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"Most of our significant factories have engineers at the

managerial and policy making level, and I am sure that if Hong Kong is to grow and adapt to the changing world around us, this is essential.

"We have been adapting for a quarter of a century and continue

to adapt we must. None know better than ourselves the extemal pressures to which our industry must respond, pressures often originating thousands

of miles away.

"The new modemisation programmes in China must have significance

for Hong Kong. Clearly they are welcome to the people of Hong Kong and our attitude to them in principle is totally positive, and many Hong Kong

businessmen are already seeking to participate.

"The greater prosperity and productivity of China can only

benefit the entire West Pacific region, and give its economic growth yet further impetus. And in the centre of this lies Hong Kong with the many

special facilities it has to offer; so I am sure that Hong Kong has a

part to play in the modemisation programme.

"Exactly what it is will emerge as the plans take shape. But

I think as the programme gathers momentum one of its effects may be to exert upward pressure on the sophistication and technological content of

our production..

"There is nothing new about such pressure, it has been exerted on us from so many quarters for many years and we have always managed to

respond..

"But this brings me back to engineers, because in this process of development, the part of our engineers and of all disciplines of engineering will be vital; so will the part of the institutions that train them. So the responsibility of the profession will be great.

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