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Hong Kong - Sustaining its Competitiveness in the Information Age: 

Hong Kong - Sustaining its Competitiveness in the Information Age Mr K C Kwong Secretary for Information Technology and Broadcasting The Government of the Hong Kong Special Administrative Region Luncheon Address on 24 September 1998

A Year After the Transition: 

A Year After the Transition One country two systems Guarantees under the Basic Law Rule of law Human rights and freedom

A Year After the Transition (cont'd): 

A Year After the Transition (cont'd) Economic and financial autonomy Law and order Closer cooperation and collaboration with the Mainland of China

Impact of Asian Financial Turmoil: 

Impact of Asian Financial Turmoil GDP down by 4% in 1998 Property prices fallen by 40%-50% from peak in 1997 Stock market index (Hang Seng Index) fallen by some 50% from peak in 1997 Unemployment risen to 5%

Hong Kong's Response: 

Hong Kong's Response Community responding well to the adjustment Overall strategy to strengthen financial market Continued economic policy of minimum intervention & maximum support

Hong Kong's Response (cont'd): 

Hong Kong's Response (cont'd) Investment for the future Preparing for the Information Age

Slide7: 

To Sustain Hong Kong's Competitiveness - Hong Kong Special Administrative Region IT Strategy

The Chief Executive's Vision: 

The Chief Executive's Vision "... to make Hong Kong a leader not a follower in the information world of tomorrow..." 1997 Policy Address A leadership position will help Hong Kong achieve competitive advantage leading to greater economic and social success regionally and internationally

Our Mission: 

Our Mission We will work to enhance and promote Hong Kong's information infrastructure and services so as to make Hong Kong a leading digital city in the globally connected world of the 21st century.

The Situation Now: 

The Situation Now Sophisticated communications networks US$2.4 billion IT spending (1997) 90% firms in service sectors using OA software; 50% with networked systems 34% home penetration rate of PC 570,000+ Internet accounts

The IT Strategy Plan: 

The IT Strategy Plan Develop IT infrastructure and standards Foster development of IT industry locally Promote and facilitate use of new and emerging technologies across business, government and the wider community

Develop IT Infrastructure & Standards: 

Develop IT Infrastructure & Standards Priority Tasks Introduce legislation to facilitate development of electronic commerce Set up Certification Authorities Establish a Chinese language common interface

Develop IT Infrastructure & Standards: 

Develop IT Infrastructure & Standards Priority Tasks (cont'd) Develop Hong Kong into an Internet hub in the Asia Pacific Region Cooperate with the Mainland and other places on IT-related matters

Foster Development of IT Industry Locally: 

Foster Development of IT Industry Locally Priority Tasks Maximise development of IT industries through outsourcing of Government IT projects Support to industry : Industrial Support Fund and Applied Research Fund

Foster Development of IT Industry Locally: 

Foster Development of IT Industry Locally Priority Tasks (cont'd) Facilitate technology collaboration between business and academia

Promote and Facilitate Use of New and Emerging Technologies: 

Promote and Facilitate Use of New and Emerging Technologies Priority Tasks Implement Electronic Service Delivery in phases Provide Chinese language support

Electronic Service Delivery: 

Electronic Service Delivery ESD Service Providers Public Kiosk Content Provider -Government departments -Public organisations -Business

Chinese Language Support: 

Chinese Language Support International coding standard Sophisticated search engines Hong Kong's advantage Internet hub of the Asia Pacific Region

Hong Kong - Sustaining its Competitiveness in the Information Age of the 21st Century: 

Hong Kong - Sustaining its Competitiveness in the Information Age of the 21st Century A sophisticated telecommunications infrastructure Innovative use of IT applications On-line delivery of Government services Broad adoption of electronic commerce Internet hub of the Asia Pacific Region

Hong Kong - Sustaining its Competitiveness in the Information Age: 

Hong Kong - Sustaining its Competitiveness in the Information Age Mr K C Kwong Secretary for Information Technology and Broadcasting The Government of the Hong Kong Special Administrative Region Luncheon Address on 24 September 1998