12
FRIDAY, NOVEMBER 20, 1987
HONG KONG WHICH "THERE ARE THOUSANDS OF TRADING COMPANIES IN
FROM HANDLE BUSINESS WITH
THESE INCLUDE FOREIGN COMPANIES CHINA. THE UNITED STATES, JAPAN AND EUROPE.
"HONG KONG
THE THE
KNOWLEDGE, EXPERTISE
THE DIFFERENCE TO
AND WESTERN AND
HAVE BUSINESSMEN
ALL MAKE LANGUAGE SKILLS THAT CAN BUSINESSMAN GRAPPLING WITH THE PROBLEM OF PENETRATING THE DISTANT UNFAMILIAR CHINA MARKET, HE SAID.
LO
ALSO
NOTED THAT APART
THE CLOSE
TRADING INVESTOR IN CHINA, THERE, INVESTOR
MR
FROM RELATIONSHIP, HONG KONG WAS THE LARGEST EXTERNAL
INVESTMENT ACCOUNTING
60
EXTERNAL FOR OVER
PER CENT OF ACCORDING TO CHINESE FIGURES. IN ITS TURN, CHINA WAS A MAJOR IN HONG KONG.
0
REGISTRATION OF TWO ADDITIONAL RICE STOCKHOLDERS
IS INVITING
APPLICATIONS
FOR THE
THE TRADE DEPARTMENT REGISTRATION OF TWO ADDITIONAL RICE STOCKHOLDERS.
OF TRADE, ANNOUNCING THIS TODAY (FRIDAY), THE DEPUTY DIRECTOR
DEPARTMENT INTENDED TO REGISTER TWO MR JOSEPH WONG, SAID THAT THE ADDITIONAL RICE STOCKHOLDERS AND ALLOCATE EACH WITH NINE UNITS.
RICE IMPORTED IS SUBJECT TO A REPRESENTING 90
HITHERTO, RICE IN HONG KONG IS SUBJECT TO CONTROL UNDER A CONTROL SCHEME. UNDER THE SCHEME, THE QUANTITY OF RICE TO BE
LOCAL CONSUMPTION INTO HONG KONG PER QUARTER FOR
UNIT EACH QUOTA WHICH IS DIVIDED INTO 1,000 UNITS, TONNES OF RICE.
ALLOCATED TO 44 RICE RESIDUAL QUOTA
ARE NOW
A TOTAL OF 982 UNITS HAVE ALREADY BEEN
LARGELY THE 18 UNITS STOCKHOLDERS. THE REMAINING UNITS OF A STOCKHOLDER WHICH CEASED BUSINESS IN LATE 1986 AVAILABLE FOR ALLOCATION,
-
WITH LINE WITH SHOULD BE
BE REGISTERED "WHILE THE NUMBER OF ADDITIONAL STOCKHOLDERS TO ON THIS OCCASION IS SMALL, WE BELIEVE THAT ADDITION OF NEWCOMERS RELEVANT EXPERIENCE AND REASONABLE FINANCIAL BACKING IS IN AND SCHEME, OUR PRINCIPLES OF OPERATING THE RICE CONTROL BENEFICIAL TO CONSUMERS IN THE LONG RUN," MR WONG SAID.
RICE STOCKHOLDERS ADVICE OF THE RICE
HE SAID THE DECISION TO REGISTER ADDITIONAL AND THE CRITERIA FOR APPLICANTS WAS MADE ON THE ADVISORY COMMITTEE.
/THOSE WHO