WEDNESDAY, MARCH 26, 1986
15
COMMENTING ON A PERCEPTIBLE INCREASE IN CONSTRUCTION
ACTIVITY IN 1986-87 MENTIONED BY THE FINANCIAL SECRETARY, MR CHENG SAID HE AGREED THAT NEW PROJECTS SUCH AS THE ADDITIONAL CONTAINER TERMINALS, THE EASTERN HARBOUR CROSSING, THE ROUTE 5 HIGHWAY AND THE TUEN MUN LIGHT RAIL TRANSIT SYSTEM DID GIVE SOME PROMISE OF A NEW IMPETUS IN THE INDUSTRY,
HOWEVER, HE BELIEVED THAT QUANTITATIVE GROWTH, JUST LIKE QUANTITATIVE COMPLIANCE WITH TECHNICAL REQUIREMENTS, WAS NOT ENOUGH ON ITS OWN.
+FOR GROWTH TO BE REAL, THERE HAS TO BE IMPROVED QUALITY TO MAKE IT SO.
+QUALITY IS PARAMOUNT; AND IT FOLLOWS THAT A REAL EFFORT TO IMPROVE OUR TRAINING RESOURCES AND METHODS IS VITALLY NECESSARY, PARTICULARLY DURING THE PROCESS OF LOCALISATION, HE SAID.
+
MR CHENG SAID TRAINING MUST COVER ALL SECTORS OF INDUSTRY AND GOVERNMENT, AND AT ALL LEVELS AND THE AIM MUST BE TO FILL ALL RANKS WITH ELITE WORKERS WHO WERE ENCOURAGED TO WORK SKILFULLY, CREATIVELY AND EFFICIENTLY.
+MOST IMPORTANT, WORK ASSIGNMENTS AND POSTINGS SHOULD BE THOUGHTFULLY MANAGED, SO AS TO FOSTER THE EXPERIENCE AND EXPERTISE THAT TRANSLATE TRAINING INTO REAL PRODUCTIVITY, HE SAID.
RESEARCH ON LOW ECONOMIC GROWTH RATE NECESSARY
*****
THE GOVERNMENT SHOULD, IN THE YEARS TO COME, CONDUCT ANALYSIS AND STUDIES INTO THE REASONS FOR THE LOW GROWTH RATE OF THE ECONOMY AND WORK OUT CORRESPONDING MEASURES TO MAINTAIN ECONOMIC DEVELOPMENT, THE HON LAU WONG-FAT SAID TODAY (WEDNESDAY).
SPEAKING DURING THE BUDGET DEBATE IN THE LEGISLATIVE COUNCIL, MR LAU SAID THE INVESTMENT DESIRE AND CONFIDENCE OF INVESTORS SHOULD BE ENHANCED AT THE SAME TIME.
+THE ENTREPRENEURS SHOULD BE ENCOURAGED TO MAKE IMPROVEMENTS TO THEIR OLD FACTORIES AND PLANTS AND ALSO TO BRING IN NEW TECHNOLOGIES.
+THE GOVERNMENT SHOULD ALSO REVIEW ITS TAXATION SYSTEM AS WELL AS OTHER ECONOMIC AND LABOUR POLICIES WITH A VIEW TO
INDIRECTLY ASSISTING IN THE DEVELOPMENT AND COMPETITIVENESS OF LOCAL INDUSTRY, MR LAU SAID.
IT WAS HOPED, HE ADDED
THAT THE CURRENT ADVERSE SITUATION OF ECONOMIC LOW GROWTH COULD BE BROUGHT AROUND.
/NOTING THAT
+