XN000022-1990-11-29 — Page 3

2

له

"HE'S

ASSOCIATION

ASSOCIATION.

-

TO FORM AN PARLIAMENTARY

GETTING TOGETHER A GROUP OF PEOPLE

KONG SO THAT THERE WILL BE A JAPAN-HONG

"THE FACT THAT THIS WAS A GROUP OF YOUNGER PEOPLE WHO ARE CLEARLY GOING TO BE SOME OF THE IMPORTANT LEADERS OF JAPAN IN THE FUTURE, CAN BE SEEN AS SETTING A VERY GOOD FOUNDATION FOR A RELATIONSHIP BETWEEN THE DIET AND THE LEGISLATIVE COUNCIL.

PR

SIR DAVID SAID OTHER TALKS WITH THE FOREIGN MINISTRY AND OTHER JAPANESE MINISTRIES HAD CENTRED ON HOW TO BUILD UP THE ROLE HONG KONG COULD PLAY IN DIRECT TRADE AND INVESTMENT BETWEEN THE TERRITORY AND JAPAN, AND HONG KONG'S ROLE AS A BRIDGE BETWEEN CHINA AND THE REST OF THE WORLD.

"THIS IS SOMETHING THE JAPANESE ARE VERY INTERESTED IN AS THEY SEE IN CHINA A PLACE OF FUTURE OPPORTUNITY, PARTICULARLY THE ECONOMIC GROWTH OF SOUTHERN CHINA GUANGDONG AND FUJIAN IN WHICH HONG KONG PLAYS A KEY ROLE.'

77

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SIR DAVID SAID A KEY PART OF ENSURING THE HONG KONG ECONOMY WAS SUCCESSFUL IN THE FUTURE WAS ΤΟ HAVE INTERNATIONAL BUSINESS, TRADING AND FINANCIAL INVOLVEMENT IN HONG KONG.

OF

"I FOUND ALL THE JAPANESE I TALKED TO VERY INTERESTED IN THAT CONCEPT

THE ROLE THAT HONG KONG CAN PLAY AS A CENTRE INTERNATIONAL BUSINESS AND FINANCE, SIR DAVID SAID.

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3RD QUARTER EXPORTS STATISTICS RE-CLASSIFIED BY INDUSTRIAL ORIGIN PUBLISHED

BY THE INDUSTRY QUARTER

TEXTILES,

ACCORDING TO THE STATISTICS RELEASED TODAY (THURSDAY) CENSUS AND STATISTICS DEPARTMENT, THE SIX MOST IMPORTANT GROUPS IN TERMS OF THE VALUE OF DOMESTIC EXPORTS IN THE THIRD OF 1990 WERE : ELECTRICAL AND ELECTRONIC PRODUCTS; INCLUDING KNITTING; WEARING APPAREL, EXCEPT FOOTWEAR AND KNITWEAR; PROFESSIONAL AND OPTICAL EQUIPMENT; PLASTIC PRODUCTS; AND BASIC METALS AND FABRICATED METAL PRODUCTS.

THEY TOGETHER ACCOUNTED FOR 81.4 PER CENT OF THE TOTAL VALUE OF MERCHANDISE DOMESTIC EXPORTS IN THE THIRD QUARTER OF 1990.

MANUFACTURING INDUSTRIES WITH THE LARGEST INCREASES IN THE SAME VALUE OF DOMESTIC EXPORTS IN THE THIRD QUARTER OF 1990 OVER THE QUARTER OF 1989 WERE PROFESSIONAL AND OPTICAL EQUIPMENT (+$380 TOBACCO CHEMICALS AND CHEMICAL PRODUCTS (+$309 MILLION); MILLION); (+$179 MILLION); AND PAPER AND PAPER PRODUCTS, PRINTING AND PUBLISHING (+$168 MILLION)

+

/IN PERCENTAGE