Carrie Lam Becomes Fifth Hong Kong Chief Executive
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Switzerland and Hongkong Strengthen Their Cooperation in Financial Markets
Switzerland and Hong Kong strengthen their cooperation in financial markets On 23 January 2018, Federal Councillor Ueli Maurer and Mrs Carrie Lam, Chief Executive of Hong Kong SAR, met in Bern to strengthen bilateral cooperation in the area of financial markets and to exchange views on international financial and tax matters. Authorities and private sector representatives from Hong Kong and Switzerland signed three Memorandums of Understanding (MoU) during the meeting. During their meeting, Switzerland's Federal Councillor Ueli Maurer and Hong Kong's Chief Executive Mrs Carrie Lam discussed topics including the further development of the two financial centres, the opportunities arising from the opening-up of the financial markets in Mainland of the People’s Republic of China, developments in the fintech sector and international tax issues. They also reaffirmed their commitment to further enhance bilateral collaboration to promote the healthy development of the financial services industry in and between Switzerland and Hong Kong. Hong Kong and Switzerland held an official financial dialogue for the first time in September 2017, during which the two places agreed to further formalise bilateral financial collaboration. Three MoUs were signed today. The first MoU, signed by Norman Chan, Chief Executive of the Hong Kong Monetary Authority (HKMA), and Jörg Gasser, Head of the Swiss State Secretariat for International Financial Matters (SIF), serves as the basis for regular financial dialogue and sets out the parties' willingness to strengthen financial markets cooperation, including in the area of RMB internationalisation, wealth management, infrastructure financing and international financial matters. The Swiss Financial Market Supervisory Authority (FINMA) also signed an MoU with the HKMA to enhance fintech collaboration with a view to facilitating financial innovation in the two places. -
Official Record of Proceedings
LEGISLATIVE COUNCIL ─ 3 November 2010 1399 OFFICIAL RECORD OF PROCEEDINGS Wednesday, 3 November 2010 The Council met at Eleven o'clock MEMBERS PRESENT: THE PRESIDENT THE HONOURABLE JASPER TSANG YOK-SING, G.B.S., J.P. THE HONOURABLE ALBERT HO CHUN-YAN IR DR THE HONOURABLE RAYMOND HO CHUNG-TAI, S.B.S., S.B.ST.J., J.P. THE HONOURABLE LEE CHEUK-YAN DR THE HONOURABLE DAVID LI KWOK-PO, G.B.M., G.B.S., J.P. THE HONOURABLE FRED LI WAH-MING, S.B.S., J.P. DR THE HONOURABLE MARGARET NG THE HONOURABLE JAMES TO KUN-SUN THE HONOURABLE CHEUNG MAN-KWONG THE HONOURABLE CHAN KAM-LAM, S.B.S., J.P. THE HONOURABLE MRS SOPHIE LEUNG LAU YAU-FUN, G.B.S., J.P. THE HONOURABLE LEUNG YIU-CHUNG DR THE HONOURABLE PHILIP WONG YU-HONG, G.B.S. 1400 LEGISLATIVE COUNCIL ─ 3 November 2010 THE HONOURABLE WONG YUNG-KAN, S.B.S., J.P. THE HONOURABLE LAU KONG-WAH, J.P. THE HONOURABLE LAU WONG-FAT, G.B.M., G.B.S., J.P. THE HONOURABLE MIRIAM LAU KIN-YEE, G.B.S., J.P. THE HONOURABLE EMILY LAU WAI-HING, J.P. THE HONOURABLE ANDREW CHENG KAR-FOO THE HONOURABLE TIMOTHY FOK TSUN-TING, G.B.S., J.P. THE HONOURABLE TAM YIU-CHUNG, G.B.S., J.P. THE HONOURABLE ABRAHAM SHEK LAI-HIM, S.B.S., J.P. THE HONOURABLE LI FUNG-YING, S.B.S., J.P. THE HONOURABLE TOMMY CHEUNG YU-YAN, S.B.S., J.P. THE HONOURABLE FREDERICK FUNG KIN-KEE, S.B.S., J.P. -
Bay to Bay: China's Greater Bay Area Plan and Its Synergies for US And
June 2021 Bay to Bay China’s Greater Bay Area Plan and Its Synergies for US and San Francisco Bay Area Business Acknowledgments Contents This report was prepared by the Bay Area Council Economic Institute for the Hong Kong Trade Executive Summary ...................................................1 Development Council (HKTDC). Sean Randolph, Senior Director at the Institute, led the analysis with support from Overview ...................................................................5 Niels Erich, a consultant to the Institute who co-authored Historic Significance ................................................... 6 the paper. The Economic Institute is grateful for the valuable information and insights provided by a number Cooperative Goals ..................................................... 