CSHK PASS WORKSHOP SERIES

Economic and Trade Cooperation Zones Along Belt and Road Workshop Series (一帶一路海外工業園區工作坊)
A Professional Services Advancement Support Scheme (PASS) funded by The Commerce and Economic Development Bureau, HKSAR Government [PS194008]
Duration: 18 months [from October 2020 to April 2022]

WHAT THE PROJECT IS ABOUT

The workshop series primarily aims at enhancing the understanding of Hong Kong professional services on sustainable economic development of Hong Kong through understanding Economic and Trade Cooperation Zones (ETCZs) along the Belt and Road (B&R) countries. Furthermore, it attempts to deepen the understanding of key stakeholders of ETCZs on the competitive edges of Hong Kong professional services and business sectors, as well as to explore potential development opportunities via exchange of ideas and sharing of analyses.

The workshop series is comprised of an Opening Symposium, 6 training workshops and a Closing Forum. The target beneficiaries include accounting-related services, legal services and business consultancy services (including human resource management consultancy services; management consultancy services; financial consultancy services, etc.).

The Research Centre for Sustainable Hong Kong (CSHK) of City University of Hong Kong is funded by the ‘Professional Services Advancement Support Scheme’ (PASS) of the Commerce and Economic Development Bureau, HKSAR Government to conduct a Project entitled ‘Advancing Professional Development on Economic and Trade Cooperation Zones Along Belt and Road’, with the objectives to enhance the understanding of Hong Kong professional services on Economic and Trade Cooperation Zones (ETCZs) along the Belt and Road countries, deepen the understanding of key stakeholders of ETCZs on the competitive edges of Hong Kong professional services and business sectors; and explore potential development opportunities via exchange of ideas and sharing of analyses.

From January 2021 to March 2022, the Project will organize 6 professional workshops and 2 symposia (opening and closing), inviting zone operators, local enterprises, professional service leaders, expert scholars and government officials as speakers to conduct comprehensive and in-depth sharing on opportunities, challenges and experiences of overseas development in 7 countries (Cambodia, Sri Lanka, Vietnam, Myanmar, Malaysia, Djibouti and Belarus) and their respective ETCZs.

TEAM PROFILE

The activities are all free-of-charge, and they will mainly be conducted in English to project a global orientation and facilitate participation of overseas stakeholders. Each participant will get a training pack containing country information and analysis for each professional training workshop. Investment / enterprises representatives, representatives from professional service sector, scholars and students who are interested in understanding more about ETCZs are welcome to participate and interact to discover more opportunities for collaboration.

The Project is supported and collaborated by a number of professional bodies and business chambers in Hong Kong, including Certified Management Accountants, Australia (Hong Kong Branch), Hong Kong Chinese General Chamber of Commerce (CGCC), Hong Kong General Chamber of Commerce (HKGCC), Hong Kong Institute of Certified Public Accountants (HKICPA), Law Society of Hong Kong and The Society of Chinese Accountants and Auditors (SCAA) (names listed in alphabetical order). We thank Golden Resources Group and Red Circle Company Limited for sponsoring the Project generously.

Prof Linda Chelan Li, Professor at Department of Public Policy and Director of CSHK, is Project Co-ordinator and Prof Phyllis Lai Lan Mo, Professor at Department of Accountancy, is Deputy Project Co-ordinator. Project team members include Dr Linda Yin-nor Tjia, Assistant Professor at Department of Asian and International Studies and Dr Wilson Chan, Adjunct Professor at College of Business.

Project Coordinator

Professor Linda Chelan LI 李芝蘭教授

CSHK Director; Professor of Political Science, Department of Public Policy
ProfLindaLi

Professor Linda Li teaches and researches on Chinese government reforms and policy. She has published extensively on good governance, central-local relations, public finance and sustainable development. She is the Director of CSHK which focuses on cross-disciplinary applied research with real-life impacts, and has led a recently completed Strategic Public Policy Research project on the contributions of Hong Kong professional services sectors to the Belt and Road Initiative (B∓R), funded by the Policy Innovation and Coordination Office of the HKSAR Government. She is also awarded the Humanities and Social Sciences Prestigious Fellowship Scheme 2018/19 by the HK Research Grants Council to further support her continuous research in B∓R. She edited Co-evolution of Hong Kong’s Professional Services and the Belt and Road Initiative《解構‧倡議—專業服務與一帶一路》, published in July 2019, and Facts and Analysis: Canvassing Covid-19 Responses, forthcoming 2021.


Deputy Project Coordinator

Professor Phyllis Lai Lan MO 巫麗蘭教授

CSHK Associate Director; Professor, Department of Accountancy
ProfPhyllisMo

Professor Phyllis Mo is a veteran auditing professor. Before joining CityU, she was Head and Professor at the Department of Accountancy at Lingnan University. Currently, she is a member of Hong Kong Institute of Certified Public Accountants (HKICPA), a fellow member of the Association of Chartered Certified Accountants (ACCA) and a member of CMA Australia. Her research focuses on auditing and taxation. She has published articles in leading academic journals and a number of research monographs, including Tax Avoidance and Anti-avoidance Measures in Major Developing Economies, A Dream of the Red Chambers and Corporate Governance of Family Business (《紅樓夢》與家族企業管治) and Transcending the Bottleneck - The Hong Kong Accountancy Profession.


Members

Dr. Wilson CHAN 陳鳳翔博士

CSHK International and Professional Adviser; MBA Associate Director of Outreach, College of Business
DrWilsonChan

Dr. Wilson Chan, Chairman of The Belt and Road Pioneer, is an expert of the Belt and Road, of which several media programme are hosted. He had been a banker since the early 1980s and became the Founding Treasurer of ICBC group in HK in 1995. Currently, he is the member of the Mainland Opportunities Committee of HK Financial Services Development Council, the Banking ITAC of Education Bureau, as well as the Deputy Chairman of Publications Sub-Committee of Hong Kong Institute of Bankers and the Chairman of Education Sub-Committee of Treasury Markets Association for over two decades.


Dr. Linda Yin-nor TJIA 謝燕娜博士

CSHK Member; Assistant Professor, Department of Asian and International Studies
DrLindaTjia

Linda Tjia Yin-nor is an Assistant Professor of the Department of Asian and International Studies, City University of Hong Kong. She has published on China’s transport and logistics development, as well as China’s overseas infrastructural and industrial projects. Recently she has acquired the Sumitomo Foundation Grant (2020-2022) to investigate the high-speed rail rivals between China and Japan, and the Hong Kong Research Grants Council Early Career Scheme (2021-2024) to study China’s industrial projects in Kazakhstan. Her articles appear in the China Journal, Asian Survey, and Journal of Transport History. Her single-authored book, Explaining China’s Railway Reform, was published in 2016 under Routledge Contemporary China Series.


