14 Oct 2009
HKTDC Supports Chief Executive’s Policy Address
Measures Will “Help Build New Engine for Economic Development”
14 October 2009 – Hong Kong Trade Development Council (HKTDC) Chairman Jack So welcomed the economic initiatives proposed today by Hong Kong Chief Executive Donald Tsang in his policy address for 2009/2010.
“The government’s initiatives will consolidate Hong Kong’s economic strength, and help build a new engine for economic development,” said Mr So. He added that the HKTDC would work closely with the government to advance trade and business opportunities for all concerned.
In his policy address, Mr Tsang proposed a number of initiatives to support the four traditional pillar industries (financial services, tourism, trade and logistics, and professional services) and help develop six industries in which Hong Kong enjoys clear advantages: education services, medical services, testing and certification services, environmental industries, innovation and technology, and cultural and creative industries.
“While we should maintain and bring the four traditional pillar industries into full play, we should also pay attention to the six new industries advocated by the Chief Executive,” said Mr So. “They will propel Hong Kong towards a knowledge-based economy.”
Mr Tsang also emphasised taking advantage of regional opportunities, a view that Mr So shares.
“The closer cooperation between Hong Kong and Guangdong and the improving cross-strait relationship will change the face of the regional economy. It will bring the city challenges as well as opportunities,” said Mr So. “Hong Kong’s economy will enter a new era if we can get hold of those opportunities.”
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About the HKTDC
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 40 offices worldwide, including 11 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and Asia. The HKTDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and the mainland, while providing information via trade publications, research reports and online. Visit www.hktdc.com for more information.