HONG KONG MONITOR
A joint publication of the Hong Kong Economic and Trade Office (HKETO), Hong Kong
Trade Development Council (HKTDC), Hong Kong Australia Business Association
(HKABA) and Hong Kong New Zealand Business Association (HKNZBA).
No 6, 2006
T HE Secretary for Commerce,
Industry and Technology,
Mr Joseph W P Wong, in an
address to the 11th Asian
Telecom and Information s THE Chairman of the Standing Committee of the National People’s Congress, Mr Wu
Exchange Forum, has outlined Bangguo (second left), at the opening ceremony of ITU TELECOM WORLD 2006 with (from
Government plans to seize new left) HKSAR Chief Executive, Mr Donald Tsang; ITU Secretary-General, Mr Yoshio Utsumi; and
opportunities in the digital world. the winner of the Nobel Peace Prize 2006, Prof Muhammad Yunus. Mr Wu visited a number
The Forum was held in conjunc- of booths, including the Hong Kong, China Pavilion, which occupied an area of 2,528 sq m.
tion with ITU TELECOM WORLD He then had a short meeting with CEOs of eight participating international companies.
2006. Mr Wong said an update of
the Government’s Digital 21
Strategy – “a blueprint and
action plan” – would be released
in 2007. “We are pursuing a
number of initiatives in this blue-
HK ‘gateway’ for
IT market in China
print,” Mr Wong said. “We will
merge our broadcasting and
telecommunications regulators to
form a new unified regulator.
“Following the current review,
we will update our spectrum
policy, which will provide clarity
T HE week-long International
(ITU) TELECOM WORLD 2006 —
held outside Geneva. "Less than
two years from now, Beijing, our
national capital, will proudly stage
tages on the digital front are mag-
nified many times by our unique
position as the premier gateway to
and predictability to the industry – a leading global information and the 2008 Olympic Games. But China, the world's largest ICT mar-
and enable the community to communication technology event this week, we are thrilled to be ket,” Mr Tsang said. “It makes us
derive maximum benefits from the that attracts thousands of dele- hosting the Olympics of the tele- the ideal place for companies with
use of the designated spectrum. gates from around the world – com industry,” Mr Tsang said. an eye on the market on the
“We will launch digital terrestri- was hosted by Hong Kong in The mega-event was one of the Mainland to showcase their excel-
al TV services by the end of next December at AsiaWorld-Expo. largest trade shows ever held in lence and network with potential
year. And we will roll out more e- Officiating at the opening cere- Hong Kong. "It underlines Hong business partners. Situated at the
Government services and provide mony on December 3 were the Kong's unique position as a global doorstep of Mainland China, Hong
more integrated services through Chairman of the Standing hub for ICT. It reinforces our posi- Kong possesses plenty of manage-
our one-stop portal.” Committee of the National tion as an international events cap- ment talent with an intimate
Separately, Mr Wong briefed People's Congress, Mr Wu ital, a leading digital city, and knowledge of the language and
delegates to ITU TELECOM Bangguo; the Founder of Asia's World City," he said. business culture there.
WORLD 2006 on benefits avail- Grameen Bank, Bangladesh, Mr Tsang outlined the sophisti- "With reliable, high-capacity
able in Hong Kong through the and Nobel Peace Prize Laureate, cated ICT infrastructure in Hong telecommunications connections
Closer Economic Partnership Prof Muhammad Yunus; the Kong: broadband networks cover between Hong Kong and the
Agreement with the Mainland. Chief Executive of the HKSAR, virtually all commercial and resi- Mainland, setting up regional
CEPA, he said, both facilitated Mr Donald Tsang; and the dential buildings, with a house- operations in Hong Kong is the
Hong Kong's information technol- Secretary-General of the ITU, Mr hold penetration rate of 67 per logical first step to entering the
ogy industry to access the Yoshio Utsumi. cent; three-quarters of those fami- Mainland market. So far, more
Mainland market, and provided Welcoming guests, Mr Tsang lies can choose between two or than 3,800 overseas companies
third-party accreditation of the sys- said Hong Kong was extremely more broadband networks; and have done so, and the number is
tems integration capability of honoured that the ITU has given the 3G broadband mobile net- growing steadily.
Hong Kong service suppliers. Hong Kong the privilege to host works are being upgraded to 3.5G The theme of this year's expo
s Digital divide page 2. the first TELECOM WORLD ever standard. "Hong Kong's advan- Continued page 2
CE launches InnoCentre
HONG KONG T HE HKSAR Government is
strongly committed to support-
ing creative industries, the Chief
Executive, Mr Donald Tsang,
said when opening Hong Kong’s
new InnoCentre in Kowloon
Tong on November 13.
“We promote applied R&D
through funding schemes, infra-
structure support, and collabora-
tion with Mainland and overseas
research institutes,” Mr Tsang said.
