Hong Kong – DCS begins visit programme in Guangzhou (with photos/videos)

DCS begins visit programme in Guangzhou (with photos/videos)

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     The Deputy Chief Secretary for Administration, Mr Cheuk Wing-hing, arrived in Guangzhou this afternoon (September 12) to start his visit programme.
 
     Mr Cheuk first met with Deputy Director of the Hong Kong and Macao Affairs Office (HKMAO) of the State Council Mr Wang Linggui and Vice-Governor of the People’s Government of Guangdong Province Ms Feng Ling to exchange views on deepening the co-operation between Guangdong and Hong Kong, and promoting the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
 
     Witnessed by Mr Wang, Ms Feng and Mr Cheuk, the Secretary for the Civil Service, Mrs Ingrid Yeung, and the Director General of the HKMAO of the People’s Government of Guangdong Province, Ms Li Huanchun, signed the Agreement on Civil Service Staff Exchange and Collaboration Programme with the Mainland Municipalities in the Guangdong-Hong Kong-Macao Greater Bay Area to deepen exchanges between civil servants of both places in different fields and support the high-quality development of the GBA. Mr Cheuk said that this Civil Service Staff Exchange Programme, jointly-organised with Mainland cities of the GBA, is the first civil servant exchange programme since the full resumption of normal travel between Hong Kong and the Mainland. The programme provides in-depth exchange opportunities for civil servants from both places to broaden their horizons and promote mutual understanding between the Hong Kong Special Administrative Region (HKSAR) Government and the governments of GBA Mainland cities.
 
     In the evening, Mr Cheuk attended the opening ceremony of the third GBA Culture and Arts Festival at Guangdong Friendship Theatre. In his speech, Mr Cheuk said that this year’s GBA Culture and Arts Festival is significant as it is the first large-scale cultural event jointly organised by Guangdong, Hong Kong and Macao after the full resumption of normal travel between the Mainland and Hong Kong. Since the organisation of the festival in 2019, the cultural departments of the GBA have been promoting arts and culture exchanges and collaborations through a wide range of exhibitions and performances, advocating Lingnan culture and Chinese culture.
 
     Mr Cheuk added that the HKSAR Government is formulating at full speed a Blueprint for Arts and Culture and Creative Industries Development to enhance the ecosystem for the industries, and that the Government is fully committed to developing Hong Kong into an East-meets-West centre for international cultural exchange with support from the National 14th Five-Year Plan. He stressed that the HKSAR Government attaches great importance to arts and cultural exchanges and interaction with cities in the GBA. The HKSAR Government will host the fourth GBA Culture and Arts Festival next year and is eagerly looking forward to working with cities in the GBA to present a rich array of cultural and artistic projects, enhance the cultural soft power of the GBA and achieve the goal of jointly developing a cultured bay area.
 
     Mr Cheuk will continue his visit to Guangzhou tomorrow (September 13) and head to Macao in the afternoon to attend the Welcome Banquet of the Business Conference on GBA Development before returning to Hong Kong.

Hong Kong – SEE begins visit to three cities in Greater Bay Area (with photos)

SEE begins visit to three cities in Greater Bay Area (with photos)

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     ​The Secretary for Environment and Ecology, Mr Tse Chin-wan, together with the Legislative Council Panel on Environmental Affairs, today (August 7) began a duty visit to three cities in the Greater Bay Area.

     The delegation first visited the Department of Ecology and Environment of Guangdong Province and met with representatives on work related to ecological conservation, environmental pollution prevention, combating climate change, etc, with a view to deepening the exchanges and co-operation between the two places on environmental issues.

     In the afternoon, the delegation visited the Yanling new energy eco-industrial park and Guangzhou public transport command center of the Guangzhou Public Transport Group. They received a briefing from a representative on the operation of electric public transport and electric taxis, as well as their charging facilities, and thus learned about Guangzhou’s experiences and practices for the purpose of promoting the development of green public transport in Hong Kong.

