Industries

China's economic recovery hit as profit growth wanes

Industries catering to the consumer, like textiles, seem to be doing well. Photo: AFP

Growth in Chinese industrial firms' profits slowed last month, adding to evidence the mainland's economic recovery is losing steam.

Sunday, 28 April, 2013, 8:01am

Research lacks industry support, expert says

Roland Chin Tai-hong says the government should co-operate with industries and the financial sector on projects. Photo: Felix Wong

Hong Kong's investment in scientific research lags other developed economies in the region as well as the mainland partly because of a lack of contributions from industry, according to the former chairman of the Research Grants Council, Roland Chin Tai-hong.

7 Jan 2013 - 5:44am

John Tsang moves the pillars on economic debate

Financial Secretary John Tsang Chun-wah

The debate over Hong Kong's economic focus continued yesterday as the man who started it weighed back in on his blog yesterday with a new argument.

This time the creative sector was touted as one of the next great hopes for Hong Kong by Financial Secretary John Tsang Chun-wah.

7 Jan 2013 - 5:44am

Hong Kong's four pillars should be foundation for growth

Financial Secretary John Tsang Chun-wah says the city's four conventional pillar industries of finance, trade, tourism and professional services remain our economic backbone.

Financial Secretary John Tsang Chun-wah has reminded us that the city's four conventional pillar industries of finance, trade, tourism and professional services remain our economic backbone. He warned against neglecting them while "blindly" pursuing diversification to drive growth.

6 Jan 2013 - 4:25am

We need sound administration, not more pillars and backbones

Financial Secretary John Tsang Chun-wah. Photo: Felix Wong

Here we have something to put chiropractors out of business. Say goodbye forever to backache. Just get yourself one of these many-pillared spines that John Whiskers favours, the edged ones. Did his teachers ever tell him about mixed metaphors?

3 Jan 2013 - 4:36am 5 comments

Finance chief John Tsang warns against ignoring Hong Kong's pillar industries

Financial Secretary John Tsang

Financial Secretary John Tsang Chun-wah warned yesterday against "blindly" pursuing new industries to drive growth, suggesting "conventional economic pillars have their edge".

On his official blog, Tsang also said taxes may rise or more government bonds could be issued if the administration fails to keep its budget in the black.

31 Dec 2012 - 4:58am 2 comments

Talking points

Our editors will be looking ahead today to these developing stories ...

WHO focuses on 'a ruthless and devious enemy'

21 Mar 2012 - 12:00am

Store chain recalls Johnson baby products

A major supermarket chain in Shanghai pulled Johnson & Johnson baby bathing products from its shelves yesterday in response to a US report that they contained carcinogenic chemicals.

The move by Nong Gong Shang Supermarkets came despite a statement from the manufacturer ruling out a recall and the US Food and Drug Administration finding no fault in the products.

18 Mar 2009 - 12:00am

Business sector urged to play bigger role in political process

A former government mandarin has broken a decade-long silence to suggest the city's business sector must become more involved in Hong Kong's political process.

Peter Lai Hing-ling, the city's first ethnic-Chinese secretary for security, recently took up the post of honorary professor of public administration at the University of Hong Kong.

14 Feb 2009 - 12:00am

With chief still in denial, people's patience and trust is wearing thin

The choice of colour says something. Last year's policy speech featured a glowing gold cover that gave a feeling of vitality and progress, marking the beginning of a new era as Donald Tsang Yam-kuen began his second term.

16 Oct 2008 - 12:00am

Surplus should be used to fund small-class secondary education

Our financial gurus are predicting fat budget surpluses this year and the vultures are circling to pick the carcass clean.

4 Feb 2008 - 12:00am

CHINA SOURCING FAIR

Electronics & Components

Date October 12-14 (9.30am-6pm), October 15 (9.30am-5pm)

Venue Halls 3, 5-11, AsiaWorld-Expo

Admission Trade only, free admission, aged 18 or above, strictly no retail or sample sales

10 Oct 2007 - 12:00am

More must be done to bridge the gap

Seven months have passed since the government decided there was a need to change the political system. Since then, the case for reform has strengthened. Ample evidence is to be found in the events of the past few weeks.

24 Dec 2004 - 12:00am

Playing by a simple set of rules

The social landscape facing East and South Asia's policymakers has changed dramatically since the middle of the 20th century. The region's population has more than doubled. Small, static, rural populations have become urbanised, placing new demands on governing systems.

2 Oct 2003 - 12:00am

Axed textile workers 'will not be forgotten'

Textile bosses are confident enough work can be found for workers made redundant under the plan to cut the number of spindles.

In Xinjiang, the country's largest cotton producer, the Number Two Factory of the Xinjiang Textile Corporation phased out its first 10,000 spindles yesterday as part of a national campaign to reduce textile production.

24 Mar 1998 - 12:00am

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