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the prospective of the world
First of all, fron
economy,
the
development of
regionalisation
conglomeration
and
are world economical trends in the 90s. It
is highly probable
that this will lead to more intense
competition in the international market, which may in turn
give rise to the emergence of protectionism.
the advance
co-ordination
However, with
in technology and the strengthening of
Hence there are still
among western countries, their economies will
continue to
will grow slowly and
still be demanding
products from outside markets.
prospects for growth in trade between Hong Kong and western
countries, particularly with respect to European countries
because of the unification of Germany. There are even
greater potentials for trade development between Hong Kong
Asian-Pacific Region, the economies of which have
and the
achieved sustained growth.
Secondly, from the perspective of mainland China.
According to the 8th 5-Year Plan and 10-Year Planning
Programme, the national economy of China will continue to
develop steadily and in a co-ordinated manner, with an
average annual growth rate of 6%. During the course of
implementing the 8th 5-Year Plan, China will continue to
open
further to the outside. Apart from adopting effective
measures to continue to develop the Special Economic Zones,
China will also enhance the degree of openness of coastal
cities and economic development regions, and endeavour
to build up the Pudong area in Shanghai.
open
All these