11
-
IMMIGRANT VISA RECIPIENTS TO DELAY DECISIONS ON LEAVING HONG
KONG UNTIL AS LATE AS 2002. THESE PROVISIONS HAVE STARTED TO
MAKE A SMALL BUT NOTICEABLE CONTRIBUTION TO GIVING TALENTED
HONG KONG RESIDENTS THE CONFIDENCE TO STAY IN THE TERRITORY.
MANY OF HONG KONG'S TALENTED RESIDENTS HAVE BEEN EDUCATED
TWELVE IN THE UNITED STATES, MORE THAN 55,000 IN FACT. THOUSAND HONG KONG RESIDENTS ARE CURRENTLY ENROLLED IN AMERICAN
UNIVERSITIES. IN RECOGNITION OF THESE INCREASING CULTURAL TIES, THE U.S. INFORMATION AGENCY IS HELPING ESTABLISH A CENTER
FOR HONG KONG-U.S. EDUCATIONAL EXCHANGES AT THE CHINESE. UNIVERSITY OF HONG KONG. WE ARE ALSO WORKING HARD TO ESTABLISH A FULBRIGHT PROGRAM FOR HONG KONG RESIDENTS TO COME TO THE U.S.
FOR ACADEMIC STUDIES, AS AMERICANS HAVE GONE TO HONG KONG FOR YEARS. THIS WOULD ADD YET ANOTHER DIMENSION TO THE FLOURISHING
EXISTING NETWORK OF PUBLIC AND PRIVATE EXCHANGES.
THE ADMINISTRATION HAS ALSO REVIEWED U.S. EXPORT CONTROL
REGULATIONS WITH A VIEW TOWARD FACILITATING EXPORT OF HIGH
TECHNOLOGY GOODS TO HONG KONG. OUR DESIRE IS TO MEET THE NEEDS
OF HONG KONG'S INCREASINGLY ADVANCED ECONOMY FOR HIGH
TECHNOLOGY GOODS AND MAKE SURE AMERICAN COMPANIES ARE
COMPETITIVE IN THE HONG KONG MARKET.
ONCE WE HAVE FULFILLED
PROCEDURAL REQUIREMENTS, WE HOPE TO ANNOUNCE NEW REGULATIONS
TAKING POSITIVE STEPS IN THIS AREA.
WE HAVE ALSO BEGUN THE PROCESS OF NEGOTIATING AGREEMENTS
WITH THE HONG KONG GOVERNMENT WHICH WE EXPECT TO EXTEND BEYOND