2011 - 2015

The Foundation completed its annual delegation visit to the United States from 6 to 9 July 2015. The main purpose of the delegation was to foster a better understanding of the political, economic and social developments in both the United States and Hong Kong. This year’s delegation was led by the Foundation’s Executive Committee Chairman Mr. Ronnie Chan, Chairman of Hang Lung Properties Ltd. Delegates included Council Members Mr. John Lee, Managing Director of Bank of America Merrill Lynch and Mr. Andrew Yao, Chairman of Van Shung Chong Holdings Ltd. The Foundation also invited Dr. David Wong, Chairman of Business & Professionals Federation of Hong Kong as the invited expert of the delegation. The Delegation: (L to R) Mr. John Lee, Dr. David Wong, Mr. Ronnie Chan and Mr. Andrew Yao   The delegation visited the Executive Branch (U.S. Department of State and U.S. Department of Commerce); members of the Legislative Branch (Congressional staffers); think tanks (Center for Strategic and International Studies, The Heritage Foundation, Hudson Institute, National Committee on U.S.-China Relations and the U.S.-Asia Institute); a financial institution (Morgan Stanley); a university (George Washington University); NGOs (America China Public Affairs Institute and various Jewish associations in New York) and media (Bloomberg). The delegation also visited the Hong Kong Economic and Trade Office (HKETO) in Washington DC. The delegation was honored that the Embassy of the PRC in the U.S. (Ambassador Cui Tiankai), the Permanent Mission of the PRC to the UN (Ambassador Liu Jieyi) and the Consulate General of the PRC in New York (Ambassador Zhang Qiyue) hosted luncheons to welcome the delegation respectively. This regular updates and dialogue with the business community in New York and among interlocutors inside the Beltway is important in enhancing greater mutual understanding. The Foundation will endeavor to continue to organize these kinds of visit to promote better understanding and collaboration.   (Please click here to view the bios of the delegates.)   Itinerary   Washington D.C. 6 July 2015 (Monday) Hong Kong Economic and Trade Office –          Mr. Clement Leung, Hong Kong Commissioner, USA –          Mr. Law Kin-wai, Deputy Director-General –          Ms. Beatrice Chiu, Assistant Director-General   Center for Strategic and International Studies –          Dr. Scott Kennedy, Deputy Director of the Freeman Chair in China Studies –          Mr. Scott Miller, Senior Adviser & William M Scholl Chair in International Business –          Ms. Anna Saito Carson, Director for Corporate Relations   Luncheon hosted by America China Public Affairs Institute –          Mr. Fred Teng, President of ACPAI –          Mr. John Negroponte, McLarty Associates –          Dr. Richard Solomon, Rand Corporation –          Mr. Jeffery Bader, Brookings Institution –          Dr. Douglas Paal, Carnegie Endowment for International Peace –          Dr. Richard Bush, Brookings Institution –          Mr. Vikram Singh, Center for American Progress –          Mr. Charlie Cook, The Cook Political Report   The Heritage Foundation –          Mr. John Fogarty, Vice President, Development –          Mr. Walter Lohman, Director, Asian Studies Center –          Mr. Kim Holmes, Distinguished Fellow –          Mr. Mike Gonzalez, Senior Fellow, Davis Institute for National Security and Foreign Policy –          Mr. Dean Cheng, Senior Research Fellow, Asian Studies Center –          Mr. Anthony Kim, Senior Policy Analyst, Center for Trade & Economics   U.S. Department of Commerce –          Mr. Stefan Selig, Under Secretary for International Trade Luncheon hosted by America China Public Affairs Institute   Dinner hosted by Hong Kong Economic and Trade Office 7 July 2015 (Tuesday) Capitol Hill Breakfast Meeting hosted by the U.S.-Asia Institute U.S. Department of State –          Ms. Susan Thornton, Deputy Assistant Secretary of State, Bureau of East Asian and Pacific Affairs –          Mr. Alan Brinker, Desk Officer, Office of Chinese and Mongolian Affairs   Lunch hosted by the Embassy of the People’s Republic of China –          Ambassador Cui Tiankai –          Mr. Zhou Jingxing, Chief of the Political Section and Minister-Counselor (Political) –          Mr. Wang Shiquan, Second Secretary   Hudson Institute –          Ms. Elaine Chao, 24th US Secretary of Labor –          Dr. Kenneth Weinstein, President and CEO –          Mr. John Walter, Chief Operating Officer & Director, Hudson Political Studies Program –          Mr. Christopher DeMuth, Distinguished Fellow –          Mr. Eric Brown, Senior Fellow   Elliott School of International Affairs, George Washington University –          Prof. Robert Sutter, Professor of Practice of International Affairs –          Prof. Steve Suranovic, Associate Professor of Economics and International Affairs –          Prof. Doug Shaw, incoming Senior Associate Provost for International Strategy –          Ms. Lori Cwalina, Associate Vice President for Development and Alumni Relations –          Ms. Meegan McVay, Director of Development   Ambassador Cui Tiankai (middle) hosted a luncheon for the delegation   New York 8 July 2015 (Wednesday) Breakfast Meeting hosted by Morgan Stanley –          Mr. Harold Ford Jr, Managing Director –          Ms. Ellen Zentner, Chief Economist Bloomberg –          Ms. Karen Toulon, Executive Editor, Global Newsmakers – Radio network –          Ms. Bonnie Cao, Reporter, China (based in NY) –          Ms. Sangwon Yoon, Reporter, Emerging Markets – Global Affairs –          Mr. Nathaniel Baker, Reporter, Bloomberg Briefs Luncheon hosted by the Permanent Mission of the People’s Republic of China to the United Nations –          Ambassador Liu Jieyi, Permanent Representative –          Mr. Yao Shaojun, Counsellor –          Ms. Yang Yi, First Secretary, Political Adviser   Dinner Hosted by America China Public Affairs Institute – “Israel, China, United States, and Hong Kong – A Global Perspective” Participants: Leaders (officers and board members) of the United Jewish Appeal-Federation (UJA), the American Jewish Committee (AJC), the Jewish Community Relations Council (JCRC), American Israel Public Affairs Committee (AIPAC), and the Israeli Consulate Meeting with Jewish associations in New York   9 July 2015 (Thursday) Breakfast Meeting hosted by the U.S.-Asia Institute National Committee on U.S.-China Relations –          Mr. Stephen Orlins, President –          Ms. Haini Guo, Senior Program Officer –          Mr. Jonathan Lowet, Senior Director, Leadership Initiatives  Luncheon hosted by the Consulate General of the People’s Republic of China in New York –          Ambassador Zhang Qiyue, Consul General –          Ms. Liu Yi, Commercial Counselor –          Mr. Guo Zhenguang, Consul   Meeting with National Committee on U.S.-China Relations  

The Foundation completed its annual delegation visit to the United States from 24 to 27 June 2014. The main purpose of the delegation was to foster a better understanding of the political, economic and social developments in both the United States and Hong Kong. This year’s delegation was led by the Foundation’s Executive Committee Chairman Mr. Ronnie Chan, Chairman of Hang Lung Properties Ltd. Delegates included Council Members Mr. Philip Ma, Deputy Chairman & CEO of The Sincere Co Ltd; Mr. John Lee, Managing Director of Bank of America Merrill Lynch; Mr. Andrew Yao, Chairman of Van Shung Chong Holdings Ltd; and Mr. Dario Pong, Managing Director of Ferro Resources Ltd as well as Executive Director Ms. Karen Tang. The Foundation also invited Mr. Johnny Mok, Member of the Basic Law Committee of the HKSAR and Senior Counsel as the invited expert of the delegation. The Delegation: (L to R) Mr. Ronnie Chan, Ms. Karen Tang, Mr. John Lee, Mr. Johnny Mok, Mr. Philip Ma, Mr. Andrew Yao and Mr. Dario Pong The delegation visited the Executive Branch (U.S. Department of State and National Security Council); members of the Legislative Branch (Congresswoman and congressional staffers); think tanks (The Brookings Institution, The Heritage Foundation, Center for American Progress, National Committee on U.S.-China Relations and the U.S.-Asia Institute); a financial institution (Morgan Stanley); a rating agency (Standard & Poor’s); NGOs (Asia Society, America China Public Affairs Institute and Hong Kong Association of New York) and media (The Economist, The New York Times and The Washington Post). The delegation also visited the Hong Kong Economic and Trade Office (HKETO) in Washington DC. The delegation was honored that the Embassy of the PRC in the U.S. (Ambassador Cui Tiankai) and the Consulate-General of the PRC in New York (Ambassador Sun Guoxiang and Deputy Consul General Cheng Lei) hosted luncheons to welcome the delegation respectively. The delegation was also received by the Permanent Mission of the PRC to the UN (Ambassador Liu Jieyi) in New York. This regular updates and dialogue with the business community in New York and among interlocutors inside the Beltway is important in enhancing greater mutual understanding. The Foundation will endeavor to organize these kinds of visit to promote better understanding and collaboration. (Please click here to view the bios of the delegates.) Itinerary  Washington D.C.  24 June 2014 (Tuesday)  Hong Kong Economic and Trade Office –  Mr. Kenneth Chan, Deputy Director-General –  Mr. Bill Wong, Assistant Director-General –  Ms. Crystal Lam, Assistant Director-General The Brookings Institution –  Dr. Richard Bush, Director, Center for East Asia Policy Studies and Senior Fellow, Foreign Policy, John L. Thornton China Center  –  Dr. Doug Paal, Vice President, Carnegie Endowment for International Peace –  Dr. Michael Martin, Specialist in Asian Affairs, Congressional Research Service Capitol Hill Luncheon Meeting hosted by the U.S.-Asia Institute The Heritage Foundation –  Mr. Walter Lohman, Director, Asian Studies Center –  Mr. Dean Cheng, Senior Research Fellow, Asian Studies Center –  Mr. Bill Wilson, Senior Research Fellow for Asia Economy, Asian Studies Center –  Mr. John Von Kannon, Vice President and Senior Counselor –  Mr. Mike Gonzalez, Senior Fellow, Davis Institute for National Security and Foreign Policy –  Mr. Kim Holmes, Distinguished Fellow U.S. Department of State –  Mr. Kin Moy, Deputy Assistant Secretary, Bureau of East Asian and Pacific Affairs –  Mr. Joel Wiegert, Hong Kong Desk Officer, Office of Chinese and Mongolian Affairs National Security Council –  Ms. Nancy Leou, Director for China and Korean Affairs Meeting at the U.S. Department of State 25 June 2014 (Wednesday)  Breakfast Meeting hosted by the America China Public Affairs Institute Center for American Progress –  Mr. Vikram Singh, Vice President, National Security and International Policy –  Mr. Rudy deLeon, Senior Fellow, National Security and International Policy –  Dr. Melanie Hart, Director, China Energy and Climate Policy –  Ms. Aarthi Gunasekaran, Research Assistant, National Security and International Policy  Lunch hosted by the Embassy of the People’s Republic of China –  Ambassador Cui Tiankai –  Ms. Xu Xueyuan, Political Counselor, Chief of Political Section –  Mr. Wang Qing, Political Section The Washington Post –  Mr. Fred Hiatt, Editorial Page Editor  Congresswoman Grace Meng (D-NY) Ambassador Cui Tiankai (middle) hosting a luncheon for the delegation New York 26 June 2014 (Thursday) The U.S.-Asia Institute Breakfast –  Mrs. Esther Lau-Kee, Trustee –  Mr. Norman Lau-Kee, Trustee –  Mr. David Lew, Trustee –  Dr. Michael Lai, Senior Advisor The New York Times –  Ms. Carol Giacomo, Editorial Board Member Luncheon hosted by the Consulate-General of the People’s Republic of China in New York –  Ambassador Sun Guoxiang, Consul General –  Mr. Cheng Lei, Deputy Consul General –  Mr. Zhang Minjing, Consul –  Mr. Guo Zhenguang, Consul The Economist –  Mr. Matthew Bishop, US Business Editor and New York Bureau Chief –  Mr. Matthew Valencia, Special Assignments Editor –  Mr. Tom Easton, American Finance Editor Standard & Poor’s –  Mr. Curt Moulton, Global Head of the Sovereigns and International Public Finance –  Mr. Todd Whitestone, Managing Director, Sovereign Ratings Asia Society: President’s Forum with Arianna Huffington, Chair, President, and Editor-in-chief, Huffington Post Media Group Meeting at Standard & Poor’s 27 June 2014 (Friday) Breakfast Meeting hosted by Hong Kong Association of New York Morgan Stanley –  Ms. Ellen Zentner, Executive Director and Senior Economist for the U.S. –  Mr. David Lew, Senior Vice President, Morgan Stanley Speaking Luncheon hosted by Asia Society: “Hong Kong’s Future: Autonomy and the Road to 2017” by Mr. Ronnie Chan and Mr. Johnny Mok National Committee on U.S.-China Relations –  Mr. Stephen Orlins, President –  Ms. Jan Berris, Vice President –  Mr. David Youtz, Senior Consultant The Permanent Mission of the People’s Republic of China to the United Nations –  Ambassador Liu Jieyi, Permanent Representative –  Mr. Yao Shaojun, Counsellor –  Mr. Liang Heng Speaking luncheon hosted by Asia Society: “Hong Kong’s Future: Autonomy and the Road to 2017” by Mr. Ronnie Chan and Mr. Johnny Mok

