DOCSLIB.ORG

Research Report Is Uploaded Onto the Website of the Policy Innovation and Co- Ordination Office (PICO) for Public Reference

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Research Report Is Uploaded Onto the Website of the Policy Innovation and Co- Ordination Office (PICO) for Public Reference Strategic Public Policy Research Funding Scheme 策略性公共政策研究資助計劃 Project Number : 項目編號： S2016.A1.009.16S Project Title : Hong Kong Professional Services in the Co-Evolving Belt- 項目名稱： Road Initiative: Innovative Agency for Sustainable Development 香港專業服務與一帶一路：推進可持續發展的創新能動 性 Principal Investigator : Professor LI Che Lan, Linda 首席研究員： 李芝蘭教授 Institution/Think Tank : City University of Hong Kong 院校 ／智庫： 香港城市大學 Project Duration (Month): 推行期 (月) ： 39 Funding (HK$) : 總金額 (HK$)： 3,400,000.00 This research report is uploaded onto the website of the Policy Innovation and Co- ordination Office (PICO) for public reference. The views expressed in this report are those of the Research Team of this project and do not represent the views of PICO and/or the Assessment Panel. PICO and/or the Assessment Panel do not guarantee the accuracy of the data included in this report. Please observe the “Intellectual Property Rights & Use of Project Data” as stipulated in the Guidance Notes of the Strategic Public Policy Research Funding Scheme. A suitable acknowledgement of the funding from PICO should be included in any publication/publicity arising from the work done on a research project funded in whole or in part by PICO. The English version shall prevail whenever there is any discrepancy between the English and Chinese versions. 此研究報告已上載至政策創新與統籌辦事處（創新辦）網站，供公眾查閱。報告 內所表達的意見純屬本項目研究團隊的意見，並不代表創新辦及／或評審委員會的意 見。創新辦及／或評審委員會不保證報告所載的資料準確無誤。 請遵守策略性公共政策研究資助計劃申請須知內關於「知識產權及項目數據的使 用」的規定。 接受創新辦全數或部分資助的研究項目如因研究工作須出版任何刊物／作任何宣 傳，均須在其中加入適當鳴謝，註明獲創新辦資助。 中英文版本如有任何歧異，概以英文版本為準。 Hong Kong Professional Services in the Co-evolving Belt-Road Initiative: Innovative Agency for Sustainable Development 香港專業服務與一帶一路：推進可持續發展的創新能動性 Strategic Public Policy Research Scheme S2016.A1.009.16S 1 Final Report2 2020.06 1 The Strategic Public Policy Research (SPPR) scheme is funded by the Policy Innovation and Coordination Office of the HKSARG. Funding for this project (the Study) was awarded in January 2017 and execution formally commenced in March 2017 until June 2020. Project Team includes: Prof Linda Chelan Li (Principal Investigator), Prof Phyllis Mo, Prof Lin Feng, Dr Chan Ho Mun, Dr Michael Wong, Dr Iris Kam, Dr Raymond Wong, Mr David Holloway (since 11 September 2018), Mr David Yip, Dr Liang Yuqing, Prof Yue Fangmin (collaborator) and Dr John Ho (till 11 September 2018). 2 Acknowledgements to members of the report-preparation support team for their contributions to the compilation of the report: Kin On Li, Jeffrey Chung, Man Luo, Chun Kit Chui, Jennifer Hung, Xin Yan, Dingyi You, Cleo Wong, and more names (Ji Chao, Benny Kwok, Jason Chan, Yamin Xu, Linda Tjia, Wilson Chan, Raymond WM Wong, Chunlaing Gao, Socheat Oum, Charles Wong, Xiaohe Zheng, Guilan Zhu and many others) contributing to the research leading to this report. 1 Table of Contents Executive summary ............................................................................................................ 3 Introduction .................................................................................................................... 11 PART 1 Overview report ................................................................................................... 12 PART 2 Findings chapters ................................................................................................. 68 Chapter 1 Belt-Road Initiative: Defining Feature ................................................... 69 Chapter 2 The Coevolving Views on Hong Kong’s Role in BRI ................................ 91 Chapter 3 Belt and Road Project Financing and Hong Kong ................................ 116 Chapter 4 The Hong Kong Accountancy Profession and Belt and Road ................ 