No.10  October, 2010  
   
  Hong Kong Chief Executive outlines priorities in 2010-11 Policy Address

Hong Kong's Chief Executive Donald Tsang has prioritised stabilising the city's property market, strengthening links with China, economic development and more support for low income families over the next 12 months as part of his annual policy address.

In his October 13 address, Sharing Prosperity for a Caring Society, Mr Tsang singled out Hong Kong's volatile property market as the city's most pressing challenge, and announced new measures to boost the supply of apartments and help potential homebuyers enter the housing market.
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  Chief Executive urges boost for China’s development

Hong Kong's Chief Executive, Mr Donald Tsang urged all sectors of the community to seize the opportunities to contribute to the development of China.

Speaking at Hong Kong's official National Day Reception to celebrate the 61st anniversary of the founding of the People's Republic of China on October 1, Mr Tsang said China's rapid economic development, rising national power and huge improvement in living standards in the first decade of the 21st century had been the focus of world attention.
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  Arbitration pact signed to foster exchanges and cooperation

Hong Kong and the Mainland China signed the Co-operation Arrangement on Legal Services for Commercial Matters and Arbitration to foster better exchanges and cooperation.

The Secretary for Justice, Mr Wong Yan Lung and Vice Chairman of the China Council for the Promotion of International Trade (CCPIT), Mr Dong Songgen signed the document on October 25.
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  Survey confirms Hong Kong is Asia's preferred business hub

The number of overseas and Mainland Chinese companies running business operations in Hong Kong has increased 2.6 per cent to a total of 6,561 companies, according to a survey released by Invest Hong Kong and the Census and Statistics Department (C&SD).

Director-General of Investment Promotion, Mr Simon Galpin, said, "The results are very encouraging and reflect the rebound of Hong Kong's economy in the wake of the global financial crisis. Hong Kong continues to be an attractive city for these companies to base their operations in this part of Asia."
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