Subsequent to the first delegation to Israel in 2011, the Better Hong Kong Foundation organized another delegation to Israel this year from January 9 to 15. This is jointly organized with Hong Kong Young Industrialists Council (HKYIC). Led by Dr. Roy Chung, Council Member of the Foundation and President Honoris Causa of HKYIC, the delegation met with local government officials from the Ministry of Foreign Affairs and Ministry of Economy, venture capital companies, companies in high-tech and innovation industries, to learn more about the eco-system and business opportunities of innovation and high-tech industries in Israel. Meeting at Ministry of Foreign Affairs List of Delegates The Better Hong Kong Foundation–  Dr. Roy Chung (Leader of the delegation)   Council Member, The Better Hong Kong Foundation   Co-founder and Non-Executive Director, Techtronic Industries Co Ltd   President Honoris Causa, Hong Kong Young Industrialists Council –  Ms. Karen Tang         Executive Director, The Better Hong Kong Foundation –  Mr. Samson Chan   Council Member, The Better Hong Kong Foundation   Chairman & CEO, Manley Toys Ltd –  Ms. Winnie Ng   Council Member, The Better Hong Kong Foundation   Director, The Kowloon Motor Bus Co Ltd Hong Kong Young Industrialists Council–  Mr. Raymond Chan (Deputy Leader of the delegation)   President, Hong Kong Young Industrialists Council   CEO, Jing Mei Industrial Ltd –  Mr. Daniel Cheng (Deputy Leader of the delegation)   Deputy Chairman, Federation of Hong Kong Industries   President, Hong Kong Environmental Industry Association   Managing Director, Dunwell Enviro-Tech (Holdings) Ltd  –  Mr. Bobby Liu   Vice President, Hong Kong Young Industrialists Council   Chief Executive Officer, Milton Holdings International Ltd –  Mr. Sunny Chai   Managing Director, Fook Tin Technologies Ltd  Guests–  Mr. Patrick Chan   Director, Lee Kee Group Ltd  –  Mr. Charles Hui   Executive Director & Financial Director, Central Development Ltd  –  Mr. Chi-ho Ng   Chairman, Suga Int’l Holdings Ltd –  Ms. Grace Yu   Executive Director, Head of Business Development, Ultra High Net Worth APAC UBS AG Organizations visited Tel Aviv Weizmann Institute of Science–  Prof. Daniel Zajfman, President–  Ambassador Amikam Levy–  Ms. Sima Tamir, VIP Visits & Missions, Department of Hospitality & Conferences Luncheon Hosted by Weizmann Institute of Science–  Prof. Mordechai Sheves, Vice President for Technology Transfer  Unistream–  Ms. Iris Raff-Ronen, CEO  Ministry of Economy–  Mr. Abraham Gross, Deputy Chief Scientist, Office of the Chief Scientist (OCS)–  Ms. Merav Tapiero, Program Manager, China – Israel Industrial R&D Framework, Matimop (Branch of OCS)–  Mr. Yossi Smoler, Director of Technological Incubators Program, OCS Van Leer Technological Incubator–  Mr. Oren Gershtein, Former CEO StarTau (Tel Aviv University Entrepreneurship Center)–  Mr. Oren Simanian, Founder & CEO  Hutchison Water–  Mr. Ronen Wofman, CFO & Director  Hutchison Kinrot–  Mr. Roy Wiesner, CEO Manufacturers’ Association of Israel–  Mr. Zvi Oren, President–  Mr. Dan Catarivas, Director of Foreign Trade & International Relations–  Mr. Amiram Shore, Chairman, Foreign Trade & International Relations Division–  Ms. Sima Amir, Director, International Business Development, Division of Foreign Trade & International Relations  Dinner hosted by the Chinese Embassy in Israel–  Ms. Gao YanPing, Chinese Ambassador to Israel–  Mr. Dai Yuming, Counselor, Political Section–  Mr. Zheng Ming, Secondary Secretary, Political Section–  Mr. Hu Ming, Counselor, Economic & Commercial Counsellor’s Office Israel Advanced Technology Industry (IATI)–  Mr. Yoav Chelouche, Managing Partner, Aviv Venture Capital and Co-Chair, IATI  The Israel Export & International Cooperation Institute–  Ms. Sabine Segal, Deputy Director for International Business Affairs  Xsight Systems (Runway management solution)–  Mr. Alon Nitzan, President & CEO–  Mr. David Ofek, Business Leader, Asia Pacific Odis Filtering Ltd–  Mr. Menachem Ghertner, International Business Development Manager  Israel Diamond Institute–  Mr. Eli Avidar, Managing Director and President, Israel-Africa Chamber of Commerce  Pitango Venture Capital–  Mr. Aaron Mankovski, Managing General Partner Jerusalem JVP Media Quarter (Technology Incubator focusing on media)–  Ms. Fiona M. Darmon, VP Investor Relations & Business Development–  Mr. Omri Cherni, Associate–  Mr. Mark Gazit, CEO ThetaRay Mobileye–  Mr. David Oberman, Director, Sales Department  Ministry of Foreign Affairs–  Mr. Amir Weissbrod, Director, Middle East 4 Department, Center for Political Research–  Mr. Asher Yarden–  Mr. Amir Lati Luncheon Hosted by the Ministry of Foreign Affairs–  Mr. Saul Singer, co-author of “Start-Up Nation”–  Mr. Asher Yarden–  Mr. Amir Lati  Yissum (Technology Transfer & IP Company of the Hebrew University)–  Ms. Dana Gavish-Fridman, Director of Marketing  Brainsway Ltd–  Mr. Shmulik Adler, VP of Business Development

The Better Hong Kong Foundation completed its annual delegation visit to the United States from 10 to 13 June 2013. A press conference was held on 26 June 2013 to brief members of the local media about the principal issues dealt with during their stay in the U.S. Members of the delegation also shared their observations and experiences gained from the trip. This year’s delegation was co-led by the Foundation’s Executive Committee Chairman Mr. Ronnie Chan, Chairman of Hang Lung Properties Ltd, and Council Member Dr. Roy Chung, Chairman of Federation of Hong Kong Industries and Co-founder & Non-Executive Director of Techtronic Industries Co Ltd. The Foundation’s Trustee Ms. Pansy Ho, Managing Director of Shun Tak Holdings Ltd also participated in our program in New York. Other delegates included Council Members Mr. Thomas Woo, Director of Hsin Kuang Restaurant (Holdings) Ltd; Ms. Winnie Ng, Director of the Kowloon Motor Bus Co Ltd; Mr. Joseph Yu, Chairman of Roseville Group of Companies; Ms. Diana Chou, Managing Director of Sino Private Aviation (HK) Ltd; Mr. Sebastian Man, Chairman & CEO of Chung Mei International Holdings Ltd; Ms. Juliana Lam, Managing Director of AML Group Holdings Ltd; Mr. John Lee, Managing Director of Bank of America Merrill Lynch and Mr. Anson Chan, Chairman & CEO, Bonds Group of Companies as well as Executive Director Ms. Karen Tang. The Foundation also invited Mr. Franklin Lam, Founder of HKGolden50 and Member of the Executive Council as the commentator on economic affairs of the delegation. (L to R) Mr. John Lee, Ms. Karen Tang, Mr. Ronnie Chan, Dr. Roy Chung, Mr. Joseph Yu and Mr. Anson Chan joined the press conference After introducing the delegates to the media, Ms. Karen Tang explained the main purpose of the delegation was to foster a better understanding of the political, economic and social developments in both the United States and Hong Kong. Mr. Ronnie Chan expressed his gratitude to Ambassador Cui Tiankai, Consul General to New York Sun Guoxiang and Deputy Permanent Representative to UN Wang Min for their hospitality to the delegation. Mr. Chan was glad to see that China has been more proactive in reaching out to the local community, from inside the Beltway to Wall Street, which is important in building better understanding and trust between China and the U.S. At meeting with the rating agency, Mr. Chan expressed his worry of another possible global economic crisis as the fundamental problems after the financial crisis have been lingering without much advancement. Mr. Chan also said “Coincide with the Foundation’s visit to the U.S., I am honoured to chair the opening discussion session for the Trade Development Council’s conference in both New York and Los Angeles – Think Asia, Think Hong Kong, which was very successful. The Chief Executive officiated the conference in New York. It was very well attended and the participants were very receptive to the competitive advantages of Hong Kong.”   Dr. Roy Chung was glad to learn that the think tanks generally were very positive in the Sino-US relations after the recent meeting between President Xi Jingpin and President Obama. They were optimistic in the reform and future developments in China, and conveyed that their policy towards Asia did not imply any containment to China. Dr. Chung also said “During our visit, one of the financial institutions has already warned that the economy is at the stage of post-crisis recovery cycle and that there will be tightening financial policy, hence the likely increase in interest rate. It is what we have been experiencing in the past one week.” Dr. Chung continued that “Hong Kong was back to the radar screen of the U.S. and even on the front page of their newspapers as Mr. Edward Snowden was just revealed that he was in HK, on the first day that our delegation arrived.” He said “It might help raise people’s interest towards Hong Kong as Hong Kong was highly regarded by Mr. Snowden as a place with freedom of expression and a place with an independent and reliable legal system.” Ms. Karen Tang thanked the Hong Kong Economic and Trade Office for their hard work in soliciting the support of the U.S. authorities in granting visa waiver status to Hong Kong passport holders. “We visited 4 congress representatives and expressed our wish of having the visa waiver status and the benefit to their tourism and to facilitating inward investment and hence improvement in their employment”, Ms. Tang said. “We also had meeting with Clinton’s Global Initiatives (CGI) who is exploring to bring back the CGI Asia to Hong Kong in 2014. We welcome and hope to facilitate more international conferences held in Hong Kong.” On behalf of the Foundation, Ms. Tang thanked Mr. Franklin Lam for his presentation and analysis over Hong Kong’s competitive advantages, both with hard figures and a lot of soft factors at many meetings.    