Update on Hong Kong and HKTDC s Promotional Activities. William Chui Regional Director, Europe

Transcription

1 Update on Hong Kong and HKTDC s Promotional Activities William Chui Regional Director, Europe 19 May 2017

2 Outline 2017: A Year of Significance Current Economic Situation New Developments in Economic Co-operation with the Chinese mainland Update on HKTDC s Promotional Activities Targeting Europe 2

3 3 2017: 20 th Anniversary of HKSAR

4 4 2017: New Administration

5 Current Economic Situation Major economic indicators Forecast/Latest Population, Mid-year (million) 7.37 Gross Domestic Product (US$billion) GDP Per Capita (US$) 44,800-45,300 Real GDP Growth (%) +2-3 Inflation (% Change in Composite CPI) +0.5 Unemployment Rate (%) 3.2 Retail Sales Growth (%) -3.2 Visitor Arrival Growth (%)

6 Current Economic Situation Merchandise trade performance January-March 2017 (in nominal terms) US$ Growth % US$ Growth % US$ Growth % billion billion billion Total Exports Imports Total Trade Trade Balance N/A N/A N/A 6

7 Current Economic Situation Service trade performance (in nominal terms) US$ Growth % US$ Growth % US$ Growth % billion billion billion Exports Imports Total Trade Trade Balance 32.8 N/A 30.1 N/A 23.9 N/A 7

8 Current Economic Situation Hong Kong's trade with the EU (US$ million) Value Growth % Value Growth % Total Exports 42, ,390-1 Imports 35, ,235-4 Total Trade 78, ,

9 Current Economic Situation EU's Involvement in the Hong Kong Economy 452 EU companies set up regional headquarters in Hong Kong, while another 693 had regional offices (as of June 2016) Total stock of direct investment from EU amounted to US$151billion Nearly 30,000 EU nationals resided in Hong Kong as at end of

10 Current economic situation Major Government Policies 2017/18 Strengthen financial and professional services sector Develop innovation & technology and creative industries Expand Hong Kong s network of offices Strengthen Hong Kong s status as a global offshore Renminbi business hub Participate in the AIIB (Has become a prospective member in March 2017) Nurture new growth area: Aircraft leasing 10

11 11 New Developments in Economic Co-operation with the Chinese mainland

12 New Developments in Economic Co-operation with the Chinese mainland The Belt and Road Forum for International Cooperation May 2017 in Beijing Hosted by President Xi Jin-ping 12

13 New Developments in Economic Co-operation with the Chinese mainland The Belt and Road Forum for International Cooperation Heads of States, Ministers and VIPs from Europe and Central Asia Europe Czech Republic: President Miloš Zeman Greece: Prime Minister Alexis Tsipras Hungary: Prime Minister Viktor Orbán Italy: Prime Minister Paolo Gentiloni Poland: Prime Minister Beata Szydło Serbia: Prime Minister Aleksandar Vučić Spain: Prime Minister Mariano Rajoy Switzerland: President Doris Leuthard Turkey: President Recep Tayyip Erdoğan Russia: President Vladimir Putin Of the 29 Heads of States, 14 are from Europe / Central Asia Finland: Minister of Transport and Communications Anne Berner Germany: Minister of Economic Affairs and Energy Brigitte Zypries Romania: Deputy Prime Minister and Minister of Environment Gratiela Gavrilescu United Kingdom: Chancellor of the Exchequer Philip Hammond 13

14 New Developments in Economic Co-operation with the Chinese mainland The Belt and Road Forum for International Cooperation Heads of States, Ministers and VIPs from Europe and Central Asia Central Asia Of the 29 Heads of States, Belarus: President Alexander Lukashenko 14 are from Europe / Kazakhstan : President Nursultan Nazarbayev Central Asia Kyrgyzstan: President Almazbek Atambayev Uzbekistan: President Shavkat Mirziyoyev Azerbaijan: Economy Minister Shahin Mustafayev VIP Managing Director of the International Monetary Fund, Christine Lagarde 14

15 New Developments in Economic Co-operation with the Chinese mainland The Belt and Road Forum for International Cooperation Key messages from President Xi Boosting funds - Xi pledged at least 780 billion (US$113 billion) in extra funding for the plan Enhancing cooperation China would work with AIIB, the New Development Bank and World Bank to support Belt and Road projects Reiterating the focus of the Belt and Road - drive up growth potentials of participating countries and achieve the economic integration, interaction and sharing 15

16 16 New Developments in Economic Co-operation with the Chinese mainland

17 Update on HKTDC s Promotional Activities Targeting Europe 21 September 2017 London 17

18 Update on HKTDC s Promotional Activities Targeting Europe Hong Kong - Asia s international maritime centre November 2017 Hong Kong 18

19 Update on HKTDC s Promotional Activities Targeting Europe Hong Kong - Asia s intellectual property marketplace and innovation hub 7-8 December 2017 Hong Kong 19

20 Update on HKTDC s Promotional Activities Targeting Europe DESIGN OUTSIDE THE GRID TO INSPIRE 7-9 December 2017 Hong Kong 2017: Italy as partner country 2019: Austria / Vienna 20

21 Update on HKTDC s Promotional Activities Targeting Europe The Voice in Global Finance January 2018 Hong Kong 21

22 Hong Kong Forum 5-6 December 2017 Hong Kong The Hong Kong Forum unique global network connects traders, buyers and professionals with strong business links to Hong Kong. Members can acquire the latest insights and information on doing business in Hong Kong and the Chinese mainland. 22

23 Hong Kong Forum New format of the Award Awarded annually: Best Initiative Award and Outstanding Membership Award Deadline of Submission: 18 September

24 Hong Kong Forum New format of the Award Awarded bi-annually: Grand Achievement Award and Success Story Award Deadline of Submission: 18 September

25 Registration and Side Programme Registration: Details will be provided to members in June December 2017 Side programme to. 25

26 Enquiry Federation of Hong Kong Business Associations Worldwide c/o Hong Kong Trade Development Council Tel: (852) Fax: (852) Hong Kong Forum website: 26

27 27 Thank you