ahk annualreport 2017-11-10 cc 2 · gic would like to express once more sincere gratitude to all...

GIC | GCC Annual Report 2016 - 2017

Hong Kong

AHK_AnnualReport_2017-11-10_CC_2.indd 1 10.11.17 10:22

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www.hongkong.ahk.de | +852 2526 5481

Connecting People – Creating Partnerships – Driving Business

Dear Members and Readers,

Hong Kong was the host of the 15th Asia Pacific Conference of German Business (APK) in November 2016, and to say it was the highlight of the year is clearly an understatement. It was the first time the event was held in the city and expectations were high. The two-day conference was a Who’s Who list of top speakers and panellists from the corporate world and politics, from Asia and Germany, in front of an unprecedented number of 1,000 registered participants. Apart from the bit of luck one needs as organisers, Hong Kong’s strengths as a business travellers’ destination of choice, with a regional focus and global relevance were decisive factors in bringing so many top leaders to the conference.

It is with a fair measure of pride as local hosts to conclude, that through the joint effort of GIC/GCC, the German Consulate, the Hong Kong Government and partner institutions, that the conference was a resounding success with the best possible outcome we could have hoped for. It is our wish to give due credit to and thank all parties involved in the organisation, the APA stakeholders to begin with, including the BDI, DIHK, OAV, Bankenverband, BGA and GTAI, and on the government side the Federal Ministry of Economics and Technology and the Federal Foreign Office, for a massive joint effort that was rewarded with a hugely successful event. We are also grateful to all our members and partners for their support, be it as participants, sponsors or promoters, and thank them again through these lines for their invaluable contributions. We received the highest acclaim from numerous sources covering all aspects of the APK, and we are happy to share this good news with our readers and everyone who agrees with us — that Hong Kong is a great place to do business.

After the conference is before the conference – as the saying goes – and although there is not another APK in Hong Kong on the radar, in the near future, there is plenty to do for GIC and the Chamber. Various new initiatives gathered speed during the year, including a revamp of the Chamber’s Articles of Association, which needed to be brought into line with the revised company law. We started a Sourcing Committee, driven by Chamber members from the industry, and the physical infrastructure of the office has seen a reconfiguration and modernisation, giving a brighter appearance and allowing flexible use of working and meeting places for greater efficiency and better use of resources, which our customers and members can expect to benefit from.

Chamber life is, was and always will be one of periodic adjustment to, and anticipation of economic trends; and members can expect to see more changes in communication, membership structure, and other areas to meet the needs of a modern business group. Moreover, we look forward to members’ continuing support and active participation for the coming year.

Yours sincerely, Wolfgang Niedermark

Chief RepresentativeGerman Industry and Commerce Ltd.

Committee MemberGerman Chamber of Commerce, Hong Kong

Hans Joachim IslerManaging DirectorH.D. Isler & Co. Ltd.

PresidentGerman Chamber of Commerce, Hong Kong


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Editorial

APK 2016

GICDelegationsVisitSpecial Events in Hong Kong

GCC

DEinternationalBusiness Consulting Services

Media and Communication Services

Job Report and Job Market Service

Dual System Professional Training

econetEnvironmental Protection Technologies Promotion

fairs & moreTraide Fair Services

Business Promotion German National Tourist Offices

Business Promotion HIW Hamburg Invest Wirtschaftsförderungs-gesellschaft mbH

German Industry & Commerce Greater China GmbH

GCCCommittee Members

GICTeam

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PUBLISHED BY

German Industry and Commerce Ltd.

German Chamber of Commerce, Hong Kong

3601 Tower OneLippo Centre89 QueenswayHong KongTel.: +852 - 2526 5481Fax: +52 - 2810 6093Email: [email protected]: www.hongkong.ahk.de

PUBLISHERWolfgang Niedermark

EDITOR & ADVERTISING SALESMonica Murjani

DESIGN Conny Schmitz

PRODUCTION Sam Ho

We would like to thank the following advertisers for their support this year:

BMW Concessiones (HK) Ltd

Commerzbank AG Hong Kong Branch

Invest HK

Jebsen & Co. Ltd

Mercedes Benz Hong Kong Ltd

Messe Berlin GmbH

C O N T E N T S


Y E A R LY S P O N S O R S 2 0 17 - 2 0 18


www.hongkong.ahk.de | +852 2526 5481www.hongkong.ahk.de | +852 2526 5481


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GIC: #APK Hong Kong

The 15th Asia-Pacific Conference of German Business (APK)

97 % OF PARTICIPANTS HAD THEIR EXPECTATIONS MET

OR EVEN EXCEEDED

“Key forum for decision-makers in business and politics

from Asia and Germany”


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Where German and Asian business interests meetTHE 15TH ASIA-PACIFIC CONFERENCE OF GERMAN BUSINESS (APK) SET A NEW BENCH-MARK

The 3-day conference from November 3-5, 2016 had record-breaking numbers of attendees, media, and high-ranking international speakers from both corporate and government backgrounds. Along with in-depth discussions on current and pressing issues, there were many opportunities to build relationships on the side-lines of the programme — APK had more than proven its relevance once more.

More than 1,000 participants from 32 countries and 39 nationalities, inclusive of 105 speakers and 85 representatives of the media gathered in Hong Kong at the Hong Kong Convention and Exhibition Centre (HKCEC) for what has become Germany’s flagship biennial gathering for top-level decision makers from Germany and the Asia-Pacific region to exchange knowledge, experiences and thoughts on the dynamics of the economies in Europe, Asia-Pacific, and globally, with a focus on trade, investment, and private sector co-operation.

This conference is a two-way initiative, not only focused on the needs and questions of the German business community, but in the interaction with Asia-Pacific partner companies and institutions.

“The largest networkingof its kind”


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THE APK IS ABOUT BUSINESS IN ASIA AND THE PEOPLE WHO MAKE IT HAPPEN

The discussion topics were all the more relevant in the context of 2016, a year full of unexpected turns of events that had rippled affects globally.

APK has additionally become a catalyst and platform for co-operative dialogue between Germany and Asia within the official programme and the bilateral talks and meetings alongside it.

The two-year long preparations together with Asia-Pacific Committee of German Business (APA), the Federal Ministry of Economics and Technology (BMWi) of Germany and the AHK offices in Asia paid off by the widely positive feedback received during and after the conference, including coming from the media: “a benchmark for future conferences”. The conference was a masterpiece of teamwork between partners in Germany and all over the Asia Pacific region, including the entire German networks of government and business associations who were strongly engaged in building relations and co-operations in their Asian locations. The co-operation with the German Foreign Office and all its missions in the region was crucial.

GIC: #APK Hong Kong


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A WORD OF THANKS

GIC would like to express once more sincere gratitude to all sponsors and partners, if it were not for their generous support the conference would not have been so smooth and successful. And, a big thank you to all the participants for joining us in 2016 in Hong Kong, the next APK will take place in Indonesia – see you in Jakarta in 2018!

The following pages provide highlights of the 15th APK:

“I really enjoyed the forum. APK was very impressive to me, as a big event in

open and frank atmosphere.” Hiroaki Nakanishi,

Executive Chairman, Hitachi, Ltd.

Germany GermanAsian

Hong Kong

Rest of the worldRest of the world

China

Asia-Pacific

65%421

241

153

227

28

26%

9%

PARTICIPANTSTRAVELLED

FROM

NATIONALITIESAT APK

Germany GermanAsian

Hong Kong

Rest of the worldRest of the world

China

Asia-Pacific

65%421

241

153

227

28

26%

9%

PARTICIPANTSTRAVELLED

FROM

NATIONALITIESAT APK


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NEW INTERACTIVE CONFERENCE FORMATS

Arena styled discussions were introduced for the first time to allow for maximum interactivity and hot seat debates, where ‘challengers’ were invited into the arena for added zeal. The classical panels with top-level speakers were still the backbone of the conference, but by reducing introductory statements and formalities, they too became more vivid. This was appreciated not only by the audience, but by the panellists as well.

APK 2016 MOBILE APP AND SOCIAL MEDIA ANALYTIC TOOL

Apart from a convenient platform to stay up-to-date with conference news and information. The conference app went further to include networking channels at all times - direct one to one communication with all the speakers and participants with option to schedule appointments and have it synchronised. It was a console for in-session polling and delivery of ones’ questions. Giving participants and speakers opportunity to be interactive instantly with each other. In addition, it gave easy access to APK social media channels and means to connect to one’s own account to compose posts.

The convenient app did not only help to reduce paper usage, but facilitated the conference communication prior, during and post event to not only the attendees, but to a much wider captivated group — bringing the conference and its mission to a new level.

With the help of KPMG, APK 2016 brought in a new dimension of analysis to its social media content. The large screen at the APK lounge at intervals presented not simply the channels themselves, but also a graphical analysis of the trending topics, key people, key companies etc.

LIVE AND MORE MEDIA

Hong Kong’s strategic positioning offered an advantage to attract multiple international media players, which added a new dimension of media coverage. Live broad-casting via international business television media and radio saw its presence for the first time in Hong Kong.

APK 2016 introduced new formats and technologies

NEW ELEMENTS OF INVOLVEMENT AND COMMUNICATION

GIC: #APK Hong Kong


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GIC: #APK Hong Kong

A Powerful Programme with Trending Topics

THE OFFICIAL 2-DAY AND 3-EVENING PROGRAMME INCLUDED SESSIONS ON VARIOUS TOPICS AND PROVIDED NETWORKING OPPORTUNITIES. SUPPLEMENT TO THEM WERE BREAKFAST SESSIONS AND THE OPTION OF A PRE-CONFERENCE PROGRAMME. AN OUTLINE CAN BE ARE FOUND HERE:

DELEGATION PROGRAMME

Prior to the conference, as an optional value-add, a Delegation Programme visiting Shenzhen and Hong Kong, with networking opportunities,

took place from 1-3 November 2016. Delegates from DIHK and several IHKs participated in the full three-day programme, and were joined in part by the Parliamentary State Secretary Brigitte Zypries, BMWi officials, as well as an Australian delegation led by Australia’s Finance Minister Mathias Cormann and other AHK representatives from Asia Pacific.

BREAKFAST SESSIONS

Each morning, breakfast sessions accompanied the main programme where Ambassadors, Consul Generals and Heads of German Chamber of Commerce Worldwide (AHK) reported on current developments andexperiences from their responsible region. These morning sessions have become an integral part of the APK over the past few years, this time delivered not only in German language, as participants and talking points have gained interest from both sides.


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CONFERENCE OPENING

“The fifteenth APK is being attended by around one thousand participants. That’s an impressive figure and it shows just how important this region is to German business. We also have a record number of speakers and participants from the Asia-Pacific region here with us, representing government and business.”

Sigmar Gabriel - Vice-Chancellor and Federal Minister for Economic Affairs and Energy, Germany

“Through sharing of insightful and constructive views among distinguished speakers, I am sure you will come up with inno-vative ideas to tap the thriving business opportunities in the Asia-Pacific region. I would like to thank the German government and business community for choosing Hong Kong as the host city for the conference this year. This is a strong testimonial underscoring Hong Kong‘s advantages as the premier business, investment and logistics hub in the Asia-Pacific region and an ideal bridgehead to the thriving regional market.” Gregory So - Secretary for Commerce and Economic Development, HKSAR Government

MINISTERS’ DIALOGUE

l-r: Gregory So - SCED, HKSAR Government | Minister Thomas Lembong - Chairman of Indonesia Investment Coordinating Board | Hubert Lienhard - APA Chairman, President and CEO, Voith GmbH | Sigmar Gabriel - Vice-Chancellor and BMWi, GermanySession Chair: Jürgen Fitschen - Senior Advisor - former CEO, Deutsche Bank AG | Hon. Ranil Wickremesinghe - Prime Minister of Sri Lanka | Atchaka Sibunruang - Minister for Industry, Thailand | Eric Schweitzer - President, Association of German Chambers of Commerce and Industry (DIHK e.V.) | Mathias Cormann - Minister for Finance, Australia

Hubert Lienhard - APA Chairman, President and CEO, Voith GmbH

Eric Schweitzer - President, Association

of German Chambers of Commerce and Industry

(DIHK e.V.)