161 Chapter 5 Hong Kong as Belt and Road Initiative Dispute Resolution Hub ........... 189 Chapter 6 Belt & Road Sustainability and Role of Hong Kong .............................. 215 PART 3 Overseas research activities reports ................................................................... 243 Overseas Research Activity 1: Cambodia ............................................................ 244 Overseas Research Activity 2: Vietnam ............................................................... 266 Overseas Research Activity 3: Sri Lanka .............................................................. 283 Overseas Research Activity 4: Myanmar ............................................................. 299 APPENDICES .................................................................................................................. 316 Appendix 1: Summary Report for Guangdong Research ...................................... 317 Appendix 2: Collaboration Infrastructure ............................................................ 358 Appendix 3: Research Engagement and Dissemination Activities ........................ 361 Appendix 4: Interviewees ................................................................................... 384 Appendix 5: Survey questionnaires ..................................................................... 433 Appendix 6: Publications and Outputs ................................................................ 442 2 Executive summary Abstract of the research There is high expectation for Hong Kong professional services to contribute to the Belt-Road Initiative (BRI), especially from the governments of Hong Kong and mainland China, and also from overseas stakeholders in the Belt and Road (B&R) destinations. The expectation lies in the excellent professional strengths of the Hong Kong professional services and their alignment to international standards, the significant impact of which has been demonstrated in their instrumental role in the transformative development of the Chinese economy. The expansive scope of the initiative has posed challenges to effective communication and policy execution, however, as BRI has been described as a ‘highly imaginative venture’. The Hong Kong professionals have also found it difficult to match official enthusiasm, so that actual participation in BRI projects has been uneven and relatively low. This study starts with an objective to understand the divergence in expectations and assessments, and contemplates how the gap may be narrowed. The central research question is: What role can Hong Kong professional services play in the BRI, in the interest of the sustainable development of the BRI as well as Hong Kong? We adopt a mixed methodology premising an action research approach to find an answer. We identified and engaged with the main, but diverse, stakeholder groups in interviews, surveys and field observations in Hong Kong, Mainland, and selected B&R destinations. We organized and attended seminars, training workshops and conferences. We spoke in great lengths with government officials, business leaders, accountants, lawyers, investors, bankers, and policy analysts and academics. Understanding the dynamic agency of various stakeholders has contributed to a better understanding of their decisions and enabled us to formulate proposals which are reflected in the policy papers and other research publications, and summarized in the policy recommendations in this Final Report. In total, we have held 435 in-depth interview meetings, have organized or attended 86 major research dissemination and engagement activities and produced 45 major publications, including 9 policy papers, 12 journal articles, 9 book chapters, and a book volume within the 3-year period of the study. The Sustainable Hong Kong Research Hub of the Research Centre for Sustainable Hong Kong at City University of Hong Kong has developed a broad-based network of over 2,200 members to facilitate synergistic communications and foster understanding and collaborations, using social media as well as traditional means. 