TUESDAY, JUNE 12, 1990
1
DECADE OF CHALLENGE FOR FEDERATION OF HK INDUSTRIES: GOVERNOR
AND THE
CHALLENGES FOR THE 1990s WILL BE A DECADE OF FURTHER ECONOMIC
FEDERATION WILL OF THE FEDERATION
HONG KONG INDUSTRIES CONTINUE TO PLAY A MAJOR ROLE IN SHAPING THE FUTURE PROSPERITY OF HONG KONG, THE GOVERNOR, SIR DAVID WILSON, SAID TODAY (TUESDAY).
SIR DAVID SAID THE SPEAKING AT ITS 30TH ANNIVERSARY DINNER,
IT, WAS WELL FEDERATION, WITH A SOLID 30 YEARS OF EXPERIENCE BEHIND PLACED TO MEET THESE CHALLENGES.
KONG'S MANUFACTURING INDUSTRY.
THE
POINTED GOVERNOR
FEDERATION WAS SET UP HAD
THAT OUT SEEN BREATH-TAKING
THE 30 YEARS SINCE IN DEVELOPMENTS
THE HONG
LOW-VALUE GOODS,
WE
HAVE CONSUMER
"FROM PRODUCING RELATIVELY SIMPLE,
MOVED ON TO THE MANUFACTURE OF A WIDE RANGE OF SOPHISTICATED PRODUCTS.
"TO PRODUCE THESE HIGH VALUE-ADDED
-
GOODS COMPETITIVELY, MANY NOT HAVE GUANGDONG,
- WHERE THE PRODUCTS DO OF OUR LABOUR INTENSIVE INDUSTRIES TO HAVE HONG KONG ORIGIN HAVE MOVED ACROSS THE BORDER TO
** THE GOVERNOR SAID. WHERE THERE IS CHEAPER LAND AND CHEAPER LABOUR,
-
IN THE PROCESS AND HONG KONG HAD
HE NOTED THAT A NEW ECONOMIC RELATIONSHIP HAD
GUANGDONG BOTH GUANGDONG. BEEN FORGED WITH BENEFITTED FROM IT.
WE
LABOUR ACROSS THE WITHIN
OWN
WE BORDER. HONG KONG. GROWTH, HE
***
"BUT WE CANNOT SIMPLY RELY ON
LABOUR HAVE SUFFICIENT MUST MAKE SURE THAT OTHERWISE WE WILL PUT ARTIFICIAL CONSTRAINTS ON OUR SAID.
BE DONE, AND WOULD BE DONE,
THE GOVERNOR SAID THIS COULD WITHOUT DAMAGING THE INTERESTS OF OUR OWN HARD WORKING LABOUR FORCE.
WOULD ITSELF DAMAGE
"NOT TO TAKE ACTION NOW, IN A MODEST WAY, THE INTERESTS OF EVERYBODY IN HONG KONG,
++
"WE MUST MAKE SURE THAT HONG KONG CAN CONTINUE TO EXPAND, HE SAID.
PROSPER AND
FIRST
OVER TIME,
HALF OF THE SIR DAVID SAID HE RESPONDED TO THESE
NOTING THAT IN 1988, FOR THE LABOUR FORCE WAS EMPLOYED IN SERVICE INDUSTRIES, WAS
ΤΟ GLAD
FEDERATION HAD SEE THAT THE DEVELOPMENTS WITH PRAGMATISM AND FORESIGHT.
то MANAGED
REMAIN IN THE SIR DAVID SAID THE FEDERATION HAD
1970 IT HAD ALLOWED ITS FOREFRONT OF CHANGE, POINTING OUT THAT IN
TRADITIONAL MANUFACTURING COMPANIES MEMBERSHIP TO EXPAND BEYOND INCLUDE UTILITY COMPANIES AND PACKAGING COMPANIES.
ΤΟ
/SIR DAVID