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GIC: #APK Hong Kong

THE FUTURE OF THE WORLD ECONOMY

One trend the panel concluded was that the centre of economic gravity is moving eastwards. The Asia-Pacific region will continue to be the main driver of global growth. At the heart of this long term global shift is China. Although the country’s growth is relatively slow compared to previous years, it is still enormous in absolute terms. The way the Chinese leadership will manage the country’s so far somewhat rocky transformation towards more sustainable and qualitative growth will have a huge impact on the region and beyond.

l-r: Moderator: John Dawson - Director, Artemis Associates; former Bloomberg TV Anchor | Andreas Dombret - Member of the Executive Board, Deutsche Bundesbank | Edward Tse - Founder & CEO, Gao Feng Advisory Company | Mathias Cormann - Minister for Finance, Australia

MOBILITY AND URBANISATION – CITIES OF THE FUTURE

Mobility is seen as a key factor in a successful city. Hong Kong snatched the seventh spot in the ranking – considering the expansion of six metro lines and with the future Hong Kong-Zhuhai-Macau Bridge, the city will undoubtedly further rise in the ranking. But no matter how we define the cities of the future, cars will remain an integral part: even if car ownership might be in decline in some parts of the world, overall car density in markets like China is far from exhausted. In the end, the growth of our cities will be driven by forward-thinking mobility solutions.

Moderator: John Dawson - Director, Artemis Associates; former Bloomberg TV Anchor | Qingwen Wu, Executive Director, Tehnical Engineering SAIC Volkswagen | Peter Tyroller - Member of the Board of Management, Robert Bosch GmbH | Phyllis Li - Deputy Director of Planning / Territorial Planning Department, HKSAR Government | Hubertus Troska - Member of the Board of Management, Daimler AG | Hiroo Ichikawa - Executive Director, The Mori Memorial Foundation


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INDUSTRIE 4.0

Digitisation is a must: Digitisation was one of the major subjects at the APK 2016, and it matters greatly for the future of Germany as a business location. ‘Platform Industrie 4.0’ is an initiative of 250companies, with another 7,000 linked to it. This topic has been hot since many years. This year’s dis-cussion in the arena was shaped by questions on trendsetting in IT, on cyber security, software matched by hardware advancement, and on the changes that Industrie 4.0 has introduced to business models and of social acceptance of it.

CORPORATE FINANCING IN A WORLD OF DIVERGING GROWTH PERFORMANCE

This focused on financing conditions in Europe and Asia in an environment where growth prospects across the global economy remain uneven. The influence of tighter banking regu-lation as an outcome of the financial crisis was seen as a factor that makes banks more risk-averse in general. But negative consequences for the financing business in Asia have not been reported so far.

Michael Reuther - Member of the Board of Managing Directors, Commerzbank AG | Hubertus von Baumbach - Member of the Board of Managing Directors, C.H.Boehringer Sohn AG & Co KG | May Tan - CEO, Standard Chartered Bank (Hong Kong) Limited | Masahiko Mori - President, DMG MORI Co., Ltd.Moderator: Bryan Curtis - Director, Curtis Mediaworks

l-r: Tom Enders - CEO, Airbus Group | Jeff Schumacher - CEO, BCG Digital Ventures | Till Reuter - CEO, KUKA AG Session Chair: Clas Neumann - Senior Vice President and Head, Global SAP Labs NetworkChallengers: Ken Hu - Deputy Chairman of the Board, Rotating CEO, Huawei | Masahiko Mori - President, DMG MORI Co., Ltd. | Axel Stepken - CEO, TÜV SÜD AG

BUSINESS LOCATION GERMANY – STRATEGIES FOR SUCCESSFUL MARKET ENTRY

Moderator: Bettina Wassener - Senior Writer, HSBCMatthias Machnig - State Secretary, Federal Ministry for Economic Affairs and Energy, Germany | Jeff Bi - CEO, Greatview Aseptic Packaging Co. Ltd. | Jie Lin - CEO, Phicomm Europe GmbH | Kaz Nishihata - Executive Vice President and Director of the Board, NTT DATA Corporation | Kazuya Obe - Member of the Managing Board and Senior Executive Officer Managing Director, Sysmex Corporation


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GREENING ASIA: BUSINESSES AND TECHNOLOGIES FOR A BETTER ENVIRONMENT

l-r: Moderator: Mark Clifford - Executive Director, Asia Business Council Sanjeev Gandhi - Member of the Board of Executive Directors, BASF SE |Hiroaki Nakanishi - Executive Chairman, Hitachi, Ltd. | Axel Schweitzer - CEO, ALBA Group plc & Co. KG | Kan Trakulhoon - Director and Chairman of the Management Advisory Committee, Siam Cement Public Company Limited

TRADE POLICY IN THE 21ST CENTURY: HOW TO PROMOTE TRADE?

l-r: Dato’ Sri Mustapa bin Mohamed - Minister of International Trade and Industry, Malaysia | Hubert Lienhard - APA Chairman, President and CEO, Voith GmbH | Sigmar Gabriel - Vice Chancellor and Federal Minister for Economic Affairs and Energy, Germany Session Chair: Karl Brauner - Deputy Director-General, World Trade Organisation | Helen Wong - Chief Executive, Greater China, HSBC | Hon. Todd McClay - Minister of Trade, New Zealand | Klaus Josef Lutz - CEO, BayWa AG

FROM E-COMMERCE TO MOBILE-COMMERCE – ADJUSTING TO TOMORROW’S CUSTOMERSAlexander Roth - Managing Director, foodpanda Hong Kong | Frank Riemensperger - Geographic Senior Managing Director Austria, Switzerland and Germany, Accenture | Louis Li - Deputy General Manager, JD Worldwide | Moderator: Edge Zarrella - Clients and Innovation Partner, KPMG China

INFRASTRUCTURE IN ASIAModerator: Julian Vella - ASPAC Head of Global Infrastructure, KPMG Advisory Services Ltd., Hong Kong | Roland Busch - Member of the Managing Board, Siemens AG | Lincoln Leong - CEO and Member of Corporate Responsibility Committee, MTR Corporation Limited | Martin Herrenknecht - Chairman of the Board of Management, Herrenknecht AG | Juzhong Zhuang - Deputy Chief Economist & Deputy Director General of the Economic Research and Regional Cooperation Department

CSR - VALUE-DRIVEN BUSINESS STRATEGIESModerator: Peter Lewis - RTHK Radio 3 | Hans Michael Jebsen - Chairman, Jebsen Group| Celina Chew - President Bayer Group Greater China, Bayer (China) Ltd. | Christoph Winterer - Operating Partner Metro Group Wholesale & Food Specialist Company, Member of the Board Metro Cash & Carry

GIC: #APK Hong Kong


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POLITICAL STABILITY AND SECURITY IN ASIA-PACIFICl-r: Richard Hu - Professor and Head, Department of Politics & Public Administration, University of Hong Kong |Lay Hwee Yeo - Director of the European Union Centre, Singapore | Hon. Kevin Rudd - 26th Prime Minister of Australia and President of Asia Society Policy Institute Moderator: Ambassador Wolfgang Ischinger - Chairman, Munich Security Conference | Hideshi Tokuchi - Former Vice-Minister of Defence for International Affairs, Japan | Markus Ederer - State Secretary, Federal Foreign Office, Germany

ASIA-PACIFIC – TOMORROW’S DRIVER OF GLOBAL INNOVATION

20 years ago, China was a customer, ten years ago a partner, today it is a partner and competitor. An increasing share of disruptive innovationwill come from Asia, in particular from China, where in the last decade tremendous progress has been made with regard to the number of patent registrations. Laboratories such as the Dalian Institute are closing the gap of sophistication in research capability rapidly, or have levelled-up already.

NATIONAL ECONOMIC POLICIES – BOON OR BANE?l-r: Session Chair: Victor K. Fung - Group Chairman, Fung Group | Naushad Forbes - President, Confederation of Indian Industry (CII) |Ulrich Grillo - President of the Federation of German Industries (BDI); Chairman of the Executive Board of Grillo-Werke AG | Terry Gou - Founder and CEO, Foxconn Technology Group |Joe Kaeser - President and CEO, Siemens AGNobuko Kobayashi - Partner, A.T. Kearney K.K.

l-r: Martin Brudermüller - Vice Chairman of the Board of Executive Directors and Chief Technology Officer (CTO), BASF | Moderator: Tara Joseph - Chief Correspondent, Asia, Thompson Reuters | Albert Wong - CEO, Hong Kong Science and Technology Park | Haruhiko Hirate - Corporate Officer, Takeda Pharmaceutical Company Limited


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Martin Herrenknecht Chairman of the Boards of Management, Herrenknecht AG

Joe Kaeser President and CEO, Siemens AG

Hans Michael Jebsen Chairman, Jebsen Group

Jürgen Fitschen Senior Advisor - former CEO, Deutsche Bank AG

Axel Stepken CEO, TÜV SÜD AG

Tom EndersCEO, Airbus Group

Till ReuterCEO, KUKA AG

Nikolaus Graf Lambsdorff German Consul General to Hong Kong Hubertus Troska

Member of the Board of Management, Daimler AG

Michael Reuther Member of the Board of Managing Directors, Commerzbank AG

Unparalleled Line-up of Top Level International CEOs and Political Leaders!It was also our utmost pleasure to have had over 100 speakers at the conference. Amongst them were the who’s who of top leaders in business, associations and governments from Germany and the Asia-Pacific region. We appreciated their labours and give thanks to all the speakers, session chairs and moderators for sharing their first-hand knowledge and outlooks. Here is a glimpse of a few:

GIC: #APK Hong Kong

Martin Brudermüller Vice Chairman of the Board of Executive Directors and Chief Technology Officer (CTO), BASF


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Victor K. Fung Group Chairman, Fung Group

Naushad ForbesPresident, Confederation of Indian Industry (CII) Neotia

Helen Wong Chief Executive, Greater China, HSBC

Kazuya Obe Member of the Managing Board and Senior Executive Officer Managing Director, Sysmex Corporation

Lincoln Leong CEO and Member of Corporate Responsibility Committee, MTR Corporation Ltd.

Hiroaki NakanishiExecutive Chairman, Hitachi, Ltd.

Sanjeev Gandhi Member of the Board of Executive Directors, BASF SE

Masahiko Mori President, DMG MORI Co., Ltd.

Kan Trakulhoon Director and Chairman of the Management Advisory Committee, Siam Cement Public Company Ltd.

Terry Gou Founder and CEO, Foxconn Technology Group

Kazuhiro Nishihata Executive Vice President and Director of the Board, NTT DATA Corporation

Ken Hu Deputy Chairman of the Board, Rotating CEO, Huawei


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Ambassador Wolfgang IschingerChairman, Munich Security Conference

Hon. Ranil Wickremesinghe Prime Minister of Sri Lanka

Atchaka SibunruangMinister for Industry, Thailand

Mathias Cormann Minister for Finance, Australia

Ambassador Michael ClaussGerman Ambassador to People’s Republic of China Karl Brauner

Deputy Director- General, World Trade Organization

CY Leung Chief Executive of Hong Kong

Brigitte Zypries Parliamentary State Secretary, Federal Ministry for Economic Affairs and Energy, Germany

Dato’ Sri Mustapa bin Mohamed Minister of International Trade and Industry, Malaysia

Hon. Todd McClay Minister of Trade, New Zealand

Minister Thomas Lembong Chairman of Indonesia Investment Coordinating Board

Hon. Kevin Rudd 26th Prime Minister of Australia and President of Asia Society Policy Institute

GIC: #APK Hong Kong



Karl Brauner Deputy Director-General, World Trade Organization

SUPPORTING ORGANISATIONS

MEDIA PARTNERS

SPONSORSDiamond

Platinum

Gold

Silver

Breakfast Sessions

ORGANISERS

CO-OPERATION PARTNERS

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of the German Chamber of Commerce and Industry (IHK) Koblenz, Germany, the International Culinary Institute in Hong Kong (part of the Vocational Training Council) provides relevant courses and examinations for chefs to undergo Trade Tests in Western Cuisine.

27-29 AUG 2016 Think Asia, Think Hong Kong For the first-time, Hong Kong’s flagship overseas promotion event ‘Think Asia, Think Hong Kong’, organised by the Hong Kong Trade Development Council (HKTDC) was held in Germany and in four locations: Düsseldorf, Frankfurt, Hamburg and Munich to provide business people from various sectors with the opportunity to learn more about the business environment in Hong Kong, the Chinese mainland and Asia, in addition to expanding their networks. GIC/GCC were active partners to the delegation. The programme comprised of thematic seminars and panel discussions featuring business leaders from Germany and Hong Kong, as well as on-site consultations and business matching sessions connecting German business people with Hong Kong services providers to explore partnership opportunities.

20 JUL 2016 Deputy Chairman of the Friedrich Naumann Foundation, Prof. Karl-Heinz Paqué, former Minister of Finance of the Land of Saxony-Anhalt MeetingMeeting and assistance to set-up the Foundation Regional Office for Southeast and East Asia in Hong Kong.

28 JUL 2016 The Global Commercial Newspapers Union’s Hong Kong Economic Forum 2016 Mr. Wolfgang Niedermark was an invited speaker.

