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March 2002
Hong Kong brings predictability, reliability and certainty for China business, says TDC Chairman

Hong Kong is a safe, reliable platform for Swedish companies wishing to do business in the Chinese mainland, according to Hong Kong Trade Development Council (TDC) Chairman Peter Woo.

:Hong Kong reduces uncertainty, because everything we do is predictable, reliable and nowadays, just-in-time,; said Mr Woo. :Risk is greatly reduced by doing business with Hong Kong. I believe Hong Kong is the right trade services platform, the right partner and now clearly is the right time.; (full story)

Hong Kong :irreplaceable; as a regional financial centre

Hong Kong・s status as a regional financial centre is irreplaceable, according to Premier Zhu Rongji. :I firmly believe the strong points of Hong Kong have not been fully utilised, and there is no limit to its future role,; he said, speaking after the closing day of the National People・s Congress annual session. (full story)

Financial Secretary's maiden Budget reinforces free market philosophy

In the 2002-03 Budget released March 6, the Financial Secretary Antony Leung set out his vision for Hong Kong・s economic development, proposed measures designed to preserve tax and business advantages and restore fiscal balance by 2006-07. Mr Leung reinforced Hong Kong's free market philosophy by saying that the government should be a "proactive market enabler" in the economy. (full story)

Where the executive life costs less

Living costs for expatriates in Hong Kong are lower than those in Tokyo, New York and London, according to a recent comparative study carried out by the Hong Kong Government on the cost of living for expatriates in seven cities. (full story)

World honours for meeting place

Hong Kong・s reputation as a business centre of international excellence has been reinforced in recent weeks by another three prestigious awards.

  • Hong Kong Convention and Exhibition Centre (HKCEC) was voted the world・s Best Overseas Conference Centre for the ninth consecutive year. (full story)

  • Entrepreneurs find opportunities aplenty

    There are many opportunities for entrepreneurs in Hong Kong - you just have to look for them, chairman of the Indian Chamber of Commerce in Hong Kong Raj Sital said recently as the chamber celebrated 50 years of service. (full story)

    Lord Foster wins contest to redesign Hong Kong waterfront

    Lord Foster of Thames Bank, the renowned architect whose landmark buildings in Hong Kong include Hong Kong International Airport and the HSBC Tower, has won an international contest to design a glittering HK$24 billion (US$3 billion) waterfront complex in West Kowloon. (full story)


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