Economic and Trade Cooperation Zones Along Belt and Road Workshop Series (一帶一路海外工業園區工作坊)
A Professional Services Advancement Support Scheme (PASS) funded by The Commerce and Economic Development Bureau, HKSAR Government [PS194008]
Duration: 18 months [from October 2020 to April 2022]
The workshop series primarily aims at enhancing the understanding of Hong Kong professional services on sustainable economic development of Hong Kong through understanding Economic and Trade Cooperation Zones (ETCZs) along the Belt and Road (B&R) countries. Furthermore, it attempts to deepen the understanding of key stakeholders of ETCZs on the competitive edges of Hong Kong professional services and business sectors, as well as to explore potential development opportunities via exchange of ideas and sharing of analyses.
The workshop series is comprised of an Opening Symposium, 6 training workshops and a Closing Forum. The target beneficiaries include accounting-related services, legal services and business consultancy services (including human resource management consultancy services; management consultancy services; financial consultancy services, etc.).
The Research Centre for Sustainable Hong Kong (CSHK) of City University of Hong Kong is funded by the ‘Professional Services Advancement Support Scheme’ (PASS) of the Commerce and Economic Development Bureau, HKSAR Government to conduct a Project entitled ‘Advancing Professional Development on Economic and Trade Cooperation Zones Along Belt and Road’, with the objectives to enhance the understanding of Hong Kong professional services on Economic and Trade Cooperation Zones (ETCZs) along the Belt and Road countries, deepen the understanding of key stakeholders of ETCZs on the competitive edges of Hong Kong professional services and business sectors; and explore potential development opportunities via exchange of ideas and sharing of analyses.
From January 2021 to March 2022, the Project will organize 6 professional workshops and 2 symposia (opening and closing), inviting zone operators, local enterprises, professional service leaders, expert scholars and government officials as speakers to conduct comprehensive and in-depth sharing on opportunities, challenges and experiences of overseas development in 7 countries (Cambodia, Sri Lanka, Vietnam, Myanmar, Malaysia, Djibouti and Belarus) and their respective ETCZs.
|February 2021||Professional Training Workshop 1 – Cambodia|
|April 2021||Professional Training Workshop 2 – Sri Lanka|
|June 2021||Professional Training Workshop 3 – Vietnam|
|August 2021||Professional Training Workshop 4 – Myanmar|
|October 2021||Professional Training Workshop 5 – Malaysia|
|December 2021||Professional Training Workshop 6 – Belarus & Djibouti|
|March 2022||Closing Forum|
The activities are all free-of-charge, and they will mainly be conducted in English to project a global orientation and facilitate participation of overseas stakeholders. Each participant will get a training pack containing country information and analysis for each professional training workshop. Investment / enterprises representatives, representatives from professional service sector, scholars and students who are interested in understanding more about ETCZs are welcome to participate and interact to discover more opportunities for collaboration.
The Project is supported and collaborated by a number of professional bodies and business chambers in Hong Kong, including Certified Management Accountants, Australia (Hong Kong Branch), Hong Kong Chinese General Chamber of Commerce (CGCC), Hong Kong General Chamber of Commerce (HKGCC), Hong Kong Institute of Certified Public Accountants (HKICPA), Law Society of Hong Kong and The Society of Chinese Accountants and Auditors (SCAA) (names listed in alphabetical order). We thank Golden Resources Group and Red Circle Company Limited for sponsoring the Project generously.
Prof Linda Chelan Li, Professor at Department of Public Policy and Director of CSHK, is Project Co-ordinator and Prof Phyllis Lai Lan Mo, Professor at Department of Accountancy, is Deputy Project Co-ordinator. Project team members include Dr Linda Yin-nor Tjia, Assistant Professor at Department of Asian and International Studies and Dr Wilson Chan, Adjunct Professor at College of Business.