Level 3, Hong Kong House, “We also endeavour to grow an
80 Druitt Street,
Sydney NSW 2000 Australia innovation culture in the commu-
Tel (61 2) 9261-8911 nity. Most recently, we launched
Fax (61 2) 9261-8966 five new R&D centres, in which the
Email: firstname.lastname@example.org Government will invest over HK$2
Web: www.tdctrade.com billion. And we will roll out
s THE Chief Executive, Mr Donald Tsang, officiating at the
Director: Bonnie Shek Science Park Phase 2 starting
opening ceremony of InnoCentre.
To make the InnoCentre a mag- This will help the centre hold mainstream business process,
net for design activities, the exhibitions, conferences, work- upgrade the capability of our
Government has earmarked an shops, networking functions and design profession, and enhance
additional HK$100 million to sup- professional education and train- the interface between designers,
port the Hong Kong Design ing courses. “We want to promote industry and business users, acad-
Centre over the coming five years. the adoption of design in the emics and the like,” Mr Tsang said.
Tel (02) 9267-3158
Fax (02) 9261-8966
Tackling ‘digital divide’
Tel (64 9) 307-1215
Fax (64 9) 307-1216
I T IS squarely Governments’
responsibility to reduce the “dig-
ital divide” in modern society, the
itive edge.” In the digital world,
another important role of govern-
ment was to create robust intellec-
round-the-clock monitoring,” he
“Information goods can be
Web: www.hknzba.co.nz Financial Secretary, Mr Henry tual property rights regimes, Mr transferred over the Internet with-
Tang, told delegates to ITU TELE- Tang said. “Here in Hong Kong, out regard to national boundaries.
COM WORLD 2006. we fully recognise our responsibili- I sincerely hope that governments
Speaking at the opening of an ty in this area. We have set up and law enforcement agencies all
ITU forum on December 4, Mr teams in the law enforcement over the world can join hands to
Tang said the United Nations ICT agencies dedicated to tackling protect information goods in the
Task Force had identified three piracy on the Internet through digital world.”
types of digital divide – access
divide (on access to ICT facilities
Level 1, Hong Kong House,
80 Druitt Street,
and connectivity), usage divide (on
skills to use the facilities) and
HK, Canada renew MoU
Sydney NSW 2000 Australia
Tel (61 2) 9283-3222
Fax (61 2) 9283-3818
usage quality divide (on how peo-
ple use ICT to transform their
lives). “While the access divide is a
H ONG KONG and Canada
have renewed a Memor-
andum of Understanding
and Technology), Mr Francis
Ho, and the President of the
Email: problem of infrastructure that can (MoU) to further enhance co- Communications Research
email@example.com be tackled through providing addi- operation in information and Centre of the Department of
Web: www.hketosydney.org.au tional hardware facilities to less- communications technology. Industry of Canada, Dr Veena
Director: Jenny Wallis privileged segments of a commu- The document was signed by Rawat, during ITU TELECOM
nity, the usage divide and usage the Permanent Secretary for WORLD 2006.
For inquiries in New Zealand Commerce, Industry and
quality divide can only be tackled
about Hong Kong, including
through enhancing ICT adoption
those related to investment and
and knowledge building,” Mr
business matters, call toll-free
(within New Zealand) 0800 822
Tang said. HK gateway for IT market
“Investment by governments in
008, fax (64 9) 476 2051, email s From front page
education and training is
absolutely necessary, to enable was Living the Digital World, officials to debate critical issues in
tions.co.nz or mail to PO Box 65
one to utilise ICT properly and to with the event comprising two policies and regulation, key tech-
415, Mairangi Bay, Auckland.
turn information into knowledge. parts – a dynamic exhibition and a nologies, business applications
“It is imperative for govern- high-level forum. and environment.
This publication does not necessari-
ments of developed economies to The exhibition enabled industry About 700 exhibitors from
ly reflect the views of the HKTDC,
invest in formal and continuous players to showcase their latest across the world shared total exhi-
the HKETO, the HKABA or the
HKNZBA. Information published is education to help the workforce equipment, services or technolo- bition space of 66,000 sq m at
believed to be accurate and reliable, consistently upgrade its knowl- gies, while the forum provided a AsiaWorld Expo, to showcase
but the HKTDC, the HKETO, their edge base and skills levels so as to platform for industry players, their achievements to an estimat-
employees, the HKABA and the maintain productivity and compet- users and senior government ed 60,000 visitors.
HKNZBA and their members accept
no responsibility. Page 2 Hong Kong Monitor No 6 2006
IMF tips FUND BUSINESS LEAPS Bright
growth for IPOs
A N International Monetary
Fund (IMF) Staff Mission to
Hong Kong has welcomed the
C ONTINUING growth of the
Mainland economy augurs
well for Hong Kong as a centre
Government's efforts to further for Initial Public Offerings (IPOs)
strengthen market infrastructure and other fund-raising activities by
and to promote financial integra- Mainland enterprises, Hong Kong
tion with the Mainland, both keys Monetary Authority Chief
to Hong Kong's competitiveness. Executive, Mr Joseph Yam, says.
