XN000022-1991-10-24 — Page 4

THURSDAY, OCTOBER 24, 1991

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GOVERNOR TO OPEN WORLD ECONOMIC FORUM

THE GOVERNOR, SIR DAVID WILSON, WILL BE THE KEYNOTE SPEAKER TO TOMORROW'S (FRIDAY) OPENING OF THE WORLD ECONOMIC FORUM MEETING IN HONG KONG,

DELEGATES REPRESENTING BUSINESS AND INDUSTRY INTERESTS FROM AROUND THE WORLD WILL BE ATTENDING THE ONE DAY FORUM AFTER ATTENDING SIMILAR TYPE OF GATHERING IN CHINA.

THE WORLD ECONOMIC FORUM, WELL KNOWN FOR ITS ANNUAL MEETING IN DAVOS, SWITZERLAND, IS AN INDEPENDENT, NON-PROFIT FOUNDATION WITH A MANDATE TO CONTRIBUTE TO WORLDWIDE ECONOMIC AND SOCIAL PROGRESS THROUGH EFFECTIVE GLOBAL CO-OPERATION AND THE STRENGTHENING OF ENTREPRENEURIAL DYNAMISM.

OF

ESTABLISHED IN GENEVA IN 1971 IT COMES UNDER THE SUPERVISION THE SWISS FEDERAL GOVERNMENT, EVEN THOUGH IT HAS NO POLITICAL, PARTISAN OR REGIONAL INTERESTS.

THE DAY'S PROGRAMME WILL CONSIST OF SEVEN WORKING SESSIONS AS WELL AS BREAKFAST AND LUNCH-TIME SESSIONS.

SESSION CHAIRMEN WILL INCLUDE THE CHAIRMAN OF THE HONG KONG GENERAL CHAMBER OF COMMERCE, MR VINCENT LO; CHAIRMAN OF THE CHAMBER'S HOME AFFAIRS COMMITTEE, MR IAN MCCALLUM; EXECUTIVE PUBLISHER OF WORLD ECONOMIC FORUM'S WORLD LINK MAGAZINE, MR CLAUDE SMADJA; CHAIRMAN OF THE HANG SENG BANK, SIR QUO-WEI LEE; CHAIRMAN OF THE HONGKONG AND SHANGHAI BANKING CORPORATION, MR WILLIAM PURVES; AND VICE-CHANCELLOR, UNIVERSITY OF HONG KONG, MR WANG GUNGWU.

WITH

AREAS OF DISCUSSION WILL INCLUDE HONG KONG'S RELATIONS CHINA: THE VITAL DYNAMIC CROSS BORDER INVESTMENT: THE ROLE OF HONG KONG IN CHINA'S ECONOMIC STRATEGY AND MODERNISATION DEVELOPMENT PLANS; HONG KONG, THE GATEWAY TO CHINA; HOW CAN HONG KONG MAINTAIN ITS ROLE AS A FINANCIAL AND BUSINESS CENTRE IN EAST ASIA; THE ECONOMIC AND FINANCIAL OUTLOOK OF HONG KONG; AND HONG KONG AND ITS RELATIONS WITH

ITS NEIGHBOURS.

SENIOR HONG KONG GOVERNMENT OFFICIALS IN THE SESSIONS WILL INCLUDE THE CHIEF SECRETARY, SIR DAVID FORD; FINANCIAL SECRETARY, MR HAMISH MACLEOD; SECRETARY FOR MONETARY AFFAIRS, MR DAVID NENDICK; SECRETARY FOR ECONOMIC SERVICES, MRS ANSON CHAN; SECRETARY FOR TRADE AND INDUSTRY, MR T.H. CHAU; AND SECRETARY FOR EDUCATION AND MANPOWER, MR JOHN CHAN.

PARTICIPANTS FROM CHINA ENTERPRISES WILL INCLUDE CHAIRMAN OF CHINA RESOURCES (HOLDINGS) CO. LTD, MR SHEN JUEREN; GENERAL MANAGER OF THE BANK OF CHINA (HONG KONG BRANCH), MR ZHOU ZHENKING; AND DEPUTY DIRECTOR OF THE SHENZHEN ECONOMIC DEVELOPMENT BUREAU, MR ZHU TAINPEI.

ON SATURDAY DELEGATES WILL BE BRIEFED ON DEVELOPMENTS IN SHENZHEN AT A LUNCH HOSTED BY THE MAYOR OF SHENZHEN, MR ZHENG LIANGYU, DURING A ONE-DAY TOUR OF THE CITY.

/THE PROGRAMME