     Mr Tse pointed out that transportation accounts for about 20 per cent of Hong Kong’s total carbon emissions, and the development of green and low-carbon transport is crucial to achieving carbon neutrality. The Government has announced the Hong Kong Roadmap on Popularisation of Electric Vehicles, the Clean Air Plan for Hong Kong 2035, and Hong Kong’s Climate Action Plan 2050 successively. These initiatives cover policy directions and future targets in various areas promoting the adoption of new energy transport technologies so as to guide Hong Kong towards zero vehicular emissions before 2050.

     Mr Tse and the delegation will continue their visit to the Greater Bay Area tomorrow (August 8), including visits to the Nanhai Hydrogen Center and hydrogen fuel cell tram in Gaoming district in Foshan, and the exhibition hall of Huawei Digital Power AntoHill Headquarters in Shenzhen.

DENSO Begins Business Transfer Negotiations for Selected Product Operations

DENSO Corporation today announced that it has concluded a memorandum of understanding (“MOU”) on starting negotiations for the transfer of selected internal combustion engine parts operations to Niterra Co., Ltd. The two parties reached a decision to sign the MOU during a board of directors meeting on July 10, 2023.

In the process of achieving carbon neutrality, electrification is picking up pace throughout the auto industry. At the same time, the auto industry is working to further evolve internal combustion engines, taking into account differences in energy situations and fuels used in each region and country. Under these circumstances, the automotive parts industry is expected to work to develop products for electric vehicles, while at the same time maintaining the competitiveness of the industry as a whole through various means including promoting business integration for products for internal combustion whose market is expected to shrink in the future. We will continue to meet the needs and expectations of our customers around the world and also we are expected to contribute to the realization of carbon neutrality.

In view of all these factors, DENSO has concluded MOU to transfer business operations for its Spark Plug and Exhaust Gas Sensor products (Oxygen Sensor and Air-Fuel Ratio Sensor) to Niterra Co., Ltd.

Niterra Co., Ltd. boasts some of the world’s leading technologies in its field, and by transferring operations related to these core internal-combustion-engine products to them, DENSO aims to enhance the product appeal of internal combustion engines parts by combing technologies and manufacturing capabilities. In addition, DENSO will accelerate the development of products for electric vehicles in preparation for the full-scale of electrification, and will also work on the development of energy management systems which will become increasingly important for electric vehicles. Through these efforts, DENSO will be able to offer products that are appealing to customers in terms of both performance and price in the entire automotive market, including internal combustion engines and electric vehicles, and contribute to the early realization of a carbon-neutral society.

Overview of the MOU:

DENSO and Niterra Co., Ltd. will begin deliberations aimed at a business transfer of domestic and international development, manufacturing, and sales functions for Spark Plug and Exhaust Gas Sensor products (Oxygen Sensor and Air-Fuel Ratio Sensor), which are part of DENSO’s internal combustion engines parts, to Niterra Co., Ltd.

Based on this MOU, both parties will proceed with discussions and negotiations toward finalizing the business transfer contract. The transfer will take place only after official approval has been obtained from competition law authorities in all countries and regions concerned, and after fulfilling all other requirements.


Topic: Press release summary

Hong Kong – CE begins visit programme in United Arab Emirates (with photos/videos)

CE begins visit programme in United Arab Emirates (with photos/videos)

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     The Chief Executive, Mr John Lee, started his visit programme in Abu Dhabi, the United Arab Emirates (UAE) on February 7 (Abu Dhabi time).

     The delegation led by Mr Lee attended Abu Dhabi-Hong Kong Business Forum and networking luncheon hosted by the Abu Dhabi Chamber of Commerce and Industry to exchange views on fostering co-operation between the industrial and commercial sectors in Hong Kong and the UAE. Speaking at the forum, Mr Lee noted that the UAE is Hong Kong’s largest trading partner in the Middle East, and that Hong Kong will capitalise on its advantages as an international financial centre and the world’s largest offshore Renminbi business hub to facilitate the UAE’s active participation in the Belt and Road Initiative.

