Policy Address

Professional Services

21.         Professional services accounted for 4.8% of GDP in 2013 and provided around 200 000 jobs.  Of these services, dispute resolution services have room for development and will enhance Hong Kong’s competitiveness and image as a global financial, trade and business centre.

22.         Good progress has been made in developing Hong Kong as an international legal and dispute resolution services centre in the Asia-Pacific region.  Apart from local organisations, related institutions at both international and regional levels, including the International Court of Arbitration of the International Chamber of Commerce, the China International Economic and Trade Arbitration Commission, the Hague Conference on Private International Law and the China Maritime Arbitration Commission, have set up offices or arbitration centres in Hong Kong.  In addition, in relation to the conduct of dispute settlement proceedings in the HKSAR by the Hague-based Permanent Court of Arbitration (PCA), the Central Government signed the Host Country Agreement and the HKSAR Government signed the related Memorandum of Administrative Arrangements with the PCA respectively last year.  The Department of Justice (DoJ) will continue to take forward the related work. 

Contents | Next