36

WEDNESDAY, OCTOBER 10,

1990

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FIRST,

NEW

WE HAVE TO GO ON EXPANDING OUR ECONOMY AND WINNING BUSINESS OVERSEAS; AND WE'VE GOT TO DO THAT DESPITE THE STRAINS CAUSED BY THE MIDDLE EAST CRISIS;

MAKE A

AND THEN NEXT YEAR, WE MUST ORGANISE AND WE'VE GOT TO SUCCESS OF OUR FIRST DIRECT ELECTIONS TO THE LEGISLATIVE COUNCIL.

AND LASTLY, OTHER KEY DEVELOPMENTS

NEED TO TAKE HONG PROSPEROUS HONG KONG INTO THE NEXT CENTURY.

WE ARE DUE TO START WORK ON OUR NEW

WE

KONG

-

AIRPORT

AND

A

GENUINELY

AFTER ALL, CONTINUED ECONOMIC SUCCESS HAS GOT TO COME FIRST.

FOR BOTH ACHIEVE. IT'S

TO FUNDAMENTAL

EVERYTHING ELSE WE WANT TO

YOU CAN'T DO FAMILIES AND GOVERNMENTS, IT'S A SIMPLE ENOUGH TRUTH

TO BE WHAT YOU WANT WITHOUT HAVING THE MONEY TO PAY FOR IT. WE HAVE

WE

TO WELLS-TRIED CAN ONLY BE COMPETITIVE IF WE STICK COMPETITIVE.

AND LOW HONG KONG PRINCIPLES: THAT'S FREE MARKET; MINIMUM RED-TAPE; TAXES WHICH REWARD ENTERPRISE AND HARD WORK.

SOME DURING THIS LAST YEAR OUR ECONOMIC GROWTH HAS SLOWED DOWN

WORLD ECONOMY IS WHAT. AND BECAUSE OF THE MIDDLE EAST CRISIS, THE GOING TO BE IN AN UNEASY STATE FOR SOME TIME TO COME. SO IT'S GOING TO HONG KONG, THAT BE A TOUGHER MARKET FOR US TO COMPETE IN. HERE IN

ARE MEANS THAT WE'VE GOT TO MEET THE THREAT OF INFLATION. BUSINESSMEN GOING TO HAVE

AND TO WORK

AT

OVERHEADS

RAISING REDUCING PRODUCTIVITY. WE MUSTN'T LET INCREASED LABOUR AND OTHER COSTS PRICE US OUT OF OUR FOREIGN MARKETS.

HARD

WE FACED ECONOMIC DIFFICULTIES BEFORE. WE'VE GOT TO BE READY TO BOUNCE BACK, AS WE ALWAYS HAVE IN THE PAST. THE GOVERNMENT FOR PART WILL KEEP A TIGHT GRIP ON PUBLIC EXPENDITURE AND THE SIZE OF CIVIL SERVICE.

ITS

THE

THE

THANKS TO OUR PAST ECONOMIC SUCCESS, HONG KONG BASIC SERVICES THAT THEY NEED. NOW, MANY OF THEM ARE LOOKING

AS THEY HIGHER

OF CHOICE. AND, STANDARDS AND MORE FREEDOM BETTER-OFF, THEY'RE PREPARED TO PAY MORE FOR BETTER QUALITY

то GREATER

IT'S RIGHT THAT WE SHOULD RESPOND CHOICE. EXPECTATIONS.

FAMILIES

HAVE

FOR

THESE

BECOME AND FOR RISING

THEIR

FOR PARENTS, EDUCATION IS THE KEY TO A DECENT FUTURE FOR

SCHOOL PLACES CHILDREN. WE HAVE ALREADY MET OUR TARGET OF PROVIDING FOR ALL HONG KONG CHILDREN. NOW WE ARE WORKING ON PLANS TO RAISE THE PER QUALITY OF OUR SCHOOLING. THE OBJECTIVE IS THAT, BY 1994, SOME 60 CENT OF ALL STUDENTS WHO FINISH SIXTH FORM WILL BE ABLE TO STUDY FOR A DEGREE AND STUDY FOR THAT DEGREE HERE IN HONG KONG.

HOSPITAL HOSPITAL SERVICES ARE ANOTHER HIGH PRIORITY. THE NEW AUTHORITY OPENS THE WAY TO BETTER STANDARDS OF SERVICE; WIDER CHOICE

THE FOR PATIENTS; AND MORE INTERESTING CAREERS FOR

STAFF. GETTING OF THESE IMPROVEMENTS MEANS WE NEED EFFECTIVE AND CAREFUL MANAGEMENT

FOR OUR HOSPITAL RESOURCES AND IT ALSO MEANS A MORE REALISTIC POLICY

FACT THAT NEARLY CHARGES

THAT'S ONE WHICH TAKES ACCOUNT OF THE

THEY WERE. OF EVERYBODY

THE COMMUNITY IS BETTER OFF NOW THAN IN

OFF. NO COURSE, WE'VE ALSO GOT TO TAKE CARE OF THOSE WHO ARE BADLY MEMBER OF OUR

TREATMENT COMMUNITY WILL BE DENIED PROPER

-

BECAUSE THEY CAN'T AFFORD IT.

MEDICAL

/HIGHER INCOMES

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