Review of the HKCEA’s Major Activities in 2006
　

 

BUSINESS AFFAIRS

Supporing the HKSAR’s Administration in Accordance with the Basic Law

Staying in Communication with the SARG

In June, the Association held a dinner party for the Honourable Donald Tsang, Chief Executive of the HKSAR, with attendance of most Executive Directors of the Association. On the party, both sides exchanged views on related social and economic issues. The Honourable Donald Tsang acknowledged suggestion of Chinese enterprises and expressed his appreciation of continuous support from the Association. He also assured that he would stay in close contact with the Association.

The Association’s leaders also paid visits to related departments of the SARG, such as Commerce, Industry and Technology Bureau, Financial Services and the Treasury Bureau, Central Policy Unit, Department of Industry and Trade, Innovation and Technology Commission, Invest Hong Kong, and Trade Development Council as well as the Independent Commissioner of Anti-Corruption, etc., to discuss how to further develop closer cooperative relations and provide services for Chinese enterprises operating in Hong Kong.

The Conversazione with Secretary for Financial Services and the Treasury on the Budget 2006/2007

On 23 November, Secretary of Financial Services and the Treasury held a conversazione with the Association and Chinese enterprises for in-taking comments on the Budget 2006/2007. Mr. Gao Yingxin, Vice Chairman of the Assciation attended the event with several representatives of Chinese enterprises.

Commenting on other Legal and Policy Consultative Documents

In 2006, the Association actively involved in the policy consultation both at the level the SARG and the Central People’s Government. The main legal and policy documents on which the Association made comments include:

-Adjusting the added-value tax-rebate on certain exporting goods and the list of prohibited categories of goods for processing trade

- Labour Protection Law of the PRC (Draft);

- Rules of Promotion of Employment of the Disabled of the PRC (Draft);

- Policy Address by Chief Executive of the HKSAR;

- The proposed standing of the HKSARG on the new round of negotiations of trade in services within the framework of the WTO;

- The repositioning and development strategies of the Start-ups Chip of HKEx;

- The Companies (Revision of Accounts and Reports) Provisions;

- The white paper of the competition policy of the HKSARG;

 

Industrial and Liaison Activies

Co-hosting the Reception in Celebration of the 57^th Anniversary of the Founding of the PRC by Compatriots of Commercial and Industrial Circles of HK

At the end of September, the Association and other main chambers of commerce co-hosted a grand reception in celebration of the 57^th anniversary of the founding the PRC, and invited Mr. Gao Siren, Director of the Liaison Office of the Central People’s Government in the HKSAR, the Honourable Donald Tsang, Mr. Lu Xinhua, Commissioner of Ministry of Foreign Affairs of the PRC in the HKSAR to officiate the function. Hundreds of prominent figures showed up and they were joined by the Association’s Chairman Dr. Qin Xiao and some representatives of Chinese enterprises.

Joint Delegation to the Expo Central China 2006

In September, the Association and the Chinese General Chamber of Commerce jointly organized a delegation to the Expo Central China 2006. Ms Guo Li, Vice Director of the Liaison Office of the Central People’s Government in the HKSAR was invited to join the delegation as senior advisor. And the Association’s Vice Chairman Mr. Wang Liaoping, Executive Director Mr. Sun Zhongren and Mr. Zhu Qi participated in the activities of the delegation in Changsha with other members.

The 10^th Symposium on Economic Cooperation between Beijing and Hong Kong

On 15 November, the 10^th Symposium on Economic Cooperation between Beijing and Hong Kong opened in Hong Kong. It’s an event co-organized by the Association, Hong Kong Trade Development Council and other main chambers of commerce. The honourable Donald Tsang, Chief Executive of the HKSAR, Mr. Wang Qishan, Mayor of Beijing Municipal People’s Government, and the Association’s Chairman Dr. Qin Xiao, Vice Chairman Mr. Yi Xiqun, Mr. Liu Guoyuan, Mr. Wang Liaoping, Treasurer Mr. Lam Kwong Siu, Executive Director Mr. Yuen Mo attended the opening ceremony together with hundreds of officials, academicians, and prominent figures of industrial and commercial circles. The symposium consisted of a variety of events, including a briefing on the preparation of the Olympic Games 2008 Beijing, a seminar on cooperation of cultural and creativity industries between Beijing and Hong Kong, a forum on cooperation of financial services industry under the framework of CEPA, a trade and investment fair on tourism. And many members of the Association joined the above events.

