image_pdfimage_print

Author Archives: hksar gov

Joint guidebook by InvestHK and PwC highlights business opportunities for foreign companies in GBA and winning strategies via Hong Kong

     Invest Hong Kong (​InvestHK) today (May 26) launched a comprehensive investment guidebook in collaboration with PwC aimed at foreign companies setting up or planning to set up in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) via Hong Kong, as part of the department’s continuous GBA promotion drive.

     The guidebook, “A practical guide for setting up in the Guangdong-Hong Kong-Macao Greater Bay Area via Hong Kong”, offers practical advice to foreign companies amid the fast-developing landscape of the GBA, a main economic driver of China with GDP of over US$1.9 trillion and an affluent consumer market of over 86 million people.

     The guide presents the latest developments in the GBA – particularly in the areas of innovation and technology, financial services, business and professional services, lifestyle and creative industries, and aviation. It outlines the dynamic landscape of the GBA and the winning strategies to succeed in the region via setting up in Hong Kong. It sets out tips on government policies and advice on facilitation measures, supported by case studies with insights from Arup, King & Wood Mallesons, Siemens, Standard Chartered Bank, and more.

     The Director-General of Investment Promotion at InvestHK, Mr Stephen Phillips, said, “Hong Kong is well positioned to play a pivotal role as a unique gateway for international businesses to access the GBA and the Mainland market at large. The scale and scope of the opportunities are too significant for business around the world to ignore and Hong Kong is a fantastic entry point to the GBA. Apart from being a renowned international financial, trade and logistics centre, Hong Kong stands out as an international aviation hub, a hotbed for international innovation and technology, a regional intellectual property trading centre, and a destination for cultural and art exchanges.” Mr Phillips went on to say, “InvestHK will be collaborating with our counterparts across the GBA to showcase the myriad opportunities to the global business community.”

     The PwC South China and Hong Kong Tax Leader, Mr Charles Lee, said, “China’s national policies have enabled Hong Kong to become a two-way springboard for international and Mainland businesses looking to raise capital and enter the Mainland and international markets respectively. We advise enterprises to have a ‘GBA mindset’ to strategically pool and nurture talents in the region to enhance productivity and creativity; develop GBA strategies to tap into new market potential; realise location advantages in the GBA to build a robust supply chain; and make use of institutional policies to expedite market access.”

     InvestHK encourages businesses to add this guidebook to their toolbox of winning strategies for the GBA, leveraging Hong Kong’s unique advantages as a gateway between the international market and the GBA.
                                                                                        
     The full report can be downloaded from the InvestHK website via the following link: gba.investhk.gov.hk/en/resource-centre/booklet-practical-guide-setting-gba-hong-kong.html. read more

Hongkong Post to issue “The 120th Anniversary of Ta Kung Pao” special stamps (with photos)

     Hongkong Post announced today (May 26) that a stamp sheetlet and associated philatelic products on the theme of “The 120th Anniversary of Ta Kung Pao” will be released for sale on June 17 (Friday).

     Ta Kung Pao was founded in 1902 and has a history of 120 years. It is currently the oldest Chinese newspaper in operation in Hong Kong. To commemorate the occasion, Hongkong Post will issue a stamp sheetlet with the theme “The 120th Anniversary of Ta Kung Pao”.

     The elaborately designed stamp sheetlet of “The 120th Anniversary of Ta Kung Pao” is composed of two parts, with the upper part showing the site of Ta Kung Pao within the French Concession in Tianjin in the past, and the lower part showing the cityscape of Hong Kong in the present. It highlights the long history of Ta Kung Pao and the important role the newspaper has played in the country’s development in modern history and in the new era, in promoting national education and guiding readers to learn from history and understand the truth, thereby nurturing their patriotism and helping them to strive with the spirit of strengthening and serving the country.

     Official first day covers for “The 120th Anniversary of Ta Kung Pao” will be put on sale at all post offices from June 2, and on Hongkong Post’s online shopping mall “ShopThruPost” (shopthrupost.hongkongpost.hk). The stamp sheetlet and associated philatelic products will be on sale at all post offices and “ShopThruPost” from June 17, while serviced first day covers affixed with the stamp sheetlet will be available at philatelic offices only.

     A hand-back date-stamping service will be provided on June 17 at all post offices for official first day covers/souvenir covers/privately made covers bearing the first day of issue indication and a local address. To avoid people gathering at the post offices and to observe social distancing, collection points will be set up at all post offices on the same day for submission of the covers requesting hand-back date-stamping service. Customers will be advised on the collection schedule upon acceptance of the covers. 

     Information about the stamp sheetlet and associated philatelic products is available on the Hongkong Post Stamps website (stamps.hongkongpost.hk) and the “ShopThruPost” mobile app.

Photo  Photo  
read more

Appointments to Statistics Advisory Board

     The Government announced today (May 26) that the Secretary for Financial Services and the Treasury has appointed members to the Statistics Advisory Board (SAB) for a new term of two years from June 1, 2022, to May 31, 2024.

     The SAB of the new term includes 13 non-official members, 10 of whom are serving members and three newly appointed members. The new members are Ms Alice Lau Oi-sze, Ms Janet Li Tze-yan and Mr Michael Ngai To-nam.

     The Commissioner for Census and Statistics, Ms Marion Chan, said, “Members of the SAB are professionals from different disciplines. Their diverse background and expertise will provide the Census and Statistics Department with invaluable insights and help ensure that its statistical work will continue to meet the evolving needs of our community.”

     Ms Chan added, “We are grateful to the three outgoing members, Mrs Cheung Ang Siew-mei, Ms Nicole Yuen Shuk-kam and Mr Edward Ho Man-tat for their unfailing support and wise counsel to the SAB that has helped foster the development of the Government’s statistical work.”

     The SAB is an advisory body established in 1972 to advise the Commissioner for Census and Statistics on matters pertaining to official statistical work. Its membership consists of professionals from the business sector, the academia and the community, providing a wide representation to assist the Commissioner in integrating views of data users, data suppliers and statisticians.

     Following is the membership of the SAB for the new term from June 1, 2022, to May 31, 2024:

Chairperson (Ex officio)
Commissioner for Census and Statistics

Official members
Director of Planning (or representative)
Government Economist (or representative)
Representative from the Financial Services and the Treasury Bureau

Non-official members
Mr Samuel Lau Kin-pui
Ms Alice Lau Oi-sze 
Mr Patrick Leung Chin-pak
Ms Michelle Leung Oi-pui
Ms Janet Li Tze-yan 
Professor Vivian Lou Wei-qun
Mr Michael Ngai To-nam 
Mr Gavin Poon Ka-ming
Professor Isabella Poon Wai-yin
Professor Shen Haipeng
Mr Stan Tang Yiu-sing
Mr Ivan Ting Tien-li
Mr Daniel Wong Wai-hung read more