XN000022-1992-01-25 — Page 3

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SATURDAY, JANUARY 25, 1992

"MY OWN HOPE WOULD BE THAT THEY WOULD GET ADVICE FROM AS WIDE A GROUP OF PEOPLE AS POSSIBLE. I SEE NO PROBLEM WITH THAT, INCLUDING PEOPLE WHO ARE STILL IN THE TERRITORY WHO HAD BEEN FORMER CIVIL SERVANTS. THERE ARE FORMER CIVIL SERVANTS IN THE TERRITORY WHO GO ON PLAYING A VERY ACTIVE ROLE, HE SAID.

"

I

'WHAT MATTERS I THINK IS THAT IF CHINA GETS ADVISE FROM A GROUP OF PEOPLE HERE, THAT IT IS ABSOLUTELY CLEAR THAT THE ACTUAL GOVERNMENT OF HONG KONG, THE ADMINISTRATION OF HONG KONG, THAT IS THE RESPONSIBILITY OF THE HONG KONG GOVERNMENT; AND IT A RESPONSIBILITY OF NOBODY ELSE," HE ADDED.

MEMBERSHIP OF ECONOMIC ADVISORY COMMITTEE ANNOUNCED

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THE GOVERNMENT TODAY (SATURDAY) ANNOUNCED THE MEMBERSHIP THE ECONOMIC ADVISORY COMMITTEE, WHICH IS BEING SET UP TO ADVISE FINANCIAL SECRETARY ON STRATEGIC ISSUES CONCERNING THE ECONOMY.

OF

THE

THE

CHAIRED BY THE FINANCIAL SECRETARY, MR HAMISH MACLEOD, COMMITTEE COMPRISES SIX NON-GOVERNMENT MEMBERS AND THREE GOVERNMENT MEMBERS.

LTD.

AND

EDWARD CHEN UNIVERSITY OF VINCENT CHENG

CHAIRMAN

SHANGHAI MANAGING

OF

THE

LTD.

AND

MR

THE NON-GOVERNMENT MEMBERS ARE PROFESSOR KWAN-YIU, DIRECTOR OF THE CENTRE OF ASIAN STUDIES, THE HONG KONG AND CHAIRMAN OF THE CONSUMER COUNCIL; MR HOI-CHUEN, SENIOR MANAGER (GROUP RESEARCH), HONGKONG AND BANKING CORPORATION; DR RAYMOND CH'IEN KUO-FUNG, GROUP DIRECTOR, LAM SOON (HONG KONG) PROVISIONAL HONG KONG INDUSTRIAL TECHNOLOGY CENTRE CO. THE HONG KONG COMMITTEE FOR PACIFIC ECONOMIC COOPERATION; WILLIAM FUNG KWOK-LUN, GROUP MANAGING DIRECTOR, LI & FUNG LTD. AND MEMBER, TEXTILES ADVISORY BOARD; MR JOHN GREENWOOD, CHAIRMAN AND GROUP ECONOMIST, ✪ T MANAGEMENT (ASIA) LTD.; AND DR RICHARD WONG YUE-CHIM, SENIOR LECTURER OF ECONOMICS, THE CHINESE UNIVERSITY OF HONG KONG AND DIRECTOR OF THE HONG KONG CENTRE FOR ECONOMIC RESEARCH.

THE THREE GOVERNMENT MEMBERS ON THE COMMITTEE ARE THE SECRETARY FOR ECONOMIC SERVICES, MRS ANSON CHAN FANG ON-SANG; THE DIRECTOR OF THE OFFICE OF THE EXCHANGE FUND, MR JOSEPH YAM CHI KWONG; AND THE GOVERNMENT ECONOMIST, MR TANG KWONG-YIU.

THEIR TERMS OF APPOINTMENT WILL RUN UNTIL DECEMBER 31, 1993.

THE FORMATION OF THE COMMITTEE WAS FIRST MOOTED BY THE FINANCIAL SECRETARY, MR HAMISH MACLEOD, IN HIS ADDRESS AT THE MEETING OF THE LEGISLATIVE COUNCIL HELD ON NOVEMBER 6 LAST YEAR,

COMMENTING ON THE ESTABLISHMENT OF THE COMMITTEE, MR MACLEOD SAID: "THE COMMITTEE WILL PROVIDE A USEFUL FORUM FOR THE GOVERNMENT TO TAP THE BRAINS OF PRIVATE SECTOR EXPERTS ON STRATEGIC ECONOMIC ISSUES RELATING TO HONG KONG."

"I WILL