The Mission expects the Hong In a Viewpoint article published
Kong economy to grow by 5.5-6 on the Authority's website, Mr
per cent this year, and around five Yam said several large IPOs were
per cent in 2007 and over the organised successfully in Hong
medium term. s THE Financial Secretary, Mr Henry Tang, launching Kong, with no excessive volatility
The main near-term risks to this Financial World Expo 2006 at the Hong Kong Convention in the interbank rates, or hiccups
outlook are a sharper slowdown in and Exhibition Centre. in the interbank payment system
global demand, particularly in the on payment and refund days.
US, and a rise in protectionist sen-
timents against the Mainland. H ONG KONG’s combined
fund management business
reached HK$4,526 billion in 2005,
favourable and promising outlook
for our wealth management
industry,” Mr Tang said.
He said: "One interesting phe-
nomenon observed during the
Over the medium term, growth course of the large IPO activities in
a 25 per cent increase, the “Rapid economic growth in the
prospects will depend on how well Hong Kong is that, with global
Financial Secretary, Mr Henry Mainland has effectuated greater
evolving financial integration with financial markets awash with liq-
Tang, told guests at the opening accumulation of personal savings,
Mainland China is managed and uidity, whenever there is new sup-
ceremony of Financial World thus huge demand for investment
expanded, and competitive pres- ply of quality financial instruments
Expo 2006, organised by the and wealth management services.
sures from other regional financial in a market of international stand-
Institute of Financial Planners And with increasing liberalisation
centres are withstood, the Staff ing, attracting international invest-
of Hong Kong. of exchange control, I believe the
Mission said. ment funds is not a problem.
“Looking ahead, we see a market potential is enormous.”
It recognised that, in addition to "There seems no longer to be
a strong external environment, any need, for example, to organise
12 quarters of
skilful macro-economic manage- primary or secondary listing in
ment, continued strengthening of Europe and America in order to
financial market infrastructure, attract investment funds from
and the underlying flexibility of those areas.
Hong Kong's markets were keys in “International road shows are,
the remarkable turnaround of the of course, still essential to stimu-
economy from the situation three late investor interest, but advanced
years ago. information technology is increas-
The Mission also endorsed the
general policy framework of the
Government, including its fiscal
T HE Hong Kong economy
gathered strong momentum in
the third quarter, with GDP
ket activities. Mrs Chan said the
outlook for the remainder of 2006
is for further expansion in eco-
ingly making this easier. So I hope
these large IPOs serve to consoli-
date the status of Hong Kong as
and exchange rate systems. expanding briskly by 6.8 per cent nomic activity at a solid pace. the preferred IPO centre for
The assessment was made by in real terms, up on a 5.5 per cent Externally, despite the economic Mainland enterprises."
the IMF Mission in its Concluding rise in the second quarter, the slowdown in the US, the Noting that the Mainland had
Statement published in Acting Government Economist, economic situation elsewhere is become increasingly integrated
November, following completion Mrs Helen Chan, said. still very favourable. The vibrant with the rest of the world, and
of its annual review of Hong This signified the 12th consecu- Mainland economy and its surging that its economy keeps growing at
Kong's exchange rate, fiscal and tive quarter of distinctly above- trade flows, in particular, will con- a brisk pace, Mr Yam said there
structural policies. trend growth since the current tinue to provide the main impetus will be more Mainland enterprises
The Mission welcomed public upturn began in mid-2003. to Hong Kong's trade growth. achieving success in their own
discussion on ways to broaden the Mrs Chan said Hong Kong’s Mrs Chan said local consumer fields, and attaining international
tax base, given the volatility of forecast GDP growth for 2006 as a spending rose solidly, amid improv- status.
Government revenues. It consid- whole had been revised up from 4- ing employment income, expand- While this augurs well for Hong
ered a low-rated and broad-based 5 per cent to 6.5 per cent. ing job opportunities and a buoy- Kong as a centre for IPOs and
Goods and Services Tax to be an She said external trade regained ant stock market. other fund-raising activities by
efficient way forward, given the vigour in the third quarter after Overall investment spending Mainland enterprises, particularly
ageing population. some moderation in the second. accelerated markedly to double- those intending to go internation-
The Financial Secretary, Mr Merchandise exports saw faster digit growth at 12.7 per cent in al, he cautioned that the savings
Henry Tang, said the Mission's growth of 8.9 per cent in real real terms in the third quarter over rate on the Mainland is still very
positive assessment on the robust terms in the third quarter over a a year earlier, marking the fastest high, and therefore there is great
market infrastructure of Hong year earlier, thanks to thriving growth since the fourth quarter of investor demand there that needs
Kong was welcome. trade flows in the Mainland and 2000. Consumer price inflation to be satisfied.
"Efficient and well-regulated the renewed weakening of the US had remained moderate so far this "The sustainability of Hong
financial intermediation is crucial dollar in recent months. year and was likely to remain so Kong as the IPO centre for
to the competitiveness of an inter- Exports of services likewise grew through to year's-end, given the Mainland enterprises depends, I
national financial centre. We will strongly, by 8.6 per cent in real recent easing in oil prices and think, on whether we can satisfy
strive to maintain Hong Kong's terms, along with vibrant offshore notable growth in labour produc- investor demand on the
success on this front," he said. trade and buoyant financial mar- tivity. Mainland," he said.
