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It was obvious that China understood and had always understood the Hong Kong way of doing business, he pointed out.
Citing examples, Mr Hui said both the Sino-British Joint Declaration and the Basic Law included extensive references to the maintenance of the current social and economic systems in Hong Kong, and the references to economic and financial matters were particularly extensive and detailed.
Another example was the heavy representation from the business and professional sectors, which, together constituted over 70 per cent of the Hong Kong contingent on the Preparatory Committee.
"This in fact, has been a cause for criticism from some quarters, but I dare say that businessmen are not complaining," Mr Hui said.
"Criticisms apart, this is yet another clear articulation of the importance China attaches to the business sector for the maintenance of prosperity and stability in Hong Kong.
"The fact is that business, commerce and trade have been integral parts of Hong Kong's success, and China would like to see Hong Kong continue to be successful," Mr Hui said.
End
Reply to critic of scale fees abolition proposal
The Attorney General, Mr Jeremy Mathews has replied to the President of the Law Society, Mr Roderick Woo regarding the views of the Vice President of the English Law Society, Mr Robert Sayer against abolition of scale fees in conveyancing work. The views of Mr Sayer were enclosed in a letter to Mr Mathews by Mr Woo, and enclosed in Mr Woo's newsletter to Law Society members.
In his response Mr Mathews pointed out that in recent years, England had suffered its worst recession this century and this had inevitably affected solicitors in many areas of their work. The volume of domestic conveyancing halved between 1988 and 1992 and prices fell in real terms between 1986 and 1993 by 45 per cent.