153
measures
will
create very
favourable
conditions for the
development
of
China and
the strengthening
of China-HK
trade and economic ties.
Thirdly from the
Kong has developed from a
prospective of Hong Kong. Hong
unidimensional entrepot to an
important financial, trading and shipping centre in the
Asian-Pacific Region after four decades of development.
Notwithstanding, the continuing challenges posed by
neighbouring countries in recent years, Hong Kong with her "privileged geographical position of being adjacent to the
Chinese hinterland and well-developed service facilities,
will continue to maintain her position. Being faced with
the difficult situations of inflation, the shortage of
labour and structural changes in industries, it is only
natural that Hong Kong will develop even closer economic
co-operation with
with China so that both sides can bring their
respective competitive edge into full play and complement
each other.
In
is stable;
addition,
if
the policies of
the political situation in China
opening up, 'one country two
systems' and 'Hong Kong people ruling Hong Kong' remain
unchanged; and that both China and Britain strictly adhere
to the spirit of the Joint Declaration in order to ensure
to 1997, then smooth development of Hong
smooth
transition
Kong's economy and
political guarantee.
China-HK trade ties
be will
given