     Mr Lee and the First Vice Chairman of the Abu Dhabi Chamber of Commerce and Industry, Dr Ali Saeed Bin Harmal Aldhaheri, witnessed the exchanges of Memorandum of Understanding between the Abu Dhabi Chamber of Commerce and Industry and the Federation of Hong Kong Industries and the Hong Kong Trade Development Council respectively, which promoted further co-operation between the two places on industry, commerce and trade.

     The delegation led by Mr Lee then visited an Abu Dhabi enterprise, Aldar Properties PJSC to learn more about the real estate development and investment there. They also visited the UAE’s sovereign wealth fund, Mubadala Investment Company and met with its Managing Director and Group Chief Executive Officer, Mr Khaldoon Khalifa Al Mubarak, to introduce Hong Kong’s distinctive advantage under the “one country, two systems” in enjoying strong support of the motherland and being closely connected to the world, and discuss the collaboration opportunities with Hong Kong enterprises.

     Mr Lee then met with the Chief Executive Officer of a local tech firm G42, Mr Xiao Peng, to introduce the enormous business opportunities in Hong Kong and to invite the company to grasp investment opportunities in the city.

     Mr Lee later had a meeting with the Managing Director of the Abu Dhabi Investment Authority, Mr Sheikh Hamed bin Zayed Al Nahyan, who is a member of the ruling family in the Emirate of Abu Dhabi, and deliberated on issues of mutual interest on economic co-operation.

     In the evening, the delegation led by Mr Lee attended a welcoming dinner hosted by the Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the UAE, Mr Zhang Yiming. Mr Lee expressed his gratitude to the Embassy for its staunch support to the HKSAR Government and the Hong Kong Economic and Trade Office in Dubai, and making detailed arrangements for the visit.

     Mr Lee will continue his visit in Abu Dhabi, the UAE today (February 8, Abu Dhabi time), and will depart for Dubai, the UAE later on.

Hong Kong – CE begins visit programme in Bangkok, Thailand (with photos/videos)

CE begins visit programme in Bangkok, Thailand (with photos/videos)

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     ​The Chief Executive, Mr John Lee, started his visit programme in Bangkok, Thailand, today (November 17) to attend related activities of the Asia-Pacific Economic Cooperation (APEC).


      


     Upon arrival, Mr Lee met with the Prime Minister of Thailand, Mr Prayut Chan-o-cha. He expressed gratitude to Thailand for its leadership in resuming physical meetings in APEC at all levels this year. Noting that Hong Kong has been actively seeking to join the Regional Comprehensive Economic Partnership (RCEP), and had formally lodged the accession request this January, Mr Lee appealed for Thailand’s support. He pointed out that Hong Kong can make contributions to achieving mutual benefits among RCEP economies through Hong Kong’s free and open trade as well as its status as an international financial centre.


      


     Mr Lee added that Hong Kong is now back on the global stage and he looked forward to many more high-level official exchanges between Hong Kong and Thailand to reinforce bilateral trade, investment and cultural ties.


      


     Later at the Suvarnabhumi International Airport in Bangkok, Mr Lee welcomed President Xi Jinping, who arrived to attend the APEC Economic Leaders’ Meeting and visit Thailand. He also met the Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Kingdom of Thailand, Mr Han Zhiqiang, and chatted with representatives of the Thai-Chinese Chamber of Commerce.


      


     In the evening, Mr Lee, accompanied by the Secretary for Commerce and Economic Development, Mr Algernon Yau, attended a Gala Dinner hosted by the organiser for participating leaders, and watched cultural performances.


      


     Mr Lee will attend the APEC Economic Leaders’ Meeting and other related meetings tomorrow (November 18).