Agreement reached on CEPA Expansion
June 29, 2007 - The Hong Kong Special Administrative Region Government and the Central People's Government today agreed on further services liberalization and economic co-operation under the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA). |
Celebration Events to mark HKSAR's 10th Anniversary
June 29, 2007 - The Chief Executive, Mr. Donald Tsang, and senior government officials will attend a flag-raising ceremony on Sunday (July 1) to celebrate the 10th Anniversary of the establishment of the Hong Kong Special Administrative Region (HKSAR). |
Hong Kong Exchange Fund Totals US$159.26 Billion
June 29, 2007 - Assets of the Hong Kong Exchange Fund totaled US$159.26 billion (HK$1,242.2 billion) on May 31, 2007. This is US$1.44 billion (HK$11.2 billion) lower than at end-April, according to the Hong Kong Monetary Authority. |
Financial Results for First Two Months of 2007-2008 Financial Year
June 29, 2007 - The Hong Kong Special Administrative Region Government (HKSARG) had expenditure of US$4.73 billion (HK$36.9 billion) and revenue of US$5.37 billion (HK$41.9 billion) for the first two months of the 2007-2008 Financial Year, resulting in a surplus of US$641.03 million (HK$5 billion). |
SFETO Reception – a Highlight of the HKSAR 10th Anniversary Celebrations in Western United States
June 28, 2007 - July 1, 2007 is declared as “Hong Kong Special Administrative Region Day” by San Francisco Mayor Gavin Newsom at the reception hosted by the Hong Kong Economic and Trade Office in San Francisco to celebrate the 10th Anniversary of the establishment of the Hong Kong Special Administration Region (HKSAR) today (June 28, San Francisco time). |
Hong Kong and Mainland Customs Sign Memorandum on Cooperative Arrangements for
Shenzhen Bay Port
June 28, 2007 - Acting Deputy Commissioner of Hong Kong Customs and Excise, Mr. Chow Kwong, and Deputy Director General of Guangdong Sub-administration of the General Administration of Customs, PRC, Mr. Zhao Min, today signed the “Memorandum on the Co-operative Arrangements between Hong Kong and Mainland Customs at Shenzhen Bay Port” to strengthen co-operation and enhance efficiency on customs clearance at the new control point at Shenzhen Bay Port. |
Cooperation Arrangements on Shenzhen Bay Port Signed
June 28, 2007 - Hong Kong’s Chief Secretary for Administration, Mr. Rafael Hui, today attended a signing ceremony in Shenzhen for cooperation arrangements relating to implementation of the co-location arrangement in the Shenzhen Bay Port. |
Hong Kong continues to thrive under “One Country, Two Systems”
June 28, 2007 - Hong Kong continues to thrive under the successful implementation of the ‘One Country, Two Systems’, the Director of the Hong Kong Economic and Trade Office in New York, Monica Chen, said today (Wednesday, US east coast time) in New York. |
Shenzhen Bay Bridge Marks New Era in Ties with Mainland
June 27, 2007 - The commissioning of the Shenzhen Bay Bridge (also known as the Hong Kong-Shenzhen Western Corridor) on July 1 would mark a new era for closer economic and social ties between Hong Kong and the Mainland, the Secretary for the Environment, Transport and Works of Hong Kong, Dr. Sarah Liao said today. |
Appointments to Commission on Strategic Development
June 27, 2007 - Hong Kong Chief Executive, Mr. Donald Tsang, today appointed 67 non-official members and four official members to the Commission on Strategic Development. |
USETO receptions to celebrate 10th anniversary
June 26, 2007 -The Hong Kong Economic and Trade Office in Washington DC hosted a reception to celebrate the 10 th anniversary of the e stablishment of the Hong Kong Special Administrative Region today ( 26 June , Washington time ). |
Renminbi Bond Issuance Bolsters Hong Kong
June 26, 2007 - Hong Kong Financial Secretary Henry Tang says the issuance of renminbi bonds in Hong Kong signifies the city’s role as the country’s premier international finance center, giving local investors more choice. |
Shenzhen Bay Port and Bridge to Commence Operation on July 1
June 25, 2007 - The Shenzhen Bay Port and the Shenzhen Bay Bridge - also known as the Hong Kong-Shenzhen Western Corridor - will commence operation on July 1, 2007. |
Executive Council Membership Announced
June 25, 2007 - The Chief Executive, Mr. Donald Tsang, today announced the membership of the Executive Council (Exco) for the third term Hong Kong Special Administrative Region Government. |
New Team of Principal Officials Appointed
June 25, 2007 - The Central People's Government, on the nomination of the Chief Executive, Mr. Donald Tsang, approved the appointments of Principal Officials of the Third Term of the Hong Kong Special Administrative Region (HKSAR) Government on June 23. |
Hong Kong's Consumer Price Index up 1.2% in May
June 22, 2007 - Hong Kong's overall consumer prices rose 1.2% in May 2007 over a year earlier, according to the Composite Consumer Price Index (CPI) statistics released today by the Census and Statistics Department of the Hong Kong Special Administrative Region Government (HKSARG). This is smaller than the 1.3% increase in April. |
Hong Kong's First Quarter GDP up 5.6%
