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Hong Kong: An Economic Success

Hong Kong: An Economic Success
Date/Time: Aug 31, 2007 / 5.00pm

Over the past 30 years, China has emerged gradually to become one of the world’s largest economies. It is poised to move up to the third place (behind only the USA and Japan) in terms of total GDP in the near future. Already, the IMF has estimated that China is the largest contributor to global GDP growth. Being an integral part of China and having successfully implemented the “One Country, Two Systems” principle, Hong Kong plays an even more special and unique role in the sustained growth of China as it celebrates the 10th anniversary of its return to the country this year.
The closed-door dialogue, which was sponsored by Hong Kong Economic and Trade Office, kicked off with Mr Mike Rowse, Director-General of Investment Promotion, Invest Hong Kong, providing the background leading to Hong Kong’s success. Moderated by Ms Euleen Goh, Chairman of International Enterprise Singaporeand Advisor to the SIIA, the session generated candid discussions on Hong Kong’s current development. The issues touched on included: the decline of the Hong Kong’s movie industry; the development of the Hong Kong brand; the cross border pollution issue spreading from factories in China's southern Guangdong province; and the impact of bad publicity generated by ‘Made in China’ tainted products.


Sponsor: Hong Kong Economic and Trade Office


Mr Mike Rowse was formerly a close aide to the HKSAR Chief Executive Donald Tsang when the latter was Financial Secretary and Secretary for the Treasury. Mr Rowse held the post of Commissioner for Tourism until his appointment to head Invest Hong Kong as its Director-General on July 1, 2000. Invest Hong Kong is a HKSAR government department that provides comprehensive inward investment support services to prospective and existing foreign investors.

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