CONFIDENTIAL
4
機密
(14)
Recently
the property market
31
32).
in Guangdong
has
attracted an increasing number of Hong Kong investors
(paragraphs
and
Meanwhile, the
well-established PRC-interest companies in Hong Kong
have staged an all-round recovery in their activities
since the beginning of 1991. In particular, they are
keen to participate in the development of major
infrastructural projects in Hong Kong (paragraphs 33
to 35).
(15) The
(16)
(17)
that
with
Kong
of
long-term development strategy of China remains
implementing domestic economic reforms along
opening up to the outside world. As far as Hong
is concerned, it is important that China keeps
up with its reform policies and maintains a
continuous and steady economic growth (paragraph 36).
Trade sanctions by the United States on China, if
applied, would inevitably affect the Hong Kong
economy (paragraph 37).
The year-on-year rate of increase in the retail
prices of goods from China rose further in the third
quarter of 1991, partly because of a temporary
upsurge in the retail prices of certain essential
foodstuffs from China in the months of July and
August. This has fed into Hong Kong's inflation in
the third quarter (paragraph 38).
GF 323
CONFIDENTIAL
機密