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Hong Kong in the Global Economy: How the Special Administrative Region Rises to the Challenges Posed by China
Asia Programme Paper: ASP PP 2010/05 Programme Paper Hong Kong in the Global Economy: How the Special Administrative Region Rises to the Challenges Posed by China Kerry Brown Senior Research Fellow, Asia Programme, Chatham House Sophie Steel Research Assistant October 2010 The views expressed in this document are the sole responsibility of the author(s) and do not necessarily reflect the view of Chatham House, its staff, associates or Council. Chatham House is independent and owes no allegiance to any government or to any political body. It does not take institutional positions on policy issues. This document is issued on the understanding that if any extract is used, the authors and Chatham House should be credited, preferably with the date of the publication. Programme Paper: Hong Kong in the Global Economy SUMMARY • The Hong Kong Special Administrative Region (SAR) has quickly bounced back from the effects of the global economic recession in 2008/09. Economic indicators for the first half of 2010 are strong and attention is turning to the medium- to long-term outlook and Hong Kong’s position in the region. • The SAR’s links with the Mainland economy are still special, though they are evolving and changing. While previously Hong Kong has been seen as the gateway into China, in the future it is also increasingly likely to be the gateway out of the People’s Republic of China (PRC). It now needs to focus on how it can best exploit this for its international positioning as others become interested in directly attracting PRC funds and investment. -
The Chief Executive's 2020 Policy Address
The Chief Executive’s 2020 Policy Address Striving Ahead with Renewed Perseverance Contents Paragraph I. Foreword: Striving Ahead 1–3 II. Full Support of the Central Government 4–8 III. Upholding “One Country, Two Systems” 9–29 Staying True to Our Original Aspiration 9–10 Improving the Implementation of “One Country, Two Systems” 11–20 The Chief Executive’s Mission 11–13 Hong Kong National Security Law 14–17 National Flag, National Emblem and National Anthem 18 Oath-taking by Public Officers 19–20 Safeguarding the Rule of Law 21–24 Electoral Arrangements 25 Public Finance 26 Public Sector Reform 27–29 IV. Navigating through the Epidemic 30–35 Staying Vigilant in the Prolonged Fight against the Epidemic 30 Together, We Fight the Virus 31 Support of the Central Government 32 Adopting a Multi-pronged Approach 33–34 Sparing No Effort in Achieving “Zero Infection” 35 Paragraph V. New Impetus to the Economy 36–82 Economic Outlook 36 Development Strategy 37 The Mainland as Our Hinterland 38–40 Consolidating Hong Kong’s Status as an International Financial Centre 41–46 Maintaining Financial Stability and Striving for Development 41–42 Deepening Mutual Access between the Mainland and Hong Kong Financial Markets 43 Promoting Real Estate Investment Trusts in Hong Kong 44 Further Promoting the Development of Private Equity Funds 45 Family Office Business 46 Consolidating Hong Kong’s Status as an International Aviation Hub 47–49 Three-Runway System Development 47 Hong Kong-Zhuhai Airport Co-operation 48 Airport City 49 Developing Hong Kong into -
New HKETO Director to Promote Hong Kong in ASEAN Countries
HONG KONG ECONOMIC & TRADE OFFICE • SINGAPORE FilesFiles FEBRUARY 2002 ISSUE • MITA (P) 297/09/2001 New HKETO Director to promote Hong Kong in ASEAN countries THE Hong Kong Economic and Trade rule of law, a clean and accountable Office (HKETO) would strive to its administration, the free flow of captial, uttermost to maintain and foster the close information and ideas, a level playing tie between Hong Kong and ASEAN field would continue to provide the countries in trade, business and culture, basis of Hong Kong’s success in the Mr Rex Chang, Director of HKETO in future. While Hong Kong’s strategic Singapore, said at a welcoming reception location with China as its hinterland, in January. low and simple taxes, world- class