Please click on each headline for the latest news on Hong Kong and China:
The Hong Kong Tourism Board (HKTB) has announced that the Total Expenditure Associated to Inbound Tourism increased by 3.2 per cent to HK$162 billion (CAD$21 billion) in 2009 despite the impact of the global economic downturn.
The increase in tourism expenditure is driven by the greater number of Mainland visitors and their higher spending on shopping. The individual visits by Shenzhen residents and the robust economic growth of Mainland China mainly contribute to this encouraging growth.
Meanwhile, the HKTB also recorded an increase of 30% on the MICE visitor arrivals in the first quarter of 2010 as benefited from the recovering global economy.
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Contract signed to start construction of Kai Tak cruise terminal
The Hong Kong SAR Government recently signed a design and build contract with Dragages Hong Kong Limited for the Kai Tak Cruise Terminal Building, marking an important step in the development of the new cruise terminal project. It is expected that the building will be completed in 2013 ¡V a year ahead of the original schedule.
The new cruise terminal building will meet the technical requirements for a highly functional facility that will allow the operator to provide world-class services.
Youtube to promote Hong Kong's participation in Shanghai Expo
A Youtube channel was launched recently to promote Hong Kong's participation in World Expo 2010. The channel provides videos about the Hong Kong Pavilion, Hong Kong's Urban Best Practices Area Exhibition, and the events lined up by Hong Kong for Shanghai Expo. More details on Hong Kong's participation in Shanghai Expo are available on the website www.hkexpo2010.gov.hk.
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Canadian Life Science Trade Mission to Hong Kong
A Canadian Life Sciences and Nutraceuticals trade mission will be setting off for Hong Kong on August 10, 2010. All Canadian companies involved in these two fields are welcomed to join.
The visit aims to help companies find potential business partnerships and research opportunities, gain access to targeted business networks in China and Hong Kong, and to acquire first-hand market intelligence. The five-day program allows delegates to participate in roundtable discussions, pre-arranged one-on-one business meetings, networking activities, and the International Conference & Exhibition of the Modernization of Chinese Medicine & Health Products (ICMCM).
The registration deadline is July 16, 2010. No fees are required to join this mission. However, delegates must pay for other expenses. For details, please see:
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