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SUNDAY, SEPTEMBER 19, 1993
STUDY ON METALS AND LIGHT INDUSTRIES BEING EXAMINED
THE INDUSTRY DEPARTMENT IS EXAMINING THE RECOMMENDATIONS IN ITS SECOND TECHNO-ECONOMIC AND MARKET RESEARCH STUDY ON THE METALS AND LIGHT INDUSTRIES, THE DEPUTY DIRECTOR-GENERAL OF INDUSTRY, MR RICKY FUNG, SAID TONIGHT (SUNDAY).
CEREMONY OF
SPEAKING AT THE 63RD ANNIVERSARY AND INAUGURATION THE 49TH COMMITTEE MEMBERS OF THE HONG KONG METAL MERCHANTS ASSOCIATION, MR FUNG SAID THE REPORT OF THE STUDY WAS BEING REVIEWED BY THE METALS COMMITTEE OF THE INDUSTRY AND TECHNOLOGY DEVELOPMENT COUNCIL (ITDC).
THE REPORT WAS
EXPECTED TO BE SUBMITTED TO THE ITDC AND VARIOUS GOVERNMENT DEPARTMENTS CONCERNED FOR CONSIDERATION BY THE END OF YEAR, HE SAID.
THE MAIN AREAS OF STUDY INCLUDED METAL PRODUCTS, INDUSTRIAL MACHINERY, LINKAGE INDUSTRIES AND THE IMPORTANCE OF THE APPLICATION OF NEW TECHNOLOGIES.
ON HONG KONG'S INDUSTRIAL DEVELOPMENT, MR FUNG SAID WITH THE OPENING OF CHINA'S ECONOMY IN RECENT YEARS, HONG KONG'S INDUSTRIES HAD STARTED MOVING NORTHWARDS.
"HOWEVER, THE RELOCATION OF INDUSTRIES TO SOUTH CHINA SHOULD BE REGARDED AS AN EXPANSION OF HONG KONG'S INDUSTRIAL BASE.
"THE MOVING OF LABOUR-INTENSIVE OPERATIONS INTO CHINA ENABLES LOCAL WORKERS TO ENGAGE IN OTHER EXPANDING INDUSTRIES AND THOSE INDUSTRIES REMAINING IN HONG KONG TO FOCUS ON THE PRODUCTION OF HIGHER VALUE-ADDED AND HIGH QUALITY PRODUCTS, HE SAID.
HONG KONG WILL CONTINUE TO PLAY A MAJOR ROLE IN INVESTMENT, MANAGEMENT, PRODUCT DESIGN AND DEVELOPMENT, MARKETING AND RE-EXPORT, MR FUNG SAID.
HE NOTED THAT MANUFACTURERS HAD ΤΟ OBTAIN THE NECESSARY
TECHNICAL SUPPORT IN ORDER TO DEVELOP IN THE DIRECTION OF HIGH TECHNOLOGY.
FOR THE METALS INDUSTRY, THE ACQUIRING OF ADVANCED METAL CUTTING AND PROCESSING TECHNOLOGY, HEAT TREATMENT TECHNOLOGY AS WELL AS THE UNDERSTANDING OF THE CHARACTERISTICS OF VARIOUS RAW STEEL WERE OF PARAMOUNT IMPORTANCE, MR FUNG SAID.
"AS CHINA'S ECONOMY
BECOMING IMPORTANT TO DEVELOPMENT, HE ADDED.
"
BOOMS, HONG KONG'S METALS INDUSTRY IS
INFRASTRUCTURAL
CHINA'S
AND
INDUSTRIAL
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