Mr. Franklin Lam shared his thoughts on this trip earlier that the meeting at the Heritage Foundation particularly resonated with him as he concurs with most of its belief in the principles of free enterprise, limited government and individual freedom. When they were updated of how our “small government” managed to achieve fiscal surplus of 2-4% in the past four years while the typical western country was suffering deficits of 6-10% in the global economic malaise, they were quick to appreciate how Hong Kong was managing to achieve “inclusive growth” in the past three years when tourism and inflow of other business opportunities had managed to create jobs that benefitted all segments of society especially the lower-skilled. They shared that other countries told them that they wanted to be “like Hong Kong”. Also, in a number of meetings, the uniqueness of a fair and neutral Hong Kong was highlighted. This is very important for an Asian strategy (e.g. choosing an Asian headquarters) as the region is “radicalizing” with resurgence of nationalism in a number of countries. Most of the groups we visited had a good idea of our financial and economic capabilities from the many “muscle indices” (eg IPO’s etc) in the market. Many were surprised just how good our “heart indices” are compared with the rest of Asia. These show that Hong Kong is a truly compassionate and trustworthy society. Mr. Thomas Woo said the Foundation has been visiting big cities including New York and Washington DC to promote Hong Kong and to explain its latest developments since 2005. The Foundation also organizes and receives high-level overseas delegations from political circles, academic institutions, think tanks, enterprises and research institutes to exchange opinions and position on different social issues, through forums and conferences. Such activities are more effective, comparing to official interaction, in building trust and friendship. He believed the Foundation could play an important role not only in assisting our government to fight for the interests of Hong Kong, eg the Visa Wavier Program of the U.S., but also to promote the image of Hong Kong and China as a whole internationally. Ms. Diana Chou noted a marked difference as our Hong Kong pitch was enhanced by the presentation of Mr. Franklin Lam. His research indicated that Hong Kong is not just a financial and trading hub in Asia, but also a city of culture and art where major international events such as Art Basel Hong Kong congregates. It’s the first time she felt perhaps Hong Kong should stand on its own merit as we become a world class city. The success of Hong Kong reflects how well the “One Country Two Systems” works. She hopes Hong Kong people should be constantly reminded and be proud of our heritage and unique geographical location as the super connector to Asia and gateway to our motherland. Mr. Sebastian Man was gratifying to hear that the international community continued to have a positive view of Hong Kong. Of course, they are all well aware of the issues we face, the politics, the economic challenges, etc. On the politics front, while people do feel it is a healthy debate and a natural process towards democracy, it is important that we get our act together soon. In that context, it is good news to learn that the U.S. is working on visa waiver for Hong Kong. However, it is by no means a certainty and in fact, there are still challenges and we are delighted that we were able to put in our words to the people we met as well.   Ms. Juliana Lam was impressed that there are many passionate people running different U.S. organizations and contributing their lives in order to bridge the understanding of the U.S. and China, bonding the two countries together from all kinds of aspects including culture exchange, political view sharing, etc. They are successful leaders and devote themselves to achieve these goals which echo the mission of the Foundation. Mr. John Lee joined the delegation for the first time and said it has truly been an amazing experience during the four day visit to New York and Washington DC. Furthermore, this trip has been particularly memorable as it also coincided with our Honorable Chief Executive’s visit to New York. During our visit, we met with a number of business associations as well as government officials to share our views of Hong Kong and to promote the unique advantages of Hong Kong to further assess potential opportunities in this vibrant city. As the Chief Executive said in his speech, Hong Kong is “a Madison Avenue of the East and a super-connector in linking U.S. firms to markets in the Mainland of China and across Asia”. Hong Kong indeed has many unique advantages and as a Council Member of the Foundation, he hopes to continue to promote the merits and opportunities in Hong Kong. Ms. Tang expressed her sincere gratitude to the delegates and all organizations visited for their support in making the delegation a success. This regular updates and dialogue with the business community in New York and among interlocutors inside the Beltway is important in enhancing greater mutual understanding. The Foundation will endeavor to organize these kinds of visit to promote better understanding and collaboration.

The Foundation completed its annual delegation visit to the United States from 10 to 13 June 2013. The main purpose of the delegation was to foster a better understanding of the political, economic and social developments in both the United States and Hong Kong. This year’s delegation was co-led by the Foundation’s Executive Committee Chairman Mr. Ronnie Chan, Chairman of Hang Lung Properties Ltd, and Council Member Dr. Roy Chung, Chairman of Federation of Hong Kong Industries and Co-founder & Non-Executive Director of Techtronic Industries Co Ltd. The Foundation’s Trustee Ms. Pansy Ho, Managing Director of Shun Tak Holdings Ltd also participated in our program in New York. Other delegates included Council Members Mr. Thomas Woo, Director of Hsin Kuang Restaurant (Holdings) Ltd; Ms. Winnie Ng, Director of the Kowloon Motor Bus Co Ltd; Mr. Joseph Yu, Chairman of Roseville Group of Companies; Ms. Diana Chou, Managing Director of Sino Private Aviation (HK) Ltd; Mr. Sebastian Man, Chairman & CEO of Chung Mei International Holdings Ltd; Ms. Juliana Lam, Managing Director of AML Group Holdings Ltd; Mr. John Lee, Managing Director of Bank of America Merrill Lynch and Mr. Anson Chan, Chairman & CEO, Bonds Group of Companies as well as Executive Director Ms. Karen Tang. The Foundation also invited Mr. Franklin Lam, Founder of HKGolden50 and Member of the Executive Council as the commentator on economic affairs of the delegation. The delegation visited the Executive Branch (U.S. Department of State and U.S. Department of Commerce); members of the Legislative Branch (Congressmen); think tanks (The Brookings Institution, The Heritage Foundation, National Committee on U.S.-China Relations and the U.S.-Asia Institute); a financial institution (Morgan Stanley); a rating agency (Fitch Ratings); NGOs (Hong Kong Association of New York and Clinton Global Initiative) and a university (George Washington University). The delegation also visited the Hong Kong Economic and Trade Office (HKETO) in Washington DC. During the visit in New York, the delegation participated in “Think Asia Think Hong Kong” conference organized by the Hong Kong Trade and Development Council as well as its Hong Kong Dinner. The delegation was also invited to join the reception hosted by the HKETO New York in honor of the Chief Executive C Y Leung in celebration of its 30th anniversary of establishing its office in New York. After visited Washington DC, seven delegates continued to participate in “Think Asia Think Hong Kong” conference in Los Angeles. They were also invited to the luncheon hosted by the HKETO San Francisco and the opening ceremony and launch reception for “Hong Kong Live” hosted by the Hong Kong Tourism Board respectively. The delegation was honored that the Embassy of the PRC in the U.S. (Ambassador Cui Tiankai) and the Consulate-General of the People’s Republic of China in New York (Ambassador Sun Guoxiang and Deputy Consul General Dong Xiaojun) hosted luncheons to welcome the delegation respectively. The delegation was also received by the Permanent Mission of the PRC to the UN (Ambassador Wang Min) in New York. This regular updates and dialogue with the business community in New York and among interlocutors inside the Beltway is important in enhancing greater mutual understanding. The Foundation will endeavor to organize these kinds of visit to promote better understanding and collaboration. Itinerary New York 10 June 2013 (Monday)  Hong Kong Association of New York Breakfast Meeting with the Honorable C Y Leung, Chief Executive of the HKSAR Morgan Stanley – Mr. Jim Caron, Managing Director, Investment Management – Mr. David Lew, Senior Vice President, Morgan Stanley National Committee on US-China Relations – Mr. Stephen Orlins, President – Ms. Jan Berris, Vice President Luncheon hosted by the US-Asia Institute – Mr. Marlon Young, Chairman of USAI – Mr. Norman Lau-Kee, Trustee of USAI – Mrs. Esther Lau-Kee, Trustee of USAI – Mr. David Lew, Trustee of USAI – Ms. Mary Sue Bissell, Vice President & Executive Director, USAI – Mr. Glenn Lau-Kee, President-Elect, New York State Bar Association Clinton Global Initiative – Mr. Robert Harrison, Chief Executive Officer – Ms. Lisa Rickert, Director of CGI International Reception Hosted by the HKETO in honor of the Honorable C Y Leung, Chief Executive of the HKSAR New York Asian Film Festival Star Asia Lifetime Achievement Award Ceremony honoring Mr. Jackie Chan 11 June 2013 (Tuesday) “Think Asia Think Hong Kong” organized by the Hong Kong Trade Development Council  Luncheon Hosted by the Consulate-General of the People’s Republic of China in New York – Ambassador Sun Guoxiang, Consul General – Mr. Dong Xiaojun, Deputy Consul General – Mr. Zhang Minjing, Consul – Ms. Chen Quan, Vice Consul – Dr. Peter Lam, Trustee, The Better Hong Kong Foundation Fitch Ratings – Mr. Douglas Murray, Managing Director, Business & Relationship Management – Mr. Daniel Noonan, Managing Director, Corporate Communications               The Permanent Mission of P.R. China to the United Nations – Ambassador Wang Min, China’s Deputy Permanent Representative to the United Nations Hong Kong Dinner Hosted by Hong Kong Trade Development Council  Washington D.C. 12 June 2013 (Wednesday) Hong Kong Economic and Trade Office – Mr. Bassanio So, Director-General – Mr. Kenneth Chan, Deputy Director-General – Mr. Bill Wong, Assistant Director-General  Luncheon Hosted by the Embassy of the People’s Republic of China in the U.S.A. – Ambassador Cui Tiankai – Mr. Yu Dunhai, First Secretary & Deputy Chief of Political Section – Mr. Wang Qing, First Secretary The Brookings Institution – Mr. Kenneth Lieberthal, Director, John L Thornton China Center Congresswoman Martha Roby (R-AL)  Congressman Spencer Bachus (R-AL)  Asia Society Washington Awards Dinner honoring Mr. Zhang Yesui, Deputy Foreign Minister of People’s Republic of China and Mr. Thomas Donilon, National Security Advisor to President Barack Obama 13 June 2013 (Thursday) Congressman Robert Pittenger (R-NC)  Congressman Jo Bonner (R-AL)  Congresswoman Terri Sewell (D-AL)  U.S. Department of State – Mr. Kin Moy, Deputy Assistant Secretary, Bureau of East Asian and Pacific Affairs – Mr. Joel Wiegert, Hong Kong Desk Officer, Office of Chinese and Mongolian Affairs Luncheon Hosted by the Heritage Foundation – Dr. Edwin Feulner, Founder of the Foundation and Chairman of Asian Studies Center – Mr. Walter Lohman, Director, Asian Studies Center – Ambassador Terry Miller, Director, Center for International Trade and Economics (CITE) and the Mark A Kolokotrones Fellow in Economic Freedom – Mr. Anthony Kim, Senior Policy Analyst, Economic Freedom, CITE – Mr. Bryan Riley, Jay Van Andel Senior Policy Analyst in Trade Policy, CITE – Dr. J D Foster, Norman B. Ture Senior Fellow in Economics of Fiscal Policy George Washington University – Dean Michael E. Brown, GWU Elliott School – Dean Doug Guthrie, GWU Business School U.S. Department of Commerce – Mr. Francisco Sanchez, Under Secretary for International Trade – Mr. Alain de Sarran, Deputy Regional Director, Office of International Operations-East Asia Pacific – Mr. Scott Tatlock, Deputy Director, Office of China and Mongolia Los Angeles (7 delegates participated)  14 June 2013 (Friday) Breakfast Meeting Hosted by Bingham McCutchen LLP                                     “Think Asia Think Hong Kong” organized by the Hong Kong Trade Development Council Luncheon Hosted by the HKETO in honour of the Honorable Gregory So, Secretary for Commerce and Economic Development of the HKSAR Government  Opening Ceremony & Launch Reception for Hong Kong Live Hosted by Dr. Peter Lam, Chairman of the Hong Kong Tourism Board At the Hong Kong Association of New York breakfast meeting with the Honorable C Y Leung, Chief Executive of the HKSAR (front row, 3rd left) Meeting with the National Committee on US-China Relations Luncheon hosted Ambassador Sun Guoxiang, Consul General of the PRC in New York (3rd left) Luncheon hosted by Ambassador Cui Tiankai (6th right), Embassy of the PRC in the USA Meeting with Congressman Jo Bonner (R-AL) (middle) Meeting with Mr. Francisco Sanchez, Under Secretary for International Trade