The New Spring Liaison Party for Young Executives of Business Circle

In February, Youth Committee of the Association co-hosted a dinner party with youth organizations of other major chamber of commerce. The party was officiated by Mr. Li Guikang, Vice Director of the Liaison Office of the Central People’s Government in the HKSAR, Mr. Xie Xiaoyan, Vice Commissioner of Ministry of Foreign Affairs of the PRC, the Honourable Patrick Ho, Secretary for Home Affairs. And hundreds of young leaders and executives from the chambers joined the great party.

Exchanges with Woman Organizations of Business Circle

At the beginning of the year, Women Committee of the Association co-organized a liaison party with the Hong Kong Women Professionals and Entrepreneurs Association. At the function, both sides briefed on its own and discussed some issues of economic and trade exchanges, including Closer Economic and Partnership Agreement between the Mainland and Hong Kong (CEAP), expressed the hope to develop closer cooperative relations in future. In addition, Women Committee of the Association also actively involved in and made significant contributions to organizing the parties and receptions in celebration of the 8^th March International Women Festival, and of the 57^th Anniversary of the Founding of the PRC, in partnership with other prominent women organizations. Its active role attracted much attention form the women community of Hong Kong.

Cooperation with the Federation of French Industry and Trade in Hong Kong

In May, the Association and the Federation of French Industry and Trade jointly held a liaison reception, and members from both sides joined the function to explore business cooperative opportunities.

Auti-Spam Seminars

To contain the ever increasing trash or junk emails on the internet, the Association co-held two seminars with Hong Kong Productivity Council on developing overall solutions and discussing necessity of legislation, by joining hands with the industrial and related professional communities. Some members of the Association joined the seminars.

Joint Seminar on Going-out by Joining Hands by the Mainland and Hong Kong Enterprises

In July, the Association co-organized with other organizations in Shenzhen a seminar on discussing the possibilities of exploring international market by joining efforts of enterprises from the Mainland and Hong Kong, so as to effectively carry out the Going-out Strategy. Among the attendees were officials from Ministry of Commerce of the PRC, the Liaison Office of the Central People’s Government in the HKSAR, the HKSAR Government, and Hong Kong Trade Development Council, as well as prominent entrepreneurs from across the Mainland and Hong Kong. The contents of seminar included sharing experience in overseas investment, explaining related policies for out-bound investment, and business matching.

Joint Evening Party of Business Societies of Hong Kong and Pearl River Delta

In November, the Association joined hands with Hong Kong Productivity Council and other main chambers of commerce in Hong Kong to co-organize a grand joint evening party, together with related industrial and commercial organizations of Guangdong, aiming to reinforce the linkage among the business societies across Pearl River Delta. The party was complementary with the 5^th Symposium on Development and Exchange of Industry and Technology Across Pearl River Delta. The Association’s Vice Chairman Mr. Wang Liaoping and some members joined the events.

The Exhibition and International Market Day for SMEs

At the end of November, the International Market Day for SMEs and Exhibition of Creativity Technologies and Design grandly opened in Hong Kong, which attracted involvement of over 300 enterprises from the Mainland of China. The Association, as a supporting organization, set up a booth on the exhibition to showcase its services, and Vice Chairman Mr. Wang Liaoping attended the opening ceremony of the events.

Exchanges with Macao Chinese Enterprises

To help member companies to explore business opportunities in Macao booming market, the Association joined hands with the Macao Chinese Enterprises Association, to help members of the both sides forge closer cooperative relations. To this end, the two associations co-hosted two sessions of business golf tournament respectively in Zhuhai and Shenzhen.

 

SOCIAL AFFAIRS

The Election of Members of the Election Committee

At the end of the year, the HKSAR held the Election Committee Subsector Elections. As one of 38 subsectors of the Election Committee, the Association actively involved in the elections and organized nomination and election sessions with due care among Chinese enterprises. Eventually, 11 members representing the Association sub-sector were elected.

