XN000022-1987-11-04 — Page 48

WEDNESDAY, NOVEMBER 4, 1987

48

OFFICES;

OF

THE

VOLUME I OF THE SURVEY OFFICE REPORT WILL BE AVAILABLE FREE

AT THE DISTRICT (THURSDAY) CHARGE FROM TOMORROW

OFFICE BUILDING, GOVERNMENT PUBLICATIONS CENTRE AT THE GENERAL POST CONNAUGHT PLACE, CENTRAL; AND THE MARKETING OFFICE OF THE INFORMATION SERVICES DEPARTMENT, NO. 1 BATTERY PATH, CENTRAL. A TOTAL OF 160,000 COPIES (120,000 IN CHINESE AND 40,000 IN ENGLISH) HAS BEEN PRINTED FOR THIS PURPOSE.

III

WHICH CONTAIN

SUPPORTING AND II VOLUMES APPENDICES WILL BE AVAILABLE FOR PERUSAL AT THE DISTRICT PUBLIC LIBRARIES.

DETAILS AND OFFICES AND

"RESTRICTIVE TRADE MEASURES DO NOT PAY"

THE EXPORT OF TEXTILES AND CLOTHING

PRODUCTS

FROM ASIA INTO

TO SEVERE RESTRAINTS AND MANY INDUSTRIALISED COUNTRIES IS SUBJECT

THE SECRETARY HONG KONG IS NATURALLY CONCERNED ABOUT SUCH PRESSURES, FOR TRADE AND INDUSTRY, MR HAMISH MACLEOD, SAID TODAY (WEDNESDAY).

TEXTILES

THE INTERSTOFF SAIA '87 CLOTHING

AND

SPEAKING AT THE OPENING CEREMONY OF EXHIBITION,

SAID HONG KONG'S MR MACLEOD INDUSTRIES HAVE LONG BEEN A MAINSTAY OF THE LOCAL ECONOMY.

OVER 40 PER CENT OF THE TOTAL "TOGETHER THEY ACCOUNT FOR

CLOTHING EMPLOYMENT IN OUR MANUFACTURING INDUSTRIES, AND TEXTILES AND

CENT OF HONG KONG'S DOMESTIC PRODUCTS ALSO CONSTITUTE SOME 40 PER EXPORTS.

CONTINGENT UPON THE MR MACLEOD SAID AS THE ABILITY TO BUY IS

THE BUYER AND ABILITY TO SELL, IT WOULD BE IN THE INTEREST OF BOTH

INCREASED TRADE BOTH WAYS: THE SELLER ALIKE TO ENSURE

BY LETTING THROUGH OPPORTUNITIES BE EXPLOITED BY MARKET FORCES WITHOUT HINDRANCE PROTECTIONISM.

HE URGED BUSINESSMEN FROM ALL OVER THE WORLD TO BRING HOME MESSAGE THAT RESTRICTIVE TRADE MEASURES DO NOT PAY.

THE

NOT ONLY THE WORLD'S BIGGEST MR MACLEOD SAID HONG KONG WAS

OF TEXTILES GARMENT EXPORTER, IT WAS ALSO THE THIRD LARGEST IMPORTER AND EIGHTH LARGEST IMPORTER OF CLOTHING.

HE SAID HONG

KONG'S

ACCESSORIES WERE

MOVING

OWN INCREASINGLY

FABRICS,

MATERIALS

AND

ITS

FASHION GARMENT

AND UP-MARKET INDUSTRY WAS EVER ON THE LOOKOUT FOR HIGH FASHION FABRICS TO MEET NEEDS OF ITS MANY MARKETS.

THE

/49