Hong Kong 20th Anniversary Celebration: HKETO Director Steve Barclay bids farewell

Atlanta, June 14, 2017 — As part of the Hong Kong Special Administration Region’s 20th anniversary celebration, the World Trade Center Atlanta, Hong Kong Association of Atlanta and the Hong Kong Economic Trade Office in New York hosted a luncheon forum at City Club of Buckhead.

Mr. Steve Barclay, Director of Hong Kong Economic and Trade Office in New York delivered the keynote address on “opportunities in Hong Kong” at the luncheon.

Mr. Barclay shared with the audience that Ms. Carrie Lam, the Chief Executive-elect of Hong Kong had expressed the possibility of further reducing the corporate tax rate to spur business growth.

“China will continue its practice of ‘hands off’ policy towards the administration of Hong Kong. Hong Kong will be run in accordance to one-country, two systems agreement,” said Barclay in his remarks.

For two consecutive years, Hong Kong was ranked first place in overall competitiveness by the International Institute for Management Development in its World Competitive Yearbook 2017, based on a survey of 63 economies.

Among the four primary group competitiveness categories, Hong Kong’s rankings on government efficiency and business efficiency each remained in first place.

Mr. Barclay will be leaving his post due to retirement at the end of July 2017. He plans to return to Hong Kong after years of service with the Hong Kong Economic and Trade Office.

“We will missed the services of Steve as he is proven leader and an effective spokesperson for Hong Kong,” said Gene Hanratty, Consultant, local representative of Hong Kong Economic and Trade Office New York.

Over sixty business executives attended the luncheon.