THURSDAY, DECEMBER 12, 1985
JI PENGFEI ATTENDS TDC DINNER
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CHINA'S STATE COUNCILLOR AND DIRECTOR OF THE HONG KONG AND
WAS MACAU AFFAIRS OFFICE OF THE STATE COUNCIL, MR JI PENGFE!, GUEST TONIGHT AT A DINNER ORGANISED BY THE HONG KONG TRADE DEVELOPMENT COUNCIL TO ENABLE MEMBERS OF THE TDC'S INDUSTRY ADVISORY COMMITTEES TO MEET HIM.
SPEAKING IN PUTONGHUA AT THE DINNER, THE TDC'S CHAIRMAN, MISS LYDIA DUNN POINTED OUT THAT MANUFACTURING AND THE EXPORT TRADE WERE THE TWIN PILLARS OF HONG KONG'S ECONOMY.
T
+TOTAL EXPORT VOLUME EACH YEAR AMOUNTS TO SOME 55 PER CENT OF THE GROSS DOMESTIC PRODUCT, WHILE OVERALL EMPLOYMENT IN THE MANUFACTURING SECTOR ACCOUNTS FOR 40 PER CENT OF THE ENTIRE WORK FORCE.
+HONG KONG PRODUCTS ENJOY A HIGH INTERNATIONAL REPUTATION AND THE TERRITORY'S EXPORT VOLUME FOR GARMENTS, TOYS AND WATCHES AND CLOCKS IS THE HIGHEST IN THE WORLD,+ SHE SAID.
MISS DUNN STRESSED THAT DESPITE THESE ACHIEVEMENTS, THERE WAS NO PLACE FOR COMPLACENCY.
+RISING PROTECTIONISM, COMPETITION IN INTERNATIONAL TRADE AND THE SLOWDOWN OF ECONOMIC GROWTH IN OUR MAJOR MARKETS IN RECENT YEARS HAVE POSED CONSIDERABLE PROBLEMS FOR HONG KONG'S EXPORT TRADE.
+UNDER THESE CIRCUMSTANCES, IT IS IMPORTANT THAT THE TRADE DEVELOPMENT COUNCIL STEPS UP ITS PROMOTIONAL ACTIVITIES WORLDWIDE.
+THIS WILL CREATE AND MAINTAIN A FAVOURABLE INTERNATIONAL CLIMATE TO FACILITATE THE TRADING ACTIVITIES OF HONG KONG MANUFACTURERS, THEREBY ENABLING THEM TO MAKE A FURTHER CONTRIBUTION TO HONG KONG'S PROSPERITY AND STABILITY, SHE SAID.
ALSO SPEAKING IN PUTONGHUA AT THE DINNER, MR JI SAID HE WAS PLEASED TO BE ABLE TO MEET SO MANY FRIENDS FROM HONG KONG'S FINANCIAL, INDUSTRIAL AND TRADE SECTORS.
HE SAID FOR MANY YEARS, THE TRADE DEVELOPMENT COUNCIL HAD ORGANISED MANY ACTIVITIES AND HAD DONE MUCH TO EXPAND HONG KONG'S EXPORT TRADE AND ECONOMIC DEVELOPMENT, AND WISHED THE TDC WOULD MEET WITH EVEN GREATER SUCCESS IN PROMOTING HK'S EXPORT TRADE.
MR JI SAID SINCE THE SIGNING OF THE JOINT DECLARATION A YEAR AGO, CONDITIONS IN HONG KONG HAVE BEEN FAVOURABLE.
+LOOKING AHEAD, WE ARE FULLY CONFIDENT IN THE FUTURE OF HONG KONG,✦ HE SAID.
HE POINTED OUT THAT MAINTAINING HONG KONG'S STABILITY AND PROSPERITY HAD BEEN THE COMMON WISH OF PEOPLE FROM ALL SECTORS IN HONG KONG AND THIS HAD ALSO BEEN CHINA'S BASIC POLICY.
THE CHINESE