5
THURSDAY, MARCH 14, 1991
RECENT
YEARS OF CHINA'S THE BORDER HAVE BEEN THE RAPID RE-EMERGENCE AS AN
OWN
"COUPLED WITH THE EXPANSION IN EXTERNAL TRADE, THESE INVESTMENTS ACROSS MAIN DRIVING FORCE BEHIND TONG KONG'S
ENTREPOT.'
P
IN THE OPPOSITE NIRECTION, MR CHAN SAID CHINESE INVESTMENT IN HONG KONG HAD ALSO GROWN TREMENDOUSLY, AND HAD DIVERSIFIED FROM THE TRADITIONAL TRADE-RELATED SECTORS INTO VARJOUS NEW AREAS SUCH AS PROPERTY INVESTMENT, FINANCIAL SERVICES, MANUFACTURING AND
INFRASTRUCTURAL PROJECTS.
AS AT THE END OF 1989, TOTAL CHINESE INVESTMENT IN HONG KONO'S MANUFACTURING INDUSTRY STOOD AT SONK 600 MILLION DM AT ORIGINAL COST.
10
IN
MR CHAN
THES VERY CLOSE ECONOMIC RELATIONSHIP HAS PLACED HONG KONG A UNIQUE POSITION TO CONTRIBUTE TOWARDS CHINA'S DEVELOPMENT, SAID.
WITH
WITH ITS LONG EXPERIENCE AND PROVEN EXPERTISE IN TRADING THE WORLD, AND ITS KNOWLEDGE AND UNDERSTANDING OF CHINA, HONG KONG WILL HAVE MUCH
OFFER TO THE WESTERN TRADER WHO IS KEEN ON EXPLOITING THE VAST CHINESE MARKET.
זין
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IN TANDEM WITH THE DEVELOPMENT OF INCREASINGLY CLOSE RELATIONS WITH CHINA HONG KONG'S ECONOMI RELATIONSHIP' WITH ITS ASIA-PACIFIC PARTNERS HAD ALSO BERN GROWING RAPIDLY: TRADE WITH THE REGION INCREASED BY OVER 22 PPR CENT
YEAR IN THE LAST 10 YEARS, AND
ACCOUNTED FOR 62 PER CENT OF HONG KONG'S GLOBAL TRADE IN 1990.
"THESE ARE VERY SOLID
THE FUTURE," MR CHAN SAID.
FOUNDATIONS UPON WHICH WE CAN BUILD FOR
EIGHTEENTH MEETING OF THE SINO-BRITISH JOINT LIAISON GROUP
THE JOINT LIAISON GROUP HELD ITS EIGHTEENTH MEETING IN FROM MARCH 12 TO 14 1991.
+
BEIJING
THE TWO
PUBLIC ORDER.
CONTINUED SIDES
THEIR
DISCUSSIONS
ON
PRACTICAL
OF ITS
ARRANGEMENTS FOR THE DEFENCE OF HONG KONG AND THE MAINTENANCE
HAD A FURTHER FINAL APPEAL IN HONG
ON THE RASTS OF THE WORK OF EXPERTS, THE GROUP DISCUSSION ON THE ESTABLISHMENT OF A COURT OF
KONG.
OF VIEWS ON PROTECTING THE TWO SIDES HAD A FURTHER EXCHANGE AND PROMOTING INVESTMENT BETWEEN HONG KONG AND RELEVANT COUNTRIES.
ON THE BASIS OF THE WORK OF EXPERTS,
MATTERS
TO RELATING THEIR DISCUSSION OF
OBLIGATIONS.
TWO THE INTERNATIONAL RIGHTS AND
SIDES CONTINUED
ITS NEXT MEETING SHOULD TAKE
1991.
PLACE
IN
THE GROUP AGREED THAT HONG KONG IN THE WEEK REGINNING JUNE 10,
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