7 of subject matter experts who shared their views: Louis CHAPTER 1 Chan (Assistant Principal Economist, Global Research, China’s Trade Portal and Laboratory for Innovation ...9 Hong Kong Trade Development Council); Gary Reischel GBA Core Cities ....................................................... 10 (Founding Managing Partner, Qiming Venture Partners); Peter Fuhrman (CEO, China First Capital); Robbie Tian GBA Key Node Cities............................................... 12 (Director, International Cooperation Group, Shanghai Regional Development Strategy .............................. 13 Institute of Science and Technology Policy); Peijun Duan (Visiting Scholar, Fairbank Center for Chinese Studies Connecting the Dots .............................................. -
Hong Kong: Key Issues in 2021
December 23, 2020 Hong Kong: Key Issues in 2021 The Hong Kong Special Administrative Region (HKSAR, country or with external elements to endanger national or Hong Kong) is a city located off the southern coast of security.” The NPCSC and the HKSAR government have Guangdong Province, People’s Republic of China (PRC or stated that the NSL was necessary to restore order China). More than 90% of Hong Kong’s population is following the large-scale protests of 2019. For more about ethnically Chinese. The first language of the vast majority the 2019 protests, see CRS In Focus IF11295, Hong Kong’s is Cantonese, a variety of Chinese different from what is Protests of 2019. spoken in most of the PRC. Hong Kong at a Glance Under the provisions of a 1984 international treaty known Population (2020): 7.5 million as the “Joint Declaration,” sovereignty over Hong Kong Area: 1,082 square kilometers (418 square miles) transferred from the United Kingdom to the PRC on July 1, Per Capita GDP (2019): HK$381,714 (US$48,938) 1997. In the Joint Declaration, China pledged the former British colony “will enjoy a high degree of autonomy, Life Expectancy (at birth, 2018): Men: 82.2 years; except in foreign and defence affairs,” and “will be vested Women: 88.1 years with executive, legislative and independent judicial power, Leadership: Chief Executive Carrie Lam Cheng Yuet-ngor including that of final adjudication.” China also promised Source: Hong Kong Census and Statistics Department that the “[r]ights and freedoms, including those of the person, of speech, of the press, of assembly, of association, The Hong Kong Police Force (HKPF) has arrested dozens of travel, of movement, of correspondence, of strike, of of people for alleged NSL violations. -
Nysba Spring 2017 | Vol
NYSBA SPRING 2017 | VOL. 10 | NO. 1 New York Dispute Resolution Lawyer A publication of the Dispute Resolution Section of the New York State Bar Association Brainstorm Arbitrate Knowledgeable Original Private Mediate Collaborate Dispute Effi cient Effective Solve Party-oriented Confi dentialInternational Enforceable Negotiate Expert Resolve Control www.nysba.org/DRS From the NYSBA Book Store Arbitration and Mediation Authors Leona Beane, Esq. Kelly A. Libiera, Esq. Joseph A. DiBenedetto, Esq. Contents at a glance This practice guide examines the two most common forms of alternative dispute resolution–Arbitration and Mediation. Arbitration and Mediation resolves the misconception that these two procedures are interchangeable by discussing their differences and providing examples of when each procedure should be used. Complete with valuable practice pointers, sample arbitration forms PRODUCT INFO AND PRICES and appendices, this practice guide also includes Forms on CD. 2016-2017 / about 154 pp., softbound PN: 40247 (Book and CD) PN: 40247E (Downloadable PDF) Section NYSBA Members $125 Members get Non-members $165 20% discount* $5.95 shipping and handling within the continental U.S. The with coupon code cost for shipping and handling outside the continental U.S. will be based on destination and added to your order. Prices do not PUB8565N include applicable sales tax. Get the Information Edge NEW YORK STATE BAR ASSOCIATION 1.800.582.2452 www.nysba.org/pubs Mention Code: PUB8565N *Discount good until May 15, 2017. Table of Contents Page Message from the Chair .............................................................................................................................5 (Abigail Pessen) Message from the Co-Editors-in-Chief ....................................................................................................6 (Edna Sussman, Laura A. Kaster and Sherman Kahn) Ethical Compass When the Empty ADR Chair Is Occupied by a Litigation Funder ......................................................7 (Professor Elayne E. -
