3
MONDAY, MAY 29, 1989
NEW ROLE FOR SMALLER LOCAL ENTERPRISES
AS CHINA'S INDUSTRIALISATION GATHERS
HONG ENTERPRISES IN SMALLER INTENSIVE ORIGINAL EQUIPMENT DIMINISH.
KONG MANUFACTURE
AS
(OEM)
PACE, SUB-CONTRACTORS
19 WORK
THE ROLE OF THE
FOR
LIKELY
LABOUR ΤΟ
INDUSTRY,
MR ANDREW
LEUNG, MADE THE THE ACTING DIRETOR OF
THE COMMENT AT THE SEMINAR ON PRIVATE SECTOR DEVELOPMENT ORGANISED BY UNITED NATIONS DEVELOPMENT PROGRAMME IN KUALA LUMPUR TODAY (MONDAY).
THE PURPOSE OF THE SEMINAR IS TO HAVE OF PRIVATE SECTOR DEVELOPMENT SINGAPORE, SOUTH KOREA AND THAILAND,
ISSUES
A COMPARATIVE ANALYSIS BETWEEN HONG KONG,
MALAYSIA,
J.P.
PUBLIC SECTOR KONG'S
WHILE THE MR
REPRESENTS HONG LEUNG PARTICIPANT REPRESENTING THE PRIVATE SECTOR AT THE SEMINAR IS MR LEE, EXECUTIVE DIRECTOR OF THE HONG KONG CHINESE BANK LIMITED.
IN HIS PAPER
ENTITLED
IN SECTOR SMALL AND ROLES TO BE
"THE
ROLE OF THE PUBLIC
OF THE DEVELOPMENT
MICRO, DEVELOPMENT: PRIVATE SECTOR MEDIUM-SIZED ENTERPRISES", MR LEUNG ILLUSTRATED THE NEW TAKEN UP BY ENTERPRISING LOCAL INDUSTRIALISTS.
HE SAID HE COULD FORESEE THAT, IN THE THE MICRO ENTERPRISES EMPLOYING FEWER THAN 10 DECLINE.
LONG TERM. NUMBERS OF PEOPLE WOULD POSSIBLY
ΤΟ UPGRADE AND "BUT AS THE MANUFACTURING INDUSTRIES CONTINUE
DEEPEN CAPABILITIES
HONG THEIR TECHNOLOGICAL RESTRUCTURE, AND AS
DYNAMIC GROUP OF SMALLER KONG SHOULD SEE THE EMERGENCE OF A NEW ENTERPRISES IN THE FORM OF START-UP COMPANIES," HE SAID.
MR LEUNG OUTLINED THE CHARACTERISTICS OF OF SMALLER ENTERPRISES WHICH MIGHT BE BORN IN TECHNOLOGY CENTRE.
THIS NEW GENERATION A SCIENCE PARK OR A
"THEY WOULD BE
ABLE
ΤΟ
COMBINE
HONG
KONG'S
PROVEN AND TO
ENTREPRENEURIAL SKILLS WITH THE LATEST TECHNOLOGICAL KNOW-HOW TAKE PRODUCT RESEARCH AND DEVELOPMENT TO FULL COMMERCIALISATION.
THE TAP
TECHNOLOGICAL
EXPERTISE
OF
POOL OF TALENT
IN
OUR
FOREIGN TERTIARY
"THEY WOULD MANUFACTURING INVESTMENT AND THE INSTITUTIONS,
A WORLD RISK
"THEY WOULD TAKE ADVANTAGE OF HONG KONG'S POSITION AS FINANCIAL CENTRE AND GAIN ACCESS TO INVESTMENT FUNDS, INCLUDING CAPITAL.
"THEY WOULD