The Youth Grand Parade in Expectation of the Olympic Games 2008 Beijing

On 7 May, Youth Committee of the Association, as a co-organizer, participated in a grand parade with the theme of “the Olympic Games in Our Heart”. And more than 10,000 members from over 80 youth societies joined the event to express their enthusiasm to and expectation of the Olympic Games 2008 Beijing. The event also included a large-scale artistic show and a carnival. And some prominent figures were invited to be the guests of honour, among them were Mr. Gao Siren, Director of the Liaison Office of the Central People’s Government in the HKSAR, Mr. Lu Xinhua, Commissioner of Ministry of Foreign Trade of the PRC in the HKSAR, the Honourable Wong Yan Lung, Secretary for Justice of the HKSARG, the Honourable Arthur K. C. Li, Secretary for Education and Manpower, the Honourable Patrick Ho, Secretary for Home Affairs, Mr. Tsang Hin Chi, Member of Standing Committee of the National People’s Congress as well as 7 Chinese champions of Olympic Games 2004 Athens. Over 200 representatives of the Association’s Youth Committee joined the parade.

The Grand Parade in Celebration of the 9^th Anniversary of Hong Kong’s Return to its Motherland

On 1 July, the Association, together with 18 influential organizations co-organized a grand parade in celebration of the 9^th anniversary of Hong Kong’s return to its motherland and the founding of the HKSAR Government, to showcasing the expectation of constructing a harmonious and prosperous society. The event attracted more than 40 thousand people to join with colourful and joyful artistic shows. Under the guidance and coordination of the Association, over 5000 staff and their families of member companies took part in the parade.

Evening Party in Celebration of the 57^th Anniversary of the Founding of the PRC and Firework Show

On the National Day, the Association jointly with the Federation of Hong Kong Island Societies and four district councils of Hong Kong Island, co-organized an evening party in celebration of 57^th anniversary of the PRC combined with firework shows. The Association’s Vice Chairman Mr. Kong Qingping, together with Mr. Zhou Junming, Vice Director of the Liaison Office of the Central People’s Government in the HKSAR and other guests of honour, officiated the opening ceremony. The event consisted of artistic performance, carnival and amusement booths. And over20,000 people including Chinese enterprises’ staff and their families visited the carnival.

Holding Anti-Corruption Talk

As always, the Association attaches great importance to joining efforts with ICAC and other organizations to help maintain a fair and clean business environment in Hong Kong. At the beginning of the year, the Association, together with ICAC and related department of the Liaison Office of the Central People’s Government in the HKSAR, held a seminar on promoting anti-corruption norm with a large attendance of staff of Chinese enterprises.

Helping Young Generation Enrich Understanding of the Motherland

In 2006, the Association co-organized a few missions to the Mainland with related Youth Societies, such as a mission to Fujian Province for study of logistics and finance, and a mission to Jiangsu Province for military and cultural exchanges, with the aim to help the participants to know more about the Motherland as well as about the necessity of closer cooperation between Hong Kong and the Mainland.

Forum on Relationship between Spiritual Civilization and Social Harmony

On 20 June, a large-scale forum on relationship between spiritual civilization and social harmony was held on Hong Kong. Mr. Wang Fengchao, Vice Director of the Liaison Office of the Central People’s Government in the HKSAR, famous scientists and prominent figures from religion community uncovered and criticized the heterodoxy nature of Fa Lun Gong as well as its negative implications on social harmony of Hong Kong. And the Association join the efforts of Hong Kong Culture Association in co-organizing the event.

Participating in the Wages Protection Movement

In October 2006, the Chief Executive Donald Tsangannounced in his Policy Address that the Government would join hands with the business community and labour sector to launch the Wage Protection Movement (WPM), with the aim to protect the wage level of cleaning workers and security guards through voluntary and non-legislative means. To support the efforts, the Association actively took part in Movement and called on member companies to sign up consent forms so as to help carry out the policy and received broad and active response.

