XN000022-1991-10-03 — Page 5

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THURSDAY, OCTOBER 3, 1991

FOR

INNOVATIVE

"MASSACHUSETTS HAS AN INTERNATIONAL REPUTATION COMPANIES WITH LEADING POSITIONS IN A WIDE RANGE OF TECHNOLOGIES,

"YOU HAVE A TRADITION OF EXCELLENCE IN RESEARCH, FOREMOST ACADEMIC INSTITUTIONS.

LED BY YOUR

"ALL OF THIS CAN PROVIDE HONG KONG WITH ACCESS TO NEW TECHNOLOGIES," HE SAID.

+

IMPORTANT

ON OUR SIDE, MR BARMA SAID HONG KONG MASSACHUSETTS COMPANIES WITH AN IMPORTANT REGIONAL BASE, AND A

COULD PROVIDE WITH AN EXCELLENT VIEW ON THE FAST GROWTH MARKETS IN THE ASIA

WINDOW REGION.

PACIFIC

"INDEED, HONG KONG OCCUPIES A PIVOTAL POSITION FINANCIAL, COMMERCIAL AND INDUSTRIAL CENTRE FOR THE REGION.

AS A MAJOR ASIA PACIFIC

"WE ARE ALSO THE GATEWAY TO CHINA, AND THE NATURAL CONNECTION FOR ANY OVERSEAS COMPANY WANTING TO DO BUSINESS IN OUR WORLD.

"WE HAVE BECOME NOT ONLY A PLACE TO INVEST ASSEMBLY, BUT ALSO A PLACE WHICH HAS GROWING CAPABILITY MANUFACTURING AND RESEARCH AND DEVELOPMENT.

"WE ARE ALSO SERVING AS A CONTROL,

PART OF THE

IN OFF-SHORE FOR HI-TECH

SUPPORT AND

AND SERVICE BASE

THROUGHOUT

FOR MANUFACTURING OPERATIONS NOT ONLY IN CHINA, REGION, HE SAID.

BUT

THE

OF MASSACHUSETTS HAD A TO THE MARKET

MR BARMA ADDED THAT THE COMMONWEALTH TRADITION OF INNOVATION AND BRINGING NEW TECHNOLOGY PLACE.

申申

"YOUR EXPERTISE IN INFORMATION TECHNOLOGY, BIOTECHNOLOGY OR IN THE ENVIRONMENTAL FIELD IS OF GREAT VALUE TO HONG KONG'S HE SAID.

-

INDUSTRY,

PACIFIC RESOURCE

IN

MR EDWARD MORRISON, PRESIDENT OF THE ASIA GROUP, SAID THE NETWORK RESTED ON THE NOTION THAT THE FORMATION OF STRATEGIC ALLIANCES WAS A KEY COMPETITIVE ADVANTAGE IN GLOBAL MARKETS.

NEED

"BOTH NEW ENGLAND AND HONG KONG COMPANIES BUSINESS COLLABORATIONS IN ORDER TO SURVIVE AND GROW.

THEY

TO

THE 1990S

BUILDING

WELL-DESIGNED

THESE ALLIANCES. LICENSING

"THE PURPOSE OF THE NETWORK IS TO FACILITATE CAN TAKE THE FORM OF DISTRIBUTION AGREEMENTS, AGREEMENTS, R&D COLLABORATIONS OR JOINT VENURES, HE SAID.

"I

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