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If there is a shortage of skilled and semi-skilled labour, surely
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our answer is in improved productivity. If as I assume we shall continue
The way
to rely on industry as our major source of wealth, surely we must not only
diversify, but move further up the scale of industrial sophistication:
surely,
then we need improved and expanded vocational education.
ahead lies in further and continuing investment in our only natural resource
people.
Some of what I have said earlier tonight, Ir Chairman, may have
sounded depressing. But I have been, of course, talking about Hong Kong,
a community which has overcome seemingly insuperable problems in the past,
when all odds appeared to be against us.
L
It is important to recognise, to face up to, our problems: it is
important to remember our strengths. And as we go into the Eighties we
still have an enormous amount going for us.
Relations with China have never
been better, and although our precise role in the Four Modernisations has
yet to be evolved, there can be no doubt of Hong Kong's economic importance
to China nor of the mutual benefits which will accrue. We have our quite
remarkable labour force, flexible and hard-working; we have businessmen
who are shrewd and able to take advantage of whatever situations arise;
and a Government dedicated to the well-being of the community.
A recipe
which has stood us in good stead in the past and, I have no doubt, will
continue to do so in the years ahead.
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