Hong Kong General Chamber of Commerce (HKGCC) 香港總商會’s Post

Hon Sunny Tan, Chairman of HKPC - Hong Kong Productivity Council and Mr Mohamed Butt, Executive Director of #HKPC were interviewed by Commercial Radio’s Programme “Beautiful Sunday”🎬 Not only have they responded to the recent Policy Address, but also shared HKPC’s endeavour in areas including #NewIndustrialisation🏭 supporting #SMEs’ upgrading and transformation💫 and assisting them in expanding business across #ASEAN markets🌍as well as exploring the #OneBeltOneRoad opportunities🤝 Towards the end of the program, they highlighted the advantages and opportunities for Hong Kong in developing #NewProductiveForces tailored to local conditions. Looking ahead, #HKPC will continue to promote #futuremanufacturing based on the national strategy for developing #NewProductiveForces💪🏻 at the same time strengthening local #talent training and #intellectualproperty protection🤗 thus developing Hong Kong into an International I&T Hub. Check out the full episode to learn more: https://hubs.li/Q02YsD6_0 #HKPC #interview #NewIndustrialisation #SME #ASEAN #OneBeltOneRoad #NewProductiveForces #futuremanufacturing #talent #intellectualproperty

Our Chairman, Jason Wong Kon Man, recently delivered a keynote speech at the 2024 Forbes China Brand Development Forum held in Guangzhou on April 26th. Co-hosted by Forbes China 福布斯中国 and Bingo Consulting, this forum brought together a diverse array of industry leaders, investors, and brand experts to explore the evolving landscape of Chinese brands. In his address titled "Brand Upgrading in the Globalization Trend: Strategies and Opportunities for Overseas Listing," Mr. Wong, dubbed by the media as "Asia's SPAC Godfather", and also the SPAC Committee Chair at the Hong Kong Institute of Financial Analysts and Professional Commentators Limited (IFAPC), provided invaluable insights into the significance of listing for brand development, along with an exploration of the SPAC model's potential. Reflecting on the journey of Chinese brands, Mr. Wong emphasized the transition from being the "world's factory" to establishing themselves as "world brands." He underscored the importance of this pivotal moment, where brands not only influence company valuations but also serve as a beacon of cultural confidence on the global stage. Mr. Wong's alignment with the forum's theme, "Initial Intention, Create Excellence," underscores Norwich's commitment to upholding our founding principles while fostering innovation and adaptability. We share his vision of guiding Chinese brands towards global success, characterized by authenticity, innovation, and unwavering determination. https://lnkd.in/d5Z5ZcSG #NorwichCapital #Norwich #NorwichHK #BrandDevelopment #GlobalExpansion #ForbesChinaForum #SPAC #Innovation #EconomicGrowth #MarketInsights 

Are you prepared for China’s Golden Week? Celebrated from 1-7 October, this week sees the closure of most businesses and factories. Careful planning is vital, and the AWL team is here to help. Find out more > https://lnkd.in/e8DehPjs #China #SupplyChain #GoldenWeek #IndependentlyGlobal

Commemorating the 75th anniversary of the People's Republic of China - a pivotal milestone in our nation's journey HKPC - Hong Kong Productivity Council extends best wishes for continued prosperity of our country, as it embarks on a new era of high-quality development. At HKPC, we remain committed to following national development goals, fully supporting the HKSAR Government, helping enterprises leverage Hong Kong’s unique strengths under “One Country, Two Systems” to enhance competitiveness, promoting new industrialisation, nurturing innovation and technology (I&T) talent, and propelling Hong Kong’s development as an international I&T centre. Through these efforts, HKPC strives to contribute to the growth of new productive forces in Hong Kong and the entire Greater Bay Area, thereby supporting the country's high-quality development.  #hkpc #NationalDay #75A #HKSAR #NewProductiveForces

Cui Tiankai, China’s now retired but longest serving ambassador to the US, asked the CEO of Starbucks to do more to improve bilateral relations between the US and China, to promote mutual understanding, and to help increase people-to-people exchanges. These are all noble goals, but unlikely to solve the dilemma the world faces on the topic of China-US relations. There is a bit of irony in the whole thing. China’s Luckin Coffee (main competitor to Starbucks) opened almost more stores in one year than Starbucks has in the whole country, even after many years of operation. Luckin did an IPO in 2019 and raised $645 million but later had to part with $175 million to settle a shareholder lawsuit over falsifying revenue and bad accounting. There was also a trademark dispute with a Thai company. In other words, Starbucks is trying to do well in China but faces competitors accused of many of the “usual” issues. Even if Starbucks was willing to take up Cui Tiankai’s request, it may not be possible. China and the West got along reasonably well as long as 1) China’s government was not too ideological and 2) the West was somewhat confident that China’s political situation would change. Change how? More freedoms, less censorship, some opposition, more openness. Sometime shortly before COVID all hope was lost on both fronts. China became more ideological, and the West gave up hope that China would change politically. --- China Peace Initiative (CPI) was created to explain and educate, toward understanding, hoping for peace. CPI's mission is to seek the evolution of China into a vibrant nation where all have liberty to pursue wisdom and faith, and which chooses the path of peace. www.cpi-heping.org

