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THURSDAY, AUGUEN 25.
THE ECIC WAS ESTABLISHED BY THE GOVERNMENT IN 1966 TO OFFER PROTECTION TO EXPORTERS AND MANAUFACTURERS OF HONG KONG AGAINST LOSSES DUE TO NON-PAYMENT FOR GOODS OR SERVICES EXPORTED ON CREDIT TERMS. THE GOVERNMENT GUARANTEES ITS LIABILITIES UP TO $4 200 MILLION.
ALTHOUGH GOVERNMENT-OWNED, THE ECIC OPERATES IN A COMMERCIAL MANNER, UNDERWRITING EACH RISK ON ITS OWN MERITS.
THE AVERAGE PREMIUM RATE IS CURRENTLY ABOUT 60 CENTS FOR EVERY $100 WORTH OF INSURED EXPORTS. COVER INCLUDES BUYER INSOLVENCY, DEFAULT, AND REPUDIATION OF CONTRACT, AS WELL AS SUCH COUNTRY RISKS AS WAR, IMPORT BANS OR BLOCKAGE OF FOREIGN EXCHANGE.
+YOUTH CRIME FIGURES COMPARATIVELY LOW+
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ALTHOUGH HONG KONG HAD AN UNUSUALLY HIGH YOUTH POPULATION. OUR YOUTH, AND JUVENILE, CRIME STATISTICS WERE LOW WHEN COMPARED WITH OTHER MAJOR POPULATION CENTRES THROUGHOUT THE WORLD, THE COMMISSIONER OF POLICE, MR RAYMON ANNING, SAID TODAY (THURSDAY).
HOWEVER, HE SAID HE WAS DETERMINED THAT THE POLICE WOULD DO EVERYTHING IN THEIR POWER TO KEEP YOUTH CRIME FIGURES AS LOW AS POSSIBLE AND HE HAD EVERY CONFIDENCE THAT JUNIOR POLICE CALL, AS IT HAD DONE IN THE PAST, WOULD PLAY AN IMPORTANT PART IN HELPING THEM ACHIEVE THAT AIM.
MR ANNING WAS SPEAKING AT A LUNCH PRECEDING THE 15TH JUNIOR POLICE CALL CENTRAL COUNCIL MEETING,
TALKING ABOUT THE ROLE OF YOUTH IN MODERN SOCIETY, MR ANNING SAID: "THERE IS NO DOUBT YOUNG PEOPLE TODAY, COMPARED TO THOSE WHEN I WAS YOUNG, ARE MORE WILLING TO CHALLENGE AUTHORITY, ARE MORE READY TO STAND UP FOR THEIR RIGHTS, ARE LESS LIKELY TO FOLLOW THE OLD DICTUM OF DON'T DO AS I DO, DO AS I TELL YOU** AND ARE MORE CLOSELY INVOLVED IN THE AFFAIRS OF THE COMMUNITY THAN WE WERE EVER ALLOWED TO BE.''
CONTRARY TO SOME SWEEPING PRONOUNCEMENTS ON THE SHORTCOMINGS OF THE YOUNGER GENERATION, HE SAID THAT THE VAST MAJORITY OF HONG KONG'S YOUNG PEOPLE WERE DECENT, LAW-ABIDING AND FUN-LOVING AND, THEY TOOK A HEALTHY INTEREST IN WHAT WAS GOING ON AROUND THEM AND LOOKED TO THE FUTURE WITH FIRM CONFIDENCE.
/ON THE
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