In order to have a better understanding on the economic and cultural developments in Taiwan as well as its investment environment and opportunities, the Better Hong Kong Foundation organized the first delegation to Taiwan from 16 – 19 April 2013, visiting Taipei and Taichung cities. During the trip, the delegation has fruitful meetings with the Mayors of the two cities; Honorary Chairman of Kuomintang Mr. Lien Chan; representatives from commercial, industrial and cultural industries; and experts from local think tanks. It is hoped that further deliberations and collaborations could be enhanced after the visit. The delegation was supported by Hong Kong Economic, Trade and Cultural Office in Taiwan and Taipei Economic and Cultural Office in Hong Kong.  List of Delegates: 1) Tan Sri Dato’ David Chiu      Trustee, BHKF / Chairman, Far East Consortium International Ltd 2) Mr. Philip Ma (Leader)     Council Member, BHKF / Deputy Chairman & CEO, The Sincere Co Ltd 3) Mr. John Lee (Deputy Leader)     Council Member, BHKF / Managing Director, Bank of America Merrill Lynch 4) Mr. Matthew Lam      Council Member, BHKF / Executive Deputy Chairman, Lai Fung Holdings Ltd 5) Ms. Winnie Chiu      Council Member, BHKF / President & Executive Director, Dorsett Hospitality International 6) Dr. Choi Lung-wai     Council Member, BHKF / President, Goodway Electrical Enterprise Ltd 7) Mr. Thomas Woo & Mrs. Stella Woo     Council Member, BHKF / Executive Managing Director & General Manager, Hsin Kuang Restaurant (Holdings) Ltd 8) Mr. Sebastian Man     Council Member, BHKF / Chairman & CEO, Chung Mei International Holdings Ltd 9) Ms. Juliana Lam     Council Member, BHKF / Managing Director, AML Group Holdings Ltd 10) Mr. Anson Chan       Council Member, BHKF / Chairman & CEO, Bonds Group of Companies 11) Mr. Tommy Hui *        Council Member, BHKF / Executive Director, Hengan International Group Co Ltd 12) Mr. Billy Yung *       Council Member, BHKF / Chairman & Chief Executive, Shell Electric Holdings Ltd 13) Mr. Andrew Yao *        Council Member, BHKF / Chairman, Van Shung Chong Holdings Ltd 14) Mr. Abraham Chung *        Representative of Trustee Mr. Victor Cha / Executive Director, HKR International Ltd 15) Mr. Dario Pang *        Managing Director, Ferro Resources Ltd / Executive Director, Shiu Wing Steel Ltd 16) Ms. Karen Tang        Executive Director, BHKF  *  joined the visit in Taipei city Itinerary Taipei City 16 April 2013 – Chinese National Association of Industry & Commerce, Taiwan – Sanlih E-Television Co Ltd – Dinner hosted by Hong Kong Economic, Trade and Cultural Office in Taiwan 17 April 2013 – Breakfast meeting hosted by Hong Kong Economic, Trade and Cultural Office in Taiwan – Xue Xue Institute – Mr. Hau Lung-Bin, Mayor of Taipei City – National Policy Foundation – Dinner hosted by Mr. Lien Chan, Honorary Chairman of Kuomintang Taichung City 18 April 2013 – Visit to "Taichung Insights" – Meeting with Mr. Jason Hu, Mayor of Taichung City – Luncheon hosted by Mr. Tsai Ping-kun, Deputy Major of Taichung City – Director of Sun Moon Lake National Scenic Area Administration 19 April 2013 Back to Hong Kong Visit to Hong Kong Economic, Trade and Cultural Office in Taiwan Meeting with Mr. Hau Lung-Bin, Mayor of Taipei City Honorary Chairman of Kuomintang Mr. Lien Chan (R) met and hosted a dinner for the delegation Meeting with Mr. Jason Hu (R), Mayor of Taichung City

The Better Hong Kong Foundation completed its annual delegation visit to the United States from 20 to 25 June 2012. On 11 July, a press conference was held to brief members of the local media about the principal issues dealt with during their stay in the U.S. Members of the delegation also shared their observations and experiences gained from the trip. This year’s delegation was led by the Foundation’s Executive Committee Chairman Mr. Ronnie Chan, Chairman of Hang Lung Properties Ltd, and joined by four Foundation’s Council Members Mr. Philip Ma, Deputy Chairman & CEO of the Sincere Co Ltd; Mr. Sebastian Man, Chairman & CEO of Chung Mei International Holdings Ltd; Ms. Juliana Lam, Director of AML Group Holdings Ltd and Mr. Leung Wai-fung; and Executive Director Ms. Karen Tang. The Foundation also invited Prof. Liu Pak-wai, Professor of Economics of the Chinese University of Hong Kong as the chief commentator on economic affairs of the delegation. After introducing the delegates to the media, Ms. Karen Tang explained the main purpose of the delegation was not only to foster a better understanding of the political, economic and social developments in both the United States and Hong Kong, but also shared our observations and views with interlocutors in the United States on how Hong Kong business sector looked at the change in the governing philosophy and the business environment in Hong Kong and Mainland China under the new leadership. The potential of Hong Kong as off-shore RMB center was also highlighted. Mr. Ronnie Chan talked about his observations on the latest developments in China and the role of Hong Kong. He pointed out that the new leadership of both Mainland China and Hong Kong will be facing a more difficult situation than their predecessors because of the recent international financial crisis, various demands and higher expectations from the society and its people. However, Mr. Chan has confidence on the effort and determination of the new leadership of Mainland China and Hong Kong to address those issues and to sustain a steady growth of economy. Mr. Ronnie Chan asserted that the new leadership of Mainland China would continue its reform and opening up policy, not because of particular personnel but rather because of the “necessity”. Hong Kong under the one country two systems and the gateway to Mainland China will continue to benefit from the growth and development of our motherland. On the other hand, only a healthy and constructive Sino-U.S. relationship will benefit both countries, especially under the volatile international economy. However, it has never been an easy task, especially when the U.S. economy is facing challenges and the President election in November adds to the uncertainty. On the economic front, Prof. Liu Pak-wai highlighted the economic benefits to the development of Hong Kong into the premier international financial center as the Reminbi becomes an international currency for trading, investment and eventually foreign exchange reserve, a point that is not yet on the radar screen of most of our American host. Ms. Karen Tang observed the people we met showed considerable interest in the newly-elected Chief Executive of HKSAR, Mr. C Y Leung. In general, they all wished Hong Kong well. The interest on the change in leadership in Beijing later this year was strong. Some of them were concerned with the sociopolitical developments in Mainland China and to a lesser extent the slowdown of its economy. Prof. Liu Pak-wai commented that the American hosts in the United States Government, NGOs, think tanks and business were very friendly. He felt that there was a lot of goodwill towards Hong Kong in general and the Better Hong Kong Foundation in particular. The hospitality of the Chinese diplomats was overwhelming. Interaction with participants in our numerous sessions and among members of the delegation was very stimulating. He found the visit an intellectually and culturally enriching experience. Mr. Philip Ma had the impression that Americans enjoyed talking to Hong Kong business people on political and economic developments in Mainland China and Hong Kong; and Hong Kong continued to be seen as the gateway to Mainland China, the world’s second largest economy. Mr. Ma was particularly impressed by the sharing of Ambassador Li Baodong of his works in the United Nation, especially how he handled the complex and complicated international relationship. The strong message that Ms. Juliana Lam got during the trip was that Hong Kong has been undoubtedly a very advantageous metropolis. Owing to the geographical and historical factors, Hong Kong is not only established to enjoy the One Country Two Systems, but also allowed to enjoy the pioneer position as a bridge between Mainland China and other countries which has led Hong Kong to remain competitive in different areas. She hoped that Hong Kong would treasure these advantages and would continue to thrive. Although Mr. Sebastian Man and Mr. Leung Wai-fung were out of town and could not attend the press conference. However, they have written their comments earlier. Mr. Sebastian Man was gratified to see that the overseas community has continued to have positive and favorable views on Hong Kong. The general feeling was that 15 years of the One Country Two Systems by and large has worked. Most people felt that Hong Kong will continue to play a vital role in China’s continuous development, whether in the financial sector or because of its rule of law. People are also positive about Hong Kong’s gradual move towards democracy. In fact, public opinion significantly influenced the outcome in this election of the Chief Executive of HKSAR. Mr. Leung Wai-fung emphasized that gradual milestones and proactive efforts must be maintained to reconcile different understandings and expectations and through constructive communication between Hong Kong, Mainland China and the West. The world is focusing on bigger issues, such as strategic relationship between China and the U.S., the financial crisis in Europe and the U.S. and how they are impacting the world. And yet, the delegation also put forth the strategic role of Hong Kong, and its potential implication to the world’s economic landscape going forward. Ms. Tang expressed her sincere gratitude to the delegates and all organizations visited for their support in making the delegation a success. This regular updates and dialogue with the business community in New York and among interlocutors inside the Beltway is important in enhancing greater mutual understanding. The Foundation will endeavor to organize these kinds of visit to promote better understanding and collaboration.

