here - The Hong Kong Institute of Chartered Secretaries

THE INSTITUTE AND CHINA
21
Network in China
The ever increasing dominant role of Mainland enterprises
in Hong Kong’s capital markets and the melding of Hong
Kong and Mainland businesses through the Closer
Economic Partnership Arrangement (CEPA) means that
Hong Kong’s role as a service centre in rendering value
added and professional services to the Mainland remains
as vital as ever. The Institute’s role in pursuing the
following objectives continues imperative:
To these ends, the Institute has been working closely
with authorities and regulators in Mainland China in
promoting the development of professional standards
and good corporate governance practices through visits,
study tours and training programmes for company
secretaries, managers and administrators in China
during the year.
• to help Mainland enterprises and regulators
understand the importance of a Company
Secretary in developing good corporate
governance in order for business to prosper in
the long term;
• to promote the company secretarial
fundamentals, namely role, functions and
qualification in China through presentations to
regulators and co-operation with educational
institutes and commercial organizations;
• to support the enhancement of the Company
Secretary profession through on-the job
professional training to board secretaries and
senior executives of the Mainland enterprises
listed in Hong Kong; and
• to ensure that Institute members understand
legal practice, government and economic
systems in China.
Visits to China
Immediate Past President Samantha P.Y. Suen, Vice-
Presidents Natalia K.M. Seng and Maurice W.F. Ngai,
Treasurer Joseph S.Y. Yau, China Affairs Committee
Member Bernard L.T. Wu and Director — Membership
& Administration Louisa T.M. Lau visited Shenzhen and
Guangzhou from 14 to 16 November 2003.
Institute President Neil M. McNamara, Maurice W.F.
Ngai, Samantha P.Y. Suen and Louisa T. M. Lau paid a
visit to Beijing and Shanghai from 19 to 22 April 2004.
The main purposes of these trips were to strengthen
networking in China to present the H-share Board
Secretaries Affiliate Programme initiative to China
Securities Regulatory Commission, to promote the
Company Secretary/board secretary profession and
corporate governance to various regulatory,
professional, academic and commercial organisations
in China; to encourage future exchange of knowledge
and experience between Mainland board secretaries
and Institute members.
ANNUAL REPORT 2004
THE HONG KONG INSTITUTE OF COMPANY SECRETARIES