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ITDC MEETS
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WEDNESDAY, MARCH 10, 1993
THE INDUSTRY AND TECHNOLOGY
DEVELOPMENT
COUNCIL (ITDC) HELD
ITS FIRST MEETING IN 1993 TODAY (WEDNESDAY).
THE COUNCIL IS THE GOVERNMENT'S PRINCIPAL ADVISER
AND TECHNOLOGY DEVELOPMENT.
ON INDUSTRY
AFTER THE MEETING, DR RAYMOND CH'IEN, THE FIRST NON-OFFICIAL RECENTLY APPOINTED AS ITDC CHAIRMAN, SAID THE EXCHANGES AMONG ITDC MEMBERS WERE USEFUL AND STIMULATING.
DR CHIEN SAID: "WE HAD A GOOD DISCUSSION ON THE FUTURE ROLE OF THE ITDC. THIS IS IN FACT A CONTINUATION OF WORK STARTED IN 1992.
MEMBERS ALSO WELCOMED THE FINANCIAL SECRETARY'S LATEST PLAN TO INCREASE FUNDS FOR SUPPORTING INDUSTRY. WE SHALL ADVISE THE ADMINISTRATION ON THE WORKING OUT OF THE DETAILS,
"IT IS OUR SINCERE HOPE THAT, AS THE FINANCIAL SECRETARY HAS ENVISAGED, THERE WOULD BE SIGNIFICANT PROGRESS ON THIS INITIATIVE IN THE NEXT FEW MONTHS.
OTHER SUBJECTS DISCUSSED AT THE MEETING INCLUDED THE SCIENCE PARK STUDY REPORT AND THE PLASTICS STUDY REPORT.
ITDC'S ADVICE WOULD PROVIDE A USEFUL BASIS FOR THE GOVERNMENT TO FURTHER EXAMINE THE RECOMMENDATIONS IN THESE REPORTS WITH A VIEW TO DECIDING WHAT FOLLOW-UP ACTIONS SHOULD BE TAKEN AND WHEN.
THE NEXT MEETING OF THE ITDC WILL BE HELD IN MAY.
NEW MEMBERS TO EXCHANGE FUND ADVISORY COMMITTEE
THE GOVERNOR HAS APPOINTED THREE NEW MEMBERS TO THE EXCHANGE FUND ADVISORY COMMITTEE.
THEY ARE SIR QUO-WEI LEE, THE CHAIRMAN OF THE HANG SENG BANK LIMITED, MR ZHOU ZHENXING, GENERAL MANAGER OF THE BANK OF CHINA HONG KONG BRANCH AND MR ANTONY LEUNG KAM-CHUNG, COUNTRY CORPORATE OFFICER, HONG KONG OF CITIBANK NA.
YEAR.
THE APPOINTMENTS WILL RUN FOR TWO YEARS FROM MARCH 15 THIS
A NOTICE ANNOUNCING THE APPOINTMENTS WILL BE PUBLISHED IN THE GAZETTE SHORTLY.
/IN WELCOMING