The Better Hong Kong Foundation (“the Foundation”) completed its annual delegation visit to the United States from 20 to 25 June 2012. This year’s delegation was led by the Foundation’s Executive Committee Chairman Mr. Ronnie Chan, Chairman of Hang Lung Properties Ltd, and joined by four Foundation’s Council Members Mr. Philip Ma, Deputy Chairman & CEO of the Sincere Co Ltd; Mr. Sebastian Man, Chairman & CEO of Chung Mei International Holdings Ltd; Ms. Juliana Lam, Director of AML Group Holdings Ltd and Mr. Leung Wai-fung; and Executive Director Ms. Karen Tang. The Foundation also invited Prof. Liu Pak-wai, Professor of Economics of the Chinese University of Hong Kong as the chief commentator on economic affairs of the delegation. The main purpose of the delegation was not only to foster a better understanding of the political, economic and social developments in both the United States and Hong Kong, but also shared our observations and views with interlocutors in the United States on how Hong Kong business sector looked at the change in the governing philosophy and the business environment in Hong Kong and Mainland China under the new leadership. The potential of Hong Kong as off-shore RMB center was also highlighted. The delegation visited the Executive Branch (U.S. Department of State and U.S. Department of Commerce); members of the Legislative Branch (Congressional staffers and former Congressmen); think tanks (The Brookings Institution,  The Heritage Foundation, National Committee on US-China Relations, Foreign Policy Association and US-Asia Institute); a financial institution (Morgan Stanley); a rating agency (Standard & Poor’s); and a university (George Washington University). The delegation also visited the Hong Kong Economic and Trade Office in Washington DC. The delegation was invited to luncheons and dinner hosted by the Embassy of the PRC in the U.S. (Ambassador Zhang Yesui and Minister Yang Zigang), the Permanent Mission of the PRC to the UN (Ambassador Li Baodong) and the Consulate-General of the People’s Republic of China in New York (Deputy Consul General Dong Xiaojun). At a luncheon speech titled “The Business and Economic Environment in Hong Kong and Mainland China under the New Leadership”, Mr. Ronnie Chan talked about his observations on the latest developments in China and the role of Hong Kong. He pointed out that the new leadership of both Mainland China and Hong Kong will be facing a more difficult situation than their predecessors because of the recent international financial crisis, various demands and higher expectations from the society and its people. However, Mr. Chan has confidence on the effort and determination of the new leadership of Mainland China and Hong Kong to address those issues and to sustain a steady growth of economy. Mr. Ronnie Chan asserted that the new leadership of Mainland China would continue its reform and opening up policy, not because of particular personnel but rather because of the “necessity”. Hong Kong under the one country two systems and the gateway to Mainland China will continue to benefit from the growth and development of our motherland. On the other hand, only a healthy and constructive Sino-U.S. relationship will benefit both countries, especially under the volatile international economy. However, it has never been an easy task, especially when the U.S. economy is facing challenges and the President election in November adds to the uncertainty. On the economic front, Prof. Liu Pak-wai highlighted the economic benefits to the development of Hong Kong into the premier international financial center as the Reminbi becomes an international currency for trading, investment and eventually foreign exchange reserve, a point that is not yet on the radar screen of most of our American host. Ms. Tang expressed her sincere gratitude to the delegates and all organizations visited for their support in making the delegation a success. This regular updates and dialogue with the business community in New York and among interlocutors inside the Beltway is important in enhancing greater mutual understanding. The Foundation will endeavor to organize these kinds of visit to promote better understanding and collaboration. Itinerary Washington D.C. 19 June 2012 (Tuesday) Dinner Hosted by Minister Yang Zigang, Embassy of the People’s Republic of China in the U.S.A 20 June 2012 (Wednesday) Hong Kong Economic and Trade Office Mr. Bassanio So, Director-General Mr. Kenneth Chan, Deputy Director-General Brookings Institution Dr. Richard C. Bush, Director, Center for Northeast Asian Policy Studies Dr. Jeffrey Bader, Whitehead Senior Fellow in International Diplomacy The Heritage Foundation Speaking Luncheon: “A Business Perspective on the Chinese Economy” by Mr. Ronnie Chan and Prof. Liu Pak-wai Dr. Edwin Feulner, President, The Heritage Foundation Mr. Robert Pennington, Trustee, The Heritage Foundation Mr. David Addington, Senior Vice President and Deputy Chief Operating Officer, The Heritage Foundation Ms. Elaine Chao, Distinguished Fellow, The Heritage Foundation Mr. Walter Lohman, Director, Asian Studies Center, The Heritage Foundation Dr. Derek Scissors, Research Fellow, Asian Studies Center, The Heritage Foundation Mr. J D Foster, Norman D Ture Senior Fellow, The Heritage Foundation Mr. Ervin Yeo, First Secretary, Political Section, Embassy of the Republic of Singapore Mr. Daniel Bob, Senior Fellow, Director for U.S.-Japan Programs, Sasakawa Peace Foundation USA Mr. Bassanio So, Director-General, Hong Kong Economic and Trade Office Ms. Oriana Mastro, Fellow, Center for a New American Security Mr. Matt Stumpf, Director, Washington Office, Asia Society Mr. Rudy deLeon, Senior Vice President of National Security and International Policy, Center for American Progress Mr. Ali Fisher, Policy Analyst and Manager, China Studies, Center for American Progress Dr. Almarie Munley, Professor, Regent University Mr. Jeremie Waterman, Executive Director, Greater China, Senior Policy Advisor, Asia, U.S. Chamber of Commerce U.S. Association of Former Members of Congress The Hon Don Bonker (Washington) The Hon William Zeliff, Jr (New Hampshire) The Hon Martin Frost (Texas) The Hon William Hudnut III (Indiana) The Hon Baron Hill (Indiana) The Hon John Tanner (Tennessee) Mr. Peter Weichlein, Executive Director U.S. Department of Commerce Mr. Craig Allen, Deputy Assistant Secretary for Asia Market Access and Compliance Mr. Alain de Sarran, Deputy Regional Director, Office of International Operations-East Asia Pacific Mr. Joshua Wu, International Trade Specialist, Office of the China and Mongolia Dinner Hosted by Mr. Benjamin Wu, President, USAI 21 June 2012 (Thursday) Capitol Hill Breakfast Forum with Key Congressional Advisors Mr. Ben Wu, Mr. Robert Jordan, Mr. Al Reyes, Mr. Ben Fishburne, US-Asia Institute Mr. John Sandy, Chief of Staff, Senator James Risch (R-Idaho) Mr. Hunter Ridgway, Chief of Staff, Rep. John Olver (D-Massachusetts) Mr. George Rogers, Counsel, Speaker John Boehner (R-Ohio) Mr. Scott Shiller, Legislative Director, Rep. Billy Long (R-Missouri) Ms. Bridgette DeHart, Legislative Counsel, Rep. Yvette Clarke (D-New York; Secretary Congressional Black Caucus) Mr. Warren Tryon, Deputy Staff Director, House Financial Services Committee Dr. Thomas Lum, Congressional Research Service Mr. Wally Hsueh, Staff Director, Senate Small Business & Entrepreneurship Committee George Washington University Dean Doug Guthrie, GWU Business School Dean Michael E. Brown, GWU Elliott School Luncheon Hosted by the Embassy of the People’s Republic of China in the U.S.A Ambassador Zhang Yesui Mr. Zhou Jingxing, Counselor U.S. Department of State Mr. Aubrey Carlson, Director, Office of Chinese and Mongolian Affairs Ms. Amelia Liebhold, Foreign Affairs Officer, Office of Chinese and Mongolian Affairs Mr. Al From, Founder and Former CEO of the Democratic Leadership Council New York 22 June 2012 (Friday) Breakfast Meeting Hosted by Foreign Policy Association Mr. Noel Lateef, President, Foreign Policy Association Mr. James Dougherty, Whitehead Fellow, Foreign Policy Association Mr. Daniel McKevitt, Chief Financial Officer, Foreign Policy Association Mr. Tor Miller, Online Editorial Intern, Foreign Policy Association Mr. Takako Fujiki, Director of Meetings Program, Foreign Policy Association Mr. Walter Bell, Chairman, Swiss Re America Holding Corp. Mr. Edward F Cox, Partner, Patterson, Belknap, Webb & Tyler Mr. Brendan Dougher, NY Metro Region Managing Partner, PwC Mr. Duncan Edwards, President & CEO, Hearst Magazines International Ms. Nina Henderson, Managing Partner, Henderson Advisory Mr. Alex Lari, Chairman, The Claremont Group Mr. Stephen Lari, Principal, The Claremont Group Mr. Thomas Michaud, CEO & President, Keefe, Bruyette & Woods, Inc. Mr. Reed Phillips III, Managing Partner, DeSilva & Phillips Mr. Hugh Roome, President, Scholastic International Mr. Fred Teng, Chairman, Hong Kong Association of New York Mr. Enzo Viscusi, Senior Advisor, ENI S.p.A Mr. Spiros Voutsinas, President, Atlantic Bank Standard and Poor’s Mr. Paul Coughlin, Executive Managing Director, Global Analytics & Operations Mr. John Piecuch, Director, Communications Luncheon Hosted by the Permanent Mission of P.R. China to the United Nations Ambassador Li Baodong, China’s Permanent Representative to the United Nations Ms. Lu Hailin, Spouse of Ambassador Li Baodong Dinner Hosted by the Consulate-General of the People’s Republic of China in New York Mr. Dong Xiaojun, Deputy Consul General Mr. Zhang Minjing, Consul Mr. Wu Jun, Vice Consul 25 June 2012 (Monday) National Committee on U.S. China Relations Ms. Jan Berris, Vice President Mr. Jonathan Lowet, Director, Leadership Initiatives Mr. Daniel Murphy, Senior Program Officer Ms. Haini Guo, Senior Program Officer Mr. Daniel Rosen, Partner, Rhodium Group The Hong Kong Association of New York Speaking Luncheon: “The Business and Economic Environment in Hong Kong and Mainland China under the New Leadership ” by Mr. Ronnie Chan and Prof. Lui Pak-wai Morgan Stanley Mr. Vincent Reinhart, Managing Director, Chief U.S. Economist Mr. David Lew, Senior Vice President, Morgan Stanley     Luncheon hosted by Ambassador Zhang Yesui (middle) Speaking Luncheon at the Heritage Foundation Meeting with former Congressmen Meeting with representatives of Department of State Luncheon hosted by Ambassador Li Baodong (middle) and Mrs. Li (on his right)

