In the conference, Mr. Peter Wong, CEO (Greater China Group) and Director of Standard Chartered Bank, spoke on the business ties between Hong Kong and California and the trends ahead.
Hosted by the Milken Institute
, a non-profit independent economic think tank, the California State of the State Conference is one of the major annual conferences in America.Bringing together business and policy leaders together for an examination of California's economy, the conference is attended by hundreds of leading executives, financial analysts, policy makers, academia and representatives from business and finance from around the state.
In this year's conference, Mr. Peter Wong
is amongst the distinguished panelists in the panel discussion on the topic "California and Asia: What Lies Ahead?"Mr. Wong
spoke on Hong Kong
's distinct advantages as a base for multi-national firms and SMEs to access China in general, and the Pearl River Delta region in particular.Hong Kong
and the Pearl River Delta together have formed a cluster of cities that is a very dynamic part of China.
"Following the footsteps of the large multi-national companies, more and more SMEs would like to do business in China.Companies in Hong Kong
would be your good partners.It is not just skill or capital they can provide you, what is more important is information and knowledge of the China market."Mr. Wong
"With the CEPA benefits, that is the Closer Economic Partnership Arrangement between Mainland and Hong Kong
, Hong Kong
's position as a springboard to China is further strengthening."Mr. Wong
continued. Mr. Peter Wong, JP, chairs the Hong Kong Interbank Clearing Limited, and is a member of the Risk Management Committee of the Hong Kong Exchanges and Clearing Limited, the Banking Advisory Committee and the Deposit-taking Companies Advisory Committee.Mr. Wong is also a member of the Hong Kong Special Administrative Region Government's Investment Promotion Ambassador Scheme, and a non-official Member of the Economic Advisory Committee.He was Chairman of the Hong Kong Association of Banks 2001.