Policy Address

Professional Services

25.         With a pool of highly qualified professionals and a robust system, Hong Kong has good potential and competitiveness for further global development.

26.         The EDC’s Working Group on Professional Services has formulated a framework to support the development of professional services.  The proposals cover five themes: (i) to strengthen connections with the Mainland and overseas economies to secure more liberalisation measures and conclude more free trade agreements, so as to promote trade liberalisation in professional services; (ii) to promote alignment of the professional systems of the Mainland and Hong Kong, secure recognition of Hong Kong professional qualifications, and enable direct service provision in the Mainland by Hong Kong professionals and enterprises, which will facilitate early access of the professional services sector to the Mainland market and help foster the development of the Mainland’s services sector to achieve a win-win outcome; (iii) to give full support to the sector to strengthen its competitiveness, enhance research and development, manpower development and business structure, and promote the Hong Kong brand in professional services; (iv) to explore the feasibility of building a business-friendly information platform and assist Hong Kong’s professional services sector explore business opportunities overseas in order to support the sector’s access to emerging markets and key economies; and, (v) to foster the comprehensive development of cross-sectoral professional services and examine the feasibility of providing resource support and advisory services at strategic footholds all over the world.

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