53 -

Reply:

The APEC Economic Leaders' Meeting held on November 15, 1994 in Bogor, Indonesia, issued a Declaration of Common Resolve which, among other things, set a goal of free trade in the Asia-Pacific region, to be achieved by 2010 for industrialised economies and by 2020 for developing economies. Detailed proposals to implement this goal, including the definition of free trade, will be considered by officials of APEC member economies this year and then submitted to the APEC Economic Leaders for their decision at their next meeting, to be held in Osaka, Japan, in November 1995.

The Hong Kong Government believes that "free trade", as reflected in the free trade policy practised by Hong Kong, means the complete absence of barriers, whether in the form of customs tariff, quotas or other restrictions, to the free flow of goods and services across borders.

End/Wednesday, February 15, 1995

Supply of student hostels

Following is a question by the Hon Timothy Ha Wing-ho and a written reply by the Acting Secretary for Education and Manpower, Miss Jacqueline Willis, in the Legislative Council today (Wednesday):

Question:

Owing to a sharp increase in university places in recent years, the supply of student hostels has fallen short of the demand. In view of this, will the Government inform this Council :-

(a)

of the respective expected numbers of hostel places to be provided by each of the University Grants Committee funded tertiary institutions for its students on bachelor's, master's and doctoral degrees and other courses in the current academic year, together with a breakdown of the actual provision of hostel places in each of these institutions;

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