XN000022-1986-03-11 — Page 7

TUESDAY, MARCH 11, 1986

OTHER CHAPTERS PROVIDE A DETAILED ACCOUNT OF PROGRESS IN SUCH FIELDS AS EDUCATION, SOCIAL WELFARE. MEDICAL AND HEALTH SERVICES, HOUSING, TRANSPORT, INDUSTRY, AND PUBLIC ORDER.

THE SUBJECTS COVERED IN THE 10 SECTIONS OF COLOUR PICTURES RANGE FROM DEVELOPMENTS IN TRANSPORT TO THE WATCHES AND CLOCKS INDUSTRY, IN WHICH HONG KONG LEADS THE WORLD IN EXPORTS, ONE SECTION ILLUSTRATES HOW STATUE SQUARE HAS CHANGED OVER THE YEARS, AND ANOTHER IS DEVOTED TO FLOWERS.

THE YEARBOOK IS PRODUCED BY THE GOVERNMENT INFORMATION SERVICES, ASSISTED BY THE CHINESE LANGUAGE DIVISION OF THE ADMINISTRATIVE SERVICES AND INFORMATION BRANCH, AND IS PRINTED BY THE GOVERNMENT PRINTER.

CHEONG-LEEN TO STEP DOWN AFTER FIVE YEARS ******

MR HILTON CHEONG-LEEN TODAY ANNOUNCED HE WOULD NOT SEEK RE-ELECTION AS THE CHAIRMAN OF THE URBAN COUNCIL AFTER FIVE YEARS IN THE TOP POST.

IN A STATEMENT AT THE COUNCIL'S MONTHLY MEETING THIS AFTERNOON, MR CHEONG-LEEN SAID HE WOULD, HOWEVER, CONTINUE TO SERVE THE COUNCIL AS A BACK-BENCHER AFTER HAVING BEEN RE-ELECTED LAST THURSDAY FOR ANOTHER THREE-YEAR TERM.

MR CHEONG-LEEN, WHO HAS BEEN AN ELECTED URBAN COUNCILLOR SINCE 1957, SAID +ALREADY ONE YEAR AGO I HAD INTIMATED TO A FEW SENIOR COLLEAGUES THAT I WAS CONSIDERING NOT TO SEEK RE-ELECTION AS CUC IN 1986. THIS VIEW WAS FURTHER REINFORCED WHEN I WAS ELECTED LATER IN THE YEAR TO LEGCO THROUGH THE URBCO ELECTORAL COLLEGE.

+1 HAVE ENJOYED EVERY DAY OF MY FIVE YEARS AS CUC. IN MY FIRST YEAR OF OFFICE URBCO'S BUDGET FOR 1981 YEAR WAS 9919.8 MILLION WITH CAPITAL WORKS STANDING AT $145.8 MILLION. FOR THIS YEAR, COMMENCING APRIL 1, 1986, COUNCIL'S BUDGET WILL BE $2 059.6 MILLION, WITH AN ESTIMATED SURPLUS OF $26.0 MILLION, AND CAPITAL WORKS STANDING AT $302.9 MILLION. THIS WILL BE THE FIRST TIME IN COUNCIL'S HISTORY THAT OUR BUDGET WILL EXCEED $2 BILLION.

+ THE INCREASE IN THE ANNUAL BUDGET AND CAPITAL WORK FIGURES BETWEEN 1981 AND 1986 REPRESENT AN INCREASE OF 124% AND 108% RESPECTIVELY.

/+WE CAN