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Rule of law, free flow of capital and information, a level playing field, a simple and low tax regime, clean government, and close ties with Mainland China make Hong Kong an ideal place for doing business and a perfect springboard to the China market.
To further enhance the long term competitiveness of Hong Kong, the Hong Kong Special Administrative Region Government is developing six economic pillars where the city enjoys clear advantages.
¡§These areas are: testing and certification, medical services, innovation and technology, cultural and creative services, environmental industry as well as educational services,¡¨ said the Director (Designate) of the Hong Kong Economic and Trade Office, San Francisco, Mr Jeff Leung, at a welcoming reception held at its office.
More than 200 government officials, consuls general, and business leaders attended the reception.
Also addressing the guests was the Director of the Hong Kong Economic and Trade Office in San Francisco, Ms Doris Cheung. She thanked the guests who have rendered unwavering support to Hong Kong and the office throughout the years.
¡§Many of you joined us in celebrating the 20th anniversary of the establishment of this office; welcomed the 10th anniversary of the establishment of the Hong Kong Special Administrative Region and successful implementation of ¡¥One Country, Two Systems¡¦¡@and witnessed Hong Kong¡¦s arrival as an Olympic city for equestrian events,¡¨ she said.
¡§In addition, many trade partners, state and city governments and professional groups helped us receive our Chief Executive and other top government officials and business leaders from Hong Kong and gave us the opportunity to tell the Hong Kong story.
¡§Trade is a two-way street and I have had the pleasure of facilitating many prominent U.S. personalities like the governors of California, Idaho and Nebraska, mayors of San Francisco, Los Angeles and other key cities as well as trade delegations to visit Hong Kong,¡¨ she added.
Hong Kong is a vibrant international city with many roles. The office will continue to strengthen Hong Kong¡¦s economic, trade and cultural ties with the United States.
Mr Jeff Leung will take up his appointment as the Director of the Hong Kong Economic and Trade Office in San Francisco on August 1, 2009.
Ends/Friday, July 24, 2009
Issued at HKT 12:33
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