XN000022-1989-08-25 — Page 11

FRIDAY, AUGUST 25, 1989

10

GOVT WELCOMES ROYAL VISIT

TODAY (FRIDAY) WELCOMED

THE PRINCE AND PRINCESS OF

THE

SPOKESMAN

A GOVERNMENT ANNOUNCEMENT BY BUCKINGHAM PALACE THAT WALES WOULD VISIT HONG KONG,

THEIR ROYAL HIGHNESSES WILL BE IN HONG KONG FROM NOVEMBER 8

ΤΟ

10.

DETAILS OF THE ROYAL COUPLE'S PROGRAMME WILL

BE ANNOUNCED IN

DUE COURSE.

POWER COMPANY MEETS DEMANDS OF A ROBUST ECONOMY: SES

LOWER

YEARS HAS INCREASED ELECTRICITY CONSUMPTION IN THE PAST FIVE BY OVER EIGHT PER CENT ANNUALLY WHILE CHARGES IN REAL TERMS ARE THAN THEY WERE IN 1983 AFTER TAKING INFLATION INTO ACCOUNT.

SAID THIS THE SECRETARY FOR ECONOMIC SERVICES. MRS ANSON CHAN,

"ELECTRICITY AND YOU" TODAY (FRIDAY) AT THE OPENING CEREMONY OF THE

LIMITED AT EXHIBITION ORGANISED BY THE CHINA LIGHT AND POWER COMPANY THE OCEAN TERMINAL.

ECONOMY

"ELECTRICITY STOKES THE ENGINE OF ECONOMIC GROWTH. OUR

CENT PER ANNUM IN REAL HAS ENJOYED ROBUST GROWTH AVERAGING 11 PER

MRS CHAN SAID. TERMS OVER THE PAST THREE YEARS.

I

"THANKS

TO SOUND

AND FORWARD-PLANNING

PRUDENT

CHINA LIGHT AND POWER CO., LTD. HAS BEEN ABLE TO ANTICIPATE THE INCREASING DEMAND FOR ELECTRICITY AT COSTS THAT MUST BE OF MANY OTHER COUNTRIES.

中醫

INVESTMENT.

AND MEET THE ENVY

THE COMING DECADE. CHINA

AND LIGHT MRS CHAN NOTED THAT IN

FACILITIES TO MEET POWER WOULD CONTINUE TO INVEST IN NEW GENERATING THE NEEDS OF THE COMMUNITY AND INDUSTRY.

SAID.

"INVESTMENTS AMOUNTING TO $60

BILLION ARE ANTICIPATED,' SHE

14

"THIS

BEARS

AMPLE

TESTIMONY TO

THE

CONFIDENCE SHAREHOLDERS, BOTH LOCAL AND OVERSEAS. CONTINUE TO HAVE IN THE TERM FUTURE AND PROSPERITY OF HONG KONG,"

ON ELECTRICAL SAFETY, MRS CHAN SAID BEEN AWARE OF PUBLIC CONCERN OVER THIS.

WHICH LONGER

THE

GOVERNMENT HAD LONG

/"FOLLOWING A ...................