10 AUG 2016 Student Briefing: Baden Wuerttemberg Co-operative State University, Karlsruhe

19 AUG 2016Western Cuisine Trade Test Award PresentationMr. Wolfgang Ehmann awarded Master Chefs, Trainer Chefs and Certified Cooks their joint professional certificates this year. In collaboration with the German Culinary and Restaurant Academy

GIC Delegation / Visits / Special Events 2016 - 2017

Connecting People

GIC / GCC at Think Asia Think, Hong Kong



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30 SEP 2016 94th International Business Committee (IBC) meeting

20 JAN 2017 95th International Business Committee (IBC) meeting

13 FEB 2017 International Business Committee (IBC) meeting and Lunch Reception

26 MAY 2017 96th International Business Committee (IBC) meetingThese regularly held meetings with the Chief Secretary of Administration and the representatives of the International Business Community in Hong Kong provide for open dialogue and feedback from all parties.

03 OCT 2016 Student Briefing: Hamburg School of Business Administration

18 OCT 2016 Deutsche Bank: Oktoberfest Asia Investment Forum Hong KongMr. Wolfgang Niedermark was an invited speaker.

02 NOV 2016Delegation of German ParliamentariansGIC held a briefing and hosted a lunch to this group of Parliamentarians inclusive of: Ms. Dagmar Schmidt (SPD), Dr. Hans-Peter Uhl (CDU/CSU), Stefan Liebich, DIE LINKE, Lothar Wilhelm Bindng (SPD), Özcan Mutlu (Bündnis 90 / Die Grünen), and Mr. Franco Liccione (Secretariat of the Parliamentary Group.)

03-05 NOV 2016Asia-Pacific Conference of German Business (APK)Highlights on earlier pages.

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On September 28th, at the seminar in Düsseldorf, GCC members Hans Michael Jebsen, Chairman, Jebsen Group; Dr Martin Brudermüller, Vice Chairman of the Board of Executive Directors, BASF SE; James E. Thompson, Chairman, Crown Worldwide Group; Michael Hennig, Managing Director and CEO, Aumund Asia (H.K.) Ltd.; and Hans Joachim Isler, Managing Director, H.D. Isler & Co. Ltd. and GCC President; and Sabine Stricker-Kellerer, Senior China Counsel, Freshfields Bruckhaus Deringer LLP were guest speakers sharing their insights on selling to Hong Kong/China and throughout Asia. In Hamburg on 29th September, Mr. Jebsen again spoke in a session dedicated to The Belt and Road: Sailing through the International Logistics and Maritime Hub – Hong Kong.

The Global Commercial Newspapers Union‘s Hong Kong Economic Forum

Business Consulting Day in Hessen

GIC / GCC at Think Asia Think, Hong Kong


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27-28 NOV 2016Baby and Toddler Products & Educational Toys Trade MissionFor full description see Business Service section.

30 NOV 2016Delegation Briefing: IHK Offenbach

17 JAN 2017 Student Briefing: Hong Kong Baptist University European Studies

14 FEB 2017 Delegation of DZ VorstandA delegation consisting of Deputy Chairman of the Board, Mr Wolberg, Mr Berghaus and four Presidents of Volksbanken visited Hong Kong and GIC (with a briefing) during their Asian Business trip.

27 FEB 2017 AHK Asia-Pacific Regional MeetingDIHK/AHK colleagues and business representatives from Asia gathered for three days of discussions in Bangkok. This biennial conference of German Chambers of Commerce Worldwide Network (AHK) in Asia-Pacific is one of the most important meetings to discuss current affairs and strategy among the AHK offices in Asia and with partners from the business sector and stakeholders.

02 MARCH 2017BDI – The Federation of German Industries DelegationRepresentative from BDI, Joachim Lang, Markus Kerber and Hanna Mueller visited Hong Kong. In the morning GIC help to organise a visit to the Hong Kong Science Park with roundtable discussions and visit to start-up Hanson Robotics. After which the group had a briefing and lunch with GIC and GCC representatives.

23 MARCH 2017State Secretary Gunther Adler’s VisitDuring the visit of the State Secretary, Federal Ministry for the Environment, Nature Conservation, Construction and Nuclear Safety (BMUB) to Hong Kong. A morning briefing and discussions were organised with GIC and some representatives of German speaking members from the Building Energy Efficiency Industry.

24 MAR 2017 Delegation Briefing: CDU-Bürgerschaftsfraktion (CDU Parliamentary Fraction of Bremen

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19 JUN 2017 IHK / AHK Greater China Workshop, HannoverRepresentatives from the AHK Greater China took part in the annual IHK/AHK Greater China Workshop this year at the IHK Hannover. Discussions and brief-ings took place with 20 IHK colleagues responsible for the Asia-Pacific region.

20 JUN 2017 Business Consultation Day Hessen, FrankfurtWolfgang Ehmann participated in the 4th Hessischer Aussenwirtschaftstag co-ordinated by the IHK Frank-furt am Main. Individual consultations with 70 AHKS were offered in the morning, as well as workshops in the afternoon, for especially Hessian companies that are already active internationally or plan to be. There were over 400 participants at this event.

21 JUN 2017 Greater China DayOrganised by German Industry and Commerce Greater China / German Chamber of Commerce in China in co-operation with IHK Cologne. This is the Greater China Region’s annual signature event, where opportu-nities and challenges for German SMEs doing business in Greater China, as well as the economic and political changes in the region are subject of lively debates. Among the many speakers were: German Ambassador to Beijing Michael Clauß, Dr. Eckhard Franz, Director-General, External Economic Policy, BMWi, Eberhard Brodhage, Treasurer of the German Chamber of Commerce, Hong Kong and General Manager, Commerzbank AG Hong Kong Branch, Heads of AHK Greater China offices and Chairpersons/members of the Chambers in China and Hong Kong. Wolfgang Niedermark, Chief Representative, German Industry and Commerce (AHK Hong Kong) moderated the work-shop debate on ‘Green technologies ‘Made in Germany’: German model offers opportunities’.

27 JUN 2017 Presentation: Building Energy Efficiency in Hong Kong, Baden-BadenGIC had prepared in 2017 a comprehensive market analysis on Energy Efficiency in Buildings in Hong Kong, funded by the German Federal Ministry of Economic Affairs and Energy (BMWi) as part of the German Energy Solutions Initiative. A presentation of the study and promotional event for a potential dele-gation to Hong Kong was held in Baden-Baden in the summer. German companies operating in the field of energy efficiency in buildings, who can offer relevant technologies and who have an interest to explore busi-ness opportunities in Hong Kong and China were in the audience and are prime target group for attending this future delegation (details to be announced).

30 JUN 2017 Briefing and discussions with Ralf Beste, Federal Foreign OfficeGIC and representatives of GCC met with Mr Beste, Head of Planning Staff at the Federal Foreign Office in Berlin.


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A NEW NATIONAL SPORT FOR GERMANY…?

Tom Gerigk is a man with a mission. He likes to play, in business with toys and his pastime soccer. Besides, he is determined to bring German rugby on to the world stage at a time when most of us would scratch their heads when asked if there was a German national rugby team at all.

After 24 years, the German rugby team had once again qualified to participate in the Hong Kong Sevens 2016 and on Tom’s initiative, who is also a member of the GCC committee, members were given the

opportunity to get up close and personal with the team during a networking event at Mercedes Me. Players and coaches were happy to mingle with guests, pose for countless photographs, and answer questions throughout the evening. A new tradition had been born, with members’ feedback overwhelmingly positive, and GCC will continue to support that tradition as it has supported the second evening event with the German rugby team hosted by Consul General Graf Lambsdorff at his residence in 2017. Now it’s up to the players to stay in the game, so that we can all look forward to the coming years of events!

“Super event, definitely not to be missed!”

GCC CONTINUOUSLY STRIVES TO

INCREASE MEMBERS’ ENGAGEMENT

IN CHAMBER ACTIVITIES.


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“Finally, after so many years watching our beloved, colourful and exciting Hong Kong Sevens, our German Rugby team was part of this mega sports event and made a very impressive return. At a member’s networking event, we also had a great chance to meet the Rugby team up close and hear their stories. It was a super event, definitely not to be missed!” Franz Loschko

“It was the first time that I helped to organise such an event with the German Chamber of Commerce. Due to the incredible help and support of the Chamber, Mercedes Benz as well as Nicholas Graf Lambsdorff and his wife Marcie were able to host the German Rugby 7s National Team for the casual ‘meet & greet’ events.

The first event was an unforgettable evening with the players and the German community. Everyone who met those young players was amazed by their patience, kindness and openness. They answered all our ‘naïve’ Rugby questions, posed for photos / selfies and as much as we did, you could see how they enjoyed the evening as well.” Tom Gerigk

FAREWELL TO THE LAMBSDORFF FAMILY

Another man with a mission was departing German Consul General Nikolaus Graf Lambsdorff. The Chamber organized a farewell reception in his honour and as a token of appreciation to him and his wife Marcie for four years of hospitality and unfailing support to the German community in Hong Kong, in business, politics, arts and philanthropy. The Lambsdorff term coincided with unprecedented political changes in Hong Kong that culminated in the occupy movement shortly after his arrival. Graf Lambsdorff was never shy speaking his mind and what he thought was right for Hong Kong. For his outspokenness, he was a much sought-after interview partner for the media and early on earned respect and admiration in the community, who saw their own thoughts mirrored in his utterings. He was both the full-blooded diplomat and at times of private conversation refreshingly candid and undiplomatic; consistently liberal in his views, never offensive. We owe him, his wife and his stoically calm dog Theodor Alexander.

Contact us and be the partner for the next event collaboration ……

Follow # GCCHK on LinkedIn and Twitter



FALL IN LOVE WITH … ASPARAGUS

Have you ever tasted (or even heard of) white asparagus ice-cream?

If not, all you need to do is sign up for the next White Asparagus and German Wine Pairing Dinner, which is now in its 4th year, and was brought to Hong Kong by the in-itiative of Mr. Thomas Hoeborn, General Manager of the Conrad Hong Kong.

With the white asparagus flown in from Germany in early May, the head chef had chosen the best harvest period and ensured

the fresh produce was served in best condition to the guests. The carefully planned menu and pairing with Bachmair wines provided a sumptuous dining experience to members and friends of GCC. See you in next May!

“Still recall the perfect match of White Asparagus ice-cream served with Strawberry mille-feuille. The dinner was so perfectly arranged with good quality wine pairing. It’s value for money!”

Guenther Rittner

Y E A R L Y S P O N S O R S 2 0 17 - 2 0 18 :

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You will Benefit from Our Services

GCC offers members an international network, promotional platform, business and trade fair services, training and recruitment, as well as assistance with legal information and VAT refund, dispute resolution, and corporate social responsibility.

As a Member you will receive complimentary: And:

German Chamber – Your Business AdvantageA German Chamber membership will be one of your best business assets if you want to do business in Hong Kong, Germany and Greater China. Whatever your business needs are - GCC can help. Through the global partnership with the German Chambers of Commerce Worldwide Network (AHK), which is officially mandated to promote trade and investment between Germany and its host countries, GCC members have unique and privileged access to a host of services, network contacts, and resources that go far beyond the scope a typical chamber usually provides.

E X P O S U R E

Company / Personal profile listing in the membership directory, GC.comm and German Company Directory, as well as listing within the ‘membership list’ on the chamber’s webpage. Further your exposure by presenting your company’s services and facilities to members through GCC events

P U B L I C I T Y

Through GC.comm, GIC/GCC Annual Report, GCC LinkedIn, the GCC Website and various sponsorship opportunities

M A R K E T I N G

Yearly promotional opportunity using the chamber’s corporate promotion service (corporate members only)

I N F O R M A T I O N

Subscriptions to GIC/GCC’s numerous publications

E S T A B L I S H

Business contacts with the German, local and inter-national business communities through events and delegations

B E R E P R E S E N T E D

GCC represents its members’ interests by keeping in close contact with important government bodies, and participating in international & local business committees

C O M M U N I C A T E

With influential speakers and government policy- makers and exchange ideas / information / support with other members

J O I N

Events to acquire the latest business trends / opinions, and gain a competitive edge

A D D E D V A L U E

Special offers and services exclusively provided to members

E N J O Y P R E F E R E N T I A L R A T E S

For GIC/GCC products and services



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C H I N A U P D A T E

23 AUG 2016 Joint Chamber Cocktail Presentation

2H 2016 Market Outlook - China in Economic TransformationMr. Dong Tao, Senior Advisor, Credit Suisse Private Banking Asia PacificMr. Urs Rohner, Chairman of the Board of Directors, Credit Suisse Group AG began the evening with introductions. The main speaker, Mr. Dong, gave estimation about China’s economic growth. Based on descriptive examples of recent economic developments and trends, he spoke about China’s monetary policies, major risks and catalysts to watch in this field in the second half of 2016. A vivid Q&A session followed at the end of the presentation as well as a cocktail reception sponsored by Credit Suisse, when participants networked together. This event was held at Credit Suisse AG Hong Kong Branch and organised by Austrian, German and Swiss chambers.

