3

TUESDAY, NOVEMBER 8, 1988

TRIANGULAR LINK OFFERS GOLDEN OPPORTUNITY FOR TRADE

OF

AUSTRALIA, HONG KONG AND CHINA THE TRIANGULAR LINK BETWEEN

GOLDEN OFFERS

OPPORTUNITY FOR

THE DEPUTY DIRECTOR TRADE, INDUSTRY, MR ANDREW LEUNG, SAID IN MELBOURNE YESTERDAY (MONDAY).

A

GOLDEN TRIANGLE FOR TRADE,

WAS WHICH

ONE OF THE MOST

A MR LEUNG SAID THE LINK FORMED CUTTING ACROSS THE ASIA-PACIFIC REGION ECONOMICALLY VIBRANT REGIONS OF THE WORLD.

REGION WAS HEADING TOWARDS AN IN ADDITION, THE PROMINENT POSITION IN WORLD TRADE BY THE YEAR 2000, MR LBUNG AN ADDRESS TO THE HONG KONG-AUSTRALIA BUSINESS ASSOCIATION.

KVEN

MORE SAID IN

LEUNG IS MEETING DURING HIS WEEK-LONG VISIT TO AUSTRALIA, MR REPRESENTATIVES FROM A NUMBER OF TRADE AND INDUSTRIAL ORGANISATIONS,

AND MANUFACTURERS

THE CANBERRA INCLUDING THE AUSTRALIAN CHAMBER OF DEVELOPMENT BOARD.

LOCATION FOR AUSTRALIAN WITHIN EASY REACH OF SOUTH KOREA

AN IDEAL HE DESCRIBED HONG KONG AS

MANUFACTURING BASE, BUSINESSMEN TO SET UP A THEIR MAJOR EXPORTING DESTINATIONS SUCH AS JAPAN, CHINA, AND TAIWAN.

IMPORTANT WELL-ESTABLISHED

THE "TAKING INTO ACCOUNT

ALREADY

IN

FOR

MARKET FOR ASIA-PACIFIC

PRESENCE AUSTRALIAN AUSTRALIA AND THE

THERE ARE REAL PROSPECTS HONG KONG IN OTHER AREAS OF BUSINESS,

HE SAID. MORE AUSTRALIAN MANUFACTURERS TO SET UP OPERATION,

PT

HAD

SUPPORTED

INDUSTRY

TRADE MR LEUNG EMPHASISED THAT HONG KONG BELIEVED IN FREE

ITS ECONOMIC SUCCESS AND THE A FREE ECONOMY AS THE CORNERSTONE OF

IN

AREAS,

NAMELY GOVERNMENT INFRASTRUCTURAL AND DEVELOPMENTAL.

AND

TWO

MAIN

GOVERNMENT

CREATING "IN LINE WITH

CONSTANTLY IMPROVED

A

FAVOURABLE

INFRASTRUCTURE,

MANUFACTURING ENTERPRISE

CAN OPERATE

THE FRAMEWORK

SUCESSFULLY

WITHIN

THE WHICH AND BECOME MORE

COMPETITIVE, HE ADDED.

GATHERED PACE,

BETWEEN

NOT

HE ALSO SAID THAT AS CHINA'S INDUSTRIALISATION

HONG KONG AND CHINA

ONLY THE SYMBIOTIC RELATIONSHIP

A MAJOR INTERNATIONAL FINANCIAL REINFORCED HONG KONG'S POSITION AS

TYPES AND COMMERICAL CENTRE BUT ALSO UNDERLAY ITS DEVELOPMENT IN SUCH OF MANUFACTURING AS THOSE INVOLVING AND CAPITAL AND TECHNOLOGY INTENSIVE PROCESSES.

"FOR THIS

DEVELOPMENT,

HIGH HIGH QUALITY,

HONG KONG OFFERS AN INFRASTRUCTURE. AUSTRALIAN ENTERPRENEURS ARE WELL-PLACED IN GEOGRAPHY, TECHICAL EXPERTISE, AND EXPERIENCE KONG TO GRASP THE BUSINESS OPPORTUNITIES,

VALUE-ADDED

OF OPERATING

+

HE SAID.

EXCELLENT TERMS

OF

IN HONG

/TURNING TO

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