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not lightly change any policy if the results might prejudice free enterprise,
free trade and free competition.
We believe that Hong Kong provides conditions which offer very attractive terms to investors and will enable them to manage industries which remain competitive and viable in all conditions. In particular, the Government is determined to maintain our low tax structure and our free port benefits. We will continue to allow funds to be imported and remitted freely. And we
will continue to welcome enterprising men from overseas who wish to establish wholly-owned subsidiaries, joint ventures or locally controlled corporations.
Perhaps I should make it clear that our disinclination to interfere with the conduct of business does not mean that we are unwilling to help. We shall continue to develop technical education, industrial training, and those other services on which industry relies, if it is to improve its productivity and performance, In the future, as in the past, changes which are made to our industrial policies will be aimed at assisting industry and not at mestricting
it.
I have no doubt Mr. Evinrude that your executives will maintain the
close and friendly relationships which you have already established with the
Government, and particularly with the Commerce and Industry Department. We
are always ready to provide to industry whatever assistance is within our
power. And when you do not need our help we will leave you alone to get on with the business of making marine engines, to our mutual advantage.
Your company is a welcome member of our cosmopolitan community. We
will do our best to provide you with the skilled labour and services which
you require. We shall continue to improve internal communications, technical education and the total environment within which you, and the rest of Hong
Kong industry, can operate to the maximum effectiveness. Within such an
environment, I am sure that Evinrude and Johnson outboard engines will be
produced profitably, and at the same high level of quality which has made
them famous throughout the world.
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