XN000022-1988-11-10 — Page 10

THURSDAY, NOVEMBER 10, 1988

DONE TRADE

MR CHENG SAID THAT OVER THE PAST FEW YEARS, HONG KONG HAD A LOT TO DEVELOP ITS EXPORTS TO EUROPE AND JAPAN, AND BOTH THE

OF TRADE AND INDUSTRY HAD DEVELOPMENT COUNCIL AND THE DEPARTMENTS WORKED CLOSELY IN PROMOTING TRADE DEVELOPMENT.

HOWEVER,

STILL SOME

CONFUSION "THERE IS, RESPECTIVE ROLES. THIS SITUATION REQUIRES FURTHER EFFORTS AND RESOURCES ARE BEING UTILISED ON A HE SAID.

THEIR ON ABROAD REVIEW ΤΟ ENSURE COST-EFFECTIVE BASIS,

**

TRADE DELEGATIONS

BE

THAT MORE MR CHENG ALSO SUGGESTED ORGANISED WITH A BROADER-BASED PARTICIPATION THAN BEFORE.

SENIOR OPERATING LEVELS FROM THIS WILL RESULT IN INVESTMENT AND IN

"WE NEED TO ASSEMBLE PEOPLE AT TRADE, MANUFACTURING AS WELL AS SERVICE SECTORS.

IN FOREIGN A HIGHER SUCCESSFUL CONVERSION INCREASED TRADE,' HE SAID.

RATE

SAID THE GOVERNMENT SHOULD

AS

ON THE LABOUR SHORTAGE, MR CHENG KEEP AN OPEN MIND AND EVALUATE PROVEN IDEAS FROM OTHER PLACES SUCH THOSE IMPLEMENTED IN SINGAPORE AND IN GUAM.

A BUILD TEAM TO WORK LEAVE UPON THE

INVESTOR WHO DECIDES ΤΟ "FOR EXAMPLE, ANY FOREIGN HOTEL IN GUAM, I WAS TOLD, CAN BRING IN A CONSTRUCTION ON THE PROJECT WITH THE CONDITION THAT THE TEAM MUST COMPLETION OF THE PROJECT,' HE SAID.

"

ON THE WORK OF THE COMMITTEE

ON

LOOK

SCIENCE MORE AT

AND

TECHNOLOGY,

MR

NEW AREAS, SUCH AS

CHENG SAID THE COMMITTEE SHOULD BIOTECHNOLOGY, RATHER THAN TRYING TO PLAY "A CATCH-UP GAME".

MANUFACTURING WITH MORE AND MORE

ACROSS MOVING

THE BORDER,

DESIGN AND THIS PART OF

THERE WAS ALSO AN OPPORTUNITY FOR HONG KONG TO BECOME THE QUALITY CONTROL CENTRE FOR MANY PRODUCTS EXPORTED FROM THE WORLD TO NORTH AMERICA AND EUROPE.

REFERRING

ΤΟ IMPROVEMENTS

SUGGESTED

AND "TIGRR"

OF LIFE KONG NEEDED A

TO THE QUALITY

HONG THAT

ENVIRONMENT, MR CHENG PROGRAMME WITH "REAL TEETH" TO COMBAT POLLUTION.

AT THE WAS FOR

IN

IN THE AREA OF CULTURE, RECREATION AND SPORTS, HE SAID FIRST FINANCE COMMITTEE MEETING HE WAS SURPRISED HOW EASY IT

ΤΟ OBTAIN MILLIONS ORGANISATIONS TWO SUBSIDISED CULTURAL ADDITIONAL FUNDS BECAUSE THEY HAD FAILED TO MAKE ENDS MEET.

WORLD, BUSINESS IN THE

ONE

BUDGET. ΤΟ ACCORDING MANAGEMENT CONCERNED,'

"I

MUST

WAS SACKED

THE QUESTION

FOR

NOT CREDIBILITY

DELIVERING

OF

THE

·

HE SAID.

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