding to other regions of China, Asia For further information : www.wkcdauthority.hk

Hong Kong News Summer 2013 17 Inaugural berthing at Kai Tak Cruise Terminal by Mariner of the Seas on 12 June. The ship will homeport at Hong Kong for two cruise journeys between Hong Kong and Taiwan at the end of October and in early November this year. Official opening of Kai Tak Cruise Terminal

The new Kai Tak Cruise Terminal (KTCT) received its berths can accommodate the largest cruise ships (up to official inaugural berthing on 12 June, with the arrival of 220 000 gross tonnes) in the world. Mariner of the Seas. A landscaped deck of about 23 000 m2, the Kai Tak Cruise The HK$8.2 billion (EUR 824.24 million) terminal is the first Terminal Park, will form one of the largest public roof completed project within the Kai Tak Development, which gardens in Hong Kong and afford spectacular panoramic is located on the site of Hong Kong’s old airport. Together views of Victoria Harbour. with the two existing berths at Ocean Terminal, the completion of the KTCT will greatly enhance the berthing With the new terminal, the estimated economic benefits capacity for cruise ships in Hong Kong and is seen as key brought about by the cruise industry may range from to developing the city into a regional cruise hub in Asia. HK$1.5 billion (EUR 150.77 million) to HK$2.6 billion (EUR 261.34 million) per annum, and the additional jobs The first berth of the KTCT has been completed and generated may be around 5 300 to 8 900 by 2023. the second one is due for completion in 2014. Both

Art Huge success for inaugural edition of Art Basel Hong Kong

The global art establishment flocked to Hong Kong in With the second Art Basel in Hong Kong already scheduled May for the inaugural edition of Art Basel on 23 - 26 May. for 15 - 18 May 2014, the fair is likely to repeat its cultural Art fever gripped the entire city, with a large number and commercial success next year. of outside events, exhibitions and shows taking place concurrently.

Building on the success of ART HK, which MCH Swiss Exhibition (Basel) Ltd purchased from Asian Art Fairs Ltd in July 2011, Art Basel Hong Kong has significantly strengthened the city’s role as an international contemporary arts centre.

The fair at the Hong Kong Convention and Exhibition Centre attracted around 3000 artists and 250 galleries from 35 countries. Half of the participating galleries were from Asia or the Asia - Pacific. Over 60 000 visitors came to see the fair, including many prominent, Indonesian artist Ichwan Noor arrived at Art Basel Hong Kong with a real international art world figures 1953 VW Beetle, transformed into a perfect sphere.

18 Hong Kong News Summer 2013 education HKETO, Brussels promotes Hong Kong’s higher education opportunities to Dutch students

The Government is seeking to attract talents from To attract meritorious non - local students to pursue around the world to come and study, work or create higher education opportunities in Hong Kong, the their own business in Hong Kong, and has put in Government established the HKSAR Government place a number of facilitating schemes. The HKETO, Scholarship Fund to recognise outstanding non - local Brussels was therefore pleased to get the chance students. The scholarship is HK$80,000 (about to inform two groups of Dutch students about the EUR 8,000) per year for non - local students. opportunities available. A new index created by The Economist Intelligence Deputy Representative Mr Eddie Lee briefed Unit (EIU), published on 9 July, benchmarks 80 cities a group of business students at Maastricht by the potential return for foreign students from University in March. The students, who were an undergraduate education at institutions in working on their business degrees, had chosen those cities. The Sea Turtle Index, created for the Hong Kong as a case study and were planning to Bank of Communications, measures more than visit the city in June. raw educational quality. It also factors in the likely cost of that education, the potential for In June, a group of 30 Sinology students from the returns on financial and real - estate investments, University of Leiden visited the HKETO’s office the availability of work experience opportunities in Brussels, where they were briefed by Deputy for overseas graduates, and the depth of cultural Representative Miss Drew Lai. In addition to a experience that an educational location will offer. background briefing on Hong Kong, Miss Lai gave By these criteria, Montreal is ranked first, followed them practical information about educational by London and Hong Kong. opportunities in Hong Kong. Full index rankings are available at Hong Kong has some of the best universities www.seaturtleindex.com in the region. The Times Higher Education Asia University Rankings named six Hong Kong More information about the various schemes put in place to attract talents to institutes in its top 100 list published in April, Hong Kong can be found at www.immd.gov.hk ranking the University of Hong Kong third and the Information about the HKSAR Government Scholarship Fund can be Hong Kong University of Science and Technology, found at www.edb.gov.hk/en/edu-system/postsecondary/local-higher- in 9th place. edu/publicly-funded-programmmes/scholarship.html

Deputy Representative of the HKETO, Brussels Mr Eddie Lee visited Maastricht Deputy Representative of the HKETO, Brussels Miss Drew Lai (front row, third University where he briefed a group of business students on the latest from left) and Public Relations Officer Ms Joanne Mazoyer (front row, first economic and business developments in Hong Kong, and opportunities for left) with a visiting group of Sinology students from the University of Leiden. overseas students and business.

