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< Back European Sourcing & Trading Business Council (ESTBC) The European Sourcing & Trading Business Council aims to bring together companies in the sourcing/trading industry that see an immediate need for more conducive and targeted policies. The Council believes that Trade is an important pillar of the Hong Kong economy and has been so over the last four decades, during which Hong Kong has played a big role in also developing the knowledge base in South China aligned to the Central Government vision. Main Objectives To strengthen Hong Kong-Mainland Synergy: Deepening economic integration in the Greater Bay Area and building on existing schemes like CEPA is vital to help companies utilise the cross-border business model to the fullest potential. To improve Talent Development: An organised HR strategy is critical in order to nurture the next generations of talent for the trading and logistics industry. To boost Tax and Regulatory Incentives: Tax policy should be aligned to the Government goals of increasing local spending and local employment opportunities. Tax and regulatory incentives are essential to secure the strong competitive advantages of Hong Kong as a sourcing hub. Large, medium and small enterprises from all business sectors and the European Member States throughout Hong Kong and Macao are welcome to join this Business Council. Contributors To play, press and hold the enter key. To stop, release the enter key.

< Back Singapore starts to reopen for travel, as ‘zero covid’ clips wings of rival Hong Kong The Washington Post 20 Aug 2021 In light of recent developments in the COVID-19 situation in Hong Kong, the Government has made sudden changes to quarantine requirements for residents flying into Hong Kong. On 19 August 2021, as The European Chamber of Commerce in Hong Kong, we felt it is our obligation to express our opinions in an open letter to the Hong Kong Government. Click here to view the full letter. In response to our open letter, several media outlets have published articles covering the content of our letter. HONG KONG — Asia's two most globalized cities faced a conundrum when the coronavirus pandemic hit. Among the first to close borders to nonresidents and impose draconian quarantine rules to keep people safe, the business hubs of Singapore and Hong Kong were suddenly cut off from the international connections that underpinned their success. In an open letter Thursday to Hong Kong leader Carrie Lam, Frederik Gollob, chairman of the European Chamber of Commerce in the city, said the quarantine rules are “out of proportion.” “We are of the view that Hong Kong must open itself sooner rather than later or this new quarantine regime could lead many in the international community to question if they want to remain indefinitely trapped in Hong Kong when the rest of the world is moving on,” he wrote. View Source Previous Next

< Back Autumn Sourcing Week 16 November 2020 Online While the COVID-19 outbreak continues to hamper global business activities, online sourcing has become the ultimate solution that makes trade transactions possible. Under the theme of ‘ A New Connected World Beyond the New Normal ‘. Autumn Sourcing Week once again offers a one-stop online sourcing platform for buyers and suppliers to continue explore more business opportunities across various industries including electronics, houseware, lighting, outdoor tech light, eco tech, gifts & premium, toys, baby products, stationery, optical as well as watch & clock, during these trying times. For more information, please visit their website . Previous Next

< Back The Voice of European Business in Hong Kong and China - How can we join forces? 22 October 2019 GCC Office Join the dialogue about the current position of European businesses in China and Hong Kong Meet the President of the European Union Chamber of Commerce in China (EUCCC), Mr. Joerg Wuttke, and the Chairman of the European Chamber of Commerce in Hong Kong (ECC), Mr. Davide De Rosa, and join the dialogue about the current position of European businesses in China and Hong Kong. What does it mean to be squeezed in between two economic giants waging a trade war? Is the EU perceived as an economic giant in its own right? Is there a recipe to represent European business interests as a whole, or do we need to limit ourselves to the smallest common denominator? What can we expect from the EU Commission and national governments, in particular from Germany’s presidency of the Council of the European Union in the second half of 2020? Is there a realistic chance for a comprehensive EU-China investment agreement? Lots of issues to be discussed! Note: This is a member-only event! In order to register, membership of any of our national European chamber members is required. Speakers: Mr. Joerg Wuttke, President, The European Union Chamber of Commerce in China Mr. Davide De Rosa, Chairman European Chamber of Commerce in Hong Kong Date and time: 23 October 2019, 8.30 AM – 10 AM Venue: GIC/GCC Office, 19/F, COFCO Tower, 262 Gloucester Road, Causeway Bay, Hong Kong Cost:HK$200 per person (Includes light breakfast) To register please fill out the Typeform . For further inquiries contact us . Once registration is confirmed via email by our team, please settle your payment. Previous Next

