XN000022-1990-06-26 — Page 11

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TUESDAY, JUNE 26, 1990

HE SHOWED SLIDES TO ILLUSTRATE THE DEVELOPMENT, AND TOLD HIS AUDIENCE THAT THERE WOULD BE SIX BRIDGES AND UNDERSEA TUNNELS IN THE FIRST STAGE AND SOME 70 KILOMETRES OF ROADS AND RAILWAY.

+

MR BARNES ALSO OUTLINED THE "METROPLAN" AND EMPHASISED THAT SPECIAL ATTENTION WOULD BE PAID TO THE POSSIBILITY OF GREATER USE OF UNDERGROUND CAVERNS WHICH WERE A NEW, BUT VERY PROMISING, DEVELOPMENT OPTION IN HONG KONG.

"WE HAVE ALSO PAID FAR GREATER ATTENTION ΤΟ CONSERVATION OF OUR URBAN LANDSCAPE," HE SAID.

MR BARNES SAID NATURE AND HUMAN ENDEAVOURS HAD SECURED FOR HONG KONG A PLACE IN THE ASIA PACIFIC REGION THAT FEW COULD RIVAL.

"WITH THE VERY GOOD PROSPECTS FOR GROWTH IN THIS REGION AND AS ECONOMIES BECOME INCREASINGLY MORE

INTERDEPENDENT

AND POLITICAL AND PHYSICAL BARRIERS BETWEEN COUNTRIES CRUMBLE; THERE IS GREATER SCOPE THAN EVER FOR HONG KONG TO PLAY ITS PART ON THE WORLD STAGE," HE SAID.

"THE MANY PLANS

FOR ECONOMIC AND SOCIAL DEVELOPMENT DEMONSTRATE A SENSE OF PURPOSE AND A DETERMINATION TO PROVIDE A SOLID FOUNDATION UPON WHICH THE HONG KONG PEOPLE CAN BUILD A BRIGHT TOMORROW, MR BARNES ADDED.

PROVISIONAL TRADE FIGURES FOR MAY RELEASED

* * *

*

MAY

RELEASED TODAY

THE PERFORMANCE OF HONG KONG'S EXTERNAL TRADE IMPROVED IN

ΤΟ THE PROVISIONAL TRADE FIGURES 1990, ACCORDING (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

FOR

THE

OF HAVING DECLINED

SIX CONSECUTIVE MONTHS,

VALUB OVER A YEAR DOMESTIC EXPORTS SHOWED A MODERATE INCREASE IN MAY 1990

MOREOVER, THE VALUE EARLIER.

OF RE-EXPORTS RECORDED SUBSTANTIAL

GROWTH.

OVER THE SAME

MILLION,

THE VALUE OF IMPORTS ALSO GREW SIGNIFICANTLY PERIOD, REFLECTING IN PART THE INCREASE IN RETAINED IMPORTS.

THE VALUE OF DOMESTIC EXPORTS IN MAY 1990 WAS $18,826

1989, WHILE THE $1,131 MILLION OR 6.4 PER CENT HIGHER THAN IN MAY

CENT TO VALUE OF RE-EXPORTS INCREASED BY $6,879 MILLION OR 24.6 PER $34,892 MILLION.

THE VALUE OF TOTAL EXPORTS (DOMESTIC EXPORTS PLUS AT $53,718 MILLION IN MAY 1990, WAS THUS $8,010 MILLION CENT HIGHER THAN IN MAY 1989.

RE-EXPORTS), OR 17.5

PER

/THE VALUE