XN000022-1991-01-05 — Page 9

SATURDAY, JANUARY 5, 1991

+

HK GOVT COMMITTED TO BUILDING A BETTER FUTURE

* *

THE HONG KONG GOVERNMENT IS

THE

COMMITTED THE TERRITORY,

AND

TO BUILDING A BETTER SECRETARY FOR TRADE INDUSTRY, MR JOHN CHAN, SAID IN CAMBRIDGE, UK YESTERDAY (FRIDAY).

FUTURE FOR PEOPLE OF

SPEAKING TO SOME 250 HONG KONG STUDENTS AT A SAID CHAN

MR

SEMINAR HELD AT THE GOVERNMENT'S KONG LIFE THAT WERE

THE PRESTIGIOUS QUEEN'S COLLEGE, STRATEGY WAS TO MAINTAIN THOSE ASPECTS OF HONG MOST ATTRACTIVE AND TO IMPROVE FURTHER THE QUALITY OF LIFE.

IS

AND

OR

OUTLINING HONG KONG'S ECONOMIC FUNDAMENTALS

POLICY WHICH

AS SOMETIMES DESCRIBED

"LAISSEZ FAIRE"

"POSITIVE NON-INTERVENTIONIST", HE SAID IT WAS THE GOVERNMENT'S FIRM BELIEF THAT IT WAS BEST TO LEAVE BUSINESS DECISIONS TO BUSINESSMEN AND TO ADOPT "HANDS OFF" POSTURE AS MUCH AS POSSIBLE.

A

ON THE AND MAINTAIN

IS MUCH MORE "BUT THE ROLE

POSITIVE THAN APPEARS "THE GOVERNMENT SEEKS TO CREATE SURFACE," HE EXPLAINED. AN ENVIRONMENT IN WHICH PRIVATE ENTERPRISE CAN FLOURISH.

SUCH AS A SIMPLE "THIS ENTAILS A NUMBER OF POSITIVE ACTIONS

DEPENDABLE TAXATION SYSTEM AND LOW TAX RATE; ENSURING EFFICIENT AND PROVISION OF PHYSICAL INFRASTRUCTURE INCLUDING TRANSPORT, ELECTRICITY,

INFRASTRUCTURE' NECESSARY 'SOFT THE

THROUGH WATER, ETC; PROVIDING

MAINTAIN UNRESTRICTED ACCESS TO EDUCATION AND TRAINING; SEEKING TO

GATT; AND MAINTAIN SOCIAL STABILITY WORLD MARKETS, MAINLY THROUGH

SERVICES, LAW AND THROUGH PROVISION OF HOUSING, MEDICAL AND WELFARE ORDER."

IN CONCLUSION, HE SAID BEYOND 1997.

THE

PLAN GOVERNMENT'S

EXTENDED

WELL

EXTERNAL "OF COURSE HONG KONG WILL CONTINUE TO BE SUBJECTED TO

EXTENT MUCH LARGER THAN MOST INFLUENCES, TO AN

OTHER ECONOMICS, OUR ECONOMIC BECAUSE OF OUR EXTREMELY HEAVY DEPENDENCE ON TRADE. BUT FUNDAMENTALS ARE STRONG, HE SAID.

THE

THREE-DAY

TT

THE

HONG KONG GRADUATES то

BY IS ORGANISED CONFERENCE

WILL-BE ENCOURAGING POST-GRADUATE SOCIETY AND AIMS AT RETURN TO HONG KONG AND CONTRIBUTE TO ITS SUCCESS.

AT QUEEN'S EMPLOYMENT

A CAREER EXHIBITION IS BEING HELD AT THE SAME TIME

TO

ON STUDENTS WITH INFORMATION PROVIDE OPPORTUNITIES, BOTH IN THE PUBLIC AND PRIVATE SECTORS IN HONG KONG.

COLLEGE

MINISTER RESPONSIBLE SUCCESS STORY OF AS "THE ENGINE OF ECONOMIC AN INTERNATIONAL AND REGIONAL

EARLIER AT THE OPENING CEREMONY, THE FCO FOR HONG KONG, LORD CAITHNESS, SPOKE HIGHLY OF THE

IMPORTANT ROLE THE TERRITORY AND ITS

AS WELL AS GROWTH IN SOUTH CHINA" FINANCIAL CENTRE.

/ON THE