HK$ m
1 / 5

- PowerPoint PPT Presentation

  • Updated On :

HK$ m. 45,000. 40,000. 35,000. 30,000. 25,000. 20,000. 15,000. 10,000. 5,000. 0. 2000. 2001. 2002E. 2003E. PRC tourist spending in HK overtaking HK tourist spending in PRC in 2002 once “quota” was lifted. “In-filling” surplus. “Hollow-out” deficit. PRC tourist spending in HK.

I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
Download Presentation

PowerPoint Slideshow about '' - Jeffrey

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.

- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Slide1 l.jpg

HK$ m















PRC tourist spending in HK overtaking HK tourist spending in PRC in 2002 once “quota” was lifted

“In-filling” surplus

“Hollow-out” deficit

PRC tourist spending in HK

HK tourist spending in PRC

Source: HK Govt

Cepa summary l.jpg
CEPA Summary

(1) Trade in Goods:

Import Tariffs; Rules of Origin

(2) Trade in Services:

Liberalization in market access in 17 sectors HK company definition; reduction in investment threshold

(3) Trade and Investment Facilitation:

transparency and simplification

Slide3 l.jpg

CEPA & gate-opening measures for HK - calendar

30 Jun CEPA signed between HK and China

15 Jul Mainland work permit scheme (easing entry requirement for mainlanders)

28 Jul Individual Travel from Dongguan, Zhongshan, Foshan, Jiangmen starts

20 Aug Individual Travel from Guangzhou, Shenzhen, Zhuhai starts

22 Aug Central government task force comes to HK to study/discuss offshore RMB deposit taking details with HKMA, etc.

end Aug Western Corridor work starts (connecting Yuen Long and Shenzhen)

30 Aug HK-Zhuhai-Macau bridge liaison group meets

?? Sep Investment Immigration Scheme implementation details (HK$6.5m investment for residency in HK)

01 Sep Individual Travel from Beijing and Shanghai starts

?? Sep all CEPA implementation details to be finalised (by end-Sep), e.g. definition of origin of goods, what is a 'Hong Kong company', etc.

1-7 Oct National Day Golden Week holiday

H2 03 more announcement on QDII

1May04 Individual Travel extends to whole of Guangdong

Source: UBS

Slide4 l.jpg


Strategic focus

International financial centre

Logistics centre

Hong Kong

Service industry centre

Window for fund raising and goods import/export

Regional financial

centre, providing banking and insurance services


Manufacturing base, focus on high technology

Ports and airport to supplement Hong Kong

Manufacturing base


Regional financial centre, providing banking and insurance services


Heavy petro

chemical base, supplying raw material for industries

Ports mainly for supplementing Hong Kong

Including Zhuhai, Zhongshan, Jiangmen, etc.

West PRD

Hinterland for developming industry and commerce

GPRD – divide (the roles) and rule (together)

New strategic economic positioning of GPRD cities:

Source: HKET

Opportunities l.jpg

  • HK as bridgehead to China, one more time (HK companies – CEPA)

  • Long term supply of tourists

  • 80’s Taiwan

  • 90’s Japanese and SEA

  • Tourism and support industries

  • Logistics center (with PRD cooperation)

  • Financial center (on our own strength)

  • China markets for HK entrepreneurs (wealth creation)