Presentation on ECommerce Development in Hong Kong to

Presentation on “E-Commerce Development in Hong Kong” to the International Business Committee Monday 24 January 2000 Mrs Jessie TING, Deputy Secretary for Information Technology and Broadcasting

Potential of E-commerce “… the storm that’s arriving is when thousands and thousands of institutions that exist today seize the power of this global computing and communications infrastructure and use it to transform themselves. That’s the real revolution. . . ” Louis Gerstner, Chairman and CEO of IBM “… in five years’ time, all companies will be Internet companies, or they won’t be companies at all. . . ” Andrew Grove, Chairman of Intel “… in e-Commerce, the big won’t beat the small but the fast will beat the slow … ” John Chambers, President & CEO of Cisco Systems 2

Potential of E-commerce Worldwide Market HK Market 3

Hong Kong’s Advantage • Fast acceptance of new technology • Diligent and hardworking • Innovative and adaptive • Springboard to Mainland • Bilingual Capability Geographical and linguistic advantage Culture • IT literate labour force Capability Business Environment • Pro-business environment • Government’s commitment to IT development • Sound legal system • Low tax rate Skills Communication Infrastructure • World class telecommunication infrastructure 4

Private Sector Initiatives. . . 5

Government’s E-commerce Policy • To provide a favourable environment for ecommerce to take hold and flourish in Hong Kong • To develop Hong Kong into a centre of ecommerce in the Asia. Pacific Region 6

Government’s E-commerce Initiatives Electronic Services Delivery (ESD) Promotion of E-commerce Public Key Infrastructure (PKI) Clear Legal Framework for Electronic Transactions Common Chinese Language Interface 7

Electronic Service Delivery (ESD) 8

Information Infrastructure of ESD Content Provider Certification Authority ESD Service Provider -Government departments -Public agencies -Businesses Financial Services Provider Possible Access Means Internet Appliances Personal Computers via the Internet Public Information Kiosk Smart Phone (Public Telephone with Interactive Interface) 9

Public Key Infrastructure (PKI) __________________________________________________ • Authentication • Integrity • Confidentiality • Non-repudiation 1

Public Key Infrastructure (PKI) __________________________________________________ Digital Signatures Digital Certificate Encryption Certification Authority 1

Electronic Transactions Ordinance • To provide a clear framework and a secure environment for the conduct of electronic transactions • To give the same legal status to electronic records and digital signatures as that of their paperbased counterparts • To promote and facilitate the operation of certification authorities in Hong Kong 1

Common Chinese Language Interface • To develop a common Chinese language interface (ISO 10646) for the conduct of electronic transactions in Chinese 中文. . . 中文 1

Promotion of E-commerce to Industry • E-commerce seminars • E-commerce information kit • E-commerce solutions for SMEs 1

Promotion of E-commerce to the Public • Large scale exhibitions • ESD roving shows at convenient public locations 1

Interactive Government Services Directory __________________________________________________ 1

Promotion of Wider Use of IT • E-community Ambassador • Community Cyber Points 1

Thank you