Pierre E. Cohade, Non-Executive Director on the Boards of Johnson Control International, Deutsche Bank China, and CEAT, engages in a thought-provoking dialogue with CEIBS Vice President and Dean Prof. Frank Bournois, on the theme "Engage or Derisk? Multinationals in Search of a New China Playbook". Together they discuss the challenges and opportunities that multinationals face in China today. 👉 Watch it here: https://lnkd.in/ddpmMBDA

[HKPC Welcomes Reappointment of Hon Sunny TAN as Chairman] The Hong Kong Productivity Council (HKPC) welcomes the announcement by the HKSAR Government today (26 July) regarding the reappointment of Hon Sunny TAN to be the Chairman of HKPC for another two-year term starting from 6 August 2024.   HKPC expresses its deepest gratitude to Chairman TAN for his leadership over the past two years, during which HKPC has not only become a leading applied research institution in Hong Kong, but also a key enabler in nurturing new productive forces and facilitating new industrialisation in Hong Kong.   Chairman TAN expressed his gratitude of being reappointed, "I am sincerely grateful for the trust of the HKSAR Government and affirmation of my work. In the coming two-year term, I will continue leveraging my rich experience in the industrial sector to lead HKPC in promoting new productive forces and facilitating new industrialisation, with the mission of promoting Hong Kong into an international innovation and technology centre. I will lead HKPC to give full play to Hong Kong's strengths and serve national needs, attract talent and innovation resources, and help more Mainland enterprises tap into overseas markets, so as to help Hong Kong and the Greater Bay Area seize new opportunities.” Hon Sunny TAN was first appointed as Chairman of the HKPC in August 2022 and was re-appointed in August 2024. Our Executive Director Mr. Mohamed D. BUTT firmly believes that under the leadership of Chairman TAN, HKPC will become an empowering force for technology innovation, technology application and value creation in the future. Through advanced technologies, FutureSkills training and Government funding schemes, HKPC will fully support traditional industries in upgrading and transforming, foster the growth of emerging industries, and help develop future industries, with the goal of achieving new productive forces. #HKPC #NewProductiveForces #NewIndustrialisation

A really thoughtful and interesting breakfast discussion held by The British Chamber of Commerce in Hong Kong. Strengthening the independence and effectiveness of corporate boards in Hong Kong. Many thanks to Prof. Lapman Lee ✔ from The Hong Kong Polytechnic University and Kelly Lee from Hong Kong Exchanges and Clearing Limited (HKEX) for a deep dive into the new Hong Kong Exchanges and Clearing Limited (HKEX) Consultation paper on Board Governance. INEDs will be capped at 6 positions/boards INEDs will be capped at 9 years Boards will need to conduct Board reviews every 2 years Nomination committees need to be mixed genders Boards need to evidence a Board Matrix of skills Boards need to designate a Lead INED if the Chair is not independent All good progress. Meraki Executive Search & Consulting is actively leading on #Boardrecruitment, #BoardTraining, driving more #genderdiversity on boards, and running #BoardReviews. We think Hong Kong Exchanges and Clearing Limited (HKEX) is making good improvements with these proposals. We would like to go further; -Ensure board reviews conducted by external organisation -Encourage listed companies use external parties for board recruitment -Strive for more than just the 1 woman on the board as ED/INED, as per current requirements We are moving in the right direction, and of course we encourage big ambitions for Hong Kong! Kirti Lad Fiona Nott Winnie Yuen David S. Lee (이승우, 李乘雨) David Bishop Nicholas Allen Jean-Pascal Tricoire Paul Kennedy Edmund Tang Rob Sheffield - 施樂德 Eileen O'Connell Kathryn Weaver #diversity #womenonboards

One of CWS’ core values is “Ethical dealings are paramount.” It’s not only the right way to act but also good business. This same belief in the importance of ethical behavior was one of the cornerstones of Lee Kuan Yew’s philosophy in catalyzing Singapore's development. See which characteristics Lee valued most in those leading Singaporeans into the 21st century. On November 12, 1954, Yew formed the People’s Action Party, working towards self-rule! https://lnkd.in/gpMRX_4

🌎 The US Department of Commerce and its 14 partner nations under the Indo-Pacific Economic Framework (IPEF) for Prosperity Agreement met for the first time last week. One of the major issues covered was supply chain resilience, a recent trend. The previous discussion ended with the Supply Chain Agreement that created a basis for three organizations - The Supply Chain Council, the Crisis Response Network, and the Labor Rights Advisory Board. Last week, the participants met to choose their chairman and vice-chairs. 🤝They expanded on the success of a June meeting in Singapore, when leaders of IPEF, including Commerce Secretary Gina Raimondo, signed three agreements: the Agreement on IPEF, the Fair Economy Agreement, and the Clean Economy Agreement. 🔗If you would like to expand your knowledge of trends in the supply chain, be sure to visit our website blog. https://inforce.digital/