1998-10-31 23:23 G.L.S
5
to assist
P.OR
we
provide a host of services to
improve productivity and adopt useful
manufacturers to
technologies.
Intensive planning is now under way for the
the Industrial
Technology Centre, which will encourage technological
innovation. And our inward investment programme seeks to upgrade Hong Kong's manufacturing capability through technology transfer.
11.
This approach has served Hong Kong well. The all too common perception that Hong Kong is "lagging behind" its neighbouring economies does not stand up to close inspection. Look at overall prosperity: our per capita GDP is the highest in Asia outside Japan. Look at technology: many Hong Kong companies can and do exploit state of the technology. Look at investment: whether in
financial services, real estate
art
manufacturing,
retailing, investment is continuing to flow into Hong Kong from a wide range of sources.
1.2.
Nevertheless,
I
do pay heed to what some Members have said in this debate in relation to upgrading our industry and our approach to technology. While I believe
that our approach is fundamentally on the right lines, I
would stress that the Administration is in no way
complacent. We recognise that we must be responsive to industry's changing needs. We do keep our industrial support policies and activities under constant review, and