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Welcoming Speech |
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Dr Timothy TONG, Commissioner, Independent Commission Against Corruption, HKSAR, delivered a welcoming speech to kick off the Conference. |
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| "SMEs operating across the border should adhere to the three basics of business ethics, i.e. abiding by the law, putting ethical management into practice and upholding probity principles."
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| Dr Timothy TONG |
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Dr TONG remarked that SMEs might face certain risks in their operations under the current versatile economic situation. In order to enhance their long-term competitiveness, they should adhere to the three key basics of business ethics, i.e. law compliance, implementation of integrity management and upholding probity principles. Only by establishing positive brand images and good reputation, SMEs would achieve business success amid intense competitions. |
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Keynote Addresses |
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Mr SUN Tong, Deputy Director-General, Department of Taiwan, Hong Kong & Macao Affairs of the Ministry of Commerce, PRC, delivered a keynote speech on "The National 12th Five-Year Plan and the New Environment, Opportunities and Challenges of SMEs in the Pearl River Delta". |
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| "It is clearly promulgated in the National 12th Five-Year Plan that more work will be done to facilitate the development of SMEs. The work includes enhancement of policy regimes, facilitation of SME transformation, strengthening of quality and integrity building, and enhancement of product quality and competitive edge."
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| Mr SUN Tong |
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Mr SUN remarked that the National 12th Five-Year Plan had devoted a dedicated chapter on strengthening cooperation among the Mainland, Hong Kong and Macao, and defined the approach, scope and pattern of cooperation. This had created a new policy environment for cooperation among the three places, and had brought valuable opportunities for the development of SMEs in the PRD. |
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Mr SUN pointed out despite the fact that the current international economic environment might create uncertainties to the market globalisation of SMEs in PRD, the stable and rapid growth of the Mainland's economy had remained the pivotal driving force for SME's development. The National 12th Five-Year Plan would expedite the economic development process, consolidate the implementation of reforms and opening-up policies, improve people's livelihood and further broaden the domestic market. Besides, the Plan also clearly highlighted the need to strengthen quality and capacity building of SMEs and the offer of substantial assistance to SMEs in their sustainable development. These factors, coupled with the implementation of CEPA, the Mainland's realisation of a full liberalisation of trade in services for Hong Kong and Macao and various Cooperation Framework Agreements, had created favourable conditions for SMEs' development in the PRD. |
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Mr SUN suggested that SMEs in the PRD should proactively engage in transforming and upgrading, embark on marketing and branding through strengthened product research and development, and enhance their capability of exploring international markets. Enterprises of the three places should also complement one another's strengths and work together in concerted effort to optimise and upgrade the industrial structure.
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Professor Stephen CHEUNG, BBS, JP, Dean of School of Business of the Hong Kong Baptist University, spoke on "The Way Forward for SMEs Operating in the Pearl River Delta : Importance of Integrity Management". |
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| "Being optimistic about the economic outlook, most SMEs would take positive steps such as branding and investing in technology researches, etc. when facing difficulties. Measures to cut costs, such as restructuring and redundancy, are not their primary initiatives ."
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| Professor Stephen CHEUNG |
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Professor CHEUNG, shared with participants the study report on the research project "The Road of Development of SMEs – The Present and Future" jointly conducted by the Hong Kong Chinese Importers' & Exporters' Association and School of Business of the Hong Kong Baptist University. Conducted between July and August 2010 when 272 SMEs were successfully interviewed through questionnaires, the study aimed to understand the difficulties faced by cross-boundary SMEs and their outlook for future development. |
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Professor CHEUNG said that the survey findings had revealed that most of the SME respondents took a cautiously optimistic or very optimistic view on the business situation for the two or three years ahead. While they were confronted with unfavourable factors like rising cost of raw materials and wages, most of the SMEs indicated that they would adopt proactive measures like exploring markets, branding or strengthening technology research and development to sustain their competitiveness. |
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Professor CHEUNG cited the cases of two cross-boundary SMEs and pointed out that the success of business hinged upon understanding and compliance with legal and regulatory requirements, staying committed, paying attention to product quality, honouring promises to customers as well as operating with corporate social responsibility. Professor CHEUNG also encouraged SMEs to stay vigilant and remain flexible in face of adversities.
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