4
THURSDAY, APRIL 12, 1990
MR JOHNSON ALSO NOTED THAT HONG KONG'S LEADING BUSINESSMAN, MR LI KA-SHING, HAD RECENTLY ANNOUNCED THAT HIS GROUP WOULD INVEST OVER US$5 BILLION OVER THE NEXT THREE YEARS IN A NEW CONTAINER TERMINAL, POWER GENERATION AND A NUMBER OF RESIDENTIAL PROJECTS.
TURNING TO JAPANESE INVESTMENT, MR JOHNSON POINTED OUT THAT THE JAPANESE INTEREST COVERED REAL ESTATE, MANUFACTURING AND STORES. IT WAS ESTIMATED THAT JAPANESE-OWNED STORES ACCOUNT FOR 40 PER CENT OF ALL DEPARTMENT STORE BUSINESS IN HONG KONG, HE SAID.
RETAIL ABOUT
"THEY ARE ALSO EXTREMELY ACTIVE IN CONSTRUCTION AND CIVIL ENGINEERING AND HAVE PLAYED THE LEADING ROLE IN SUCH PROJECTS AS THE US$450 MILLION SECOND HARBOUR TUNNEL AND THE BANK OF CHINA'S 71-STOREY BUILDING.
MR JOHNSON ALSO CLARIFIED SOME MISUNDERSTANDINGS ABOUT OF THE BASIC ISSUES ASSOCIATED WITH HONG KONG'S REVERSION TO CHINA.
NEW
SOME
AGREEMENT,
ΤΟ GIVE
"A GREAT DEAL HAS ALREADY BEEN DONE, WITH THE FULL CO-OPERATION AND SUPPORT OF THE GOVERNMENT OF THE PRC, KONG ITS OWN SEPARATE IDENTITY IN THE INTERNATIONAL FINANCIAL AND BUSINESS SCENE, IN A WAY THAT WILL CONTINUE BEYOND 1997.
HONG TRADING,
EVERY
THE
"SO HONG KONG CONTINUES TO OFFER OPPORTUNITIES IN ALMOST FIELD; RETAILING, IMPORT AND EXPORT, MANUFACTURING, PARTICULARLY DESIGN AND OTHER SUPPORT SERVICES, THE FINANCIAL SECTOR, PROFESSIONS, INDUSTRIAL AND OTHER EQUIPMENT, AND EVERYTHING WITH HUGE DEVELOPMENT PROJECTS PLANNED FOR THE NEXT DECADE BEYOND, MR JOHNSON SAID.
..
TO DO
AND
ANOTHER HONG KONG SPEAKER AT THE CONFERENCE WAS HONG TRADE DEVELOPMENT COUNCIL REPRESENTATIVE, MR ALAN WONG.
KONG
GOVERNOR GEORGE DEUKMEJIAN OF CALIFORNIA DELIVERED THE
KEYNOTE
ADDRESS.
EXTERNAL TRADE STATISTICS FOR FEBRUARY RELEASED
*
TOTAL MERCHANDISE TRADE IN FEBRUARY 1990, AT INCREASED BY 4 PER CENT IN VALUE TERMS COMPARED ACCORDING TO THE DETAILED FIGURES ON THE VALUE OF 1990 RELEASED TODAY {THURSDAY) BY THE CENSUS
DEPARTMENT.
$78,229 MILLION, WITH FEBRUARY 1989, TRADE IN FEBRUARY AND STATISTICS
THE VALUE OF DOMESTIC EXPORTS DECREASED $13,311 MILLION IN FEBRUARY 1990.
BY 5 PER CENT TO
/ON THE