Jointly organized by the Better Hong Kong Foundation and the Federation of Hong Kong Industries (FHKI) and with the support of the Consulate General of Israel in Hong Kong, a delegation to Israel was held from 30 October to 5 November 2011. Led by Dr. Roy Chung, Council Member of the Foundation and Chairman of FHKI, the delegation met with local government officials and companies in high-tech industries to learn more about investment opportunities in Israel. The Foundation’s Executive Committee Chairman Mr. Ronnie Chan joined the first day meeting with the officials from the Ministry of Foreign Affairs. List of delegates: Dr. Roy Chung (Leader) Council Member, The Better Hong Kong Foundation / Chairman, Federation of Hong Kong Industries / Co-founder & Non-Executive Director, Techtronic Industries Co Ltd   Mr. Jacky Cheung Chairman, Shinhint Acoustic Link Holdings Ltd   Mr. Arthur Lee Chairman, Hong Kong X’tals Ltd   Mr. C S Ng Chairman & CEO, Computer And Technologies Holdings Ltd   Dr. Cheung Nim Kwan CEO, Hong Kong Applied Science and Technology Research Institute Co Ltd   Mr. Horris Leung Business Development Director, TDK China Co Ltd   Mr. Richard Chan Senior Manager (Capital Works), Innovation and Technology Commission Organizations Visited: Ministry of Foreign Affairs National Economic Council, Office of the Prime Minister Israel-Asia Chamber of Commerce Israel Association of Electronics &Software Industries Israel Diamond Institute Israeli Community of Designers Manufacturers Association of Israel Hebrew University Weismann Institute of Science “Van Leer” technological incubator Visitor Center of “Better Place” (Electric Car) DLD Tel-Aviv Festival The Foundation’s Executive Committee Chairman Mr. Ronnie Chan (1st right) joining the delegation led by Council Member Dr. Roy Chung (3rd right) to visit the Ministry of Foreign Affairs On behalf of the delegation, Mr. Ronnie Chan (right) and Dr. Roy Chung (left) thanking Ambassador Irit Ben-Abba for hosting the luncheon to the delegation

A Members of Congress delegation from the Congressional Asian Pacific American Caucus (CAPAC) visited the Mainland China and Hong Kong from 27 August – 4 September 2011. The Better Hong Kong Foundation sponsored the delegation to visit Hong Kong from 1 – 3 September. Congresswoman Judy Chu, Congressman Michael Honda and Congressman Eni F H Faleomaevaga led the delegation which was organsied by the U.S.-Asia Institute. The primary focus of the delegation was to foster economic development opportunities between the U.S. and China, and to promote U.S. exports. As the host in Hong Kong, the Foundation’s Executive Director Ms. Karen Tang accompanied the delegation during their stay in Hong Kong. On 2 September 2011, the Foundation’s Executive Committee Chairman Mr. Ronnie Chan; Council Members Dr. Roy Chung, Ms. Judy Yu, Mr. Joseph Yu, Mr. Tony Choi, Mr. Albert Ip, Mr. Philip Ma, Ms. Diana Chou and Mr. Sebastian Man; and Executive Director Ms. Karen Tang hosted a luncheon for the delegation and exchanged views with the delegates on developments in Hong Kong and the Mainland China. List of delegates: The Honorable Dr. Judy Chu (Leader) Chairman, CAPAC   The Honorable Michael “Mike” Honda Chairman Emeritus, CAPAC   The Honorable Eni F H Faleomaevaga Member, CAPAC and Ranking Member, House Foreign Affairs Subcommittee on Asia, the Pacific and Environment   Ms. Amelia Wang Chief of Staff, Congresswoman Judy Chu   Mr. Mark Nakamoto Legislative Assistant, Congressman Mike Honda   Mr. Solomona Aeolua Chief of Staff, Congressman Eni F H Faleomaevaga   Mr. Gene Kim Executive Director, CAPAC   Dr. Thomas Lum Specialist in Asian Affairs, Foreign Affairs, Defense and Trade Division, Congressional Research Service   Mr. Norman Lau Kee Founding Trustee and Chairman Emeritus, The U.S.-Asia Institute Organizations Visited in Hong Kong: Commerce and Economic Development Bureau Hong Kong Trade Development Council Hongkong International Terminals Dinner hosted by the China-U.S. Exchange Foundation with Mr. C H Tung, Former Chief Executive of Hong Kong A fruitful discussion between delegates and members of the Foundation Meeting with Commerce and Economic Development Bureau Ms. Margaret Fong (right), Deputy Executive Director of the Hong Kong Trade Development Council, introducing the role and function of the Council to Congresswoman Judy Chu Visit to Hongkong International Terminals

The Better Hong Kong Foundation (“the Foundation”) completed its annual delegation to the United States from 16 to 19 May this year. Led by the Foundation’s Executive Committee Chairman and Chairman of Hang Lung Properties Ltd Mr. Ronnie Chan, members of this year’s delegation included four Foundation’s Council Members Mr. Joseph Yu, Chairman of Roseville Group of Companies, Mr. Albert Ip, Independent Non-Executive Director of Eagle Asset Management (CP) Ltd, Mr. Philip Ma, Group Managing Director of The Sincere Co Ltd, and Ms. Diana Chou, Managing Director of Sino Private Aviation (HK) Ltd, as well as the Foundation’s Executive Director Ms. Karen Tang. The main purpose of the delegation which was to provide an annual update about Hong Kong’s present situation, to share our perspectives on developments in China, and to exchange views with interlocutors in the United States and gauge the temperature in the Beltway regarding their views on developments in Hong Kong, Mainland China, the U.S. and the China-US relationship. The delegation visited the Executive Branch (U.S. Department of State and U.S. Department of Commerce); the Legislative Branch (Congressional staffers); think tanks (Brookings Institution, Carnegie Endowment for International Peace, CATO Institute, Heritage Foundation, National Committee on US-China Relations and US-Asia Institute); the Hong Kong Economic and Trade Office in Washington DC; a financial institution (Morgan Stanley); rating agencies (Standard & Poor’s and Fitch Ratings); and media (journalists from Barron’s Magazine, New York Post, Bloomberg TV, msnbc.com and NBC news). The delegation was invited to luncheons and dinner hosted by the Permanent Mission of the PRC to the UN (Ambassador Li Baodong), the Embassy of the PRC in the U.S. (Minister Yang Zigang) and the Consulate-General of the People’s Republic of China in New York (Deputy Consul General Dong Xiaojun). At a speech Mr. Ronnie Chan gave at an open luncheon, entitled “What does China’s 12th Five-Year Plan (12th FYP) mean to Americans – from the perspective of a Hong Kong Businessman”, he shared his observations of the latest developments in China and the role of Hong Kong. He explained the huge potential of the China market, demonstrated by the government’s commitment to economic growth, especially in the shift from an export-oriented economy to a domestic consumption oriented one. In response to the risk of a bubble in the property market, Mr. Chan said that there was no bubble as there was real demand in the market.  He stressed that the effort and determination of the central authority to control the surge in property prices could not be underestimated. Likewise, the targets set forth in the 12th FYP are good indicators for those who want to explore opportunities in China. The Foundation would continue its dedication in enhancing greater international understanding between East and West by facilitating communications between Hong Kong, China and the international community. The Foundation would endeavour to organise this kind of visits for more exchanges and to promote better understanding to each other. Itinerary New York 16 May 2011 (Monday) Fitch Ratings Mr. Stephen Joynt, Chief Executive Officer Mr. Daniel Noonan, Managing Director, Corporate Communications Luncheon Hosted by the Permanent Mission of P.R. China to the United Nations Ambassador Li Baodong, China’s Permanent Representative to the United Nations Standard and Poor’s Mr. Paul Coughlin, Global Head & Executive Managing Director, Corporate & Government Ratings Ms. Mimi Barker, Director, Ratings Communications Dinner Hosted by the Consulate-General of the People’s Republic of China in New York Mr. Dong Xiaojun, Deputy Consul General Mr. Zhang Haitao, Consul 17 May 2011 (Tuesday) The US-Asia Institute Breakfast Mr. Marlon Young, Chairman of USAI Mr. Kent Lucken, President of USAI Mr. Norman Lau Kee, Trustee of USAI Ms. Esther Lau Kee, Trustee of USAI Mr. David Lew, Trustee of USAI Mr. Kaytaro G. Sugahara, Trustee Emeritus, USAI Mr. Robert Jordan, Vice President Ms. Mary Sue Bissell, Vice President & Executive Director, USAI National Committee on U.S. China Relations Mr. Stephen Orlins, President Ms. Margote Landman, Senior Director for Education Progams The Hong Kong Association of New York Speaking Luncheon: “What does China’s 12th Five-Year Plan Mean to Americans – from the Perspective of a Hong Kong Businessman” by Mr. Ronnie Chan Gathering with Journalists Ms. Leslie Norton, Asia Editor, Barron’s Magazine Mr. Chuck Bennett, Reporter, New York Post Mr. Travis Altman, Bloomberg TV Morgan Stanley Mr. David Darst, Managing Director and Chief Investment Strategist of Morgan Stanley Smith Barney Mr. David Lew, Senior Vice President, Morgan Stanley Msnbc and NBC News Mr. John Schoen, Senior Producer, msnbc.com Mr. Randy Stearns, Deputy Editor, East Coast, msnbc.com Ms. Miranda Leitsinger, Reporter, msnbc.com Mr. Geoff Tofield, Deputy Director, International, NBC News Washington DC 18 May 2011 (Wednesday) Hong Kong Economic and Trade Office Mr. Donald Tong, Hong Kong Commissioner, USA Mr. Bassanio So, Director-General Brookings Institution Dr. Richard C. Bush, Director, Center for Northeast Asian Policy Studies Mr. Kenneth Lieberthal, Director, John L Thornton China Center, Foreign Policy Mr. Nelson Cheng, Visiting Fellow, Foreign Policy, Center for Northeast Asian Policy Studies Mr. Cheng Li, Director of Research, John L Thornton China Center Mr. Jonathan Pollack, Senior Fellow, Foreign Policy, John L Thornton China Center Luncheon Hosted by the Embassy of the People’s Republic of China in the U.S.A Minister Yang Zigang Mr. Ma Xinmin, Counselor Mr. Wang Qing, First Secretary U.S. Department of State Mr. John Wecker, Economic Unit Chief, Office of Chinese and Mongolian Affairs Mr. John Gorkowski, Hong Kong Desk, Office of Chinese and Mongolian Affairs U.S. Department of Commerce Ms. Michelle O’Neill, Deputy Under Secretary for International Trade Mr. Alain de Sarran, Deputy Regional Director, Office of International Operations-East Asia Pacific Mr. Steven Chan, Deputy Director, Office of the China Economic Area Mr. Albert Ting, International Trade Specialist, Office of the China Economic Area Dinner Hosted by Washington DC Members of the Committee of 100 Mr. Benjamin Wu, President, USAI Dr. Jeremy Wu, Project Director, LEHD, U.S. Census Bureau Mr. Robert Gee, President, The Gee Strategies Group LLC Mr. Clarence Kwan, Senior Partner, U.S. Chinese Services Group, Deloitte LLP Mr. Bassanio So, Director-General, HKETO Ms. Angelica Tang, Executive Director, Committee of 100 Ms. Alice Lin, Program Associate, Committee of 100 19 May 2011 (Thursday) Capitol Hill Breakfast Forum with Key Congressional Advisors Mr. Benjamin Wu, President, US-Asia Institute Mr. Robert Jordan, Vice President, US-Asia Institute Ms. Mary Sue Bissell, Vice President and Executive Director, US-Asia Institute The Honorable Patrick Mulloy, U.S.