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Wise Business Summit 2014 explores new economic landscape and business opportunities

 

Senior government officials, prominent industrialists and business leaders gathered at today’s Wise Business Summit 2014 to share their insights in global economic trends, as well as challenges and opportunities in the evolving business landscape. More than 500 businesses and entrepreneurs from different sectors and industries attended the event.
 
The Summit was sponsored by HSBC Commercial Banking and jointly organised by the Hong Kong Productivity Council (HKPC) and now Business News Channel.  Mr John Tsang, the Financial Secretary of the Government of the HKSAR, attended the event as an officiating guest. 
 
Mr Albert Chan, HSBC’s Head of Commercial Banking Hong Kong, said: “Asia’s middle-class population is emerging faster amid continued economic growth and urbanisation in the region, presenting great business opportunities to companies targeting this market. Meanwhile, e-commerce thrives further to have become a channel that sellers can hardly disregard, when the increasing popularity of social media keeps changing customers' online behaviours. Enterprises in Hong Kong shall therefore work to sharpen their competitive advantages through embracing new ideas, new channels, new technologies and new products. As the world’s economy continues evolving, local companies should also equip themselves with sound risk management and opt for an international footprint for new markets access.”
 
Mr Clement Chen, Chairman of HKPC, said: “While the gradually improving EU and US economies have brought new business opportunities, there are warning signals from various studies on the shrinking competitiveness of Hong Kong. It is of utmost importance for Hong Kong enterprises to maintain and sharpen their competitive edge, in addition to strategically addressing the changing global economic landscape. HKPC will further enhance support to local enterprises, leveraging advanced technology and innovation, to develop value-adding products and services for sustainable growth.”
 
The theme of Wise Business Summit 2014 was “New Economic Landscape, New Business Opportunities". Speakers from local small to medium-sized enterprises (SMEs) shared their success stories on how new sales channels, new customer segments, new technologies and new products can be leveraged to help tackle challenges in the ever-changing business environment. 
 
Launched in 2010, Wise Business is a year-round integrated programme designed to support SMEs in Hong Kong with professional expertise and market insights on running their businesses.  This programme aims to provide SMEs with market updates, advice from industry leaders and professionals through a multi-dimensional platform, including a TV series and TV infomercial, print editorial series, the SME Summit, seminars and free consultancy services.  
 
Panelists and speakers at today’s summit included:
 
  • Mr Clement Chen Chairman, Hong Kong Productivity Council
  • Mr George Leung Advisor, Asia-Pacific, HSBC
  • Mr Stanley Lau Chairman, Federation of Hong Kong Industries
  • Dr Thomas Chan Head of Chinese Business Centre, Hong Kong Polytechnic University
  • Mr Paul So Chairman, Sweda Group 
  • Ms Emily Cheung Executive Director, Tsuen Lee Group (Holdings) Limited
  • Mrs Veronica Fung Executive Director, Star Industrial Company Limited
  • Ms Juliana Lam Director, AML Group Holdings Limited
(in no particular order)
 
* * *
 
3 June 2014
 
Mr John Tsang, the Financial Secretary of the Government of the HKSAR (front row, third from left), Mr Clement Chen, Chairman of HKPC (front row, third from right) and Mrs Agnes Mak, Executive Director of HKPC (front row, first from left) attended Wise Business Summit 2014.
 
Mr John Tsang, the Financial Secretary of the Government of the HKSAR (front row, third from left), Mr Clement Chen, Chairman of HKPC (front row, third from right) and Mrs Agnes Mak, Executive Director of HKPC (front row, first from left) attended Wise Business Summit 2014.
 
 
Source: The Hongkong and Shanghai Banking Corporation Limited Press Release