Mr Chang said, “ ASEAN, taken as a transport and communication group, is Hong Kong’s third largest infrastructure, concentration of top market for domestic exports, re-exports flight financial and business service and source of imports. It is also the Mr Rex Chang, Director of Hong Kong Economic providers had all worked out to make fourth largest trading partner of Hong and Trade Office, addressing at the reception. Hong Kong the Asia’s World City. Kong. Five of the ASEAN countries, Over 200 guests including diplomats, namely Singapore, Malaysia, Thailand, enhance the understanding of Hong government officials, senior business the Philippines and Indonesia, are Kong in the region. Mr Chang added that executives and representatives from the among the top 20 trading partners of Hong Kong welcomed more investment media and community organisations Hong Kong.” from the region. -
Information of the Mobile Apps of B/Ds Available for Download by the Public (As of End-April 2019)
Annex A Information of the mobile apps of B/Ds available for download by the public (as of end-April 2019) B/D Name Annual Recurrent Cost Total Number (Approximate) of Downloads as at 30 April 2019 1. Agriculture, Fisheries Country Parks Tree $54,000 50 000 and Conservation Walks Department 2. Agriculture, Fisheries Enjoy Hiking $54,000 394 000 and Conservation Department 3. Agriculture, Fisheries Reef Check Hong $39,000 10 700 and Conservation Kong Department 4. Buildings Department Quick Guide for $65,000 12 700 MBIS/MWIS 5. Buildings Department Quick Guide for $120,000 33 000 Minor Works 6. Civil Engineering and HK Geology Maintained by deploying 22 900 Development internal resources. No Department additional expenditure is involved. 7. Civil Service Bureau Government Included in maintenance cost 600 000 Vacancies of other systems. As it is not a stand-alone project, no separate cost breakdown is available. 8. Companies Registry CR eFiling Included in the maintenance 13 900 cost of the Core System of the Companies Registry. As it is not a stand-alone project, no separate cost breakdown is available. 9. Constitutional and A Basic Law Quiz A $77,000 65 000 Mainland Affairs Bureau Day 10. Correctional Services Hong Kong Maintained by deploying 19 300 Department Correctional Services internal resources. Department Mobile No additional expenditure is App involved. 11. Customs and Excise HK Car First $45,000 19 400 Department Registration Tax 12. Department of Health CookSmart: $35,000 49 000 (Central Health EatSmart Recipes Education Unit) 13. Department of Health EatSmart Restaurant $16,000 41 000 (Central Health Education Unit) 14. -
Institutions Under Local Student Finance Scheme
Institution List under Financial Assistance Scheme for Post-secondary Students with Student Travel Subsidy Released on 28.1.2021 AA School of Continuing Education, Hong Kong Baptist University TY School of Continuing Education, Hong Kong Baptist University (Top-up Degree Programme) AQ College of International Education, Hong Kong Baptist University TX College of International Education, Hong Kong Baptist University (Top-up Degree Programme) BZ Hong Kong Baptist University - Academy of Film TB Hong Kong Baptist University (Top-up Degree Programme) AB Lingnan Institute of Further Education AC School of Continuing and Professional Studies, The Chinese University of Hong Kong CF Tung Wah College TF Tung Wah College (Top-up Degree Programme) AD Hong Kong Community College, The Hong Kong Polytechnic University TS School of Professional Education and Executive Development, The Hong Kong Polytechnic University (Top-up Degree Programme) AO The Education University of Hong Kong TE The Education University of Hong Kong (Top-up Degree Programme) AP Hong Kong Institute of Technology TT Hong Kong Institute of Technology (Top-up Degree Programme) AL Hong Kong College of Technology CS HKCT Institute of Higher Education TR HKCT Institute of Higher Education (Top-up Degree Programme) AM Hong Kong Shue Yan University TU Hong Kong Shue Yan University (Top-up Degree Programme) AU Chu Hai College of Higher Education UB Chu Hai College of Higher Education (Top-up Degree Programme) BB Hong Kong Art School CW School of General Nursing, Caritas Medical Centre -
