ENG-2010 — Page 36

Hong Kong Year Books 香港年報 All

viii Calendar of Events in 2010

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in the Northern Song Dynasty 900 years ago. The animated painting was a star attraction inside the China Pavilion at Shanghai Expo.

The Chief Executive in Council adopts the recommendation of the Provisional Minimum Wage Commission to set the initial statutory minimum wage rate at $28 per hour effective from May 1, 2011.

The Secretary for Transport and Housing leaves for Melbourne to exchange views on regulations governing the sale of residential properties.

The Chief Executive leaves for Yokohama to attend the 18th APEC Economic Leaders' Meeting.

The Financial Secretary leaves for Seoul to attend the G20 Summit as part of the People's Republic of China delegation.

Moody's upgrades Hong Kong's Government bond ratings to 'Aal' from 'Aa2' with 'Positive' outlook.

The Chief Executive appoints the Steering Committee of the Community Care Fund to which the Government and the business sector will each contribute $5 billion to support the needy in areas not covered by the social security safety net.

The Secretary for Labour and Welfare, Mr Matthew Cheung Kin-chung, signs a Memorandum of Understanding with the Consul General of the Republic of Korea on a Hong Kong Korea Working Holiday Scheme for young people, effective from January 1, 2011.

The Secretary for Financial Services and the Treasury leaves for London to officiate the opening of a HKSAR Government conference, the first leg of a world-wide campaign to promote Hong Kong as China's global financial centre.

A global credit-rating agency, Fitch, upgrades Hong Kong's long-term foreign-currency sovereign rating from AA to AA+ with a stable outlook.

The Secretary for Justice visits Malaysia and Singapore to strengthen ties with the two countries.

The Financial Secretary leaves for Auckland to foster closer economic ties with New Zealand.

The Financial Secretary leads a business delegation to Chile and Brazil to explore business opportunities and promote Hong Kong as the premier international gateway to the mainland of China.

The national Ministry of Finance launches the second issue of RMB sovereign bonds in Hong Kong.

The Chief Executive in Council approves the construction of the Mass Transit Railway Kwun Tong Line Extension and the South Island Line (East).

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