XN000022-1980-06-18 — Page 25

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"But Britain's share of manufactured goods in the Hong Kong market

is well above the growth rate. This demonstrates very clearly that Hong Kong

is a very important market for the United Kingdom and also, indeed, for the whole

of the EC, which incidentally is third supplier to Hong Kong after Japan and

Another interesting fact is that Hong Kong is Britain's second market,

next to Japan, in the whole of Southeast Asia and is catching up even on this

China.

performance

very fast indeed.

"As the head of the Hong Kong Trade Development Council, I heartily

welcome Britain's increased share in the Hong Kong market. During my very

long association with the UK, I have read so often in the media many pessimistic

reports emanating from this country but I have been increasingly heartened

and personally delighted to see the positive stand being taken by Her Majesty's

Government in respect of trade and industry, and I assure you, Mr Secretary,

that I personally, together with the Trade Development Council, will give

Britain every support to further improve its economic relations with Hong Kong

and through Hong Kong to China.

"It has become quite clear to me, daring my recent visits to China,

that the basic objectives of that country will be concentrated of communications

In both fields Britain has much to offer. By combining our

resources and telents we will both be able to take advantage of the enormous

opportunities that are being offered,

and energy.

:

To do