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HK property developers seek to promote mainland market
2005-09-19 07:48:53 Xinhua English

HONG KONG, Sept. 19(Xinhuanet)-- Eyeing the huge potentials in the Chinese mainland property market, Hong Kong Permanent Secretary for the Environment, Transport& Works Lo Yiu-ching will lead a 148-strong delegation to attend a construction-related conference in Xi'an, northwest China's Shaanxi Province, on Tuesday.

The delegates include developers, contractors, consultants, academics, professionals from the engineering, finance and legal sectors as well as representatives of private enterprises related to the real estate sector, according to a government press release on Monday.

The conference is aimed at promoting the exchange in construction technology and expertise, and enhancing the cooperation and business opportunities between the construction industries in the Chinese mainland and Hong Kong.

The three-day annual conference, with the main theme on" Construction Economics, Real Estate& Urban Disaster Prevention", is jointly organized by the Ministry of Construction, the Xi'an Municipal Government and the Hong Kong's Environment, Transport& Works Bureau.

The topics to be discussed in the three sessions of the conference include urban safety and disaster prevention, financing, economic analysis and risk management in construction, and development of real estate, in particular energy-efficient and land-saving residential housing.

The Hong Kong delegation will table 50 technical papers, while the Chinese mainland will table 27. Eight papers from each side will be presented in the conference.

Upon completion of the conference on Sept. 22, Lo will lead 20 members of the Hong Kong delegation on a study mission to Yinchuan, Ningxia Hui Autonomous Region, where they can see the latest economic, town planning, infrastructure and real estate development.

They will also explore opportunities for business cooperation in these areas between the two sides. Enditem

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