XN000022-1991-11-13 — Page 29

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ST JOHN

MR CHAN TAT-WAH

MR SIN WAI-LEUNG

MR LI TANG-LUN

MR TREVOR CHARLES BERRY

MR NG KHOE-CHU

MISS BRENDA LEE SIU-LING

KNIGHT OF ST JOHN

MR LEONARD CHIU KUNG PHOO

OFFICER BROTHER

DR PETER CHAN PO-FAN

28

WEDNESDAY, NOVEMBER 13, 1991

ECONOMIC TIES WITH ASIA PACIFIC REGION STRENGTHENING: STI

HONG KONG'S ECONOMIC TIES TO THE ASIA PACIFIC REGION HAVE STEADILY STRENGTHENING, THE SECRETARY FOR TRADE AND INDUSTRY, T.H. CHAU SAID TODAY (WEDNESDAY).

BEEN

MR

SPEAKING ON REGIONAL ECONOMIC TRENDS AND ISSUES AT THE THIRD MINISTERIAL MEETING OF THE ASIA PACIFIC ECONOMIC COOPERATION (APEC) IN SEOUL, MR CHAU SAID SOME 80 PER CENT OF HONG KONG'S TOTAL MERCHANDISE TRADE, AMOUNTING TO ABOUT US$ 130 BILLION, IS WITH OTHER ECONOMIES THE REGION.

IN

"AROUND 80 PER CENT OF OUR INWARD INDUSTRIAL INVESTMENT COMES FROM WITHIN THE REGION. THE MAJOR RECIPIENTS OF OUR OUTWARD INVESTMENT ARE ALSO WITHIN THIS REGION, HE SAID.

JAPAN'S PROPOSAL то

AND

MR CHAU SAID HONG KONG APPRECIATES UNDERTAKE A SURVEY OF ECONOMIC LINKAGES AMONG APEC ECONOMIES, LOOKS FORWARD TO PARTICIPATING IN THE SURVEY.

HE NOTED THAT THE ASIA PACIFIC IS THE FASTEST GROWING AND MOST DYNAMIC REGION IN THE WORLD.

THE

"HONG KONG