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TUESDAY, JULY 24, 1990
7
FURTHER DIVERSIFICATION AND GROWING TECHNOLOGICAL CONTENT IN MANUFACTURING
**
* * *
THERE WILL BE FURTHER MARKET
AND
PRODUCT
AS
DIVERSIFICATION PRODUCTION PROCESSES AND AND INDUSTRY, MR
WELL AS A GROWING TECHNOLOGICAL CONTENT OF PRODUCTS IN MANUFACTURING, THE SECRETARY FOR TRADE JOHN CHAN, SAID TODAY (TUESDAY).
MANAGEMENT
INCREASINGLY AS NETWORK, WITH
THE
IS "AND HONG KONG
LIKELY TO FUNCTION
THE BASE OF AN EXTENDED MANUFACTURING
rt MR SERVICES COMPONENT OF MANUFACTURING TAKING ON GREATER IMPORTANCE,
GENERAL MEETING CHAN SAID AT A LUNCH MEETING TO MARK THE 30TH ANNUAL OF THE FEDERATION OF HONG KONG INDUSTRIES.
MR CHAN SAID THE FEDERATION WOULD HAVE PLAY IN THIS CONTINUED STRUCTURAL CHANGE.
AN IMPORTANT PART TO
ADVICE ΤΟ "FIRST, IT WILL CONTINUE TO BE A SOURCE OF VALUABLE
NEEDS
FULLY TO UNDERSTAND ADMINISTRATION
THE THE GOVERNMENT. THE
UNDERSTAND THE VIEWS AND IMPACT OF OUR POLICIES ON INDUSTRY AND TO CONCERNS OF MANUFACTURERS.
STATUTORY DUTY MATTERS AFFECTING HONG KONG FULL PARTICIPANT IN
"THE FEDERATION HAS CONSISTENTLY FULFILLED ITS TO PROVIDE ADVICE TO THE GOVERNMENT ON INDUSTRIES WITH VIGOUR; AND I EXPECT IT TO BE A THE DEBATES WHICH LIE AHEAD.
DEVELOP CAPABILITIES
"SECOND, I EXPECT THAT THE FEDERATION WILL CONTINUE TO A RANGE OF SERVICES TO HELP ITS MEMBERS TO UPGRADE THEIR AND EXTEND THEIR MARKET REACH, HE SAID.
MR CHAN SAID THE SUCCESS OF THE LOCAL INDUSTRIES OVER THE
HAD BEEN
THE ACHIEVED IN
FACE 30 YEARS
OF INCREASINGLY COMPETITION ABROAD AND CONSTRAINTS AT HOME IN TERMS OF A TIGHT MARKET, RISING COSTS AND SHORTAGE OF INDUSTRIAL LAND.
LAST
FIERCE LABOUR
WITH
"THIS SUCCESS REFLECTS THE ENTREPRENEURIAL SPIRIT OF HONG
WHICH BUSINESSMEN
AND EXPLOIT AND THE VIGOUR OPPORTUNITIES.
KONG
SEEK
OUT
NEW
"THE MANUFACTURING
SECTOR HAS PROVED WILLING
ABLE AND
то
RESPOND FLEXIBLY TO SHIFTING CONDITIONS," HE SAID.
MR CHAN SAID A STRONG TREND HAD BEEN TOWARDS DIVERSIFICATION.
HE SAID NEW MARKETS HAD BEEN TAPPED IN ADDITION TO HONG KONG'S EUROPE AND NEW INDUSTRIES HAD TRADITIONAL MARKETS IN THE U.S. AND EMERGED.
"WITHIN
HAS BEEN
SUBSTANTIAL
PRODUCT
THERE INDUSTRIES, DIVERSIFICATION, WITH INCREASINGLY SOPHISTICATED GOODS BEING PRODUCED.
/"AND THE