1
SATURDAY, SEPTEMBER 16, 1989
ECONOMIC GROWTH A KEY FACTOR: SES
THE BEST GUARANTEE FOR HONG KONG'S FUTURE LIES IN
NOT WEALTH, TO GENERATE
ONLY FOR OURSELVES BUT FOR SECRETARY FOR ECONOMIC SERVICES, MRS ANSON CHAN, SAID.
OUR ABILITY
CHINA,
THE
DOING JUST WHILE THE GOVERNMENT WAS COMMITTED TO
THIS. HONG TO MAINTAIN A KONG WOULD ALSO NEED THE HELP OF ITS TRADING PARTNERS
AT FREE FLOW OF TRADE AND TO SUPPORT IT BOTH AT THE PRIVATE LEVEL AND
THE ECONOMIC AND THE GOVERNMENT LEVEL IN THE EXERCISE OF
FINANCIAL AUTONOMY PROMISED TO HONG KONG AND ENSHRINED IN THE JOINT DECLARATION, SHE SAID,
THE HONG KONG MRS CHAN WAS SPEAKING AT A LUNCHEON MEETING OF
(FRIDAY) ON HONG CANADA BUSINESS ASSOCIATION IN VANCOUVER YESTERDAY
ROLE KONG'S
AND A REGIONAL CENTRE FOR TRANSPORTATION TELECOMMUNICATIONS.
AS
"HONG KONG'S STRATEGIC LOCATION ON THE FAR
THE CONTINUES TO BE OF GROWING IMPORTANCE IN DEVELOPING ASIAN PACIFIC BASIN.
BAST TRADE ROUTES
OF CONTEXT
FAST
THE
COMMERCIAL ACTION IS.
INCREASING
AND
POINT
FOR
THE "LET US NOT FORGET: THIS IS WHERE HONG KONG'S POSITION ON THE MAP ENABLES US TO PLAY AN EVER ROLE BOTH IN DEVELOPING ACCESS TO CHINA
AS A FOCAL SOUTHEAST ASIA," SHE SAID.
AFTER BRIEFING THE GATHERING ON HONG KONG'S ECONOMIC SITUATION
EVENTS THE JUNE 1
IN
WAS CHINA. MRS CHAN SAID THAT CONFIDENCE
BETTER THAN RETURNING IN HONG KONG AND WE HAD COME OUT OF THE CRISIS MANY EXPECTED.
էէ
'FEEDBACK FROM VARIOUS
SOURCES INDICATES
MOST THAT
OF THE INCLUDING THOSE INVOLVING REGULAR BUSINESS ACTIVITIES IN HONG KONG, CHINA, HAVE NOW RETURNED TO NORMAL.
"IT WOULD THEREFORE APPEAR
DIFFICULT
PERIOD
RELATIVELY
THAT WE HAVE EMERGED UNSCATHED
IN ALTHOUGH
SOME
FROM THIS QUARTERS
CONFIDENCE REMAINS SHAKEN, SHE SAID.
MRS CHAN NOTED THAT THE MAIN REASON FOR HONG KONG'S HAD UNDOUBTEDLY BEEN THE UNDERLYING STRENGTH OF THE ECONOMY,
RESILIENCE
"OUR ECONOMIC FUNDAMENTALS THEREFORE REMAIN GOOD," SHE ADDED.
REMAIN STRONG AND OUR
PROSPECTS
"ECONOMIC GROWTH IS THE
ΤΟ KEY
OUR
PROSPERITY FUTURE
AND
STABILITY.
"TO ACHIEVE THIS, IT IS VITAL THAT THE GOVERNMENT CONTINUES ENSURE THAT AN ADEQUATE INFRASTRUCTURE IS PROVIDED.
TO
"PORT, AIRPORT