At the same time, the drafting of a Bill of Rights and the adjustment of the Basic Law and treaty provisions to provide protection and confidence should receive no less attention.

Specific Measures

The focus on increasing international interest in Hong Kong

should be considerably more ambitious than merely preserving the pre-June 1989 status quo. Hong Kong already suffers from some

deficiencies as an international business centre and fundamental

improvements are required. Measure that are needed for Hong Kong to become the primary regional international city include:

*

Infrastructure: in order to carry on existing business

effectively, and attract foreign business, greater

attention should be paid to the many requirements of an

efficient infrastructure, including: communications,

transport, utilities and pollution control; as well as

continued investment by the Administration encouragement of private investment in major projects such as housing programmes and the airport development.

-

and the

Trade, investment and finance: efforts to improve the

environment in which these operate should continue,

with a sensible balance between regulation and traditional laissez-faire; speedier decision-making by

the Administration is essential. In the financial

services sector, over-regulation should be avoided.

* Education and language: it is important that

international standards of education should be

attained; an excellent contribution will be made by the

University of Science and Technology, provided it can

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