XN000022-1991-03-15 — Page 3

Daily Information Bulletin 新聞公報 All

2

FRIDAY, MARCH 15, 1991

THAT MORE AND MORE AS A RESULT, THE GOVERNOR POINTED OUT

HEADQUARTERS BUSINESSES WERE SETTING UP THEIR REGIONAL

INTERNATIONAL IN HONG KONG.

NO TAX AND

ACCESS

"WE WELCOME THEM ALL, WITH NO SPECIAL INCENTIVES AND HOLIDAYS

JUST TAXES WHICH ARE LOW FOR ALL, FREEDOM OF EQUALITY OF OPPORTUNITY," HE SAID.

THE BEST

DESPITE MEDIA REPORTS OF AN EXODUS, SIR DAVID SAID ESTIMATES ACTUALLY SHOWED A NET INFLUX OF INTERNATIONAL COMPANIES OVER THE LAST FEW YEARS INTO HONG KONG OF AROUND 100 A YEAR.

ON THE QUESTION OF BRAIN DRAIN, THE GOVERNOR EXPLAINED HOW THIS INCLUDING PRACTICAL PROBLEM WAS BEING DEALT WITH IN A PRAGMATIC WAY,

EDUCATION, FOR

RELAXING IMMIGRATION INCREASING

OTHERS PROCEDURES, NATIONALITY MEASURES INTRODUCED BY THE BRITISH AND GOVERNMENTS.

"So

THE

OPPORTUNITIES

NEED TO WE ARE CONFIDENT THAT WE WILL HAVE THE BRAINS WE

THE GOVERNOR SAID. REMAIN ASIA'S MOST ATTRACTIVE BUSINESS CENTRE,

77

JUST

POLITICAL FUTURE WAS A PREDICTING THE ACKNOWLEDGING THAT NOTORIOUSLY DIFFICULT BUSINESS, THE GOVERNOR SAID FORECASTS MADE TWO YEARS AGO OF THE SHAPE OF EUROPE OR THE WORLD TODAY WOULD CERTAINLY HAD BEEN VERY WRONG.

ALMOST

"BUT IT IS REASONABLE TO SAY THAT THE ECONOMIC DYNAMISM OF ASIA HONG HAS ACHIEVED AN ENORMOUS MOMENTUM WHICH LOOKS SET TO CONTINUE. KONG PLAYS A KEY ROLE IN SERVICING IT.

"HISTORY AND GEOGRAPHY POINT TO THE CONTINUATION OF THAT ROLE.

ON SO PEOPLE

"THERE IS NOWHERE ELSE IN THE REGION WHICH CAN TAKE IT EFFECTIVELY. MOST OF ALL THERE IS SOMETHING ABOUT HONG KONG WHICH ALLOWS THEM TO ADAPT AND TO PREVAIL OVER CHANGES IN FORTUNE

THE GOVERNOR SAID. TO SEIZE OPPORTUNITIES BEFORE OTHERS NOTICE THEM,

AND

TELECOMMUNICATIONS VITAL FOR SERVICE-BASED ECONOMY

* * * * * * *

THE SHIFT IN HONG KONG TOWARDS A MORE SERVICE-BASED ECONOMY HAS RELIABLE AND COST-EFFECTIVE HEIGHTENED THE NEED FOR EFFICIENT, TELECOMMUNICATIONS, PARTICULARLY INTERNATIONAL TELECOMMUNICATIONS, THE SECRETARY FOR ECONOMIC SERVICES, MRS ANSON CHAN, SAID TODAY (FRIDAY).

1

ON

ΤΟ

T

91 MRS CHAN FOCUSSED SPEAKING AT THE HANOVER FAIR CEBIT

SAID "IS NECESSARY THIS KEY AREA OF INFRASTRUCTURE WHICH SHE SUPPORT A FLOURISHING TRADE AND BUSINESS CENTRE LIKE HONG KONG.

/"WE ARE

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.