opening remark at cork china business summit h.e. peter ryan
TRANSCRIPT
13 July 2015City Hall, Cork
Key Address
H.E. Peter Ryan
Consul General of Ireland to Hong Kong and Macau
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Three ‘C’s;
Community;
Commercial;
Cultural.
Opening of Consulate to Hong Kong & Macau
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Beijing
Seoul
Osaka
Tokyo
Changchun
Harbin
Shenyang
DalianTianjin
Nanjing
FukuokaShanghai
Hangzhou
NanchangFuzhou
GuangzhouTaipei
Jinan
Shijiazhuang
Taiyuan
ZhengzhouXian Hefei
WuhanChengdu
Chongqing
Changsha
GuiyangKunmingGuilin
Haikou
Manila
Ho Chi Minh City
Bangkok
Hanoi
Kuala Lumpur
Singapore
Jakarta
DhakaDelhi
Chennai
Mumbai
Bangalore
Colombo
Hong Kong
All of Asia’s key markets within
from half the world’s population
Hong Kong: At the heart of Asia
Greater Pearl River Delta4
Population64 mn> UK, Italy, South
Africa
Exports US$527 bn> UK, Italy
GDPUS$962 bn> Indonesia,
Netherlands, Turkey
Land Area56,000 km2
< Ireland, Latvia, Panama, West Virginia (US)
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World’s 2nd largest IPO Centre;
3rd largest stock market in Asia, 7th in world;
Asia’s 2nd largest private equity centre;
Largest offshore Rmb market;
Global hub for Rmb bond issuance;
Largest offshore capital-raising hub for Chinese companies.
Asia’s Financial Centre
Image credit: headlineasia.com
China
Springboard for Mainland Outbound Investment
57% of mainland’s outward foreign direct investment goes to or
via Hong KongHong Kong
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HK Key to Chinese Outward Investment
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An Asian Lifestyle Trendsetter & Marketing Hub
Food & Beverage…incl. Irish seafood, whiskey & dairy products…
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Asia’s IP hub & Technology Marketplace
• Overseas technology companies’ gateway to mainland market;
• Fintech opportunity;
• RISE / Founders.
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Welcoming HK Students
• Growing demand for overseas education;
• Increased profile of Irish institutions;
• Irish International Education Centre;
• Education Fairs;
• Analysis of Education Sector In Progress.
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Attracting Tourists
• Hong Kong an important source of tourists to Britain – direct flights, visa-free;
• Increased profile of Ireland through opening of Consulate, commercial & cultural work;
• Tourists looking for new destinations;
• Building a case for a direct flight.
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Three Important Visits
Minister Simon Harris
Minister Alan Kelly
Chief Secretary Carrie Lam
Momentum at Political Level
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