21 SEP 2016Joint Chamber Breakfast Presentation

China Realities - What We Really Need to Know About China• Dr. Willy Lam, Adjunct Professor at CUHK & Author• Mr. W. John Hoffmann, Co-founder & Principal of

Exceptional Resources GroupThe event was organised by the Swedish Chamber.

26 OCT 2016Dinner Seminar

Chasing the Chinese Consumer – Real Life Stories• Mr. Martin Verdult, Head of Operations Ogilvy

One China & Shanghai Group, Ogilvy & Mather• Mr. Marco Hamers, COO Retail,

Groupe Beaumanoir China• Mr. Kevin Bush, General Manager,

Danone Nutricia Early Life Nutrition• Mr. Peter Pottinga, General Manager,

Harbour Grand KowloonModerator: Mr. Arnout van Rijn, Chief Investment Officer, Robeco Asia PacificOrganised by the Dutch Chamber.

15 MAR 2017Joint Chamber Cocktail Presentation

Behind the Scenes at Huawei Technologies: Fireside Chat with Walter Jennings, Vice President, Corporate Communicationsorganised by the Swedish Chamber.

F I N A N C E / T A X

01 SEP 2016 Joint Chamber Luncheon

Crisis in Europe: No End in Sight?Dr. Joerg Kraemer, Chief Economist of CommerzbankDr. Kraemer gave a comprehensive overview of the recent economic and political developments in Europe, China and the USA. According to Dr. Kraemer, incidents like the Brexit show that the EU is in need of a clear, and perhaps new vision to reinforce cohesion among the member states.

15 NOV 2016Lunch Seminar

Corporate Treasury Centre Incentive in Hong Kong - Opportunities and Limitations• Mr. Claus Schuermann, Partner – International Tax,

Deloitte China (Hong Kong)• Ms. Samantha Tan, Tax Senior Manager International and

M&A Tax Services, Deloitte China (Hong Kong)

Activities


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Activities

14 MAR 2017Lunch Seminar

Tax and Legal Implications of International Assignments• Ms. Connie Lee, Head of Tax, WTS• Mr. Russell Bennett, Partner, Tanner de Witt

D I G I T A L B U S I N E S S

14 JUL 2016Joint Chamber Breakfast Seminar

How Do Retailers Achieve the Optimum Customer Journey in the Age of Digital?• Mr. Luke O’Shea, Head of Marketing and Sales (APAC),

Rapha• Mr. Guy Parsonage, Partner, PwC Experience Centre• Mr. Gerard Killeen, Head of Global Digital Marketing and

CRM, Infiniti Global Office (Hong Kong)Moderator: Mr. Paul Redmayne-Mourad, Asia-Pacific Brand Manager, David Morris and Chair of the Luxury & Retail Committee, BritChamThe event was organised by the British Chamber

06 SEP 2016Seminar

The CFO Transformation

• Mr. Ben Shu, General Manager, Analytics Center of Excellence Greater China, SAP

• Mr. Edmund Lee, Partner Advisory, PwC• Mr. David Liu, GRC Solution Director, Greater China, SAP

• Mr. Alan Cohen, VP Payables Business Development & Strategy, SAP Ariba

• Mr. Greg Wong, Director Analytics, Centre of Excellence, BI, Greater China, SAP

The digital world is transforming business models of virtually every enterprise. CFOs face tremendous pressure to balance the needs of the organisation with external demands to create sustainable excellence and demonstrate the value it adds. This half day seminar sponsored and held at SAP’s Hong Kong office addressed how CFOs can adapt to it.

16 MAR 2017Joint Chamber Lunch Seminar

The Evolution of E-Commerce - How Amazon and Alibaba Are Pointing the Way Ahead• Mr. Filippo Buzzi, Head of Italian Desk, Fidinam Hong

Kong Ltd.• Mr. Lug Giroud, Co-founder, WILDThe event was organised by the Italian Chamber

11 APR 2017Joint Chamber Lunch Seminar

E-Commerce Trends in China and Hong Kong• Mr. Anson Bailey, Head of Consumer Markets, KPMG• Mr. Terry Chan, Board Committee of Hong Kong

Federation of E-Commerce, HKFEC• Mr. Giovanni Musillo, Head of Acquisition, ZALORAThe event was organised by the Italian Chamber

18 MAY- 5 DEC 2017 Joint Chamber Seminar

Chinese Social Media Series 2017Ms. Ashley Galina Dudarenok, Managing Director, ChoZanAshley

The Joint Chamber Seminars – Chinese Social Media Series had a successful start with its first seminar in May. Ms. Dudarenok gave an introduction to the fast-growing instant communication platforms in China – WeChat, and presented how one may utilise the app for communicating, marketing and drive followers to one’s account. This series with nine seminars have been co-organised by the German and Italian chambers.



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18 MAY 2017 | SERIES 1: How to Drive Followers to WeChat

06 JUN 2017 | SERIES 2: How to Find and Manage the Chinese KOLs

29 JUN 2017 | SERIES 3: How to Run Effective Campaigns

18 JUL 2017 | SERIES 4: 360 understanding of China’s most powerful social media

05 SEP 2017 | SERIES 5: Marketing Channels or CRM Tools

28 SEP 2017 | SERIES 6: How to Advertise on China’s most popular Social Media19 OCT 2017 | SERIES 7: Everything You Need to Know about WeChat for Business and Marketing

23 NOV 2017 | SERIES 8: 5 steps to getting started on Weibo

05 DEC 2017 | SERIES 9: How live streaming has revived Weibo and is making social sales possible

25 MAY 2017Lunch Seminar

Omnichannel E-Commerce – Leveraging the Power of Offline and OnlineMr. Patrick Deloy, Managing Director, Bluecom (Isobar Commerce)

B U S I N E S S / T R A D E

12 OCT 2016Joint Chamber Lunch Seminar

Beyond KPI Figures: Explore, Discover & Activate your Retail SuccessMr. Emanuele Schmidt, Business Consultant and President of MIDAThe event was organised by the Italian Chamber

17 NOV 2016Lunch Seminar

Innovative Cash Flow Management Solutions for Global Business DevelopmentMr. Clifton Tong, Head of Sales, DS-Concept

16 FEB 2017InterSME Breakfast Seminar

Handling Crisis and Change as an SME• Mr. Totti Karpela, CEO of Peace of Mind Ltd.• Mr. Argha Sen, Founder and Entrepreneur of Gormei• Mr. Stefano Passarelo, Managing Partner and Founder

of People & ProjectsModerator: Mr. Joshua Miller, CEO of OKAY.comThe event was organised by the Italian and Finnish Chambers

17 FEB 2017Joint Breakfast Seminar

Business Outlook 2017: The Impact of Global Disruption on the Hong Kong Economy

• Mr. Achim Haug, Chief Representative, Germany Trade & Invest

• Mr. Julian Vella, ASPAC Head of Global Infrastructure, KPMG

• Mr. Helmuth Hennig, Group Managing Director, Jebsen & Co. Ltd.

Moderator: Mr. Wolfgang Niedermark, Chief Representative, German Industry and CommerceIn this joint breakfast seminar of the GCC, GTAI and KPMG, Achim Haug, Chief Representative of Germany

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Trade & Invest, and Julian Vella, ASPAC Head of Global Infrastructure of KPMG gave their overview of the Business Outlook 2017, considering financial, economic, as well as political factors on a global scale. In addition, they emphasised how German and international companies in Hong Kong are impacted by the fast-changing environment and rising challenges of doing business; which initiatives offer Hong Kong opportunities; and where pockets of growth and opportunities are.

2 MAR 2017Joint Chamber Tourism Symposium:

Hong Kong’s Attractiveness: Challenges and OpportunitiesThe event was organised by the French Chamber

16 MAR 2017Sourcing Symposium

Made in Asia: The End of the Middleman: Is sourcing as we know it dying?Guest of Honour: Mr. Gregory So, Secretary for Commerce and Economic Development The event was organised by the French Chamber

25 APR 2017Lunch Seminar

Data Privacy: Refreshing Key Principles and Reviewing New DevelopmentsMr. Claudio de Bedin, Partner, de Bedin & Lee LLPMs. Helen Morris, Partner, de Bedin & Lee LLP

P E R S O N A L / L A N G U A G E I N T E R E S T

09 JAN - 08 MAY 2017 (FIRST CLASS)11 MAY - 27 JUL 2017 (RE-RUN CLASS)Joint Chamber Cantonese Class – Beginner CourseThe event was co-organised with Italian Chamber

15 MAR 2017Workshop

Optimum Insurance Packages for German Expatriates working in Hong KongMr. Sven Janssen, Insurance Broker, Hofmann Versicherungsvermittlungs GmbH

E N V I R O N M E N T & S U S TA I N A B I L I T Y

13 OCT 2016Joint Chamber Lunch Seminar

Sustainability Series: ESG and Its Impact• Ms. Ellie Pang, Vice President, Policy and Secretariat

Services Unit, Listing Department Hong Kong Exchanges and Clearing Ltd.

• Mr. Mark Harper, Sustainable Development Manager, John Swire & Sons (H.K.) Ltd.

• Mr. Joseph Tong, Manager, Sustainability Management. Fuji Xerox (Hong Kong) Ltd.

• Prof. Carlos Lo, Department of Management and Marketing, The Hong Kong Polytechnic University

Moderator: Ms. Fiona Donnelly, Business Development Lead & Co-founder, The Purpose BusinessThe event was organised by the Australian Chamber

08 NOV 2016Joint Chamber Breakfast Seminar

Hong Kong, Air & Water Quality, Where Do We Stand? - Challenges and Opportunities for the Business Community• Mr. Simon Ng, Independent Consultant, Former Chief

Research Officer of Civic Exchange• Mr. Doug Woodring, Co-founder, Ocean Recovery AllianceModerator: Mr. Paul Zimmerman, Environmentalist, CEO of Designing Hong Kong, Southern District Council member for PokfulamThe event was organised by the Dutch Chamber

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A G M

30 NOV 2016Annual General Meeting 2016 of the German Chamber of Commerce, Hong KongThe Annual General Meeting and Luncheon was held at the Hong Kong Club. The committee members for 2016-2017 were elected by members during the meeting, and announced at the luncheon that followed. This year’s luncheon speaker, Nikolaus Graf Lambsdorff, Consul General of the Federal Republic of Germany in Hong Kong spoke on the ‘Lessons of the Bonn Republic’. The topic was highly engaging and thought-provoking with the Consul General delivering his perspective on the topic – an account of the time, the political development, and the lesson learned. The Q&A discussion after was also a lively discussion.

S O C I A L E V E N T S

10 AUG 20166th Summer Networking CocktailA summer edition of networking presented by four of the major European Chambers of commerce in Hong Kong – the German, French, Dutch and Swedish chambers.

12 MAY 2017German White Asparagus and Wine Dinner 2017The German White Asparagus Wine Dinner was jointly presented by Bachmair Wines, Brasserie on the Eight, Conrad Hong Kong and GCC.

G C . N @ W O R K

GCC Members’ networking cocktails

25 AUG 2016 | GC.N@WORK WELCOME BACK! GC.N@Work @ Fly Bar and Lounge

18 JAN 2017 | GC.N@WORK: @ Garden Cafe Terrace, Conrad Hong Kong

22 MAR 2017 | GC.N@WORK: @ Tott’s and Roof Terrace, The Excelsior Hong Kong

06 JUN 2017 | GC.N@WORK SPECIAL EDITION:@ Mercedes MeIn Honour of German Consul General Nikolaus Graf Lambsdorff

New members introduced at GC.N@WORK.

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C H R I S T M A S E V E N T

09 DEC 2016German Chamber Christmas Party 2016Royal Hong Kong Yacht Club, The PoolsideThe 2016 German Chamber Christmas Party was held at Royal Hong Kong Yacht Club, The Poolside, Causeway Bay. Guests, friends, colleagues and family enjoyed the unique location, with delicious food and unlimited drinks. The evening’s entertainment included: food and wine tasting, live music and dancing and games, table prizes as well as door gifts, and an exciting lucky draw at the end of the evening. The chamber would like to express gratitude and thanks to all the generous sponsors, naming here just the platinum category: BMW Concessionaries, Deutsche Bank HK Branch, Jebsen & Co Ltd. and Mercedes-Benz HK Ltd.

