XN000022-1979-01-19 — Page 16

Daily Information Bulletin 新聞公報 All

PR 13

H

香港政府

GIS

新聞處

DAILY INFORMATION BULLETIN

SUPPLEMENT

Friday, January 19, 1979

EMBARGOED NEWS ITEM:

NOTE TO EDITORS

The following news item is embargoed for release at 9.30 p.m. today (Friday)...

-

SPEECH BY THE GOVERNOR, SIR MURRAY MACLEHOSE, G.B.E., K.C.M.G., K.C.V.O., TO THE GENERAL CHAMBER OF COMMERCE : JANUARY 19, 1979

Since I last spoke to you Hong Kong has proceeded on what has

been a fairly prosperous course. In 1978 our domestic exports up to

November grew in money terms by 16 per cent, our overall exports by

20 per cent, revenue is buoyant, the GDP for 1978 looks as if it will be

comfortably over the 9 per cent increase forecast.

Though an undesirably large proportion of this is due to

domestic consumption rather than exports, and the imbalance in the

economy to which I referred last year has increased.

back to this

and I will come

nevertheless for the time being most sectors of the

population have enjoyed a high level of prosperity.

New

The fight

We have

Our social programmes have surged forward on course.

construction, both public and private, is ubiquitous. The state of the

Police Force and of law and order have continued to improve.

against drug addiction is showing encouraging signs of success.

detected no regression in the great improvement achieved in reducing

corruption in public life. Generally speaking a year of success and

progress, with some signs of strain in the economy.

/The aspect

Issued by Government Information Services, Beaconsfield House, Hong Kong. Tel: 5-233191

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