Transcript PowerPoint 簡報 - think GLOBAL, think HONG KONG

think GLOBAL think HONG KONG
Advantages of Pearl River Delta Plus:
Leveraging Hong Kong Service Platform
to Support Cross-border Business Operation
Hong Kong’s Role in
International Co-operations
Dr. Jonathan Choi
Chairman, Hong Kong – Japan Business Co-operation Committee
15 May 2012
HK-PRD: Geographic Superiority
HK-PRD: Inseparable Relations
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Pearl River Delta (PRD)
– The first economically liberalized region since China’s
Reform and Opening Up in 1979
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Investment of HK based companies
– Foreign direct investment
– Skilled workforce
HK-PRD  China's economic growth hub
Guangdong-Mainland’s economic
growth hub
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Guangdong has strong manufacturing industry and export
capabilities
Guangdong is in the critical stage of upgrading and transformation
HK-PRD's Role between China and Overseas:
Increasingly important
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Gradual shift of global economic focus to the East
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PRD enterprises grow rapidly and develop high value-added industries
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HK’s prominent superiority: Infrastructure, Finance, Professional services, etc.
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Continuous policies in strengthening HK-PRD co-operation
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The National 12th Five-Year Plan
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More specific and focused separate chapter for HK for the first time
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Specifies development of new district zones (Qianhai, Nansha and Hengqin) 
closer ties among Guangdong, HK and Macau
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Vice Premier Li Keqiang’s 36 new policy measures  HK and Mainland co-operations
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Supplement VIII to CEPA:
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Further enhance economic, trade and financial co-operations between Mainland and HK
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Helps accelerate HK’s professional services in entering Mainland market
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Acts as key platform in further promoting the HK-Guangdong economic integration
Outline of Plan for Reform and Development of the PRD 2008-2020
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Framework Agreement on Guangdong-Hong Kong Co-operation
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Regional Co-operation Plan on Building a Quality Living Area
HK-PRD Region: Integration of
Infrastructure Network
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Promote co-operation of aviation industry
– Improve coordination mechanism
– Perform airspace management mechanism
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Strengthen HK-PRD transport networks
– Increase frequency of HK-PRD shipping routes
– Provide efficient and private services: yachts and aircrafts
– Provide speedy commercial aircraft and helicopter services
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Strengthen the role of HK as a hub of transportation
– HK-Zhuhai-Macau Bridge (3-hour radius)
– Guangzhou-Shenzhen-HK Express Rail Link (“1-hour living
circle”)
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Enhance electronic clearance technologies
HK as the Logistic Gateway
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World-class cross-boundary infrastructure
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Highly efficient customs services and competitive
advantages in
– Handling high value goods
– Providing high value-added services
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Satisfy needs of foreign sales and domestic
distribution of PRD-based factories
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Integrate HK’s professional business services with
Guangdong’s strong export capabilities
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Seize the development opportunities arising from the
rapid growth of Mainland and Asian economy
HK’s roles as Offshore RMB Centre
and Asset Management Centre
CEPA VIII
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Support Mainland banks to make use of HK's international financial platform to
develop international businesses
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Support HK insurance companies to enter the market through setting up business
institutions or capital participation
HK’s Advantages
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World’s largest offshore RMB centre – continue to expand and reach new
milestones, increase liquidity and maturity
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Free capital flow
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Market-determined RMB exchange rates
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Important entrepôt of Mainland China
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Further advantages
- Extend settlement periods  cover trading hours in Europe and the U.S.
HK as a Financial Centre
- Further Strengthened Role and Functions
Third Quarter of 2011 – HK handles 90.1% of the world’s RMB trade settlement
Hong Kong’s RMB Deposits, Remittances and
Clearing Transactions
Source: CEIC
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Expansion of the RMB trade
settlement scheme to entire
country
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Support HK enterprises’ use
of RMB for direct investment
in the Mainland
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Introduction of a RMB QFII
scheme for investing in the
Mainland’s securities
markets
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Expansion of number of
enterprises issuing RMB
bonds in HK and scale of
their bond issuance
Enhance Regional Integration
HK as platform for East Asian Economic Co-operations
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Economic relations with its neighboring economies,
including Japan, have deepened with time
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Perfect platform for Japanese companies esp. SMEs
entering the southern China market
− Mainland enterprises  HK-PRD connections
Japanese market
− HK-PRD: Japan’s economic interaction with China
and the neighboring regions
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A more important role in promoting East Asian regional
economic co-operation
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A platform in the future financial development in East
Asia
Enhance Regional Integration
HK as platform for East Asian Economic Co-operations
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HK Government has conveyed the wish to join the
ASEAN-China Free Trade Agreement (ACFTA)
Central government also supports HK to join ACFTA
Make good use of HK’s connections with Asian countries
HK can strengthen economic ties between China and
ASEAN
HK plays a strategic role to the region as
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International financial centre
International business centre
Trading hub
CGCC will organize a forum on East Asian Regional
Co-operation in July 2012
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10 + 1 (ASEAN + CHINA)
10 + 3 (ASEAN + CHINA, JAPAN, S. KOREA)
THANK YOU!