Participants at the "Business after SARS" Conference expressed Saturday that Hong Kong would remain the premier business center in Asia despite its economy being adversely affected by the disease.
Chairman of PCCW Richard Li pointed out that Hong Kong's unique access to the Chinese mainland, one of the fastest growing economies in the world, and its economic freedom, ample financial resources, sound legal system, and low and simple taxation, contribute to his confidence in its economic recovery.
Also, he said Hong Kong survived the attack of SARS because of the quality of the people, and "the outstanding professionalism and personal dedication of the doctors, nurses and healthcare workers."
He said the resilience and capacity for rapid adjustment among the community enabled Hong Kong to face challenges and create world-class society against all hardships.
The very word "Hong Kong" means opportunity, creativity and entrepreneurship, Li concluded.
Peter Wong, Director of Standard Chartered Bank, pointed out "If every company in Hong Kong is doing their part, the momentum might be enormous."
He stated that Hong Kong is on the right track towards the long-term economic development and the negative impact brought about by SARS is likely to be short-termed.
"Human beings have the ability to take the future into their own hands, and Hong Kong is particularly good at it," he added.
Alasdair Morrison, Chairman & CEO of Morgan Stanley Asia Pacific, noted that the response by Hong Kong Special Administrative Region government and the medical establishment to SARS are a credit to Hong Kong.
The fundamental attractions of Hong Kong as a business center remain intact, namely rule of law, deep and vibrant financial markets, world-class infrastructure, talented workforce, simple tax regime and geographic position, he stressed.
The conference is part of the Operation Unite campaign aimed at revitalizing Hong Kong's economy.
(Xinhua News Agency June 8, 2003)
