WEDNESDAY, NOVEMBER 26, 1986
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+ IN THE MULTILATERAL TRADE FIELD, WE HAVE EXPANDED OUR REPRESENTATION IN GENEVA AND PLAYED AN ACTIVE PART AS A SEPARATE CONTRACTING PARTY IN THE PREPARATORY PROCESSES FADING TO THE LAUNCHING OF THE URUGUAY ROUND UNDER THE GATT, HE SAID.
-IN THE U.S., WE HAVE ESTABLISHED A NEW OFFICE IN SAN ANTISCO AND STRENGTHENED OUR REPRESENTATION IN WASHINGTON,
CONTRACTS OF THE LOBBYISTS HAVE BEEN EXTENDED AND WE HAVE CENTLY EMPLOYED CONSULTANTS TO REVIEW OUR PUBLIC RELATIONS FFORTS+.
TURNING TO INDUSTRIAL SUPPORT, MR WEBB-JOHNSON SAID THE LOVERNMENT'S INDUSTRIAL POLICIES HAD BEEN COMPREHENSIVELY
VIEWED THIS YEAR BY THE INDUSTRY DEVELOPMENT BOARD AND BY A LEGCO PANEL AND HAD GENERALLY BEEN ENDORSED.
-WITHIN THE WELL-ACCEPTED POLICY OF NOT FRUSTRATING MARKET 4. AND LEAVING INVESTMENT AND OTHER BUSINESS DECISIONS TO
ESSMEN, AND WITHIN OUR RESOURCES, GOVERNMENT WILL TINUE TO IMPROVE ITS VOCATIONAL EDUCATION AND INDUSTRIAL
NING PROGRAMMES; TO MAINTAIN AND IMPROVE OUR CAPITAL TRASTRUCTURE AND TO EXPAND THE EXISTING RANGE OF INDUSTRIAL SUPPORT FACILITIES AND TECHNICAL BACK-UP SERVICES PROVIDED BY THE INDUSTRY DEPARTMENT AND THE HONG KONG PRODUCTIVITY COUNCIL.
MOREOVER, THE APPROPRIATENESS OF INDUSTRIAL POLICIES WAS NO REVIEWED IN TWO OTHER WAYS, HE SAID.
ť.
FIRSTLY WE ARE ENGAGED IN A PROGRAMME OF CONSULTANCY IDIES OF THE MAIN MANUFACTURING INDUSTRIES, WHICH ARE DESIGNED
*DENTIFY THE FACTORS WHICH FOSTER OR CONSTRAIN THEIR GROWTH 17 DETERMINE WHAT MORE NEEDS TO BE DONE.+
+ SECONDLY, A REVIEW IS BEING UNDERTAKEN AS TO THE LEVEL PPORT AND INCENTIVES OFFERED TO INDUSTRIALISTS BY OUR COMPETITORS IN THE REGION.+
ON INDUSTRIAL INVESTMENT PROMOTION, MR WEBB-JOHNSON SAID THE GOVERNMENT SOUGHT TO PURSUE INDUSTRIAL INVESTMENT PROMOTION VIGOROUSLY.
ALTHOUGH JUDGMENTS OF EFFECTIVENESS WERE DIFFICULT TO SUBSTANTIATE, IT WAS BELIEVED THAT THE AIM WAS LARGELY BEING ACHIEVED WITHIN THE RESTRAINTS OF PRESENT RESOURCES.
HE NOTED THAT OVERSEAS INVESTMENT IN MANUFACTURING IN HONG KONG HAD GROWN SUBSTANTIALLY IN RECENT YEARS RESULTING IN AN IMPRESSIVE RANGE OF NEW PRODUCTS AND PROCESSES BEING INTRODUCED AND THE INDUSTRIAL BASE BEING WIDENED
/REFERRING TO