Hong Kong News Summer 2013 19 Hong Kong students visit EU institutions under European Union Academic Programme

A group of 35 Hong Kong students took part in the European The European Union Academic Programme (EUAP) is a Union Academic Programme (EUAP) on 24 - 28 June to joint venture by Hong Kong Baptist University, University of enhance their knowledge of the European Union and its Hong Kong, Chinese University of Hong Kong and Lingnan role in different global issues. Programme included visits University and co-funded by a grant from the European to the European institutions and the College of Europe, Union, designed to strengthen EU-Hong Kong relations discussions with EU offi cials and experts on issues such through academic activities and network building with as Hong Kong - EU trade relations, European integration, local, regional and European partners, including beyond human rights, the Erasmus programme, and EU policies in academic circles. It promotes public awareness of the EU, areas including green energy, drugs and organised crime, its impact on, and its relationship with Hong Kong. the preservation of heritage sites, and the social media. http ://europe.hkbu.edu.hk/euap/

The students visited the Hong Kong Economic and Trade Offi ce in Brussels where they were briefed by Deputy Representative Mr Eddie Lee on the work of the Offi ce.

European think tank Think Young organises Entrepreneurship Summer School in Hong Kong

Think Young organised an Entrepreneurship Summer The aim of the Entrepreneurship Summer School School in Hong Kong from 12 to 16 August in cooperation Hong Kong, a project falling within the wider range with the University of Hong Kong and InvestHK. of Think Young’s EU - Asia programme, was to provide young Asians with the opportunity to learn Think Young is a Brussels and Geneva based think - tank about core business values, offering participants concerned with young people, with one of its focuses the opportunity to connect and receive advice from on EU-Asia relations. Think Young’s eventual goal is successful entrepreneurs operating in a variety of to establish and offi ce in Hong Kong and through fi elds. The learning programme took the form ofa the use of research, events and media, to add to the fi ve - day interactive workshop, encouraging dialogue ongoing discourse on young Asians in an engaging on a variety of themes, networking, acquisition of and creative fashion. knowledge and skill development.

For further information, see : www.entrepreneurshipsummerschool.asia

Belgium - Hong Kong Society Education Fund invites applications

The Belgium - Hong Kong Society Education Fund is open for applications. The Education Fund was established by the Society in 2010 to sponsor exchange activities of young people between Belgium and Hong Kong with a view to promoting stronger and more sustainable ties between the two places. For more details, please refer to Society’s websitewww.bhks.be.

20 Hong Kong news Summer 2013 inno vation and design i.Dummy of The Hong Kong Polytechnic University - breakthrough in mannequin technology

At first glance, the mannequin “i.Dummy” developed Moreover, the i.Dummy can be easily controlled via a by researchers of The Hong Kong Polytechnic University user - friendly Graphic User Interface (GUI) run on the computer, (PolyU) looks no different from an ordinary dummy, but this and the use of Bluetooth technology on a smart phone is not sophisticated mannequin can change its body shape and size a problem at all. It means potential clients can input their or even elongate at the point of a fingertip on a computer. measurements on the computer to achieve fitting across geographical boundaries through to on - line purchasing. This revolutionary breakthrough, named ‘i.Dummy’ for intelligent dummy, is expected to streamline the operations There is a huge potential market for “i.Dummy” and of the apparel and garment industry, which rely strongly on PolyU researchers will focus on the need of the industry the use of dummies for designing and fitting different sizes and offer their expertise through the licensing of patented of apparel products before mass production takes place. technology. The i.Dummy is also an excellent education and Instead of keeping a big number of fixed sized dummies in training tool for students and apprentices of fashion design the stock of design houses, buying offices or factories for and pattern development. fitting purposes, one single ‘i.Dummy’ will transform itself to fit various sizes and dimensions, be they Asian or Western, and it is also possible to input customised measurements.