Advisor

Mr. Kin On LI


Project Officer

Mr. Jeffrey CHUNG


PhD Student Researchers (Department of Public Policy)

Ms. Ling CHEN

Ms. Man LUO

Ms. Chao YAO

Mr. Arjun CHAPAGAIN


CSHK Student Research Intern (Website and Technical Support)

Ms. Shirley HAO, Mr. Shivam HALDIYA

Workshops Series Details

Symposium - “Global Connectivity, Opportunities and Challenges: Hong Kong and ETCZs along the Belt and Road”

Symposium Poster

Register: https://cshk-pass-symposium.eventbrite.hk
Brochure: CSHK PASS Symposium Brochure-final.pdf

Date and Time:

- 7 January 2021 (Thursday)
- 9:00 am – 12:00 pm

Format and Venue:

- Zoom Webinar
- Mainly in English
- CDP included (Please contact your respective Association for details)
- Free admission

Introduction:

Global supply chain disruption caused by geo-political conflicts and the COVID-19 pandemic has moved businesses, such as manufacturing enterprises and tech giants, to emerging markets in search of new investment and business opportunities. There is a keen demand for Hong Kong professional services, including accounting, legal and business consultancy services, to enhance ETCZ operations in emerging economies along the Belt and Road, while the overseas markets provide the room for growth in light of saturated markets in Hong Kong. At the same time, investing and participating in the overseas ETCZs require strategies in meeting various challenges, such as the ever-changing political environment, potential economic risks and socio-cultural differences.

How may Hong Kong professional services and business develop strong strategies to extend growth in the new and expanding overseas markets? Charting a new pathway requires vision, a capacity to imagine the unthinkable, the patience and resilience to continuously try and err, to create and to repeal, then back to reflect calmly and imagine wildly, and to try and err once again, and so on. It requires both theoretical and technical knowledge, and both the qualities of an artist and those of an engineer. Experiential learning is a must – doing as training, as well as thought experimentation and, yes, traditional broad-range reading.

This program of 6 workshops and 2 symposia bring together important players and minds to facilitate their active interaction and sharing of knowledge and experiences. In the debut symposium, speakers from the industry with major overseas projects, the business and professional bodies will share their insights into the significance, opportunities and challenges of investing and developing businesses in overseas ETCZs and markets, leading to country-specific discussions in subsequent workshops.

Rundown

TimeSession
09:00-09:15Registration
09:15-09:30- Welcome and opening remarks by Mr. Lester Huang. SBS, JP (黃嘉純) (Chairman of the Council, City University of Hong Kong)
- Keynote address
Dr. Bernard Chan (陳百里), JP (Under Secretary for Commerce and Economic Development, Commerce and Economic Development Bureau)
Moderator
Prof Linda Chelan Li (李芝蘭) (Director, Research Centre for Sustainable Hong Kong, City University of Hong Kong)
- Ceremony and Photo call
09:30-11:40Insight Sharing:
- Theme 1: Opportunities and Challenges in Overseas Projects
1. Mr. Anthony Lam (林世豪) (CEO, Golden Resources)
2. Dr. David Wei (魏曉浩) (Division Chief, Overseas Business / International Cooperation, China Merchants Group)

- Theme 2: Explorations and Considerations of Hong Kong Business and Professional Services
3. Mr. Johnson Kong (江智蛟) (President, Hong Kong Institute of Certified Public Accountants)
4. Ms. Melissa Pang (彭韻僖), BBS, MH, JP (President, The Law Society of Hong Kong) (Invited)
5. Mr. Nicholas Ho (何力治) (Co-Convenor of Belt and Road Working Group, Hong Kong General Chamber of Commerce)

Q&A and Discussion
Co-chair
Prof Phyllis Lai Lan Mo (巫麗蘭) (Associate Director, Research Centre for Sustainable Hong Kong, City University of Hong Kong)
Dr George Lam (林家禮), BBS (Honorary Chairman - Asia Pacific CMA Australia, Hong Kong Branch)

Discussant
Sr L.C. Yu (余立佐) (Director, China Harbour Engineering Company Limited, Hong Kong Region)
11:40–11:50Concluding Remarks
11:50-12:00 Mingling

CSHK PASS Symposium: "Global Connectivity, Opportunities and Challenges: Hong Kong and ETCZs along B&R"

On January 7 (Thursday) morning, CSHK successfully organized the debut event of its PASS Workshop Series – the Opening Symposium entitled ‘Global Connectivity, Opportunities and Challenges: Hong Kong and ETCZs along B&R’. The Symposium was joined by 210 participants and 16 guests and speakers, including representatives from Vietnam and Myanmar Consulate General in Hong Kong.
Mr Lester Huang, Council Chairman of CityU, kicked start the Symposium, followed by a Keynote Address by Dr Bernard Chan, Under Secretary for Commerce and Economic Development of the HKSAR Government. In the insight sharing session, our 5 speakers explored opportunities and considerations of Hong Kong business and professional services in participating in overseas projects. Insights in staff management and integration into local culture, China Merchants Group’s B&R projects, the advantages for Hong Kong accountancy and legal service sectors, and myriad business opportunities available in a wide region along the B&R, were shared.
In the Q&A and discussion session, an interactive dialogue was held, covering a wide range of topics related to Hong Kong professional services and B&R, including ESG (Environment, Society and Governance), corporate social responsibilities, the Greater Bay Area, small-and-medium enterprises and career development prospects of young professionals in Hong Kong. Finally, our Centre Director Prof Linda Li encouraged participants to register for the 6 upcoming training workshops and enrol into our contact exchange platform in order to facilitate further engagements and collaborations, thus achieving one of the objectives of PASS.
We would like to take this opportunity to thank PASS, our Sponsor Golden Resources, our 6 Collaborating Organizations, all the Supporting Organizations and CityU Supporting Units for their support to the Workshop Series and the Symposium.

