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3 July , 2012

“Why Hong Kong Matters Now” Forum Examines
Hong Kong’s Future Role

On July 3, the World Trade Centers Association (HK) hosted the “Celebrating 15 Years Of The Hong Kong SAR: Why Hong Kong Matters Now?” forum at the Grand Hyatt Hotel in Wanchai. Mr. Kit Szeto, Director & CEO of Dim Sum TV, was invited to the event.

The forum attracts over 300 political and business leaders, scholars and diplomats from around the world.
The forum attracts over 300 political and business leaders, scholars and diplomats from around the world.

Among the main topics for discussion at the forum were how Hong Kong could best serve as a platform for economic exchanges and how it could maintain its position as a financial center within the context of the National 12th Five-Year Plan and the trend among Chinese enterprises to “Bring In, Go Out”.

Dr. Annie S.C. Wu, Chairperson of the World Trade Centers Association (HK) and Member of the Standing Committee of the National Committee of the People’s Political Consultative Conference, said in her opening speech that, on the 15th anniversary of Hong Kong’s reunification with China, both the mainland and Hong Kong are anticipating unprecedented opportunities. In the deepening of economic ties between China and the rest of the world, Hong Kong’s role as a catalyst and facilitator is more vital than that of any other country, city or region. For China-bound foreign businesses and outward-looking Chinese companies alike, Hong Kong has always been, is and will always remain a gateway and a first port of call. The forum provides an interactive platform for exploring ways in which Hong Kong can reinforce its status as an international financial hub, help Chinese enterprises in their efforts to globalize, and enable overseas investors to enter the China market by using the city as a springboard.

Mr. Kit Szeto with some of the senior media executives at the forum. From left to right: Ms. Stella Shi, Assistant to the Chief Executive Officer of Wen Wei Po, Mr. Gao Hung-xing, Chairman of HKSTV, Mr. Fung Ying Bing, Deputy Chief Executive Officer of Wen Wei Po, Mr. Kit Szeto.
Mr. Kit Szeto with some of the senior media executives at the forum. From left to right: Ms. Stella Shi, Assistant to the Chief Executive Officer of Wen Wei Po, Mr. Gao Hung-xing, Chairman of HKSTV, Mr. Fung Ying Bing, Deputy Chief Executive Officer of Wen Wei Po, Mr. Kit Szeto.

According to Mr. Liu Mingkang, Chairman of the China Banking Regulatory Commission and Vice Chairman of the Committee for Economic Affairs of the National Committee of the People’s Political Consultative Conference, Hong Kong’s importance not only to China, but the region and the world, cannot be underestimated. He believed Hong Kong will have a major, positive impact on China’s efforts to achieve economic transformation and the objectives set out by the National 12th Five-Year Plan.

The forum was divided into 3 parts: “How Do Enterprises Join the Race for the Global Market”, “Hong Kong – the Financial Center of the World and the Region”, and “The Challenges For Multinational Enterprises and Hong Kong’s Role”, on which guests had an in-depth discussion. Among the guests at the forum were Mr. Frederik Lam, Executive Director of the Hong Kong Trade Development Council, Mr. Jose Chen Barria, Director General en FUDESPA of the Republic of Panama, Mr. Ronald Arculli, Chairman of Hong Kong Exchanges and Clearing Limited, Mr. David C. Ryan, Chief Executive Officer of Goldman Sachs Asia Pacific, Dr. Victor Fung, Honorary Chairman of Li & Fung Limited, Ms. Yang Mianmian, Chief Executive Officer of the Haier Group, Mr. Chris Clark, General Manager of Taiwan, Hong Kong, Macau and the Philippines, VISA International.

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