Helping the Community of the Disadvantaged and the Needed

As always, the Association actively involved in promoting social charity undertaking. During the year, the Association joined “Hong Kong and Kowloon Walk for Millions” organized by the Community and made donations. The Association’s Vice Chairman Mr. Wang Liaoping, Treasurer Mr. Lam Kwong-siu and some Executive Ddirectors participated in the event. Some large-size member companies joined the event with their own teams and donations.

In addition, the Association, as a supporting organization, participated in holding Lang Lang Piano Solo Charity Concert, with its income to held the needed in the society.

 

EXCHANGES BETWEEN HONG KONG AND THE MAINLAND

Helping to Sponsor Economic and Trade Fairs

In 2006, the Association actively assisted local government and other organizations to sponsor various economic and trade activities in Hong Kong with the aim to support economic construction on the Mainland, and was in total involved in over 70 events of various contents and forms, such as symposiums, forums, media press, exhibitions and fairs, etc., among which were: Symposium on Investment and Trade and Culture Showcasing Week of Hebei Province, Tianjin Week in Hong Kong, Shandong-HK Economic and Trade Cooperation Week, Showcasing and Symposium on Modern Service Industries of Jiangsu Province in HK, Shanxi (HK) Investment Fair, Briefing on Investment in Liaoning, etc. And the Association also took part in some other meaningful events held by Mainland organizations in Hong Kong, which were helpful in promotion of internationalization of Chinese brands and corporate governance.

Receiving Delegations and Trading Groups from the Mainland

The Association also received over 40 delegations and groups from the Mainland for economic and trade purpose, and provided necessary supporting services and suggestion to help them broaden linkages with the local business community. In the meantime, the Association also assisted some provincial localities to hold economic training programmes in Hong Kong.

Luncheon for Welcoming the Visits by Ministers and Governors

At the time of celebrating the 3^rd anniversary of the signing of CEPA between Hong Kong and the Mainland, the Association hosted a high-level luncheon to welcome the ministers and governors who were members of the delegation headed by Mr. Jia Qinglin, Chairman of National Committee of the Chinese People’s Political Consultative Committee. Among them were leaders from National Reform and Development Commission, Ministry of Construction, General Administration of Customs, Hunan Province, Jiangxi Province, Beijing Municipal City, Fujian Province, Guizhou Province, Hainan Province and Yunan Province. And over 20 office-bearers of the Association attended the luncheon and had a close talk with the distinguished guests.

Receiving Members of NPC and CPPCC

In November, the Association held a luncheon welcoming some members of the National People’s Congress (NPC) and of National Committee of the Chinese People’s Political Consultative Committee, who visited Hong Kong for a study programme.

 

Missions to the Mainland

In 2006, the Association organized 8 missions back to the Mainland to attend national or regional economic and trade activities, or conduct business study.

Mission to the 10^th Investment & Trade Fair for Cooperation between East & West China

The 10^th Investment & Trade Fair for Cooperation between East & West China opened in Xi’an in early April, and the Association organized a mission headed by Vice Chairman Mr. Wang Liaoping to the business event, which was co-organized by related Ministries of the Central Government and 24 provinces and municipal cities, with the aim to boost cooperation between East and West China. At the exhibition, the Association set up an exhibition booth to promote the Association and Chinese enterprises by pictures and document layouts. During the trip, the mission paid a visit to related cities and also attended the 5^th Fair of Utilizing Foreign Investment in Western China.

The Mission to the 4^th Fair of Henan International Investment and Trade

Upon the invitation of Henan Provincial People’s Government, the Association sent to mission to attend the 4^th Fair of Henan International Investment and Trade for which the Association was a supporting organization. The delegation, with Mr. Zheng Kunsheng, Vice Director of the Liaison Office of the Central People’s Government in the HKSAR, as Advisor, attended the opening ceremony and its reception, and held business negotiations with local companies. And the principal leaders of the province specially hosted a banquet in honour of the Association’s delegates.

Joint Mission to Chongqi Municipal City

In early April, the Association and Shenzhen Municipal People Government jointly organized a large-scale delegation to Chongqing, and were cordially received by the local government. During their trip, they made field tours to major container ports and proposed development zones, and also joined some business negotiations with local enterprises, making the visit very fruitful.

