-the work that remains to be done between now and 1997;

the ambitious plans we have for the further improvement of this Territory;

-the picture of the Hong Kong, created by this community's own

endeavours, which I will leave in 1997.

150. Just let me select a few examples of the results which will be produced by the programmes I have outlined to you this afternoon. On present indications, by 1997:

-our GDP per head will have reached US$30,500, comparable to Italian and Dutch national income levels today, and within 12 percent of France;

the value of our total foreign trade will be US$548 billion, equivalent to the total external trade of France today, and substantially more than that of Italy and the Netherlands;

---we will be spending at today's prices $22 billion a year educating our children, $9.4 billion a year helping the deprived, disabled and disadvantaged, $15.3 billion a year promoting our health and treating disease, and $1.4 billion a year protecting the environment;

-we should if the will is there have constructed Asia's most modern airport, with a capacity on opening of 35 million passengers a year and the potential for expansion to a capacity of 87 million passengers a year; and

we will have one of the world's largest container ports, with a capacity of 9.2 million containers.

151. We shall be a community in which:

-almost 6 out of 10 families own their own homes;

-almost one in five of those aged 17 to 20 will be studying for

degrees.

152. This is what stability and prosperity are all about in practical terms. This is what the Hong Kong way of life is capable of delivering, given mutual trust and co-operation from all the parties concerned. We all recognise the troubled legacy of history. We must move beyond the misunderstandings inherited from the past. My goal in Peking will be to push forward the process of trust. This relationship must be based on frank discussions of mutual difficulties in order to achieve solutions

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