THURSDAY, JANUARY 25, 1979
3
FUEL AND LIGHT
135
134
135
134
133
134
ALCOHOLIC DRINKS
AND TOBACCO
147
147
137
142
142
133
CLOTHING AND
FOOTWEAR
107
107
103
106
106
102
DURABLE GOODS
119
118
110
117
116
107
MISCELLANEOUS
GOODS
137
137
125
135
134
122
TRANSPORT AND
VEHICLES
128
128
117
130
130
121
SERVICES
140
139
133
141
140
134
ALL ITEMS
127
127
117
128
127
118
THE C.P.I. (A) IS BASED ON WEIGHTS DERIVED FROM THE EXPENDITURE OF HOUSEHOLDS SPENDING BETWEEN $400-$1,499 A MONTH AND THE C.P.I. (B), BETWEEN $1,500-$2,999 A MONTH IN THE HOUSEHOLD EXPENDITURE SURVEY, 1973/74.
IMPROVING ECONOMIC RELATIONS WITH JAPAN
*****
PLANNING IS WELL ADVANCED FOR A CONTINUED DRIVE TO BOOST EXPORTS TO JAPAN AND ENCOURAGE JAPANESE INVESTMENT IN HONG KONG INDUSTRY, ACCORDING TO HONG KONG COMMISSIONER OF INDUSTRY, MR. BILL DORWARD.
MR. DORWARD WAS COMMENTING ON THE REPORT ON LAST NOVEMBER'S HIGH-LEVEL HONG KONG ECONOMIC MISSION TO JAPAN. THE REPORT WAS ISSUED TODAY (THURSDAY) BY THE TRADE, INDUSTRY AND CUSTOMS DEPARTMENT WHICH JOINTLY ORGANISED THE MISSION WITH THE TRADE DEVELOPMENT COUNCIL.
THE MISSION, HEADED BY SIR Y.K. KAN, WAS ALSO JOINED BY THE GOVERNOR, SIR MURRAY MACLEHOSE FOR TWO DAYS OF HIGH-LEVEL TALKS WITH JAPANESE GOVERNMENT AND BUSINESS LEADERS.
MR. DORWARD SAID THE MISSION MARKED THE START OF AN ONGOING PLAN OF PROMOTIONAL ACTIVITIES.
+A ONE TIME SHOT IS NOT ENOUGH, HE SAID, IT IS THE FOLLOW UP THAT COUNTS.+
THE REPORT RECORDS VARIOUS SUGGESTIONS THAT WERE MADE TO THE MISSION ON HOW TO ACHIEVE ITS AIMS. THE MOST NOTABLE OF THESE WAS THE PROPOSAL BY THE JAPANESE FOREIGN MINISTER, MR. SONODA, THAT A JOINT HONG KONG-JAPAN COMMITTEE SHOULD BE SET UP.
SIR Y.K. KAN AND MR. DORWARD RETURNED TO TOKYO IN DECEMBER FOR FURTHER DISCUSSIONS OF THIS PROPOSAL AND IT IS REPORTED THAT PROGRESS HAS BEEN MADE TOWARDS ITS EARLY ESTABLISHMENT.
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