Hong Kong General Chamber of Commerce

Hong Kong General Chamber of Commerce
HKGCC logo.svg
Abbreviation HKGCC
Formation 1861
Legal status Not-for-profit organisation
Purpose Chambers of commerce in Hong Kong
Location
Region served
Hong Kong
Chairman
Stephen Ng
Website Hong Kong General Chambers of Commerce

The Hong Kong General Chamber of Commerce (HKGCC; Chinese: 香港總商會) was founded in Hong Kong in 1861. It is a self-funding, non-profit organization with about 4,000 member companies. Its stated mission is to safeguard and represent trade, service and industry in Hong Kong. The Chamber formulates positions on issues relevant to the business sector and communicates regularly with government officials and policy makers in the form of public campaigns or position statements delivered to government. [1]

History

The Hong Kong General Chamber of Commerce was founded in 1861, just 20 years after the foundation of the Colony of Hong Kong with Alexander Perceval of British owned trading conglomerate Jardine, Matheson & Co as its first chairman. [2] The original membership consisted of 62 companies. [3]

At that inaugural meeting, the Chamber's role was stated to be:

"... to watch over and protect the general interests of Commerce, to collect information on all matters of interest to the Mercantile Community, and to use every means within its power for the removal of evils, the redress of grievances, and the promotion of the common good; to communicate with authorities and other thereupon; to form a code of practice whereby the transaction of business may be simplified and facilitated; to receive references; and to arbitrate between disputants -- the decisions in such references to be recorded for future guidance." [4]

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