Mission to Inner Mongolia Autonomous Region

Upon the invitation of the People’s Government of Inner Mongolia Autonomous Region, the Association’s delegation with over 30 members paid a business visit to the region. Ms Guo Li, Vice Director of the Liaison Office of the Central People’s Government in the HKSAR was invited to join as senior advisor. They were cordially received by major leaders of the local government, and visited some economic development zones and prominent local enterprises and held several business matching meetings and conversaziones with local firms.

Mission to the 10^th China Investment & Trade Fair

Upon invitation from the organizing committee of the 10^th China Investment & Trade Fair, the Association sent a mission to the business event. At the opening ceremony, Vice Premier Ms Wu Yi made a theme speech. And up to 10,000 businessmen from 100 countries and regions, and delegates from individual provinces and cities, joined the fair. During the fair, the Association’s mission attended the opening ceremony and welcome evening party, as well as some forums and seminars, and they also met up with Mr. Liao Xiaoqi, Vice Minister of Minister of Commerce.

In addition, the Association organized delegations to join the 100^th China Import and Export Commodities Fair, and 9-plus-2 Pan Pearl River Delta Economic and Trade Cooperation Fair held in Yunnan where they attended the general meeting of trade development organizations in the Pan Pear River Delta to broaden the cooperation network.

Assisting the HKSARG to Bring More Mainland Companies to HK

Organizing Lunar New Year Cocktail with the InvestHK

To reinforce the linkages between the Association and the InvestHK of HKSAR, and encourage more enterprises from Mainland to invest in Hong Kong, the tow sides jointly hosted a New Spring cocktail on 10 February. And Ms Guo Li, Vice Director of the Liaison Office of the Central People’s Government in the HKSAR, and the Honourable Joseph Wong, Secretary for Commerce, Industry and Technology, Mr. Wang Bingxin, Director General of Economic Affairs Department of the Liaison Office of the Central People’s Government in the HKSAR, were invited to the function as guests of honour. And the Association’s Chairman Dr. Qin Xiao, Vice Chairman Mr. Kong Qingping, Mr. Liu Guoyuan and Mr. Wang Liaoping, Executive Director Mr. Sun Zhongren, attended the reception with over 200 representatives of Chinese enterprises.

Other Investment Promotion Activities

During the year, the Association also assisted InvestHK in holding investment promotion events on the Mainland to promote in-bound investment from the Mainland, including the Day for Invest in HK, and Seminar on How Guangdong Enterprises Using HK as a Spring Board to International Market.

 

SERVING MEMBER COMPANIES

Strengthening Sub-Committees’ Function of Serving Members

In 2006, the Association newly set up 5 sub-committees to meet up the requirements of member companies, namely, Committee on Human Resources, Committee of Enterprises from Guangdong, Committee on Iron and Steel Industry, Committee on Hotel and Catering Industry, Committee on Air Transportation. In addition, the Association also made preparation for adjusting the rest sub-committees with an aim to bring their role into fuller play.

The individual sub-committees provided service to members in their respective sectors or professions, and played considerably good role in promoting inter-exchange and cooperation. For instance, Committee on Financial and Accounting Affairs Steering Committee held several training programmes with a focus on the new accounting system to be effective in Hong Kong, and sponsored quite a few luncheons in partnership with local professional bodies, and organized to missions to Taiwan to exchange with local enterprises. And Committee on Building Industry organized an annual seminar on market for building and construction companies, as well as some field tour to construction projects of member companies to share experience on project management. And Committee on Hotel and Catering Industry held a seminar on Chinese culture and hotel management right after its founding to improve comprehensive operative efficiency.

Talks, Training Programmes and Seminars

The Association continuously organized various kinds of training service for member companies, including talks, seminars and field tours, and invited scholars, experts to present their observations and views on important or focus issues. And the above mentioned activities mainly included Seminar on the Eleventh Five-Year National Development Plan and Fresh Opportunities for Hong Kong Chinese Enterprises, Seminar on Observations of HK and Mainland Stock Market and the Strategies of Investment and Financing for Chinese Enterprises, Training Programmes on General Legal Concepts for Executives of Chinese Enterprises, Luncheon on Enterprise Resources Programmes, and Field Tours to Hong Kong Science Park, etc.

