XN000022-1992-03-23 — Page 16

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MONDAY, MARCH 23, 1992

TO DOWNGRADE THE REGION FROM

OF THESE, 18 HAD DECIDED, FOR CORPORATE REASONS, THEIR REPRESENTATION AND TO MANAGE THEIR AFFAIRS IN THEIR MAIN HEADQUARTERS.

OF

LARGEST NUMBER COMPANIES, FOLLOWED BY

THE UNITED STATES OF AMERICA HAS THE REGIONAL HEADQUARTERS IN HONG KONG, WITH 258 THE UK (75 COMPANIES) AND JAPAN (44 COMPANIES).

THE MAJOR LINES OF BUSINESS OF THE REGIONAL HEADQUARTERS INCLUDE WHOLESALE, RETAIL, AND IMPORT AND EXPORT ACTIVITIES, BY REAL ESTATE AND BUSINESS SERVICES, MANUFACTURING BANKING.

FOLLOWED AND FINANCE AND

A AS

RESPONDING

ROLE AS

REGIONAL COMPANIES FACILITIES, A REGIONAL

WHEN ASKED TO GIVE VIEWS ON HONG KONG HEADQUARTERS, ABOUT 95 PER CENT OF THE CONSIDERED HONG KONG'S TRANSPORTATION AND COMMUNICATION THE MOST IMPORTANT FACTOR AFFECTING HONG KONG'S CENTRE, TO BE FAVOURABLE.

·

A

HONG

HONG KONG'S BANKING AND FINANCIAL FACILITIES WERE CONSIDERED

WITH FAVOURABLE BY 92 PER CENT OF THE COMPANIES. OTHER FACTORS

AS HIGH

RATING THEM

FAVOURABLE PROPORTION OF RESPONDING COMPANIES

AND (83 PER CENT) INCLUDED HONG KONG'S CORPORATE TAX STRUCTURE KONG'S POSITION AS A GATEWAY TO CHINA (83 PER CENT).

THE MORE THAN TWO-THIRDS OF

RESPONDING COMPANIES CONSIDERED THAT, COMPARED WITH THE YEAR

THE OVERALL FAVOURABILITY OF HONG KONG AS A REGIONAL CENTRE HAD IMPROVED OR HAD REMAINED UNCHANGED.

BEFORE,

OR RENTAL

PROFESSIONAL

THE MAJORITY OF THEM ALSO CONSIDERED THAT THE COST OF OFFICE SPACE, BUSINESS PROSPECTS IN HONG KONG, TRANSPORTATION AND COMMUNICATION FACILITIES, AVAILABILITY OF MANAGERIAL AND SKILLS, POLITICAL CLIMATE AND BANKING IMPROVED OR REMAINED UNCHANGED.

AND FINANCIAL

FACILITIES HAD

LISTS OF

OF AT

THE SURVEY REPORT, IN ENGLISH AND CHINESE, INCLUDING

REGIONAL

IS OFFICES,

AVAILABLE FREE REGIONAL HEADQUARTERS AND CHARGE FROM THE DATA AND SERVICES DIVISION OF INDUSTRY ROOM 1419, OCEAN CENTRE.

DEPARTMENT

APPROPRIATION BILL TO BE DEBATED ON WEDNESDAY AND THURSDAY

COUNCIL ARE

EXPECTED

TO

SOME 52 MEMBERS OF THE LEGISLATIVE SPEAK ON THE APPROPRIATION BILL 1992 AT THE COUNCIL MEETINGS ON WEDNESDAY AND THURSDAY (MARCH 25 AND 26) WHEN IT IS INTRODUCED FOR THE SECOND READING.

MEMBERS OF THE PUBLIC ARE WELCOME TO OBSERVE THE PROCEEDINGS OF LEGISLATIVE COUNCIL MEETINGS FROM THE PUBLIC GALLERIES AND THEY MAY MAKE RESERVATIONS BY TELEPHONING 869 9492.

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