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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. -
Hong Kong SAR
China Data Supplement November 2006 J People’s Republic of China J Hong Kong SAR J Macau SAR J Taiwan ISSN 0943-7533 China aktuell Data Supplement – PRC, Hong Kong SAR, Macau SAR, Taiwan 1 Contents The Main National Leadership of the PRC 2 LIU Jen-Kai The Main Provincial Leadership of the PRC 30 LIU Jen-Kai Data on Changes in PRC Main Leadership 37 LIU Jen-Kai PRC Agreements with Foreign Countries 47 LIU Jen-Kai PRC Laws and Regulations 50 LIU Jen-Kai Hong Kong SAR 54 Political, Social and Economic Data LIU Jen-Kai Macau SAR 61 Political, Social and Economic Data LIU Jen-Kai Taiwan 65 Political, Social and Economic Data LIU Jen-Kai ISSN 0943-7533 All information given here is derived from generally accessible sources. Publisher/Distributor: GIGA Institute of Asian Affairs Rothenbaumchaussee 32 20148 Hamburg Germany Phone: +49 (0 40) 42 88 74-0 Fax: +49 (040) 4107945 2 November 2006 The Main National Leadership of the PRC LIU Jen-Kai Abbreviations and Explanatory Notes CCP CC Chinese Communist Party Central Committee CCa Central Committee, alternate member CCm Central Committee, member CCSm Central Committee Secretariat, member PBa Politburo, alternate member PBm Politburo, member Cdr. Commander Chp. Chairperson CPPCC Chinese People’s Political Consultative Conference CYL Communist Youth League Dep. P.C. Deputy Political Commissar Dir. Director exec. executive f female Gen.Man. General Manager Gen.Sec. General Secretary Hon.Chp. Honorary Chairperson H.V.-Chp. Honorary Vice-Chairperson MPC Municipal People’s Congress NPC National People’s Congress PCC Political Consultative Conference PLA People’s Liberation Army Pol.Com. -
The RTHK Coverage of the 2004 Legislative Council Election Compared with the Commercial Broadcaster
Mainstream or Alternative? The RTHK Coverage of the 2004 Legislative Council Election Compared with the Commercial Broadcaster so Ming Hang A Thesis Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Philosophy in Government and Public Administration © The Chinese University of Hong Kong June 2005 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. 卜二,A館書圆^^ m 18 1 KK j|| Abstract Theoretically, public broadcaster and commercial broadcaster are set up and run by two different mechanisms. Commercial broadcaster, as a proprietary organization, is believed to emphasize on maximizing the profit while the public broadcaster, without commercial considerations, is usually expected to achieve some objectives or goals instead of making profits. Therefore, the contribution by public broadcaster to the society is usually expected to be different from those by commercial broadcaster. However, the public broadcasters are in crisis around the world because of their unclear role in actual practice. Many politicians claim that they cannot find any difference between the public broadcasters and the commercial broadcasters and thus they asserted to cut the budget of public broadcasters or even privatize all public broadcasters. Having this unstable situation of the public broadcasting, the role or performance of the public broadcasters in actual practice has drawn much attention from both policy-makers and scholars. Empirical studies are divergent on whether there is difference between public and commercial broadcaster in actual practice. -
Monthly Report HK
January 2011 in Hong Kong 31.1.2011 / No 85 A condensed press review prepared by the Consulate General of Switzerland in HK Economy + Finance HK still ranked world's freest economy: HK remains the world’s freest economy for the 17th straight year and ranked 1st out of 41 countries – according to a report released by the Heritage Foundation and the Wall Street Journal. The city’s score remains unchanged from last year at 89.7 out of 100 in the 2011 Index of Economic Freedom, with small declines in the score for government spending and labour freedom offsetting improvements in fiscal freedom, monetary freedom, and freedom from corruption. The report said HK is one of the world’s most competitive financial and business centres, demonstrating a high degree of resilience during the global financial crisis. City casts off shadow of global financial crisis: HK's economy is rebounding from the aftermath of the global financial crisis, with the public coffers enjoying the first eight-month surplus in three years. The latest announcement showed a far better financial picture than the government had forecast. In his budget speech in February, Financial Secretary John Tsang projected a net deficit of HK$25.2 billion for the current financial year. However, consensus estimates among most accounting firms now put the full financial year budget at a surplus of at least HK$60 billion. The reserves stood at HK$537 billion as of November 30, compared to HK$455.5 billion a year earlier. HK jobless rate falls to 4pc: HK's unemployment rate declined from 4.1 per cent in September to November last year to 4.0 per cent in October to December last year. -
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. -
RTHK UNDER SIEGE Hong Kong Government Takes on the Public Broadcaster
RTHK UNDER SIEGE Hong Kong Government Takes on the Public Broadcaster 2006 ANNUAL REPORT REPORT OF THE HONG KONG JOURNALISTS ASSOCIATION JULY 2006 Hong Kong Government Takes on the Public Broadcaster: 2006 Annual Report 1 Contents Introduction and recommendations ................................................................................................................2 Section 1 GOVERNMENT TARGETS PUBLIC BROADCASTING ............................5 A chequered history................................................................................6 Beijing thwarts formal independence ....................................................6 Pro-Beijing voices of disapproval ...........................................................7 At last, the review goes forward .............................................................8 So far so good, but where are the critics?...............................................8 RTHK faces pressure on other fronts ....................................................10 Public access becomes an issue.............................................................11 Section 2 PROJECTING A FUTURE FOR RTHK ....................................................12 RTHK’s role...........................................................................................12 RTHK and public...................................................................................12 Programme producer............................................................................12 Public connector...................................................................................13 -
