Mr John KC Lee, GBM, SBS, PDSM, PMSM Chief Executive Chief Executive’s Office Tamar, Hong Kong Email: ceo@ceo.gov.hk 9 August 2024
Dear Chief Executive, HONG KONG – ASIA’S WORLD CITY The British Chamber of Commerce in Hong Kong (“the Chamber”) has a long history of constructive engagement with the Government. In doing so it sticks to business, contributes to policy; and stays out of politics. As the new Chairman, I want to work hard to maintain that tradition. Whilst Hong Kong has weathered many storms in recent years and that has impacted the way in which the City is perceived at home as well as abroad, the Chamber has always been very determined to help improve perceptions and promote the strengths of this vibrant city as Hong Kong is the home to many of the Chamber’s members who live, work, study and play here. The Chief Executive’s Annual Policy Address provides a great opportunity for our members to discuss and debate things that matter to their businesses and what will help Hong Kong thrive in an increasingly competitive and uncertain world. Our Policy Address Submission this year covers a broad range of policy proposals, and we welcome the opportunity to engage with your Policy Unit as we develop our thoughts/ ideas further. The Chamber’s focus for this submission are policy areas where we can take action to promote and reclaim Hong Kong’s competitive position as: A Leading International Trade and Financial Centre: To excel in global trade and investment, countries need to create and maintain a hub that is both trustworthy and attractive to investors and trading enterprises with rule of law. That hub in China is Hong Kong. We believe that being the best and largest sustainable finance hub in Asia will support Hong Kong’s goal of continuing to lead as an international trade and financial centre. The Superconnector between China and the World: We encourage the Government to raise Hong Kong’s profile as an international insurance centre and Sustainable Finance Hub. We also suggest that Hong Kong’s position in the Greater Bay Area (GBA) should be strengthened further by pushing Page 1