June 22, 2007 - Hong Kong’s Gross Domestic Product (GDP) increased 5.6% in real terms in the first quarter of 2007 over a year earlier, compared with the 7.3% growth in the fourth quarter of 2006, according to the preliminary figures of constant price GDP by economic activity for the first quarter of 2007 released by the Census and Statistics Department today. |
Hong Kong’s Unemployment Rate Stable at 4.3%
June 21, 2007 - Hong Kong’s seasonally adjusted unemployment rate stood at a provisional 4.3% in March – May 2007, unchanged from the previous three-month period, according to the latest labor force statistics released by the Census and Statistics Department (C&SD) today. |
Chief Executive's Hong Kong Letter
June 18, 2007 - Following is the translation of the "Hong Kong Letter - Just because you are here" by the Chief Executive of the Hong Kong Special Administrative Region, Mr. Donald Tsang, broadcast on Radio Television Hong Kong this morning: |
Accreditation Applications for 2007 Equestrian Event Open
June 14, 2007 - A spokesman for The Equestrian Company (EqCo) announced that applications for accreditation from members of the print and electronic media who wish to report on this August’s Good Luck Beijing – HKSAR 10th Anniversary Cup competition are now open. |
CEPA Benefits Hong Kong Economy and Business Enterprises
June 12, 2007 - The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) continues to bring benefits to both business enterprises and the Hong Kong economy as a whole, according to the Administration’s second study on the CEPA’s economic impact. |
Land Auction Yields US$712.82 Million
June 12, 2007 - A plot of government land in the West Kowloon Reclamation Area was sold for US$712.82 million (HK$5.56 billion) by the Lands Department of the Hong Kong Special Administrative Region Government today. This is the third land auction of the 2007-08 financial year. |
Hong Kong's International Investment Position for 2006
June 11, 2007 - Hong Kong stood as a net creditor, with net external financial assets amounting to US$532.15 billion (HK$4,150.8 billion) at end-2006. This corresponds to 282% of the territory's GDP in 2006, according to the international investment position (IIP) statistics released today by the Census and Statistics Department of the Hong Kong Special Administrative Region Government (HKSARG). |
Boston dragon boat festival to mark 10th anniversary of HKSAR
June 10, 2007 - A dragon boat race to mark the special occasion of the 10th anniversary of the establishment of the Hong Kong Special Administrative Region was held at the 28th Annual Hong Kong Dragon Boat Festival at the Charles River in Boston today (Sunday, June 10, local time). |
Olympic Equestrian Sponsorship Programme
June 8, 2007 - The Equestrian Company is inviting Hong Kong enterprises to participate in the Beijing 2008 Olympic Equestrian Sponsorship Programme and give their support to the staging of the Olympic Equestrian Events in Hong Kong. |
Financial Secretary Welcomes Announcement on Renminbi Bonds in Hong Kong
June 8, 2007 - Hong Kong Financial Secretary Henry Tang today welcomed the announcement by the People's Bank of China of the Administrative Rules for Mainland financial institutions to issue renminbi bonds in Hong Kong.
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Hong Kong’s Foreign Currency Reserves at US$136.2 Billion
June 7, 2007 - Hong Kong’s foreign currency reserves stood at US$136.2 billion at the end of May 2007, according to the Hong Kong Monetary Authority, down from US$136.8 billion at end-April 2007. |
APEC Symposium on Trade Facilitation 2007 Concludes
June 5, 2007 - Experts from Asia-Pacific Economic Co-operation (APEC) and APEC Business Advisory Council (ABAC) continued to have discussions on the second day (June 5) of the APEC Trade Facilitation Symposium 2007 held in the Hong Kong Convention and Exhibition Centre. |
Technical Standard for Digital Terrestrial Television Service Promulgated
June 4, 2007 - The Telecommunications Authority today announced the adoption of the National Standard as the technical standard for the digital terrestrial television (DTT) service in Hong Kong. |
APEC Symposium on Trade Facilitation 2007 Opens Today
June 4, 2007 - The two-day Asia-Pacific Economic Co-operation (APEC) Symposium on Trade Facilitation 2007 opened today at the Hong Kong Convention and Exhibition Centre. |
Common Law System Continues to Develop and Thrive
June 4, 2007 - Hong Kong’s Hon. Chief Justice Mr. Andrew Kwok-nang Li says that the principle of “One Country, Two systems” has been successfully implemented and the common law system in Hong Kong has continued to develop and thrive over the past 10 years. |
California-based Cathay Bank opens first branch in Hong Kong
June 1 , 2007 - California-based Cathay Bank today opened its first full branch in Hong Kong. The opening of the Hong Kong branch illustrates the bank's expansion in the region and builds on its representative offices in Shanghai and Taipei. The bank already operates 31 branches in California and 19 branches in Illinois, Massachusetts, New Jersey, New York, Texas and Washington State and specializes in the niche Asia-American market. |
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