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A
forest of neon symbolises Hong Kong's brightening economic
prosperity |
The
latest annual business outlook survey conducted by the American
Chamber of Commerce in Hong Kong (AmCham) among its members
revealed that 95% of respondents believed that the outlook
for business in Hong Kong in 2001 was "good" or "satisfactory"
compared with 84% in 2000. Commenting on the survey, AmCham
Chairman Paula DeLisle told Exhibition News, "One reason American
companies in Hong Kong are so upbeat about the future is the
impending accession of China to the World Trade Organisation.
In particular, they recognise Hong Kong's unique capabilities
as facilitator for multinationals establishing a China presence."
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Simpler
customs cargo clearance procedures |
On
1 Jan 2001, Shenzhen Customs announced the simplification of
cargo transit and clearance procedures at Hong Kong's border
with the Shenzhen Special Economic Zone to the north. Among
the improvements now in effect is pre-declaration of imports
to the Mainland 60 minutes before entry to one of the three
border checkpoints. Declaration details are processed electronically
and trucks use specially designated gateways. |
In
another recent survey, conducted by the Hong Kong Government's
Census and Statistics Department, voluntary responses showed
that more than 500 corporate newcomers set up regional operations
in Hong Kong in the year to 1 June 2000, bringing the total
to more than 3,000 - a 20% surge from the 1999 figures.
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Multinationals
appreciate Hong Kong's role as regional base for their
Asia Pacific business |
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