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in terms of
of industrial support services, although perhaps
inevitably there were also calls for even
Estimates of how much we spend in this
how broadly
annit can't agree ▲
defines assistance one
•
more to be done.
field depend on
for industry, but I
with Mr. Sohmen that over the years we have
done very little.
over
billion a
Last year for example we spent well
dollars, if expenditure by the Industry
Department, the Technical Education and Industrial Training
overseas investment offices, and relevant
Department,
subventions are taken into account.
X.
I would also argue that looking at the amount
of Government money spent in this way only gives part of the picture. Some of what is done is "pump-priming the
Government investment enables a new service to get off
the ground, with a good prospect through charging fees
of becoming self-sufficient after a number of years.
organisations like the Hong Kong Productivity Council,
which receive considerable subventions
in 1986/87 (for example
of
-
Even
-
about $55 million
bout
also cover a substantial proportion
their expenditure from fees (about a quarter in the
case of the Productivity Council).
Si
بھر
with our
That said, I do agree that we have to continue
initiatives
programme of
are needed.
identifying areas where new
Mr. Kim Cham, Mr Jackie Chan, Mr.
/Cheng Hon-kwan
: