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(b)
(c)
(d)
In recent years, Hong Kong's fishing fleet has become more modern, with the addition of vessels of improved design equipped with more powerful engines and more modern navigational aids, fish finding devices and mechanical gear. This has enabled local fishermen to extend their operations further afield in the region. Hong Kong's total capture fisheries production has been maintained at about 200,000 tonnes a year over the past five years. Some 90% of the catch is captured outside Hong Kong.
The Government's policy towards the fishing industry is to promote the development of the industry and the sustainable use of fisheries resources, with a view to maintaining a steady supply of fresh marine fish for local consumers. This policy is implemented through the provision of technical assistance and support services, such as fishing vessel design; loans and vocational training for fishermen to improve productivity and wholesale fish markets. The industry does not receive subsidies. As further contributions to the long term sustainable development of the fishing industry, the Government has commissioned a consultancy study on fisheries resources, is establishing marine parks and reserves and will soon begin deployment of artificial reefs. The Government also participates in regional forums and liaises with neighbouring countries with a view to promoting effective management of fisheries resources and control of destructive fishing practices.
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Being affected by the weather and the uncertainty of consistently good catches, fishing is generally perceived to be a business with an unsteady income and therefore a relatively less attractive home for the capital of major investors than many of the other business opportunities available in Hong Kong. Individual Hong Kong fishermen have nonetheless become better entrepreneurs. Many have moved from operating small inshore vessels to large and sophisticated trawlers fishing in distant waters and operate their vessels in groups to achieve more productive
retums.