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FS visits biomedical firm in UK

Financial Secretary Paul Chan yesterday visited a biopharmaceutical company and the Royal College of Art, and attended a lunch hosted by the China-Britain Business Council, as part of his ongoing trip to London.   Mr Chan visited AstraZeneca and met the company’s senior management to learn about its drug research and development activities, as well as its latest expansion plans.   AstraZeneca indicated that following in-depth talks with Hong Kong’s Office for Attracting Strategic Enterprises, it plans to develop a research and development centre in Hong Kong and will engage in further discussion with relevant government departments on the matter.   The Financial Secretary then attended a roundtable luncheon held by the China-Britain Business Council, and met representatives of British enterprises that do business, or plan to do business, either in the Mainland or Hong Kong.   Mr Chan later visited the Royal College of Art, which collaborated with the Hong Kong Polytechnic Unive
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Edward Yau briefs publishing reps

Secretary for Commerce & Economic Development Edward Yau today briefed publishing sector representatives on the amended Annex I and Annex II to the Basic Law approved by the Standing Committee of the National People's Congress.   At the meeting, Mr Yau reiterated the necessity and urgency of improving the electoral system and highlighted its importance to creating a stable business environment and ensuring Hong Kong's prosperity and stability.   He also called on attendees to fully support the relevant amendments.   Mr Yau stressed that by improving the electoral system, the excessive politicisation in society and the internal rifts that have torn Hong Kong apart can be effectively mitigated, thereby enhancing the city's governance capability.   Hong Kong will then be able to focus on addressing economic and livelihood issues, and developing the economy to achieve long-term prosperity and stability by leveraging its unique advantages and the staunch support of the central authorities, he added.   Mr Yau will brief the broadcasting, film, music and performing arts sectors on the relevant amendments on April 13.
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