Hong Kong Young Industrialists Council (YIC) was established in 1989, and officially registered in 1992. Most of the members are the awardees of the annual "Young Industrialist Awards of Hong Kong" organized by the Federation of Hong Kong Industries, scrutinized and conferred by the judging panel consisting of senior government officials, experienced industrialists and leading academics.
YIC members are stereotyped by the following characteristics:
(1) They are young, of age average 55 or below.
(2) They are experienced entrepreneurs with economic strength.
(3) They are leaders of different trade and industrial organizations.
(4) They are to promote the well-being of Hong Kong and mainland China.
Since its foundation, YIC has been working hard to contribute to the industrial, economic growth and prosperity of Hong Kong and mainland China. YIC has been promoting economic co-operation and business opportunities between mainland China and foreign countries. Besides, YIC has initiated idea exchange between Hong Kong industrialists and government officials, as well as leaders of social organizations through organizing seminars and conferences periodically. In order to incline the quality of manpower, YIC has launched a series of training courses to nurture professionals. In addition, YIC has showed its concerns on social issues by actively participating in a number of social activities and charity in both Hong Kong and China.
All YIC members are strongly investing in China, namely electronics, electrical appliances, machinery, plastics, metal, textiles, clothing, jewelry, watches, glasses, toys, food, information technologies, etc. YIC members' companies currently employ more than 1million workforce in Hong Kong and all over mainland China. The annual sales turnover amounts to HK$150 billion.
The effort and contribution of YIC have been recognized and highly appreciated by the public and the government. It could be discerned from the fact that many YIC members have been conferred with honours by government on different levels in Hong Kong and mainland China. Some members have also been appointed to the key positions in political arena. The public recognition has in turn served to inspire and motivate the members dedicating to the commitment towards Hong Kong's future.
The new millennium will be marked by high-tech development. The growth of high value-added industries needs to be fostered to boost the economy. YIC will continue to associate local young industrialists for contributing to the long-term prosperity and stability of Hong Kong.
