Hong Kong: Gateway to GBA business opportunities

As part of the second largest economy in the world, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) with a population of 86 million is a new driver of Hong Kong’s economic development and an ideal springboard for international companies to enter the Mainland China market.

HKTDC will take its mega promotion campaign, Think Business, Think Hong Kong, to Paris on 19 September.

The Hong Kong Trade Development Council (HKTDC) will take its mega promotion campaign, Think Business, Think Hong Kong, to Paris on 19 September. The event will explore the current market landscape of the GBA and its interconnectivity with Mainland China.

Prominent business leaders will share their successes and insights on how French and European companies can capture the vast opportunities in the GBA by leveraging the Hong Kong platform. They include Mr Laurent Doucet, Vice President of the China Committee of The French Chamber of Commerce and Industry in Hong Kong and Partner of Roland Berger, Ir Andrew Young, Associate Director (Innovation) of Sino Group, Mr Nicolas Vanderchmitt, Partner and Head of Hong Kong Office of LPA-CGR Avocats, and Ms Delphine Lefay Dultzin, Co-Founder & CEO of OnTheList.

The GBA has emerged as a global hub for innovation, with rapidly evolving breakthroughs in finance and healthcare. Thematic sessions on these hot topics, including green finance and sustainability, will be held. Innovative global business leaders will share their insights, including representatives from the Hong Kong Science and Technology Parks Corporation, Hong Kong Monetary Authority, Moody’s Investors Service, Credit Agricole Corporate and Investment Bank, J.P. Morgan, Hong Kong Exchanges and Clearing Limited as well as start-ups.

At the event, Dr Peter K N Lam, HKTDC Chairman, Mr Paul Chan, Financial Secretary of the HKSAR, and Mr Olivier Becht, France’s Minister for Foreign Trade, Economic Attractiveness and French Nationals Abroad will deliver opening remarks at the symposium.

There will be extended networking activities, with Hong Kong SAR Government officials and business leaders from across sectors, including technology, finance and professional services, taking part in the programme. One-on-one business consultations, on-site business matching with French companies as well as the Hong Kong Dinner provide many opportunities for the business communities of France and Hong Kong to connect.

Strong France-Hong Kong ties

France is a close trading and investment partner to Hong Kong. In 2022, it was Hong Kong’s third largest trading partner within the EU. Regarding bilateral investment, France was the largest EU investor in Hong Kong at the end of 2021, with Hong Kong ranked as the fifth most popular destination for French investment in Asia. Hong Kong investors have also made substantial investments in France, with the city the third largest Asian investor in the country. In terms of commercial presence, France ranked just behind Germany among EU members in the number of companies established in Hong Kong. As of 2022, there were 365 French companies in Hong Kong.

Hong Kong an ideal business partner

Hong Kong has consistently ranked highest on economic freedom and competitiveness. Its institutional strengths, including the free trade and investment regimes, a simple and low tax system and free flow of capital and goods offer a favourable business environment for investors.

Beyond trade and finance, Hong Kong offers exciting prospects in innovation and technology (I&T) for French start-ups. Entry into or expansion in Mainland China as well as conducting joint research can help French enterprises further grow their business. With its aim to create an I&T new hub of 30,000 hectares, Hong Kong’s Northern Metropolis project also offers many opportunities, which will be highlighted at the symposium.

Hong Kong’s strategic location as an international financial, fundraising and investment hub and as the international gateway between Mainland China and the rest of the world presents immense opportunities for French companies seeking to expand in the GBA, Mainland China, Belt and Road countries and ASEAN.

For more information, visit:
https://thinkbusinessthinkhk.com/2023-paris/symposium/en/index.html

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries
HKTDC’s Communication & Public Affairs Department:
Snowy Chan, Tel.: +852 2584 4525, Email: snowy.sn.chan@hktdc.org


Topic: Press release summary

Gateway Recruiting Files Lawsuit Against Texas Fabco for Alleged Unpaid Invoices

 Gateway Recruiting, a Texas-based corporation specializing in professional employment recruiting and consulting services, filed a lawsuit against Texas Fabco on August 10 in response to alleged unpaid invoices totaling $152,366.55 that Texas Fabco, a Round Mountain, TX company, has failed to pay.

Texas Fabco is a Texas-based company specializing in oil field equipment, services, and environmental solutions.

In addition to the alleged breach of payment responsibilities, Gateway Recruiting will be seeking payment for all legal fees in relation to the lawsuit.

Carpenter Law attorney Kurt Carpenter represents Gateway Recruiting.