Professor Linda Li teaches and researches on Chinese government reforms and policy. She has published extensively on good governance, central-local relations, public finance and sustainable development. She is the Director of CSHK which focuses on cross-disciplinary applied research with real-life impacts, and has led a recently completed Strategic Public Policy Research project on the contributions of Hong Kong professional services sectors to the Belt and Road Initiative (B∓R), funded by the Policy Innovation and Coordination Office of the HKSAR Government. She is also awarded the Humanities and Social Sciences Prestigious Fellowship Scheme 2018/19 by the HK Research Grants Council to further support her continuous research in B∓R. She edited Co-evolution of Hong Kong’s Professional Services and the Belt and Road Initiative《解構‧倡議—專業服務與一帶一路》, published in July 2019, and Facts and Analysis: Canvassing Covid-19 Responses, forthcoming 2021.
Professor Phyllis Mo is a veteran auditing professor. Before joining CityU, she was Head and Professor at the Department of Accountancy at Lingnan University. Currently, she is a member of Hong Kong Institute of Certified Public Accountants (HKICPA), a fellow member of the Association of Chartered Certified Accountants (ACCA) and a member of CMA Australia. Her research focuses on auditing and taxation. She has published articles in leading academic journals and a number of research monographs, including Tax Avoidance and Anti-avoidance Measures in Major Developing Economies, A Dream of the Red Chambers and Corporate Governance of Family Business (《紅樓夢》與家族企業管治) and Transcending the Bottleneck - The Hong Kong Accountancy Profession.
Dr. Wilson Chan, Chairman of The Belt and Road Pioneer, is an expert of the Belt and Road, of which several media programme are hosted. He had been a banker since the early 1980s and became the Founding Treasurer of ICBC group in HK in 1995. Currently, he is the member of the Mainland Opportunities Committee of HK Financial Services Development Council, the Banking ITAC of Education Bureau, as well as the Deputy Chairman of Publications Sub-Committee of Hong Kong Institute of Bankers and the Chairman of Education Sub-Committee of Treasury Markets Association for over two decades.
Linda Tjia Yin-nor is an Assistant Professor of the Department of Asian and International Studies, City University of Hong Kong. She has published on China’s transport and logistics development, as well as China’s overseas infrastructural and industrial projects. Recently she has acquired the Sumitomo Foundation Grant (2020-2022) to investigate the high-speed rail rivals between China and Japan, and the Hong Kong Research Grants Council Early Career Scheme (2021-2024) to study China’s industrial projects in Kazakhstan. Her articles appear in the China Journal, Asian Survey, and Journal of Transport History. Her single-authored book, Explaining China’s Railway Reform, was published in 2016 under Routledge Contemporary China Series.
- 7 January 2021 (Thursday)
- 9:00 am – 12:00 pm
- Zoom Webinar
- Mainly in English
- CDP included (Please contact your respective Association for details)
- Free admission
Global supply chain disruption caused by geo-political conflicts and the COVID-19 pandemic has moved businesses, such as manufacturing enterprises and tech giants, to emerging markets in search of new investment and business opportunities. There is a keen demand for Hong Kong professional services, including accounting, legal and business consultancy services, to enhance ETCZ operations in emerging economies along the Belt and Road, while the overseas markets provide the room for growth in light of saturated markets in Hong Kong. At the same time, investing and participating in the overseas ETCZs require strategies in meeting various challenges, such as the ever-changing political environment, potential economic risks and socio-cultural differences.
How may Hong Kong professional services and business develop strong strategies to extend growth in the new and expanding overseas markets? Charting a new pathway requires vision, a capacity to imagine the unthinkable, the patience and resilience to continuously try and err, to create and to repeal, then back to reflect calmly and imagine wildly, and to try and err once again, and so on. It requires both theoretical and technical knowledge, and both the qualities of an artist and those of an engineer. Experiential learning is a must – doing as training, as well as thought experimentation and, yes, traditional broad-range reading.