Hong Kong Monitor No 6 2006 Page 3
T HE HKSAR Government has
congratulated Dr Margaret
Chan following endorsement by
the World Health Assembly of
her nomination as the Director-
General of the World Health
A Government spokesman said
Dr Chan's calibre, vision and
wealth of experience in public …And meeting the
s THE Secretary for Economic Development and Labour, Mr Chairman of Tourism New
health issues would make her an
Stephen Ip, delivering a keynote address at the Hong Kong- South Wales, Mr Maurice
Australia Business Association (NSW Chapter) Gala Newman, to share experi-
The Chief Executive, Mr
Dinner in Sydney… ences on tourism promotion.
Donald Tsang, said while on a
visit in Europe that Dr Chan was
the first Chinese elected as the
Director-General of WHO. This was
a great honour for the nation and
HK moving ahead on
for the people of Hong Kong.
The Acting Chief Executive,
Mr Rafael Hui, noted that Dr
cruise hub for Kai Tak
Chan had been elected with over-
whelming support, reflecting the
wide recognition of Dr Chan by all
T HE Secretary for Economic
Development and Labour,
Mr Stephen Ip, visited Sydney in
Airport site. Earlier, in Hong Kong
(October 24), Mr Ip had
announced the Government’s
site of 7.6 hectares earmarked at
the southern end of the runway.
It will then offer land adjacent
the voting countries. November to promote Hong cruise terminal plans. to the cruise terminal for develop-
The Secretary for Health, Kong as a leading business hub Development of new facilities was ment of tourism-related facilities,
Welfare and Food, Dr York and premier tourist destination. important for Hong Kong to cap- such as hotels, shopping malls and
Chow, said the HKSAR He met Australian Gover- ture the growth of the cruise conference facilities.
Government would continue to nment officials and business rep- industry in the Asia Pacific region, Priority will be given to the new
work closely with WHO, and par- resentatives to update them on lat- and sustain its development as a cruise terminal facilities to allow
ticipate actively in global endeav- est developments and investment regional cruise hub, he said. early completion. Other tourism-
ours to combat diseases and opportunities in Hong Kong, and “It has always been the related facilities will proceed as the
improve global health. met with the Chairman of Government's intention to devel- Kai Tak Development evolves.
Tourism New South Wales, Mr op new cruise terminal facilities at The project will include recon-
Maurice Newman, to share expe- Kai Tak, as it is the only site within struction of the existing seawall,
riences on tourism promotion. Victoria Harbour with the capa- and development of two alongside
As officiating guest of the bility to provide two or more berths which can meet the needs
HKABA (NSW Chapter) annual alongside berths without reclama- of cruise vessels up to a displace-
Business Awards gala dinner, Mr tion,” he said. “The outcome of ment of 100,000 tonnes.
Ip delivered a keynote speech. He the recently completed Stage 3 “Depending on the implemen-
also presented the Awards. Public Participation of the Kai tation programme of the success-
Mr Ip briefed Australian media Tak Planning Review indicated ful bidder, the first berth at Kai Tak
on the Government’s efforts to general public support for the is expected to be completed in
facilitate growth in the logistics development of cruise terminal 2012,” Mr Ip said. Development
and tourism industries, including facilities at Kai Tak.” cost for the berthing and support-
development of cruise terminal The Government will first ing facilities at Kai Tak is estimated
s Dr Margaret Chan facilities at the former Kai Tak develop a new cruise terminal on a to be HK$2.4 billion.
HKIA world’s top airport four years running
F OR the fourth year in a row,
Hong Kong International
Airport has earned the TTG's
agents, hoteliers and other travel
professionals. Readers who voted
for Hong Kong International
of this year (2006), HKIA will bring
travellers and other airport users
an even wider choice of facilities
the six months ended September
30. The unaudited results includ-
ed solid growth in passenger and
Best Airport award. Airport praised its excellent facili- and services in shopping, dining cargo throughput.
The Airport Authority's Chief ties; user-friendliness and and entertainment, further con- Compared with the six months
Executive Officer, Dr David efficiency of immigration and bag- firming our status as Asia's pre- ended September 30, 2005,
Pang, said the award showed that gage claim; well-designed floor mier aviation hub,” he said. turnover rose 9.2 per cent to
not only the flying population but layout; and convenient ground HK$3,814 million. Total passenger
travel industry professionals had accessibility. Dr Pang said the n IN ITS FIRST interim volume rose 9.2 per cent, to 22.7
recognised the airport's achieve- Authority will continue to redefine results announcement, Airport million, cargo throughput grew
ment. and refine its services, as well as Authority Hong Kong on 3.5 per cent to around 1.8 million
TTG is a leading global brand- enhance airport hardware. November 29 revealed strong tonnes, and aircraft movements
name for a list of renowned trade "When Passenger Terminal 2 growth in turnover and profit increased 6.0 per cent, to
publications targetted at travel commences operation by the end attributable to shareholders for 140,700.
