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
Question : Regarding the efforts to “continue to promote co-operation between major convention and exhibition facilities to achieve better utilisation, and closely monitor Hong Kong’s long-term demand for additional facilities”, please advise: (a) What is the Bureau’s estimated expenditure in this regard for 2012-13? (b) How many principal officers will oversee these efforts and what will be their ranks? (c) What items does the actual work plan cover? (d) What will be the expected progress and timetable for 2012-13? Asked by : Hon. LI Wah-ming, Fred Reply : To improve the utilisation of our existing convention and exhibition facilities, we have been encouraging the Hong Kong Trade Development Council (TDC) and other private exhibition organisers to organise exhibitions at AsiaWorld-Expo (AWE) and to adopt the “one show, two venues” or “two shows, two venues” approach to stage their events. We have also worked with transport operators to strengthen the public transportation arrangements for AWE. Since the commencement of AWE in 2006, TDC has co-organised a total of 30 fairs at AWE in collaboration with other private exhibition organisers, attracting over 6 800 exhibitors and over 230 000 trade visitors to AWE. Topics of these fairs include auto pairs, printing and packaging, furniture, building and decoration materials, environmental protection and sport-related goods. With the joint efforts of the Government and various parties, AWE has started to gain recognition from the industry and public in recent years. In fact, the number of exhibitions and conferences held at AWE achieved a 13% growth in 2010-11. The above forms part of the work covered under Programme (2). We do not have separate estimates for the number of staff involved, their ranks and salaries.
Question : Regarding the efforts to “fortify Hong Kong’s position as Asia’s global financial centre, highlighting its role as an offshore Reminbi centre and asset management hub”, please advise: (a) What is the estimated expenditure in this regard? (b) What items does the actual work plan cover? (c) What will be the expected progress and timetable for 2012-13? (d) Will the work of the Hong Kong Trade Development Council and relevant government departments overlap, thus resulting in a waste of resources? Asked by : Hon. LI Wah-ming, Fred Reply : The Hong Kong Trade Development Council (TDC) has budgeted $38 million to promote Hong Kong’s financial services. The work plan in 2012-13 includes the organisation of promotional activities such as Asian Financial Forum, overseas financial services missions to Hong Kong, Hong Kong high-level delegation to emerging markets, seminars on Hong Kong’s offshore Renminbi business, seminars on listing and fund-raising in Hong Kong, seminars on Mainland-Hong Kong co-operation on financial services, and training sessions on outbound investment for Mainland enterprises. TDC and relevant government departments, including Hong Kong Monetary Authority and Invest Hong Kong will liaise closely and organise joint promotional activities as appropriate to avoid overlapping of work and ensure effective use of resources.
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