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Financial Secretary Antony Leung said that he had ˇ§boundless optimismˇ¨ for Hong Kong as a vibrant regional hub of international trade and commerce. Mr Leung was speaking in Washington DC on 6 June.
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More than 1000 business people in Fukuoka and Osaka participated in Hong Kong Trade
Development Council (TDC) sponsored luncheons and roundtable June 3 and 4. Speaking on "Hong Kong: Platform and Partner in China's WTO Era", TDC Chairman Peter Woo fired up the audience as the ideal platform for Japanese companies to reach the Chinese mainland market.
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Key findings from recent surveys have shown that small and medium-sized enterprises (SMEs) are the driving force behind the Hong Kong economy and have enormous potential in the international arena. The following two articles, based on interviews and opinions from leading Hong Kong business people, discuss Hong Kong and SMEsˇ¦ continuing importance and contribution to world trade. Click on the links to read full stories.
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A new deal has been signed between Hong Kong and Taiwan airlines to expand passenger and cargo services between the two regions. Under the deal, Taiwan and Hong Kong agreed to each add an extra 49 passenger flights and 1,100 tonnes of cargo capacity every week, Reuters reported.
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Hong Kong is to celebrate its fifth anniversary under Chinese rule on 1 July. Chief Executive Tung Chee hwa will be sworn in for a second five-year term with a cabinet of 14 ministers which he said will improve accountability to the Hong Kong public. Celebrations will include a fireworks display and a variety show starring local cultural groups.
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The Hong Kong Government's flagship Science park has opened, boosted by Dutch electronic company Phillips signing up almost an entire six-storey building for research and development. The park is expected to establish Hong Kong as a regional technology hub.
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Hong Kong remains the world's freest economy, according to the sixth annual Economic Freedom of the World Report. The report is published by the US-based Cato Institute, Canada's Fraser Institute and institutes from 54 other countries. Singapore was awarded second place and the US third.
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