TRIPLE PACK

THURSDAY, JANUARY 27, 1994

10

THIS PACK, ALSO ON SALE ONLY AT THE EXHIBITION, CONTAINS ONE EACH OF THE STAMP PRODUCTS RELEASED FOR HONG KONG 194. THEY INCLUDE:

*

$10 DEFINITIVE STAMP SHEETLET (NO. 6) "VISIT HONG KONG 194":

$5 DEFINITIVE STAMP SHEETLET (NO. 8) "A STAMP IS BORN"; AND

HOLOGRAM POSTCARDS SERIES NO. 1 AND 2.

THE SELLING PRICE IS $40 PER PACK.

EXHIBITION PASSPORT

SOCIETY.

THIS IS A PRODUCT ISSUED BY THE HONG KONG PHILATELIC IT WILL BE MADE AVAILABLE FOR SALE ONLY AT THE EXHIBITION VENUE.

GOVT HELPS TECHNOLOGY ADVANCEMENT

* * * * *

THE GOVERNMENT HAS A CRUCIAL ROLE TO PLAY IN HELPING THE MANUFACTURING SECTOR TO MOVE UP THE TECHNOLOGY AND VALUE-ADDED LADDER, THE DIRECTOR-GENERAL OF INDUSTRY. MISS DENISE YUE. SAID TODAY

(THURSDAY).

SPEAKING AT A LUNCHEON OF THE HONG KONG GENERAL CHAMBER OF HAD EMBARKED COMMERCE, MISS YUR SAID IN RECENT YEARS, THE GOVERNMENT ON A NUMBER OF INITIATIVES TO SUPPORT THE DEVELOPMENT AND APPLICATION OF INDIGENOUS TECHNOLOGIES.

"ONE SUCH INITIATIVE IS THE ESTABLISHMENT OF THE TECHNOLOGY CENTRE, WHICH IS ALREADY PROVIDING INCUBATION FOR TECHNOLOGY-BASED START-UP COMPANIES, AND WHICH WILL PURPOSE-BUILT PREMISES LATER THIS YEAR.

"ANOTHER IS THE $200 MILLION APPLIED RESEARCH AND

SCHEME, ESTABLISHED A YEAR AGO, ΤΟ PROVIDE MATCHING

INDUSTRIAL FACILITIES

MOVE

INTO

DEVELOPMENT FINANCIAL

ASSISTANCE TO LOCAL COMPANIES IN THEIR PURSUIT OF DOWNSTREAM RESEARCH AND PRODUCT DEVELOPMENT, SHE SAID.

THE

APPROVAL

SO FAR, $15 MILLION HAVE BEEN APPROVED FOR FOUR PROJECTS.

MISS YUE SAID A THIRD INITIATIVE WAS, SUBJECT TO OF THE LEGISLATIVE COUNCIL, THE PROVISION OF AN ADDITIONAL $180 MILLION

THE COMING FINANCIAL YEAR FOR INDUSTRIAL SUPPORT PROGRAMMES.

IN

TRADE SUBMIT

AND

NOTING THAT THE FUND WOULD BE OPERATED ON AN APPLICATION BASIS,

INDUSTRY-SUPPORT MISS YUE URGED ORGANISATIONS SUCH AS

BODIES, AND INDUSTRY ASSOCIATIONS AND HIGHER EDUCATION INSTITUTIONS TO PROPOSALS WHICH WOULD BE BENEFICIAL TO THE INDUSTRIAL TECHNOLOGICAL DEVELOPMENT IN HONG KONG.

/ALL SUBMISSIONS

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