Session No. 5 File name : cedb(cit)- doc



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Examination of Estimates of Expenditure 2010-11


Reply Serial No.




CONTROLLING OFFICER’S REPLY TO
INITIAL WRITTEN QUESTION


CEDB(CIT)051







Question Serial No.







1157




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:
During 2010-11, the Hong Kong Trade Development Council will enhance its value as an active resource centre and partner of small and medium enterprises in meeting tomorrow’s challenges. What are the specific work involved and the breakdown of the expenditures incurred?

Asked by: Hon. LAM Tai-fai
Reply:
The Hong Kong Trade Development Council (HKTDC) will adopt the following measures to enhance its service as a resource centre for small and medium-sized enterprises (SMEs) and its role as a valuable partner for SMEs:

  • launch a SME start-up programme to offer assistance to those who wish to set up SMEs; organise the annual “Entrepreneur Day” to provide a platform for information exchange and experience sharing for those who wish to start their own business; expand the “World SME Expo” so that it becomes the leading event in Asia for SMEs to identify business solutions, enhance their competitiveness and explore business opportunities in Asia and the Mainland. These activities will involve an expenditure of $12.2 million in total;

  • re-position the Business InfoCentre as a SME service centre offering advisory and support services for SMEs. The annual expenditure of the centre will be $13 million;

  • continue to offer free China Business Advisory Services to help local SMEs facing difficulties with their operations in the Mainland market. These services will involve an expenditure of $1.6 million;

  • continue to update local SMEs with the latest market information through research reports, newsletters and other publications. These items will cost $12.27 million; and

  • organise a series of thematic seminars, workshops and training courses to keep local SMEs abreast of latest market information, business knowledge and brand building skills. The annual expenditure involved will be $2 million.

In addition to the aforementioned activities, HKTDC will continue to help SMEs explore business opportunities through promotion of Hong Kong’s services and manufacturing industries.





Signature




Name in block letters

MISS YVONNE CHOI

Post Title

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

Date

18.3.2010




Examination of Estimates of Expenditure 2010-11


Reply Serial No.




CONTROLLING OFFICER’S REPLY TO
INITIAL WRITTEN QUESTION


CEDB(CIT)052







Question Serial No.







1158




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:
During 2010-11, the Hong Kong Trade Development Council will assist small and medium enterprises to acquire a first mover advantage in the global economic recovery. What are the specific work involved and the breakdown of the expenditures incurred?

Asked by: Hon. LAM Tai-fai
Reply:
To help Hong Kong companies capitalise on the opportunities arising from the early stage of economic recovery, the Hong Kong Trade Development Council (HKTDC) will adopt the following measures in 2010-11:


    • as the near-term prospect of emerging markets are expected to be more promising when compared to the mature markets, HKTDC will intensify its promotion efforts in the former. For example, it will organise industry-specific and cross-sector business missions to countries and regions with more potential for development, including the ASEAN countries, Mexico and Brazil in Latin America, as well as Russia. It will step up its promotion efforts in India and stage its “Lifestyle Expo” again in Warsaw, Poland. It will also set up consultant offices in Istanbul, Turkey and Jakarta, Indonesia to support its increased activities in emerging markets. The annual expenditure for the aforementioned initiatives will amount to about $46.72 million; and

    • HKTDC will freeze the basic participation fees for its events and services. Hong Kong’s small and medium-sized enterprises (SMEs), which are the major users of TDC’s services, will be the major beneficiaries. HKTDC will also continue the operation of its “Buyers Sponsorship Programme” in order to attract more overseas buyers to attend the trade fairs in Hong Kong. The amount of estimated expenditure is yet to be approved by the Council of HKTDC.

In addition to the aforementioned initiatives, HKTDC will continue to help SMEs explore business opportunities through promoting Hong Kong’s services and manufacturing industries as well as other support measures for SMEs.





Signature




Name in block letters

MISS YVONNE CHOI

Post Title

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

Date

18.3.2010


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