Algernon Yau

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Algernon Yau
Yau in 2023
Secretary for Commerce and Economic Development in Hong Kong
Assumed office
1 July 2022
Appointed byJohn Lee
Personal details
Born1959 (age 64–65)
RelativesQiu Fengjia (grandfather)
EducationRoyal Melbourne Institute of Technology University
Algernon Yau Ying-wah
Traditional Chinese丘應樺
Simplified Chinese丘应桦

Algernon Yau Ying-wah JP (Chinese: 丘應樺; born 1959) is the current Secretary for Commerce and Economic Development in Hong Kong, appointed on 1 July 2022 as part of John Lee's administration.[1]

Biography[edit]

Yau is the grandson of late Qing Taiwanese Hakka patriot Qiu Fengjia.[2] Yau studied at the Royal Melbourne Institute of Technology University.[1]

In his professional life, he was CEO of Cathay Dragon, before becoming CEO of Greater Bay Airlines.[1]

On 1 July 2022, he was appointed as the Secretary for Commerce and Economic Development.[1]

In September 2022, Yau said he was confident that the November 2022 Global Financial Leaders' Investment Summit in Hong Kong would be successful; top financial executives who were invited made quarantine-free travel to the city a mandatory precondition.[3]

In December 2022, Yau said the number of international companies in Hong Kong had fallen to below 9,000 for the first time since 2019, with a further 3% surveyed planning to relocate, and another 16% uncertain about their plans.[4]

In September 2023, Yau said that foreign companies that left during COVID-19 "have all returned" to Hong Kong.[5]

In December 2023, Yau appealed to the US government to stop a proposed bill that would strip HKETO offices in the US of special privileges.[6]

National Security Law[edit]

In September 2022, Yau said it was important to tell the Hong Kong story accurately, and said that some news reports were inaccurate on Hong Kong's freedoms after the National Security Law was passed.[3]

COVID-19[edit]

In September 2022, in response to Hong Kong and quarantine-free travel, Yau claimed that the government uses a pragmatic approach and will make a science-based decision.[7]

Made in China[edit]

In December 2022, the WTO had ruled that the United States is in breach of international trade rules by requiring all products made in Hong Kong to be marked as "Made in China". Yau criticised the US ban hours after the WTO ruling, and stated of the US actions that it was "politically motivated and a vain attempt to interfere with Hong Kong's internal affairs through weaponizing trade."[8][9] Yau asserted that Hong Kong sends only a tiny portion of its exports to the US and so "the value of the trade is not the point." He said that the move by the United States had "confused" customers and that his "government's successful challenge to a US ban on the 'Made in Hong Kong' label is a matter of upholding the SAR's separate status in the World Trade Organisation."[10]

Personal life[edit]

In August 2022, he tested positive for COVID-19.[11] In December 2022, a family member tested positive for COVID-19, and Yau underwent home quarantine.[12]

References[edit]

  1. ^ a b c d GovHK (www.gov.hk). "GovHK: Mr Algernon Yau, JP, Secretary for Commerce and Economic Development". www.gov.hk. Retrieved 2022-08-26.
  2. ^ "新班子亮相｜候任商經局局長丘應樺 祖父為清末著名詩人丘逢甲". 頭條日報 Headline Daily (in Chinese). 19 June 2022.
  3. ^ a b "HK financial summit will be successful: Algernon Yau - RTHK". news.rthk.hk. Retrieved 2022-09-10.
  4. ^ "On recovery, John Lee must beware of overpromising and underdelivering". South China Morning Post. 2023-01-14. Retrieved 2023-01-16.
  5. ^ Chan, Irene (2023-09-18). "Foreign capital showing confidence in Hong Kong, commerce chief says, as 272 companies set up in city". Hong Kong Free Press HKFP. Retrieved 2023-09-18.
  6. ^ "Hong Kong minister urges US against stripping trade offices of special privileges". South China Morning Post. 2023-12-02. Retrieved 2023-12-04.
  7. ^ "I'll tell the good stories of HK during visit: Yau - RTHK". news.rthk.hk. Retrieved 2022-09-15.
  8. ^ "Govt welcomes WTO ruling on origin marking dispute - RTHK". news.rthk.hk. Retrieved 2022-12-22.
  9. ^ "Hong Kong officials, exporters urge US to respect WTO 'Made in China' ruling". South China Morning Post. 2022-12-22. Retrieved 2022-12-25.
  10. ^ "'Made in HK' label fight upholds SAR's status: govt - RTHK". news.rthk.hk. Retrieved 2022-12-22.
  11. ^ Standard, The. "Two top govt officials contract Covid-19". The Standard. Retrieved 2022-08-26.
  12. ^ Grundy, Tom (2022-12-08). "Ex-Hong Kong leader CY Leung isolating after contracting Covid-19". Hong Kong Free Press HKFP. Retrieved 2022-12-08.
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