71. First of all, we will continue
to strengthen the four core industries. For the financial
services sector, we will seize the opportunities brought
by accelerated liberalisation and development of the
Mainland economy to enhance Hong Kong's role as an international
financial centre. In particular, we will tap into the
huge potential of renminbi business, bond markets and
asset management services. At the same time, we will
continue to improve the quality and stability of our
financial markets, enhance the regulation of listing
and reinforce corporate governance. In terms of producer
services, the Mainland's external trade exceeded US$1,000
billion last year, the fourth highest total in the world.
Leveraging on the Mainland market, our producer services
sector will have greater opportunities for expansion.
To promote the upgrading of our producer services, the
Government encourages wider application of technology
and innovation, and strengthening design, research and
development and brand-building activities. On the logistics
front, the Government will liaise closely with the trade
to formulate measures to enhance the competitiveness
of the aviation and container freight industries. With
the continuous growth of tourism in the Mainland and
worldwide, we expect the number of visitors to Hong
Kong to reach 35 million by 2010. As Asia's prime tourist
destination, we will take active measures to consolidate
existing advantages and further develop our potential.
This will in turn create more job opportunities for
the middle and lower strata.
72. According to the latest visitor survey conducted
by the Hong Kong Tourism Board, shopping is the main
purpose of nearly 90% of our visitors. Hong Kong has
always been a shopping paradise for visitors because
we carry a wide range of genuine and trendy goods at
fair prices and we provide quality service. The Luxury
Conference held in Hong Kong at the end of last year
further reinforced Hong Kong's status in the international
fashion and luxury goods markets. A superior business
reputation and rigorous quality management are competitive
advantages we have worked long and hard to achieve.
This year, we will adopt a multi-pronged approach to
consolidate our advantages. We will do our best to protect
intellectual property rights and to eliminate counterfeit
goods. We will continue to promote "No Fakes"
stickers to increase the confidence of those shopping
in Hong Kong. At the same time, we will strive to expand
consumer protection for visitors by rendering full support
to the Travel Industry Council of Hong Kong to implement
a penalty mechanism against non-compliance with the
"100 per cent refund guarantee scheme". We
will facilitate the extension of the Quality Tourism
Services Scheme by the Hong Kong Tourism Board to cover
more tourism-related trades. To improve the shopping
environment, we plan to provide additional pedestrianised
streets with upgraded support facilities in two major
shopping and entertainment districts, Causeway Bay and
Tsim Sha Tsui, with a view to making Hong Kong even
more attractive as a shopping paradise. |