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Wednesday, October 18, 1972
In planning for Hong Kong's development over the next decade,
the Governor said "let us set ourselves targets which we think right
and which we can justify and let us plan for these, but at the same time,
it would be wrong to get irrevocably locked into them however desirable
they may be."
He explained this is because in the final analysis, Hong
Kong's competitive position in export markets, and the rate of investment
in the Colony's industries must always have priority. It is on these
that all else depends, he added.
A?