Filed in the District Court of Blanco County, Texas 33rd Judicial District.

Rachel Ward
830-359-0347

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Hong Kong – Speech by CE at “One Gateway Shared Vision – Hong Kong Special Administrative Region x Kingdom of Saudi Arabia” Gala Dinner (English only) (with photos/video)

Speech by CE at “One Gateway Shared Vision – Hong Kong Special Administrative Region x Kingdom of Saudi Arabia” Gala Dinner (English only) (with photos/video)

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     Following is the speech by the Chief Executive, Mr John Lee, at “One Gateway Shared Vision – Hong Kong Special Administrative Region x Kingdom of Saudi Arabia” Gala Dinner today (July 2):

Your Excellency Minister Alswaha (Minister of Communications and Information Technology of Saudi Arabia, Mr Abdullah Alswaha), distinguished guests, ladies and gentlemen,
 
     It is my great privilege to welcome, on behalf of the Hong Kong Special Administrative Region, His Excellency Abdullah Alswaha, Minister of Communications and Information Technology of the Kingdom of Saudi Arabia.
 
     I also warmly welcome the high-profile business delegation visiting Hong Kong from the Kingdom of Saudi Arabia.
 
     My first visit to Riyadh five months ago yielded rewarding achievements for our two economies. It also brought me a lot of memorable moments. Thank you, Your Excellency, you are a great friend.
 
     One of those moments was my attendance at the LEAP 2023 technology conference. There, I met with His Excellency for the first time. We talked about the tremendous opportunities of collaboration in innovation and technology between the two places. I felt a deep sense of warmth and friendship at the meeting in Riyadh.
 
     And now, less than five months later, His Excellency is here with us in Hong Kong, here to continue our communication, to strengthen our friendship, and to explore the expanding opportunities between our two economies – in business, investment and much more.
 
     This is indeed an opportune time for us to work together on furthering co-operation. Yesterday, we celebrated the 26th anniversary of the establishment of the Hong Kong Special Administrative Region (SAR) of the People’s Republic of China. That also marked the 26th anniversary of the successful implementation of the “one country, two systems” principle in Hong Kong.
 
     Under the auspices of “one country, two systems”, Hong Kong is bestowed with the unparalleled advantage of having the strong support of national strategies, while maintaining seamless connections with the world. It enables us to continue to be one of the world’s freest economies with a free flow of information and capital, buttressed by the rule of law. We champion free trade and collaboration, and are committed to promoting high-quality development. 
 
     From the outset, the current term of the Hong Kong SAR Government – now a year and a day running – has put a priority on revitalising our relations with Saudi Arabia – and the Middle East in general.
 
     That is why, in February, as I mentioned earlier, I led a high-level business delegation to Saudi Arabia. I wanted to see, first-hand, the large-scale infrastructure projects being implemented in Saudi Arabia under the Belt and Road Initiative, a key national strategy launched personally by President Xi Jinping ten years ago.
 
     I wanted, too, to better appreciate Vision 2030, Saudi Arabia’s dynamic blueprint for the future, designed to transform the country into a global economic powerhouse, one built on diversity, sustainability, innovation and technology.
 
     We have certainly come a good long way in the past five months. During our stay in Saudi Arabia, Hong Kong businesses and institutions signed six MOUs (memoranda of understanding) and letters of intent with Saudi organisations.
 
     Since then, a number of Hong Kong companies have followed up with Saudi businesses, exploring opportunities in such sectors as banking, investing and architecture.
 
     Saudi Arabia’s Future Investment Initiative Institute, or the FII Institute, which has been organising its very successful annual global gatherings in Riyadh, will host its first PRIORITY Asia Summit, right here in Hong Kong this December. I very much look forward to that and to its great success.
 
     There’s more, I’m pleased to say. eWTP Arabia Capital, in concert with the newly launched Saudi Arabia-China Entrepreneurs Association, is setting up an office in Hong Kong.
 
     More good news: Hong Kong’s annual Belt and Road Summit will celebrate the 10th anniversary of the Belt and Road Initiative in September. This year, the Summit will feature a dedicated Middle East Forum for the very first time. That will present manifold opportunities for Belt and Road companies and investors to talk business with their Saudi and Middle Eastern counterparts.
 
     Saudi Arabia’s Vision 2030 is built on innovation and technology (I&T). Hong Kong shares that vision. We released our I&T Development Blueprint six months ago. It outlines Hong Kong’s commitment to new industrialisation and our rise as an international I&T centre in the years ahead.
 
