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Hong Kong welcomes APEC business executives

The acting Financial Secretary, Mr Rafael Hui, this (Friday) evening hosted a dinner to welcome senior business executives from the 18 member economies of the Asia Pacific Economic Co-operation (APEC) who are in Hong Kong to attend the third meeting of APEC Business Advisory Council (ABAC).

The Governor, the Rt Hon Christopher Patten, joined ABAC members at the cocktail reception held before the dinner to give his support and had free and cordial exchanges with them.

In his speech at the dinner, Mr Hui stressed that the Hong Kong Government would continue to accord priority to APEC and the co-operation with the business sector in the process of trade liberalisation and facilitation.

ABAC is a business advisory body established by APEC Economic Leaders at their meeting in Osaka last November. Comprising prominent businessmen from the 18 APEC member economies, the ABAC is tasked to provide insight to APEC activities and to advise Economic Leaders on key policy issues.

The Financial Secretary has appointed Mr Gordon Wu, Dr Victor Fung, and Mr Victor Lo as Hong Kong's representatives in ABAC.

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Draft drainage plan for Tin Shui Wai

The Drainage Services Department has prepared a draft Drainage Authority Area Plan for Tin Shui Wai Drainage Basin, one of the flood prone drainage basins in Hong Kong.

A spokesman for the department said today (Friday) that the basin included Tin Shui Wai new town, Ha Tsuen, Ping Shan and Lau Fu Shan covering 22 square kilometres in area.

"About 16 kilometres of watercourses within the area are designated as main watercourses," the spokesman said.

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