C H R I S T M A S S P O N S O R S 2 0 16 :

Platinum

Gold

Silver

Activities



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M E M B E R S I N V I T E M E M B E R S

26 SEP 2016 CMS Hasche Sigle Opening ReceptionOn the month of German Oktoberfest was happening around the City, CMS Hasche Sigle has invited members of GCC to their new office facility in Central. Guests had great fun to attend an office opening reception in a Bierfest format.

02/09 DEC 2016 Montblanc Jazzy Christmas Night

10 DEC 2016 Gebrüder THONET 1819 Pop-up Store

I N T E R C H A M E V E N T S

InterCham is an alliance of all twenty-seven international chambers of commerce in Hong Kong. It acts as an event working group and aims to raise funds for its InterCham Scholarship Fund, a programme designed to sponsor underprivileged university students in Hong Kong.

THE INTERNATIONAL BUSINESS COMMUNITY LUNCHEON

The International Business Community (IBC) Luncheon is a bi-annual event, organised in co-operation with local chambers and business organisations in Hong Kong, with an average of over 1,000 business executives in attendance every year.

26 JAN 2017Joint Business Community Luncheon: Post Policy Address 2017

Honourable Leung Chun-ying, Chief Executive of the HKSAR

21 MAR 2017Joint Business Community Luncheon: Post Budget Address 2017-2018

The Honourable Paul MP Chan GBS, MH, JP Financial Secretary, The Government of the HKSAR

INTERCHAM YOUNG PROFESSIONALS’ AND CONNECTING PEOPLE COCKTAILS

The InterCham Young Professionals Cocktails and Connecting People Cocktails organised by a sub-committee of the InterCham group, aim to bring like-minded professionals together to mingle and network in an informal environment. Proceeds from the cocktails are donated to a local charity.

30 AUG 201662nd InterCham Young Professionals Cocktail @ Azure Restaurant Slash Bar, Hotel LKF by Rhombus

24 NOV 201663rd InterCham Young Professionals Cocktail @ PLAY, On Hing Building

16 FEB 201764th InterCham Young Professionals Cocktail @ WOOBAR, The W Hotel

16 MAY 201714th InterCham Connecting People Cocktail @ Grand Ballroom, The Mira Hong Kong

For full coverage of events and photos, please visit www.hongkong.ahk.de.

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One tangible example is the wine and spirit industry. The HKSAR government abolished the duties on beer, wine and alcohol (under 30%), and eliminated the related administrative control in February 2008. This leaped Hong Kong into the position of Asia’s wine hub. One of our German clients saw the market potential and came to us early this year to explore the sales channels in the Hong Kong market. The client is a leading fine fruit distillery in Germany with over 150 years’ experience in the industry. Their high-quality artisan craft whisky immediately attracted the attention of the

Business Services

Easy as Dumpling...EVERYTHING IS EASIER WITH THE RIGHT PARTNER

C A S E S T U D I E S :

KILLING TWO BIRDS WITH ONE STONE – WINE & SPIRIT INDUSTRY

With an independent legal system, world-class infrastructure, simple tax regime, function of gateway city to mainland china — Hong Kong — along with its close working relations with the Chinese markets is thus some of the reasons why many German brands plan to enter the Special Administrative region to seize opportunities in the surrounding high-growth markets.


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Our Services Include:

• Sourcing and Sales

• Business Delegations and Customised Events / Special Projects

• Investment Consulting

• VAT Refund

• Market Research

• Translation and Interpretation

• Office in Office / Virtual Office

• Meeting Room Rental

• HR Services

• Personalised Business Services

• Dispute Resolution — Debt Collection — Company Reports

Top Countries Growth Markets 2016-2020

Consumption*in 2016 (VOL.)

Growth 2016-2020

China 151.362 +19.3%

Australia 51.635 -0.2%

Japan 37.585 6.4%

New-Zealand 8.71 2.2%

Hong Kong 3.692 8.9%

South Korea 3.584 12.0%

Taiwan 1.853 14.3%

Philippines 1.617 15.6%

India 1.665 49.2%

Vietnam 1.485 10.9%

*Millions of 9I-cases

Forecast: Imported Still Light Wine Growth in China 2015-2020

local importers, top whisky bars and luxury hotels. At least ten business partners wanted to arrange a face to face meeting with our client to discuss future co-operation opportunities. We were not surprised by the results. On one hand, we are confident in the quality of the ‘Made in DE’ spirits. On the other hand, wine consumption in Asian markets have been growing rapidly, and is overtaking traditional wine consumption markets, as revealed by VINEXPO research. The mainland is also specifically predicted to become the world’s second largest wine market after the US market by 2020.

Hong Kong also has significantly benefited under CEPA, which allows Hong Kong imported wine to go into China under enhanced customs facilitation measures. According to Hong Kong’s trade Statistics, the SAR’s major wine exporting destination is Mainland China (85.9%), and in 2016 total wine exports reached more than 95% when combined with Macau (9.2%). In the coming November, our client plans to participant in the HKTDC Hong Kong International Wine and Spirit Fair for more business matching opportunities and market information. And we will closely assist our client to grab every opportunity and search for the most suitable local partner.

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Business Services

TIGER AND DOLPHIN PARENTS

Despite high living costs and tough competition, Hong Kong parents are increasingly inclined to invest a lot of money in the education of their children. Parents in Hong Kong are reportedly spending more than HK$1 million per child for education from primary school to university, which is about three times the global average. Early childhood education starts as early as 12 months in international playgroups, which prepare toddlers for the competition to get into pre-nursery schools, giving them an advantage in the quest for elite kindergartens, which means better admission chances at prestigious primary school, secondary school, and later at top local or overseas universities.

Extracurricular activities like ballet and violin are a must, or else the children aren’t qualified for the fight. Typically, a child picks up two or three instruments and some sports, while attending various tutoring classes. Hong Kong parents are notoriously known for their Tiger parenting style, described as being strict and demanding, pushing their children to be successful by attaining high levels of academic achievement. Thus, guaranteeing the child’s success and, also, parents a secure retirement plan in the future. With over 7,000 registered tutoring centres, thousands of professional private tutors and international programmes for summer schools abroad, Hong Kong is an ideal place for companies serving the education sector.

A worrying trend has evolved, which sees stressed children as young as five years old seeking psychological help due to parent’s constant worry over competition and urge to keep up with other parents. Some school principals started to rethink the educational curriculum in Hong Kong by acknowledging the massive pressure put on children through overwhelming loads of homework and exam-driven mentality. So-called Dolphin parents that are describes as balanced and collaborative, implementing rules and expectations, but also value independence and creativity of their children, are actively choosing early childhood education institutions such as Montessori or Waldorf, just to name a few. The integrated concept not only covers the child’s education, but also the parents through its holistic approach to education in life.

Such parent groups are actively seeking for sustainable, chemical free, organic baby and toddler products as well as educational toys. Among the most popular products are wooden toys, and brain stimulating smart technology in form of games to learn languages or coding. Products made in Germany enjoy an excellent reputation for their versatile and long-lasting use, in addition to educational benefits that can be passed on over generations. Despite declining birth rate in Hong Kong, the industry for baby and toddler products is growing year on year. Various distributors not only operate in Hong Kong, but also in China Mainland, Macau and Taiwan.

Observing the industry trends and analysing opportunities for German companies, Germany Industry and Commerce Ltd. Hong Kong hosted on behalf of the German Federal Ministry for Economic Affairs & Energy a 5-day trade mission (27.11. – 01.12.2016) for German SME’s offering Baby and Toddler Products & Educational Toys to Hong Kong and Guangzhou. The programme included two half-day seminars at which the participating companies introduced their products and services to a target audience comprising of importers/distributors, online retailers, private education institutions, multipliers and many more. Site visits to early childhood education and child-mother care facilities, shopping mall scouting, as well as individual business matching appointments were organised. The seven participating companies gained valuable insights about the Hong Kong and South China Market, met with potential business partners, and discussed potential market entry strategies including legal frameworks.

Visit at early childhood Education Centre

YOUR PARTNER IN GREATER CHINA

German Industry & Commerce Greater ChinaDEinternational Taiwan Ltd.

Tel Beijing + 86 10 6539 6688 Shanghai + 86 21 6875 8536Guangzhou + 86 20 8755 2353 Hong Kong + 852 2526 5481Taipei + 886 2 8758 5800 Karlsruhe + 49 721 1614 284

Training Services

Vocational Traning Services

Office in Office

Market Entry

Design & Web Services

German Company Directory

Media Consulting

German Chamber Membership

Recruitment Services

Corporate Services

Success

Company & Office Foundation

Legal Services

Exhibition Services

Delegations

Event Management

Building, Energy & Environment - econet china

Sales Support

Sourcing Support

Market Research

As the service provider of the German Chambers of Commerce Worldwide Network (AHK) in Greater China, we support you with your market entry and business development in Greater China and Germany. With more than 250 specialists in Beijing, Shanghai, Guangzhou, Hong Kong, Taipei and Karlsruhe we tailor customized solutions for your business success.

Market Entry Support for your Business Success in East Asia

www.china.ahk.de/servicesDEinternational is the service unit of the German Chambers of Commerce Worldwide Network.

2017 209x292 EN.indd 1 17/10/16 下午4:28



YOUR PARTNER IN GREATER CHINA

German Industry & Commerce Greater ChinaDEinternational Taiwan Ltd.

Tel Beijing + 86 10 6539 6688 Shanghai + 86 21 6875 8536Guangzhou + 86 20 8755 2353 Hong Kong + 852 2526 5481Taipei + 886 2 8758 5800 Karlsruhe + 49 721 1614 284

Training Services

Vocational Traning Services

Office in Office

Market Entry

Design & Web Services

German Company Directory

Media Consulting

German Chamber Membership

Recruitment Services

Corporate Services

Success

Company & Office Foundation

Legal Services

Exhibition Services

Delegations

Event Management

Building, Energy & Environment - econet china

Sales Support

Sourcing Support

Market Research

As the service provider of the German Chambers of Commerce Worldwide Network (AHK) in Greater China, we support you with your market entry and business development in Greater China and Germany. With more than 250 specialists in Beijing, Shanghai, Guangzhou, Hong Kong, Taipei and Karlsruhe we tailor customized solutions for your business success.

Market Entry Support for your Business Success in East Asia

www.china.ahk.de/servicesDEinternational is the service unit of the German Chambers of Commerce Worldwide Network.

2017 209x292 EN.indd 1 17/10/16 下午4:28


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Media and Communication Services

The Millennials have now well entered the work force for over a decade. They have brought in their traits, influenced working cultures, forced (positively and reluctantly) their seniors to embrace more technology, plus changed for good how we all communicate with each other and absorb information via all media. Okay, maybe those younger than mid-30’s are not solely responsible for all of that, since the global media players are all companies with management of all generations recognising and developing paperless, highly accessible, fast paced and multidimensional media, which often are produced in shorter ‘bites’.

Media and Communication output was highly examined at the Asia-Pacific Conference of German Business 2016 (APK). Balancing technology comfort levels with communication needs brought the spotlight on how GIC, APK 2016’s local organiser, could be most effective in its output in today’s era. Website, APP, e-mailings, signage, surveys, promotional materials, Social media, multimedia outputs, as well as multipliers and press relations were all constantly enhanced. For the better part of the year, APK preparations and post production was foremost, and without abandoning our familiar GIC/GCC media.

Live interviews with influential participants and speakers were broadcasted by Global business news channels; Bloomberg and CNBC along with RTHK spread for the first-time live broadcasts from the conference. Social media, questions and polling from the conference APP all brought instant delivery of news, opinions and interactions – 21st century must haves.

Developments for the coming year are strongly influ-enced by the experiences from the conference and the introduction of additional social media participation from the last year.

The Fast and the Future

Print media will not leave us for good, but in our daily consumption they are becoming rapidly fossilised. What counts is speed and impact to attract ever shorter attention spans.

Our available titles & media:

• BusinessFocus Hong Kong

• GIC/GCC Annual Report

• German Hong Kong Business Handbook and Directory

• GC.comm - the business and chamber Magazine

• GIC/GCC Newsflash (English, e-Newsletter)

• Job Report (English, e-Newsletter)

• GIC/GCC Websites – www.hongkong.ahk.de / www.china.ahk.de

20.5 million impressions recorded for #APKHongKong

LinkedIn German Chamber of Commerce, Hong KongAHK Greater China

Twitter GIC/ GCC

WEchat AHK Greater China

Weibo AHK Greater China

XingAHK Greater China

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German FDI have grown from last year globally, and so are reportedly the benefits of international division of labour according to companies in Germany (DIHK Spring 2017 survey).

