5
THURSDAY, NOVEMBER 23, 1989
FURTHERMORE, SIR PIERS POINTED OUT THAT HONG KONG IN SOME INDUSTRIES HAD BECOME THE CENTRE OF A WORLDWIDE DISTRIBUTION SYSTEM, TAKING ORDERS, PLACING THEM WITH MANUFACTURERS. SOURCING FROM MORE THAN ONE COUNTRY AND GUARANTEEING QUALITY AND DELIVERY ON TIME AT AGREED PRICE ON THE OTHER SIDE OF THE GLOBE.
AN
11 PUT SIMPLY, HONG KONG IS THE BASE OF AN EXTENDED PRODUCTION NETWORK, IN TRADING AND SERVICES, THE CONTINUOUS UPGRADING OF OPERATIONS THROUGH MORT WIDESPREAD OFFICE AUTOMATION AND USE OF COMPUTERS AND BETTER MANAGEMENT METHODS HAS ENABLED THE COMPANIES CONCERNED TO KEEP ABREAST OF COMPETITION.
"AND OUR MARKETS AND RANGE OF AVAILABLE SERVICES ARE BEING DIVERSIFIED SO AS TO WIDEN THE SCOPE FOR GROWTH.
"THESE EFFORTS WILL BE IN KEEPING WITH HONG KONG'S POSITION AS THE HUB OF BUSINESS IN THE ASIA-PACIFIC REGION." HE SAID.
HE POINTED OUT THAT THE OPPORTUNITIES OFFERED BY THE INDUSTRIALISED AND DEVELOPING ECONOMIES IN SOUTH-EAST ASIA AND AROUND THIS PART OF THE PACIFIC RIM SHOULD NOT BE UNDERESTIMATED.
'WE HAVE SEEN OUR EXPORTS TO JAPAN GROWING OVER THE LAST COUPLE OF YEARS OR SO. CLEARLY THERE REMAINS GREAT POTENTIAL IN THAT MARKET IF WE CAN LEARN TO EXPLOIT IT. HE SAID.
"
HE ADDED THAT HONG KONG'S TRADITIONAL MARKETS. THE UNITED STATES. THE EUROPEAN ECONOMIC COMMUNITY. WOULD CONTINUE ΤΟ BE THE MAINSTAY OF OUR EXPORT TRADE.
ON THE GOVERNMENT'S ROLE. STR PIERS SAID HONG KONG HAD TRADITIONALLY PURSUED A POLICY OF MINIMUM INTERVENTION IN THE ECONOMY.
"THERE IS. HOWEVER, A VERY REAL ROLE FOR THE PLAY IN TERMS OF SUPPORT AND FACILITATION," HE SAID.
GOVERNMENT ΤΟ
"AS YOU KNOW, THE GOVERNMENT HAS BEEN INVESTING HEAVILY IN OUR INFRASTRUCTURAL DEVELOPMENT. IN EDUCATION. AND IN VARIOUS OTHER PROGRAMMES. ALL WITH A VIEW TO ENHANCING THE PRODUCTIVE CAPACITY AND THE PRODUCTIVITY OF THE ECONOMY. HE ADDED.
||
"IT IS CLEAR TO ALL THAT WHAT WE ARE TALKING ABOUT IS A PROGRAMME DESIGNED TO CARRY HONG KONG FORWARD WELI. INTO THE NEXT CENTURY.
HE SAID. ADDING THAT
THE GLOBAL MARKET PLACE. COMMUNICATIONS. WERE ALL IMPORTANT AND BONG KONG HAD NO INTENTION OF LAGGING BEHIND IN PROVIDING THEM.
TR
IN CONCLUSION, SIR PIERS SUGGESTED TAKING A LONGER TERM VIEW HONG KONG'S ECONOMIC AND BUSINESS DEVELOPMENT AND ITS HUMAN DIMENSION.
OF
1 DELIEVE THAT OPTIMISM FOR THE FUTURE."
IF YOU DO SO, YOU WILL SHARE HE SAID.
/6
WITH
וי
ME MY
No comments yet.
Private notes are available after approval.