Mrs Jessie TING, Deputy Secretary for Information Technology and Broadcasting

Presentation on“E-Commerce Development in Hong Kong” to the

International Business CommitteeMonday 24 January 2000

Potential of E-commerce

“… in five years’ time, all companies will be Internet companies, or they won’t be companies at all ...”

Andrew Grove, Chairman of Intel

“… 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 e-Commerce, the big won’t beat the small - but the fast will beat the slow … ”

John Chambers, President & CEO of Cisco Systems

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3000US$mInternet Users in HK

Internet CommerceRevenue in HK

Potential of E-commerce

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Internet CommerceRevenue Worldwide

Worldwide Market HK Market

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Hong Kong’s Advantage

Culture

Skills

Communication Infrastructure

Capability

•Fast acceptance of new technology•Diligent and hardworking•Innovative and adaptive

•IT literate labour force

•World class telecommunication infrastructure

•Pro-business environment•Government’s commitment to IT development•Sound legal system•Low tax rate

Geographical and linguistic advantage

Business Environment

•Springboard to Mainland•Bilingual Capability

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Private Sector Initiatives ...

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Government’s E-commerce Policy

• To provide a favourable environment for e-commerce to take hold and flourish in Hong Kong

• To develop Hong Kong into a centre of e-commerce in the Asia-Pacific Region

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Government’s E-commerce Initiatives

Electronic Services Delivery (ESD)

Clear Legal Framework for Electronic Transactions

Public Key Infrastructure (PKI)

Common Chinese Language Interface

Promotion of

E-commer

ce

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Electronic Service Delivery (ESD)

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Certification Authority

FinancialServices Provider

InternetAppliances

PersonalComputers via the Internet

Public InformationKiosk

Content Provider

-Government departments-Public agencies-Businesses

Smart Phone(Public Telephonewith InteractiveInterface)

Possible Access Means

ESD Service Provider

Information Infrastructure of ESD

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Public Key Infrastructure (PKI) ___________________________________________________________________________________________________

• Authentication

• Integrity

• Confidentiality

• Non-repudiation

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Public Key Infrastructure (PKI) ___________________________________________________________________________________________________

Certification Authority

Digital Certificate

Digital Signatures

Encryption

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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 paper-based counterparts

• To promote and facilitate the operation of certification authorities in Hong Kong

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Common Chinese Language Interface

中文 ...中文 ...中文 ...中文 ...中文 ...中文

• To develop a common Chinese language interface (ISO 10646) for the conduct of electronic transactions in Chinese

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Promotion of E-commerce to Industry

• E-commerce seminars

• E-commerce information kit

• E-commerce solutions for SMEs

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Promotion of E-commerce to the Public

• Large scale exhibitions

• ESD roving shows at convenient public locations

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Interactive Government Services Directory ___________________________________________________________________________________________________

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Promotion of Wider Use of IT

• E-community Ambassador

• Community Cyber Points

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Thank you