Presentation PowerPoint from Speakers:

  1. Mr. Anthony Lam
    Click for the PowerPoint
  2. Dr. David Wei
    Click for the PowerPoint
  3. Mr. Johnson Kong
    Click for the PowerPoint
  4. Ms. Melissa Pang
    Click for the PowerPoint
  5. Mr. Nicholas Ho
    Click for the PowerPoint
1 2
3 4
5 6
7 8

Guests & Speakers

Mr Lester Huang (黃嘉純), SBS, JP
Chairman of the Council, City University of Hong Kong
 

Mr. Lester Huang is the Chairman of the Council of the City University of Hong Kong. He is a practising solicitor and has served in P.C. Woo & Co. for over 35 years. He is the current Co-Chairman of the firm. Mr. Huang holds a Bachelor of Laws from the University of Hong Kong, and a Master of Education from the Chinese University of Hong Kong.

Mr. Huang is active in community service and takes an interest in Youth and Education. He is the Chairman of the Standing Committee on Language Education and Research and sits on the Education Commission. He is the Immediate Past President of The Hong Kong Federation of Youth Groups and also chairs the Social Welfare Advisory Committee. Mr. Huang is a member of the Public Service Commission. He is an external director of the Securities and Futures Commission and a Steward of the Hong Kong Jockey Club. He is also a Manager of several Hong Kong aided schools.

Dr. Bernard Chan (陳百里), JP
Under Secretary, Commerce and Economic Development Bureau, HKSAR Government

Dr Bernard Chan Pak-li was Political Assistant to the Secretary for Commerce and Economic Development from March 2013 to June 2017.
Before joining the Government, Dr Chan spent about 10 years working in the technology sector, gaining experience in intellectual property trading and crossover collaboration. From 2008 to 2013, Dr Chan served as a member of the Kwun Tong District Council.

Dr Chan holds a bachelor degree in electrical engineering and a PhD degree in biomedical engineering from Duke University, USA.

Mr. Anthony Lam (林世豪)
CEO, Golden Resources

Mr. Anthony Lam, an expert in ASEAN business ((investments include Circle-K convenience stores in Vietnam, procurement network in Thailand, and property development in Malaysia), is the Vice-Chairman and CEO of Golden Resources Development International Ltd. (SEHK0677) , which is listed in the main board of the Hong Kong Stock Exchange.

The Golden Resources Group engages in businesses from trading and processing rice to retail business investments, logistics & supply chain services, and plastic & environmental products production. Headquartered in Hong Kong, the Group’s business had extended to Greater China and South East Asia including Vietnam, Thailand and Malaysia.

Mr. Lam has extensive experiences in the business sector, where he is a Member of the Advisory Committee on Agriculture and Fisheries (ACAF) under the Agriculture, Fisheries and Conservation Department (AFCD), the Chairman of the Crop Farming Sub-Committee under AFCD, Executive Committee Member of the Customer Liaison Group for Rice under the Trade & Industry Department (TID) in Hong Kong, and the Vetting Committee Member of the Reindustrialization Funding Scheme (RFS) under Innovation & Technology Commission (ITS). Mr. Lam is also the Deputy Chairman of the Federation of Hong Kong Industries (FHKI), and the Chairman of the Food, Beverages & Tobacco Group of FHKI. Mr. Lam had also been awarded the Ap Bac Medal from the Vietnam Government in recognition to his contributions to the Vietnamese rice industry, and is also a regular speaker in the universities and in major international conferences.

Dr. David Wei (魏曉浩)
Division Chief, Overseas Business/International Cooperation, China Merchants Group

China Merchants Group (CMG) is a conglomerate with diversified businesses. The Group mainly focuses on three core industries: comprehensive transportation, featured finance, residential communities and industrial parks. CMG is a crucial participant and promoter of the Belt and Road initiative. The Group has accelerated the pace of international development with 68 ports in 27 countries and regions operated globally. It has initially formed a relatively complete network of overseas ports, logistics, finance and industrial parks, which majorly located in the significant areas along the Belt and Road countries and regions. The mature Shekou development model of "Port-Park-City" has gradually taken root overseas.

In 2019, CMG's Belt and Road projects made gratifying progress: the acquisition of 10 terminal projects of CMA CGM in Asia, Europe, the Middle East and the Caribbean further expanded the Group's global port network; Djibouti's comprehensive development project progressed steadily with a total of 79 companies entering the industrial park, which was selected as the Top 10 Free Trade Zones in the World 2019 by FDI Magazine; and the construction of the China-Belarus Industrial Park achieved significant progress with a total of 60 companies entering the industrial park and the foundation of the exhibition center project. The number and frequency of China-Europe logistics corridors have been increasing:in 2019, a total of 1,258 international freight trains and 129,000 TEUs of goods were shipped; China Merchants Hoi Tung's food business successfully entered the North America market with the acquisition of Liqiao Company in Canada.

Mr. Johnson Kong (江智蛟)
Immediate Past President (IPP), Hong Kong Institute of Certified Public Accountants

Mr Johnson Kong is the Immediate Past President of the Hong Kong Institute of Certified Public Accountants and was elected as President in 2019/20. Mr Kong was first elected to Council in 2015, and served as Vice-President in 2018 and 2019, before becoming President in 2020.

Mr Kong is currently the Managing Director – Non Assurance of BDO Hong Kong. He has over 35 years of professional accounting experience, specializing in financial investigation, forensic and litigation support, restructuring, receivership and insolvency related work. He was one of the five BDO Medal award winners worldwide in 2020 to recognise his significant contribution to the development of the BDO network.

He has been actively involved in the development of accounting profession through his leadership and participation in a wide range of HKICPA committees. He steered the establishment of the Greater Bay Area Committee to help Hong Kong accounting profession to secure a foothold in the area, he was chairman of Professional Conduct Committee, Small and Medium Practices Committee, Ethics Committee and Nomination Committee. He has also involved in the Education Standards Committee.

As well as running business, Mr Kong’s earnest commitment to making the world better is attested by his sterling public service including his involvement with Small and Medium Practices Advisory Group of International Federation of Accountants (IFAC), Securities and Futures Appeals Tribunal, Mainland Business Advisory Committee and Service Promotion Programme Committee of Hong Kong Trade Development Council, Audit Committee of The University of Hong Kong, Advisory Committee on Graduate Employment of The Hong Kong Baptist University, and Advisory Committee for the BBA (Hons) in Professional Accountancy of The Hang Seng University of Hong Kong.

Mr. Kong qualified as a Chartered Accountant in the 1980's and is a fellow member of HKICPA and ICAEW.