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. -
Journal of Current Chinese Affairs
China Data Supplement October 2006 J People’s Republic of China J Hong Kong SAR J Macau SAR J Taiwan ISSN 0943-7533 China aktuell Data Supplement – PRC, Hong Kong SAR, Macau SAR, Taiwan 1 Contents The Main National Leadership of the PRC 2 LIU Jen-Kai The Main Provincial Leadership of the PRC 30 LIU Jen-Kai Data on Changes in PRC Main Leadership 37 LIU Jen-Kai PRC Agreements with Foreign Countries 44 LIU Jen-Kai PRC Laws and Regulations 48 LIU Jen-Kai Hong Kong SAR 49 Political, Social and Economic Data LIU Jen-Kai Macau SAR 56 Political, Social and Economic Data LIU Jen-Kai Taiwan 60 Political, Social and Economic Data LIU Jen-Kai ISSN 0943-7533 All information given here is derived from generally accessible sources. Publisher/Distributor: GIGA Institute of Asian Affairs Rothenbaumchaussee 32 20148 Hamburg Germany Phone: +49 (0 40) 42 88 74-0 Fax: +49 (040) 4107945 2 October 2006 The Main National Leadership of the PRC LIU Jen-Kai Abbreviations and Explanatory Notes CCP CC Chinese Communist Party Central Committee CCa Central Committee, alternate member CCm Central Committee, member CCSm Central Committee Secretariat, member PBa Politburo, alternate member PBm Politburo, member Cdr. Commander Chp. Chairperson CPPCC Chinese People’s Political Consultative Conference CYL Communist Youth League Dep. P.C. Deputy Political Commissar Dir. Director exec. executive f female Gen.Man. General Manager Gen.Sec. General Secretary Hon.Chp. Honorary Chairperson H.V.-Chp. Honorary Vice-Chairperson MPC Municipal People’s Congress NPC National People’s Congress PCC Political Consultative Conference PLA People’s Liberation Army Pol.Com. -
Basic Law and Hong Kong's Bilateral Relations
External Relations of Hong Kong: The Most Neglected Subject in International Relations? Colonial Law: Promulgated by the UK Basic Law: As Authorized by the NPC of PRC › No Nullifying Power › Full Sovereignty from PRC The Central People's Government shall be responsible for the foreign affairs relating to the Hong Kong Special Administrative Region. The Ministry of Foreign Affairs of the People's Republic of China shall establish an office in Hong Kong to deal with foreign affairs. The Central People's Government authorizes the Hong Kong Special Administrative Region to conduct relevant external affairs on its own in accordance with this Law. Representatives of the Government of the Hong Kong Special Administrative Region may, as members of delegations of the Government of the People's Republic of China, participate in negotiations at the diplomatic level directly affecting the Region conducted by the Central People's Government. The Hong Kong Special Administrative Region may on its own, using the name ""Hong Kong, China "", maintain and develop relations and conclude and implement agreements with foreign states and regions and relevant international organizations in the appropriate fields, including the economic, trade, financial and monetary, shipping, communications, tourism, cultural and sports fields. WTO: “Tariff” APEC: “Economy” FIFA: “Domestic League” The application to the Hong Kong Special Administrative Region of international agreements to which the People's Republic of China is or becomes a party shall be decided by the Central People's Government, in accordance with the circumstances and needs of the Region, and after seeking the views of the government of the Region. -
Six-Monthly Report on Hong Kong 1 January €“ 30 June 2009 Cm 7694
Six-monthly Report on Hong Kong 1 July – 31 December 2009 Cm 7812 £5.50 Six-monthly Report on Hong Kong 1 July – 31 December 2009 Presented to Parliament by the Secretary of State for Foreign and Commonwealth Affairs by Command of Her Majesty February 2010 Cm 7812 £5.50 © Crown Copyright 2010 The text in this document (excluding the Royal Arms and other departmental or agency logos) may be reproduced free of charge in any format or medium providing it is reproduced accurately and not used in a misleading context. The material must be acknowledged as Crown copyright and the title of the document specified. Where we have identified any third party copyright material you will need to obtain permission from the copyright holders concerned. For any other use of this material please contact the Office of Public Sector Information, Information Policy Team, Kew, Richmond, Surrey TW9 4DU or e-mail: [email protected]. ISBN: 9780101781220 Printed in the UK by The Stationery Office Limited on behalf of the Controller of Her Majesty’s Stationery Office ID P002349986 02/10 1848 19585 Printed on paper containing 75% recycled fibre content minimum. FOREWORD This is the twenty-sixth in a series of reports to Parliament on the implementation of the Sino-British Joint Declaration on the Question of Hong Kong. It covers the period from 1 July to 31 December 2009. This period has seen the 25th anniversary of the Sino-British Joint Declaration on the Question of Hong Kong. This international treaty, which set out Hong Kong's rights and freedoms and established the basis for the large measure of autonomy which Hong Kong enjoys, has stood the test of time. -
OFFICIAL RECORD of PROCEEDINGS Wednesday, 11
LEGISLATIVE COUNCIL ─ 11 May 2011 10073 OFFICIAL RECORD OF PROCEEDINGS Wednesday, 11 May 2011 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. 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. THE HONOURABLE WONG YUNG-KAN, S.B.S., J.P. 10074 LEGISLATIVE COUNCIL ─ 11 May 2011 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 TAM YIU-CHUNG, G.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. THE HONOURABLE AUDREY EU YUET-MEE, S.C., J.P. THE HONOURABLE VINCENT FANG KANG, S.B.S., J.P.