Business Information Service

The Association continued to provide economic and commercial information to member companies via winfax, website and some internal circulars, and also assist them in collecting market information by organizing them to take part in various economic and trade activities, such as seminars, policy briefings, etc.

Business Matching and Business Promotion Services

The Association was devoted to foster the linkage and cooperation among member companies, including project partnership, product or service promotion as well as helping settle commercial disputes. In addition, the Association took an active role to lobby the government to resolve the immigration problem encountered by member companies’ staff from the Mainland.

Exploring Overseas Market

Mission to the 11^th Macao International Trade and Investment Fair

Upon invitation of Macao Investment Promotion Bureau, Mr. Sun Hengshan, Vice President of the Association, headed a delegation to the 11^th Macao International Trade and Investment Fair organized by China and Portugal Countries Economic Cooperation Forum.

Delegation to North Europe

To help member companies to capitalize overseas market, the Association organized a delegation to Finland, Norway, Sweden, Danmark from 27 June to 5 July. With Executive Director, Mr. Wang Mingcai as the Head, and Mr. Wang Bingxin, Director General of Economic Affairs Department of the Liaison Office of the Central People’s Government in the HKSAR, as Adviser, the delegation paid visits to related government agencies and commercial associations of the countries, as well as field tour to headquarters of Nokia and Ericsson. Through the visit, the delegates had a better understanding about local business environment of the two countries.

Mission to East Europe

In September, the Association’s Vice Chairman Mr. Wang Liaoping headed a mission with Hungary, Czech and Poland, which was welcomed by related governments and business chambers. During the visit, the delegates joined some ad hoc briefings and liaison functions with local enterprises. The delegates also held conversaziones with local Chinese enterprises to share their business experience in the countries.

Fostering Corporate Culture

The 2^nd Sports Day of the Association

On 10 December, the Association held a 2^nd sports day at the Siu Sai Wan Sporting Centre. And 23 Chinese enterprises and Commissioner’s Office of Ministry of Foreign Affairs of the PRC, with 700 participants joined the contests, and over 4000 staff of Chinese enterprises attended the opening ceremony and watched the contests.

Among the honourable guests were Mr. Liu Junmin, Executive Vice President of the Beijing Organizing Committee for the Games of the XXIX Olympiad, Ms Guo Li, Deputy Directors of Liaison Office of the Central People’s Government in the HKSAR, Mr. Ming Junfu, Deputy Commissioner of the Ministry of Foreign Affairs of the PRC in the HKSAR. And Chairman Mr. Qin Xiao, some other office-bearers of the Association, together with leaders of influential Chinese enterprises also attended the opening ceremony and watched the contests.

Through fierce competition, Bank of China (Hong Kong) Limited won the championship in terms of collectives points, and China Travel Services (H. K.) Holdings Ltd, COSCO (Hong Kong) Group and Shanghai Industrial Investment Holdings Ltd as the 1^st runner up, the 2^nd runner up and the 3^rd runner up respectively.

 “Chinese Enterprise Cup” Bowling Championship

In March, the Association organized a large-scale bowling contest and over 180 representatives from member companies joined, including a guest team from the Liaison Office of the Central People’s Government in the HKSAR. Mr. Wang Hui, Deputy Director of Economic Affairs Department of the Liaison Office of the Central People’s Government in the HKSAR, Mr. Wang Liaoping, Vice Chairman of the Association, and Mr. Yuen Mo, Executive Director of the Association witnessed the final and attended the awarding ceremony. Among the winner teams are Bank of China (Hong Kong), China Overseas Holdings Ltd, Chiyu Banking Corporation Ltd. And a few local media joined the event as co-organizers.

A Special Arts Show

As one of the serial events in celebration of its 15^th anniversary, the Association invited Tibetan Arts Troupe to hold an evening party for members. The party, with strong national characteristic elegance, was warmly welcomed. Some high rank officials from the Liaison Office of the Central People’s Government in the HKSAR, leaders of the Association joined the function with hundreds of staff of member companies.

