WEDNESDAY, NOVEMBER 27, 1985
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+OUR AIM IS TO MAKE THEM HOLD CONFIDENCE IN HONG KONG, UNDERSTAND OUR CURRENT SITUATION, AND REALISE THAT HONG KONG WILL, AS IT IS DOING NOW, CONTRIBUTE TO CHINA WHEN IT BECOMES A SPÉCIAL ADMINISTRATIVE REGION IN 12 YEARS TIME, HE SAID.
MEANWHILE, HE REMINDED THE PEOPLE OF HONG KONG THAT THERE HAD BEEN A CLOSE LINK OF MORE THAN 100 YEARS BETWEEN BRITAIN AND HONG KONG AND BRITAIN WOULD STILL BE RESPONSIBLE FOR HONG KONG'S ADMINISTRATION IN THE COMING 12 YEARS.
+WE THEREFORE CANNOT NEGLECT THE IMPORTANCE OF THIS RELATIONSH AND WE MUST ADOPT VARIOUS MEASURES TO ENCOURAGE BRITISH ENTREPRENEUR. TO MAINTAIN A HIGH LEVEL OF INTEREST IN HONG KONG'S ECONOMIC ACTIVITIES,+ HE SAID.
TURNING THEN TO THE SUBJECT OF MANUFACTURING INDUSTRY,
MR WONG SAID IT WOULD CONTINUE TO BE AN IMPORTANT PILLAR IN HONG KONG'S ECONOMY AND CALLED FOR ADJUSTMENTS IN CERTAIN AREAS TC COPE ITH THE UPSURGE OF PROTECTIONISM AND STRONG COMPETITION.
FIRSTLY, HE SAID WE MUST DEVELOP OUR ABILITY IN PRODUCT DESIGNING WHICH STILL REMAINED AT A FAIRLY LOW LEVEL.
+1 THINK THAT BOTH THE PUBLIC AND PRIVATE SECTORS MUST FE FAR SIGHTED BY ACTIVELY MAKING INVESTMENTS IN THIS RESPECT AND ARRANGING FOR THE TRAINING OF PEOPLE IN THIS AREA.
+THE GOVERNMENT SHOULD SET UP SUCH COURSES IN THE POLYTECHNIC AS WELL AS IN TECHNICAL INSTITUTES, AND THE PRIVATE SECTOR SHOULD DEVOTE MORE RESOURCES TO THE DEVELOPMENT OF LOCAL PRODUCTS,+ HE SAID.
MR WONG ALSO FELT THAT WE SHOULD PROVIDE MORE GUIDANCE TO ATTRACT FOREIGN INVESTMENTS IN OUR INDUSTRIES.
HE SAID HE WAS PLEASED WITH THE GOVERNMENT'S EFFORTS IN SETTING UP OVERSEAS OFFICES TO PROVIDE ASSISTANCE AND INFORMATION TO POTENTIAL INVESTORS ABROAD.
HOWEVER HE SAID, THE GOVERNMENT SHOULD TRY TO EMPLOY SOME INTERNATIONALLY RENOWNED INVESTMENT PLANNING ORGANISATIONS TO COME TO HONG KONG AND CONDUCT AN IN-DEPTH AND OBJECTIVE SURVEY ON HONG KONG'S INDUSTRIAL FOUNDATION AND RESOURCES TOGETHER WITH ITS SPECIAL CHARACTERISTICS, MANPOWER, TECHNOLOGY AND INDUSTRIAL ENVIRONMENTS.
MR WONG SAID IT WOULD BE NECESSARY TO REVIEW THE GOVERNMENT'S LONG ADOPTED NON-INTERVENTION POLICY IN VIEW OF THE UPSURGE OF INTERNATIONAL PROTECTIONISM AND THE VARIOUS FACTORS AFFECTING HONG KONG CURRENTLY.
WHILE SUPPORTING THE GOVERNMENT'S STATED INTENTION TO PROCE—. WITH THE ESTABLISHMENT OF THE THIRD UNIVERSITY, HE PROPOSED THAT THE GOVERNMENT SHOULD STUDY THE FEASIBILITY OF EXPANDING THE BAPTIST COLLEGE INTO A UNIVERSITY.
+ IF WE MAKE USE OF THIS COLLEGE AS A BASE TO DEVELOP THE THIRD UNIVERSITY OF HONG KONG, IT IS MOST WORTHWHILE BOTH IN TERMS OF TIME AND RESOURCES, HE SAID.
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