XN000022-1990-10-31 — Page 25

23

WEDNESDAY, OCTOBER 31, 1990

"OVER THE YEARS, WE HAVE PUT IN PLACE A RANGE OF POLICIES PROGRAMMES WHICH AIM TO REMOVE OBSTACLES TO ECONOMIC PROGRESS AND

MORE PRODUCTIVE, DRIVE TO IN THEIR

BECOME HELP COMPANIES INNOVATIVE AND MORE QUALITY-CONSCIOUS IN SHORT, MORE COMPETITIVE.

AND

ΤΟ

MORE

"AND IN DRAWING UP EACH ELEMENT IN THE OVERALL PICTURE, WE HAVE PLAY IN DETERMINING FULL REGARD TO THE ROLE TECHNOLOGY HAS TO COMPETITIVE STRENGTH," HE SAID.

HAD

ILLUSTRATING THE POINT WITH A FEW EXAMPLES, SIR PIERS SAID, THE AIMED TO ATTRACT NEW ESTATES AT TAI PO AND YUEN LONG INDUSTRIAL INDUSTRIES AND IMPROVED TECHNOLOGIES TO HONG KONG.

A THIRD INDUSTRIAL ESTATE AT TSEUNG KWAN O WILL COME ON IN 1993, HE SAID.

STREAM

FOR A DRAMATIC SCIENCE AND

SIR PIERS SAID THE GOVERNMENT IS PROVIDING EXPANSION IN HIGHER EDUCATION, WITH MANY MORE PLACES IN TECHNOLOGY SUBJECTS.

"WE

INTEND

ALSO TO

STRENGTHEN

BASE RESEARCH THE

IN THE

UNIVERSITIES AND POLYTECHNICS." HE SAID.

THROUGH THE HONG KONG PRODUCTIVITY COUNCIL, WE PROVIDE A OF SERVICES TO ASSIST MANUFACTURERS TO IMPROVE PRODUCTIVITY AND USEFUL TECHNOLOGIES.

HOST ADOPT

AND

UNDER WAY FOR THE INDUSTRIAL IS NOW PLANNING "INTENSIVE TECHNOLOGY CENTRE, WHICH WILL ENCOURAGE TECHNOLOGICAL INNOVATION.

HONG KONG'S TO UPGRADE PROGRAMME SEEKS INVESTMENT OUR INWARD

HE SAID. MANUFACTURING CAPABILITY THROUGH TECHNOLOGY TRANSFER,'

SIR PIERS SAID THIS APPROACH HAD SERVED HONG KONG WELL, AND THE "LAGGING BEHIND" ITS TOO COMMON PERCEPTION THAT HONG KONG WAS NEIGHBORING ECONOMIES DID NOT STAND UP TO CLOSE INSPECTION.

ALL

"LOOK AT OVERALL PROSPERITY: OUR PER CAPITA GDP IS THE IN ASIA OUTSIDE JAPAN.

HIGHEST

"LOOK

AT

TECHNOLOGY:

EXPLOIT STATE OF THE ART TECHNOLOGY.

MANY HONG KONG

CAN COMPANIES

AND DO

WHETHER

IN MANUFACTURING,

FINANCIAL

FLOW

HE SAID.

"LOOK AT INVESTMENT: SERVICES, REAL ESTATE OR RETAILING, INVESTMENT IS CONTINUING TO INTO HONG KONG FROM A WIDE RANGE OF SOURCES,

NEVERTHELESS,

LEGISLATIVE COUNCIL

то WHAT IN RELATION

SOME

TO

SIR PIERS SAID HE DID PAY HEED MEMBERS HAD SAID IN THE DEBATE UPGRADING HONG KONG'S INDUSTRY AND ITS APPROACH TO TECHNOLOGY.

ON THE

IN NO WAY

FUNDAMENTALLY "WHILE I BELIEVE THAT OUR APPROACH IS RIGHT LINES, I WOULD STRESS THAT THE ADMINISTRATION IS COMPLACENT.

"WE RECOGNISE THAT WE MUST BE RESPONSIVE TO INDUSTRY'S CHANGING NEEDS," HE SAID.

/THE GOVERNMENT