XN000022-1987-03-15 — Page 2

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SUNDAY, MARCH 15, 1987

YEARBOOK FEATURES HK'S ROLE IN WORLD TRADE

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HONG KONG 1987, THE YEARBOOK OF EVENTS IN 1986 PUBLISHED BY THE GOVERNMENT, AND JUST OFF THE PRESS, CARRIES A SPECIAL ARTICLE THIS YEAR, SETTING OUT THE TERRITORY'S RESPONSIBLE ROLE IN THE INTERNATIONAL COMMUNITY OF TRADING NATIONS.

ENTITLED +HONG KONG AS A PARTNER IN WORLD TRADE+ THE CHAPTER ONE FEATURE TAKES THE READER BRIEFLY THROUGH THE VARIOUS STAGES OF HONG KONG'S ECONOMIC HISTORY, TO ITS PRESENT PLACE AS THE 13TH LARGEST TRADING ENTITY IN THE WORLD.

IT DESCRIBES HONG KONG'S EARLY DAYS, FROM +A BARREN ROCK WITH HARDLY A HOUSE UPON IT+, THROUGH ITS DEVELOPMENT AS AN ENTREPOT, MAINLY FOR THE CHINA TRADE, AND TO ITS EARLY INDUSTRIALISATION IN THE 1950'S, UP TO ITS PRESENT STAGE OF SOPHISTICATION IN BOTH THE MANUFACTURING AND THE SERVICE SECTORS.

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THE ARTICLE IS A TIMELY REMINDER IN THESE PRESENT TIMES OF GROWING CONCERN OVER PROTECTIONISM, THAT THE FREE ENTERPRISE SYSTEM, WHEN LEFT TO AN ENERGETIC AND IMAGINATIVE PEOPLE, BACKED BY A STABLE ADMINISTRATION, OFFERS THE BEST BASIS FOR ECONOMIC SUCCESS, BOTH LOCALLY AND ON AN INTERNATIONAL SCALE.

TO ILLUSTRATE THE ARTICLE, A COLOURFUL END-PAPER MAP ENTITLED +HONG KONG BUYING FROM THE WORLD+ HAS BEEN INCLUDED IN THE YEARBOOK. IT DEPICTS HONG KONG'S OPEN MARKET POLICY OF BUYING PRODUCTS FROM ALL OVER THE WORLD.

OF GENERAL INTEREST ALSO WILL BE A NEW CHAPTER GIVING DETAILS OF THE IMPLEMENTATION DURING THE YEAR OF THE SINO-BRITISH JOINT DECLARATION ON THE FUTURE OF HONG KONG.

PICTORIALLY, TEN SECTIONS OF HONG KONG 1987 HAVE BEEN DEVOTED TO CAPTURING THE RANGE OF EXPRESSIONS AND THE MOOD OF THE PEOPLE IN SOME OF THEIR EVERYDAY ACTIVITIES, AS WELL AS THE MAIN EVENTS AND HAPPENINGS IN HONG KONG OVER 1986.

THERE IS ALSO A FRONTISPIECE SHOWING THE ARRIVAL OF THE ROYAL YACHT BRITANNIA, WHICH BROUGHT THE QUEEN AND PRINCE PHILIP TO HONG KONG AFTER THE IR HISTORIC VISIT TO CHINA.

READERS WILL ALSO NOTE THE NEW +COFFEE-TABLE+ APPROACH TO THE PRESENTATION OF THE PICTURES WHICH, IN THE DOUBLE SPREADS, PROVED TECHNICALLY MORE DEMANDING THAN USÚAL.

IN KEEPING WITH THE PRACTICE WHICH HAS CONSISTENTLY MADE THE YEARBOOK THE LOCAL BESTSELLER, OTHER CHAPTERS PROVIDE A WIDE COVERAGE OF BOTH GOVERNMENT AND COMMUNITY ACTIVITIES. THE REPORT COMPRISES 364 PAGES, INCLUDING COMPREHENSIVE STATISTICS AND AN INDEX.

THE YEARBOOK