XN000022-1995-09-25 — Page 7

6.

Active HK participation in economic meeting in Beijing

Hong Kong will actively participate in the 11th General Meeting of the Pacific Economic Co-operation Council (PECC XI) to be held on September 27 - 29 in Beijing.

The theme of the PECC XI is "Asia-Pacific Initiatives for Global Prosperity: Trade Liberalisation and Development Co-operation".

Leading the Hong Kong delegation is the Chairman of the Hong Kong Committee for Pacific Economic Co-operation (HKCPEC), Mr William Fung, Group Managing Director of Li & Fung Limited.

Also attending the meeting will be the Secretary-General of the HKCPEC and Assistant Director-General of Trade, Mrs Rebecca Lai, as well as 30 other participants from the business, academic and government sectors.

Speakers from Hong Kong to the PECC XI include Managing Director of Bankers Trust Company, Dr William Overholt; Director of Research and Planning of the Stock Exchange of Hong Kong Ltd, Mr Matthew Harrison; Managing Director of Varitronix International Limited, Dr York Liao; Director of Dah Chong Hong Ltd, Mr Chu Hon-fai; Project Manager of Rabobank Hong Kong Branch, Mr Roger Bradshaw; Dean of Faculty of Business of City University of Hong Kong, Professor Richard Ho; and Senior Assistant Director (Regulatory) of the Office of the Telecommunications Authority, Mr Anthony Wong.

The PECC XI will be preceded by a Standing Committee meeting to be held tomorrow (September 26), and a Co-ordinating Group meeting today (Monday) which discusses the policy issues and determines the work program of the PECC respectively.

PECC is a non-governmental organisation set up in 1980 with the purpose of developing closer co-operation among economies in the region in trade and economic policy issues.

Currently, PECC has a membership of 22 member committees representing the economies of Australia, Brunei Darussalam, Canada, Chile, China, Columbia, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Peru, the Philippines, Russia, Singapore, Chinese Taipei, Thailand, the US, the Pacific Island Nations and Vietnam. Hong Kong became a member of the PECC in May 1991.

End/Monday, September 25, 1995