     The Blueprint charts Hong Kong’s I&T development in four broad directions. They include integrating into the overall development of our country and consolidating our role as a bridge connecting the Mainland and the world. 
 
     We are well on our way to doing just that. Our InnoHK Research Clusters at the Science Park, which is where we are now, target healthcare technologies, AI and robotics, and they encourage I&T cooperation on a global level.
 
     Hong Kong now boasts some 4 000 start-ups and over 10 unicorns. We ranked first in Asia, and second globally, among the top emerging start-up ecosystems in the Global Startup Ecosystem Report 2023.
 
     We are also boosting technology collaboration between Hong Kong and our fellow cities in the Greater Bay Area (GBA), the cluster-city development integrating Hong Kong, Macao and nine cities in Guangdong province. The Greater Bay Area unites some 86 million consumers and a GDP of about 1.7 trillion US Dollars.
 
     The GBA market presents boundless opportunities for tech companies, start-ups and talent. And I welcome our friends from Saudi Arabia and the Middle East to join us in building an innovative future, right here in Hong Kong.
 
     Ladies and gentlemen, I know you will enjoy this gala dinner with our great friends and partners from Saudi Arabia. I wish you all the best of business in the year ahead, a year that promotes growing co-operation between the economies, and the peoples, of Hong Kong and the Kingdom of Saudi Arabia. 
 
     Thank you very much.

The Gateway Family YMCA Hosts 122nd Annual Meeting

 The Gateway Family YMCA hosted their 122nd Annual Meeting on June 23, 2022. The Gateway Family YMCA has served the communities in Eastern Union County and Northern Middlesex County since 1900, and is headquartered in Elizabeth, NJ. The Annual Meeting, which serves as a celebration of the past year’s accomplishments and community impact, was hosted in a virtual format.

Despite the unprecedented challenges of the ongoing global coronavirus pandemic, The Gateway Family YMCA persevered to meet the needs of the community in 2021 including serving 1,060 children in YMCA child care programs, 1,124 children in youth swim lessons and 2,100 seniors in wellness and chronic disease management programs. At the end of his welcome, James Masterson stated, “A heartfelt thank you to each of you on our Board of Directors, and the dedication of our Senior Leadership Team.”

As part of the agenda, the Annual Membership and President’s Report was presented to those in attendance. “I am pleased to submit this annual report to The Gateway Family YMCA’s Board of Directors and membership on the 2021 accomplishments of the YMCA,” stated James Masterson, President, Board of Directors, The Gateway Family YMCA. “We are proud of our accomplishments, and look forward to the future”

YMCA programs and services highlighted in the Annual Meeting Report include Residential Housing, Child Care, Summer Camp, Youth Swim Lessons, Chronic Disease Management and Virtual WISE Community Services. The YMCA’s commitment to health equity, diversity and inclusion, and digital innovation were also mentioned.

“92% of members were extremely satisfied or satisfied with their Y experience in 2021, and 64% stated that our programs helped them feel socially connected.” stated Krystal R. Canady, CEO, The Gateway Family YMCA. “Our ability to support the community through virtual and in person programming allowed us to serve even the most vulnerable without pause.”

“Our Y is here to support the local community, always,” stated Melynda A. Mileski, EVP, Chief Operating Officer. “Thanks to the generosity of our members, volunteers and donors, we are able to provide food for those who are hungry, housing for those in need, a safe, nurturing space for kids to learn and grow, and outreach to seniors who are feeling isolated.”

The Gateway Family YMCA focuses on programs and services that empower young people, improve health and well-being and inspire action in and across communities. In 2021, WISE Community Services provided virtual WISE services, community support groups and innovative programs for 160 participants with Alzheimer’s Disease and their caregivers. YMCA Residential Housing provided 640 housing insecure individuals, families and veterans with supportive programming and shelter, and the YMCA provided 15,057 meals for those suffering from food insecurity.

“In 2021, we positively impacted over 13,100 members of the community through programs and services focused on youth development, healthy living and social responsibility,” stated Rodger D. Koerber, VP of Operations. “In fact, 90% of participants plan to continue healthy behavior changes after leaving our chronic disease programs.”

“Whenever our community is faced with a crisis – whenever we see a neighbor who needs support – the Y stands ready to help with open arms and caring hearts,” stated Colleen A. Clayton, Chief Membership & Development Officer. “We thank our donors, staff, volunteers and members for their support and commitment.”