人們對香港專業服務在一帶一路建設中的貢獻有很高期望，特別是香港和內地政府， 以及一帶一路地區的海外持分者。他們的期望是建基於香港專業服務具備卓越專業實 力，並與國際標準接軌，其重要影響已在中國經濟轉型發展中發揮過重要作用。然而， 由於一帶一路倡議涵蓋面極廣，更被部分評論形容為是一場「極具想像力的冒險」， 因而給有效溝通和政策執行帶來了挑戰。香港專業人士很難與官方的熱情相提並論， 不同專業人士之間實際參與一帶一路項目的情況參差不齊，而且整體來說相對較低。 這項研究的目的，是了解和評估這種預期與實際的差距，並思考如何縮小差距。研究 的核心問題是，香港專業服務可以在一帶一路中扮演什麼角色，從而有利於一帶一路 3 以及香港的可持續發展。我們採用混合的方法，配合行動研究來尋找答案。我們在香 港、中國大陸和選定的一帶一路目的地採訪、調查和實地考察，確定了主要但又不同 的持分者，並與他們接觸。我們組織和參加了研討會、培訓班和會議，與政府官員、 商界領袖、會計師、律師、投資者、銀行家、政策分析師和學者有多輪深入的交談。 了解不同持分者，有助於我們更好地剖析他們作出決定背後的動因，使我們能夠透過 政策建議書及其他研究出版物來寫出我們的看法，並在本報告中總結出一系列建議。 在 3 年研究時間裡，我們共有 435 次深度訪談，組織或參加了 86 次重要的對談及發佈 活動，有 45 份主要出版物，包括 9 份政策建議書，12 篇學術期刊文章，9 篇書本章節， 以及一本專著。香港城市大學香港持續發展研究中心，利用社交媒體和傳統方式，建 立了一個基礎廣泛的網絡，由超過 2200 名成員組成，以促進協同溝通、理解和合作。 4 Layman summary on policy implications and recommendations This Study focuses on the identification of potential opportunities and contributions of Hong Kong professional services in the Belt and Road Initiative. This topic has important implications in three broad areas of policy: (1) the sustainable development of Hong Kong economy, in particular the professional service sectors; (2) the sustainable development of the Belt and Road initiative; and (3) the sustainable development of Hong Kong as a special administrative region of China and an international hub of modern business, financial centre, knowledge creation and innovations. The three areas of policy are inter-related, and together they pertain to not only the well-being of the local population of Hong Kong but also the broader interests of the national development of China on the whole. The findings of the Study have generated 20 policy recommendations, aiming at closing the gaps and deficiencies identified, and extending the capacities to enable a full play of potentials. The 20 policy recommendations
Load more

Recommended publications
  • Subcommittee on the Proposed Accountability System for Principal Officials and Related Issues
    LC Paper No. CB(2)2073/01-02(01) Subcommittee on the Proposed Accountability System for Principal Officials and Related Issues Summary of views expressed by organisations/individuals Organisation/ Overall comments on the accountability system; Principal officials under the proposed system; Civil Individual Consistency with the Basic Law (BL); Service under the proposed system; Relationship The function, composition and operation of the between bureaux and departments; Executive Council (ExCo); Review of advisory and statutory/public bodies and LC Paper No. of Splitting, merging and retention of bureaux implications of the proposed system on their roles Written submission and functions * 1. The Law Society of Hong Kong (a) As a result of the accountability system, (no written submission a thorough understanding of the provided) following provisions of BL is required - BL 48(5) provides for the appointment of principal officials; BL 54 and 55 stipulate the function and composition of ExCo; BL 59 and 60 provide for CE to be the head of the Hong Kong Special Administrative Region (HKSAR); BL 61 and 101 provide for the citizenship requirement for principal officials and different ranks of civil servants; and BL 103 provides for the maintenance of the existing system of recruitment and employment of civil servants; Organisation/ Overall comments on the accountability system; Principal officials under the proposed system; Civil Individual Consistency with the Basic Law (BL); Service under the proposed system; Relationship The function, composition and operation of the between bureaux and departments; Executive Council (ExCo); Review of advisory and statutory/public bodies and LC Paper No. of Splitting, merging and retention of bureaux implications of the proposed system on their roles Written submission and functions (b) The appointment of principal officials on terms different from those for civil servants represents a departure from the existing recruitment and employment system for public servants.
