related question of

question of a third

industrial

estate. I would

XC also

to like

assure

Mr

deliberations

we

do

not

Ngai Shiu-kit

sight lose

that in such

the of

needs and

interests

of

small companies;

they

are a

vital part

of

K our industrial sector,

u.

and and the pilot Industrial Extension

Service being run by the Industry Department has potential

significance for them.

Trade

بھر

On

the

se

trade front,

Peter Poon, Ma Kim Cham and Mr Ch

I entirely agree

with Mr,

continue

to do

all

we

the counter to can

Chan Kam-chuen that we must

of.

threat

protectionism

and to

Our safeguard

trading interests.

I will just mention two encouraging trends.

ส.

The

first is that recently there are signs that

uncomfortable over-dependence

Our

market is reducing somewhat.

on

the United

States

It remains to be seen whether

this will be a long term trend, but the proportion of our

the USA has declined from

from 44

domestic exports going to

in the first half of 1987.

And domestic

in 1985 to 38 in the exports to Japan increased by 39 in 1986, and by 71 in

the

first

half of

of 1987, although this

only 5 of our total domestic exports.

سلام

per cent

pencer

pea ce

still represented

per cent

/10

M

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