Alongside this growth are the challenges of staffing. In Greater China the challenges of recruiting and retaining qualified staff, as well as the rising labour costs have been long reported among top concerns for German companies (GCC in China Labour Market and Salary Report 207/18). Market and regulatory changes are beyond corporate level; however, recruiting and job hunting specifically for a niche of Sino-German experienced talents are where we at GIC/GCC can help individuals and companies.

JOB REPORT SERVICES: ADVERTISING SERVICE FOR JOB SEEKERS IN HONG KONG

The Job Report service in Hong Kong has been assisting job seekers and companies for over 25 years. It contains listings of internationally oriented qualified employees and executives who are looking for new challenges in Hong Kong.

Published monthly and distributed to over 400 member companies of the German Chamber, the service offers potential candidates direct contact to Human Resources and Senior Management of international companies.

BENEFITS FOR EMPLOYEES:Offering an anonymous channel, the job report is a prime avenue for Germans or German speaking job-seekers to pursue their career objectives in the German business community in Hong Kong or Greater China.

BENEFITS FOR EMPLOYERS: Companies and the interested candidates connect through GIC. With a compact report of pre-selected candidate profiles directly delivered to employers’ inboxes, it is a golden opportunity to identify the matching candidate within seconds.

In 2017, numerous candidates and companies have used our service. While candidates have been successfully mediated, companies were very satisfied with the high quality of their new employees and our support.

DE JOB MARKET SERVICES: THE PLATFORM FOR JOB SEEKERS & EMPLOYERS WITHIN GREATER CHINA

The Job Market is the pre-eminent platform for reaching talents with Sino-German professional background. Participating companies elevate their company profiles to jobseekers, gain access to our pool of qualified candidates and benefit from:

OUR EXPERTISE - Job Market services since 2002

A UNIQUE APPROACH - A niche platform for companies doing business in Greater China

EFFORTLESSNESS - Online and mobile job posting possibilities and candidate search

EMPLOYER BRANDING - Job listings with complete company logo, profile and link to Homepage

ADDITIONAL EXPOSURE - Banner advertisement and special advertising programmes

Many companies have successfully utilised the DE Job Market to efficiently fill vacant internship or permanent positions, leaving us with impressive website statistics:• Monthly visits: 77,000• Monthly page views: 500,000• Average views per job offer: 700Favourable results were also in 2017 achieved, companies considered that the Job Market improved their probabilities of recruitment success, and furthermore testified as such on the platform with very encouraging comments.

Explore the opportunities on www.hongkong.ahk.de/services/job-report-and-job-market-services

Job Report and Market Services

Talents on DemandSINO-GERMAN NICHE MARKET RECRUITING


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In the olden days, an apprentice was referred to as ‘Lehrling’. Perhaps the term was considered degrading in a society that strives for respect and egalitarianism among its members. But more importantly, apprentices are by all means not minions in a company performing repetitive chores, but aspiring youths going through a rigid training schedule that prepares them to face top guns in business and perhaps even a Federal Minister as it happened in Hong Kong. It is therefore more than appropriate to make the ‘Lehrling’ an ‘Auszubildender’ or ‘Azubi’ in short.

The 15th Asia-Pacific Conference of German Business (APK) in November 2016 was undoubt-edly the highlight of the year, not only for GIC and the German and international business community in Hong Kong, but also for a group of some 50 trainees from Germany (Azubis) participating in the Dual System Professional Training Programme organised by GIC.

This group of young people was given a unique opportunity to gain access to a never-before seen line-up of speakers and delegates – high-ranking CEOs and government officials from

‘Azubis’ meet Business

Dual System Professional Training


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Celebrations for 30 graduates who were awarded with a graduation diploma this June.

around the globe – and, of course, the opportunity to make themselves useful as conference volunteers.

Belonging to a generation of natural-born social media experts, it came easy to the trainees to help delegates download and use the conference app, which had been specifically developed for APK. Easily recognisable not only by their ‘App-Assistant’ T-shirts, but also by their dynamic and friendly approach towards delegates, the trainees quickly became known as contact point for all kinds of questions, problems and minor emergencies by delegates and speakers alike. In return, the trainees, who were organised in shifts, had ample opportunity to attend conference sessions and listen in on expert discussions and keynotes given by prominent speakers such as Joe Kaeser and Minister Siegmar Gabriel.

In close co-operation with the German-Swiss International School (GSIS), GIC/GCC has been organising the Dual System Professional Training Programme (Duale Berufsausbildung) in Hong Kong for over 30 years, giving German companies the oppor-tunity to train their future generation of Management Assistants in Foreign Trade or in Transport & Logistics. As for the trainees, the unique learning experience in a dynamic and international location such as Hong Kong puts them on a fast-track for a very successful career.

Training Companies 2016 / 2017:

WHOLESALE & FOREIGN TRADE MANAGEMENT ASSISTANT

• CEH Textiles Ltd. • CEI Conrad Electronic Int’l (HK) Ltd. • Covestro (Hong Kong) Limited• Dahlmann & Co. Ltd.• Dickie Toys Ltd. • DIY Consulting Limited• Eurogroup Far East Ltd. • Freudenberg & Vilene International Ltd. • Hamburg Süd Hong Kong Limited • Hodel (Hong Kong) Ltd.• Intertec Asia Limited• Jebsen & Co. Ltd.• Kaufland Hong Kong Limited • MGB Metro Group Buying Hong Kong Ltd. • M-Tek Limited• Otto International (Hong Kong) Ltd. • Rewe Far East• Schütte & Co. Far East Ltd. • Tchibo Merchandising Hong Kong LP • TGI (Far East) Ltd.• ThyssenKrupp Elevator AG Asia Pacific Office• Wachsmuth & Krogmann (Far East) Ltd.• Wuensche International (HK) Ltd.

TRANSPORT & LOGISTICS MANAGEMENT ASSISTANT

• a.hartrodt Hong Kong Ltd.• Covestro (Hong Kong) Limited• DACHSER Hong Kong Ltd.• Hamburg Süd Hong Kong Limited • Hellmann Worldwide Logistics Ltd.• Kuehne & Nagel Ltd.• Rhenus Logistics Hong Kong Ltd.

Our Services Include:

• Overall co-ordination of the training programme, in accordance with the German Vocational Training Ordinance (Ausbildungsordnung)

• Marketing• Screening and pre-selection of applications• Issue training contracts and supporting documents for

visa application• Support for preparation of training schedules• Support for training companies throughout the

programme• Final oral examinations• AHK/DIHK Diploma Certificates


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The Paris climate accord in 2015 was a breakthrough of historic proportions, despite the - perhaps temporary - retreat of the world’s biggest polluter per capita, the US. Never mind the grandeur of such agreements, eventually they tend to translate into action on a micro level and change the way we live, albeit slowly. The main impact clearly is the omnipresence of environmental protection in the public domain, especially in more developed economies, in production, consumption, and waste treatment policies.

It does affect chamber work; where the promotion of environmentally responsible behaviour has been an integral part of our

work for decades. ‘econet’ is the German Chambers of Commerce Worldwide Network’s (AHK) brand to promote German know-how, products and solutions in the field of environmental protection and sustainability. Highlights in the last business year were the panel session on environmental technologies during the 15th Asia Pacific Conference of German Business in Hong Kong last year, where CEOs and top leaders of ALBA, BASF, Hitachi and Siam Cement debated the virtues and interdependencies of technology, government policies and consumer behaviour in bringing forward tangible results in environmental protection.

Environmental Protection Technologies Promotion

Hong Kong: Decisive Action Needed!

ECONET: PROMOTING GERMAN SUSTAINABILITY CONCEPTS

Never before in history has there been such widespread consent among governments around the world, that climate change is one of mankind‘s biggest threats that mandates urgent and decisive action.


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There is also a strong German presence in the Eurocham Environment Business Council, which meets monthly to debate current policy issues, produce position papers, and organise seminars.

The Macau MIECF exhibition and conference in 2017 (March 30th) again featured a large pavilion organised by the European Chamber of Commerce in Hong Kong, this year under the presidency of the German Chamber. Among the exhibitors were some 15 mini booths of German companies presenting recycling concepts, building efficiency and engineering services to name but a few.

Preparations for a seminar on building energy efficiency to be held in Hong Kong in November this year started in Spring with the compilation of a comprehensive Hong Kong market analysis with a special focus on ventilation, air-conditioning, and related aspects like passive houses and building insulation.

A promotion event was held in Baden-Baden in June, where the research was presented to potential participants, German companies, who can offer relevant technologies and who have an interest to explore business opportunities in Hong Kong and China. In Hong Kong 90% of all electricity is consumed in buildings, the bulk of which for space conditioning. Our research clearly indicated that much needs to be done to improve the performance of Hong Kong’s 42 thousand buildings. There is great potential in energy savings that need to be captured both to mitigate rising energy costs and reduce the Special Economic Zone’s carbon footprint.

Visit www.econet-china.com

Econet China Services Include:

• Exhibitor Package

• Product promotion and know-how transfer

• Business matching and co-operation through networking activities

• Lobbying

• Cross border and regional co-operation in Greater China.

• Particular attention to: the disposal of municipal solid waste and building energy efficiency

• Handle enquiries from local and overseas companies

• Participate in various local sustainability initiatives


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Trade Fair Services

Dirror, Dirror on the Wall…

Dirror is the world’s first marketable digital mirror, according to DGMK MBH Berlin, product presenters at the 2nd edition of the China Consumer Electronics Show (CE China), a global IFA event in Shenzhen in May 2017. Dirror is a product ‘Made in Germany’ that is a hand-made wooden framed mirror when in an inactive state, and can turn into a voice-activated touch-screen PC with internet and various digital applications once brought to life.

TAKE A LOOK INTO THE FUTURE

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Whether or not digital mirrors become a must-have for every household in the future remains to be seen, but it is certainly one of many examples for the range of new and innovative products to be found at CE China. With more than 120 exhibitors and over 15,000 sq.m of exhibition space, CE China, built on the huge success of the concept of IFA Berlin, features powerful global brands along with start-ups, retailers and trade organisations.

CE China strives to add new elements and ideas every year. Thus, for the first time, CE China 2017 presented an exclusive keynote programme with four leading executives from BSH, HTC Vive, TMall and Huawei providing deep insights into current and future trends of the consumer electronics industry. In addition,

a new start-up area ’Connect@CE China’ was launched, allowing global incubator Techcode to bring 30 start-ups from around the world, including Germany, to the show, which is fast becoming a ‘must-attend’ event for the consumer electronics industry.

CE China is organised by Berlin Exhibition (Guangzhou) Co., Ltd., a wholly-owned subsidiary of Messe Berlin GmbH, in co-operation with GIC.

BIG GROWTH FOR ASIA FRUIT LOGISTICA

Total exhibition space for Asia’s leading produce show is already up by 25 per cent on last year. Asia’s premier fresh fruit and vegetable trade show is set for another record-breaking year on 6-8 September 2017 in Hong Kong. Exhibitor participation from China – traditionally the largest single exhibiting nation at ASIA FRUIT LOGISTICA – has increased sharply, with the Chinese pavilion expanding by 90 per cent compared with last year’s event.

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Trade Fair Services

GIC Trade Fair Services Include:

EXHIBITOR PACKAGE

• Providing trade fair information• Handling applications for space and stand facilities• Co-ordinating stand construction• Organising forwarding services for exhibits• Providing pre-show marketing services in Germany• Providing business-matching services• Providing on-site services for the exhibitors

• Organising pre-trip briefing

VISITOR PACKAGE

• Arranging itineraries• Arranging hotel / private accommodations• Assisting visa applications• Ordering exhibition entry tickets and show catalogues• Providing information about trade fair cities and

fairground facilities• Providing business-matching services• Organising pre-trip briefing

@ IFA Global Press Conference@ Spielwarenmesse

GIC Premium Trade Fair Partners

We co-ordinate all regional business activities for major trade fair organisers and carry out exhibitor/visitor acquisition and promotion, press activities, and public relations, while providing up-to-date market information on the corresponding region:

• Messe Berlin GMBH (Hong Kong & P.R. China)

• Berlin Exhibition (Guangzhou) Co., Ltd. (BEG), a subsidiary of Messe Berlin GmbH.

• Global Produce Events GmbH (GPE, a joint venture of Messe Berlin GmbH and Fruitnet Media International GmbH, the organiser of Asia Fruit Logistica & Fresh Produce China Forum, FPFC)

• Spielwarenmesse eG Nurnberg (Hong Kong)

GIC’s Premium Trade Fair ServiceApart from outbound trade fair services to Germany, we also provide inbound trade fair service for foreign companies to visit or participate in trade fairs in Asia. With our global network, comprising most of the locations of the German Chambers of Commerce Worldwide Network (AHK), we organise overseas delegations from Austria, Germany, UK, Ireland and the Netherlands to exhibit at the Hong Kong International Lighting Fair.

