香港總督府
(Confidential)
CONFIDENTIAL
HONG KONG
1st January, 1977.
Sir,
८
ANNUAL REVIEW FOR 1976 HONG KONG
In 1974 economic depression struck;
in 1975 the depression deepened and there was acute
anxiety, but the bottom was reached, hope revived
and by the end of the year progress was resumed;
but in 1976 Hong Kong showed its paces in a
recovery of remarkable speed, whose benefits were
widely distributed. By the end of the year in
terms of employment, disposable real incomes,
confidence, investment and Government programmes,
Hong Kong was back on the course from which it had
been knocked by the world recession. The prospect
is now for continuing though less spectacular growth.
The Government's principal aim is to take the fullest
advantage of this growth to continue the elimination
of the deficiencies which too rapid increase of
population has forced on Hong Kong. External
economic catastrophe excepted this should be
achieved by the early '80s.
THE RIGHT HONOURABLE
-ANTHONY CROSLAND, MP
17380
!