XN000022-1990-01-25 — Page 5

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THURSDAY, JANUARY 25,

LAST MONTH

DECEMBER 1989

NOVEMBER

HK$ MN.

1989 HK$ MN.

INCREASE

HK$ MN.

%

DOMESTIC EXPORTS

19.915

19,412

503

2.6

(% OF TOTAL EXPORTS)

(40.2%)

(39.2%)

RE-EXPORTS

29,587

30,046

-459

-1.5

TOTAL EXPORTS

49,502

49,458

44

0.1

IMPORTS

47,445

46,344

1,101

2.4

TRADE BALANCE

2,057

3.114

-1,057

JAN-DEC

LAST 12 MONTHS

1989

JAN-DEC

1988

INCREASE

HK$ MN.

HK$ MN.

HK$ MN.

%

DOMESTIC EXPORTS

224,104

217,664

6,440

3.0

(% OF TOTAL EXPORTS)

(39.3%)

(44.1%)

RE-EXPORTS

346,405

275,405

71.000

TOTAL EXPORTS

570,509

493,069

25.8 77.440 15.7

IMPORTS

562,782

498,798

63,984

12.8

TRADE BALANCE

7,727

-5,729

13,456

LEGISLATIVE PROPOSALS FOR SETTING UP HRCAA

1990

THE GOVERNMENT

TODAY (THURSDAY) PUBLISHED TN THE GAZETTE LEGISLATIVE PROPOSALS TO SET UP THE HONG KONG COUNCIL FOR ACADEMIC ACCREDITATION (HKCAA).

THE HONG KONG COUNCIL FOR ACADEMIC ACCREDITATION BILL 1990 WILL BE INTRODUCED INTO THE LEGISLATIVE COUNCIL ON FEBRUARY 14.

THE RKCAA WILL CARRY OUT ACADEMIC ACCREDITATION OF LOCAL NON-UNIVERSITY INSTITUTIONS TO ENSURE THAT THE ACADEMIC STANDARDS OF THEIR DEGREE-LEVEL PROGRAMMES ARE COMPARABLE TO THOSE RECOGNISED

INTERNATIONALLY.

"THE ESTABLISHMENT OF THE HRCAA CONCLUDES THE WORK OF THE PROVISIONAL HONG KONG COUNCIL FOR ACADEMIC ACCREDITATION APPOINTED IN

1987 TO SET UP THE PERMANENT COUNCIL. A GOVERNMENT SPOKESMAN SAID.

"THE BILL SETS OUT THE HKCAA'S FUNCTIONS, OF WHICH THE MAIN ONES ARE ACADEMIC ACCREDITATION, DISSEMINATION OF INFORMATION ON ACADEMIC STANDARDS, AND

OF RELATIONSHIPS WITH ACCREDITING BODIES OUTSIDE HONG KONG.

ESTABLISHMENT

/"UNDER THE