XN000022-1989-06-27 — Page 2

TUESDAY, JUNE 27. 1989

GOVERNOR STRESSES VITAL ROLE FOR INDUSTRY IN MAINTAINING PROSPERITY

HONG KONG'S MANUFACTURING INDUSTRY MUST BE MORE AND MORE INNOVATIVE TO REMAIN COMPETITIVE, PRODUCE MORE EFFICIENTLY AND ADD GREATER VALUE TO ITS PRODUCTS, THE GOVERNOR, SIR DAVID WILSON, SAID TODAY (TUESDAY).

"NOW, MORE THAN EVER, THIS IS IMPORTANT IF WE ARE ΤΟ MAINTAIN OUR PROSPERITY IN DIFFICULT TIMES," HE SAID.

AWARD

SPEAKING AT THE FIRST PRESENTATION CEREMONY OF THE GOVERNOR'S FOR INDUSTRY, SIR DAVID POINTED OUT MANUFACTURERS LIVED BY THEIR ABILITY TO EXPORT.

THAT

"WE FACE INCREASING COMPETITION IN ALL OUR MARKETS. OUR CUSTOMERS EXPECT EVER HIGHER STANDARDS SAID.

OF

HONG KONG'S

MAJOR EXPORT QUALITY, HE

***

THE GOVERNOR

SO FAR, HONG KONG MANAGED ΤΟ HOLD IT'S OWN, SAID. BUT HE ADDED THAT ALTHOUGH EXPORTS IN RECENT YEARS HAD REACHED RECORD LEVELS. WE COULD NOT SIMPLY DRAW COMFORT FROM THIS.

FOR ITS PART, THE GOVERNMENT WAS COMMITTED TO ASSISTING THE MANUFACTURING INDUSTRY TO MAINTAIN HIGH PRODUCTIVITY AND HIGH GROWTH RATES, AND TO ACHIEVE IMPROVEMENTS IN THE QUALITY OF PRODUCTS AND IN CREATIVITY OF DESIGN.

SIR DAVID SAID HE HAD ENCOURAGED THE SETTING UP OF GOVERNOR'S AWARD FOR INDUSTRY TO PROMOTE THE RECOGNITION OF THE ELEMENTS OF PRODUCT COMPETITIVENESS

ORIGINALITY, PRODUCTIVITY QUALITY.

KEY AND

"AWARD WINNERS WILL RECEIVE A TROPHY TO MARK THEIR ACHIEVEMENT. THEY WILL ALSO BE ENTITLED TO DISPLAY THE SYMBOL OF THE GOVERNOR'8 AWARD FOR A PERIOD OF THREE YEARS.

"THE SYMBOL WILL BECOME KNOWN BOTH INSIDE AND OUTSIDE HONG KONG AS A MARK OF EXCELLENCE, HE SAID.

THIS YEAR, AWARDS ARE MADE IN TWO CATEGORIES: CONSUMER PRODUCT DESIGN, AND MACHINERY AND EQUIPMENT DESIGN.

NEXT YEAR, THERE WILL ALSO BE AWARDS FOR PRODUCTIVITY AND QUALITY MANAGEMENT.

"THE IMPORTANCE OF EFFICIENT AND ATTRACTIVE DESIGN IN CONSUMER PRODUCT IS SELF-EVIDENT. THE DESIGN OF THE MACHINERY AND EQUIPMENT USED IN THE MANUFACTURING SECTOR MAKES A CRUCIAL CONTRIBUTION TO THE SUCCESS OF AN ENTERPRISE.

"OUTSTANDING DESIGN IN THIS AREA, THEREFORE, ALSO DESERVES RECOGNITION," THE GOVERNOR SAID.

/SIR DAVID