3

}

can never be any meaningful guarantee for continued success,

and certainly there are dark clouds looming ahead.

Indeed, in

order to achieve our objectives, it will most certainly require patience and conscious cooperation between different sectors of

It is the community, acting upon a set of rational policies. with this in mind that I make the following observations for

further consideration.

First, I propose that the Government makes it a point to conduct regular reviews of all the different industries that

collectively make up our manufacturing sector.

Such reviews

should be conducted in periods of three to five years.

They

should be detailed, objective and should cover areas such as performance to-date, future prospects for the next period as

well as identification of problem areas that need to be

addressed. Armed with results from such reviews, I believe the

Government would be in a better position to develop and implement effective policies designed to encourage and to

facilitate further developments of each industry.

Secondly, as Hong Kong progresses economically,

educationally and socially, the quality of our future work force is likely to be better suited for higher technology

industries. Will we have enough job opportunities in those

The answers to areas? If not, what can and what must we do?

these questions will be very significant to the health of our

In a bid to find some answers to economy in the years ahead. the above questions and having briefly analysed the state of

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