Hong Kong: Now is the Time

More than 300 Canadian business people were told today (May 30) at the national business forum of the Hong Kong-Canada Business Association (HKCBA) in Calgary that if they want to ride the wave of opportunity in China, now is the time to strengthen links with Hong Kong.

The annual forum was organised by the eight sections of the HKCBA, with delegates from Vancouver, Calgary, Edmonton, Winnipeg, Toronto, Ottawa, Montreal and Halifax.

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Chapter in National Five-Year Plan dedicated to Hong Kong and Macao

In it, a chapter is dedicated to Hong Kong and Macao (the Dedicated Chapter) and elaborates on the significant functions and positioning of Hong Kong in the development strategy of the country. This is a significant breakthrough in Hong Kong’s efforts in complementing the National Five-Year Plan.

The Chief Executive of the Hong Kong SAR, Mr Donald Tsang, said, “The 12-5 Plan is the blueprint and action agenda for the economic and social development of the country in the next five years. The Dedicated Chapter signifies the Central Authorities’ strong support for maintaining the long-term prosperity and stability of Hong Kong and provides a historic opportunity for the future development of Hong Kong. It also enables Hong Kong to decide, under the ‘One Country, Two Systems’ principle and the Basic Law, our development directions, policies and measures that complement the overall national development strategies.”

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China’s Ambassador to Canada says highly about Hong Kong’s gateway role

China’s Ambassador Extraordinary & Plenipotentiary to Canada, His Excellency Zhang Junsai, today (Wednesday, Toronto time) said highly about Hong Kong’s gateway role in China’s modernization and economic development at a fully-packed business luncheon in Toronto.
“Shanghai is China’s Toronto. It’s a kind of business atmosphere that is very strong,” said the Ambassador. “Hong Kong, however, is a place that is very important to China’s economic reform and its open door policy.”

“As Vancouver is a gateway of Canada to the Pacific, Hong Kong is a gateway of China to the rest of the world,” he said.

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“The Road Ahead for Hong Kong” Symposium held in Toronto

Miss Maria Tam, a member of the Committee for the Basic Law of the Hong Kong Special Administrative Region, today (Monday) discussed Hong Kong’s Basic Law and its constitutional reform at the “20 Years After the Promulgation of the Basic Law – The Road Ahead for Hong Kong” Symposium held at the University of Toronto’s Richard Charles Lee Canada-Hong Kong Library.

The symposium was jointly organized by the university’s Canada-Hong Kong Library, Asian Institute at the Munk School of Global Affairs, and the Hong Kong Economic & Trade Office in Canada. More than 100 people, including academics, politicians, community leaders and students attended the fully-packed symposium.

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Asia Rising - Think Hong Kong

The head of a Canadian think-tank yesterday (November 30, Ottawa time) stressed the need to have a “national conversation on Asia” and encouraged Canada’s business community to “think Hong Kong rather than Panama” in his speech on Parliament Hill.

President and CEO of the Vancouver-based Asia Pacific Foundation (APF) of Canada, Mr Yuen-pau Woo, told a parliamentary breakfast meeting in Ottawa: “We are now talking the re-emergence of the re-emergence of Asia”. He pointed out that a secular trend “is evident”, with East Asia’s current gross domestic product 2.5 times larger than it was in 1985.

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