XN000022-1978-04-28 — Page 11

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FRIDAY, APRIL 28, 1978

HE TOLD THOSE TAKING PART IN THE SYMPOSIUM THAT BECAUSE THEY ARE ENGINEERS THEIR DISCIPLINES ARE ESSENTIAL TO HONG KONG

INDUSTRY'S FURTHER EVOLUTION: FEW INDUSTRIES CAN OPERATE SUCCESSFULLY WITHOUT EMPLOYING THEIR SKILLS AND KNOWLEDGE IN SOME FORM OR OTHER.

+YOU THEREFORE BRING TO A SYMPOSIUM SUCH AS THIS A WIDE KNOWLEDGE OF HONG KONG INDUSTRY AND, WHAT IS MOST IMPORTANT. AN AWARENESS OF THE RESOURCES IT HAS, OR LACKS, TO KEEP GOING THE NATURAL PROCESS OF DIVERSIFICATION WHICH IS REALLY

ANOTHER NAME FOR ECONOMIC OR INDUSTRIAL EVOLUTION. +

+ I HOPE THAT YOU WILL CONSIDER NOT JUST THE POSSIBILITIES FOR FURTHER DIVERSIFICATION BUT WHAT, WITH YOUR SPECIAL KNOWLEDGE, YOU THINK IS LIKELY TO HAPPEN WHETHER IT IS DESIRABLE OR NECESSARY THAT EXISTING POLICIES SHOULD BE MODIFIED OR NEW POLICIES INTRODUCED TO FACILITATE THE PROCESS WHETHER, FOR INSTANCE. THE DEVELOPMENT OF TECHNICAL EDUCATION IS ADEQUATE FOR THE FUTURE PATTERN YOU SEE EVOLVING, AND WHETHER THE SUPPORTING SERVICES ARE ADEQUATE OR NEED FURTHER EXPANSION OR DEVELOPMENT, + HE SAID.

+ IF YOU PROVIDE REASONED AND KNOWLEDGEABLE ANSWERS TO QUESTIONS SUCH AS THESE YOU WILL BE MAKING A VALUABLE CONTRIBUTION TO INFORMED. DISCUSSION OF DIVERSIFICATION OF HONG KONG

INDUSTRY.+

GOVERNMENT ACCOUNTS FOR FEBRUARY

*****

THE HONG KONG GOVERNMENT ACCOUNTS FOR THE MONTH OF FEBRUARY, 1978, SHOW A SURPLUS OF $440.1 MILLION, COMPARED WITH A SURPLUS OF $288.2 MILLION IN FEBRUARY, 1977. THIS HAS RESULTED IN A SURPLUS OF $1,396.8 MILLION FOR THE FIRST 11 MONTHS OF THE 1977/78 FINANCIAL YEAR, COMPARED WITH A SURPLUS OF $874.1 MILLION FOR THE SAME PÉRIOD LAST YEAR.

TOTAL EXPENDITURE, AT $662.2 MILLION, WAS $120.4 MILLION MORE THAN IN FEBRUARY, 1977.

TOTAL REVENUE AND RECEIPTS, AT #1,102.3 MILLION, $272.3 MILLION MORE THAN FOR THE SAME MONTH IN 1977.

WERE

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