WEDNESDAY, NOVEMBER 4, 1987
48
OFFICES;
OF
THE
VOLUME I OF THE SURVEY OFFICE REPORT WILL BE AVAILABLE FREE
AT THE DISTRICT (THURSDAY) CHARGE FROM TOMORROW
OFFICE BUILDING, GOVERNMENT PUBLICATIONS CENTRE AT THE GENERAL POST CONNAUGHT PLACE, CENTRAL; AND THE MARKETING OFFICE OF THE INFORMATION SERVICES DEPARTMENT, NO. 1 BATTERY PATH, CENTRAL. A TOTAL OF 160,000 COPIES (120,000 IN CHINESE AND 40,000 IN ENGLISH) HAS BEEN PRINTED FOR THIS PURPOSE.
III
WHICH CONTAIN
SUPPORTING AND II VOLUMES APPENDICES WILL BE AVAILABLE FOR PERUSAL AT THE DISTRICT PUBLIC LIBRARIES.
DETAILS AND OFFICES AND
"RESTRICTIVE TRADE MEASURES DO NOT PAY"
THE EXPORT OF TEXTILES AND CLOTHING
PRODUCTS
FROM ASIA INTO
TO SEVERE RESTRAINTS AND MANY INDUSTRIALISED COUNTRIES IS SUBJECT
THE SECRETARY HONG KONG IS NATURALLY CONCERNED ABOUT SUCH PRESSURES, FOR TRADE AND INDUSTRY, MR HAMISH MACLEOD, SAID TODAY (WEDNESDAY).
TEXTILES
THE INTERSTOFF SAIA '87 CLOTHING
AND
SPEAKING AT THE OPENING CEREMONY OF EXHIBITION,
SAID HONG KONG'S MR MACLEOD INDUSTRIES HAVE LONG BEEN A MAINSTAY OF THE LOCAL ECONOMY.
OVER 40 PER CENT OF THE TOTAL "TOGETHER THEY ACCOUNT FOR
CLOTHING EMPLOYMENT IN OUR MANUFACTURING INDUSTRIES, AND TEXTILES AND
CENT OF HONG KONG'S DOMESTIC PRODUCTS ALSO CONSTITUTE SOME 40 PER EXPORTS.
CONTINGENT UPON THE MR MACLEOD SAID AS THE ABILITY TO BUY IS
THE BUYER AND ABILITY TO SELL, IT WOULD BE IN THE INTEREST OF BOTH
INCREASED TRADE BOTH WAYS: THE SELLER ALIKE TO ENSURE
BY LETTING THROUGH OPPORTUNITIES BE EXPLOITED BY MARKET FORCES WITHOUT HINDRANCE PROTECTIONISM.
HE URGED BUSINESSMEN FROM ALL OVER THE WORLD TO BRING HOME MESSAGE THAT RESTRICTIVE TRADE MEASURES DO NOT PAY.
THE
NOT ONLY THE WORLD'S BIGGEST MR MACLEOD SAID HONG KONG WAS
OF TEXTILES GARMENT EXPORTER, IT WAS ALSO THE THIRD LARGEST IMPORTER AND EIGHTH LARGEST IMPORTER OF CLOTHING.
HE SAID HONG
KONG'S
ACCESSORIES WERE
MOVING
OWN INCREASINGLY
FABRICS,
MATERIALS
AND
ITS
FASHION GARMENT
AND UP-MARKET INDUSTRY WAS EVER ON THE LOOKOUT FOR HIGH FASHION FABRICS TO MEET NEEDS OF ITS MANY MARKETS.
THE
/49