XN000022-1991-04-02 — Page 3

TUESDAY, APRIL 2, 1991

"IN ADDITION, WE ARE STUDYING THE POSSIBILITY OF SETTING SCIENCE PARK.

UP A

PROMOTING OF PURPOSE THE "THEY BOTH SERVE

HE SAID. INNOVATIONS FOR COMMERCIAL APPLICATIONS,

TECHNOLOGICAL

M

SAID AS "SYMBIOTIC"

A

THE

DR TSE ON HONG KONG-CHINA ECONOMIC RELATIONSHIP,

A DEVELOPED HONG KONG HAD CENTRE, MANUFACTURING RELATIONSHIP WITH THE SOUTHERN REGION OF CHINA, SPECIFICALLY WITH GUANGDONG, GUANGX1 AND FUJIAN PROVINCES.

ΤΟ DO PRODUCT DESIGN "OUR MANUFACTURERS ARE USING HONG KONG

OPERATIONS ARE THÊ LABOUR INTENSIVE AND ENGINEERING WHILE PART OF PERFORMED ACROSS THE BORDER,

Er

IN CHINA WILL CH HE SAID.

IS

"THEY NOW EMPLOY OVER TWO MILLION WORKERS THREE TIMES HONG KONG'S OWN INDUSTRIAL LABOUR FORCE,

KONG'S UNIQUE GEOGRAPHICAL OR TSE SAID GIVEN RONG THE TERRITORY WOULD CONTINUE TO BE THE GATEWAY TO CHINA.

POSITION,

HONG KONG'S

RE-EXPORTS

"CHINA IS NOW THE LARGEST MARKET FOR AND THE SECOND LARGEST MARKET FOR OUR DOMESTIC EXPORTS.

"CHINA, IN

TURN,

SENDS OVER

OF ONE-THIRD EXPORTS TO HONG KONG OR THROUGH HONG KONG TO OTHER SAID.

IT'S MERCHANDISE DESTINATIONS, HE

平申

DR TSE SAID CHINA AND HONG

KONG WERE ALSO

CLOSE INVESTMENT

PARTNERS.

"ON THE ONE HAND, INVESTOR IN HONG KONG'S STATES AND JAPAN,

CHINA MANUFACTURING

13 THE

LARGEST THIRÐ INDUSTRIES

NON-LOCAL

AFTER THE UNITED

KONG ACCOUNTS HAND, El Ni "ON THE OTHER

IN CHINA, ESTIMATED AT US$EL DIRECT FOREIGN INVESTMENT I OP WHICH ARE IN SOUTHERN CHINA.

FOR

TWO-THIRDS BILLTON, MOST

OF

"TUIS ECONOMIC ENTERDEPENDENCE WILL CONTINUE COMING YEARS, UF ADDED:

GROW TO

IN

THE

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