    [Show full text]
  • WKCD2 Poly Report Eng
    LC Paper No. CB(2)1180/10-11(01) Report on the Analysis of Views for the Stage 2 Public Engagement Exercise for the West Kowloon Cultural District Submitted by Public Policy Research Institute The Hong Kong Polytechnic University February 2011 Report on the Analysis of Views for the Stage 2 PE Exercise for the WKCD CONTENTS Page EXECUTIVE SUMMARY .................................................................................................... i CHAPTER 1: INTRODUCTION .......................................................................................... 1 1.1 Background of the West Kowloon Cultural District .................................................. 1 1.2 The Public Engagement Exercise ............................................................................. 1 1.3 The Consultancy ...................................................................................................... 2 1.4 The Consultancy Team and Modus Operandi ........................................................... 3 CHAPTER 2: QUANTITATIVE DATA ANALYSIS ........................................................... 5 2.1 Objectives of the Questionnaire Survey .................................................................... 5 2.2 Data Sets ................................................................................................................. 5 2.3 Design of Questionnaire .......................................................................................... 5 2.4 Collection of Completed Questionnaires .................................................................
    [Show full text]
  • Download the Entire Report
    Task Force on Review of Civil Service Pay Policy and System Phase One Final Report September 2002 CONTENTS PAGE EXECUTIVE SUMMARY iv – xvii CHAPTER 1 INTRODUCTION 1 – 5 2 REVIEW OF DEVELOPMENT OF CIVIL SERVICE 6 – 11 PAY POLICY AND SYSTEM IN HONG KONG 3 LONG-TERM VISION 12 – 15 4 PAY POLICIES, PAY SYSTEM AND PAY 16 – 35 STRUCTURE 5 REPLACING FIXED PAY SCALES WITH PAY 36 – 43 RANGES 6 PAY ADJUSTMENT SYSTEM AND MECHANISM 44 – 54 7 INTRODUCING PERFORMANCE-BASED 55 – 61 REWARDS 8 SIMPLIFICATION AND DECENTRALISATION OF 62 – 71 PAY ADMINISTRATION 9 CONCLUSION 72 – 78 10 ACKNOWLEDGEMENTS 79 APPENDIX I Letter of 18 December 2001 from the Secretary for 80 – 84 the Civil Service inviting the three advisory bodies to undertake a review of civil service pay policy and system i PAGE APPENDIX II Membership of the Task Force 85 III Staff of the Joint Secretariat for the Advisory Bodies 86 on Civil Service and Judicial Salaries and Conditions of Service IV Terms of reference of the Task Force 87 – 88 V List of organisations represented in consultation 89 – 96 forums of the Task Force VI List of organisations which made written 97 – 100 submissions during the consultation period VII List of bureaux and departments whose directorate 101 officers met with the Standing Committee on Directorate Salaries and Conditions of Service on 14 May 2002 VIII List of disciplined services whose senior 102 management met with the Standing Committee on Disciplined Services Salaries and Conditions of Service on 24 May 2002 IX Existing civil service pay scales 103 X Methodology of pay trend survey 104 – 108 ii PAGE APPENDIX XI Increment cost deduction formula 109 - 111 XII Final Report of the Consultancy Study on the Latest Developments in Civil Service Pay Administration in Other Governments (To view written comments forwarded to the Joint Secretariat during the public consultation period from April to June, please visit the Joint Secretariat’s website at http://www.jsscs.gov.hk/.
    [Show full text]
  • Monthly Report HK
    July in Hong Kong 31.7.2015 / No 139 A condensed press review prepared by the Consulate General of Switzerland in HK Economy + Finance Fund sale scheme in HK and China gets off to promising start: Fourteen mainland Chinese funds have applied to be sold in HK while 11 international funds are seeking to sell in the mainland after the 600 yuan cross border fund scheme kicked off on July 1. Under the cross border fund scheme, some 100 HK domiciled funds that have been in the city for more than a year are qualified to be sold in the mainland, while 850 mainland funds could be sold in HK subject to regulator approval. Beijing set the quota for the scheme at 600 billion yuan, divided equally into 300 billion yuan for each side. HK GDP forecast downgraded to 2pc on back of falling external demand: The University of HK has downgraded its estimate for the city's economic growth to 2 per cent in the second quarter of this year from 2.4 per cent previously because of poor external demand and economic turmoil overseas. The Apec studies programme of the HK Institute of Economics and Business Strategy at the university also blamed the city's possible slower growth on the long-lasting effects of a stronger US dollar, to which the HK dollar is pegged. With the uncertainty of mainland China's slowdown, the delayed resolution of Greece's debt crisis and the uncertain timing of a much talked about rise in interest rates in the United States, HK's economy is expected to grow moderately this year, the university said.
