Replies to initial written questions raised by Finance Committee Members in examining the Estimates of Expenditure 2012-13 Director of Bureau : Secretary for Commerce and Economic Development Session No. 12 File name : cedb(cit)- doc



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Examination of Estimates of Expenditure 2012-13


Reply Serial No.




CONTROLLING OFFICER’S REPLY TO
INITIAL WRITTEN QUESTION


CEDB(CIT)100







Question Serial No.







2131




Head :

152 Government Secretariat:

Commerce and Economic

Development Bureau (Commerce,

Industry and Tourism Branch)



Subhead (No. & title) :







Programme :

(3) Subvention: Hong Kong Trade Development Council




Controlling Officer :

Permanent Secretary for Commerce and Economic Development
(Commerce, Industry and Tourism)







Director of Bureau :

Secretary for Commerce and Economic Development








Question :
How will the Hong Kong Trade Development Council showcase Hong Kong’s unique strengths as a bridge between the West and the East in 2012-13 as mentioned on page 314 of the Budget. What are the projects involved? What is the expenditure for each project?
Asked by : Hon. TSE Wai-chun, Paul
Reply :
As the focus of the global economy is shifting to the East, many overseas enterprises and brands are interested in expanding into the Asian markets and consider Hong Kong a good business platform to develop their business in Asia, in particular in Mainland China. The strategy of the Hong Kong Trade Development Council (TDC) is to promote the advantages of Hong Kong as the bridge between the East and the West, as well as our leading position in international sourcing and trade support services. The major programmes to be covered in 2012-13 are as follows: -


  • to collaborate with the United States’ (US) Commercial Service and other multipliers to broaden the promotional efforts under the Pacific Bridge Initiative to showcase Hong Kong as a technology transfer centre;

  • to encourage high-tech US companies, in particular those coming from the environmental protection, biotechnology, medical and information and technology sectors, to visit Hong Kong and take part in our trade fairs;

  • to organise large-scale road shows in Western Europe to promote the advantages of using the Hong Kong platform to penetrate the Mainland and other Asian markets;

  • to organise return missions for TDC’s UK partners of the 2011 “Think Asia, Think Hong Kong” campaign to Hong Kong, for the purpose of participating in the Inno Design Tech Expo, Asian Financial Forum, Hong Kong International Film & TV Market and Asian Logistics and Maritime Conference;



  • to expand the network of the Federation of Hong Kong Business Associations Worldwide to Latin America and the Middle East; and

  • to leverage on Hong Kong Government officials’ outbound missions, as well as road shows jointly organised with cities in the Pearl River Delta Region to promote Hong Kong as the gateway for overseas companies entering into the Mainland market.

The above items are part of the work covered under programme (3). We do not have separate breakdown of expenditures of each item.





Signature










Name in block letters

Andrew HY WONG







Post Title

Permanent Secretary for Commerce and
Economic Development
(Commerce, Industry and Tourism)







Date

29.2.2012


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