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Wednesday, March 13, 1974

DC & I NEEDS UPGRADING SAYS MR. Q.W. LEE

The Hon. Lee Quo-wei today called for greater government involvement

to assist in the further growth of Hong Kong's economy.

To this end he suggested that the Department of Commerce and

Industry, which has been playing a vital role in protecting our access to

world markets and industrial output, be strengthened.

He said it was time to look into its staff resources, especially

at the senior level, to meet successfully the many tasks and challenges in

the years ahead.

:

Mr. Lee believed that the post of the head of the Commerce and

Industry Department should be upgraded to Secretary level, in line with his

counterparts in other countries whose economy depended so heavily on external

trade and industry like Hong Kong.

On the long term planning of social and economic development, Mr.

Lee said: "Our problem should best be tackled by an outward looking expansionist

economic policy supported by a much increased government effort and involvement.

"This should be in concert with the best brains available in the

private sector, channelled into a system of consultation, advice and action."

He recalled that for many years the Hon. Wilfred Wong had proposed

some kind of a mechanism whereby economic planning could be studied and

discussed for recommendation to the government.

In the present circumstances, he said, the government should at

least take a new look at this matter.

/Turning to

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