    [Show full text]
  • Studi Komperatif : Aksi Protes Masyarakat Hong Kong Tahun 2014 Dan 2019)
    PENOLAKAN MASYARAKAT HONG KONG TERHADAP KEBIJAKAN PEMERINTAH HONG KONG (STUDI KOMPERATIF : AKSI PROTES MASYARAKAT HONG KONG TAHUN 2014 DAN 2019) Oleh : Citra Mahotta br Sitepu 160906009 Dosen Pembimbing: Adil Arifin, S.Sos, M.A DEPARTEMEN ILMU POLITIK FAKULTAS ILMU SOSIAL DAN ILMU POLITIK UNIVERSITAS SUMATERA UTARA 2021 Universitas Sumatera Utara i Universitas Sumatera Utara UNIVERSITAS SUMATERA UTARA FAKULTAS ILMU SOSIAL DAN ILMU POLITIK DEPARTEMEN ILMU POLITIK CITRA MAHOTTA BR SITEPU (160906009) PENOLAKAN MASYARAKAT HONG KONG TERHADAP KEBIJAKAN PEMERINTAH HONG KONG (STUDI KOMPERATIF : AKSI PROTES MASYARAKAT HONG KONG TAHUN 2014 DAN 2019) Rincian isi Skripsi 133 halaman, 10 tabel, 21 gambar, 33 buku, 15 jurnal,56 situs internet, 12 artikel (Kisaran buku dari tahun 1898-2020) ABSTRAK Penelitian ini mencoba untuk menguraikan tentang aksi protes politik masyarakat Hong Kong tahun 2014 dan 2019. Hal ini terjadi karena adanya kebijakan pemerintah Hong Kong yang dikeluarkan pada tahun 2014 dan 2019. Namun sejak dikeluarkannya kebijakan oleh pemerintah Hong Kong masyarakat Hong Kong melakukan aksi protes. Teori yang digunakan untuk menjelaskan penelitian adalah teori partisipasi politik dan teori gerakan sosial. Untuk teori partisipasi politik tokoh sentral yang dipakai adalah P. Hungtington dan Joan M. Nelson. Metode penelitian yang digunakan adalah penelitian kualitatif dengan analisis deskriptif. Penelitian ini bersifat studi pustaka menggunakan data sekunder dengan mengumpulkan data dari berbagai sumber seperti dokumen negara, statistik dan laporan lembaga resmi, jurnal internasional, artikel internasional, buku cetak dan elektronik serta lembaga penelitian internasional Aksi protes politik masyarakat Hong Kong pada tahun 2014 dan 2019 merupakan aksi protes terbesar dalam sejarah Hong Kong. Kebijakan yang dikeluarkan oleh pemerintah Hong Kong menjadi latar belakang terjadinya aksi protes politik.
    [Show full text]
  • A Leading Hub for Family Offices
    3 Why Hong Kong P.4 A leading private wealth management (PWM) hub in Asia Premier international asset P.12 management centre Regional centre for philanathropy P.24 and sustainable finance Ideal environment for P.28 Family Office operations 01 A leading hub in Asia, serving the burgeoning PWM market 5 Family Office (FO) is more than just wealth management Why set up Family Offices? Family wealth protection Clarifying governance over how the family stewards its wealth Improving family cohesion and generational transition Managing the personal affairs of family members Managing investment risk Only around half of the FOs have succession plans Asia Pacific 49% 51% Europe 54% 46% North America 48% 52% Succession plan in place Succession plan not in place Source: PWC Family Office Services, The UBS/ Campden Wealth Global Family Office Report 2019 6 FO is gaining popularity among ultra-high-net-worth individuals (UHNWIs) In 2019, a survey conducted by UBS and Campden Wealth suggested that: • Over two-thirds (68%) were only founded in 2000 or later • Just over 10% were founded before 1970s Generations the FO has served (now or in the past) 70% 61% 60% 53% 50% 48% Most families with an FO have up to 40% 3 generations only. 30% 25% 20% 10% 12% 5% 4% 1% 0% 1st Gen 2nd Gen 3rd Gen 4th Gen 5th Gen 6th Gen 7th Gen Don’t know Source: The UBS/ Campden Wealth Global Family Office Report 2019 A leading hub in Asia, serving the burgeoning PWM market 7 Strong growth in Asia-Pacific HNWIs population and financial wealth Number of HNWIs by region million 7 6.5 6.3 6 5.2 5 4 3.4 3.3 3.1 3 2 1 0 2010 2019 Asia-Pacific North America Europe US$ trillion HNWIs financial wealth by region 25 22.2 21.7 20 16.7 15 11.6 10.8 10.2 10 5 0 2010 2019 Asia-Pacific North America Europe Note: HNWIs are defined as those having investable assets of US$1 million or more, excluding primary residence, collectibles, consumables, and consumer durables.