< Back European Union approves pandemic recovery plans for 12 countries The Standard 13 Jul 2021 European Union nations approved the pandemic recovery plans of the bloc’s four biggest economies and eight other member countries Tuesday, a move seen as a bellwether for an economic revival from the unprecedented recession caused by the coronavirus pandemic, AP reports. The approval will allow a dozen of the EU’s 27 members to start unlocking funds for the pre-financing of projects that are intended to put Europe on more solid economic footing while also making it greener and more digitally advanced. Read the full article here . Previous Next

< Back Portugal becomes first EU country to submit its pandemic recovery plan Euronews 22 Apr 2021 Portugal has become the first European Union country to submit its pandemic recovery plan to the European Commission. Last year, the 27 member states agreed to a €750bn package to help repair the economic and social damage caused by COVID-19. To receive funds, each country has to specify how it will spend the money from the so-called Recovery and Resilience Facility (RRF). “I welcome Portugal‘s recovery and resilience plan as the first one officially submitted to the Commission,” said European Commission President Ursula von der Leyen following receipt of the proposal. Read the full article here . Previous Next

< Back An interview for TVB Pearl Magazine with European Chamber of Commerce chairman Inaki Amate about Hong Kong and its place as an international hub. TVB Pearl 9 Oct 2023 An interview with European Chamber of Commerce chairman Inaki Amate about Hong Kong and its place as an international hub. He talks about the importance of keeping a diverse population, maintaining a standard of English and how the city needs to keep up with it's neighbors in the Greater Bay Area. View Source Previous Next

< Back Joint Business Community Budget Speech Webinar with the Financial Secretary Paul Chan 12 March 2021 Online Every year, the Hong Kong business community hosts a luncheon for hundreds of executives to hear the Financial Secretary elaborate on the details of his latest Budget The Honourable Paul MP Chan, Financial Secretary of HKSAR , will deliver his 2021-2022 Budget Speech to the Legislative Council on 24 February 2021. Every year, the Hong Kong business community hosts a luncheon for hundreds of executives to hear the Financial Secretary elaborate on the details of his latest Budget, this year the event will be held online on March 12th. Attendees will be able to hear Mr Chan discuss the Government’s plans to steer its fiscal policy and enhance Hong Kong’s competitiveness. Not least, he will also discuss measures to help Hong Kong businesses cope with the difficulties they are experiencing as the global economy struggles in the pandemic. This free webinar is for members only. Date: 12th March 2021 Time: 16:00 – 17:00 Fees: Free for Members Previous Next

< Back Domestic Helpers protest against discriminatory Covid rules RTHK 6 May 2021 A concern group for foreign domestic workers on Wednesday called on the government to withdraw its mandatory testing order for all helpers, as it also demanded an apology from Labour Secretary Law Chi-Kwong for his “discriminatory” remarks against migrant workers. Dolores Balladares from the Asian Migrants Coordinating Body said helpers are not opposed to getting tests, but it’s unfair for the government to order more than 370,000 of them to get tested by May 9 after one of them was infected by an unknown source. Find the full article here . Previous Next

< Back China can meet carbon neutrality goals – by phasing out coal plants SCMP 26 Mar 2021 China can achieve its goal to become carbon neutral by 2060 as long as it adopts a structured approach to reducing its dependence on coal for power, according to an American study Achieving the target would require an immediate halt to the construction of new coal-fired power plants, the prompt closure of existing, inefficient facilities and the gradual phasing out of all remaining plants, the study said.The research, which was published in the peer-reviewed journal Nature Communications on Tuesday, was led by a team from the Centre for Global Sustainability at the University of Maryland in the United States. SCMP Previous Next

