The changing and breakthrough of basic industries
While Hong Kong industries are advancing into a
technology intensive stage, we must first help in making
substantial changes to our basic industrial products and
explore the potentials for development in our major industries
in order to fully use it to bring forth a breakthrough. As
market demand shifts and the taste of consumers changes, we
must find ways to improve our techniques, the quality of our
production facilites and design and quality control of our
products as well as conduct product research and development so
as to maintain the competitiveness of our products in the world
markets. This needs the co-operation of the manufacturing
sector and the Government. The authorities concerned has
employed a consultancy company to examine and make
recommendations on the economic and technical aspects of our
electronic, textile and garments, and plastic industries.
the feasibility of these recommendations have been fully
considered and after their gists have been identified, these
recommendations should be implemented as soon as possible so
to help these industries attain a breakthrough in the
production of new products and the exploration of new markets.
As a part of our industrial policies, I would propose that
reqular reviews be conducted in individual sectors on our
industry.
Relations between Sino-Hong Kong industrial development and
Hong Kong economic growth
When
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China presently adopts an open economic policy and
this provides very favourable terms for co-operation in
technological research and industrial investment between China
and Hong Kong. In the course of developing
technology-intensive industries, Hong Kong will likewise
benefit if it could come into co-operation with China.
have been established in China various technological research
institutions and under the "Four Modernisation" national
policy, she can provide much better terms in respect of the
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