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Annual Report 2016

二零一六年年報

7

Chairman’s Statement

主席報告書

Prospects

Looking ahead, with the external factors such as the continual slowdown of the

China’s growth, more aggressive interest rate rise by the US Federal Reserve

and the turmoil of the situation in Europe, the economic outlook of Hong Kong

is expected to be challenging in 2017. Potentially more worrying will be the

unpredictability of the Trump Administration posing tremendous risk to the

global economic conditions. While 2016 was full of surprises, 2017 would be

a year of uncertainties. Though the Group could not be exempted from such

tough operating environment, we are cautiously optimistic with the Group’s

business outlook in 2017 for the reasons explained below.

Though very much depending on Hong Kong’s external trade, the overall

GETS market has always proved to be rather robust and resilient from our

past experience. Given a stable market landscape with no major competitive

threats in the run up to the end of the current GETS licence by 2018 and our

service reliability and quality widely recognized in the market and appreciated

by our customers, we have been able to continue upholding our dominant

market share with competitive price to our customers in recent years. Barring

any catastrophe devastating the Hong Kong trading environment, we are

reasonably confident with the outlook of our GETS business in 2017. We

expect to continue an overall stable GETS business in 2017.

As regards Government’s Trade Single Window (“SW”) which would take

over GETS earliest by 2024, we would continue to keep a close eye on

Government’s plan on its implementation. As Government has indicated

their plan to continue the GETS model from 2019 to 2024 with possibly two-

years extension, we expect the tender for the new GETS licence to be issued

some time in 2017. We would submit our proposal to the Government for the

new GETS licence same as the past two tendering exercises where we were

successfully awarded the licences. While we believe the mid to long term

future of our GETS business up to 2024 and possibly to 2026 should be very

secure, we would go all out to prepare for the challenges and opportunities that

the future SW implementation might bring to us beyond 2024/26 when more

concrete SW implementation details are announced by the Government.

展望

展望未來,受到中國增長持續放緩、聯儲局更進取加息及歐

洲危機等外部因素影響,預期香港經濟於二零一七年將備受

考驗。可能令人更擔憂的是,特朗普政府管治難以預測,或

將對環球經濟環境造成重大威脅。當二零一六年充斥著意

外,二零一七年則滿載著不明朗因素。雖然本集團不能避免

這嚴峻的營商環境,基於以下的原因,我們仍對本集團二零

一七年業務展望審慎樂觀。

從我們過往經驗可見,儘管整體

GETS

市場非常依賴香港外

貿情況,該市場實際上往往仍能保持穩健並展現其抗逆力。

在現有

GETS

牌照二零一八年屆滿前,市場環境於沒有重大

競爭威脅下會維持穩定,而我們之可靠優質服務備受市場肯

定及客戶推崇,因此我們近年一直能以具競爭力價格向客戶

提供服務,使我們繼續保持市場主要份額。除非有任何災難

重創香港貿易環境,我們有相當信心,二零一七年

GETS

務前景樂觀。我們預期,整體

GETS

業務於二零一七年繼續

保持平穩。

政府發展貿易單一窗口(「單一窗口」)最早於二零二四年取代

GETS

,我們會密切留意政府之實施計劃。由於政府已表明

計劃於二零一九年至二零二四年間繼續沿用

GETS

模式,並

可能延期兩年,我們預期新

GETS

牌照將於二零一七年內進

行招標。我們將如過去兩次成功獲得牌照一般,就新

GETS

牌照向政府提交標書。一方面我們確信,在未來中長期可以

繼續營運

GETS

業務至二零二四年,甚至二零二六年,另一

方面當政府有更多關於實施單一窗口具體細節公佈時,我們

將傾全力準備應付二零二四年╱二零二六年後因未來實行單

一窗口可能帶來之挑戰及機會。