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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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Lawful business unaffected: CE

(To watch the full media session with sign language interpretation, click here.)   Chief Executive Carrie Lam today said the National Security Law has not driven people away from doing legitimate business in Hong Kong.   Ahead of the Executive Council meeting this morning, Mrs Lam told reporters that no organisation should be worried about their operations in the city provided such operations are done in accordance with the law.   Citing Article 27 of the Basic Law, she said: “The freedom of association, the freedom of assembly, the freedom of speech and so on are being guaranteed.”   The Chief Executive also supported her view by presenting a number of facts.   “According to the latest survey by the Census & Statistics Departments and InvestHK, as at June this year, the number of overseas and Mainland companies that set up offices or headquarters in Hong Kong was not reduced. In fact, it was another record-breaking number of over 9,000 such overseas and Mainland companies established in Hong Kong.   “Some important legal organisations at regional and international levels have also established offices in Hong Kong in the Hong Kong Legal Hub set up by the Department of Justice.”   A worldwide maritime conference was held last week, while the International Chamber of Shipping has set up in Hong Kong its first office outside of its headquarters, she added.   “So these are the facts which will give you the confidence that the National Security Law has not prevented or horrified people from doing their legitimate business in Hong Kong,” the Chief Executive said.
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