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"Innovation has served us well. Our engineers, our designers and our entrepreneurs have manufactured products that compete confidently with the best in the world.

"But innovation constantly requires to be refreshed with inspiration and to be united with the business disciplines of planning, of financial monitoring and of marketing, if it is to maintain success and keep that competitive advantage which is so crucial," Mr Patten added.

The Government will, therefore, allocate $210 million from the Industrial Support Fund next month for projects that promote industrial and technological development.

Later this year, the Applied Research Council will be established to help promote technological research between Hong Kong and China.

End/Tuesday, March 14, 1995

Joint Liaison Group expert talks on air services

The Sino-British Joint Liaison Group (JLG) will hold expert talks on air services in Hong Kong tomorrow (March 15).

The British team will be led by Mr Alan Paul, representative of the British side of the JLG, and the Chinese team by Mr Wang Weiyang, representative of the Chinese side of the JLG.

End/Tuesday, March 14, 1995

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