HK to Host 2002 Forbes Global CEO Conference

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Last updated at: (Beijing Time) Wednesday, March 20, 2002

HK to Host 2002 Forbes Global CEO Conference

Hong Kong is to be the host city of the 2002 Forbes Global CEO Conference scheduled in September. The three-day conference, with the theme of "Reassessing the Business Blueprint", will attract up to 350 regional and global top executives. Topics such as the New China Entrepreneur, avoiding Asian Enron and the challenges arising out of China's WTO accession will be focused on.

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HK to host 2002 Forbes Global CEO Conference

Hong Kong is to be the host city of the 2002 Forbes Global CEO Conference scheduled in September, announced Forbes Inc. and Invest Hong Kong of the Hong Kong SAR government Tuesday.

The three-day conference, with the theme of "Reassessing the Business Blueprint", will attract up to 350 regional and global top executives.

Secretary General of the United Nations Kofi Annan, Director- General of the World Trade Organization (WTO) Mike Moore, President of European Central Bank Wim Duisenberg are expected to speak during the conference.

Topics such as the New China Entrepreneur, avoiding Asian Enrons and the challenges arising out of China's WTO accession will be focused on.

HK---model to the world

Steve Forbes, president, CEO and Editor-in-Chief of Forbes Inc. spoke of Hong Kong as "really a world class city" .

"Hong Kong's extraordinary economic performance over the past half century is a model to the world of how to achieve amazing advances and higher standards of living in an ever-changing world, " he said.

Forbes said Hong Kong is also well positioned now to meet the changes brought by China's entry into the WTO.

Earlier, in a speech delivered at the Hong Kong General Chamber of Commerce, Forbes said there are five basic principles essential to economic development.

"They are lower tax, sound money, environment for people to set up business, remove of trade barriers and rule of law", he said, adding that "These are also principals which benefits Hong Kong's prosperity."

The 2nd Annual Forbes Global CEO Conference - Asia (September 24-26, 2002, Hong Kong)

The business environment is changing rapidly. The all-pervasiveness of technology has transformed even the stodgiest of companies into leaner, more efficient machines, facilitating just-in-time inventory levels, price-effective global marketing reach, rapid fulfillment and immediate customer relations.

Money is moving at the speed of light around the globe and, with ever more complex financial tools, successfully fuelling the creativity of entrepreneurs and nurturing the accelerated integration of developing markets into the world economy. Competition lurks in every corner.

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