This program of 6 workshops and 2 symposia bring together important players and minds to facilitate their active interaction and sharing of knowledge and experiences. In the debut symposium, speakers from the industry with major overseas projects, the business and professional bodies will share their insights into the significance, opportunities and challenges of investing and developing businesses in overseas ETCZs and markets, leading to country-specific discussions in subsequent workshops.
|09:15-09:30||- Welcome and opening remarks by Mr. Lester Huang. SBS, JP (黃嘉純) (Chairman of the Council, City University of Hong Kong)|
- Keynote address
Dr. Bernard Chan (陳百里), JP (Under Secretary for Commerce and Economic Development, Commerce and Economic Development Bureau)
Prof Linda Chelan Li (李芝蘭) (Director, Research Centre for Sustainable Hong Kong, City University of Hong Kong)
- Ceremony and Photo call
- Theme 1: Opportunities and Challenges in Overseas Projects
1. Mr. Anthony Lam (林世豪) (CEO, Golden Resources)
2. Dr. David Wei (魏曉浩) (Division Chief, Overseas Business / International Cooperation, China Merchants Group)
- Theme 2: Explorations and Considerations of Hong Kong Business and Professional Services
3. Mr. Johnson Kong (江智蛟) (President, Hong Kong Institute of Certified Public Accountants)
4. Ms. Melissa Pang (彭韻僖), BBS, MH, JP (President, The Law Society of Hong Kong) (Invited)
5. Mr. Nicholas Ho (何力治) (Co-Convenor of Belt and Road Working Group, Hong Kong General Chamber of Commerce)
Q&A and Discussion
Prof Phyllis Lai Lan Mo (巫麗蘭) (Associate Director, Research Centre for Sustainable Hong Kong, City University of Hong Kong)
Dr George Lam (林家禮), BBS (Honorary Chairman - Asia Pacific CMA Australia, Hong Kong Branch)
Sr L.C. Yu (余立佐) (Director, China Harbour Engineering Company Limited, Hong Kong Region)
On January 7 (Thursday) morning, CSHK successfully organized the debut event of its PASS Workshop Series – the Opening Symposium entitled ‘Global Connectivity, Opportunities and Challenges: Hong Kong and ETCZs along B&R’. The Symposium was joined by 210 participants and 16 guests and speakers, including representatives from Vietnam and Myanmar Consulate General in Hong Kong.
Mr Lester Huang, Council Chairman of CityU, kicked start the Symposium, followed by a Keynote Address by Dr Bernard Chan, Under Secretary for Commerce and Economic Development of the HKSAR Government. In the insight sharing session, our 5 speakers explored opportunities and considerations of Hong Kong business and professional services in participating in overseas projects. Insights in staff management and integration into local culture, China Merchants Group’s B&R projects, the advantages for Hong Kong accountancy and legal service sectors, and myriad business opportunities available in a wide region along the B&R, were shared.
In the Q&A and discussion session, an interactive dialogue was held, covering a wide range of topics related to Hong Kong professional services and B&R, including ESG (Environment, Society and Governance), corporate social responsibilities, the Greater Bay Area, small-and-medium enterprises and career development prospects of young professionals in Hong Kong. Finally, our Centre Director Prof Linda Li encouraged participants to register for the 6 upcoming training workshops and enrol into our contact exchange platform in order to facilitate further engagements and collaborations, thus achieving one of the objectives of PASS.
We would like to take this opportunity to thank PASS, our Sponsor Golden Resources, our 6 Collaborating Organizations, all the Supporting Organizations and CityU Supporting Units for their support to the Workshop Series and the Symposium.
- - 8 February 2021 (Monday)
- 9:00 am – 12:00 pm (HKT) / 8:00 am – 11:00am (Cambodia Time)
- Hybrid (due to COVID-19 conditions):
What are the opportunities and risks of investing or expanding business operation in Cambodia? What are the benefits and concerns for developing businesses in Special Economic Zones (SEZs) there? What unique roles could Hong Kong professional services play to facilitate mutual advancement?