Over the past business year, we continued to bring large number of exhibitors & visitors including government and business delegations from Hong Kong and the P.R. China to international German trade fairs. Our one-stop trade fair service solutions include the provision of complete exhibitor stand packages, visitor travel packages, as well as a comprehensive range of support for individual clients who attend the fairs.


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E V E N T S I N H O N G K O N G

Exhibitor & Visitor Briefing

ASIA FRUIT LOGISTICA 2016 – Opening Press Conference

ASIA FRUIT LOGISTICA 2016 – Exhibitor & Visitor Delegations from Hong Kong and P.R. China

Asiafruit Congress 2016 – Delegates from Hong Kong and P.R. China

Asiafruit Congress and ASIA FRUIT LOGISTICA – Welcome Reception

IFA Boat Trip and German Buyers’ Night

Spielwarenmesse International Toy Fair, Nuremberg – Press Luncheon

HK International Lighting Fair 2016 – Exhibitor Delegations from Germany, Netherlands, UK & Ireland

Spielwarenmesse International Toy Fair, Nuremberg – Visitor Briefing

E V E N T S I N G E R M A N Y

Exhibitor & Visitor Delegations from Hong Kong and P.R. China to the following fairs:

IFA, Berlin

Innotrans, Berlin

International Green Week 2017, Berlin

Spielwarenmesse International Toy Fair 2017, Nürnberg

Fruit Logistica 2017, Berlin

ITB 2017, Berlin

CeBIT 2017, Hannover

Wasser Berlin 2017, Berlin

E V E N T S I N O V E R S E A S

Kids India, Mumbai, India – Exhibitor Delegation from Hong Kong

ITB Asia 2016, Singapore – Exhibitor & Visitor Delegations from Hong Kong

IFA Global Press Conference in Lisbon, Portugal – Press Delegations from Hong Kong & P.R. China

CE China, Shenzhen – Exhibition in China – Visitors & Exhibitors Delegations from Hong Kong and P.R. China

Fresh Produce Forum China, Hangzhou – Delegates from HK & P.R. China

AUG 2016

SEP 2016

SEP 2016

SEP 2016

SEP 2016

OCT 2016

OCT 2016

OCT 2016

JAN 2017

SEP 2016

SEP 2016

JAN 2017

FEB 2017

FEB 2017

MAR 2017

MAR 2017

MAR 2017

SEP 2016

OCT 2016

APR 2017

MAY 2017

MAY 2017

Local and Overseas Trade Fairs Presentations, Press Conferences,and Delegations for the Period of July 2016 - June 2017


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German National Tourist Office

Kein schöner Land

How much do Hong Kongers like travelling could be reflected in different areas: According to the figures of the Travel Industry Council of Hong Kong (TIC), although 2016 was commonly recognized as a challenging year for travel industry, the levy income that travel agents have to contribute (0.15%) for every outbound fare to TIC as council levy had recorded an increase of 5.6% compared to 2015. And according

to the findings by Home Affairs Bureau Hong Kong, among the top 10 borrowed books in Chinese from public libraries in Hong Kong - 9 of them were about travelling! As the matter of fact, the growth of overnight stays from China and Hong Kong in Germany has been doubled compared to 2010, reaching 2.58 million overnights stays. In the first five months of 2017, Germany has already enjoyed an increase of 14.8%.

Travelling is nowadays regarded by consumers a ‘necessity’ and Germany is a top destination in Europe for travelers from overseas. Interestingly, more and more Germans themselves opt for a vacation on home soil, according to recent statistics.

IN TERMS OF NUMBERS OF VISITORS, BERLIN IS TOP OF THE LIST

WITH PARIS AND LONDON AS A PREFERRED DESTINATION FOR

TOUR GROUPS AND INDIVIDUALS.


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To cope with the potential of Hong Kong and South China as an inbound travel market, GIC, the official representative of German National Board (GNTO) since July 1996, has been charged to cultivate the positive image of Germany as a holiday destination whilst maintaining the principle of neutrality, and to achieve revenue growth accruing from tourist traffic.

CULINARY GERMANY

Certainly no one would deny that Hong Kong is a city where food seekers would never be disappointed be-cause of the rich variety, prices and quality. Dining is an important part of lives for Hong Kongers even during their journey abroad. In 2018, the GNTB annual theme ‘Culinary Germany’ can perfectly meets their wishes. Apart from the popular known German food – sausages, beer and pig knuckles, there is much more to explore, experience and taste in Germany. 16 federal states offer their most authentic recipes and specialties of their regions. The 13 wine regions also provide wine lovers not only exquisite wines to taste, but the paring of home-made food in lush vineyards, as well as the immersion into the over 2000-year history of wines, and different kinds of outdoor activities.

Different landscape in Germany provides all kinds of ingredients from the nature. Typical yet subtle, one can enjoy fresh seafood served in very healthy cooking method in the coastal cities of Baltic Sea and North Sea in northern Germany. It is surprising to know that gourmet scene has been so dynamic in Germany in recent years. Currently, 292 Michelin star restaurants and their starred chefs welcome guests all over the world and greet them with inspired new take on regional recipe incorporating international influences, unbeatable services and competitive prices.

GERMAN BRANDS

There are many German brands that are directly or indirectly connected to our lives. While, travelling

is regarded as a form of life style, it reflects and interprets various tastes, preferences and personalities. In this sense, in addition to those classic B2B marketing activities presented together with German travel industry partners, GNTO also goes hand in hand with cross-industry German brands to generate synergy to promote both destination Germany and German creativity in both B2B and B2C market.

In the current dynamic digital world, personal experiences are easily spread beyond words - photos or even videos illustrate much more. In the past years, GNTO, in corporation with German brands, had brought Key Opinion Leaders (KOL) of the markets to discover the essence of Germany and share with the public. For Instance, the National Geographic Photo awarded winner, Mr. Kelvin Yuen had captured numerous impressive moments of German nature with German camera lens Zeiss, and got the opportunity to visit Zeiss head office in Germany. Mr. Jerry C., another KOL was invited to discover the romantic German Christmas markets, and get to know Germany as the home town of cars by visiting Autostadt (Car City) - the place where visitors can experience Volkswagen group brands.

GNTO Services Include:

• Organising press and travel trade delegations to attend the annual Germany Travel Mart

• Organising annual study tours for journalists and travel agents, in co-operation with Lufthansa German Airlines

• Arranging individual press trips to Germany

• Carry out marketing activities for both B2B and B2C markets such as social media campaigns, events, workshops and seminars etc.

• Providing market information for the tourism industry in Hong Kong and South China

• Acting as a link between tourism professionals in Hong Kong as well as South China and Germany


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P R O M O T I O N E V E N T S

07 OCT 2016Berlin Media Luncheon

07 – 09 OCT 2016Public Event ‘Berlin Fest’ at PMQ Hong Kong

24 OCT 2016Joint Visa Briefing with German Consulate in FuzhouOn the occasion of the new opening of German Visa Centre in Fuzhou, German Consulate Guangdong and GNTO conducted a Visa Briefing to introduce the latest visa policy and answer questions to the travel agents and media.

3-5 NOV 2016GNTB participation in APK

08 NOV 2016B2B Networking Luncheon with Black Forest Highland

16-18 NOV 2016China Promotion Tour in Guangzhou and Hong Kong From 14 -18 November, the China promotion tour took place in Beijing, Shanghai, Guangzhou and Hong Kong with par-ticipation of 31 German partners, primarily from destination marketing organisations, tour operators, hotels, airlines and shopping outlets. In total, there were around 200 guests from the travel trade and the media in attendance at the events

A G E N C Y T O U R S

28 AUG – 04 SEP 2016Agency trip for four travel agency representatives, in co-operation with Lufthansa German AirlinesTheme: MICE destination Germany

28 NOV - 03 DEC 2016Agency trip for five travel agency representatives, in co-operation with Lufthansa German Airlines Theme: Cities & Culture

S E M I N A R S

12-13 AUG 2016JNTO Product Seminar

16 MAY 2017Seminar at Travel Industry Council

P R E S E N C E A T I N T E R N A T I O N A L T O U R I S M F A I R S

07-11 MAR 2017ITB Berlin – One of the largest and most important international tourism fairs in the world

07-09 MAY 2017Germany Travel Mart (GTM), the most important GNTB annual event, was held for the 43rd time this year in Nuremberg, Germany

German National Tourist Office

GNTO Activities 2016-2017


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08 DEC 2016Berlin Christmas Party in Xiamen

09 DEC 2016ANTOR Christmas EventGNTO, as a member of the Association of National Tourist Office Representatives in Hong Kong, (ANTOR (HK), took part in organising the ANTOR Christmas Event for over 100 local travel agency representatives and media.

26 FEB – 3 MAR 2017Secondary City Roadshow in Xiamen

3 MAR 2017German Wine Day with Handmade in Germany World Tour in Hong Kong

5 MAR 2017Travel Talk with Success Way Travel and Zhongshan CITS

22 MAR 2017Press Conference in GuangzhouThe Press Conference at the Mandarin Oriental Guangzhou, where the GNTB 2017 themes were presented, was attended by 40 journalists.

22 APR 2017Travel Talk with Premium Holiday

3 MAY 2017Joint Visa Briefing with German Consulate in Guangzhou

O N L I N E A C T I V I T I E S

JUL 2016 - JUN 2017Monthly E-newsletters

AUG - SEP 2016Online Campaign ‘Nature in the heart of Germany’ with Lufthansa German Airlines

OCT 2016Joint Promotion with Expedia.com.hk and VisitBerlin

DEC 2016Blogger Trip with Travel Guru Mr. Jerry C.Theme: Christmas Markets, Smart Luxury

DEC 2016 GNTB Media Summit in Munich, Influencers Ms. Connie Wong and Mr. Kelvin Yuen repre-sented Hong Kong to attend the Summit

JAN 2017Destination Germany Top 100 campaign on Weekend Weekly, New Monday, Go Trip and Jetso Facebook fan pages

GNTO Activities 2016-2017

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HIW Hamburg Invest Wirtschaftsförderungsgesellschaft mbH

Where Chinese Investors Feel at Home

The ports of Hamburg and coastal cities China have been connected for centuries. Today, every 3rd container at the Port of Hamburg comes from or goes to China. More than 550 Chinese companies have settled in the hanseatic city, and the numbers keep growing, earning Hamburg a reputation as the ‘most Chinese city’ in Germany, and number one location for Chinese companies in continental Europe.

What makes Hamburg so attractive nowadays is not only the access to the third largest container port in

Europe, but the availability of a comprehensive range of services specifically tailored to Chinese companies’ needs. Apart from industry giants (such as; Baosteel, Cosco and China shipping) a large number of Chinese SME’s are active in Hamburg, mainly in trading goods between China and Europe, for this group these customised services are a deciding factor. Whatever services are in demand – be it legal services, finance or tax consulting, logistics or even banking – all are available in Chinese language and provided by Chinese companies.

Investment follows trade, which is why Hamburg is a preferred destination for entrepreneurs from China to set up shop in continental Europe

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Given these circumstances, it was an easy decision for Chinese SME ‘Sainstore’ to settle in Hamburg, with the help of GIC and HIW. Guangdong Sainstore Network Technology Co., Ltd is a leading e-commerce enterprise, and one of the top 10 fastest growing enterprises in Dongguan, offering complete IT solutions to Chinese manufacturers and facilitating distribution of their products in the European market. Owing to the increasing popularity of e-commerce shopping in Europe, Sainstore is planning to expand its business and set-up warehousing facilities in Hamburg.

During an HIW investment seminar held in Dongguan in March this year, Mr. Adam Wong, CFO of Sainstore, was happy to share his company’s success story with the audience, which may very well have brought some more SMEs from South China on their way to Hamburg.

Our Services:

• Represent HIW Hamburg Invest Wirtschaftsförderungsgesellschaft mbH (formally HWF Hamburg Business Development Corporation).

• Promote Hamburg as investment location

• Free of charge, confidential services and assistance to Chinese businesses, in particular SMEs in our mandate area, to set up office in Hamburg

• Distribute regular press releases

• Organise seminars, workshops and individual company visits throughout the year.