    [Show full text]
  • Challenge to the Pro-Democracy Movement in Hong Kong
    China perspectives Article Challenge to the Pro-democracy Movement in Hong Kong Political Reforms, Internal Splits and the Legitimacy Deficit of the Government JOSEPH Y. S. CHENG* ABSTRACT: This article intends to examine the challenges facing the pro-democracy movement in Hong Kong today, as well as the general political and social situation in the territory. It argues that the deterioration and divisions within the pro-democracy movement may not be political gains for the pro-Beijing united front, as the political and social polarization poses serious problems for effective governance as well. An administration threatened by legitimacy deficit will find it increasingly difficult to deliver in terms of both economic development and social services, thus forcing itself into a vicious circle as unsatisfactory performance further worsens its legitimacy deficit. Though Hong Kong people’s confidence in China and their trust for the Chinese leadership as well as their identification with the Mainland have been strengthening since the territory’s return to China, the latter’s strong backing for the HKSAR has become a double-edged sword. Hong Kong people realize that decisions on local political reforms are made in Beijing, and they also partly blame the Chinese authorities for the unsatisfactory performance of the HKSAR government which is picked by and accountable to Beijing. The lose-lose situation can only be reversed by the enlightenment of the Chinese leadership which, hopefully, would feel secure enough to allow genuine democracy in the territory. KEYWORDS: Pro-democracy movement, electoral reforms, internal splits, legitimacy deficit, pro-Beijing united front, social polarization, and “post-80s generation” he Hong Kong Special Administrative Region (HKSAR) government pro-Beijing united front, as political and social polarisation poses serious released the document “Methods for Selecting the Chief Executive problems for effective governance as well.
    [Show full text]
  • The Subaltern Public Sphere of Hong Kong Youth
    The Subaltern Public Sphere of Hong Kong Youth HO Man-sze A Thesis Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Philosophy in Communication • The Chinese University of Hong Kong December 2004 The Chinese University of Hong Kong holds the copyright of this thesis. Any person(s) intending to use a part or whole of the materials in the thesis in a proposed publication must seek copyright release from the Dean of the Graduate School. 产/統系餘t P f! fiT lil ~U隨sity Abstract Despite that Hong Kong youth has always been molded with a passive image in social and political participation, we could find their participation in marches and discussions over public affairs in their daily lives. Based on this contradicting phenomenon, this study examined the daily political discourses of Hong Kong youth under the framework of subaltern public sphere theory. The data were collected by in-depth interviews and complemented by a secondary analysis of a questionnaire survey. The findings suggested an existence of open and free political discussions among Hong Kong youth, even though they are of insignificant amount. They are mostly conducted in the form of face-to-face interaction. The findings also identified Hong Kong youth's social and political discussions contain some characteristics of a subaltern public sphere - (1) a variety of contents including the social and political affairs; (2) a deliberative and rational discourse. Yet it is too early to say these discussions composed a subaltern public sphere of Hong Kong youth, the potential for the development of a subaltern public sphere is recognized.