Page 4 Hong Kong Monitor No 6 2006
Six firms acclaimed
on Lantau in Business Awards
s WINNERS of the 2006
H ONG KONG’s tourism indus-
try continues to perform well,
the Financial Secretary, Mr
HKABA NSW Business
Awards (left) with Mr Philip
Henry Tang, said at the opening Ruddock, Attorney-General
ceremony for Ngong Ping 360, (far right) and Peter Sinn,
Hong Kong’s newest tourism Chairman of the NSW
attraction. Business Awards Organising
The cable-car ride connecting Committee and Vice
Ngong Ping to Tung Chung President of HKABA NSW
offers a spectacular panoramic Chapter (second from right).
view of Lantau Island. It is
operated by Skyrail-ITM (Hong
Kong) Limited. Skyrail-ITM runs s BELOW... Lucinda Chan,
the world-famous Skyrail President of HKABA NSW
Rainforest Cableway in Cairns, Chapter (right), and Peter
Queensland. Sinn, Chairman of the NSW
“This new attraction combines Business Awards 2006
nicely with other attractions in Organising Committee &
Ngong Ping, such as the Big Vice President of
Buddha, the Po Lin Monastery HKABA NSW Chapter (left),
and the Path of Wisdom,” Mr presenting the big cheque
Tang said. “It also gives our visitors to Mr Hatton Kwok OAM JP,
convenient access to explore other Chairman of the Australian
intriguing parts of Lantau, such as Nursing Home Foundation.
the fishing village of Tai O, the
beaches in South Lantau and his-
torical sites at Mui Wo.”
Mr Tang said Hong Kong visitor
arrivals increased by nearly 10 per community. The HKABA acknow-
cent in the first nine months to ledges the generous support
about 19 million. Arrivals from the of all Business Awards sponsors –
Mainland were particularly Platinum Sponsor, Qantas
strong, growing by 11 per cent to Airways; and supporting spon-
10 million. sors, the Hong Kong Economic
“The Government will continue & Trade Office; the Hong Kong
to invest in our tourism infrastruc- Tourism Board;
ture and improve our quality of the Hong Kong Trade
service to strengthen Hong Kong's Development Council; Asia
position as the premier destination Today International; Australian
for visitors in Asia and in the
world,” Mr Tang said.
In October, visitor arrivals in
T HE HKABA NSW Business
Awards, widely regarded as a
prestigious badge of honour, were
Stephen Ip, HKSAR Secretary
for Economic Development and
Labour, and Mr Philip Ruddock,
Chinese Daily; CMC Markets;
China Travel Service (Aust) Pty.
Ltd.; Ettason Pty Ltd; Golden
Hong Kong from Australia, New presented to winners at a Gala Australia’s Attorney-General. Century Seafood Restaurant;
Zealand and the South Pacific Dinner on November 10 at The The six companies receiving Highlight Marketing; Mac-
totalled 65,041, an 11.5 per cent Westin, Sydney. Awards for 2006 were: quarie Bank Ltd; MHS Group;
year-on-year increase. Guests of honour were Mr Export of Goods Award Oatlands House; OGAWA
Winner – CMC Markets. Health-Care (Aust) Pty Ltd;
Export of Services Award QBE Insurance; Think And
Winner – Page Kirkland Group. Grow Pty Ltd; and University of
Import of Goods Award Technology Sydney.
Winner – Ettason Pty Ltd. Business Awards Finalists were
Import of Services Award – Accsoft OnMyWeb, AJL
Winner – China Travel Service Global Pty Ltd, China Travel
(Aust) Pty Ltd. Service (Australia) Pty Ltd,
Creative SME Award Winner CMC Markets, Dymocks Group
– Accsoft OnMyWeb. Of Companies, Ettason Pty Ltd,
Contribution to Industry OGAWA Health-Care (Aust) Pty
Award Winner — NewSouth Ltd, Page Kirkland Group,
Global Pty Limited, University of NewSouth Global Pty Limited,
New South Wales. University of New South
HKABA NSW Chapter proudly Wales, Premium China Funds
donated all Business Awards Management Pty Ltd, Royal
Gala Dinner Raffle proceeds (to Jewellery and Zilver Group.
the amount of $5,932) to the
s THE Financial Secretary, Mr Henry Tang, hits the Australian Nursing Home s VIC Pearl Awards winners,
ceremonial drum to launch "Ngong Ping 360". Foundation, to support the local page 7.
Hong Kong Monitor No 6 2006 Page 5
s AT the Hong Kong Forum . . . Mrs s PICTURED at the HKABA Stand at the s Stephen Liu, Immediate Past
Jenny Wallis, Director of the HKETO for Hong Kong Forum are Victor Moo, Honorary Secretary of the Federation
Australia/New Zealand; the Lord Mayor President of SA Chapter, and Ian of Hong Kong Business Associations
of Adelaide, Mr Michael Harbison; and Mathison, SA Chapter Committee Worldwide, and his wife, Helen, pic-
Ms Bonnie Shek, Director of the Member. Ian contributed this report on tured at the Welcome Dinner for
HKTDC for Australia/New Zealand. the Forum. delegates to the Hong Kong Forum.
