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MONDAY, OCTOBER 17, 1988
HK IS IDEAL SPRINGBOARD TO CHINA BUSINESS: GOVERNOR
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HONG KONG IS THE BEST SPRINGBOARD FOR PEOPLE BUSINESS IN CHINA, THE GOVERNOR, SIR DAVID WILSON, GERMAN EXECUTIVES IN BONN TODAY (MONDAY).
WHO TOLD
WANT ΤΟ DO
A GROUP OF
ADDRESSING THE FEDERATION OF GERMAN CHAMBERS OF COMMERCE SIR DAVID STRESSED THE DURING A FIVE-DAY OFFICIAL VISIT TO EUROPE,
DOING BUSINESS IN IMPORTANCE OF HAVING THE NECESSARY EXPERTISE WHEN CHINA.
WHO
ARE
"HONG KONG BUSINESSMEN, PROFITABILITY, ARE PUTTING A GREAT DEAL OF VENTURES," THE GOVERNOR SAID.
KEEN
AS
ON AS ANYBODY EFFORT INTO THEIR CHINA
"THEY KNOW THAT MORE INVOLVEMENT IN THE MARKET BRINGS MORE BETTER BUSINESS, HE ADDED.
AND
HOW TO "AS A RESULT, THEY UNDERSTAND, BETTER THAN ANYONE ELSE,
ARE, FIRMS
WITHOUT
THE QUESTION, DO BUSINESS IN CHINA. HONG KONG
AND THEIR EXPERTISE GROWS WORLD'S GREATEST EXPERTS ON THIS MARKET, WITH EVERY NEW DEAL," HE SAID.
"HAVING A HONG KONG PARTNER MAY NOT GUARANTEE SUCCESS; CERTAINLY HELPS, SAID THE GOVERNOR.
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HE SAID HONG KONG'S ECONOMIC RELATIONSHIP WITH CHINA TO DEVELOP WITH BILATERAL TRADE HAVING INCREASED 19 TIMES TO US$26 BILLION.
BUT IT
CONTINUED SINCE 1982
"HONG KONG ACCOUNTS FOR TWO-THIRDS OF IN CHINA," SIR DAVID SAID.
ALL FOREIGN
INVESTMENT
"CHINA IS ALSO AN IMPORTANT INVESTOR IN HONG KONG," HE ADDED.
THAT
THE GOVERNOR POINTED OUT
CURRENT OPEN WHEN CHINA'S SOME PEOPLE PREDICTED THAT ECONOMIC POLICIES WERE FIRST INTRODUCED,
BY SOME OTHER HONG KONG WOULD BE SUPERSEDED AS THE GATEWAY TO CHINA CITIES ON THE MAINLAND SUCH AS SHANGHAI OR TIANJIN.
HOWEVER, HE SAID, HONG KONG HAD BECOME, ON THE MORE IMPORTANT TO CHINA THAN IT WAS TEN YEARS AGO.
CONTRARY,
EVEN
CAPITALIST WORLD.
WE ARE "WE ARE THEIR WINDOW ON THE
THEIR THEIR MOST 1MPORTANT MOST IMPORTANT SOURCE OF HARD CURRENCY. WE ARE
MAINTAIN A EXPORTS. WE
MAJOR INTERNATIONAL FINANCIAL MARKET FOR
WE PROVIDE
TRAINING GROUND CENTRE ON THEIR DOORSTEP. BUSINESSMEN, SIR DAVID SAID.
A
FOR
THEIR
TURNING TO