Is Poverty Eradication Impossible? a Critique on the Misconceptions of the Hong Kong Government • Hung Wong
STARTING3 ISSUES FROM PER YEAR2016 The China Review An Interdisciplinary Journal on Greater China Volume 15 Number 2 Fall 2015 Special Issue Introduction: Poverty in a Rich Society—The Case of Hong Kong • Maggie Lau (Guest Editor) My Experience Researching Poverty over the Past 35 Years • Nelson W. S. Chow Poverty in Hong Kong • Maggie Lau, Christina Pantazis, David Gordon, Lea Lai, and Eileen Sutton Setting the Poverty Line: Policy Implications for Squaring the Welfare Circle in Volume 15 Number 2 Fall 2015 Hong Kong • Florence Meng-soi Fong and Chack-kie Wong Health Inequality in Hong Kong • Roger Y. Chung and Samuel Y. S. Wong An Interdisciplinary Enhancing Global Competitiveness and Human Capital Management: Does Journal on Education Help Reduce Inequality and Poverty in Hong Kong? • Ka Ho Mok Greater China Is Poverty Eradication Impossible? A Critique on the Misconceptions of the Hong Kong Government • Hung Wong Book Reviews Special Issue Poverty in a Rich Society Vol. 15, No. 2, Fall 2015 2, Fall 15, No. Vol. —The Case of Hong Kong Available online via ProQuest Asia Business & Reference Project MUSE at http://muse.jhu.edu/journals/china_review/ JSTOR at http://www.jstor.org/journal/chinareview STARTING3 ISSUES FROM PER YEAR2016 The China Review An Interdisciplinary Journal on Greater China Volume 15 Number 2 Fall 2015 Special Issue Introduction: Poverty in a Rich Society—The Case of Hong Kong • Maggie Lau (Guest Editor) My Experience Researching Poverty over the Past 35 Years • Nelson W. S. Chow Poverty in Hong Kong • Maggie Lau, Christina Pantazis, David Gordon, Lea Lai, and Eileen Sutton Setting the Poverty Line: Policy Implications for Squaring the Welfare Circle in Volume 15 Number 2 Fall 2015 Hong Kong • Florence Meng-soi Fong and Chack-kie Wong Health Inequality in Hong Kong • Roger Y. -
Hong Kong E-News Bulletin January 3, 2018
Hong Kong e-News Bulletin January 3, 2018 HONG KONG NEWS Co-operation Arrangement for XRL co-location arrangement The Standing Committee of the National People's Congress (NPCSC) approved the Co- operation Arrangement between the Mainland and the Hong Kong Special Administrative Region (HKSAR) on the Establishment of the Port at the West Kowloon Station of the Guangzhou-Shenzhen-Hong Kong Express Rail Link (XRL) for Implementing Co-location Arrangement (Co-operation Arrangement) on December 27, 2017. HKSAR Government welcomes the decision made by NPCSC. The Chief Executive, Mrs Carrie Lam, said that this signified the accomplishment of the second step in the "Three-step Process" to provide a firm legal basis for the implementation of co-location arrangement at the West Kowloon Station (WKS). Mrs Lam further noted that there is no more doubt that co-location arrangement at the WKS to enable passengers travelling on the XRL to complete clearance procedures of both Hong Kong and the Mainland at the station in one go is the best way to optimise the transport, economic and social benefits of the XRL. This arrangement has received majority support in the community. Construction works of the Hong Kong Section of the XRL, which started in 2010, are now roughly 98 per cent completed. The Mass Transit Railway Corporation Limited is confident to commission this very important piece of railway project in the third quarter of 2018. The HKSAR Government will strive to introduce the Bill to implement co-location arrangement at the WKS pursuant to the NPCSC's Decision and the approved Co- operation Arrangement into LegCo no later than early February 2018. -
Sopa-Scoopzhoutarget
