Session No. 5 File name : cedb(cit)- doc
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- Examination of Estimates of Expenditure 2010-11
Question: Will the Bureau consider allocating resources to study and review the supply and utlisation of the convention and exhibition facilities in Hong Kong in 2010-11, and adopting measures to fully utilise the existing convention and exhibition facilities? If yes, what are the details and estimated expenditure of the work plan? If no, what are the reasons? Asked by: Hon. NG Margaret Reply: The Government will continue to monitor the long-term demand for convention and exhibition facilities in Hong Kong and plan for the provision of additional quality facilities when needed. When assessing the long-term demand for the convention and exhibition facilities in Hong Kong, we will take into account the result of a Government-commissioned consultancy study on the supply of and demand for exhibition facilities in Hong Kong as well as the findings of surveys on Hong Kong’s convention and exhibition industry conducted or being conducted by other organizations. The Government has been assisting the AsiaWorld-Expo (AWE) in improving its utilisation by actively attracting different types of major international exhibitions and conventions to AWE, as well as providing support to their organisers as appropriate. For example, the Asian Aerospace International Expo & Congress is one of the projects receiving strong support from the Government. The Government has also been encouraging exhibition organisers (including the Hong Kong Trade Development Council) to use AWE, for example, to expand their trade shows through the “one show, two venues” arrangement. The aforementioned co-ordination work is part of the existing work of the Bureau and will be absorbed by the existing resources.
Question: The Hong Kong Trade Development Council (HKTDC) generates a huge income and substantial surplus from its commercial exhibition business and other business operations every year. Will the Government consider adjusting its funding mechanism for HKTDC in order to better utilise Government resources? If yes, what is the work plan? If no, what are the reasons? Asked by: Hon. NG Margaret Reply: The Hong Kong Trade Development Council (HKTDC) is a statutory organisation established under the Hong Kong Trade Development Council Ordinance. Its function is to promote Hong Kong’s external trade, with particular reference to exports. In this connection, TDC has been assisting small and medium-sized enterprises (SMEs) in Hong Kong to explore business opportunities in markets all over the world. It has also been promoting Hong Kong’s branded products and services by conducting or organising promotion activities such as trade fairs, business missions as well as international forums and expos etc. To help SMEs capture new opportunities, TDC also organises seminars and workshops regularly, produces trade and research publications and offers consultancy services for them. The Government considers that the annual subvention is necessary and will provide HKTDC with a stable income to finance its activities for promoting Hong Kong’s enterprises and supporting SMEs. In fact, HKTDC’s income generated from its fairs and other businesses will become part of its operating fund which will be used for promotion of Hong Kong’s external trade. When deciding on the amount of its subvention to TDC, the Government has already taken into account HKTDC’s funding requirements. The Government will also conduct regular reviews of the subvention mechanism for HKTDC. The Government subvention of $374.5 million to HKTDC for 2010-11 makes up 16.4% of HKTDC’s estimated total expenditure for the year.
Directory: citb -> doc doc -> 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 Download 4.7 Mb. Share with your friends:
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