The Financial Secretary (FS) established the Economic and Employment Council (EEC) in January 2004. Chaired by the FS, the EEC comprised 36 non-official members and seven concerned directors of bureaux. Non-official members of the EEC included Members of the Legislative Council and representatives from the business, labour and academic sectors. EEC provided advice on the development and implementation of policies and initiatives to promote economic activities, encourage inward investment, facilitate business, and engender employment opportunities.

The EEC was an initiative announced in the Chief Executive’s 2004 Policy Address. The EEC consolidated four advisory bodies on economic development and employment (the Business Advisory Group, the Economic Advisory Committee, the Investment Promotion Strategy Group and the Task Force on Employment) originally under the purview of the FS. It provided a comprehensive forum for discussion of important issues relating to economic development and employment, helping to foster consensus in the community at large and creating synergy in identifying solutions to our challenges in these areas

The EEC was disbanded in December 2005 with the establishment of the Committee on Economic Development and Economic Co-operation with the Mainland under the Commission on Strategic Development.  The Business Facilitation Advisory Committee was set up in January 2006 to take forward the business facilitation efforts of the former EEC.

Terms of Reference

To advise the Financial Secretary on the development and implementation of policies and initiatives to promote economic activities, encourage inward investment, facilitate business, and engender employment opportunities.

Membership