Friday, August 30, 2013 A3 Beam me up LEADING THE NEWS K-pop stars are embracing hologram COMMERCE Oil giants technology to reach a wider audience > L I F E C 7 banned Unwelcome guest Create your dream home Health headache from new Aquino cancels visit to China: Chic, stylish furniture Migraines can cause INVESTMENT TEAMS TO BE REINED IN Beijing says he was never and accessories for permanent brain damage projects invited in the first place discerning buyers and raise risk of strokes Commerce Ministry targets extravagance by delegations sent Foreign direct investment is a Previously, investment jun- key economic indicator used to kets were believed to be immune > LEA D ING T HE N EWS A 3 > 20-PAG E SPE CIA L REP O R T > WORLD A15 to Hong Kong and Macau to seek investment for their regions gauge officials’ performance, and from the campaign against offi- Beijing makes state ................................................ dozens of delegations from local cial extravagance. overstated the number of partici- His remarks followed the flag- governments flock to Hong Kong The The People’s Daily said busi- energy companies pay Daniel Ren pants and the value of deals ship newspaper’s harsh criticism every year to seek such invest- ness delegations stayed in five- [email protected] phenomenon the price for failing to signed during their promotional on Monday of investment dele- ments. star hotels and invited business- activities. gations travelling to Hong Kong. Yao admitted that the delega- reflects a severe men to expensive restaurants, meet pollution targets The Ministry of Commerce has “They were desperate to get This was the first time that a tions played a positive role in level of spending as much as 1,000 yuan pledged to rein in extravagance abig number of foreign business- Communist Party mouthpiece spurring the nation’s economic (HK$1,260) per head for a break- ............................................... -
Cantonese Subtitle of the TV API On
Description of visuals of the 3rd TV API on Public Consultation on Constitutional Development Description of visuals of the TV Announcement in the Public Interest Description of visuals: The screen shows a boy watching television in a living room. Showing on TV is an Announcement in the Public Interest on the Public Consultation on Methods for Selecting the Chief Executive in 2017 and for Forming the Legislative Council in 2016. The Secretary for Justice, Mr Rimsky Yuen, is speaking in the TV announcement and says: Secretary for Justice Mr Let’s discuss on the basis of the Basic Law. Rimsky Yuen: Description of visuals: The boy’s father walks into the living room. The boy asks his father: Boy: What does the Basic Law say about universal suffrage for the Chief Executive Election? Description of visuals: A speech bubble containing the words “Basic Law” appears on the screen. Description of visuals: The scene turns to a library. Four university students are talking together. One male student says: University student 1: First, the Nominating Committee will nominate candidates. Description of visuals: A speech bubble containing the words “Nomination by Nominating Committee” appears on the screen. Description of visuals: Another male student says: University student 2: Then there will be a “one-person, one-vote” election. Description of visuals: A speech bubble containing the words “One person, one vote” appears on the screen. Description of visuals: A female student who is sitting next to them then says: University student 3: Finally, appointment by the Central People’s Government. Description of visuals: A speech bubble containing the words “Appointment by Central People’s Government” appears on the screen. -
HKTDC Advisory Committees
HKTDC Advisory Committees HKTDC Industry Advisory Committees • Electronics/Electrical Appliances Industries Advisory Committee • Fur Advisory Committee • Garment Advisory Committee • Innovation and Technology Advisory Committee • Jewellery Advisory Committee • Toys Advisory Committee • Watches & Clocks Advisory Committee HKTDC Mainland Business Advisory Committee HKTDC Service Advisory Committees • Design, Marketing and Licensing Services Advisory Committee • Entertainment Industry Advisory Committee • Financial Services Advisory Committee • Information & Communications Technology (ICT) Services Advisory Committee • Infrastructure Development Advisory Committee • Logistics Services Advisory Committee • Professional Services Advisory Committee HKTDC Industry Advisory Committees Electronics/Electrical Appliances Industries Advisory Committee Chairman: Mr