-China Economic and Security Review Commission Mr. Philip Barnett, Staff Director, House Committee on Energy and Commerce Mr. Wayne Morrison, Specialist in Asian Trade and Finance, Foreign Affairs, Defense and Trade Division, Congressional Research Service Ms. Emma Chanlett Avery, Specialist in Asian Affairs, Foreign Affairs, Defense and Trade Division, Congressional Research Service Dr. Dick Nanto, Specialist in Industry and Trade, Foreign Affairs, Defense and Trade Division, Congressional Research Service Mr. Gabriel Adler, Senior International Trade and Economic Advisor, United States Senate Committee on Finance Democratic Staff Mr. Michael Holland, Counsel for Congressman Devin Nunes Dr. Anne Megaro, AAAS/FASS Congressional Fellow for Congressman Devin Nunes Dr. Susan Roosevelt Weld, General Counsel, Congressional-Executive Commission on China Prof. Alejandro Reyes, Visiting Associate Professor, Department of Politics and Public Administration, HKU Ms. Amelia Wang, Chief of Staff to Congresswoman Judy Chu The Heritage Foundation Mr. Walter Lohman, Director, Asian Studies Center Mr. John Von Kannon, Vice President and Senior Counselor Mr. Ken Sheffer, Counselor to the President Dr. Derek Scissors, Research Fellow, Asian Studies Center Carnegie Endowment for International Peace Mr. Douglas Paal, Vice President for Studies Mr. Michael Swaine, Senior Associate, Asia Program Mr. Yukon Huang, Senior Associate, Asia Program Mr. Uri Dadush, Senior Associate and Director, International Economics Program Mr. Jack Garrity, Executive Director, Asia Society Washington, DC Mr. Douglas Spelman, Deputy Director, Kissinger Center on China and the United States, Wilson Center Mr. Donald Tong, Commissioner, HKETO Ms. Christine Au, Director-General, HKETO Mr. Vincent Yao, Deputy Director, Political Division, Taipei Economic and Cultural Representative Office in the US Mr. Ira Kasoff, Senior Counselor, APCO Worldwide Ms. Cheryl McQueen, Director, Office of the Chinese Economic Area, US Dept of Commerce CATO Institute Dr. William A. Niskanen, Chairman Emeritus and Distinguished Senior Economist Mr. Ian Vasquez, Director, Center for Global Liberty and Prosperity Mr. Daniel Griswold, Director, Center for Trade Policy Studies Bio of Delegates Mr. Ronnie C. Chan Chairman, Hang Lung Group Executive Committee Chairman, The Better Hong Kong Foundation Mr. Ronnie C. Chan is the Chairman of Hang Lung Group Limited and its subsidiary Hang Lung Properties Limited.  Both are publicly listed companies in Hong Kong, with the latter being a constituent stock of the Hang Seng Index. Founded in 1960, it has been expanding into mainland China since 1992. For the year of 2010, Hang Lung Properties reported a net profit of US$2.87 billion. Following successes in Shanghai, from 2005 to 2009 Hang Lung has been investing US$5 billion and building a number of world-class commercial complexes in several major Chinese cities – Tianjin, Shenyang, Jinan, Wuxi and Dalian. The first of these projects, Shenyang Palace 66, was completed and opened in June 2010, which heralds an era where one or more design-award-winning malls will open each year. Mr. Chan co-founded the Morningside group. In the past two decades, Morningside and its associates owned and managed companies focusing on manufacturing, public transport operations, outdoor advertising, media, healthcare, online game operators, high tech and biotech investments in mainland China, developmental capital investments in Southeast Asia, manufacturing and distribution in Europe, and service industries, biotech and other venture capital investments in North America. In Hong Kong and the mainland of China, Mr. Chan is Chairman of the Executive Committees of the One Country Two Systems Research Institute and of the Better Hong Kong Foundation, Convenor of the Hong Kong Development Forum, a Vice President of the Real Estate Developers Association of Hong Kong, a Governing Board member of the China-United States Exchange Foundation, an Advisor and former Vice President of the China Development Research Foundation of the State Council of the People’s Republic of China, and a former Trustee of China Foreign Affairs University. He founded and chairs the China Heritage Fund which restores cultural relics in China.  He is also a co-founder and a director of the Director’s Circle of the Palace Museum and of The Forbidden City Cultural Heritage Conservation Foundation, Beijing. He is a former government appointed Non-executive Director of The Securities and Futures Commission of Hong Kong, the founding Chairman Emeritus of the Asia Business Council, and a former Chairman of the Hong Kong-United States Business Council. Internationally, Mr. Chan is a Vice Chairman of the Board of the Asia Society and Chairman of its Hong Kong Center, a founding Trustee of the African-Asian Society and a Director of the Board of the Peter G. Peterson Institute for International Economics. He is a member of the Council on Foreign Relations, the National Committee on United States-China Relations, the Committee of 100, and the Advisory Board of the Center for Strategic and International Studies in Jakarta.  Mr. Chan is a former director of Standard Chartered PLC and Motorola, Inc. He is also a former member of the governing boards of the World Economic Forum, East-West Center, Pacific Council on International Policy, Eisenhower Fellowships, and The Maureen and Mike Mansfield Foundation. Mr. Chan is involved in many educational endeavors.  He is a Court member of the Hong Kong University of Science and Technology, a Trustee of the University of Southern California, and a Governing Board member of the Indian School of Business. He serves on the President’s Council on International Activities at Yale University, the International Advisory Council of the Freeman Spogli Institute for International Studies at Stanford University, the International Advisory Committee of The Pacific Basin Institute at Pomona College, and the International Advisory Committee of the Institute of Asia-Pacific Studies at Waseda University. He also co-chairs the International Advisory Board of The Culture and Civilization of China, a joint project of Yale University Press and China International Publishing Group. He currently serves as Advisor on Strategic Development to Tsinghua University and Chairman of Hang Lung Center for Real Estate at Tsinghua University. He is also a Guest Professor at Tsinghua University and Nanjing University. He is a former Co-Chair of the Advisory Committee of the Center for Real Estate at the Massachusetts Institute of Technology and a former Brittingham Visiting Scholar at the University of Wisconsin-Madison. Mr. Chan is a frequent speaker at international conferences and has published numerous articles in International Herald Tribune, Financial Times, Newsweek, Fortune, Asian Wall Street Journal, Far Eastern Economic Review and Japan Times. Mr. Chan holds an MBA from the University of Southern California and an honorary doctorate in social sciences from the Hong Kong University of Science and Technology. In 2004, he received the Asia Society Leadership Award for strengthening economic, cultural and political ties between China and the United States, Hong Kong, Taiwan and Southeast Asia. In 2009, he received the Outstanding Persons Award for the Preservation of Chinese Cultural Relics and the Highest Alumni Award of the University of Southern California. He is 61 years of age and resides in Hong Kong with his wife. They have two grown sons. Mr. Joseph Yu, MH Council Member, The Better Hong Kong Foundation Chairman, Roseville Group of Companies Mr. YU Joseph Shin Gay is a cofounder and the Chairman of Hong Kong Internet Registration Corporation Ltd. (HKIRC) and Hong Kong Domain Name Registration Company Ltd. (HKDNR) for the first and second term (upon the formation of HKIRC in late 2001). Mr. Yu played a pivotal role in establishing and overseeing the above organizations to ensure operational and financial success during their critical formative stage. In recognition of his achievement, Mr. YU was awarded the Medal of Honour by the Government of Hong Kong SAR in 2004. As a Standing Committee Member for the Chinese General Chamber of Commerce, Mr. YU represents the Commerce and Industry Class. Mr. YU graduated with Bachelor of Commerce degree (Honours in Economics) from McGill University and a Master of Business Administration degree from the University of British Columbia, where he received the Outstanding Alumnus Award. As an advocate for continuing education and life-long learning, Mr. YU completed a master degree course organized by the Department of Computer Science of the University of Hong Kong in association with Stanford University. He graduated with Master of Science (Ecommerce and Internet Computing) in 2003. Mr. YU is an experienced international banker. He held various senior executive (expatriate and non expatriate) positions for three international banks. He established and managed the merchant banking arms of two of these banks in Asia, where he was Managing Director and Head of the Asia Pacific region. Thereafter, Mr. YU took up the challenge of starting a second career in the securities industry by turning a Hong Kong securities company into a profitable category ‘B’ brokerage house where he remained as chief executive for seven years. In 1995, he founded and established the Pacific Challenge (Holdings) Co. Ltd., a financial service company, which was listed within three years on the main board of the Hong Kong Stock Exchange. Mr. YU was the Chairman of the Pacific Challenge (Holdings) Co. Ltd. From 1998 until he sold his interest in 2000. Mr. Yu is now the Chairman of the Roseville Group of Companies which conducts private equity business and maintains diversified financial interests globally. Mr. YU serves the community in various capacities. Apart from being a Standing Committee Member of the Chinese General Chamber of Commerce and a Member of