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There are
In so far as the manufacturing sector is concerned, anyone who
has had experience of introducing new technology would
recognise that success is neither easy nor simple.
numerous bugs and teething problems that need to be ironed out
before the technology so transferred can be fully assimulated.
Given the wide experience we have gained through our continued
interface with the western trading community, our efficient
communication system with the rest of the world, and the
increasing ability of our tertiary institutions to produce
graduates who are better placed to handle more technologically advanced production and managerial processes, Hong Kong must be
better placed than anywhere else in China as a base to effect
technology transfer.
Nevertheless, China needs to be advised not to lose
sight of the many advantages Hong Kong offers. They must be persuaded to recognise and utilize Hong Kong more as a base to
facilitate technology transfers. Hong Kong Government must start forging closer links with the Central Government in China so as to identify areas where closer co-operation will bring
mutual economic benefits to both communities. For example, if
China were to embark on establishing a meaningful import
substitution programme of manufactured goods, she should be persuaded to consider putting up the first plant of such a programme in Hong Kong. Such a course of action will be on the one hand beneficial to China because effecting technology
transfer through Hong Kong will most likely be more efficient and more cost-effective whilst, on the other hand, Hong Kong