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    Industries Advancement Hand in Hand with Hong Kong

    I am very grateful for the trust and support from the General Committee (GC) in electing me as the 2017-19 Chairman of the Federation of Hong Kong Industries (FHKI). I would also like to express my sincere thanks to the outgoing Chairman Prof Daniel M Cheng and GC, all members and the Secretariat for their dedication and hard work in promoting sustainable development of Hong Kong industries and achieving fruitful results over the past two years.

    Apart from continuing the major tasks set forth by the last GC, including facilitating transformation and upgrading, promoting environmental industries and supporting startups, I would like to highlight the following work focus for the next two years.

    Promoting Innovation and Technology and Re-industrialisation

    Ever since the 2008 global financial crisis, many economies in the EU and Americas have been actively searching for new growth points, with re-industrialisation being labeled as a major development strategy. 

    The FHKI has been advocating Hong Kong to develop innovation and technology in order to promote re-industrialisation. This will facilitate high-value manufacturing which in turn will fuel economic growth and create premium job opportunities.

    To achieve this, Hong Kong should make best use of our industry’s world-class manufacturing base in the Pearl River Delta and global buying and selling network, together with the renowned “Made in Hong Kong” brand image, so that the manufacturing sector may achieve sustainable growth. The HKSAR Government should pledge its support in the areas of land, technology, funding and manpower. In April this year, several of FHKI’s representatives have been appointed to sit on the Committee on Innovation, Technology and Re-industrialisation. We will continue to voice the industries’ suggestions and views through this channel.

    We are about to conduct a survey on members to collect data and information on their research and development (R&D) related activities so as to understand more on their R&D direction, capabilities and demand for technology and talents, in a bid to helping enterprises in upgrading and transformation. We are also considering to setup a platform for business matching purposes between startups and appropriate enterprises.

    Promoting B2B and B2C Business Opportunities

    The FHKI has ample experiences in organising and participating in trade shows and exhibitions. Apart from assisting our members of 32 industry groups in identifying the right trade shows, we will also work closely with other organisations in promoting e-commerce and tapping into the Mainland market through such platforms.

    To this end, our resources will be focused on the Mainland, in particular exploring relevant trade shows, exhibitions and other sales channels in the Guangdong Province. We will also assist our members to expand their business opportunities through crossover collaborations with design and creative industries.

    Embracing the Business Opportunities Brought by the Belt and Road and Guangdong-Hong Kong-Macau Bay Area Development Strategies

    The Central Government is actively promoting the Belt and Road Initiative and the Bay Area development strategy, which will present new opportunities for Hong Kong industries in expanding domestic sales and markets along the Belt and Road. The FHKI is determined to work with these national strategies. Apart from organising relevant promotional events, we will also submit our suggestions to the Government.

    For enhancing communication between Hong Kong industries and the international community, the FHKI has established the International Affairs Committee in late 2016. The Committee will explore potential markets and investment destinations along the Belt and Road and organise related events.

    Along with my deputies, namely Prof Eric Yim, Dr Daniel Yip, Dr Jack Yeung, Dr Sunny Chai and Sunny Tan, I look forward to carrying on with FHKI’s mission, and working with all the players to lead the industries to advance hand in hand with Hong Kong!

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