500 attend the Hong Kong Forum
A LMOST 500 associates of the
Kong Business Associations
On the second day of the
Forum, delegates were invited to
attend the International
Worldwide gathered in Hong Business Convention, for which
Kong on November 27 to attend the theme was New Strategies
the 7th Hong Kong Forum, the for a Borderless World.
World SME Expo and the Another significant event in the
Innovation and Design Expo, programme was the opening of
which were concurrent events. the World SME Expo and the
Nearly 70 associates travelled Innovation and Design Expo by
from Australasia, with SA Chap- Mr Peter Woo, Chairman of the
ter taking a record number of 28 HKTDC.
registered delegates. Others were The Forum concluded with a
from Queensland, NSW, Cocktail Party to celebrate the
Victoria, Western Australia and HKTDC’s 40th Anniversary.
the National Office, led by Guest speaker was the Chief
National President, Wilkin Fon. Executive of the HKSAR, Mr
The Lord Mayor of Adelaide, s WINNERS . . . (l to r) Victor Moo, President of SA Chapter; Donald Tsang, who was joined
Mr Michael Harbison, led the SA Wilkin Fon, National President of the HKABA; and Lucinda on stage by guests from the Hong
Chapter delegation and actively Chan, President of NSW Chapter, pictured after presentation Kong Government and the
embraced the programme to sup- of the Outstanding Initiative Awards, two of which were HKTDC to toast the future suc-
port 20 South Australian compa- won by SA and NSW Chapters. cess of Hong Kong, the 11th
nies attending the Forum. largest trading economy in mer-
Theme of this Forum centred chandise trade in the world.
on the Pan-Pearl River Delta, SA and NSW Chapters of the
which includes nine provinces plus HKABA won two of six
the Special Administrative Outstanding Initiative Awards
Regions of Hong Kong and presented by the Federation,
Macau. The overall Pan- Pearl NSW Chapter for its Business
River region contributes 30 per Awards and SA Chapter for its
cent of Mainland China GDP. Food and Wine Appreciation
All speakers focussed their pre- Dinner initiatives. There were
sentations on the potential for 23 entrants for the
Hong Kong to provide a platform Federation Awards – from
for commercial and foreign invest- Europe, Australasia and North
ment within and between China America.
and the world. The 8th Hong Kong Forum
The Breakout Session, titled will be held on December 11 and
s MEMBERS of SA Chapter of the HKABA pictured at the
Be Prepared for China’s 12, 2007.
Hong Kong Forum Welcome Dinner.
Booming Consumerism, cov-
ered economic growth and a bur- er for a luncheon hosted by the The Welcome Dinner was
geoning consumer market, retail Federation and the HKTDC on held in the Super Star Seafood
opportunities in the China distrib- November 28. Restaurant, Times Square,
ution market, and success and Afternoon sessions focussed on Causeway Bay, and featured the
challenges in establishing and pro- regional caucuses and election of “Big Bowl Feast”, a signature
tecting brands in the China mar- Federation officers for 2006-08. dish prepared only in Hong Kong’s
ket. HKABA National President, historic walled villages, for reli-
The Financial Secretary, Mr Wilkin Fon, was elected gious rituals, wedding banquets
Henry Tang, was keynote speak- Honorary Treasurer. and special occasions.
Page 6 Hong Kong Monitor No 6 2006
VIC Pearl Award winners brightens HK
exporter of live lobsters to
Hong Kong and China, Pacific E NTERING its eighth year, the
International Lighting Fair
Fish (SA) Pty Ltd, has won the has become one of the largest of
Golden Pearl Award for its kind in Asia, attracting more
Excellence in the HKABA Pearl than 1,200 companies from 27
Business Awards, organised by countries and regions.
VIC Chapter of the HKABA. Four new sections were intro-
Other Pearl Award winners duced in 2006 — the Green
were – Lighting Zone, the Holiday
n Business Entrepreneurial Favour Zone, a Parts &
Achievement – Michel Rene (The Accessories Pavilion, and a
Wig Gallery); World of Table Lamps.
n Business Innovation and The Outdoor Lighting sec-
Development – Clean TeQ Pty tion attracted more than 60
Ltd; s 2006 Victorian Pearl Business Award winners and presen- exhibitors, presenting street
n Marketing, Communicat- ters (l to r) Mr Greg Toll, Clean TeQ Pty Ltd; Eva & Raymond lamps, garden lighting and other
ion and Business Promotion – Ng, AKA Pty Ltd; Mr Anson Lai, Deputy Director - HKETO; outdoor illumination.
AKA Corporation Pty Ltd. Mr Jonathan Wong, Pacific Fish (SA) Pty Ltd;Mr Gordon Rich- Held concurrently, the Hong
The Awards were presented Phillips; Mr Andre Haermeyer; Mr John So; Mr Peter Kong International Hardware
during a Gala Dinner at the Kennedy (for Michel Rene-The Wig Gallery). & Home Improvement Fair cel-
National Gallery of Victoria. ebrated its 10th anniversary this
VIP guests included Mr So, and the Lady Mayoress, HKETO, HKTDC, HKTB, year, with 130 exhibitors from
Andrew Haermeyer, Victoria’s Wendy Cheung; the Consul- City of Melbourne, Victorian nine countries and regions.
