Tag Archives: China

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Appointments to Consumer Council

     The Government announced today (October 20) the appointments to the Consumer Council.
 
     Mr Tony Pang Chor-fu succeeds Mr Antonio Kwong Cho-shing as the Vice-Chairman, as Mr Kwong retires from the Council after completion of his term. Mr Pang has been appointed as a member of the Council since January 2020, and is currently the Chairman of the Council’s Working Group on Revamp for Consumer Education for Youth.
 
     A Government spokesman said, “With his dedicated service in various aspects of the Council’s work and his ample experience, we are confident that Mr Pang will provide able leadership for the continuous development of the Council in protecting and promoting consumer interests in Hong Kong. We would also like to express our deep appreciation to Mr Kwong for his sound leadership to the Council and his significant contributions during his tenure.”
 
     The Government has also appointed Ms Ivy Cheung Wing-han and Mr Wong Kin-wai, and reappointed Mr Holden Chow Ho-ding, as members of the Council.
 
     The tenure of the above appointments is two years with effect from November 1, 2023.
 
     In addition, the Government expressed gratitude to Ms Vanessa Lau Chi-wan and Professor Nora Tam Fung-yee, who will retire from the Council after completion of their term, for their contributions to various aspects of the Council’s work.
 
     The composition of the Council with effect from November 1, 2023, is as follows:
 
Chairman
———–
Mr Clement Chan Kam-wing
 
Vice-Chairman
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Mr Tony Pang Chor-fu
 
Members
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Mr Kenneth Chan Kin-nin
Dr Catherine Chan Po-ling
Ms Ivy Cheung Wing-han
Mr Holden Chow Ho-ding
Dr Wilton Fok Wai-tung
Ms Veronica Fung Kit-ming
Mr Edward Ho Man-tat
Ms Miranda Kwan Ching-yi
Mr Victor Lam Hoi-cheung
Mr Matthew Lam Kin-hong
Ms Kitty Lee Wing-lan
Ms Doris Lian Shaodong
Mr Alan Lui Siu-lun
Dr Lui Wing-cheong
Mr Raymond Mak Ka-chun
Mr Siu King-wai
Ms Iris Wan Lai-sze
Mr Wong Kin-wai
Mr Selwyn Yu Sing-cheung, SC read more

LCSD to set up Asian Para Games Live Zone

     To show support for the Hong Kong athletes taking part in the 4th Asian Para Games Hangzhou, the Leisure and Cultural Services Department will set up the Asian Para Games Live Zone at designated sports centres in 18 districts to broadcast the Games’ competitions, allowing members of the public to experience the excitement of this spectacular sports event and cheer for Hong Kong athletes participating in the Games.
      
     The Asian Games Live Zone located at 18 designated sports centres will be open from 7pm on October 22, from 9am to 8pm between October 23 to 27, and from 9am to 2pm on October 28, while the closing ceremony will start at 7.35pm on October 28. Members of the public are welcome to watch the live broadcast of competitions at the zones and to support the Hong Kong athletes together. Locations of the Asian Para Games Live Zone are set out in the Annex. read more

Innovation and Technology Venture Fund adds two co-investment partners

     The Innovation and Technology Commission (ITC) announced today (October 20) that two venture capital (VC) funds, namely Qiming Venture Partners VIII, L.P. and Qiming Venture Partners VIII-HC, L.P., have been added as co-investment partners (CPs) of the Innovation and Technology Venture Fund (ITVF).
      
     In the third round of applications for becoming CPs of the ITVF, the ITC has so far selected a total of eight CPs out of a total of 15 applications. Following the six CPs selected earlier, based on the assessment criteria including the VC fund’s capability, its investment strategy and performance, its management team’s expertise and experience, its local network and resources, as well as the advice of the ITVF Advisory Committee, the ITC has selected two other CPs.   
      
     To date, the ITVF has a total of 19 CPs (see Annex) and has co-invested in 27 local innovation and technology (I&T) start-ups. The Government’s investment amounts to around $209 million, attracting over $2.1 billion of private investment. The business areas of these I&T start-ups include supply chain management, e-commerce, financial technology, biotechnology and artificial intelligence.
      
     The Government set up the ITVF with a view to attracting more VC funds to co-invest in local I&T start-ups and creating a more vibrant I&T ecosystem in Hong Kong. The CPs are responsible for recommending suitable investment targets to the ITC. The ITC will co-invest with the CPs at a matching ratio of approximately 1(Government): 2 (CP) in eligible local I&T start-ups. Details of the ITVF and brief information on the CPs are available on the ITVF website (www.itf.gov.hk/l-eng/ITVF.asp). read more

Applications selected for 49th personalised vehicle registration marks exercise

     The Transport Department (TD) announced today (October 20) that the application numbers of the 1 500 personalised vehicle registration mark (PVRM) applications selected by lot for the 49th exercise have been published on its website (www.td.gov.hk/en/public_services/vehicle_registration_mark/pvrm_application/index.html) and posted on the notice boards of the TD’s licensing offices.
 
     “The applicants have already been sent an acknowledgement of receipt bearing an application number. They may check the list to see whether their applications have been selected. Applicants will also be notified of the ballot results by post in batches,” a department spokesman said.

     The department will later check the proposed PVRMs selected against the basic combination requirements. If, among the selected applications, more than one applicant proposes the same PVRM, only the one on which the lot falls first out of those applications will be further processed.
 
     If the selected PVRMs meet the basic requirements, the department will send notices by registered mail to the applicants in batches, requiring them to pay a deposit of $5,000 within the period specified in the notice. If an applicant fails to pay the deposit within that period, his or her application will be cancelled automatically and will not be further processed.
 
     Upon receipt of the deposit, the Commissioner for Transport will determine, with the assistance of a vetting committee, whether an application should be approved or rejected. PVRMs approved in the 49th exercise will be put up for auction in batches. Auction details will be published in newspapers and on the TD’s website in due course.
 
     For enquiries, applicants can call TD Hotline at 2804 2600. read more