The Richard Charles Lee Canada-Hong Kong Library of the University of Toronto organised a seminar on September 25 to illustrate the economic developments of Hong Kong since the 1960s. The Hong Kong Economic and Trade Office (Toronto) (HKETO) is a sponsor of the seminar.
The seminar was composed of two parts, namely “Hops, Skips, and Jumps: Hong Kong Becoming a World Hub” and “Hong Kong’s Miraculous Growth Path: Coincidence, Nurtured or Cultivated?”. Dr Andrew Parkin, Professor Emeritus, The Chinese University of Hong Kong was the speaker of the first part, which focused on the rapid changes of Hong Kong from the 1960s to 1990s. Dr Li Kui-wai, former Visiting Professor of the University of Toronto and former Associate Professor of the Department of Economics and Finance cum Director of the APEC Study Center of the City University of Hong Kong, was the speaker of the second part, which discussed Hong Kong’s economic developments since 1950s from a social science researcher’s perspective.
At the opening of the seminar, Deputy Director of HKETO, Miss Florence Tsang, updated the audience on the latest economic situation in Hong Kong. “Hong Kong has been crowned as the world’s freest economy for decades and widely recognised as one of the easiest places in the world to do business. We also continued to be one of the world’s top three global financial centres after London and New York and 75 of the world’s 100 top banks operate in Hong Kong,” she said.
Looking ahead, Miss Tsang highlighted that Hong Kong will benefit from the tremendous business opportunities brought about by the development of the Guangdong-Hong Kong-Macao Bay Area, which consists of Hong Kong, Macao and nine most affluent cities in Guangdong Province, with a total population of 69 million and a collective GDP of about US$1.5 trillion.
The Richard Charles Lee Canada-Hong Kong Library has been organising seminars with different Hong Kong-related themes. The seminars were well received and enabled the Canadian public to better understand the different aspects of Hong Kong, thus fostering closer relations between Hong Kong and Canada.