scale, sphere, environment and conditions for research work. It should be a worthwhile subject for further studies as regards how Hong Kong and China should mutually utilize the intelligence resource and technological capability of the other party and how they should promote co-operation between themselves. I personally believe that the following can be

done as a start :

(1)

The Industry Department can liaise, through proper channels, with major technological

research institutions in China in order to

understand whether the areas covered by

their researches are applicable to our

industry. The authority should also, after

having built up the liaison network,

consider forming delegations consisting of

interested manufactuers so that they can

conduct feasibility studies on the spot to

decide if the new technologies can be

applied to Hong Kong industry.

(2) The Industry Department should give

positive guidance and support to

Chinese-funded enterprises, particularly

those in co-operation with our

manufacturers in technological research

work and make use of our satisfactory

infrastructure, communication facilities

and export market network. Hong Kong can

at the same time act as the base for

Sino-Hong Kong joint venture projects in

introducing foreign advanced technology. Hong Kong is well poised in providing more modern and efficient managerial experience

and these conditions can make Sino-Hong

Kong industrial co-operation become a

worthwhile new course of development. The

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