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5

67

8

9

10

11

12

13

15

16

17

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19

21

22

2002 2 2 2 2 2 2 2

23

24

25

26

27

28

NP

$29

30

31

32

33

34

35

36

the

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on the understanding that there should be a balanced reduction in the standard rates of taxation for personal and corporate taxes. A potentially serious problem facing the tourist industry is a shortage of seats, not only out of but especially into and through This could be the single Hong Kong by air. biggest disincentive to the growth of the tourist industry, and Government should urgently study what can be done to relieve the situation before it escalates to crisis proportions. Otherwise, before we know it we could be loĝsing by default valuable tourist

asian neighbours. A further boost could be given

business to some of our south east asian

They

to our tourist industry through more sponsor- ship by international companies with offices or close connections with Hong Kong, of major cultural, entertainment and sports events. This is already happening to some extent and

These international I hope more can be done. companies could provide more advertising and promotional exposure of Hong Kong as an inter- national city of trade, finance, shopping, good food, culture and entertainment. will help us to attract more high quality and high spending tourists travelling in the in competition with many other attractive destinations in the region. Other activities related to the tourist industry which could do with closer co-ordination are territory- wide promotion of traditional Chinese culture and festivals, upgrading and the maintenance of Chinese temples, encouraging taxi drivers to speak at least one foreign. language, such as English or Japanese eten

so

on.

asia,

and

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