XN000022-1989-11-27 — Page 3

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N

MONDAY, NOVEMBER 27, 1989

AND EMPLOYERS HAD SIR DAVID DESCRIBED HOW INVESTORS

OVERCOME CHANGING HONG DIFFICULTIES THAT AROSE IN THE 1950'S AND SUCCEEDED IN

DIVERSIFIED MANUFACTURING BASE, BY KONG INTO A LARGE AND

ADAPTING BY CONCENTRATING THEIR THEMSELVES TO A MULTI-STOREY ENVIRONMENT AND

CHANCE OF PRODUCTION IN THOSE ACTIVITIES WHERE THEY HAD A REASONABLE SUCCESS.

IT

TO

"OUR LABOUR FORCE, TOO, IS EQUALLY FLEXIBLE, PARTLY BECAUSE

BAD

WITH IS WILLING TO TAKE

TIMES

THE GOOD WITHOUT RECOURSE PRACTICES AND RESTRICTIVE

INDUSTRIAL

AND ACTION,

PARTLY BECAUSE WORKERS ARE PREPARED TO SHIFT JOBS AND TRADES RAPIDLY,' HE SAID.

THE GOVERNMENT HAD ALSO ADJUSTED TO RAPIDLY REQUIREMENTS.

CHANGING

WE THE GOVERNMENT "THE PHILOSOPHY THAT

IS ADOPT

THAT THE 1F WE TRY GROWTH AND PERFORMANCE OF THE ECONOMY CAN ONLY BE DAMAGED

THE OPERATION OF MARKET TO PLAN THE ECONOMY CENTRALLY OR FRUSTRATE FORCES.

"WE INTERVENE ONLY WHEN IT IS IN THE CLEAR LONG-TERM OF OUR ECONOMY OR SOCIETY TO DO SO," HE SAID.

INTERESTS

MONTH FOR

THE GOVERNOR REFERRED TO THE PLANS HE ANNOUNCED LAST MAJOR EXPANSION OF TERTIARY EDUCATION, UNDER WHICH DEGREE AND PER CENT OF SCHOOL SUB-DEGREE PLACES WOULD BE PROVIDED FOR SOME 25 LEAVERS BY 1994-95.

"THIS IS AN INVESTMENT IN HONG KONG'S FUTURE

A9 DEVELOPMENT ALSO BEEN ANNOUNCED OVER IMPORTANT AS THE MASSIVE PLANS WHICH HAVE

FOR WEEKS

DEVELOPING OUR THE PAST FEW

PORT

NEW AND BUILDING A

INTERNATIONAL AIRPORT, HE SAID.

AS SOME ALREADY COMPLETED PROVISION OF VOCATIONAL,

FULL-TIME EDUCATION WAS ONLY PART OF THE PICTURE; AND 80 PER CENT OF THE WORKFORCE FOR THE YEAR 2000 HAD

THE "SO THEIR EDUCATION, SIR DAVID SAID, TRAINING IS ALSO VITAL FOR OUR FUTURE PROSPERITY."

PLACES 100,000

BEING

THE

REFERRING TO THE

BY PROVIDED VOCATIONAL TRAINING COUNCIL AND OTHER TRAINING AUTHORITIES AT PRESENT, HE SAID THESE FACILITIES WOULD NEED TO BE CONSTANTLY UPGRADED TO FACE WITH TECHNOLOGICAL CHANGE.

KEEP

MAKE SURE THAT OUR "AS WE ENTER THE 1990'S, WE WILL HAVE TO

ADEQUATE TRAINING THAT VOCATIONAL TRAINING SYSTEM CAN PROVIDE

GOES BEYOND THE CONVENTIONAL LECTURE HALL AND WORKSHOP.

"WE AIM TO SET UP A TRAINING PROGRAMME WITH OVERSEAS WORKING THEM LEARN ATTACHMENTS, SPECIFICALLY FOR MID-CAREER MANAGERS, TO LET AT FIRST-HAND NEW PROCESSES AND TECHNOLOGIES THAT CANNOT BE TAUGHT A CLASSROOM," HE SAID.

IN

/IN ADDITION,