 

OTHER ACTIVITIES

The 15^th Anniversary and New Spring Reception

In February, the Association hosted the 15^th Anniversary and new spring reception to liaison friends, old and new. And the Honourable Donald Tsang, Chief Executive of the HKSAR, Mr. Gao Siren, Director of Liaison Office of the Central People’s Government in the HKSAR, Mr. Zheng Kunsheng and Ms Guo Li, Deputy Directors of Liaison Office of the Central People’s Government in the HKSAR, Mr. Xie Xiaoyan, Deputy Commissioner of Ministry of Foreign Affairs of the PRC in the HKSAR, the Honourable Henry Tang, Financial Secretary of the HKSARG, were invited to officiate the ceremony. Office-bearers and Directors of the Association joined the function with over 700 guests, among them were heads of related departments of Liaison Office of the Central People’s Government in the HKSAR and Commissioner’s Office of the Ministry of Foreign Affairs of PRC in the HKSAR, high-rank officials of the HKSARG, officers from consulates general of foreign countries in Hong Kong, leaders of foreign chambers of commerce, and representatives of member companies.

Chairman Dr. Qin Xiao addressed at the ceremony. He appreciated for care and support delivered the Association by people of various circles, and expressed that the Association would keep devoted to promote stability and prosperity of Hong Kong.

In alignment with the theme of the reception, the Association made a video slip about what the Association and member companies had done for Hong Kong. CCTV and other influential media also made detailed introduction on reform and development of the Association’s member companies and their contribution to the communities.

Special General Meeting and Annual General Meeting

In August, the Association held a special general meeting and passed a special resolution on amendments of the Association’s Memorandum and Articles of Association.

Right after the special general meeting, the Annual General Meeting 2005-2006 was held, and most office-bearers of the 8^th term of office and nearly 200 representatives of member companies attended. The general meeting passes the annual working report and financial report and decided to invite Mr. Chen Xinhua, Mr. Wang Mingquan, Mr. Feng Xiaozeng, Mr. He Guangbei, Mr. Che Shujian, Mr. Zhang Xuewu, and Mr. Cai Laixing as the Association’s Honourary Chairmen, and elected 91 members of Directors the Board Directors of the Ninth Term of Office.

At the First Session of the Board Directors of the Ninth Term of Office right after the general meeting, 29 executive directors were elected. They were: Mr. Qin Xiao, Mr. Gao Yingxin, Mr. Chen Shulin, Mr. Xiong Weiping, Mr. Li Wenyue, Mr. Kong Qingping, Mr. Lin Fan, Mr. Liu Guoyuan, Mr. Wang Liaoping, Mr. Zang Qiutao, Mr. Yi Xiqun, Mr. Lam Kwong Siu, Mr. Wang Mingcai, Mr. Wang Rongfeng, Mr. Zhu Qi, Ms Xin Fanfei, Ms Li Xiaolin, Mr. Li Qiuhong, Mr. Wu Zhongxiao, Mr. Hu Aimin， Mr. Yang Dongcheng, Mr. Yuen Mo, Mr. Sun Zhongren, Mr. Ou Bingchang, Mr. Zhang Xianlin, Mr. Zhao Liqiang, Mr. Zhao Bin, Mr. Liu Jifu, Mr. Xue Zhiming.

And at the first meeting of Board of Executive Directors of the Ninth Term of Office, Mr. Qin Xiao was elected as Chairman, and Mr. Gao Yingxin, Mr. Chen Shulin, Mr. Xiong Weiping, Mr. Li Wenyue, Mr. Kong Qingping, Mr. Lin Fan, Mr. Liu Guoyuan, Mr. Wang Liaoping, Mr. Zang Qiutao, Mr. Yi Xiqun as Chairmen, and Mr. Lam Kwong Siu as Treasurer.

After the election, Mr. Zheng Kunsheng, Deputy Director of Liaison Office of the Central People’s Government in the HKSAR was invited to address the attendees.

The Board of Executive Directors

In 2006, the Association held 9 executive meetings to discuss important affairs in the Association.