Steve Chuang Chief Executive Officer Precision Enterprise Limited Members: Mr Eric Chan CEO Iotena Technology Ltd Mr Patrick Chan Executive Director Lee Kee Group Mr John Cheng Founder & CEO Momax Technology (Hong Kong) Limited Prof Tim Cheng, BS, PhD Dean of Engineering Hong Kong University of Science and Technology Mr Daniel Chun CEO Remotec Technology Limited Mr Ken Fung Executive Director Vice President, Sales and Operations German Pool (Hong Kong) Ltd Ms Martha Hao Business Consultant Wise Ally Holdings Ltd Mr Wilson Lai President Hollyland Group Holdings Ltd Ms Wing Lau Marketing & Sales Director Freemax Technology Co., Ltd Dr Lydia Leung Chief Executive Officer Belun Technology Company -
081216-Keast-YAIA-HK
Hong Kong’s disaffected youths – Is the criticism warranted? December 7, 2016 Jacinta Keast Sixtus ‘Baggio’ Leung and Yau Wai-ching, two young legislators from the localist Youngspiration party, have been barred from Hong Kong’s legislative council (LegCo). Never has China’s National People’s Congress (NPC) jumped to an interpretation on a matter in Hong Kong without a prior request from the local government or courts. This comes after the pair modified their oaths, including enunciating the word ‘China’ as ‘Cheena’ (支那), a derogatory term used by the Japanese in World War II, using expletives to refer to the People’s Republic of China, and waving around blue ‘Hong Kong is not China’ banners at their swearing in. Commentators, including those from the pan-democratic side of the legislature, have called their behaviour infantile, ignorant and thuggish, and have demanded ‘that the hooligans be locked up’. But is this criticism warranted? A growing tide of anti-Mainlander vitriol has been building in Hong Kong since it was handed back to the People’s Republic of China in 1997 under a special constitution termed The Basic Law. In theory, the constitution gave Hong Kong special privileges the Mainland did not enjoy—a policy called ‘One Country, Two Systems’. But in practice, more and more Hong Kong residents feel that the long arm of Beijing’s soft power is extending over the territory. The Occupy movement and later the 2014 Umbrella Revolution began once it was revealed that the Chinese government would be pre-screening candidates for the 2017 Hong Kong Chief Executive election, the election for Hong Kong’s top official. -
A Case Study of Hong Kong SAR and Its Implications to Chinese Foreign Policy
Paradiplomacy and its Constraints in a Quasi-Federal System – A Case Study of Hong Kong SAR and its Implications to Chinese Foreign Policy Wai-shun Wilson CHAN ([email protected]) Introduction Thank for the Umbrella Movement in 2014, Hong Kong has once again become the focal point of international media. Apart from focusing the tensions built among the government, the pro-Beijing camp and the protestors on the pathway and the pace for local democratization, some media reports have linked the movement with the Tiananmen Incident, and serves as a testing case whether “One Country, Two Systems” could be uphold under the new Xin Jinping leadership.1 While academics and commentators in Hong Kong and overseas tend to evaluate the proposition from increasing presence of Beijing in domestic politics and the decline of freedoms and rights enjoyed by civil society,2 little evaluation is conducted from the perspective of the external autonomy enjoyed by Hong Kong under “One Country, Two Systems”. In fact, the Sino-British Joint Declaration and the subsequent Basic Law have defined and elaborated the scope of Hong Kong’s autonomy in conducting external relations ‘with states, regions and relevant international organizations.’ 3 It is therefore tempted to suggest that the external autonomy enjoyed by Hong Kong SAR Government serves as the other pillar of “One Country, Two Systems”, giving an unique identity of Hong Kong in global politics which may be different from that possessed by mainland China. Though officially “One Country, Two Systems” practiced in Hong Kong (and Macao) is not recognized by Beijing as a federal arrangement between the Central People’s Government and Hong Kong SAR Government, the internal and external autonomy stipulated in the Basic Law gives Hong Kong similar, to some extent even more, power as a typical federated unit.