Ms. Melissa Pang (彭韻僖), BBS, MH, JP
President, The Law Society of Hong Kong

Ms. Melissa K. Pang has been serving as a Law Society Council member since 2005, and was the Vice-President of the Law Society from 2014 to 2017. She was elected President of the Law Society in 2018 and re-elected in 2019 and 2020. Ms. Pang currently serves as Chairperson of Consents Committee and Pro Bono and Community Work Recognition Committee. She is also a member of several other committees overseeing policy and resources, constitutional affairs and human rights, external affairs, international legal affairs and Greater China legal affairs.

Ms. Pang is qualified to practise as a solicitor in Australia, England and Wales, and Hong Kong. She is also a Notary Public, Civil Celebrant, accredited mediator, associate member of the Hong Kong Institute of Arbitrators, and China Appointed Attesting Officer. Her main areas of practice are civil litigation, commercial law and property law. She is a Partner of Pang & Associates.

Ms. Pang is at present President-elect of LAWASIA. With her devotion to public service, Ms. Pang was awarded the Medal of Honour in 2006, Justice of the Peace in Hong Kong in 2010 and Bronze Bauhinia Star in October 2020.

Mr. Nicholas Ho (何力治)
Co-Convenor of Belt and Road Working Group, >Hong Kong General Chamber of Commerce

Award-winning architect Nicholas Ho currently serves as Chairman of hpa (Ho & Partners Architects), a leading multi-disciplinary architectural practice headquartered in Hong Kong, and a Strategic Partner of HKTDC’s Belt and Road-related initiatives.

With years of design experience across Europe, China, Southeast Asia and the Middle East and his wealth of knowledge and insight, Ho is the Hong Kong, China (HKC)'s representative to the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC), member of the HKSAR Youth Development Commission, member of Hong Kong Trade and Industry Advisory Board, member of Hong Kong Trade Development Council (HKTDC) Belt and Road & Greater Bay Area Committee, and council member of Lingnan University.

With landmark projects across 50 cities in 12 countries totaling over 1 billion square feet of construction footprint, hpa has firmly established itself as an international and technologically advanced advisory platform for four decades.

Ho has a keen interest in exporting Hong Kong professional services abroad, as exemplified by his current projects across Southeast Asia, Europe and the USA. Aligning with the PRC’s mandate to develop the Belt and Road Initiative, he has been actively establishing partnership alliances along the New Silk Road.

Dr. George Lam, BBS (林家禮), Co-chair
Honorary Chairman, Asia Pacific, CMA Australia (Hong Kong Branch)

Dr. Lam is Chairman of Hong Kong Cyberport, Non-Executive Chairman – Greater China and ASEAN Region of Macquarie Infrastructure and Real Assets, a member of the Committee on Innovation, Technology and Re-industrialization, the Governance Committee of the Hong Kong Growth Portfolio of the Hong Kong Special Administrative Region Government, the Belt and Road and Greater Bay Area Committee of the Hong Kong Trade and Development Council, the Court of the City University of Hong Kong, the Advisory Board of the Tencent Finance Academy Hong Kong, the Advisory Board of the Hong Kong Investor Relations Association and the Sir Murray MacLehose Trust Fund Investment Advisory Committee; Chairman of the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) Sustainable Business Network (ESBN) and its Task Force on Banking and Finance, Honorary Advisor to Hong Kong Business Angel Network (HKBAN), Chairman of Monte Jade Science and Technology Association of Hong Kong, Vice Chairman of Pacific Basin Economic Council (PBEC), and President of Hong Kong-ASEAN Economic Cooperation Foundation.

Sr L.C. Yu (余立佐), Discussant
Director, China Harbour Engineering Company Limited (Hong Kong Region)

Director, Corporate Legal Consultant and Chief Quantity Surveyor of China Harbour Engineering Co Ltd (HK), responsible for all the litigation, arbitration and contractual matters and commercial project management of engineering and building projects in China, Hong Kong, Taiwan, UK, Panama, Mexico, Middle East and South East Asia region as well as administration of human resources department.

Over 40 years construction management experience both with government consultants and general contractors in many local infrastructure and building projects including Sha Tin New Town and Tai Po New Town development, Kowloon-Canton Railway Double Tracking and Electrification, Hong Kong Eastern Corridor, Airport Core Programme (ACP) projects, Container Terminal No. 8, West Rail projects, Trunk Roads Route 1, Route 7 and Route 8, Hong Kong-Zhuhai-Macao Bridge projects, Hong Kong International Airport Third Runway Reclamation , Integrated Waste Management Facilities and building development in Hong Kong and international infrastructure projects (ports, power stations, airports, roads and bridges).

In addition, Sr Yu is also:

  • Immediate Past Chairman and Energy and Environmental Sub-Committee Chairman of the Chartered Institution of Civil Engineering Surveyors (CICES), HK Region
  • Founding Member and Secretary General of Global BIM Centre of Excellence (CoE)
  • Executive Director of the Architectural Society of China – Construction Management Research Sector (ASC–CMRS)
  • Vice Chairman of the Hong Kong Project Management Exchange Centre (PMEC)
  • Director of the China Universities Alumni (HK) Association
  • Vice President of Tongji University Hong Kong Alumni Association
  • Assessor of RICS, HKIS and CICES Professional Assessment for Quantity Surveyors
  • Visiting Lecturer of Hong Kong Polytechnic University and University of Macau

Organizer

cshk

Sponsor

GR

Collaborating Organizations

CGCC CMA HKGCC HKGCC LS LS

CityU Supporting Units

CB ENG CLASS CSCI EMBA ES SLW

Supporting Organizations

AWAHK FSDC HKEIA HKTDC

Workshop 1: Cultural Diversity and Efficient Management: Hong Kong Professional Services, Overseas Investments and Special Economic Zones in Cambodia

Symposium Poster

Register: https://20210208-pass-workshop-1-cambodia.eventbrite.hk

Date and Time:

- - 8 February 2021 (Monday)
- 9:00 am – 12:00 pm (HKT) / 8:00 am – 11:00am (Cambodia Time)

Format and Venue:

- Hybrid (due to COVID-19 conditions):

  • o CityU MMR: for speakers in Hong Kong
  • o Zoom: for speakers not in Hong Kong plus all participants
- English

Introduction:

What are the opportunities and risks of investing or expanding business operation in Cambodia? What are the benefits and concerns for developing businesses in Special Economic Zones (SEZs) there? What unique roles could Hong Kong professional services play to facilitate mutual advancement?

