13
FRIDAY, NOVEMBER 22, 1991
COVERING MIDDLEMAN"
WOULD STATISTICS.
FROM WORLD
UNDER BUSINESS
TRADE DIFFERENT ADOPTION
TOTALLY REPRESENT
A SYSTEM STATISTICAL STANDARDS, THEREBY CAUSING SERIOUS CONFUSION.
OF
ANY MOVE "GIVEN THAT HONG KONG IS AN IMPORTANT TRADING CENTRE,
WITH THOSE OF OTHER INCOMPATIBLE MAKB ITS TRADE STATISTICS
THE SPOKESMAN SAID. COUNTRIES WOULD BE OUT OF THE QUESTION,
ΤΟ
Fi
"DATA ON
'MIDDLEMAN'
BUSINESS ARE ECONOMY. KONG
HOWEVER
IN CERTAINLY USEFUL
THEY SHOULD NOT BE
UNDERSTANDING THE HONG
CONFUSED WITH TRADE STATISTICS.
THE HONG KONG ECONOMY
"THE CONTRIBUTION OF SUCH BUSINESS TO HAS IN FACT BEEN ACCOUNTED FOR IN COMPUTING THE GROSS DOMESTIC PRODUCT OF HONG KONG," HE ADDED.
TRADE STATISTICS WERE
THE SPOKESMAN FURTHER POINTED OUT THAT NOT RECORDED ACCORDING TO THE COUNTRY OF INVESTMENT.
FOR INSTANCE, EXPORTS BY A JAPANESE-OWNED FIRM STATES SHOULD NOT BE RECORDED AS THE EXPORTS OF JAPAN.
SIMILARLY,
IN THE UNITED
COUNTRIES KONG EVEN
TRADE BETWEEN
IN FIRMS
TWO OVERSEAS TRADE STATISTICS OF HONG SHOULD NOT BE RECORDED IN THE THOUGH ONE OR BOTH OF THOSE FIRMS WERE OWNED BY HONG KONG.
BLUEPRINT FOR FAR-REACHING CITY GROWTH COMPLETED
* * * *
THE IMPLEMENTATION OF THE PORT AND AIRPORT DEVELOPMENT STRATEGY WITHIN WILL HAVE MAJOR IMPLICATIONS FOR THE RESTRUCTURING OF THE CITY THE METROPLAN FRAMEWORK.
AND
THIS WAS STATED BY THE SECRETARY FOR PLANNING, ENVIRONMENT
TODAY (FRIDAY) TO LANDS, MR GRAHAM BARNES, AT A PRESS CONFERENCE ANNOUNCE THE COMPLETION OF THE METROPLAN AFTER MORE THAN FOUR YEARS OF PREPARATION AND REPEATED PUBLIC CONSULTATION.
MR BARNES
OF GROWTH THAT NEW TOURIST
HIGHLIGHTING THE SPECIAL FEATURES OF THE DOCUMENT, POINTED OUT THAT THE NEW AIRPORT AT CHEK LAP KOK AND THE EXPANSION
ECONOMIC HONG KONG'S
FACILITIES WOULD STIMULATE PORT SHOULD BE REFLECTED BY THE EXPANSION WITHIN THE CITY OF AND BUSINESS ACTIVITIES.
"MORE DIRECTLY, THE. COMPLETION OF THE WEST KOWLOON WHICH IS A CORE AIRPORT PROJECT, AND THE RELOCATION OF FROM THE EXISTING 230 HECTARE SITE AT KAI TAK IN 1997
HE SAID. SUBSTANTIAL AREAS OF LAND FOR NEW DEVELOPMENT,
AN
"
RECLAMATION,
AIRPORT THE WILL RELEASE
OTHER MAJOR PROVIDE
WITH TOGETHER HE POINTED OUT THAT THESE AREAS, RECLAMATIONS FALLING UNDER THE METROPLAN STRATEGY, WOULD ALSO
OPPORTUNITY TO HELP RESTRUCTURE OBSOLETE AREAS, SUCH AS AND TO KWA
USING THE RESOURCES OF SUCH WAN, DEVELOPMENT CORPORATION, THE HOUSING AUTHORITY, AND PRIVATE DEVELOPERS.
MONG KOK BODIES AS THE LAND THE HOUSING SOCIETY
/HE CITED