THURSDAY, SEPTEMBER 30, 1993
"THE TDS REVIEW
IMPLICATIONS WILL HAVE SIGNIFICANT
DR PUN SAID. FUTURE PLANNING AND DEVELOPMENT OF HONG KONG,
ON THE
BE
"THERE ARE MANY ASPECTS WHICH MAY BE OF CONCERN TO INDIVIDUALS,
PUBLIC VIEWS WOULD BUSINESS CONCERNS AND COMMUNITY ASSOCIATIONS. USEFUL IN HELPING GOVERNMENT FINALISE THE STRATEGY FORMULATION.
"THEIR
PATTERNS STRATEGY PROCESS.
Tr
SUGGESTIONS ON THE FUTURE DEVELOPMENT DIRECTIONS
PARTICULAR
OF HONG KONG OR COMMENTS ON REVIEW WOULD ALSO PROVIDE IMPORTANT INPUTS
AND
ASPECTS
TO THE
OF
THE STUDY
BE MODIFIED AND FOLLOWING A
HE SAID PROPOSED DEVELOPMENT OPTIONS WOULD BROUGHT TOGETHER TO FORM PREFERRED OPTIONS FOR THE TDS THREE-MONTH PUBLIC CONSULTATION PERIOD.
OF
"THE
AIM IS TO COMPLETE THE TDS REVIEW EXERCISE BY THE NEXT YEAR, HE SAID.
||
MIDDLE
MEMBERS OF THE PUBLIC ARE INVITED TO FORWARD THEIR VIEWS ON THE DEVELOPMENT OPTIONS TO THE PLANNING DEPARTMENT BEFORE THE END OF DECEMBER THIS YEAR.
TDS
0
HK COMMITTED TO FREE TRADE
FREE HONG KONG'S ECONOMIC SUCCESS IS DUE TO ITS COMMITMENT TO
THE
SECRETARY, FINANCIAL
MR HAMISH MACLEOD, SAID TODAY
TRADE, (THURSDAY, U.S. TIME).
SPEAKING
COUNCIL
AT THE LUNCHEON MEETING OF THE WORLD AFFAIRS OF PHILADELPHIA IN THE UNITED STATES, HE NOTED THAT HONG KONG AND THE U.S. SHARED THE SAME COMMITMENT TO FREE TRADE AND THE SUCCESSFUL CONCLUSION OF THE URUGUAY ROUND WOULD BE VITAL FOR HONG KONG, THE U.S. AND THE WORLD.
THE FINANCIAL SECRETARY ALSO POINTED OUT THAT THE PRESENTED A MAJOR OPPORTUNITY FOR AMERICAN BUSINESSMEN,
"HONG
IMPORTS MORE
U.S. GOODS PER
ASIA-PACIFIC
KONG
CAPITA COUNTRIES. IN TOTAL, HONG KONG IMPORTED US$5 BILLION WORTH FROM USA IN 1992," HE SAID.
THAN MOST OF GOODS
FURTHERMORE, ABOUT 70 PER CENT OF AMERICAN FIRMS WITH FAR EAST HEADQUARTERS HAVE THEM IN HONG KONG.
"IT IS ALSO INTERESTING TO NOTE THAT MORE THAN 30 PER CENT U.S. EXPORTS TO CHINA PASS THROUGH HONG KONG," HE ADDED.
OF
LOOKING AHEAD, MR MACLEOD BELIEVED THAT THE STRENGTH KONG'S ECONOMY WOULD CONTINUE.
OF HONG
WERE HE SAID,
HONG THE REASONS FOR THIS OPTIMISTIC OUTLOOK,
STRONG ECONOMIC
STRONG FOREIGN CURRENCY KONG'S
FUNDAMENTALS; ITS
NEW AIRPORT AND THE MASSIVE INVESTMENT IN THE RESERVES SITUATION;
POLICY RELATED
OF PROJECTS, AND
GOVERNMENT'S THE CONTINUATION OF MINIMUM INTERFERENCE AND MAXIMUM SUPPORT.
/HOWEVER, HE