THURSDAY, JANUARY 24, 1991
INTERNATIONAL DELEGATES
HE TOLD THE 440 LOCAL AND EXHIBITORS HONG KONG COULD NOT STAND STILL AND MUST CONTINUE TO AND TO ADAPT.
AND
GROW
EFFICIENT
CLEAR
POSITION
HONG KONG'S PLANS FOR A SOPHISTICATED AND TRANSPORTATION AND COMMUNICATIONS INFRASTRUCTURE ARE BASED ON A AND PRAGMATIC VISION OF WHAT IS NEEDED FOR THE TERRITORY TO ITSELF FOR THE NEXT CENTURY, HE SAID.
IT
IS AN IMPORTANT PART OF FUTURE THAT
FOR THE THE ARRANGEMENTS
HAVE TERRITORY'S
HONG KONG CONTINUES TO
AN IMPORTANT REGIONAL AND INTERNATIONAL ROLE, AS AN ENTREPOT, A MAJOR FINANCIAL AND SERVICES CENTRE, ALSO THAT
A THAT IT SHOULD CONTINUE TO BE MANUFACTURING CENTRE FOR SOPHISTICATED GOODS AND A BASE FROM WHICH MANAGE TRANS-NATIONAL OPERATIONS, HE SAID.
H
ΤΟ
AND THE SIR DAVID SAID THE DECISION TO BUILD A NEW AIRPORT
FIRSTLY IN RELATED PORT AND ROAD FACILITIES WAS A STRATEGIC ONE, INTERNAL PLANNING TERMS AS A WHOLE SERIES OF OTHER DEVELOPMENTS RESTED ON THE DECISION TO MOVE THE AIRPORT.
LONG-TERM REGION
OUR THERE IS ALSO AN EXTERNAL DIMENSION: "SECONDLY VIEW OF HONG KONG'S POSITION IN THE WORLD ECONOMY, WITHIN THE AND IN RELATION TO CHINA," HE SAID.
DAVID GIR
SAID THAT MAJOR TRENDS INTERNATIONAL TRADE WERE HIGHLY SIGNIFICANT.
IN THE DEVELOPMENT
OF
HAD A SMALL RAPIDLY PRODUCTION
WITHIN THE LAST DECADE, HE NOTED, TRADE ACROSS THE PACIFIC
ATLANTIC. OVERTAKEN AND SURGED AHEAD OF TRADE ACROSS THE
IN EXAMPLE GROUP OF ASIAN ECONOMIES HAD FOLLOWED JAPAN'S ABSORBING THE TECHNICAL ADVANCES OF THE WEST AND REFINING METHODS IN AN EXPORT LED DRIVE TOWARDS GREATER PROSPERITY.
LATTERLY, AND PERHAPS MOST IMPORTANT OF ALL, PROSPERITY HAD LED REDUCING TO THE EMERGENCE OF A REGIONAL MARKET WHICH IS SIGNIFICANTLY DEPENDENCE ON TRADITIONAL MARKETS IN EUROPE AND NORTH AMERICA.
PART OF A NUMBER OF BEHIND, ARE
"ALL OF THESE INDICATORS SUGGEST THAT GROWTH IN THIS THE WORLD WILL CONTINUE TO OUTSTRIP OTHERS, AND THAT COUNTRIES IN THE REGION, WHICH HAVE PREVIOUSLY ABOUT TO EXPERIENCE SUBSTANTIAL GROWTH.
LAGGED
"ABOVE ALL DESPITE GLOOMY PREDICTIONS IN THE REST OF THE ECONOMIES, THIS REGION IS PROVING SURPRISINGLY RESILIENT.
WORLD
HONG
KONG'S TRADE RAPIDLY,
ASIAN WITH ITS INCREASE
WITH DOMESTIC EXPORTS TO MULTIPLIED NINE TIMES SINCE 1979.
NEIGHBOURS CONTINUED
ASIAN
COUNTRIES
ΤΟ HAVING
JAPAN
AND
PARTICULARLY SOUTH KOREA WERE IMPORTS FROM THE SAME COUNTRIES HAVE SHOWN A SIMILARLY DRAMATIC
HAS BEEN THE STILL MORE SIGNIFICANT FROM A PLANNING POINT OF VIEW
OVER THE SAMB SURGE IN RE-EXPORTS TO ASIAN COUNTRIES: UP 14 TIMES PERIOD.
IMPORTANT
MARKETS. RISE.
/SIR DAVID
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