XN000022-1988-03-15 — Page 8

Daily Information Bulletin 新聞公報 All

7

TUESDAY, MARCH 15, 1988

THAT MR MACLEOD NOTED

OF CLOTHING,

HONG ALTHOUGH

THE ENVIRONMENT

KONG

LARGEST EXPORTER MANUFACTURERS OPERATED WAS A DIFFICULT ONE.

THEY HAD TO OPERATE

PROTECTIONIST

AGAINST A BACKGROUND

MEASURES FROM GROWING THREATS OF INCREASING COMPETITION FROM NEIGHBOURING COUNTRIES.

THE

WAS

WORLD'S IN WHICH CLOTHING

OF RISING COSTS, MAJOR MARKETS AND

QUALITY OF THEIR "THEY MUST CONSTANTLY STRIVE TO UPGARDE THE

AND PRODUCTION

MARKETING

AND IMPROVE THEIR

TECHNIQUES, PRODUCTS, INCREASE PRODUCTIVITY, IF THEY ARE TO MAINTAIN THEIR COMPETITIVENESS, HE SAID.

..

GOVERNMENT

RECOGNISED THAT

AND CLOTHING

HAD IT TEXTILES INDUSTRIES

AN

то

THE MR MACLEOD SAID IMPORTANT ROLE IN HELPING THE OVERCOME THE BARRIERS TO GROWTH.

COMBAT "WHILE THE GOVERNMENT IS DETERMINED TO DO ALL IT CAN TO

WE ARE THE THREAT OF PROTECTIONIST MEASURES IN OUR OVERSEAS MARKETS, ALSO KEEN TO REMOVE OTHER MORE TECHNICAL BARRIERS TO EXPANSION CLOTHING INDUSTRY," HE ADDED.

BY THE

HK WORKS HARD TO LIBERALISE WORLD TRADE

ROUND HONG KONG IS WORKING HARD IN THE GATT'S CURRENT URUGUAY

IMPROVE OF MULTILATERAL TRADE NEGOTIATIONS TO LIBERALISE WORLD TRADE,

IN THE MULTILATERAL TRADING MARKET ACCESS AND STRENGTHEN DISCIPLINE SYSTEM, THE DIRECTOR OF TRADE, MR MICHAEL SZE, SAID TODAY (TUESDAY).

TO THE CHINESE ASSOCIATION COMPANIES, MR SZE SAID ANY INTENSIFICATION OF

IN A SPEECH

WOULD AFFECT

GENERALLY.

PROSPECTS FOR HONG

KONG'S

OF DEPOSIT-TAKING PROTECTIONIST MEASURES EXPORTS AND WORLD TRADE

"PROTECTIONISM ABOUNDS

-

TARIFFS

BUT

IN

ARRANGEMENTS;

OBSCURE

FORM OF NOT ONLY IN THE

RESTRAINTS; ORDERLY MARKETING 'VOLUNTARY' EXPORT

DISTRIBUTION SYSTEM; AND

QUOTAS

AND

ADMINISTRATIVE

GUIDANCE," HE SAID.

ON THE

TRADE PROSPECTS

1988, FOR

MR

SZE

NOTED

THAT THE

FINANCIAL SECRETARY HAS FORECAST AN OVERALL INCREASE DOMESTIC EXPORTS OF ONLY SIX PER CENT.

IN HONG KONG'S

"WITHIN THIS FIGURE, THE OUTLOOK HE SAID.

TWO MARKETS: JAPAN AND CHINA,

13

RELATIVELY

BRIGHTER FOR

/HE SAID

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