FRIDAY, MAY 28, 1993

RENEWAL OF CHINA'S MEN TRADING STATUS WELCOMED

INDUSTRY,

FOR TRADE AND

MR THE SECRETARY WELCOMED PRESIDENT CLINTON'S DECISION TO RENEW CHINA'S NATION (MPN) TRADING STATUS FOR ANOTHER YEAR.

MR CHAU SAID:

TH CHAU. HAS MOST FAVOURED

IS GOOD

STATUS "RENEWAL OF CHINA'S MFN TRADING NEWS FOR HONG KONG, THERE ARE TO BE CONDITIONS ON RENEWAL IN 1994 BUT AND CHINA TIME THE PRESIDENT'S DECISION WILL GIVE THE UNITED STATES

RENEWAL. WE HOPE TO DISCUSS THE ISSUES WHICH HAVE BEEN JEOPARDISING THAT THESE DISCUSSIONS WILL BE SUCCESSFUL.

11

ΤΟ

ADVOCATING

GOVERNMENT IS COMMITTED MR CHAU ADDED THAT THE HONG KONG

AS A GENERAL TRADE

PRINCIPLE AND WILL GO ON UNCONDITIONAL RENEWAL OF MFN STATUS FOR CHINA.

FREE

THE UNITED

STATES AND

CHINA ARE HONG

TWO KONG'S

LARGEST

TRADING PARTNERS AND A GOOD RELATIONSHIP BETWEEN THEM WILL BE A VITAL FACTOR IN HONG KONG'S LONG-TERM SUCCESS.

"HONG KONG

INTERESTS IN FREE TRADE IN BETWEEN THE UNITED STATES AND

CLEARLY HAS VITAL GENERAL AND IN GOOD TRADE RELATIONS CHINA IN PARTICULAR," MR CHAU SAID.

THE WORLD HAS AN "BUT WE ARE NOT ALONE IN THIS. THE REST OF INTEREST IN A GOOD RELATIONSHIP BETWEEN

FOREMOST THE WORLD'S FOREMOST INDUSTRIALISING INDUSTRIAL NATION AND THE WORLD'S

NATION,

HE ADDED.

*T

0

EXPERT TALKS ON DEFENOR AND PUBLIC ORDER

*

BRITISH AND MATTERS RELATING HELD IN HONG

AN ELEVENTH ROUND OF TALKS BETWEEN EXPERTS OF THE CHINESE SIDES OF THE JOINT LIAISON GROUP TO DISCUSS TO HONG KONG'S FUTURE DEFENCE AND PUBLIC ORDER WILL BE KONG ON JUNE 1 AND 3.

ALAN

THE BRITISH TEAM WILL BE LED BY BRITISH REPRESENTATIVE MR

REPRESENTATIVE MR LUO PAUL. THE CHINESE TEAM WILL BE LED BY CHINESE JIAHUAN, THEY WILL BE ASSISTED BY EXPERTS FROM THE TWO SIDES.

FIRST QUARTER ECONOMIC REPORT PUBLISHED

THE HONG KONG ECONOMY CONTINUED TO GROW STEADILY IN THE FIRST QUARTER OF THIS YEAR. THE SHARP INCREASE IN EXPORTS, SPECIFICALLY RE- EXPORTS, UNDERPINNED THIS GROWTH.

J

LOCALLY BOTH CONSUMPTION AND INVESTMENT DEMAND SHOW NOTABLE INCREASES, WITH MOST OF THE GREATER IMPORTS.

INCREASES

CONTINUED TO SUPPORTED BY

/THE GROSS

Share This Page