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THURSDAY, MAY 25, 1989
NOTED THAT HONG KONG TURNING TO EUROPEAN COUNTRIES, MR CHAN
WHICH HAD ANTI-DUMPING CASES
BEEN WAS CURRENTLY INVOLVED IN SEVEN INITIATED BY THE EUROPEAN COMMISSION SINCE DECEMBER 1987.
HE SAID HE PICKING UP THE GAUNTLET.
WAS PLEASED
ΤΟ
SEE THAT
LOCAL
INDUSTRIES
WERE
AN INJURY CLOTH
"THE TEXTILE INDUSTRY HAS COME TOGETHER TO SPONSOR
ON DENIM COMMISSION, EUROPEAN STUDY, TO BE SUBMITTED TO THE WHICH IS THE SUBJECT OF THE MOST RECENT ANTI-DUMPING ACTION.
"NO
DOUBT THESE
EFFORTS
WILL COMPLEMENT
THE
GOVERNMENT'S
ACTION," HE SAID.
MR CHAN ASSURED
LOCAL EXPORTERS
GOVERNMENT
THAT HONG KONG OVERSEAS OFFICES WOULD CONTINUE TO MONITOR DEVELOPMENTS VERY CLOSELY THEY RECEIVED IT WHILE THE TRADE AND CHANNEL INFORMATION BACK AS
AND OFFERING DEPARTMENT WAS LIAISING CLOSELY WITH AFFECTED COMPANIES ADVICE WHENEVER POSSIBLE.
BEEN
EMPLOYED DIRECT
HE REMINDED EXPORTERS THAT TWO CONSULTANTS HAD
HAD MADE NUMEROUS
ADVICE
GOVERNMENT
то GIVE
AND THE REPRESENTATIONS TO THE EUROPEAN COMMISSION.
HK WELL PLACED TO BENEFIT IN TRADE
STRATEGICALLY
LOCATED AT
THE WESTERN RIM OF THE FAST PLACED TO BENEFIT DEVELOPING ASIA-PACIFIC REGION, HONG KONG IS WELL
THE DIRECTOR OF TRADE, MR FROM THE ECONOMIC GROWTH IN THE REGION, MICHAEL
SAID IN AN ADDRESS TO THE
MANUFACTURERS' CHINESE ASSOCIATION THIS (THURSDAY) EVENING.
SZE,
LINK WITH MR SZE SAID THAT HONG KONG'S TRADING THE ASIA-PACIFIC REGION HAD BEEN STEADILY EXPANDING.
ECONOMIES IN
TAKING 1970 AS THE BASE YEAR AND COMPARING IN WITH KONG'S DOMESTIC EXPORTS TO THE WORLD HAD INCREASED BY 16.6 IMPORTS FROM THE WORLD ROSE BY 27 TIMES, HE SAID.
1988, HONG TIMES AND
WITH CHINA AND TAIWAN IN THE SAME PERIOD, HONG KONG'S TRADE
ASEAN WAS EVEN MORE SPECTACULAR THAN THAT WITH JAPAN, SOUTH KOREA AND
TAIWAN WERE UP COUNTRIES: HONG KONG'S DOMESTIC EXPORTS TO CHINA AND BY WELL OVER 1,200 TIMES AND 240 TIMES RESPECTIVELY, AND IMPORTS BY 57 AND 53 TIMES RESPECTIVELY.
THE
MR SZE SAID THAT THIS HIGHLIGHTED ECONOMIC RELATIONS BETWEEN CHINA AND HONG KONG.
DEVELOPMENT
INCREASINGLY
HAS
BEEN
ROSE
IMPORTANT
THE
RISING
"THE MOST CONSPICUOUS IMPORTANCE OF CHINA AS HONG KONG'S NUMBER ONE TRADING PARTNER.
"CHINA IS