XN000022-1990-12-04 — Page 16

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MR BARMA SAID HONG KONG CONTINUED TO BE THE GATEWAY TO CHINA.

"CHINA IS NOW THE LARGEST MARKET FOR HONG KONG'S RE-EXPORTS AND THE SECOND LARGEST MARKET FOR OUR DOMESTIC EXPORTS. CHINA, IN OR TURN, SENDS OVER ONE-THIRD OF ITS MERCHANDISE EXPORTS TO HONG KONG THROUGH HONG KONG TO OTHER DESTINATIONS.

14

HE SAID CHINA AND HONG KONG WERE ALSO CLOSE INVESTMENT

PARTNERS.

"ON THE ONE HAND, CHINA IS THE THIRD LARGEST NON-LOCAL INVESTOR IN HONG KONG'S MANUFACTURING INDUSTRIES AFTER THE UNITED STATES AND JAPAN. ON THE OTHER HAND, HONG KONG ACCOUNTS FOR TWO-THIRDS OF DIRECT FOREIGN INVESTMENT IN CHINA, AT US$11.5 BILLION, MOST OF WHICH IS IN SOUTHERN CHINA.

BEEN CHANGED BY

THE

"THIS ECONOMIC INTER-DEPENDENCE HAS NOT EVENTS WHICH TOOK PLACE IN CHINA IN JUNE LAST YEAR. AS YOU ARE AWARE,

SINCE REPEATEDLY CHINA HAS

RE-AFFIRMED PUBLICLY ITS 'OPEN DOOR' POLICY, HE SAID.

MR BARMA, WHO IS VISITING EUROPE AS PART OF THE GOVERNMENT'S

ЗРВАК AT THE INDUSTRIAL PROMOTION EFFORTS, WILL LATER TODAY CHAMBER OF COMMERCE ON INDUSTRIAL INVESTMENT POSSIBILITIES BUSINESS IN HONG KONG.

GENEVA FOR SWIJS

NO EFFORT SPARED IN PROTECTING ENVIRONMENT

GOING ON

IN THE MIDST OF ALL THE CONSTRUCTION AND DEVELOPMENT IN HONG KONG, THE GOVERNMENT HAS NOT LOST SIGHT OF THE NEED то PROTECT AND PRESERVE OUR ENVIRONMENT, THE SECRETARY FOR HOME AFFAIRS, MR PETER TSAO, SAID TONIGHT (TUESDAY),

SPEAKING AT THE LIONS NATURE EDUCATION FOUNDATION INAUGURATION NIGHT, MR TSAO, WHO IS ALSO A VICE-PATRON OF THE FOUNDATION,

EXPLAINED THE GOVERNMENT'S OVERALL ENVIRONMENTAL EDUCATION.

THEY ARE:

*

*

POLICIES ON NATURE AND

TO MAKE THE COMMUNITY MORE AWARE OF THEIR COLLECTIVE AND INDIVIDUAL RESPONSIBILITIES FOR CREATING AND MAINTAINING A HEALTHY AND ATTRACTIVE ENVIRONMENT;

TO INCLUDE WITHIN THE FORMAL EDUCATION SYLLABUS, SUBJECTS STRESSING THE IMPORTANCE OF BEING WELL INFORMED ON ENVIRONMENTAL MATTERS; AND

OF

REQUIRING PROFESSIONALS AND DEVELOPERS ACCOUNT THE ENVIRONMENTAL EFFECTS PROPOSALS.

TO TAKE INTO FULL THEIR DECISIONS OR

/"TO PUT