TUESDAY, SEPTEMBER 5, 1989
"THE SECOND NETWORK WILL BE AN ALTERNATIVE DATA
AS
SUCH IN
IT WILL THE
VITAL
AND GREATLY FIELD
FACSIMILE ENHANCE OF DATA
TRANSMISSION FACILITY. TELECOMMUNICATIONS COMPETITION COMMUNICATION, ON WHICH THE BUSINESS WORLD IS INCREASINGLY RELIANT,
NETWORK, SECOND
THE
SUPPLY
AND PRICING
DIVERSITY WILL BE MORE
OF
"WITH A NON-FRANCHISED SERVICES WILL BE INCREASED AND MARKET-ORIENTATED.
WILL IN TURN IMPROVE "ENHANCED COMPETITION IN DATA SERVICES THE COMPETITIVE EDGE OF COMMERCIAL ENTERPRISES OPERATING IN HONG KONG.
AS
MAJOR ATTRACTIVENESS AND CAN ONLY
KONG'S ADD TO HONG INTERNATIONAL COMMERCIAL AND FINANCIAL CENTRE," SHE SAID.
CHAN SAID EVENTS
TAKING STOCK OF THE ECONOMIC SITUATION, MRS IN TIANANMEN SQUARE HAD BEEN A SOBERING EXPERIENCE FOR US ALL.
A
"OUR CONFIDENCE HAS
TAKEN
VERY
NATURAL AND RIGHT THAT WE SHOULD LOOK TO
AND
IT IS SEVERE KNOCK THE TWO SOVEREIGN POWERS.
TO RESTORE OUR GOVERNMENTS. CHINESE THAT IS TO THE
THEIR COMMITMENT CONFIDENCE AND TO DEMONSTRATE IN MORE TANGIBLE WAYS TO THE FUTURE PROSPERITY OF HONG KONG.
BRITISH
AND
COMFORT FROM THE RATHER BETTER
"AT THE SAME TIME, I THINK WE CAN TAKE SOME FACT THAT ON THE WHOLE WE HAVE COME OUT OF THIS CRISIS THAN MOST OF US WOULD HAVE EXPECTED," SHE SAID.
REMAIN FUNDAMENTALS
STRONG AND ITS
HONG KONG'S ECONOMIC PROSPECTS OVER THE LONGER TERM WERE GOOD, MRS CHAN NOTED.
THE PACE OF OUR "WE ARE NEARER TO A CONSENSUS ON DEVELOPMENT THAN WE HAVE EVER BEEN AT ANY TIME IN THE PAST.
POLITICAL
INDEED EVENTS IN
"OUR FINANCIAL SYSTEMS ARE ON
THE IN HELD TOGETHER VERY WELL CHINA, SHE ADDED.
A IMMEDIATE
SOUNDER
FOOTING AND
AFTERMATH
OF
HONG KONG AND TO LIKELY WERE AND
MUTUALLY BENEFICIAL ECONOMIC RELATIONS BETWEEN
OF WAYS VARIETY CHINA WERE CONTINUING STRENGTHEN.
IN A
DISRUPTIONS IN
CHINA,
LATTER THE
SHE POINTED OUT THAT APART FROM SOME TEMPORARY
TRADE WITH KONG'S JUNE, HONG THE EARLY PART OF OUTWARD PROCESSING TRADE, FULLY RESUMED BY MONTH.
INCLUDING PART OF THE
OF 31 PER
TRADE WITH CENT
"IN THE FIRST HALF OF THIS YEAR, HONG KONG'S TOTAL
$192.8
AN INCREASE BILLION, CHINA WAS VALUED AT COMPARED WITH THE SAME PERIOD IN 1988.
BILLION.
11
AN SHE
"TRADE IN JUNE AND JULY THIS YEAR AMOUNTED TO $60 INCREASE OF 23 PER CENT COMPARED WITH THE SAME MONTHS LAST YEAR. SAID.
/MRS CHAN
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