XN000022-1985-12-18 — Page 35

WEDNESDAY, DECEMBER 18, 1985

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CLIMATE KIGHT FOR ENTERPRISE - LORD YOUNG

WITH SUCCESS BUILT ON THE FORESIGHT OF ENTREPRENEURS AND THE ADAPTABILITY OF THE POPULATION, THE CLIMATE IN HONG KONG IS RIGHT FOR ENTERPRISE -- LO TAXATION, FIERCE COMPETITION AND LITTLE RED TAPE, BRITISH SECRETARY OF STATE FOR EMPLOYMENT, LORD YOUNG SAID TODAY (WEDNESDAY).

ADDRESSING A LUNCHEON HOSTED BY THE HONG KONG CHAMBER OF COMMERCE, LORD YOUNG PRAISED THE ENTERPRISING SPIRIT AND INNOVATION OF THOSE IN HONG KONG WHO HAD CREATED ENTERPRISE CITY.

LORD YOUNG SAID HE BELIEVED THAT ENTERPRISE WAS ALIVE AND FLOURISHING IN BRITAIN TODAY, AND EMPHASISED THE SUCCESS OF GOVERNMENT'S POLICIES.

HE SAID THE BRITISH GOVERNMENT WAS TAKING ALL THE STEPS NECESSARY TO RE-ESTABLISH THE ENTERPRISE CULTURE IN BRITAIN AND ALREADY THEY WERE STARTING TO SEE SOME OF THE BENEFITS.

+WITH MORE PEOPLE WORKING AS SELF EMPLOYED, UP 30 PER CENT SINCE THE START OF THE LAST DECADE, AND THE HIGHEST FIGURE FOR OVER 60 YEARS, AND IT IS IN THOSE SMALL BUSINESSES THAT INDIVIDUAL CHOICE AND INITIATIVE WILL PROSPER -- JUST AS THEY HAVE DONE IN HONG KONG,+ HE SAID,

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SWITCHING-ON AT CHAI WAN

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A SWITCHING-ON CEREMONY FOR THIS YEAR'S CHRISTMAS AND NEW YEAR LIGHTING DECORATIONS IN CHAI WAK WILL BE HELD AT THE BASKETBALL COURT IN CHA! WAN COMMUNITY CENTRE, 230 CHAI WAN ROAD, ON FRIDAY (DECEMBER 20) AT 7 PM.

OFFICIATING AT THE CEREMONY ILL BE ASSISTANT DISTRICT OFFICEK, DR SIMON VICKERS THE CHAIRMAN OF THE EASTERN DISTRICT BOARD'S COMMUNITY BUILDING COMMITTEE, MR LEE KWONG-LAM; AND SENIOR HOUSING MANAGER, MR YEUNG KWING-CHIU.

NOTE TO EDITORS:

YOU ARE INVITED TO COVER THE EVENT.

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