This Workshop aims to present a portrait of business opportunities and challenges in Cambodia from three perspectives: 1) the local Cambodian, 2) the Belt and Road and 3) Hong Kong. Through triangulation of first-hand information, insights and successful experience shared by seasoned entrepreneurs, professional practitioners, SEZs management, scholars and government officials, participants would be able to distil an in-depth understanding of cultural diversity and efficient management of overseas investments and SEZs in Cambodia. In particular, this Workshop will unpack the challenges and scrutinize the pathways whereby Hong Kong professional services and businesses may perform their distinctive roles in mitigating risks and thus take part for mutual gains and sustainable development in Cambodia.

Programme

Time (HKT)Session
08:45-09:00Registration
09:00-09:05- Welcoming
09:05-11:00 Insight Sharing:
A. Development and SEZ in Cambodia
1. Mr. Socheat Oum, Director of Foreign Languages Department, NIDIR, Ministry of Foreign Affairs and International Cooperation
2. H.E. Sophal Suon, Director of Public Relations and Promotion of Private Investment, The Council for the Development of Cambodia
3. Mr. James Chang, Marketing Manager, Phnom Penh Special Economic Zone

B. Investment and Banking
1. Mr. John Yung, Board Member, SEVP & CIO, The Shanghai Commercial & Savings Bank
2. Ms. Elsie Gung, Deputy Chief Executive Officer, Bank of China (Phnom Penh Branch), and;
Mr. Xu Wei, General Manager, Corporate Banking Department, Bank of China (Phnom Penh Branch)

C. Professional Services and Business
1. Mr. Larry Ng, Executive Director & Deputy Secretary General Hong Kong Business Association of Cambodia
2. Ms. Catherine Chan, Founder & Executive Director, Urban Village & Factory Phnom Penh

D. Cambodia and the Belt and Road
H.E. Prof. Ky Sereyvath, Director General of the Institute of China Studies, Royal Academy of Cambodia
11:00-11:55Q&A and Discussion
• Chair: Prof Linda Chelan Li (Director, Research Centre for Sustainable Hong Kong, City University of Hong Kong)
• Discussant: Prof Ratana Y (Emeritus Professor, University of Cambodia)
11:55 – 12:00Concluding Remarks

Presentation PowerPoint from Speakers:

  1. Mr. Socheat Oum
    Click for the PowerPoint
  2. H.E. Sophal Suon
    Click for the PowerPoint
  3. Mr. James Chang
    Click for the PowerPoint
  4. Mr. John Yung
    Click for the PowerPoint
  5. H.E. Prof. Ky Sereyvath
    Click for the PowerPoint
  6. Mr. Larry Ng
    Click for the PowerPoint

Guests & Speakers

Mr. Socheat Oum
Director of Foreign Languages Department, NIDIR, Ministry of Foreign Affairs and International Cooperation

Mr. OUM Socheat is studying PhD at Department of Public Policy at CityU Before that, he has been a professional diplomat for more than 10 years for the Ministry of Foreign Affairs and International Cooperation of the Kingdom of Cambodia before. He is interested in Belt and Road projects and how they might enhance social development of Cambodia, seeking the mutual benefit, connectivity and innovation between the Greater China and ASEAN.

BSocheat holds Master Degrees in Public Administration from Seoul National University in 2015. He obtained a Diploma of High Ranking Civil Servant in 2007 and since then he has served and assigned to many posts as the official of the Ministry of Foreign Affairs and International Cooperation of the Kingdom of Cambodia. His latest appointment was the director of the Foreign Languages Department, National Institute of Diplomacy and International Relations.

H.E. Sophal Suon
Director of Public Relations and Promotion of Private Investment, The Council for the Development of Cambodia

Sophal Suon has held a number of leadership roles in the public and private sectors. He is currently the Director of Public Relations and Promotion of Private Investment at the Council for the Development of Cambodia. In his career at the Council for the Development of Cambodia, he has been involved in regional economic cooperation including ASEAN Investment Area, the Greater Mekong Sub-region (GMS) Economic Cooperation Program, UNESCAP Asia-Pacific Foreign Direct Investment (FDI) Network, ACMECS, the Mekong-Lancang Cooperation and WTO.

He is a Lead Negotiator for WTO Investment Facilitation Framework and ASEAN- China Investment Agreement and has involved in the negotiations for various agreements including the ASEAN Comprehensive Investment Agreement (ACIA) as well as ASEAN’s Investment Agreements with China, India, Republic of Korea and the investment chapters under ASEAN-Japan, ASEAN-Australia-New Zealand, the RCEP, and the Cambodia-China FTA. He was a member of Think- Tank for East Asia Economic Cooperation and East Asia Vision Group. He was elected as Young Business Leader by the Forum on East Asia and Latin America Cooperation encountered in Tokyo, 2004.
Prior to assuming his career in the CDC, he served as a senior official in charge of Public Procurement at the Ministry of Economy and Finance. He worked extensively on economic development in various financial institutions including the Credit Committee for Rural Development, the World Bank, the Asia Development Bank, and the Investment Bank Berlin. He was Chief Accountant at the United Parcel Services (UPS).

He received a bachelor’s degree in Accounting and Finance in a joint program of San Francisco University and George Town University, and Master’s degree in Public Management from the Lee Kuan Yew School of Public Policy (National University of Singapore), and the Harvard Kennedy School of Government (Harvard University). He is also a graduate of the Carl Duisburg Centre in Germany specializing in economic development with a focus on investment promotion in Asia.

Mr. James Chang
Marketing Manager, Phnom Penh Special Economic Zone

Mr. James Chang is Marketing Manager of Phnom Penh Special Economic Zone. His main responsibilities include overseeing the marketing and sales activities.

He obtained a Bachelor of Laws degree from National Taiwan University, Taiwan in 2010. He has more than five years of experience in the field of marketing and sales. He started his career as a Sales Assistant in a flavour and fragrance company in China in 2011. Subsequently, he joined Union Chemical Ind. Co., Ltd. in Taiwan in 2014 as Sales Representative and left as a Marketing Manager before he joined the Company in 2017.

