22

17.

In addition, Hong Kong plays a vital role as a

Last gateway between China and the rest of the world.

year 670,000 overseas visitors to China travelled through Hong Kong. Travel between Hong Kong and the Mainland has facilities at the recently been made easier by better

border and simplified immigration procedures. improvements are being planned.

Further

(3)

ECONOMIC AND FINANCIAL SITUATION

18.

(a) State of the Economy and prospects

Within this territory, a sound, healthy,

is

foundation the essential

on which economy

all Our

other endeavours and achievements must be based. We must continue to develop an environment within which business will flourish. From this, and only from this, will flow the creation of wealth which brings higher standards of

living

the which gives Government people and ability to fund social programmes to meet the growing expectations of our community. We are fortunate that

these fundamental truths are well

in understood

to our

Hong

Kong

it :

to approach

is one of our greatest strengths.

economic and social reality forms

This

the

backbone of all our policy making.

/19. So far

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