Welcome!

News Feed Item

Redoubling Cooperation at Hong Kong Dinner in London

UK Trade Minister Lord Green Says Best Opportunities "Yet to Come"

Hong Kong, Nov 15, 2012 - (ACN Newswire) - Great Britain and Hong Kong have a historic opportunity to develop bilateral trade, according to Lord Green of Hurstpierpoint in his speech last night at the annual Hong Kong Dinner in London.

"It's true about the UK-Hong Kong relationship: it goes back a long way, it's very broad, it's very deep, but - to use a quotation from President Obama - I do believe the best is yet to come," said Lord Green, the UK Minister of State for Trade & Investment.

"Enormous" Opportunities

"The opportunities are enormous across the scale of British economic activity," he said. "I almost cannot think of a single British company that ought not to be looking at the Hong Kong opportunity. The number of enquiries from British companies looking at Hong Kong is at historically high levels at the moment. This is partly due to the enormously successful Think Asia, Think Hong Kong event," he said, referring to the September 2011 promotion organised by the Hong Kong Trade Development Council (HKTDC).

Celebrating its 29th anniversary under the theme "Redoubling Cooperation," the dinner was hosted by HKTDC Chairman Jack So. Hong Kong Chief Secretary Carrie Lam delivered a keynote address outlining plans for Hong Kong's economic development.

Predicting Prosperity

Prior to the dinner, UK Chancellor of the Exchequer George Osborne addressed guests at a cocktail reception, where he said that the rise of the Asian economies will bring prosperity to millions of people around the world.

"Of course, this will bring challenges for Western economies, as we adjust to shifts in economic growth and power," said Mr Osborne. "But I see globalisation not as a threat, but as an opportunity for the UK. By working together, the East and West can build a more balanced and sustainable global economy, bringing greater prosperity to all our citizens. As two of the world's most open economies, let us in Britain and Hong Kong show how it can be done."

Mr Osborne also said the best illustration of mutually beneficial cooperation could be found in the January launch of the Hong Kong-London Forum, designed to promote cooperation in the development of the international renminbi business.

"As two of the world's leading financial centres, Hong Kong and London are natural partners in this endeavour with London adding new corporate users of the renminbi, new investors and intermediaries, and an extended time zone to Hong Kong's offer," he said. The renminbi Forum first met in May 2012, and a second meeting is set to take place in London next month.

The Hong Kong Dinner in London also welcomed more than 350 business leaders and senior government officials from the UK and Hong Kong.

Guests included Andrew Beeson, Chairman of Schroders plc; Sir David Brewer, Chairman of the China-Britain Business Council; Dr Raymond Ch'ien, Chairman of the MTR Corporation; Lord Clement-Jones of Clapham, London Managing Partner, DLA Piper UK LLP; Minister Counsellor Cong Peiwu, Embassy of the People's Republic of China; Sir Vernon Ellis, Chair, British Council; Lord Howe of Aberavon, President, Great Britain-China Centre; Sir Henry Keswick, Chairman, Jardine Matheson Holdings Ltd; Lady Keswick, Deputy Chairman, Centre for Policy Studies; Lord Paul of Marylebone, Chairman, Caparo Group plc; Lord Powell of Bayswater, Co-Chairman, Asia Task Force; Sir Adrian Swire, Honourary President, John Swire & Sons Ltd; Caroline Wilson, British Consul-General to Hong Kong and Macao; and Lord Wilson of Tillyorn, Honourary President of the Hong Kong Association.

About HKTDC

A statutory body established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. With more than 40 global offices, including 11 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and throughout Asia. The HKTDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and on the mainland, while providing information via trade publications, research reports and online. For more information, please visit: www.hktdc.com . Follow us on Twitter @HKTDC.

Source: HKTDC

Contact:
HKTDC
Corporate Communication Department
Joe Kainz
Tel: +852 2584 4216
Email: [email protected]




Copyright 2012 ACN Newswire. All rights reserved.

More Stories By ACN Newswire

Copyright 2008 ACN Newswire. All rights reserved. Republication or redistribution of ACN Newswire content is expressly prohibited without the prior written consent of ACN Newswire. ACN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, will discuss how from store operations...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: imple...
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, will discuss how by using...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
Transforming cloud-based data into a reportable format can be a very expensive, time-intensive and complex operation. As a SaaS platform with more than 30 million global users, Cornerstone OnDemand’s challenge was to create a scalable solution that would improve the time it took customers to access their user data. Our Real-Time Data Warehouse (RTDW) process vastly reduced data time-to-availability from 24 hours to just 10 minutes. In his session at 21st Cloud Expo, Mark Goldin, Chief Technolo...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
SYS-CON Events announced today that CAST Software will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CAST was founded more than 25 years ago to make the invisible visible. Built around the idea that even the best analytics on the market still leave blind spots for technical teams looking to deliver better software and prevent outages, CAST provides the software intelligence that matter ...
SYS-CON Events announced today that Daiya Industry will exhibit at the Japanese Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ruby Development Inc. builds new services in short period of time and provides a continuous support of those services based on Ruby on Rails. For more information, please visit https://github.com/RubyDevInc.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
Is advanced scheduling in Kubernetes achievable? Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, will answer these questions and demonstrate techniques for implementing advanced scheduling. For example, using spot instances ...
As businesses evolve, they need technology that is simple to help them succeed today and flexible enough to help them build for tomorrow. Chrome is fit for the workplace of the future — providing a secure, consistent user experience across a range of devices that can be used anywhere. In her session at 21st Cloud Expo, Vidya Nagarajan, a Senior Product Manager at Google, will take a look at various options as to how ChromeOS can be leveraged to interact with people on the devices, and formats th...
First generation hyperconverged solutions have taken the data center by storm, rapidly proliferating in pockets everywhere to provide further consolidation of floor space and workloads. These first generation solutions are not without challenges, however. In his session at 21st Cloud Expo, Wes Talbert, a Principal Architect and results-driven enterprise sales leader at NetApp, will discuss how the HCI solution of tomorrow will integrate with the public cloud to deliver a quality hybrid cloud e...
SYS-CON Events announced today that Yuasa System will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Yuasa System is introducing a multi-purpose endurance testing system for flexible displays, OLED devices, flexible substrates, flat cables, and films in smartphones, wearables, automobiles, and healthcare.