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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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$8.5m set for Henan flood victims

The Government today approved two funding applications totalling $8.519 million for Plan International Hong Kong and Amity Foundation, Hong Kong to help flood victims in Henan Province.   The money will be used to provide flour, rice, cooking oil and quilts for around 62,800 victims.   The Government said the Disaster Relief Fund Advisory Committee hopes the grants will facilitate the provision of timely aid to the victims and help them restore normal living.   To ensure the money is used properly, the two relief agencies will submit evaluation reports and audited accounts on the use of the grants after the relief projects have been completed.
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