 The Chief Executive of the Hong Kong Special Administrative
Region, Mr Donald Tsang, told the 12th Hong Kong Forum in late
November that amid international financial turmoil, Hong Kong is
preparing for the worst, planning for the best, and grasping new
opportunities that come at the time of crisis.
The forum, organized by the Federation of Hong Kong Business
Associations Worldwide, was attended by delegates from around
the world. The Hong Kong-Canada Business Association is also a
member of the federation.
The Chief Executive said Hong Kong "has been able to weather the
storms that have come our way, and flourish in the global
village", but as a relatively small and completely open economy,
Hong Kong will never be immune to the swings and roundabouts of
the global economy.
Hong Kong's important asset is its highly versatile and
well-educated workforce. Providing affordable housing, coping
with an ageing population, and ensuring smooth constitutional
development are areas of vital importance in maintaining Hong
Kong's economic dynamism, social stability, and progress as a
community, said the Chief Executive. 
In his final Policy Address of the Third Term Hong Kong Special
Administrative Region Government, the Chief Executive, Mr Donald
Tsang, said it is important to maintain Hong Kong's
competitiveness by seizing opportunities both in the Mainland
and globally.
The Chief Executive said after the financial tsunami, and as the
sovereign debt crisis in Europe has deepened, "the driving force
for development has shifted to Asia and the BRICS (Brazil,
Russia, India, China and South Africa)…… China's development has
become the focus of world attention."
Canada's
China's Vice Premier Li Keqiang announced during his visit in Hong
Kong in August that Beijing will "exert its utmost to do
everything that contributes to Hong Kong's prosperity and
stability and to the common development of Hong Kong and the
Mainland."
He unveiled a series of new economic measures to boost Hong
Kong's status as an international financial centre, and help
Hong Kong companies gain a stronger foothold into the Chinese
mainland market. The new initiatives will also expand Hong
Kong's role as an offshore renminbi centre.
|
|
 |
|