Financial Services Industry News
Apr-Jun 2019 FINANCIAL SERVICES INDUSTRY NEWS ASSET MANAGEMENT Mutual Recognition of Funds between the Netherlands and Hong Kong The Securities and Futures Commission (SFC) and the Dutch Authority for the Financial Markets (AFM) have entered into a Memorandum of Understanding on Mutual Recognition of Funds (MoU) on 15 May 2019. The MoU will allow eligible Hong Kong Collective Investment Schemes (CIS) and Dutch Undertakings for Collective Investment in Transferable Securities (UCITS) to be distributed in each other’s market through a streamlined process. The MoU establishes a framework for exchange of information, regular dialogue as well as regulatory cooperation in relation to the cross- border offering of eligible Hong Kong CIS and Dutch UCITS. In addition, a streamlined approach to the authorisation of funds also applies where Dutch fund managers have been appointed as managers of other European Union UCITS that qualify under the SFC recognised jurisdiction schemes regime. “This new framework with the AFM will open up opportunities for the asset management industries in both markets and provide investors in Hong Kong and the Netherlands with more investment choices. We will continue to expand the mutual recognition of funds arrangements with other jurisdictions as part of the SFC’s commitment to develop Hong Kong into an international asset management centre,” said Mr Ashley Alder, the SFC’s Chief Executive Officer. “This newly established bridge between the Netherlands and Hong Kong constitutes an important stepping stone for the Dutch asset management industry seeking to develop activities in Asia. It leads to offering investors greater choice and diversification in their investments. -
SOA-QPS4) Awarded Work Assignments As at 31 August 2021 (In Descending Order of Awarded Date by Category/Group)
Standing Offer Agreement for Quality Professional Services 4 (SOA-QPS4) Awarded Work Assignments as at 31 August 2021 (in descending order of Awarded Date by Category/Group) Service Project/Work Bureau/ Contractor Project/Work Category/ Project/Work Assignment Title Assignment Department Awarded Assignment Price Group Awarded Date Privacy Impact Assessment (PIA) and Privacy Compliance Audit (PCA) for Terrestrial Trunked Fire Services NewTrek Systems 1 Radio Network System and Mobile Application - Aug 2021 HK$192850 Department Limited Emergency Mobile Caller's Location Information Collection System Privacy Impact Assessment for Automated Non- Hong Kong Automated Systems 1 stopper Traffic Enforcement Computer System 2 Aug 2021 HK$64500 Police Force (HK) Limited (ANTECS 2) Immigration Privacy Impact Assessment for the Implementation of SunnyVision 1 Aug 2021 HK$28000 Department the New Mode of Immigration Clearance Operation Limited Intellectual Privacy Impact Assessment and Privacy Compliance Kinetix Systems 1 Property Aug 2021 HK$22800 Audit Services for the Madrid Protocol IT System Limited Department Feasibility and Technical Study, and Independent Lands AECOM Asia 1 Project Management on the Development of an Aug 2021 HK$5210540 Department Company Limited Underground Utilities Management System (UUMS) The list of projects/work assignments is for reference only. It may not be exhaustive. P. 1 of 434 Standing Offer Agreement for Quality Professional Services 4 (SOA-QPS4) Awarded Work Assignments as at 31 August 2021 (in descending order -
Hong Kong & Mainland China News – December-2018
