XN000022-1987-11-04 — Page 12

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WEDNESDAY, NOVEMBER 4, 1987

HAD GOVERNMENT TAKING INTO ACCOUNT

GLAD THAT THE ON HOUSING, MR HU SAID HE WAS TURNED TO A MORE DEMAND-ORIENTED HOUSING POLICY, RESIDENTS' INCREASING DESIRE TO OWN THEIR OWN HOME.

CAN HELP TO GENERAL PUBLIC WHICH WILL

"BY PROVIDING RESIDENTS WITH THEIR OWN HOMES, WE CULTIVATE A SENSE OF BELONGING AMONG THE ENCOURAGE THEM TO STAY IN HONG KONG.

"AN

ENLARGED HOME

OWNERSHIP

SCHEME ALSO

ANOTHER SERVES THE PROPERTY MARKET, PURPOSE. IT IS AN EFFECTIVE WAY TO STABILISE

THE PRICE OF BECAUSE THE GOVERNMENT IS IN A POSITION TO ENSURE THAT HOME OWNERSHIP SCHEME FLATS IS WITHIN THE REACH OF THOSE ELIGIBLE IT,

HE SAID.

71

FOR

THAT FUNDS ON SPORTS AND PHYSICAL RECREATION, MR HU REGRETTED

AND ALLOCATED TO SPORTS BODIES WERE BASED ON THE LEVEL PAID YEARS AGO

RATE, WITHOUT TAKING WERE ONLY ADJUSTED TO THE PREVAILING INFLATION INTO ACCOUNT ADDITIONAL ACTIVITIES, NEW DEVELOPMENTS AND THE STRENGTHEN ADMINISTRATION.

NEED TO

GREATER

"TO MERT THE IMPROVING STANDARD OF LIVING AND THUS THE DEMAND FOR SPORTS AND RECREATION, FUNDS PROVIDED TO THE RELATED BODIES ELSE LITTLE HAVE TO BE DEMAND-ORIENTED, BASED ON THE ACTUAL NEED, OR WILL BE ACHIEVED, HE SAID.

SAID THE

PHYSICAL

PLACE SYSTEM SHOULD EDUCATION IN ADDITION, MR HU

RECREATION AND THAT A DETAILED MORE EMPHASIS ON SPORTS AND

SHOULD BE STUDY OF MATTERS RELATING TO PHYSICAL RECREATION AND HEALTH UNDERTAKEN.

DETERMINATION THE FOUNDATION OF CONFIDENCE

AND BRITISH GOVERNMENTS TO THE DETERMINATION OF THE CHINESE

IS THE TERMS OF THE JOINT DECLARATION IMPLEMENT IN EARNEST THE FOUNDATION ON WHICH THE CONFIDENCE OF THE PEOPLE OF HONG KONG AND OF

IION THE WORLD IS BASED, THE COUNCIL TODAY (WEDNESDAY).

WONG

SPEAKING DURING THE ANNUAL

PO-YAN

THE

LEGISLATIVE

IN SAID

DEBATE, POLICY

MR WONG SAID HE GROUP AND THE LAND POSITIVE ROLE IN

AGREED WITH THE GOVERNOR THAT THE JOINT LIAISON COMMISSION WOULD CONTINUE TO PLAY AN EFFECTIVE AND IMPLEMENTING THE JOINT DRCLARATION.

PEOPLE ACTIVITIES,

AND

REFERRING TO THE ECONOMIC SITUATION, MR WONG NOTED THAT

HONG KONG'S ECONOMIC OFTEN SAID IN THE PAST THAT

FLEXIBLE WERE INDUSTRY +

ESPECIALLY THE

MANUFACTURING

ADAPTED EASILY TO THE INFLUENCE OF EXTERNAL CHANGES.

"THIS WAS