Selection Committee of the Chater Memorial Scholarship of the University of Hong Kong. Mr. YU sits on the ICT Committee of the Hong Kong Trade Development Council, ICT Committee of Education and Manpower Bureau of the Government of HKSAR, XBRL Committee of the SFC, Advisory Committee of RTHK and Council Member of the Hong Kong Committee of Unicef. He is currently an Honorary Advisor of HKIRC. Mr. YU firmly believes in branding .hk (or “dot hk”) to represent Hong Kong (and China) through service quality, dependability and efficiency. Mr. Albert IP Council Member, The Better Hong Kong Foundation Independent Non-Executive Director, Eagle Asset Management (CP) Ltd Albert Ip is an international banking and real estate professional, with 34 years of experience at Citigroup, First National Bank of Chicago, Wells Fargo Bank and Merrill Lynch, of which 24 years are in Hong Kong/ Asia and 10 years in the U.S., primarily New York City, San Francisco and Pacific Northwest. Areas of expertise are in corporate banking, real estate finance, financial institutions, commercial banking, transactional banking and wealth management. He was named Managing Director of Citigroup in 2003. Albert held senior executive positions at Citigroup, which included Managing Director/ Head of Global Transaction Banking, Corporate Customer Coverage and Financial Institutions and Managing Director/Head of Asia Regional Investment Finance of Global Wealth Management. At Citigroup, he was on the management committee of Corporate and Investment Bank – Hong Kong as well as Asia & Middle East Global Wealth Management. Albert joined Merrill Lynch (Asia Pacific) as Managing Director of Investments in 3/08. He is Independent Non-Executive Director of Eagle Asset Management (CP) Ltd. Albert believes in giving back to the community. He was Finance Committee Member of the Community Chest in Hong Kong. He taught Personal Economics in high schools. Albert is actively involved in recruiting undergraduate students for Washington University in St. Louis and Cornell University. Albert was frequent guest speaker at the following universities: Shantou University; Lingnan University; Hong Kong University of Science & Technology; Hong Kong University; Washington University in St. Louis; Cornell University; University of Macau; Cornell/Lingnan Video Talk; University of Delaware; Cornell/City University Video Talk; Peking University in Beijing; Peking University HSBC School of Business in Shenzhen; and Tsinghua University Albert has a passion towards higher education and participates in the following universities: Lingnan University – Council Member, Court Member and Advisory Board Member of the Business School; Washington University in St. Louis – International Advisory Council Asia and Advisory Board Member of the Center for Finance & Accounting Research; University of Macau – Advisory Committee Member, Future Studies and Placement Advisory Committee and Advisory Board Member, Faculty of Business Administration; Cornell University- Council Member City University – Member of International Advisory Board, College of Business (effective 7/1/2011) Hong Kong Institute of Vocational Education – Discipline Advisory Board Member, Hotel, Service & Tourism Studies; Member and Governor, Technological and Higher Education Institute of Hong Kong Limited (pending approval) Albert is Council Member of The Better Hong Kong Foundation and Member of Investment Task Group at The Boys’ and Girls’ Clubs Association of Hong Kong. He was Independent Non Executive Director and Audit Committee Member of Hopewell Holdings and Hopewell Highway Infrastructure, both listed companies in Hong Kong and lecturer at University of Pittsburgh’s evening MBA program in 1977-1978. Albert holds a B.S. degree in Applied Mathematics & Computer Science at Washington University (summa cum laude), M.S. degree in Applied Mathematics at Cornell University and M.S. in Accounting & Finance at Carnegie-Mellon University, supported by full scholarship and fellowship awards from the 3 universities. He is a U.S. citizen and married with one daughter. Mr. Philip K.H. MA Council Member, The Better Hong Kong Foundation Group Managing Director, The Sincere Company Limited Mr. Philip K.H. Ma was born in Hong Kong and holds a MBA degree from Canada.  In 1988, while working for Hewlett Packard Company, he returned to Hong Kong to head its Asia-Pacific regions.  In 1990, he joined The Sincere Company Limited, a listed company in the Hong Kong Stock Exchange, and one of the oldest department stores in Hong Kong, as Finance Director.  In 1993, he became the Group Managing Director.  Since then, he diversified Sincere’s business from the core base of retail department store to a multi-discipline conglomerate.  Today operations include furniture design and manufacturing, advertising agency services, master franchisor in the China travel industry, and property holdings in China and the UK. Mr. Ma is also active in his community services.  He is a current member of the 11th Shanghai Committee of Chinese People’s Political Consultative Conference and a member of the HKSAR 2nd and 3rd Election Committee, Vice-Chairman of Chamber of Tourism, All-China Federation of Industry and Commerce, Council Member of The Better Hong Kong Foundation.  Mr. Ma was the Chairman of the Hong Kong Retail Management Association from 1996-2000.  His contribution to the Government and community services also includes HKSAR Administrative Appeal Board, HKSAR Government Copyright Tribunal, HKSAR Government Economy Advisory Committee, HKSAR Government Tourism Strategy Group and the Community Chest. Ms. Diana CHOU Council Member, The Better Hong Kong Foundation Managing Director, Sino Private Aviation Ltd Diana Chou is the Founder and Managing Director of Sino Private Aviation Limited, which is the leading Representative of Bombardier and Vistajet in China, Hong Kong and Macau.  She also founded Aerochine Aviation Limited, a helicopter distributor and broker of pre-owned aircraft.  Since founding her aviation business in 1999, Diana has built her companies into leading China players in the general aviation industry. A native of Shanghai, Diana grew up in an aviation environment, her father, K.P. Chao is the founder of Dragonair.  She now resides in Hong Kong and has over 28 years of experience in the hospitality, finance and retail industries, having held pivotal high-level positions in multi-national corporations including Hyatt Hotels, Le Meridien Hotels, Citi Bank, and Estee Lauder, Inc. Her experience in these companies has honed her edge in areas that range from sales and marketing to the management of brands and multi-million dollar budgets. She was also a founder of La Petite Chou (Holdings) Ltd, a Hong Kong-based distributor of fashion and lingerie with special retail interests in China and a strong network around Asia. Diana’s passion for her business also translates into a fervent commitment to social and charitable causes.  She is the founding member and Executive Committee Member of Asian Business Aviation Association (AsBAA), the member of Ningbo Provincial Committee of the Chinese People’s Political Consultative Conference, Council member of the Better HK Foundation and the Rotary Club of Kowloon Golden Mile.  She currently holds office as Vice Chairman of Ningpo & Hong Kong Fraternity Association Limited, also a Board of Director of the Ningpo Residents Association (HK) Ltd, and Ningbo Chinese Overseas Friendship Association. Diana is a strong advocate of children’s and cultural causes and is a devoted supporter of charities such as Habitat for Humanity, Sunbeam Children’s Foundation Ltd. and the Hong Kong University Museum and Art Gallery. She is also an outspoken campaigner for the improvement of aviation standards and pilot training in China and Hong Kong and is now raising funds to establish a scholarship for aviation students. Diana is a Political Science and Linguistics graduate of the University of Washington in Seattle. She also holds diplomas in hotel and retail management from Cannon’s International Business College in Honolulu, Hawaii, and The Hong Kong Management Association, respectively. Diana also has a MBA in Marketing from the University of Macau, formerly University of East Asia. Ms. Karen TANG Executive Director The Better Hong Kong Foundation Ms. Karen Tang was appointed as the Executive Director of the Better Hong Kong Foundation on June 1, 2006. Ms. Tang holds a Bachelor of Arts degree in Social Science and a Master of Arts degree in Public Administration. Upon completing her undergraduate studies, she joined the Basic Law Consultative Committee of the Hong Kong Special Administrative Region as the Administration Officer responsible for the secretarial work of the Sub-group on Political Structure. After completing the consultation work, she joined the Ming Pao Group, a Hong Kong based media group. During her tenure with the Group, she was appointed to a number of posts, including the Personal Assistant to the Chairman, Administration and Personnel Manager, Business Development Manager, Deputy General Manager of Magazines Division, and General Manager of Yazhou Zhoukan (a regional Chinese Asiaweek). Ms. Tang continued to develop her career in the media and multimedia industries, and has served as Deputy General Manager of the Chinese Television Network, General Manager of the Hongkong Telecom IMS (Interactive Multimedia Services), Director of Multimedia Services and Director of E-commerce under the Hutchison Whampoa Group. She worked for the Tung Chee Hwa Election Office in 2001 as the Director of Administration Division, responsible for the coordination of the election campaign. Prior to joining the Foundation, she was the Director of Communications of the University of Hong Kong, and reported to the President. Ms. Tang is now Council Member of the Lingnan University, Member of the History Museum Advisory Panel appointed by Hong Kong Government, Council Member of the Hong Kong Macau Research Centre of the Shanghai Academy of Social Science and Invest Guangzhou International Advisor. Mr. Ronnie Chan giving a speech entitled “What does China’s 12th Five Year Plan mean to Americans – from the Perspective of a Hong Kong Businessman” Meeting with Ambassador Li Baodong (4th left), China’s Permanent Representative to the United Nations Meeting with Standard & Poor’s Meeting with experts from the Brookings Institution Minister Yang Zigang (4th left) of the Embassy of the PRC in the U.S. hosting a luncheon to welcome the delegation Visit the Heritage Foundation