V Hong Kong & Mainland China News – December-2018 China's import-export value passes 2017 level By www.news.rthk.hk Saturday, December 1, 2018 The total value of China’s imports and exports already exceeded the full-year figure for 2017 as of mid-November, China’s customs administration said Saturday. The General Administration of Customs said in a statement on its website that as of mid- November, the total value of imports and exports had risen nearly 15 percent, compared with the same period a year earlier. It did not give a specific figure. The value of China’s yuan-denominated imports and exports was 27.79 trillion yuan in 2017, according to previously released customs data. More foreign businesses set up HK offices By www.news.rthk.hk Wednesday, December 12, 2018 Sino-US trade tensions have so far failed to put foreign businesses off setting up in Hong Kong, according to a new survey by investment promotion body InvestHK. The latest survey by the group found that the number of overseas or mainland-headquartered businesses with operations in the SAR reached 8,754 this year, compared to 8,225 a year ago, an increase of 6.4 percent. And Stephen Phillips, director-general of investment promotion, saw reason for optimism about the year ahead. "I think if we look at the economic fundamentals for Hong Kong, China, Asia more widely, they remain strong," he said. "But that's not to dismiss the fact that the trade tensions are causing a degree of uncertainty." He said bigger investors were looking at how to respond to the tensions, but Hong Kong would continue to play an important role due to its location. -
Investhk-Client Profiles, April 2021
Client Profiles April 2021 Based in Macao, Australia and Hong offer (IPO) advisory, capital project Australia Kong with international engagement advisory and management, valuation, exposure, CWK Advisory Limited is financial due diligence, restructuring, established by partners equipped insolvency, merger and acquisition, and with extensive “Big-4” experience. The dispute resolutions. company is providing customised CWK’s future plan is to invest in different services to individuals, organisations, startups and lead them from startups to local and multinational corporates and Pre-IPO and IPO. listed companies. Support Services and Corporate Finance CWK service offering is a one-stop shop cwkglobal.com with substantial expertise, including but not limited to internal control review, AML compliance advisory, initial public LX International Advisory Limited is an an accurate decision and minimise advisory company providing services the onboarding time. The company for financial services companies in also offers one-stop shop services with the banking and finance sector. Its substantial expertise. technologically advanced solutions LX’s future plan is to make use of the cover the areas of regulatory reporting, latest financial technology to support risk management, compliance, and corporates and demonstrate the business transaction monitoring to meet the concept of a new generation of FinTech increasing demands of compliance and RegTech. within the financial industry. Financial Advisory – Corporate Service LX Screening System uses a risk-based lx-advisory.com approach coupled with the comprehensive watchlist data and latest technologies in search, AI, and natural language processing, ensures getting Populous is a global design practice National Speed Skating Oval. The specialising in creating environments company offers architecture, interior that draw people and communities design, wayfinding, event planning, together for unforgettable experiences. -
To Their Students Who Applied STS Through FASP
Institution List under Financial Assistance Scheme for Post-secondary Students with Student Travel Subsidy Released on 28.5.2021 AA School of Continuing Education, Hong Kong Baptist University AQ College of International Education, Hong Kong Baptist University TX College of International Education, Hong Kong Baptist University (Top-up Degree Programme) BZ Hong Kong Baptist University - Academy of Film AB Lingnan Institute of Further Education AC School of Continuing and Professional Studies, The Chinese University of Hong Kong CF Tung Wah College TF Tung Wah College (Top-up Degree Programme) AD Hong Kong Community College, The Hong Kong Polytechnic University TS School of Professional Education and Executive Development, The Hong Kong Polytechnic University (Top-up Degree Programme) AO The Education University of Hong Kong TE The Education University of Hong Kong (Top-up Degree Programme) AP Hong Kong