**********************************************************
The Chief Executive's Council of International Advisers will hold its second meeting on November 17 to discuss issues pertinent to the long-term development of Hong Kong, a Government spokesman said today (Wednesday).
The Council, chaired by the Chief Executive, Mr Tung Chee Hwa, comprises distinguished international business and corporate leaders.
The spokesman said, "Hong Kong is privileged to have the benefit of expertise from the Advisers, who are best placed to advise on the global and regional development trends affecting Hong Kong. Such advice is most timely as we are charting a new course for the new millennium.
"The inaugural meeting of the Council held in January this year proved to be a very useful forum for us to get insightful advice from the prominent leaders of the international business community on Hong Kong's long-term development. We look forward to another productive meeting."
The Advisers attending the second meeting include:
Dr Karl-Hermann Baumann, Chairman of Supervisory Board, Siemens AG
Mr Maarten van den Bergh, Vice-Chairman of the Committee of Managing Directors, Royal Dutch/Shell Group of Companies and President of Royal Dutch Petroleum
Mr Cor Boonstra, President, Royal Philips Electronics
Mr Andre Desmarais, President and Co-Chief Executive Officer, Power Corporation of Canada
Mr Christopher B Galvin, Chief Executive Officer, Motorola Inc
Mr Hilmar Kopper, Chairman of Supervisory Board, Deutsche Bank AG
Mr Jerome Monod, Chairman of Supervisory Board, Suez Lyonnaise des Eaux
Sir William Purves, Ex-Chairman, HSBC Holdings
Mr Tasuku Takagaki, Chairman of the Board, The Bank of Tokyo-Mitsubishi, Ltd
Dr Shoichiro Toyoda, Honorary Chairman, Toyota Motor Corporation
Mr Paul A Volcker, Ex-Chairman, Board of Governors of the Federal Reserve System of United States of America
The Chief Secretary for Administration, the Financial Secretary, the Secretary for Trade and Industry and Head, Central Policy Unit are ex-officio members of the Council.
The meeting on November 17 will be held at the Hong Kong University of Science and Technology. The Council is expected to meet at least once a year. The inaugural meeting was held on January 20 this year.
End/Wednesday, November 10, 1999
NNNN