| Examination of Estimates of Expenditure 2012-13 |
Reply Serial No.
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CONTROLLING OFFICER’S REPLY TO
INITIAL WRITTEN QUESTION
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CEDB(CIT)049
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Question Serial No.
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1773
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Head :
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152 Government Secretariat:
Commerce and Economic
Development Bureau (Commerce,
Industry and Tourism Branch)
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Subhead (No. & title) :
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Programme :
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(3) Subvention: Hong Kong Trade Development Council
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Controlling Officer :
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Permanent Secretary for Commerce and Economic Development
(Commerce, Industry and Tourism)
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Director of Bureau :
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Secretary for Commerce and Economic Development
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Question :
It is mentioned in paragraph 124 of the Budget Speech that the Hong Kong Trade Development Council (HKTDC) will step up its efforts to go global jointly with both Mainland and Hong Kong enterprises. Together they will search for merger and acquisition and investment opportunities overseas, providing a win-win situation for all. To this end, the HKTDC plans to organise investment study tours and tours for co-operation on branding, and hold its “Lifestyle Expo” in various overseas cities. Will the Administration inform this Committee of :
(a) the estimated expenditure for launching the above two activities by the HKTDC in 2012-13; and
(b) the expenditures on similar projects in the past three years. Please also give an account of the activities in table form.
Asked by : Hon. LEE Wai-king, Starry
Reply :
(a) & (b) The expenditures for the Investment Study Mission, Brand Co-operation Mission and the organisation of “Lifestyle Expo” by the Hong Kong Trade Development Council (TDC) in various overseas cities from 2009-10 to 2012-13 are summarised below: -
Financial
Year
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2009-10
($’ 000)
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2010-11
($’ 000)
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2011-12
($’ 000)
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2012-13
($’ 000)
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Investment Study Mission
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551
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512
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3,340
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5,664
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Brand Co-operation Mission
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2,219#
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-
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1,354
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1,760
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Lifestyle Expo (*)
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24,667
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50,769
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55,073
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55,710
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(*): As the global economic development has shifted to the East, TDC plans to strengthen its promotional activities in Asia and host a Lifestyle Expo in one of the Association of Southeast Asian Nations cities in 2012-13.
# The expenditure for the brand co-operation mission held in March 2010 has been included in the financial year of 2009-10. Hence, the expenditure in 2009-10 covered two brand co-operation missions.
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