16 Jan 2013
HKTDC Chairman Welcomes Economic Development Measures in Policy Address
16 January 2013 – Hong Kong Trade Development Council (HKTDC) Chairman Jack So has welcomed the economic initiatives proposed by the Hong Kong Chief Executive in his Policy Address, which was unveiled today. Mr So agreed that the government should introduce policies responding to the global economic shift to the East and the implementation of the national 12th Five-Year Programme.
Chief Executive CY Leung said that the government must be “appropriately proactive” in developing Hong Kong’s economy by deepening and expanding Hong Kong’s industries. He proposed setting up an Economic Development Commission to enhance the study of long-term policies. Mr So hoped the commission would thoroughly examine Hong Kong’s potential by seeking new opportunities and studying how to reinforce existing sectors, including exhibition and tourism.
Mr Leung also outlined a series of policies supporting small and medium-sized enterprises (SMEs) by exploring the Chinese mainland market and promoting branding of Hong Kong products and services. “As a long-term SME partner, the HKTDC has set up 11, out of its more than 40 overseas offices, on the mainland to help SMEs expand their market there,” said Mr So. “The HKTDC will be in lock step with the government’s direction and help SMEs upgrade to grasp more business opportunities.”
The Chairman also welcomed the Chief Executive’s plan to boost Hong Kong’s financial, legal and shipping services, and promote industries where Hong Kong enjoys clear advantages, including innovation and technology, testing and certification, and intellectual property trading via Hong Kong’s well-established legal and trading platform.
“Those industries are the pillars and shining stars of our economy,” said Mr So. “Enhancing them can surely reinforce Hong Kong’s role as the Central Business District of Asia. The HKTDC will fulfill its important mission by matching government policies and assisting in every way.”
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About the HKTDC
A statutory body established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers . With more than 40 global offices, including 11 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and throughout Asia. The HKTDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and on the mainland, while providing information via trade publications, research reports and online. For more information, please visit: www.hktdc.com.