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Tuesday, December 6, 2016, 01:01

Commerce chamber elects Jonathan Choi as chairman

By Luis Liu
Commerce chamber elects Jonathan Choi as chairman
Chief Executive Leung Chun-ying (right) and newly elected Chairman of the Chinese General Chamber of Commerce of Hong Kong Jonathan Choi Koon-shum pose for a photo during the chairman's inauguration ceremony last Friday. (Provided to China Daily)

HONG KONG - The Chinese General Chamber of Commerce (CGCC), one of Hong Kong’s largest business chambers, elected Jonathan Choi Koon-shum as its new chairman last Friday.

The Chinese General Chamber of Commerce, one of Hong Kong’s largest business chambers, elected Jonathan Choi Koon-shum as its new chairman

The chairman of local conglomerate Sun Wah Group will serve as the head of the 50th-term board of the chamber, succeeding Charles Yeung Chun-kam, founder and chairman of Glorious Sun Enterprises.

Choi is also a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and one of Hong Kong's representatives to the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council.

Speaking at the inauguration ceremony on Friday, Choi vowed to work closely with the nation’s 13th Five-Year Plan (2016-20), the unprecedented overseas vision – the Belt and Road (B&R) Initiative - and promote the development of the Guangdong-Hong Kong-Macao big bay area.

The chamber is one of the largest bridges for Hong Kong industrialists and businessmen to join the country’s development. Therefore, the CGCC will further maximize the “One Country, Two Systems” policy, and unlock more opportunities in cooperation with mainland partners, Choi said.

The CGCC is also a member of B&R Industrial and Commercial Alliance. It will organize a series of training and exchange activities along the B&R routes, facilitating enterprises from all countries and regions in their search for opportunities, Choi pledged.

Next year marks the 20th anniversary of Hong Kong’s reunification with the country. The chamber plans to organize a B&R summit in France for relevant stakeholders to seize new opportunities from the B&R. Another business summit among East Asian economies will be held in Hong Kong, in discussion about deeper regional cooperation, and commerce ministers from 13 economies will attend, Choi revealed.

By joining China’s development, the CGCC plays its role in safeguarding the SAR’s long-term stability and prosperity, said Choi.

Meanwhile, echoing the country’s call for mass entrepreneurship and innovation, the CCGC will allocate more resources to help nurture local young entrepreneurs, according to Choi.

Founded in 1900, the CCGC is one of the region’s oldest and largest business chambers. It now has more than 6,000 members, comprising business associations, companies and individual entrepreneurs. The aggregate economic volume is equal to one-third of Hong Kong’s GDP, according to chamber statistics. It has served as the promoter of investment into and from the mainland.

Attending the ceremony were Vice-Chairman of the National Committee of the Chinese People's Political Consultative Conference and former chief executive of the Hong Kong Special Administrative Region Tung Chee-hwa, incumbent Chief Executive Leung Chun-ying, and other officials, political leaders and representatives of the central government in Hong Kong.

luisliu@chinadailyhk.com

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