Minister for Small Business General of the People’s Department of Investment, Three themed zones were
for the Financial Services Republic of China, in Innovation and Regional introduced — a Décor Zone,
Industry and Minister for Melbourne, Mr Liang Shugen; Development, Austrade, NAB, Outdoor & Gardening World,
Manufacturing and Export; Mr and Victoria State Manager of Jeanswest, Orient Express, and Sanitary World.
Gordon Rich-Phillips, Shadow Austrade, Mr Robert Boylan. Cathay Pacific, Minter Ellison
Minister for Finance; the Lord
Mayor of Melbourne, Cr John
Supporters of the 2006 Victoria
Pearl Business Awards were the
and Deans world Cargo.
Monday Jan 1 – The first day
TDC sponsors New Inventor Award of January.
Saturday Feb 17 – The day
T HE final episode of the ABC
New Inventors Programme
was recorded on November 27 in
His invention, the Kangan
Roo, was most popular, as voted
by more than one million regular
The People’s Choice winner,
sponsored by the HKTDC,
received a return trip to Hong
preceding Lunar New Year's Day.
Monday Feb 19 – The
second day of the Lunar New
front of a live audience, including ABC TV viewers. The Kangan Roo Kong, accommodation, and com-
the Governor-General, Major is a sporty-looking electric wheel- plimentary exhibition booth space
Tuesday Feb 20 – The third
General Michael Jeffery, and chair that can automatically trans- at the Hong Kong Innovation
day of the Lunar New Year.
Mrs Marlena Jeffery. form from a robust, outdoor, gut- and Design Expo from
Thursday Apr 5 – Ching
The 2006 New Inventors ter-hopping wheelchair to a com- November 29 – December 1. ID
People's Choice Award was pre- pact, indoor wheelchair – with the Expo is a global platform for
Friday Apr 6 – Good Friday.
sented to Mr Colin Johanson. push of a button. design, innovation and technology.
Saturday Apr 7 – The day
following Good Friday.
Trade Diary Apr 14-17: Hong Kong
Electronics Fair (Spring Edition),
Fashion Week for Spring
Monday Apr 9 – Easter
Jan 8-11: Hong Kong Toys & International ICT Expo. Jul 18-24: Hong Kong Book Tuesday May 1 – Labour Day.
Games Fair. Apr 21-24: Hong Kong Fair. Thursday May 24 – The
Jan 8-11: Hong Kong Houseware Fair. Aug 16-20: Food Expo. Buddha's Birthday.
International Stationery Fair. Apr 28-May 1: Hong Kong Aug 16-20: International Tuesday Jun 19 – Tuen Ng
Jan 15-18: Hong Kong Gifts & Premium Fair. Conference & Exhibition of the Festival.
Fashion Week for Fall/Winter, Apr 28-May 1: Hong Kong Modernisation of Chinese Monday Jul 2 – The day
World Boutique Hong Kong. International Auto Parts Fair. Medicine & Health Products. following Hong Kong
Feb 1-4: Education & Careers Apr 28-May 1: Hong Kong Aug 16-20: Hong Kong Special Administrative Region
Expo. International Printing and International Medical & Health Establishment Day.
Mar 6-10: Hong Kong Packaging Fair Care Fair. Wednesday Sep 26 – The
International Jewellery Show. Jul 3-5: Hong Kong Licensing Sep 5-9: Hong Kong Watch & day following Chinese Mid-
Mar 20-23: Hong Kong Show. Clock Fair. Autumn Festival.
International Film & TV Market Jul 3-6: Summer Sourcing For more information on all Monday Oct 1 – National Day.
(FILMART), Entertainment Expo, Show Gifts, Houseware & Toys. 2006/07 events visit http:// Fri Oct 19 – Chung Yeung
Hong Kong. Jul 10-13: Hong Kong www.tdctradefairs.com/ Holiday.
ANY QUESTIONS? FOR inquiries, please contact the HKTDC’s Sydney office on (61 2) 9261 8911 or email firstname.lastname@example.org.
Hong Kong Monitor No 6 2006 Page 7
Business and Fun at Gifts and Premiums
Toys and Games Fair F ASCINATING and innovative gifts, creative premi-
ums to convey goodwill and reinforce company
messages, and stationery in a multitude of new
Aust/NZ; Mr Steve Wang, Head
B USINESS and fun are
expected at Asia’s biggest
Toys and Games Fair in Hong
of Bigworld; Mr David Mackey,
CEO, LeadMaster Hong Kong;
designs, are all presented in the HKTDC’s Hong Kong Gifts, Premiums
& Stationery magazine.
Published quarterly, the latest edition allows you to source the follow-
Kong from January 8-11. and Mr Neil Barrett, Managing
ing — Bar accessories; Camping/ picnic sets; Ceramics/crystal glass-
Special sections are being Director of Moni-Tec.
ware; Consumer electronics; Decorative/craft items;
staged to help buyers find what
Giveaways/novelties/souvenirs; Hats/caps; Hotel items; Smoker
they need. They include:
– Baby Toys and Products Electronics accessories; Silverware/metalware; Soap/toiletries; Sporting/out-
door goods; Stationery/printed matter/gift packaging;
– Hobby Goods
– Outdoor + Sporting items
– Magic Section
T HE Hong Kong Electronics
Fair (Autumn Edition) in
October attracted close to 2,500
Toys/games; Travel goods /handbags; and Watches/clocks.
