Hong Kong 2006
Chapter 5:
Commerce and Industry
Merchandise Trade Performance
The Manufacturing Sector
The Services Sector
External Investment
The Institutional Framework
External Commercial Relations
Small and Medium Enterprises
Promotion of Innovation and Technology
Protection of Intellectual Property Rights
Professional Services Development Assistance Scheme
Business Facilitation
Trade Documentation
Hong Kong Awards for Industries
Trade and Industrial Support Organisations
Standards and Conformance Services
Human Resources, Technical Education and Industrial Training
Consumer Protection
Trade in Endangered Species
Home Pages
Traditional Chinese Simplified Chinese
Table of Contents Constitution and Administration The Legal System The Economy Financial and Monetary Affairs Commerce and Industry Employment Education Health Food Safety, Environmental Hygiene, Agriculture and Fisheries Social Welfare Housing Land, Public Works and Utilities Transport The Environment Travel and Tourism Public Order Communications, the Media and Information Technology Religion and Custom Recreation, Sport and the Arts Population and Immigration History Appendices PRINT
Business Facilitation

The Government has pledged to cut red tape and simplify regulations to facilitate and sustain a vibrant business environment in Hong Kong. The business facilitation initiatives are taken forward under the overall steer of the Business Facilitation Advisory Committee (BFAC) set up in January 2006 to replace the former Economic and Employment Council. The BFAC is made up of representatives from the political, business, academic and professional sectors and senior government officials from the relevant bureaux. Industry representatives provide their input through participation in the business facilitation task forces. Under the guidance of the BFAC and its task forces, regulatory reviews were conducted and measures were initiated to make government regulations and procedures more business-friendly and reduce compliance costs to business. In 2006, 28 studies and projects (focusing mainly on the regulations governing the construction, real estate, retail, entertainment and food business sectors) were completed or initiated, and over 30 recommendations for improvements were completed.

The Business Facilitation Division of the Economic Analysis and Business Facilitation Unit under the Financial Secretary's Office coordinates and takes forward the Government's business facilitation efforts. The division also provides secretariat and other executive support to the BFAC and its task forces.





2005 I 2004 I 2003 I 2002 I 2001 I 2000 I 1999 I 1998 I 1997