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Mediation Week 2018 to start tomorrow

     Mediation Week 2018, organised by the Department of Justice (DoJ), will run from tomorrow (May 11) with a series of initiatives throughout the week to highlight the benefits of the use of mediation to resolve disputes in various sectors.

     “The theme this time is ‘Mediate First – Exploring New Horizons’. It seeks to look ahead at future developments including online dispute resolution and the use of mediation in resolving international commercial disputes,” a spokesman for the DoJ said.

     “There will be a series of activities including a Mediation Conference, seminars and a carnival so as to provide the opportunity for more to understand the benefits of the use of mediation across various sectors. It will also include the 4th Shanghai-Hong Kong Commercial Mediation Forum co-organised by the DoJ,” the spokesman added.

     The seminars will cover the use of mediation in various sectors such as medical and health, the entertainment industry, education, the workplace and cross-border commercial disputes. It will also explore the use and development of evaluation in mediation.

     “The seminar on Mediation and the Entertainment Industry on May 15 is yet another initiative in introducing mediation to the entertainment and arts sectors. This seminar will feature a mock mediation of disputes arising from film scriptwriting and an experience sharing session with an experienced mediator and stakeholders of the entertainment industry,” the spokesman said.

     The Mediation Carnival on May 13 will be held at the recently completed West Kowloon Mediation Centre, adjacent to the West Kowloon Law Courts Building in Ying Wah Street West, Sham Shui Po. Members of the public are most welcome to participate.

     “The highlight of Mediation Week is the Mediation Conference 2018 to be held on May 18. Over 20 leading international and local experts and practitioners will gather and share their views and experiences on the latest global developments of mediation. The Conference will explore the recent developments of mediation in Hong Kong and overseas, how mediation may contribute to resolving disputes arising from the Belt and Road and Guangdong-Hong Kong-Macao Bay Area development initiatives, online dispute resolution, and the use of mediation in resolving international commercial disputes,” the spokesman noted.

     The co-organisers of Mediation Week 2018 are the Labour Department, the Insurance Authority, the Employees’ Compensation Insurance Residual Scheme Bureau, Rotary District 3450, the Hong Kong Family Welfare Society, the Hong Kong Society for Healthcare Mediation, the Hospital Authority, Hong Kong Patients’ Voices, the Hong Kong Mediation Council, the Hong Kong Mediation Centre, the Society for Community Organization, the Hong Kong Institute of Arbitrators, the Mainland-Hong Kong Joint Mediation Center, the Hong Kong Institute of Mediation and the Hong Kong Trade Development Council.

     For more details of the activities of Mediation Week 2018, please visit www.doj.gov.hk/mediatefirst/eng/programme2018.html. Except for the Mediation Carnival, pre-registration is required for all other events on a first-come, first-served basis. read more

Volume and price statistics of external merchandise trade in March 2018

     Further to the external merchandise trade statistics in value terms for March 2018 released earlier on, the Census and Statistics Department (C&SD) released today (May 10) the volume and price statistics of external merchandise trade for that month.

     In March 2018, the volume of Hong Kong’s total exports of goods increased by 5.3% over March 2017. Concurrently, the volume of imports of goods increased by 8.1%.

     For the first quarter of 2018 as a whole, the volume of Hong Kong’s total exports of goods increased by 7.3% over the same period in 2017. Concurrently, the volume of imports of goods increased by 8.2%.

     Comparing the first quarter of 2018 with the fourth quarter of 2017 on a seasonally adjusted basis, the volume of total exports of goods increased by 2.2%. Concurrently, the volume of imports of goods increased by 2.9%.

     Changes in volume of external merchandise trade are derived from changes in external merchandise trade value with the effect of price changes discounted.

     Comparing March 2018 with March 2017, the prices of total exports of goods increased by 2.5%. Concurrently, the prices of imports of goods increased by 2.5%.

     As regards price changes in the first quarter of 2018 over the same period in 2017, the prices of total exports of goods increased by 2.3%. Concurrently, the prices of imports of goods increased by 2.3%.

     Price changes in external merchandise trade are reflected by changes in unit value indices of external merchandise trade, which are compiled based on average unit values or, for certain commodities, specific price data.

     The terms of trade index is derived from the ratio of price index of total exports of goods to that of imports of goods. Compared with the same periods in 2017, the index remained virtually unchanged in both March 2018 and the first quarter of 2018.

     Changes in the unit value and volume of total exports of goods by main destination are shown in Table 1.

     Comparing March 2018 with March 2017, a double-digit growth of 13.7% was recorded for the total export volume to the mainland of China (the Mainland). On the other hand, the total export volume to Vietnam, Japan and the USA decreased by 0.5%, 2.6% and 3.3% respectively, while the total export volume to India decreased substantially, by 35.9%.

     Over the same period of comparison, the total export prices to the Mainland, the USA, Japan and India increased by 3.0%, 2.5%, 2.1% and 0.3% respectively. On the other hand, the total export prices to Vietnam decreased by 0.5%.

     Changes in the unit value and volume of imports of goods by main supplier are shown in Table 2.

     Comparing March 2018 with March 2017, the import volume from Taiwan increased substantially, by 32.5%. Concurrently, the import volume from Singapore, Korea and the Mainland increased by 19.8%, 9.0% and 0.8% respectively. On the other hand, the import volume from Japan slightly decreased by 0.2%.

     Over the same period of comparison, the import prices from all main suppliers increased: Korea (+5.6%), Taiwan (+2.1%), the Mainland (+2.0%), Japan (+1.4%) and Singapore (+1.4%).

Further information

     Details of the above statistics are published in the March 2018 issue of “Hong Kong Merchandise Trade Index Numbers”. Users can download the publication free of charge at the website of the C&SD (www.censtatd.gov.hk/hkstat/sub/sp230.jsp?productCode=B1020006).

     Enquiries on merchandise trade indices may be directed to the Trade Analysis Section (1) of the C&SD (Tel: 2582 4918). read more