< Back Content Manager Apply Now Spanish Job Type Full Time Workspace Hybrid About the Role This is placeholder text. To change this content, double-click on the element and click Change Content. Want to view and manage all your collections? Click on the Content Manager button in the Add panel on the left. Here, you can make changes to your content, add new fields, create dynamic pages and more. Your collection is already set up for you with fields and content. Add your own content or import it from a CSV file. Add fields for any type of content you want to display, such as rich text, images, and videos. Be sure to click Sync after making changes in a collection, so visitors can see your newest content on your live site. Requirements This is placeholder text. To change this content, double-click on the element and click Change Content. To manage all your collections, click on the Content Manager button in the Add panel on the left. This is placeholder text. To change this content, double-click on the element and click Change Content. To manage all your collections, click on the Content Manager button in the Add panel on the left. This is placeholder text. To change this content, double-click on the element and click Change Content. To manage all your collections, click on the Content Manager button in the Add panel on the left. This is placeholder text. To change this content, double-click on the element and click Change Content. To manage all your collections, click on the Content Manager button in the Add panel on the left. About the Company This is placeholder text. To change this content, double-click on the element and click Change Content. Want to view and manage all your collections? Click on the Content Manager button in the Add panel on the left. Here, you can make changes to your content, add new fields, create dynamic pages and more. You can create as many collections as you need. Your collection is already set up for you with fields and content. Add your own, or import content from a CSV file. Add fields for any type of content you want to display, such as rich text, images, videos and more. You can also collect and store information from your site visitors using input elements like custom forms and fields. Be sure to click Sync after making changes in a collection, so visitors can see your newest content on your live site. Preview your site to check that all your elements are displaying content from the right collection fields. Apply Now

< Back The Implications of War in Ukraine on Asian Businesses and Economies 13 April 2022 Online via Zoom The panel discussion will cover the possible knock-on effects on Asian economies resulting from the Ukraine war and Russia sanctions, and consider how the businesses and economies might have to adapt given the new environment. What are the direct effects of war on Asia's economies? What are the short-term and long-term effects on the prices of hydrocarbons and agricultural commodities? Can sanctions against Russia have unintended knock-on effects to Asian economies? How should businesses in Asia adjust? Why do the corporate firms boycott Russia's market and what could that mean for Asia? Can global trade relationships change as a result of war and sanctions? ​ The event is co-organized with Lithuanian Professionals in Asia network. Alminas Žaldokas, Associate Professor of Finance and Lee Heng Fellow at The Hong Kong University of Science and Technology, will moderate this event. Ticket Price European National Chambers Members | Members and friends of Lithuanian Professionals in Asia: Free Non-Members: 200 HKD Albert Park is Chief Economist of the Asian Development Bank (ADB) and Director General of its Economic Research and Regional Cooperation Department. He is chief spokesperson on economic and development trends and leads the production of ADB’s flagship knowledge products and support for regional cooperation fora. Mr. Park has more than 2 decades of experience as a development economist. A well-known expert on the economy of the People’s Republic of China, he has directed a number of large-scale research projects in the country. He has also served as an international consultant for the World Bank and a steering committee member for the Asia-Pacific Research Universities’ Population Ageing Hub. Alicia García Herrero is the Chief Economist for Asia Pacific at Natixis. She also serves as Senior Fellow at the Brussels-based European think-tank BRUEGEL and a non-resident Senior Follow at the East Asian Institute (EAI) of the National University Singapore (NUS). Alicia is also Adjunct Professor at the Hong Kong University of Science and Technology. Finally, Alicia is a Member of the Council of Advisors on Economic Affairs to the Spanish Government and an advisor to the Hong Kong Monetary Authority’s research arm (HKIMR) among other advisory and teaching positions. Professor Bernard Yeung is the Stephen Riady Distinguished Professor in Finance and Strategic Management at the National University of Singapore Business School. He is also the President of the Asian Bureau of Finance and Economic Research. He was Dean of NUS Business School from June 2008 to May 2019. Before joining NUS, he was the Abraham Krasnoff Professor in Global Business, Economics, and Management at New York University (NYU) Stern School of Business and the Director of the NYU China House. From 1988 to 1999, he taught at the University of Michigan and at the University of Alberta from 1983 to 1988. Paulius Kuncinas is Covalis’ Chief Economist in charge of European and global macro coverage including green deal policy plans and the recovery fund. As a trained development economist with 15 years of experience in emerging markets, Paulius joined the Covalis team as a consultant in 2009 to analyse the euro debt crisis in Greece. Paulius is part of the European Commission’s Sustainable Finance working group as a delegated member. Prior to joining Covalis, Paulius was a Regional Editor at Oxford Business Group in charge of annual country reports for investors in emerging markets in Asia, the Middle East and Eastern Europe. Previous Next