The project, which is partially funded by the General Research Fund of the Research Grants Council, is led by Dr Allan Chan Chee - kooi, Associate Professor at PolyU’s Institute of Textiles and Clothing (ITC). PolyU has already filed two patents for this invention.

“This robotic mannequin ‘i.Dummy’ is unique in the sense that all changes are three - dimensional, varying in width, thickness and length, all at once automatically. It can also rotate automatically for viewing in 360 degrees, so that every angle of clothes fitting can be assessed,” said Dr Chan. “The robust design is therefore suitable for many Dr Allan Chan Chee - kooi, with his invention, the i.Dummy - a breakthrough that can types of garments, ranging from ball gowns to occasional streamline the operation of the garment industry. The revolutionary robotic mannequin wear, and tight fitting swimwear.” was presented at a seminar held during Hong Kong Fashion Week on 8 - 11 July.

cinema Udine Far East Film Festival pays tribute to Hong Kong cinema

The Udine Far East Film Festival, the biggest European The festival paid a special tribute to Hong Kong’s famous film festival focusing on movies from East Asia, this kung-fu movie director King Hu, screening some of his year paid tribute to Hong Kong, which inspired its films and publishing a book about him. creation 15 years ago. Hong Kong films made up a fifth of the programme and included some shorts from the Fresh Wave Festival, giving visibility to young Hong Kong talents. The event was supported by the HKETO, Brussels.

One of the films screened at the Italian festival, which was held on 19 - 23 April, was “Ip Man – The Final Fight”, by Herman Yau. Mr Yau attended the festival together “Ip Man – The Final Fight” is based on the later life of the Wing Chun with the film’s scriptwriter, Ms Erica Li. The film was grandmaster Ip Man, who ran a martial arts school in Hong Kong and whose awarded the bronze medal at the festival. most famous student was Bruce Lee.

Hong Kong News Summer 2013 21 Bruce Lee exhibition at Hong Kong’s Heritage Museum

Picture shows the officiating guests at the opening of the exhibition (from left) : the Chairman of the Federation of Hong Kong Filmmakers, Mr Ng See - yuen ; the Director of Leisure and Cultural Services, Mrs Betty Fung ; the Chairperson of the Bruce Lee Foundation, Ms Shannon Lee ; the Financial Secretary, Mr John Tsang ; collector Mr Perry Lee ; the Commissioner for Tourism, Mr Philip Yung ; and the Chief Curator of Hong Kong Heritage Museum, Ms Belinda Wong.

An exhibition on the life of kung - fu master Bruce Lee which the theme will be changed regularly to show opened at Hong Kong’s Heritage Museum on 20 July 2013 the collections of different collectors. and will run for five years, until 20 July 2018. The Federation of Hong Kong Filmmakers has produced Speaking at the opening ceremony, the Financial a 75 - minute documentary called The Brilliant Life Secretary, Mr John Tsang, noted that Bruce Lee of Bruce Lee, to be shown during the exhibition took kung - fu to a whole new level of recognition period. Famous sculptor Chu Tat - shing has created and a new international audience with his natural a 3.5m - high statue of Lee in action, while animation charisma and physical prowess. Movies such as artist Shannon Ma has made a 3D hologram showing “Fist of Fury” and “Enter the Dragon” (both made Lee’s quick, forceful kicking and nunchaku skills. in 1972) are considered by film critics to be all - time classics that transcend generational, cultural and For further information about the “Bruce Lee : Kung Fu·Art·Life” exhibition, see geographical boundaries. www.heritagemuseum.gov.hk

The exhibition gathers more than 600 items, The first exhibition in the collector 400 provided by the Bruce Lee Foundation in the United series features more than 100 States and 100 by the Hong Kong Film Archive. They comics, toys and other merchandise include memorabilia of Lee and his costumes, books and related to the 1966 TV series “The training equipment. Covering a total area of 850 m2, the Green Hornet”, which starred gallery houses several sets of reconstructions inspired Bruce Lee as Kato, the hero’s kung by scenes in Lee’s five classic kung - fu movies as well fu kicking assistant. He won the as his gym and his study. hearts of American viewers and enjoyed even greater popularity than The exhibition also shows the profound impact the the main character. international martial arts star, who died 40 years ago this year aged only 32, had on different aspects of popular culture. It includes a collector series in

22 Hong Kong News Summer 2013 eDucation Premises allocated for international schools

The Government supports the development of a individual schools under the Direct Subsidy Scheme vibrant international school sector in Hong Kong and the Private Independent School Scheme also to meet the increasing demand for school places, complement the international school sector. especially those from overseas families living in Hong Kong and those coming to Hong Kong for Last February, Turkey’s Bahçeşehir University (BAU) work or investing. About 38 700 school places became one of the latest educational institutions to were on offer in international schools for the open an office in Hong Kong, to work towards setting 2012 - 13 school year. up an international school.

