XN000022-1988-03-01 — Page 3

2

TUESDAY, MARCH 1, 1988

1

**WE ARE ALSO FORTUNATE IN THAT OUR

POSITION ALLOW

ANY TO OFFSET STRATEGIC

OVERSEAS BRAINS' STAYING INCREASING NUMBER OF KONG, HE ADDED.

STRONG

ECONOMY AND

US

LOSS LOCAL AND WORKING

IN

WITH AN HONG

ON THE QUESTION OF CAPITAL OUTFLOW, MR LO SAID IT WAS A NATURAL PHENOMENON OF A STRONG ECONOMY THAT ENTREPRENEURS SHOULD DIVERSIFY,

WAS GOING INTO CHINA

AND MUCH OF THE CAPITAL LEAVING HONG KONG ACCOUNTING FOR MORE INVESTMENT THERE THAN ALL OTHER EXTERNAL INVESTORS IN CHINA PUT TOGETHER.

AT THE SAME

INVESTMENT IN HONG KONG.

FUNDED

TIME,

THERE HAD BEEN "LAST

HE YEAR, REGISTERED IN HONG

"

NO SAID,

DEARTH OF CAPITAL "240 NEW FOREIGN KONG (WHILE) RETAINED

H

WERE COMPANIES

IMPORTS OF CAPITAL GOODS GREW BY 25 PER CENT.'

IMPORTANCE

MR LO CONCLUDED: "THE CONTINUING THE ASIA-PACIFIC REGION, AND THE POTENTIAL OF CHINA, BASIS FOR THE CONTINUING PROSPERITY OF HONG KONG,"

AND DYNAMISM OF A SOLID PROVIDE

GOVERNMENT COMMITTED TO IMPROVING QUALITY OF LIFE

* * *

THE GOVERNMENT IS COMMITTED TO IMPROVING THE QUALITY OF LIFE IN HONG KONG AND THIS MEANS, AMONG OTHER THINGS, THE CREATION OF A HEALTHY ENVIRONMENT FREE FROM POLLUTION.

THIS WAS STATED TODAY (TUESDAY) BY THE SECRETARY FOR HEALTH AND WELFARE, MR JOHN CHAMBERS, AT THE OPENING OF "INTERNATIONAL WATERTECH", THE FIRST WATER POLLUTION TECHNOLOGY EXHIBITION STAGED THE FAR EAST.

IN

FOR

"AS COUNTRIES IN THE REGION BEGIN TO RECOGNISE THE HUMAN AND

COSTS ECONOMIC

OF POLLUTION, THERE 18 AN INCREASING NRED TECHNOLOGY TO HELP THEM COMBAT THE GROWING THREAT TO THE ENVIRONMENT," MR CHAMBERS SAID.

AS A RESULT, BE ADDED, THE ENVIRONMENTAL PROTECTION DEPARTMENT HAD INCREASED ITS STAFFING AND

BY OVER FOUR TINES IN RECENT YEARS.

PAPENDITURE

"SPECIAL ATTENTION IS NOW BRING HIVEN TO CONTROLE. | NG DISCHARGE OF UNTREATED, SOMETIMES TOXIC, KASTES FROM FACTOR FES THE UNCONTROLLED DISPOSAL OF LIVESTOCK WASTE, HE SAID.

THR

AND

I

+1

/MR CHAMBERS