Mr. John Yung
Board Member, SEVP & CIO, The Shanghai Commercial & Savings Bank

JOHN CON-SING YUNG is currently Board member, SEVP and CIO of The Shanghai Commercial and Savings Bank, Ltd (SCSB), in charge of IT, Risk, Compliance, Legal, Operations, International business development and The Three Shanghai Bank Alliance. He also holds several key positions on behalf of SCSB in subsidiaries, Shanghai Commercial Bank (Hong Kong), AMK Microfinance (Cambodia), SCSB China Leasing (China) and China Travel Services (Taiwan). John has been leading the entry into South East Asia for SCSB for the last 15 years with now branches in Singapore and Vietnam, Representative office in Indonesia, Thailand and Cambodia. In 2018, SCSB invested in a controlling stake in AMK to return to the group’s root of serving the mass and unbanked when SCSB was established in Shanghai in 1915. AMK’s mission is not just to provide financial services to the rural poor but to help them to grow economically as SCSB have done in the pass in the Greater China Region. Through AMK’s Tonlesap app Cambodia farmer’s can easily access the supply chain from education, climate data, raw material, equipment sharing, direct to end customers and logistic needs. AMK also provide access to the “One Belt One Road” network to China through SCSB’s branches in China and cross-equity holding alliance with Shanghai’s Bank of Shanghai. John is also in charge of SCSB’s CSR effort through SCSB Arts & Cultural Foundation and SCSB Charity Foundation.

John started his career at Chase Manhattan Bank in Hong Kong before joining Shenzhen Concord, a JV investment company between Canadian Eastern Finance and the Shenzhen Government. For next decade John focused on building IT and Telecommunication businesses in the Greater China Region before joining the Shanghai Commercial and Savings Bank, Ltd. He received his AB and MBA degree from the University of Chicago.

Ms. Elsie Gung, Deputy Chief Executive Officer, Bank of China (Phnom Penh Branch),and
Mr. Xu Wei, General Manager, Corporate Banking Department, Bank of China (Phnom Penh Branch)

Bank of China Limited Phnom Penh Branch (BOCPP) is a branch of Bank of China (Hong Kong) Limited (“BOCHK”). BOCHK is a major commercial banking group, one of the three note-issuing banks and the sole clearing bank for Renminbi (“RMB”) business in Hong Kong. We have strong market positions in all major businesses and enjoy leading edges in cross-border and RMB businesses. Bank of China (“BOC”) has been established for more than 100 years and is the most internationalized and diversified bank in China. As part of BOC Group’s overseas development strategy, BOCHK expedites its regional development into a top-class, full-service and internationalized regional bank.

Bank of China is the sole bank in China that continually operates on century, and is a leading commercial bank in the world. By end of first half year of 2012, the capitalization of BOC stood at USD 131.2 billion, ranked sixth among global public listed banks. The value of the bank’s brand was worth USD 21.9 billion, ranked 4th among all global financial institutions.

BOCPP was established in 2010, approved by the China Banking Regulatory Commission, a subsidiary wholly and directly owned by Bank of China Head Office. BOCPP holds a universal banking business license, which can operate all kinds of banking products and services in Cambodia and internationally. Currently focus on all sorts of account opening, deposits, loans, international settlement, trade financing, debit card business, global capital management, global remittance, financial institute business and Cambodia local clearing. Besides USD and KMR currency, we also have CNY, EUR, HK Dollar etc. In addition, besides the two current operate channel, we provide powerful online banking.

BOCPP attaches great importance to innovation and import new products, special products like: E-banking, Express Pay Card, RMB Business, CNY Pre-settlement Remittance, Smart Salary Remittance, Loan under Financing Guarantee and Commercial Property Mortgage Loan. Recently, BOCPP launched debit card and ATM service for the convenience of the customer.

BOCPP vigorously motivated RMB globalization since opening. Currently we have RMB deposit, RMB loan, RMB Remittent, RMB exchange and RMB L/G. We successfully promoted the first cross boarder RMB international trade settlement transaction between Cambodia and China on March 16th, 2011, and first RMB corporate loan business in 2012.

Mr. Larry Ng
Executive Director & Deputy Secretary General Hong Kong Business Association of Cambodia

Mr. Larry Ng currently serves as the Managing Director of ALLNISON Auditing & Consulting Co., Ltd. and REANDA LLKG Cambodia Co., Ltd. Larry Ng has more than 20 years of experience in financial and accounting sectors in Canada, Hong Kong, China and Cambodia, providing professional accounting, taxation and consulting advises for investors.

Mr. Larry Ng is currently the lead tax advisor of The Cambodia China Hong Kong & Macau Expatriates & Business Association, and The Hong Kong Business Association of Cambodia (HKBAC), assisting in providing tax audit solutions.

Prior going to Cambodia, Mr. Ng was working in PricewaterhouseCoopers in Hong Kong, providing taxation solutions on public listing, mergers acquisitions advises, and advises on private equity funding and accounting issues. Mr. Ng first served as Assistant to President of Canadian Bank, one of the top 3 banks in Cambodia when coming to Cambodia in 2009, and later was also participating in the forming of China-ASEAN Interbank Association.

In 2010, Mr. Ng was appointed as Chief Executive Officer of Cana Securities Ltd. Mr. Ng was also one of the speakers at The 6th Fan Beibu Gulf Economic Cooperation Forum.

Mr. Ng’s community involvements include serving as the Vice-Chairman of The China Hong Kong & Macau Expatriate Business Association of Cambodia, Deputy Secretary General & Executive Director of HKBAC. HKBAC has been strengthening economic and cultural exchanges and cooperation between Hong Kong and Cambodia, and actively participating in economic interaction with the China-ASEAN Free Trade Area and promoting the business opportunities of the Belt and Road.

Ms. Catherine Chan
Founder & Executive Director, Urban Village & Factory Phnom Penh

Ms. Catherine Chan is one of the leading female entrepreneurs originally from Hong Kong. Ms. Chan graduated from the London School of Economics and Political Science and is a Hong Kong Certified Accountant. She is also a winner of the 3rd Golden Bauhinia Women Entrepreneur Award. Ms. Chan is currently the Director of Goldfame Group, a Hong Kong-based conglomerate, investing in various industries across Asia and Europe, including Spain, Hong Kong, China and Cambodia, where she also holds multiple key management positions. Entering Cambodia in 1996, Goldfame Group is now investing in different sectors in the country, including garment and furniture manufacturing, property development, microfinance and insurance. Ms. Chan is also the co-founder of Urban Village & Factory Phnom Penh, the biggest Hong Kong development project in Cambodia. The project owns the biggest creative hub in Southeast Asia. She has led her team to win two prestigious regional awards “Best Condo Development in Asia” in 2019 and “Best Co-working Space in Asia” in 2020. Urban Village also won 14 other awards locally including “Best Condo Development in Cambodia” and “Best Condo Development in Phnom Penh” awards in two consecutive years and has been lauded by local and regional real estate industry leaders.

