14. In your speech you touched on wide issues: the

fundamental changes that have occurred in Hong Kong; the

Government's policies over the last 10 years; and to some

i

extent our future.

15.

;

So far as the Government's contribution to these

changes is concerned, it would be wrong to personalise.

Policies and changes rarely, if ever, spring ready made

from a single person. In this Government, they evolve,

just as they are implemented, through a process of

cooperative effort in which the Civil Service, Unofficials

and organisations such as this Chamber and of course the

public and media all contribute.

16. But during the last 10 years, building on the

extraordinary achievement of the previous 2 decades, Hong

Kong has evolved at extraordinary speed to a point at which

its industrial, commercial, financial and communications

capabilities have not only nearly trebled the wealth of

its inhabitants, but have an impact and a potential which

is literally world wide. This has brought a new dimension

to the Government's responsibilities.

17.

In a speech to LegCo over 5 years ago I defined

our aims as follows:

It is your Government's aim to build into our

society a balance. On the one hand there must be

reasonable freedom and opportunity to acquire wealth

and increase incomes at all levels to a comparatively

greater extent than in other communities, and this

is because of our need to retain and increase invest-

ment and employ our population. On the other hand

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