XN000022-1988-10-21 — Page 3

-

2

FRIDAY, OCTOBER 21, 1988

ANOTHER IMPORTANT LINK ESTABLISHED WITH GUANGDONG: SIR DAVID

*

ANOTHER IMPORTANT LINK

PROVINCE WHICH

PLAYS A VITAL

HAS BEEN

PART

ESTABLISHED WITH GUANGDONG ECONOMIC RELATIONSHIP THE GOVERNOR, SIR DAVID

THE IN BETWEEN HONG KONG AND CHINA, THE DEPUTY TO FORD, SAID TODAY (FRIDAY).

SPEAKING

AT

OF THE HONG SAID THE MAJOR BETWEEN

THE INAUGURATION CEREMONY KONG-GUANGDONG OPTICAL FIBRE CABLE SYSTEM, SIR DAVID FACILITY WOULD GREATLY EXPAND THE SCOPE OF TELECOMMUNICATIONS HONG KONG AND GUANGDONG PROVINCE.

CENTRE IN ASIA, HONG

WITHIN

"AS A LEADING FINANCIAL AND COMMERCIAL KONG DEPENDS ON EFFICIENT AND RELIABLE TELECOMMUNICATIONS BOTH THE TERRITORY AND WITH ITS TRADING PARTNERS.

IN

OUR

ECONOMIC

PROSPERITY

IS

THE

"CLEARLY, A KEY ELEMENT GROWTH OF HONG KONG ECONOMIC RELATIONS WITH CHINA," SIR DAVID SAID.

HE SAID HONG KONG AND CHINA WERE EACH OTHER'S PARTNERS, AND THE NEIGHBOURING PROVINCE OF GUANGDONG PART IN THIS ECONOMIC RELATIONSHIP.

LARGEST TRADING PLAYED A VITAL

"MUCH OF

HONG

KONG'S

INVESTMENT

GUANGDONG PROVINCE, EMPLOYING DIRECTLY AND 1.5 MILLION PEOPLE.

IS

CONCENTRATED

IN THE INDIRECTLY IN EXCESS OF

THE

"THROUGH OUR ECONOMIC RELATIONSHIP WITH GUANGDONG AND WITH

SET TO BECOME A MAJOR REST OF CHINA, HONG KONG IS

AND ECONOMIC THE WORLD," SIR DAVID FINANCIAL LINK BETWEEN CHINA AND THE REST OF SAID.

HE SAID THE NEW OPTICAL FIBRE CABLE SYSTEM WOULD

BENEFIT IMPORTANT STEP IN FOSTERING THAT LINK, TO THE KONG AND CHINA.

BE ONE MORE OF BOTH HONG

THAT WE

KEEP

"HONG KONG'S CONTINUED ECONOMIC GROWTH REQUIRES PACE WITH THE INCREASING SOPHISTICATION OF TELECOMMUNICATION SERVICES.

"THIS NEW COVERING VOICE, TRANSMISSIONS.

DATA

HIGH-CAPACITY SYSTEM PROVIDES

AND VIDEO

DIGITAL

OR

CAPABILITY ANY COMBINATION OF THESE

"IT IS A MAJOR STEP

AN TOWARDS

EVEN MORE BETWEEN SYSTEM TELECOMMUNICATIONS COST-EFFECTIVE GUANGDONG," SIR DAVID SAID.

EFFICIENT HONG KONG

AND

AND

(HONG

OF CABLE AND WIRELESS THE NEW SYSTEM IS THE COMBINED EFFORT KONG) AND THE GUANGDONG POSTS AND TELECOMMUNICATIONS ADMINISTRATIVE BUREAU.

13