XN000022-1989-09-26 — Page 4

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TUESDAY, SEPTEMBER 26, 1989

"THE HONG KONG GOVERNMENT WILL JOIN FORCES WITH INDUSTRIALISTS TO COUNTER ALL UNFAIR CHARGES.

ALWAYS, LEAVE

"IN SHORT, WE WILL, AS STRIVE FOR MORE AND BETTER OPPORTUNITIES FOR HONG HE SAID.

NO

STONE UNTURNED ΤΟ KONG BUSINESSMEN,

HONG KONG'S

ECONOMIC

TURNING TO FACTORS CONTRIBUTING TO CONDITIONS, MR CHAN SAID IT WAS COMFORTING TO NOTE THAT THE IMPACT THE PEKING INCIDENT ON HONG KONG'S ECONOMY HAD NOT BEEN AS SERIOUS INITIALLY EXPECTED.

OF

AS

"BUT

OBVIOUSLY SOME

INDUSTRIES ARE

TOURIST INDUSTRY HAS NOT BEEN DOING WELL LATELY, HAVE ADOPTED A CAUTIOUS, WAIT-AND-SEE ATTITUDE,

MR CHAN

KONG'S SAID HONG

ECONOMIC CIRCUMSTANCES BECAUSE AFFECTED BY EXTERNAL POSITION, THE FREE-TRADE POLICY THAT WE UPHELD INTERNATIONAL TRADE.

HARD-HIT; RATHER

THE

AND MANY INVESTORS

** " HE SAID.

PERFORMANCE

OF OUR GEOGRAPHICAL AND OUR RELIANCE ON

WAS EASILY

OUR AFFECT

OPINIONS AND ECONOMY

"THE INTERNATIONAL POLITICAL CLIMATE, DIPLOMATIC OVERALL THE

GLOBAL

CONDITION WILL DIRECTLY OR INDIRECTLY, HE SAID.

ECONOMIC

11

KONG PEOPLE, ESPECIALLY MR CHAN POINTED OUT THAT HONG

LOCAL

AND BUSINESSMEN, WERE CAPABLE OF INDUSTRIALISTS

MEETING THESE IN THE CHALLENGES AS THEY HAD SUCCESSFULLY OVERCOME DIFFERENT TRIALS PAST.

"THE

KONG HONG

GOVERNMENT KONG'S TRADE AND ECONOMIC DEVELOPMENT TERRITORY'S FUTURE.

RECOGNISES

THAT

PROMOTING

ΤΟ IS OF VITAL IMPORTANCE

HONG THE

WORK FOR A

"FOR THIS REASON, WE WILL CONTINUE, AS BEFORE, TO

HELP CONGENIAL INVESTMENT ENVIRONMENT AND INFRASTRUCTURE IN A BID

KONG'S ECONOMY AND TRADE," HE AND SUPPORT THE DEVELOPMENT OF HONG SAID.

KWEI TO SUCCEED BEATON AS DIRECTOR OF HIGHWAYS

THE GOVERNMENT ANNOUNCED TODAY (TUESDAY) THAT MR HAROLD BEATON, ON OCTOBER 18. MR KWEI SEE-KAN, DIRECTOR OF HIGHWAYS WILL RETIRE

DIRECTOR OF PRINCIPAL GOVERNMENT ENGINEER, WILL SUCCEED MR BEATON AS HIGHWAYS.

BRIEF BIOGRAPHICAL NOTES ON THE TWO OFFICERS ARE AS FOLLOWS:

/MR HAROLD ******