The Y is the leading nonprofit committed to strengthening community by connecting people to their potential, purpose and each other. The Gateway Family YMCA is a 501(c)(3) non-profit, health and community service organization of caring staff and volunteers dedicated to strengthening community through Youth Development, Healthy Living and Social Responsibility. By bringing together people from different backgrounds, perspectives and generations, the Y ensures that everyone has access to the opportunities, relationships and resources necessary to learn, grow and thrive.

For more information about The Gateway Family YMCA, visit www.tgfymca.org or contact the Elizabeth Branch 908-355-9622, Five Points Branch 908-688-9622, Rahway Branch 732-388-0057, Wellness Center and WISE Center Branch 908-349-9622 or Youth Development Branch 908-355-3061.

The Gateway Family YMCA

Colleen Clayton

908-249-4811

www.tgfymca.org

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The Gateway Family YMCA Announces Free Community Membership

 The Gateway Family YMCA announced a new free Community Membership initiative, available to all individuals in the communities served in Eastern Union County and Northern Middlesex County, with registration available at www.tgfymca.org/join-the-Y.

“Everyone belongs at The Gateway Family YMCA,” stated Krystal R. Canady, CEO, The Gateway Family YMCA. “Our Y is excited to offer this innovative community initiative to intentionally meet the community health needs of our friends and neighbors. We are happy to welcome everyone to our Y family!”

Community Membership is an opportunity for everyone to participate in designated Y programs, special events and communications through a complimentary membership designed to provide access to all, while remaining connected to each other and the community. Community Membership includes a sample of both free and fee-based YMCA programs and special events, specifically cultivated with community health, chronic disease management and the YMCA mission in mind. More information is available at www.tgfymca.org/community-membership.

“At The Gateway Family YMCA, we have always stood by our mission, to be For All,” stated Melynda A. Mileski, EVP, Chief Operating Officer. “We feel the Community Membership initiative is a natural evolution of our commitment to increase reach, access and affordability for the programs, services and events that shape health equity within every community we serve.”

Since 1900, The Gateway Family YMCA has served the local community, focusing on programs and services that empower young people, improve health and well-being and inspire action in and across communities. With a focus on small group social opportunities, family activities and events, support for chronic disease management and volunteer opportunities, The Gateway Family YMCA’s Community Membership includes programs and activities such as Blood Pressure Self-Monitoring, Diabetes Education Management, Lifeguard and CPR Training, LiveSTRONG at the YMCA, Virtual WISE Community Services, Residential Housing Programs, Healthy Kids Day, Senior Health and Fitness Day, YMCA Member Socials and Community Open Houses.

“Community Membership provides another intentional outreach initiative, to ensure that we are providing support and connection for all,” stated Rodger D. Koerber, VP of Operations. “We work every day to ensure that everyone has the opportunity to live their healthiest life, assist individuals in overcoming barriers and improving access to health-promoting resources. With the Y, you will find countless opportunities to connect with your neighbors, give back to your community and be your best self.”

“We like to say that the Y isn’t a building. It’s people from all backgrounds and walks of life who come together to improve their lives, nurture their families and strengthen our community, together,” stated Colleen A. Clayton, Chief Membership & Development Officer. “Access for all is not a new concept to us. Our commitment to our community has always included financial assistance, which is directly supported by our Annual Campaign donors, ensuring that everyone has access to programs, services and membership.”

As part of the kick-off to the Community Membership initiative, The Gateway Family YMCA is celebrating a Find Your Summer Open House July 28-31 at Y branches in Elizabeth, Rahway and Union including family swimming and basketball, water exercise, and group exercise programs. This special event is free and open to the community. Additional details are available at www.tgfymca.org/events

The Y is the leading nonprofit committed to strengthening community by connecting people to their potential, purpose and each other. The Gateway Family YMCA is a 501(c)(3) non-profit, health and community service organization of caring staff and volunteers dedicated to strengthening community through Youth Development, Healthy Living and Social Responsibility. By bringing together people from different backgrounds, perspectives and generations, the Y ensures that everyone has access to the opportunities, relationships and resources necessary to learn, grow and thrive.

For more information about The Gateway Family YMCA, the Community Membership initiative or YMCA programs, visit www.tgfymca.org or contact the Elizabeth Branch 908-355-9622, Five Points Branch 908-688-9622, Rahway Branch 732-388-0057, Wellness Center and WISE Center Branch 908-349-9622 or Youth Development Branch 908-355-3061.

The Gateway Family YMCA

Colleen Clayton

908-249-4811

www.tgfymca.org

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