TUESDAY, NOVEMBER 24, 1987
HK WELL EQUIPPED AS TRADE, FINANCE CENTRE
IS WELL HONG KONG
EQUIPPED AS AN IMPORTANT REGIONAL
ACTIVITIES, INTERNATIONAL CENTRE IN TRADE, FINANCE AND OTHER ECONOMIC
MR MICHARL THOMAS, SAID TODAY (TUESDAY) THE ATTORNEY GENERAL, PARIS.
AND
IN
THE ROTHSCHILDS BANK
HE WAS ADDRESSING A LUNCHBON MEETING OF ON THE LAST DAY OF HIS OFFICIAL VISIT TO NEW YORK, BOSTON, LONDON PARIS.
MR THOMAS SAID THAT IN
AND
DECADES, RECENT
HONG KONG'8
ECONOMY
HAD SURGED AHEAD, TO THE ENVY OF THE WORLD.
"ITS GDP HAS GROWN BY AN AVERAGE OF NEARLY YEAR FOR THE PAST 20 YEARS WHICH IS REMARKABLE BY SAID.
"OUR
PER
CAPITA
GRO99
DOMESTIC
PRODUCT
EIGHT PER CENT A ANY STANDARD, HE
STANDS
AT
ABOUT
US$6,800. WE ARE SECOND ONLY TO JAPAN IN THE SOUTHEAST ASIA REGION.
"HONG KONG IS ALSO DEVELOPING A TRULY WITH ITS MAINLAND NEIGHBOUR," HE SAID.
SYMBIOTIC
RELATIONSHIP
THE
THE TERRITORY NOW PLAYED AN INCREASINGLY IMPORTANT ROLE IN AMBITIOUS PROGRAMMES OF ECONOMIC MODERNISATION BEING PURSUED IN CHINA, HE SAID.
HONG KONG AND CHINA HAS "THE TOTAL VOLUME OF TRADE BETWEEN
VALUE OF INCREASED MORE THAN FIVE-FOLD IN LESS THAN 10 YEARS AND THE
THE SAMB PERIOD, MR THOMAS THE ENTREPOT TRADE HAS TREBLED DURING SAID.
THAT HONG KONG HE POINTED OUT INVESTMENT IN CHINA'S SPECIAL ECONOMIC ZONES,
WAS THE
LARGEST
SOURCE
OF
"HONG KONG IS ALSO A VALUABLE SOURCE OF SERVICES AND OF WHICH CHINA IS MAKING EXTENSIVE USE IN ITS MODERNISATION AND PARTICULARLY MANAGEMENT SKILLS, MR THOMAS SAID,
11
EXPERTISE PROGRAMME
ΤΟ
HONG KONG HONG KONG'S MANAGERIAL
HE NOTED THAT MANY CHINESE VISITORS HAD COME TO ATTEND SEMINARS, TO DO BUSINESS AND TO STUDY TECHNIQUES.
TRANSPORT AND THE THAT HONG
"HONG KONG'S EFFICIENT POST, TELECOMMUNICATIONS, AIR AND BANKING FACILITIES, COMBINED WITH GEOGRAPHICAL PROXIMITY ABSENCE OF A SIGNIFICANT LANGUAGE BARRIER HAVE ALL MEANT
CHINA'S ECONOMIC RELATIONS WITH KONG'S ATTRACTION AS A CONDUIT FOR THE OUTSIDE WORLD HAVE CONTINUED TO GROW, EVEN AS DIRECT LINKS WITH OTHER COUNTRIES," MR THOMAS SAID.
CHINA ESTABLISHES
MR THOMAS WILL BE RETURNING TO HONG KONG TOMORROW (WEDNESDAY).
12