Input to Public Policy

AmCham asked Congressmen and the administration to re-examine the impact of worldwide taxation on US international competitiveness.

AmCham stresses its worries regarding the voluntary nature of the Hong Kong Code of Marketing of Formula Milk, and Related Products, and Food Products for Infants & Young Children. To ensure that the rights of different stakeholders can be upheld, AmCham urges the panel to consider implementing the Hong Kong Code through legislation instead.

AmCham believes in maintaining a reputable business environment that is welcoming and ethical.

AmCham submits that HKSAR Government should adopt a collaborative mindset and approach to devise and implement Smart City initiatives. To ensure comprehensive planning and implementation, it is necessary for the Administration to set up a high-level authority to coordinate and formulate integrated policies. The submission also outlined specific best practices, which have already been proven effective by other cities, that are crucial to the success of a Smart City.

In the interest of enhancing economic efficiency, improving port competition, and fair consumer benefits, AmCham recommends a Block Exemption Order for VSAs with respect to the guidelines of the Competition Ordinance.

AmCham supports the ERP Pilot Scheme to address various transportation issues; however, a large priority in the planning and execution of a solution rests upon the development of Hong Kong as a “smart city”. Additionally, AmCham advocates for a “Pedestrian First, Mass Transport Second, Private Cars Last” strategy, which corresponds appropriately to Hong Kong’s specific conditions.

The Competition Commission’s Leniency Policy is, in general, supported by AmCham because the increased competition in the open economy is beneficial for Hong Kong. However, AmCham also recognizes that certain aspects of the program could potentially limit its effectiveness and material impact.

AmCham puts priority on three key tenets regarding the Electricity Market: increasing support for stakeholders to boost efficiency and conservation, encouraging renewable energy projects, and the installation of Advanced Metering Infrastructure in Hong Kong.