Events 2016-2017

DATE: 8TH SEPTEMBER, 2016 LOCATION: XIAMENSeminar: Hamburg - China Centre in Europe: The Gateway to Business Success at the 9th China- Germany Economic Co-operation Forum Participants: around 100 participants

DATE: 20TH OCTOBER, 2016 LOCATION: SHENZHEN Seminar: China - Germany Economic Co-operation Dialogue: Globalisation, the possibility of investment in Germany and Hamburg Participants: over 80 participants

DATE: 12TH JANUARY, 2017 LOCATION: HAINANSeminar: China (Hainan) - International Economic and Trade Co-operation ExchangeParticipants: 120 participants

DATE: 27TH & 29TH MARCH, 2017 LOCATION: DONGGUAN & ZHUHAISeminar: Invest in Germany – Business Opportunity in HamburgParticipants: 120 participants.


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German Industry and Commerce Greater China GmbH

Greater China Unlocked

For years the annual AHK Greater China Conference - ‘Greater China Day’ in Germany has been an indicator for German-Chinese business relations. In June 2017, three hundred participants met at IHK Cologne to discuss current developments in topics like Industry 4.0 or Cross Border E-Commerce with leading company representatives regularly located in China.

After seven hours of experts’ presentations, the team of GIC Greater China came together over dinner to review the insights gained during the day. One observation particularly caught our attention: the different views between German entrepreneurs who have been working in Greater China for several years and those who have just started entering the region.

For nearly 20 years, GIC German office has been the contact point for small-to-medium enterprises in Germany looking for answers to the questions arising from doing business in Hong Kong, China or Taiwan. During the last year, the team met more than 200 companies who were exploring their individual paths into the largest economy. “Can you help me find a reliable distribution partner for my products?” “How

can I open up an office in China?” “Do I need to enter a Joint Venture with my Chinese counterpart?” These questions have remained consistent during the years of our business consultation – but the basic tone has changed. We noted that the majority of German companies, which tended to be generally risk-averse and/or preferred seeing the negative developments first, were now all quite enthusiastic when viewing China’s recent developments. Although economic data showed a down-swing in growth, German companies were optimistic about the opportunities opening up through the shift of China’s economic policy. The discussions and probing in Cologne at the Greater China Day reminded experienced company representatives of the golden days in China, when business flourished without local competition, and foreign companies enjoyed red carpet treatment whenever they met local city governments. However, with rising factor cost and growing Chinese quality production, German companies with years of market experience are challenged to remodel their Greater China strategies. According to the latest Business Confidence Survey among German businesses in

As China’s business model evolves, so does the activity scope of GIC Germany. Promoting AHK Greater China services for 20 years, the office today serves an increasing number of clients from Mainland China


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China, more than a third stated that foreign companies were less welcome in China than in former years.

So, what resulted in the different perceptions of experienced long-term investors and newcomers who have been taking time to make decisions towards co-operation with China, Germany’s most important trade partner, during the last year?

It would be too easy to assume that there is only one reason, which may be those who entered China in 2017 did not encounter the challenging experiences with Chinese administration, unforeseen changes of legal framework, members of staff demanding 50% pay rise or Chinese partners who followed their own agenda instead of the joint plans established through hours and hours of negotiation.

According to our experience, company representatives who are interested in investing in China during 2016/2017 for the first time are aware of all the stories.

Many of them have collected as much information on China as possible. They have talked to friends living in China, selected China experienced consultants, and many of them have been travelling through the region frequently. They are not uninitiated at all.

The first advantage they have is an easier access to information than those who came to Greater China ten years ago. The second point is that nobody today expects China to be cheap, whether for office rents, labour cost or international food. Therefore, the calculation of investment plans became more realistic including salaries of Chinese representatives at the same level as those coming from abroad. Thirdly, China´s strategic economic policies like the New Silk Road or China 2025 open doors for technologically-driven companies. Small-to-Medium sized enterprises, building the backbone of Germany´s economic success, are most welcome to join and bring forward China´s endeavours.

Engineering companies, with twenty-members of staff at their headquarters, run projects for China´s fast growing robotics sector. Fintech start-ups develop ideas for China´s banking sector. The German-Chinese initiative of technological co-operation in Industry 4.0 fosters the attraction of business-to-business co-operation between German and Chinese companies. Conferences and workshops held under the headline Industry 4.0 in Germany during the last year attracted a growing number of participants.

Looking back and reflecting on the developments in China, Hong Kong and Taiwan, we noticed several developments: The team has grown; Services for Chinese customers account for a growing percentage of overall work; Enquiries for Joint Ventures have become one of the major consulting issues since 2016; we started organising China Conferences – the most recent one focusing on Industry 4.0 in Stuttgart attracted more than fifty attendants. As the business environment in the Greater China region keeps on transforming rapidly, both newcomers and experienced old China hands always face the need to adapt flexibly to changes and unknown challenges. What they have in common is their will to succeed.


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Events in Germany

J U LY 2 0 16 - J U N E 2 0 17

05 JUL 2016 Company Consultations, Karlsruhe

12 JUL 2016 Roedl&Partner, Mittelstandstag Focus China Business

13-14 JUL 2016 IHK Regensburg Inhouse Consulting

19 JUL 2016 Presentation on China Cross Border E-Commerce,

Projects for Ministry of Economics in Berlin

21 JUL 2016 Company Workshop Market Entry, Hamburg

02 AUG 2016 Inhouse Training for Würth Group

31 AUG 2016 Delegation Meeting Chongqing City Government

16 SEP 2016 Guangdong Trade Conference, Berlin

19 SEP 2016 Partner Support Program China Workshop, VW Wolfsburg

26 SEP 2016 IHK/AHK Greater China Workshop

27 SEP 2016 Production in China Event, IHK Ulm

28 SEP 2016 Think Asia, Think Hongkong Event

29 SEP 2016 NRW Foreign Trade Congress, Dortmund

26-27 OCT 2016 Global Connect, Messe Stuttgart, AHK Booth

03-06 NOV 2016 Asia Pacific Conference of German Business, Hongkong

11 NOV 2016 InfoEvent on China´s New Material Industry, IHK Köln

18 NOV 2016 China Workshop, Weinheim

15 NOV 2016 Partner Support Program China Workshop, VW Wolfsburg

24 NOV 2016 Export Day Bavaria, IHK Munich

16 JAN 2017 Meeting Delegation from Zhuhai, China

17 JAN 2017 BAFA Briefing on International Projects 2017

25 JAN 2017 Export Day for the German Building Industry, Berlin

26 JAN 2017 Export Conference, IHK Potsdam and Berlin

01 FEB 2017 China Round Table, IHK Ludwigshafen

01 FEB 2017 HKTDC Annual Reception, Frankfurt/Main

02 FEB 2017 Company Consultations

16 FEB 2017 Digital Sales in China, Conference at IHK Stuttgart

24 FEB 2017 Conference on Cross Border E-Commerce, IHK Frankfurt/Main

02 MAR 2017 China Congress, IHK Heilbronn

09 MAR 2017 China Workshop, IHK Hagen

21 MAR 2017 Company Consultations, IHK Chemnitz

29 MAR 2017 Conference on Cross Border E-Commerce, IHK Munich

06 APR 2017 Conference with Delegation from Mianyang in Munich

26 APR 2017 Hannover Messe, AHK Consultation offers

27 APR 2017 German-China Industry 4.0 Conference, IHK Potsdam

10 MAY 2017 Zhuhai Delegation in Germany

31 May 2017 Sourcing in China, Workshop at LEG Thüringen

02 JUN 2017 Meeting with JD.com, DIHK Berlin

21 JUN 2017 Greater China Day, IHK Cologne

27 JUN 2017 Energy Efficiency Workshop Hongkong, Baden-Baden

29 JUN 2017 Partner Support Program China Workshop, Ingolstadt


GCC Committee Members for 2017

Mr. Horst F. GeickeFounding PartnerPAG

Dr. Michael FuchsDeputy Chairman CDU / CSU Parliamentary GroupMember of Parliament, Berlin

Mr. Andreas KulenkampffManaging DirectorTchibo Merchandising Hong Kong LP

Mr. Tom GerigkManaging DirectorDickie Toys Hong Kong Ltd.

Mr. Wolfgang NiedermarkChief RepresentativeGerman Industry and Commerce Ltd.

Mr. Malte HautGeneral Manager, Hong Kong, South China & MacauLufthansa Group

Mr. Günther S. RittnerSenior AdvisorThyssenKrupp Elevator AGAsia Pacific Office

Mr. Mark HellmannPresident & CEO, AsiaHellmann Worldwide Logistics Ltd., Asian Regional Headquarters

Mrs. J. Wu-ScharsigSole ProprieterJennifer Wu-Scharsig, Solicitor

Dr. Markus KramerPresident, Operating Division, Dispersions & PigmentsBASF East Asia Regional Headquarters Ltd. Hong Kong Ltd.

C O M M I T T E E M E M B E R S C O M P A N Y S E C R E T A R Y

Mr. Michael CiesielskiManaging DirectorMetro Sourcing Investment Ltd.

Mr. Eberhard BrodhageGeneral ManagerCommerzbank AG Hong Kong Branch

Mr. Andreas BinderPresident & CEOMercedes-Benz Hong Kong Ltd.

Mr. Hans Joachim IslerManaging DirectorH.D. Isler & Co. Ltd.

P R E S I D E N T V I C E P R E S I D E N T S T R E A S U R E R

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60


The GIC Team

Wolfgang NiedermarkChief Representative

Karen ChoiHead of Chamber Services

Raymond ChungManagerBusiness Services

Gloria GuanManager Trade Fair Services /Assistant ProjectManager Tourism Trade

Sabine DietlmeierExecutive DirectorGIC Greater China GmbH

Wolfgang EhmannExecutive Director

Monica LeungManagerChamber Services

Julia HöflingHead of HR & Organisational Development

Salina ChenHead of Accounts

Gracie ChengHead of Trade Fair Services

Cindy ZhengProject ManagerTrade Fair Services

Tobias UrbanEuropean Representative, City of Zhanjiang

Sabine FlorianExecutive Director

Mimi PoonAssistant Manager Chamber Services

Crystal PangAssistant ManagerOffice and Administration

Jane ChangManagerTrade Fair Services

Tiffany LiuMarketing ManagerTrade Fair Services

Michelle ChanSenior ManagerBusiness Services /Chief RepresentativeHamburg Invest

Anita WongManagerOffice Administration

Amy LaiManagerTrade Fair Services

Man Tse Research ManagerGermany Trade and Invest

Winsy FungProject ExecutiveTrade Fair Services / Assistant ProjectManager Tourism Press

Henriette Wildnitz Sales and Marketing Manager

Kristina Ernst Senior Manager Business Development

Monica MurjaniHead of PR & Communication

Yvonne ChiuManagerTrade Fair Services

Carrie LuAdministrative Assistant

Cathy MaManagerBusiness Services

Sam HoSenior ManagerIT & Digital Services

Petra Abert Finance and Controlling

GIC Support in Germany

Guangzhou GIC Conventions and Exhibition Services Co., Ltd.

OVER 120 EXHIBITORS, 20% FROM ABROAD

MORE THAN 11,500 ATTENDEES FROM 38 COUNTRIES

140 MEDIA REPRESENTATIVES, 15% FROM ABROAD

15,000 SQ. METERS

See you in May 2018!

GermanBusinessHandbook&Directory_CE-China_Anz_209x292.indd 1 22.08.2017 10:34:25

Katrin YeungDirector Marketing and Sales Office, Hong Kong and South China, German NationalTourist Office

Wing Ting ChanManager,Tourism Projects

Monka NgAssistant Project Manager Social MediaTourism Projects


OVER 120 EXHIBITORS, 20% FROM ABROAD

MORE THAN 11,500 ATTENDEES FROM 38 COUNTRIES

140 MEDIA REPRESENTATIVES, 15% FROM ABROAD

15,000 SQ. METERS

See you in May 2018!

GermanBusinessHandbook&Directory_CE-China_Anz_209x292.indd 1 22.08.2017 10:34:25


At your sideworldwide. Leverage our worldwide presence to increase your corporate success.

The Euromoney Awards for Excellence honoured Commerzbank as Germany’s Best Bank for its strategic approach that is creating a ‘stable,efficient and more profitable lender’ amidst challenging times for the German banking sector. Euromoney, 07/2017 issue

Commerzbank AG, Beijing Branch: +86 10 8567-6888, Hong Kong Branch: +852 3988-0988,Shanghai Branch: +86 21 5836-6666, Tianjin Branch: +86 22 5886-6000, www.commerzbank.hk

2017_11_03_FL_AZ_209x292_Hongkong_Annual_EN.indd 1 03.11.17 09:21AHK_AnnualReport_2017-11-10_CC_2.indd 64 10.11.17 10:23

ahk annualreport 2017-11-10 cc 2 · gic would like to express once more sincere gratitude to all...

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