Three vacant school premises in Stanley, Shau Kei Wan and Lam Tin were successfully allocated in April to three operators (International Montessori Education Foundation, Carmel School Association and Nord Anglia Education Hong Kong respectively) for the development of international schools. Based on initial plans, 1 700 school places will be provided on a progressive basis from 2013 - 14. Of these, 1 150 primary places and 210 secondary places will be provided by the 2016 - 17 school year.

Hong Kong has about 50 international schools operating curricula of the UK, the USA, Australia, One of Hong Kong’s international educational institutions, the Savannah Canada, Japan, Korea, Germany, France, Singapore College of Art and Design (SCAD), offers degrees in Arts, Fine Arts, Architecture and the International Baccalaureate Organisation. and Urban Design. Students have the opportunity to spend a term at the Separately, with their operational autonomy in terms university’s three other campuses in Atlanta, Savannah and Lacoste in the of medium of instruction and curriculum design, French region of Provence.

FortHcoMing eVents

In Europe In Hong Kong

• Port of Antwerp Dragon Boat Festival • ECO Expo Asia – International Trade Fair on (14 September) Environmental Protection (28 - 31 October) • Hong Kong Film Panorama in Bordeaux • Hong Kong Wine & Dine Festival (23 - 27 September) (31 October - 3 November) • The Hong Kong Ambassadors of Design will bring • Hong Kong Trade Development Council (HKTDC) Hong Kong designers to Brussels during the week of Hong Kong International Wine and Spirits Fair 15 September for Design September (5 - 30 September), (7 - 9 November) an annual event which has become an absolute must • Asian Logistics and Maritime Conference for design enthusiasts in Belgium. Visitors to the event (7 November) will get a taste of what they can expect at Hong Kong’s • Business of IP Asia Forum (5 - 6 December) Business of Design Week in December, where Belgium • HKTDC Inno Design Tech Expo (5 - 7 December) will be the partner country this year. • Business of Design Week – with Belgium as this year’s partner country (2 - 7 December)

For details and a more comprehensive list of forthcoming events in Hong Kong, see the Calendar of Major Events in Hong Kong on our website www.hongkong - eu.net/ A list of Trade Fairs and Exhibitions can be found at www.hktdc.com/info/trade - events/ci/EXHK - upcoming/en/Exhibitions - In - Hong - Kong htm?&pageItem=60 The Hong Kong Tourism Board’s calendar of events can be found at www.discoverhongkong.com/eng/see - do/events - festivals/events - calendar/index.jsp

Hong Kong news Summer 2013 23 Hong Kong gripped by duck fever

Dutch artist Florentijn Hofman said his Rubber Duck represents the union of people, adding : “we’re one family and all the waters in the world are our global bathtub”, a sentiment that is well understood in Hong Kong, Asia’s world city.

Hong Kong was gripped by duck fever following the Hong Kong citizens fl ocked to the Victoria Harbour to take arrival of a giant, yellow bird on 2 May. The Rubber Duck photographs and enjoy the surreal sight of a huge bath creation of Dutch artist Florentijn Hofman was embraced toy fl oating against a background of skyscrapers. The with great enthusiasm, bringing much joy and pleasure Rubber Duck was much regretted when it left Hong Kong to the city’s busy people. Hundreds of thousands of on 9 June to continue on its global travels.

NEWS Summer 2013

This newsletter is issued by the Hong Kong Economic and Trade Offi ce in Brussels, the offi cial representation of the Hong Kong Special Administrative Region Government to the European Union and 14 of its Member States, and to Turkey. Please contact us if you wish to subscribe/unsubscribe. For the latest news on Hong Kong, please see www.news.gov.hkv.

Editor : Linda Sansbury, Hong Kong Economic and Trade Offi ce, 118 rue d’Arlon, 1040 Brussels T. +(32)(02)775 00 88 e - mail : general@hongkong - eu.org

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