SCED promotes Hong Kong's strengths in doing business on US visit (with photos)

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     The Secretary for Commerce and Economic Development, Mr Edward Yau, began his visit programme in Washington, DC, the United States (US) today (September 24, Eastern Standard Time), where he met with think tank members, officials and business leaders to exchange views on Hong Kong-US economic relations and regional and global economic and trade issues as well as to promote Hong Kong's strengths in doing business and update them on Hong Kong's latest economic developments.

     Mr Yau first met with economic and trade experts from the Peterson Institute for International Economics (PIIE). They exchanged views on issues such as global economic and trade relations, and the current situation and future prospects of multilateral and regional trading systems. The PIIE is a non-profit and non-partisan research institution which mainly seeks to analyse issues to make globalisation sustainable for the US and the world.

     Mr Yau then paid a courtesy call on the Minister of the Chinese Embassy in the US, Mr Li Kexin, to understand the latest situation of China-US relations. During the meeting he thanked the Chinese Embassy for supporting the work of Hong Kong's economic and trade offices in the US.

     In the evening, Mr Yau joined a dinner hosted by the Hong Kong Economic and Trade Office, Washington, DC. The dinner was attended by former and current senior US government officials, think tank members and leaders of chambers of commerce and business organisations. He noted that the attendees attached great importance to Hong Kong and US trade and economic relations and said he looked forward to fostering even closer bilateral ties through exchanges of high-level government and business delegations.

     In 2017, total trade in goods and services between the US and Hong Kong was close to US$70 billion. The US was Hong Kong's second-largest goods trading partner, while Hong Kong ranked ninth-largest among US goods exports destinations.

     Mr Yau will continue his visit to Washington, DC, tomorrow (September 25, Eastern Standard Time) where he will meet officials and officiate at a gala reception to celebrate the inaugural direct flight between Hong Kong and Washington, DC, and attend the signing ceremony of Statement of Intent on Smart Technology Collaboration between the US Department of Commerce and the Hong Kong Productivity Council.

Ends/Tuesday, September 25, 2018
Issued at HKT 10:15

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The Secretary for Commerce and Economic Development, Mr Edward Yau (second left), meets with economic and trade experts from the Peterson Institute for International Economics including Senior Fellow, Mr Nicholas R Lardy (second right), in Washington, DC, the United States today (September 24, Eastern Standard Time) to exchange views on issues such as global economic and trade relations, and the current situation and future prospects of multilateral and regional trading systems.

The Secretary for Commerce and Economic Development, Mr Edward Yau (left), pays a courtesy call on the Minister of the Chinese Embassy in the United States (US), Mr Li Kexin (right), in Washington, DC, the US today (September 24, Eastern Standard Time).

The Secretary for Commerce and Economic Development, Mr Edward Yau (standing), attends a dinner hosted by the Hong Kong Economic and Trade Office, Washington, DC for former and current senior United States (US) government officials, think-tank members and leaders of chambers of commerce and business organisations in Washington, DC, the US today (September 24, Eastern Standard Time).

The Secretary for Commerce and Economic Development, Mr Edward Yau (left), meets with the United States (US) Secretary of Transportation, Ms Elaine L Chao, at the dinner hosted by the Hong Kong Economic and Trade Office, Washington, DC, in Washington, DC, the US today (September 24, Eastern Standard Time).

The Secretary for Commerce and Economic Development, Mr Edward Yau (right), meets with the former Principal Deputy Assistant Secretary, Bureau of East Asian and Pacific Affairs, Department of State of United States (US), Ms Susan A Thornton (left), at the dinner hosted by the Hong Kong Economic and Trade Office, Washington, DC, in Washington, DC, the US today (September 24, Eastern Standard Time).

The Secretary for Commerce and Economic Development, Mr Edward Yau (second left), meets with the Founding Principal of the Scowcroft Group, Mr Eric D K Melby (first right); the Chair and Chief Executive Officer of the Hills & Company, Ms Carla A Hills (second right); and the President of the National Foreign Trade Council, Ambassador Rufus H Yerxa (first left), at the dinner hosted by the Hong Kong Economic and Trade Office, Washington, DC, in Washington, DC, the United States today (September 24, Eastern Standard Time).