    [Show full text]
  • 2020 HKYLP Diversifying Hong Kong's Economy and Creating
    Sections Page Executive Summary 3-5 Introduction and Background 6-10 Vision and Focus Areas 11-15 Healthcare 16-35 Urban and Green Tech 36-51 Aviation 52-67 Biotechnology 68-79 Conclusion 80-82 2 Hong Kong has been doubly hit by social unrest and the COVID-19 pandemic in the past two years, revealing structural issues of the economy that has in part led to social inequalities and discontent among young people in the city. With uncertainties looming in the global economic landscape, Hong Kong must not lose sight of its core strengths and positioning as a hub for financial and economic activities in Asia. The question for Hong Kong is how it will translate future economic development into opportunities for local people to set up their own businesses, advance their careers and lead a fulfilling life. The Hong Kong Young Leaders Programme 2020 explores this topic by investigating how the local economy could be diversified to provide more employment opportunities for youth. The report delves into four key focus areas with high growth potential: healthcare, urban and green tech, aviation and biotechnology, and comes up with relevant policy proposals under each sector that aim to create employment opportunities and facilitate growth of the industries overall. An overarching vision for the economy is needed to provide guiding principles for future policymaking, which ultimately, determines how Hong Kong will respond to future opportunities and challenges. The report attempts to offer such a vision by creating a vision statement for the Hong Kong economy: Hong Kong will be a people-centric, economically vibrant and socially cohesive city that allows the young generation to fulfill their aspirations and live a purposeful life.
    [Show full text]
  • Minutes Have Been Seen by the Administration)
    立法會 Legislative Council Ref : CB2/PL/CA LC Paper No. CB(2)134/12-13 (These minutes have been seen by the Administration) Panel on Constitutional Affairs Minutes of special meeting held on Saturday, 26 May 2012, at 9:00 am in Conference Room 1 of the Legislative Council Complex Members : Hon TAM Yiu-chung, GBS, JP (Chairman) present Hon Mrs Sophie LEUNG LAU Yau-fun, GBS, JP (Deputy Chairman) Hon Albert HO Chun-yan Dr Hon Margaret NG Hon CHEUNG Man-kwong Dr Hon Philip WONG Yu-hong, GBS Hon WONG Yung-kan, SBS, JP Hon LAU Kong-wah, JP Hon Miriam LAU Kin-yee, GBS, JP Hon Emily LAU Wai-hing, JP Hon Abraham SHEK Lai-him, SBS, JP Hon Audrey EU Yuet-mee, SC, JP Hon Jeffrey LAM Kin-fung, GBS, JP Hon CHEUNG Hok-ming, GBS, JP Hon WONG Ting-kwong, BBS, JP Hon Cyd HO Sau-lan Hon CHAN Kin-por, JP Dr Hon Priscilla LEUNG Mei-fun, JP Hon WONG Kwok-kin, BBS Hon Mrs Regina IP LAU Suk-yee, GBS, JP Dr Hon Samson TAM Wai-ho, JP Hon Alan LEONG Kah-kit, SC Hon LEUNG Kwok-hung Members : Prof Hon Patrick LAU Sau-shing, SBS, JP attending Dr Hon PAN Pey-chyou Members : Ir Dr Hon Raymond HO Chung-tai, SBS, S.B.St.J., JP absent Hon LAU Wong-fat, GBM, GBS, JP Hon Timothy FOK Tsun-ting, GBS, JP - 2 - Hon WONG Kwok-hing, MH Hon LEE Wing-tat Hon Ronny TONG Ka-wah, SC Hon CHIM Pui-chung Dr Hon LAM Tai-fai, BBS, JP Hon IP Kwok-him, GBS, JP Hon Paul TSE Wai-chun, JP Hon WONG Yuk-man Public Officers : Sessions One to Three attending Office of the Chief Executive-elect Mrs Fanny LAW FAN Chiu-fun Head of the Chief Executive-elect's Office Constitutional and Mainland Affairs
    [Show full text]