This Workshop aims to present a portrait of business opportunities and challenges in Cambodia from three perspectives: 1) the local Cambodian, 2) the Belt and Road and 3) Hong Kong. Through triangulation of first-hand information, insights and successful experience shared by seasoned entrepreneurs, professional practitioners, SEZs management, scholars and government officials, participants would be able to distil an in-depth understanding of cultural diversity and efficient management of overseas investments and SEZs in Cambodia. In particular, this Workshop will unpack the challenges and scrutinize the pathways whereby Hong Kong professional services and businesses may perform their distinctive roles in mitigating risks and thus take part for mutual gains and sustainable development in Cambodia.
A. Development and SEZ in Cambodia
1. Mr. Socheat Oum, Director of Foreign Languages Department, NIDIR, Ministry of Foreign Affairs and International Cooperation
2. H.E. Sophal Suon, Director of Public Relations and Promotion of Private Investment, The Council for the Development of Cambodia
3. Mr. James Chang, Marketing Manager, Phnom Penh Special Economic Zone
B. Investment and Banking
1. Mr. John Yung, Board Member, SEVP & CIO, The Shanghai Commercial & Savings Bank
2. Ms. Elsie Gung, Deputy Chief Executive Officer, Bank of China (Phnom Penh Branch), and;
Mr. Xu Wei, General Manager, Corporate Banking Department, Bank of China (Phnom Penh Branch)
C. Professional Services and Business
1. Mr. Larry Ng, Executive Director & Deputy Secretary General Hong Kong Business Association of Cambodia
2. Ms. Catherine Chan, Founder & Executive Director, Urban Village & Factory Phnom Penh
D. Cambodia and the Belt and Road
H.E. Prof. Ky Sereyvath, Director General of the Institute of China Studies, Royal Academy of Cambodia
|11:00-11:55||Q&A and Discussion
• Chair: Prof Linda Chelan Li (Director, Research Centre for Sustainable Hong Kong, City University of Hong Kong)
• Discussant: Prof Ratana Y (Emeritus Professor, University of Cambodia)
|11:55 – 12:00||Concluding Remarks|
- - 27 April 2021 (Tuesday)
- 10:30 am – 1:30 pm (HKT) / 8:00 am – 11:00am (Sri Lanka Time)
- Hybrid (due to COVID-19 conditions):
What are the opportunities and risks of investing or expanding business operation in Sri Lanka? What are the benefits and concerns for developing Port related businesses and Special Economic Zones (SEZs) there? What unique roles could Hong Kong professional services play to facilitate mutual advancement?
This Workshop aims to present a portrait of business opportunities and challenges in Sri Lanka from three perspectives: 1) the local Sri Lankan, 2) the Belt and Road and 3) Hong Kong. Through triangulation of first-hand information, insights and successful experience shared by seasoned entrepreneurs, professional practitioners, Port and SEZs management and local researchers, participants would be able to distil an in-depth understanding of cultural diversity and efficient management of overseas investments, as well as port and SEZs development in Sri Lanka. In particular, this Workshop will unpack the challenges and scrutinize the pathways whereby Hong Kong professional services and businesses may perform their distinctive roles in mitigating risks and thus take part for mutual gains and sustainable development in Sri Lanka.
A. Economic Development and Trade in Sri Lanka
Ms. Subhashini Abeysinghe, Research Director, Verité Research
B. Port Development in Sri Lanka
Mr. Tissa Wickramasinghe, Chief Operating Officer, Hambantota International Port Group
Ir. Chris W F Lau, Director of Zhen Hua Engineering Co Ltd and Deputy General Manager of Business Development Department, China Harbour Engineering Company Limited
C. Business Opportunities in Sri Lanka
Mr. Thirukumar Nadarasa, Chief Executive Officer, Hutchison Telecommunications Lanka Pvt Ltd
Mr. Peter Cheng, Chairman, Hanbo Enterprises Limited
|12:35-13:25||Q&A and Discussion
• Chair: Dr Linda Yin-nor Tjia (Member, Research Centre for Sustainable Hong Kong, City University of Hong Kong)
• Discussant: Prof Linda Chelan Li (Director, Research Centre for Sustainable Hong Kong, City University of Hong Kong)
|13:25 – 13:30||Concluding Remarks|