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50
years
Region of
restore the
after Hong Kong becomes a Special Administrative
the People's Republic of China in 1997, did much to
confidence of the people of Hong Kong, who for the
years had felt uncertainty and anxiety about what the
store. Following the announcement of the agreement
previous two
future held
in
the future looked much more assured.
54.
It remains the policy of Her Majesty's Government to maintain
confidence in Hong Kong and
and to promote its
its stability and prosperity.
So far as
the development of representative government is concerned,
following the recent changes in the composition of the Legislative
Council, the coming year will be a period of consolidation
reforms
already been carried
than of new initiatives. On the
front, the outlook
notwithstanding the possibility that the growth rate
which
satisfactory,
have
econom
ic
of the
ou t
rather
is
of demand for domestic exports in Hong Kong's main export markets
will be low; employment is expected to remain stable and the rate of
inflation low; the recovery of the property market is likely to
continue; and the prospects for a return to a balanced budget in
1986-87 are good. The Sino-British Joint Liaison Group and Land
Commission have got off to good starts.
55.
Her Majesty's Government remain committed to the territory of
Hong Kong and to its people. They will continue to fulfil their responsibilities for Hong Kong's sound administration
after Hong Kong's interests internationally.
ensure
the
smooth implementation of
preserve economic
Declaration, and to
stability.
and to look
The y will work to
the Sino-British
prosperity and
Joint
social
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