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Paul Chan Promotes Hong Kong's Economic Opportunities During New York Visit

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Paul Chan Promotes Hong Kong's Economic Opportunities During New York Visit

2024-10-24 12:05 Last Updated At:16:27

FS continues to promote Hong Kong's new advantages in New York (with photos/video)

The Financial Secretary, Mr Paul Chan, continued his visit in New York, the United States (US), yesterday (October 23, New York time) to promote Hong Kong's advantages and opportunities.

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FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

Mr Chan attended a luncheon co-hosted by the Hong Kong Economic and Trade Office in New York and the Hong Kong Association of New York, with around 80 representatives from businesses, institutions, chambers of commerce and think tanks present. During the luncheon, Mr Chan delivered a keynote speech and engaged in a discussion with the President of the National Committee on United States-China Relations, Mr Steve Orlins, addressing topics of interest regarding Hong Kong in US political and business circles.

In his remarks, Mr Chan introduced Hong Kong's latest economic situation and development strategies, particularly new initiatives in key areas such as finance and innovation and technology, policies and achievements related to attracting businesses and talent, and the increasingly close co-operation and collaborative developments with sister cities in the Guangdong-Hong Kong-Macao Greater Bay Area.

Mr Chan stated that the "one country, two systems" arrangement will remain implemented in Hong Kong for the long term. He emphasised that Hong Kong will continue to play its unique role as a "super connector" and "super value-adder," linking the capital markets and investors of the Mainland and the global community to create value and opportunities for all. He noted that Hong Kong consistently maintains the common law system, upholds the rule of law, provides an open, free, and simple low-tax business environment and protects investors' rights. Following the implementation of national security legislation, foreign businesses continue to have confidence in Hong Kong, and various international institutions have affirmed Hong Kong's excellent business environment and competitiveness. Mr Chan highlighted that Hong Kong values the strengthening of relationships with traditional markets and welcomes continued investments from the US business community. The Hong Kong Special Administrative Region Government will continue to present the real situation of Hong Kong through objective facts and data, and maintain communications and connections with the US’s political and business sectors.

In the morning, Mr Chan had breakfast with local political and business figures, followed by a roundtable meeting where he met with local financial and banking professionals to introduce Hong Kong's latest status and opportunities, and address their questions.

In the afternoon, Mr Chan met with the Acting Consul General of China in New York, Mr Ma Xiaoxiao, to exchange views on China-US economic and trade relations, and co-operation.

Mr Chan will continue his final day of visit in New York today (October 24, New York time).

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

FS continues to promote Hong Kong's new advantages in New York (with photos/video) Source: HKSAR Government Press Releases

EDB reminds parents to choose primary schools under Central Allocation process for their children

The Education Bureau (EDB) today (January 12) reminded parents that children who have joined the Primary One Admission (POA) System for 2026 but have not yet secured a discretionary place can take part in the Central Allocation process for a Primary One (P1) place in a government or aided primary school. Parents concerned should make their choice of schools within the period from January 19 to 25.

Digitalisation of POA

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In line with the Smart Government strategy, the EDB has fully implemented digitalisation of the POA. Parents who have registered as POA e-Platform (ePOA) users and have bound their account to "iAM Smart+" may submit the Choice of Schools Form for Central Allocation from January 19 to 25 through the ePOA. Please refer to the related videos and Parent's Guide on the EDB's website (www.edb.gov.hk/en/edu-system/primary-secondary/spa-systems/primary-1-admission/poa_eplatform/index.html) for details of the procedures for activating and logging into an ePOA account and for making school choices for the Central Allocation of POA via the e-Platform.

Making school choices at Central Allocation Centres

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The EDB will send letters to parents on January 14 inviting them to make their choice of schools. To cater for the needs of different parents, parents can still submit the Choice of Schools Form in paper form by visiting the designated Central Allocation Centre at the suggested time slot (i.e. 9.30am to 12.30pm or 1.30pm to 4.30pm on January 24 (Saturday) or 9.30am to 12.30pm on January 25 (Sunday)) stated in the letter.

Parents who are ePOA users may choose to submit the Central Allocation Application via the ePOA or in paper form to the Central Allocation Centre but should not submit duplicate applications. Parents who have not yet received the letter by January 19 should call the School Places Allocation Section of the EDB (Hotline: 2832 7700) as soon as possible.

Only one parent of an applicant child is required to complete the school choice-making procedures. Parents are advised not to take their children to the Central Allocation Centre if possible. Parents who cannot make school choices within the suggested time slot can go to the designated Central Allocation Centre from 1.30pm to 4.30pm on January 25. The Choice of Schools Form will be sent together with the letter to parents who have submitted a paper Application Form at the Discretionary Places stage for filling out in advance.

In the event of adverse weather or other special conditions on any day during the period of making school choices, please pay heed to radio or television announcements on the relevant special arrangements.

Unable to submit application within specified choice-making period

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For individual parents who are unable to use the ePOA or go to the Central Allocation Centre to make school choices, they can authorise in writing a representative to bring the completed Choice of Schools Form and their signed Letter of Authorisation to the Central Allocation Centre to proceed with the related procedures.

To apply for POA 2026 for their children after January 25, parents need to complete necessary procedures with the School Places Allocation Section, which will separately arrange P1 places for the applicant children in June.

Change of residential address

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An EDB spokesman reminded parents that, if they have recently moved their residence or have such plans in the near future, they are required to inform the School Places Allocation Section as soon as possible so that they can make school choices in the POA School Net where their new home is located. Parents should fill in the actual residential address of their child. If they provide a false address for securing a P1 place, the POA application of their child will be rendered void and the P1 place allocated will be withdrawn.

The EDB has put in place a monitoring mechanism to verify the residential addresses of applicant children as given by the parents. Random checks have also been stepped up. The public may call the School Places Allocation Section to report suspected cases of using a false address by parents for their children's POA application. The EDB will take action against false address cases.

Mechanism of Central Allocation

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Central Allocation is composed of two parts. Part A, which takes up 10 per cent of the P1 places earmarked for Central Allocation, is for unrestricted school choices. Parents can choose up to three government or aided primary schools in any school net. Part B takes up the remaining 90 per cent of the P1 places earmarked for Central Allocation. Parents of applicant children residing in the school net concerned are to select schools from the "Choice of Schools List for Central Allocation (Primary One Admission 2026)" of their school net, while parents of applicant children who intend to commute daily to schools in Hong Kong are to select schools from the "2026 Choice of Schools List for Central Allocation (For Applicant Children who intend to commute daily to schools in Hong Kong)". Parents should fill in the Choice of Schools Form in the order of their preference.

The mechanism of the Central Allocation is based on parents' choices in general. The computer-programmed allocation will first process the school choices in Part A and then the school choices in Part B. For oversubscribed schools, the order of priority in allocating places will be determined by random numbers generated by the computer for individual applicants to ensure fairness.

For information about the procedures for Central Allocation, please call the EDB's 24-hour automatic telephone enquiry service at 2891 0088.

Release of Central Allocation results

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For parents who have already activated their ePOA account via "iAM Smart" or "iAM Smart+", they will receive their Central Allocation results through the ePOA from 10am on June 3. Parents who wish to receive the allocation results via SMS on June 3 may choose such an option in the Choice of Schools Form. In addition, the allocation results will be sent to parents by post on June 3 and 4.

Source: AI-found images

Source: AI-found images

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