For further information visit our website at:
– Candy Toys exhibitors from 29 countries and
– Paper Toys regions, a 17 per cent increase
In response to popular
demand, the show will be adding
over last year.
The 2006 event saw 57,791 First Building governmental and non-govern-
mental organisations attended
two new sections in 2007, Train
Sets and Story Books. There are
buyers from 151 countries and
regions attend. These included
Fair a winner because they see great opportuni-
ties for environmental protection
also Battery Operated and 1,100 Australian and New in the Chinese Mainland and
Cast/Mechanical Toys and
Die Zealand buyers, continuing
strong interest from the region.
T HE first
Materials and Construction Fair
Exhibitors from Australia and
Action Figures; Educational Held concurrently with the in October was jointly organised New Zealand included a
Toys and Games; Party Items; Hong Kong Electronics Fair, by the HKTDC and CIEC delegation led by the Gold
Toy Parts and Accessories; and electronicAsia attracted 540 Exhibition Company (HK) Ltd. Coast City Council;
Soft Toys and Dolls at the Fair. exhibitors from 14 countries and This was the first specialised fair Swanbury Penglase; AXO;
It is simply hard to go home regions, and some 33,276 buyers of its kind staged in Hong Kong to Shredders; and Environmental
empty-handed! from 127 countries and regions; display the latest in building mate- Decontamination Limited.
Strong Australian Presence – This included a strong representa- rials, indoor decorative materials, Eco Expo Asia will take place
2007 will see a strong Australian tion of 501 buyers from Australia construction equipment, building next year at AsiaWorld-Expo from
exhibitor’s presence, with 11 and New Zealand. technology, building engineering October 27–30. For
Australian companies, displaying and related services. more information, visit
products ranging from electronic A total of 230 exhibitors from www.ecoexpoasia.com
board games and soft toys to
model cars and DVD trivia games.
Furniture Fair 10 countries and regions including
Australia, took part.
The 2006 Fair also attracted a
total of 1,935 exhibitors from 37 T HE first Hong Kong
International Furniture Fair
Key players industry included
Guangdong Fenglu Aluminium
countries and regions.
Stationery Fair – To be held
in October attracted 170
exhibitors from Hong Kong,
Company Limited, Xishi Group
Company, and CSG Holding
O RGANISED by the HKTDC,
the 14th Hong Kong
Optical Fair attracted more than
simultaneously, with the Toys and Australia, the Chinese
Company Limited. 10,000 buyers.
Games Fair, the Hong Kong Mainland, India, Italy, Japan,
The Fair attracted a total of The event saw Mr Richard
International Stationery Fair Korea, Malaysia, the
5,813 buyers from Australia (100 Beaurepaire, CEO of
will welcome an expected 261 Philippines, Singapore, Taiwan,
buyers), the Chinese Mainland, Beauvision Australia, officiate
exhibitors and an estimated Thailand, the US and Vietnam.
Chile, France, Japan, Malaysia, at the opening ceremony with Mr
15,000 buyers. A wide selection of products
the Middle East, Russia, Fred Lam, Executive Director of
from around the world included
Singapore and the US. the HKTDC.
ICT Gateway indoor furniture, outdoor furni-
ture, office furniture, parts and More than 530 exhibitors from
23 countries and regions took
T HE HKTDC, together with the
NSW Department of State
accessories for furniture, furniture
for contract business, smart- Eco Expo part in the dazzling three-day
show, co-organised by the Hong
and Regional Development
and the Western Sydney IT
Cluster, hosted a market update
home, smart-office solutions,
designer furniture, ethnic furni-
ture and antique furniture.
A LMOST 8,000 visitors came
to see 128 exhibitors at
Hong Kong’s first environmental
Kong Optical Manufacturers
Association. A total of 275 buy-
titled Hong Kong – ICT Three Australian companies protection fair, Eco Expo Asia, ers from Australia and New
Gateway to China on were on show, highlighting their held at AsiaWorld-Expo from Zealand attended.
November 2 at North unique products in contemporary October 27-30. HONG
Parramatta. The event was Australian furniture, stylish home Exhibitors were delighted with KONG
attended by a group wanting to entertainment units and classic the quality of visitors, resulting in FORUM
know more about the IT/ICT mar- designer tiles. The event attracted the show being viewed as a new REPORT,
ket in Hong Kong. 7,301 buyers, with 4,426 from international business hub for the PAGE 6
Guest speakers included Ms overseas. A total of 177 buyers environmental protection industry.
Bonnie Shek, Director HKTDC, from Australia/NZ attended. Many exhibitors, commercial,
ANY QUESTIONS? FOR inquiries, please contact the HKTDC’s Sydney office on (61 2) 9261 8911 or email email@example.com.