COMMERCE AND INDUSTRY
Chart 5: Number of Hong Kong Enterprise Groups (HKEGs) with Inward Direct Investment by Employment Size in mid-2000
No. of HKEGS
8 000
7.000
6 000
6 351
5 000
4 000
3.000
2.000
1 000
1 216
744
690
0
Less than 20
20-49
50-99
100-499
Employment Size
99
84
23
500-999
1 000-2 999
3 000 or more
Another Census and Statistics Department survey found that, on June 1, 2001, there was a total of 3 237 regional headquarters and regional offices established in Hong Kong by companies incorporated outside Hong Kong. Compared with the corresponding figure of 3 001 recorded for 2000, there was an increase of 8 per cent.
The Institutional Framework
Commerce and Industry Bureau
The Commerce and Industry Bureau is responsible for the formulation and co- ordination of policies and strategies in relation to Hong Kong's external commercial relations, inward investment promotion and intellectual property protection. It also oversees the development of policies and programmes for the industrial and trade sectors, small and medium sized enterprises as well as the promotion of innovation. and technology. The bureau is assisted in its work by a number of departments, namely the Innovation and Technology Commission, the Trade and Industry Department, the Invest Hong Kong, the Customs and Excise Department and the Intellectual Property Department. It is also supported by a network of Economic and Trade Offices outside Hong Kong.
Innovation and Technology Commission
To promote the development of innovation and technology, the Innovation and Technology Commission was set up within the Commerce and Industry Bureau on
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