8-
"This would enable officials to obtain a better understanding of real estate operation in the Chinese capital,
"Site visits made during the stay will enable Hong Kong officials to obtain first- hand information on the development and various land-use plans. The delegation will also study the land value assessment of the capital and draw comparisons with practises in Hong Kong.
"The visit will surely strengthen communication link between senior officers of the Hong Kong and Chinese Governments in land matters," the spokesman added.
End Tuesday, June 20, 1995
9.98% to 10.14% pay adjustment for civil servants
As advised by the Executive Council, the Administration today (Tuesday) decided to maintain the offer of a 10.14% pay adjustment for staff of the lower and middle pay bands and 9.98% for staff of the upper pay band and the directorate.
"The Executive Council noted that the staff sides of the four central consultative councils, having considered the prevailing economic circumstances, have agreed to the pay offer. The pay increase is fair and reasonable," the Secretary for the Civil Service, Mr Michael Sze, said.
He said staff sides' responsible attitude and co-operation had facilitated the smooth conduct of this year's pay adjustment exercise.
It is estimated that $7 billion will be required for the pay adjustment for the civil service and subvented organisations in 1995-96.
Subject to the approval of funds by the Finance Committee of the Legislative Council, civil servants will receive the revised salaries at the end of July.
End/Tuesday, June 20, 1995