Institute of Technology AL Hong Kong College of Technology CS HKCT Institute of Higher Education TR HKCT Institute of Higher Education (Top-up Degree Programme) AM Hong Kong Shue Yan University UB Chu Hai College of Higher Education (Top-up Degree Programme) BB Hong Kong Art School CX School of General Nursing, Queen Elizabeth Hospital CY School of General Nursing, Tuen Mun Hospital CB The Hang Seng University of Hong Kong TM The Hang Seng University of Hong Kong (Top-up Degree Programme) CP St. Teresa’s Hospital School of Nursing AE HKU SPACE Community College, The University of Hong Kong (Higher Diploma Programmes) BS HKU SPACE Po Leung -
Eligible Schools List for Online Application 2021/2022 可網上申請港鐵學生乘車優惠計劃的院校2021/2022 School N
Eligible Schools List for Online Application 2021/2022 可網上申請港鐵學生乘車優惠計劃的院校 2021/2022 School Name 院校名稱 Aberdeen Baptist Lui Ming Choi College 香港仔浸信會呂明才書院 Aberdeen St Peter's Catholic Primary School 香港仔聖伯多祿天主教小學 Aberdeen Technical School 香港仔工業學校 Academy of the Baptist Convention of Hong Kong 香港浸信會聯會專業書院 AD&FDPOHL Leung Sing Tak College 博愛醫院歷屆總理聯誼會梁省德中學 AD&FDPOHL Leung Sing Tak School 博愛醫院歷屆總理聯誼會梁省德學校 Aldrich Bay Government Primary School 愛秩序灣官立小學 Alliance Bible Seminary 建道神學院 Alliance Primary School, Kowloon Tong 九龍塘宣道小學 Alliance Primary School, Sheung Shui 上水宣道小學 Alliance Primary School, Tai Hang Tung 大坑東宣道小學 Alliance Primary School, Whampoa 黃埔宣道小學 American International School (Primary Section) 美國國際學校(小學部) American International School (Secondary Section) 美國國際學校(中學部) American School Hong Kong Anantara College 泰來書院 Anantara College (Hong Kong) 泰來書院(香港) Aoi Pui School 愛培學校 Assembly of God Hebron Secondary School 神召會康樂中學 Assembly of God Leung Sing Tak Primary School 基督教神召會梁省德小學 Australian International School Hong Kong (Primary Section) 香港澳洲國際學校(小學部) Australian International School Hong Kong (Secondary Section) 香港澳洲國際學校(中學部) Baptist Lui Ming Choi Primary School 浸信會呂明才小學 Baptist Lui Ming Choi Secondary School 浸信會呂明才中學 Baptist Rainbow Primary School 浸信會天虹小學 Baptist Wing Lung Secondary School 浸信會永隆中學 Beacon College - Yuen Long (Full Time Day Course Only) 遵理學校 - 元朗(只限全日制日間課程) Beacon College (Mong Kok) 遵理學校(旺角) Belilios Public School 庇理羅士女子中學 Bethel Bible Seminary 伯特利神學院 Bethel High School 伯特利中學 Bishop Hall Jubilee School 何明華會督銀禧中學 Bloom KKCA -
2019 International Undergraduate Guide
2019 International Undergraduate Guide A MESSAGE FROM THE Vice-Chancellor Where doors open — We’re here to open doors and support your choices while giving you the freedom and resources People are drawn to the University to chase your dream career. of Wollongong for many reasons: to pursue accredited qualifications, gain employment experience, build global 5 stars 73.1% Top rated perspectives and access world-class research. Staff Qualifications, Student of UOW graduates secure full- Best university in NSW/ Retention, Overall Experience, time employment within four ACT in 7 study areas and for WOLLONGONG OF UNIVERSITY Every one of them is assured of receiving the support they need Skills Development, Student months. employer satisfaction. Support, Teaching Quality, Learning to do their very best. Good Universities Guide 2018 Quality Indicators for Learning and Resources and Learner Engagement. Teaching (QILT) 2018 The University of Wollongong (UOW) has the expertise and QILT Employer Satisfaction Survey 2017 experience to help you reach your goals. Good Universities Guide 2018 High quality, accessible research has placed us in the top two per cent of universities worldwide for research quality, and we continue to invest in areas of national and international priority. Our graduates are well respected, with UOW being ranked among the top one per cent of universities in the world by employers. We pride ourselves on preparing people for emerging industries and future jobs, people who are ready to succeed 2018 INTERNATIONAL UNDERGRADUATE GUIDE UNDERGRADUATE INTERNATIONAL 2018 in their careers and make a positive contribution to their communities. With connections to more than 200 universities in 35 countries, UOW is truly an international university.