Catherine is member of Hong Kong Institute of Public Accountants. She is Winner of Golden Bauhinia Women Entrepreneur Awards. She also holds the following titles: -Founder & Executive Director of Urban Village & Factory Phnom Penh
-Director of Goldfame Group
-Director of Global Agricultural Development Limited
-Director of Silver Apex Company Limited (Spain)
-Chairlady of CLC (Cambodia) Microfinance
-Honourable Chairlady of Hong Kong Institute of Environmentalists
-Vice President of First Gold Charity Fund
-Honorary President for Association of Agricultural International Cooperation of Hainan Province

H.E. Prof. Ky Sereyvath
Director General of the Institute of China Studies, Royal Academy of Cambodia

Prof. Sereyvath Ky is currently the director general of Institute of China Studies, Royal Academy of Cambodia. He is a senior researcher in the field of economics in Cambodia. Beside providing policy recommendation the central government, he usually shares his opinion, research results to the public via both local and international medias, including TV broadcasting, radios, and electronic newspaper. Currently, he is invited to be a senior advisor to Cambodia Chamber of Commerce. In 2019, he is an affiliate of Microeconomic competitiveness (MOC) which is organized by Professor Michael Porter, in Harvard Business School (USA). Moreover, since 2018, Prof. Sereyvath was invited to be an external advisor to the research and development center in Guizhou and economic advisor to a non-profit organization namely Konrad-Adenauer Stifftung.

For research, Prof. Sereyvath completed a project on “Strategic development of E-commerce in Cambodia on Agricultural sector” in 2020. In year 2019, Prof. Sereyvath completed a project on “Behavior Chinese Investment in Cambodia” as the project manager and project correspondent, funded by Yunnan University and Royal Academy of Cambodia. Furthermore, By the year 2018, he successfully served as project manager of the research on “Potentials and Challenges of Investment in Cambodia”, funded by the Royal Government of Cambodia.

Prof. Sereyvath has also conducted desk research on various economic topics, such as ‘Source of economic growth in Cambodia, Socio-economic challenges of Cambodia’, ‘Regional economic integration of GMS: Perspective and Risk’ and ‘A Comparative study of Characteristics of ODA of China-Japan-Korea to Cambodia’.

Prof Ratana Y
Emeritus Professor, University of Cambodia

Prof Y Ratana served as Academic Advisor for an SPPR project about Hong Kong professional services and the Belt and Road Initiative completed by Research Centre for Sustainable Hong Kong at City University of Hong Kong in 2020.

Prof Ratana served as Vice Presidents (rector) in charge of academic affairs at the University of Cambodia from (2014 to 2019) and Vice President for Academic Affairs and Post Graduate Studies Division at the Dewey International University-DIU located in Battambang Province from May 2019 to December 2019. Before that, he had worked from the University of Cambodia for 12 years since July 2007 after graduating as Doctor of Philosophy in Sociology in March 2007 at the University of Tsukuba, Japan. He was appointed to chair many committees including exit examinations, entrance examinations, scholarships examinations, international quality assurance, and curriculum development and served as frontline communications and collaborations with ministries in charges of education and higher education institutions in Cambodia and overseas. As a university professor, Ratana has taught many courses, for both undergraduate and graduate programs, in the field of Philosophy, Political Science, Sociology and Development.

Prof Ratana has been involving with a lot of activities in promoting and enhancing the quality of higher education in Cambodia. Ratana has been involving in curriculum development both undergraduate programs and graduate programs and policy and guidelines at the University of Cambodia, in particular, and has been engaging in a number of workshops/seminars and meetings with Ministry of Education, Youth and Sports, Accreditation Committee of Cambodia, and other higher education institutions to discuss, exchange of ideas and experiences in developing policies and guidelines for Cambodian higher education system and its quality. Ratana has also provided training to staff and faculty members on the 9 Minimum Standards for Institutional Accreditation.

Workshop 2: Cultural Diversity and Efficient Management: Hong Kong Professional Services, Overseas Investments and Ports in Sri Lanka

Symposium Poster

Register: https://20210427-pass-workshop-2-srilanka.eventbrite.hk

Date and Time:

- - 27 April 2021 (Tuesday)
- 10:30 am – 1:30 pm (HKT) / 8:00 am – 11:00am (Sri Lanka Time)

Format and Venue:

- Hybrid (due to COVID-19 conditions):

  • o Zoom: for speakers not in Hong Kong plus all participants
  • o Zoom link to be shared via email to participants 2 days before event and the event day morning
  • - Mainly in English
  • - Free of charge
  • - CPD included (Please contact your respective Association for details)
  • - A complimentary training pack containing background materials and analysis is included

Introduction:

What are the opportunities and risks of investing or expanding business operation in Sri Lanka? What are the benefits and concerns for developing Port related businesses and Special Economic Zones (SEZs) there? What unique roles could Hong Kong professional services play to facilitate mutual advancement?

This Workshop aims to present a portrait of business opportunities and challenges in Sri Lanka from three perspectives: 1) the local Sri Lankan, 2) the Belt and Road and 3) Hong Kong. Through triangulation of first-hand information, insights and successful experience shared by seasoned entrepreneurs, professional practitioners, Port and SEZs management and local researchers, participants would be able to distil an in-depth understanding of cultural diversity and efficient management of overseas investments, as well as port and SEZs development in Sri Lanka. In particular, this Workshop will unpack the challenges and scrutinize the pathways whereby Hong Kong professional services and businesses may perform their distinctive roles in mitigating risks and thus take part for mutual gains and sustainable development in Sri Lanka.

Programme

Time (HKT)Session
10:15-10:30Registration
10:30-10:35Welcoming
10:35-12:35 Insight Sharing:
A. Economic Development and Trade in Sri Lanka
Ms. Subhashini Abeysinghe, Research Director, Verité Research

B. Port Development in Sri Lanka
Mr. Tissa Wickramasinghe, Chief Operating Officer, Hambantota International Port Group
Ir. Chris W F Lau, Director of Zhen Hua Engineering Co Ltd and Deputy General Manager of Business Development Department, China Harbour Engineering Company Limited

C. Business Opportunities in Sri Lanka
Mr. Thirukumar Nadarasa, Chief Executive Officer, Hutchison Telecommunications Lanka Pvt Ltd
Mr. Peter Cheng, Chairman, Hanbo Enterprises Limited
12:35-13:25Q&A and Discussion
• Chair: Dr Linda Yin-nor Tjia (Member, Research Centre for Sustainable Hong Kong, City University of Hong Kong)
• Discussant: Prof Linda Chelan Li (Director, Research Centre for Sustainable Hong Kong, City University of Hong Kong)
13:25 – 13:30Concluding Remarks

