May - June 2014

Constitutional Development Reports Published

On July 15, the Chief Executive of the Hong Kong Special Administrative Region, CY Leung, submitted his report to the National People’s Congress Standing Committee on whether there is a need to amend the methods for selecting the Chief Executive in 2017 and for forming the Legislative Council in 2016.

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Chief Secretary Op-ed in Asia Wall Street Journal on electoral reform

The Chief Secretary for Administration of the Hong Kong Special Administrative Region pens an op-ed in The Asia Wall Street Journal titled, "The Rules for Hong Kong Electoral Reform."

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Conclusion of Smithsonian Folklife Festival

Hong Kong made its mark at the recently concluded Smithsonian Folklife Festival thanks to the inclusion of a massive decorative bamboo flower plaque.

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Hong Kong Ranks Fourth in Global FDI Inflows

On June 27, Invest Hong Kong welcomed the United Nations Conference on Trade and Development’s (UNCTAD) World Investment Report 2014 (WIR), in which Hong Kong was ranked fourth in terms of global FDI inflows* in 2013.

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2014 StartmeupHK Venture Programme

Invest Hong Kong (InvestHK) announced the launch of its 2014 StartmeupHK Venture Programme, which aims to highlight Hong Kong as the region’s leading hub for entrepreneurship and innovation.

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FTA Negotiations Commence Between Hong Kong and ASEAN

The first round of negotiations on the Free Trade Agreement (FTA) between Hong Kong and the Association of Southeast Asian Nations (ASEAN) was held successfully July 11.

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Hong Kong Day Declared in Massachusetts

The Governor of the Commonwealth of Massachusetts, Deval Patrick, proclaimed June 13, 2014 to be “Hong Kong Day” to acknowledge the importance of economic and trade ties between Massachusetts and Hong Kong, and the first official visit of the Hong Kong Commissioner for Economic and Trade Affairs, USA, Clement Leung, to the state.

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Hong Kong Welcomes IMF Assessment Commending City's Financial System

The Hong Kong government welcomes a comprehensive assessment by the International Monetary Fund (IMF) which commends Hong Kong’s financial system as very well regulated and resilient, according to the Financial System Stability Assessment report released by the IMF.

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Hong Kong's Role in Direct Investment in the GPRD

Invest Hong Kong (InvestHK) announced the findings of the latest edition of its Greater Pearl River Delta (GPRD) Report, which highlights Hong Kong’s evolving role for both foreign and Mainland investors seeking to invest in the GPRD region or branch out to the world.

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Invest Hong Kong Reports Mid-year Growth

Invest Hong Kong (InvestHK) announced that for the first half of 2014 the department has assisted a record 223 overseas and Mainland Chinese companies to set up or expand in Hong Kong.

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Hong Kong to Participate in Negotiations for Environmental Goods Agreement

Hong Kong will participate in the negotiations for the Environmental Goods Agreement (EGA) among some World Trade Organization (WTO) members which aims at eliminating tariffs on a wide range of environmental goods, a government spokesperson announced.

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19th Annual "Made in Hong Kong" Film Festival

Ever since Bruce Lee’s breakout performance and the kung fu wave of the 1970s, Hong Kong’s talented and innovative actors, directors, and cinematographers have successfully straddled both Eastern and Western markets.

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