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Anson Chan: China's Entry into WTO to Benefit HK
Hong Kong's Chief Secretary for Administration Anson Chan said in Hong Kong Wednesday that China's entry into the World Trade Organization (WTO) will bring benefits to the Hong Kong business community.
"This will benefit not just China. The position where we are, with our strategic locality, our many decades of doing business with China, I think our middleman role, far from being undermined by the Mainland's accession to the WTO, will indeed be enhanced and there will be additional opportunities for both business and for investment opportunities," Chan said at a luncheon of international chambers of commerce.
She said that Hong Kong Financial Secretary Donald Tsang is chairing a committee that is precisely assessing the implications for Hong Kong as a whole, following China's accession into the WTO.
"We have a formal channel of communicating and talking with our trade counterparts in the Mainland," she added.
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