Presentation PowerPoint from Speakers:

  1. Mr. Tissa Wickramasinghe
    Click for the PowerPoint
  2. Ir. Chris W F Lau
    Click for the PowerPoint
  3. Mr. Thirukumar Nadarasa
    Click for the PowerPoint
  4. Mr. Peter Cheng
    Click for the PowerPoint
  5. HKU Trade Slides 2021
    Click for the PowerPoint

Guests & Speakers

Ms. Subhashini Abeysinghe
Research Director, Verité Research

Subhashini Abeysinghe is an economist specializing in international trade. She is an expert on Sri Lankan economy, private sector development, economic and trade policy, trade regulations, non-tariff barriers, trade facilitation, WTO and regional trade agreements. She has a Bachelor’s Degree in Economics (first class honors), a Master’s Degree in Economics from University of Colombo, and a Master’s Degree in International Law and Economics (Summa cum Laude) from World Trade Institute, University of Bern, Switzerland. Subhashini is currently working as a Director of Research at Verité Research, a research and strategy firm based in Colombo. She has worked for the Ceylon Chamber of commerce (CCC) for nearly 10 years as a senior economist.

A recent interview on trade and development in Sri Lanka featuring Ms Abeysinghe can be viewed here: Click here

Mr. Tissa Wickramasinghe
Chief Operating Officer, Hambantota International Port Group

A 40-year career in maritime transportation qualifies Tissa Wickramasinghe to be considered one of Sri Lanka’s most eminent professionals in the field.

Currently Chief Operating Officer at Hambantota International Port Group (Private) Limited (HIPG), the billion dollar port infrastructure investment in Southern Sri Lanka, his career encompasses 30 years in the Ports and Terminals industry, and 10 years with the British Merchant Navy.

A British-qualified Marine Engineer, he served for 10 years as General Manager of South Asia Gateway Terminals (Pvt) Ltd. (SAGT) the first public-private partnership project of the Port of Colombo, and as Director Projects in the Transport Sector, responsible for overseas port development business at Sri Lanka’s leading conglomerate John Keells Holdings (JKH). He then joined Colombo International Container Terminals (Pvt) Ltd. (CICT), the second public-private partnership project between China Merchants Port Holdings and the Sri Lanka Ports Authority in the Port of Colombo.

Tissa Wickramasinghe’s extensive experience in the Port and Terminal industry in the public and private sectors in Sri Lanka and overseas includes the negotiation of Public, Private Partnership (PPP) projects with state authorities and the establishment of new joint venture port projects under Public / Private Partnership schemes. He has the rare distinction of possessing knowledge, skills and working experience in the technical and operational aspects of port management as well as in marketing and commercial aspects.

He is a Fellow of the Institute of Marine Engineering Science & Technology (UK) and a Fellow of the Chartered Institute of Logistics & Transport (UK).

Ir. Chris YF Lau
FHKIE, FICE, CE, MCArb, RPE, MBA
ZHEC Director & CHEC BDD Department Deputy General Manager

Ir. Lau has participated in the Construction Industry for more than 35 years; he has extensive experience in managing and overall planning of large scale site formation works, earthwork, road and drainage, bridgework and infrastructure work. He has engaged in various contracts with different nature and is familiar with different systems of project administration and contract management.

Between Year 2005 to 2008, he was assigned to stay overseas to manage a number of construction projects in Sri Lanka and Qatar. During his 4 years staying in Sri Lanka, he participated in the formulation of some major infrastructure projects which became realized in later stage, the Hambantota Port Development and Mattala Rajapaksa International Airport. These were distinguished projects and funding of these projects were provided by the People Republic China Stated owned Bank through soft loan arrangement. These infrastructures were treated as the pilot projects of the Belt and Road Initiative.

Mr. Thirukumar Nadarasa
Chief Executive Officer, Hutchison Telecommunications Lanka Pvt Ltd

Thiru is a UK qualified telecoms professional with an Bachelor’s Hons Electronics Degree from Loughborough University, a Masters Degree in Telecommunications from Aston Birmingham and a Masters Degree in Management from Imperial College. He has over 30 years of experience in the telecom industry initially with Singapore Telecoms and then for more than 20 years with Hutchison Telecoms, Hong Kong. Thiru is presently based in Sri Lanka and last year has lead a unique merger of two nationwide mobile operations of Hutch & Etisalat in order to compete more effectively with the market leaders and also to position the merged company for future broadband data expansions in 4G and 5G.

Thiru has positioned himself as an ‘emerging market telecom specialist’ holding senior management positions on the ground in India, Indonesia , Myanmar, Thailand, Vietnam and Sri Lanka. He has also done a brief stint in the MEA region managing multiple telecom operations in western, central and northern Africa, and has been fortunate to have been involved in deploying all wireless technologies from paging to ETACS analogue, GSM/CDMA, 3G UMTS and now 4G LTE mobile technologies in the region.

Thiru’s primary mission has been to enter new markets and establish greenfield telecom operations including fully localized organisations focused on addressing the specific needs of the local market with the most appropriate wireless technologies that delivers an ROI to shareholders. He has also been involved in the re-structuring and re-focussing of under-performing telecom operations in the region.

Mr. Peter Cheng
Chairman, Hanbo Enterprises Limited

Mr. Cheng Lap Yin (鄭立言), is the cofounder and Chairman of Hanbo group. He had been responsible for the company’s business development and marketing and successfully led the group to list on the mainboard of the Hong Kong Exchange in July 2014. He sold all his shares of Hanbo in October 2016, and has diversified into various businesses including food and beverages, program trading, blockchain and IT, ESG reporting, co-working and incubation center. His recent focus is on IT deployment in supply chain management and trade finance, and Smart Chain has recently partnered with HSBC to complete the first digital end-to-end trade finance transaction on eTradeConnect, a blockchain-based trade finance platform in Hong Kong.

Mr. Cheng obtained an Executive Master of Business Administration (EMBA) degree and a Doctor of Business Administration (DBA) degree at the City University of Hong Kong. He is also Business Advisor of Operation and Supply Chain Management at College of Business, City University of Hong Kong.

Mr. Cheng is also the co-founder of the Hong Kong Apparel Society Limited (HKAS), which is an influential representative organization of apparel industry SMEs in Hong Kong. He is also currently Council member of Hong Kong Textile Council, the Executive Committee Member of Sustainable Fashion Business Consortium (SFBC) and Fashion Industry Development Council (FIDC) in Hong Kong.