  • Minutes of the Sixth Meeting Held on Saturday, 11 May 2002 at 9:00 Am to 1:00 Pm in the Chamber of the Legislative Council Building
    立法會 Legislative Council LC Paper No. CB(2)2659/01-02 Ref : CB2/HS/1/01 Legislative Council Subcommittee to Study the Proposed Accountability System for Principal Officials and Related Issues Minutes of the sixth meeting held on Saturday, 11 May 2002 at 9:00 am to 1:00 pm in the Chamber of the Legislative Council Building Members : Hon IP Kwok-him, JP (Chairman) Present Dr Hon YEUNG Sum (Deputy Chairman) Hon Kenneth TING Woo-shou, JP Hon James TIEN Pei-chun, GBS, JP Hon Albert HO Chun-yan Ir Dr Hon Raymond HO Chung-tai, JP Hon LEE Cheuk-yan Hon NG Leung-sing, JP Hon HUI Cheung-ching, JP Hon Andrew WONG Wang-fat, JP Dr Hon Philip WONG Yu-hong Hon Howard YOUNG, JP Hon YEUNG Yiu-chung, BBS Hon Ambrose LAU Hon-chuen, GBS, JP Hon CHOY So-yuk Hon TAM Yiu-chung, GBS, JP Hon LI Fung-ying, JP Dr Hon LO Wing-lok Hon Audrey EU Yuet-mee, SC, JP Hon MA Fung-kwok Hon Margaret NG Hon Emily LAU Wai-hing, JP Hon Timothy FOK Tsun-ting, SBS, JP Hon Michael MAK Kwok-fung Members : Hon SIN Chung-kai Attending Hon LAU Ping-cheung - 2 - Members : Dr Hon David CHU Yu-lin, JP Absent Hon Cyd HO Sau-lan Hon Eric LI Ka-cheung, JP Hon CHEUNG Man-kwong Hon CHAN Kam-lam Hon Jasper TSANG Yok-sing, JP Hon SZETO Wah Dr Hon TANG Siu-tong, JP Hon Abraham SHEK Lai-him, JP Hon LEUNG Fu-wah, MH, JP Public Officers : Mr Clement C H MAK Attending Deputy Secretary for Constitutional Affairs Miss Agnes T Y WONG Principal Assistant Secretary for Civil Service By invitation : 9:00 am - 11:00 am Hong Kong Federation of Civil Service Unions Mr LEUNG Chau-ting Chairman Mr CHU Wai-hung
    [Show full text]
  • HK Foreign Direct Investment, March 2017
    InvestHK Bimonthly Newsletter March 2017 2017 / 18 Budget Promotes Diversified Economic Development The Government will continue to work with major trading and investment partners to open up more markets and remove market impediments to strengthen Hong Kong's status as a regional investment, financial and logistics hub Hong Kong’s Financial Secretary Paul 2.3 percent. For 2017, headline inflation force of steady economic growth. Hong Chan unveiled the 2017-18 Budget on is estimated at 1.8 percent with Kong will continue to build on its status 22 February. On the economic front, underlying inflation of 2 percent. as the global offshore Renminbi (RMB) the economy grew by 1.9 percent business hub and will explore with for 2016 as a whole and is forecast to Boosting Pillar Industries grow by 2-3 percent in 2017. Headline Hong Kong’s financial services, Mainland authorities ways to open up inflation was 2.4 percent in 2016, with accounting for 18 percent of gross more two-way cross-border channels an underlying inflation rate of domestic product (GDP), is a key driving for RMB fund flows. investhk.gov.hk International Forward Calendar 3 Case Studies 7-15 this Special Feature: StartmeupHK Festival 2017 4 New Investors 16 Issue Market Focus: Korea and Mexico 6 2 To develop the asset and wealth management sectors, the bank real-time payment platform. The Government will Government proposes extending the profits tax exemption to also encourage the industry to make good use of the trial onshore privately offered open-ended fund companies. This environment provided by the FinTech Supervisory Sandbox, will help attract more funds to domicile in Hong Kong and so as to deliver more products and services based on different build Hong Kong’s fund manufacturing capabilities.
    [Show full text]