XN000022-1992-08-07 — Page 9

FRIDAY, AUGUST 7, 1992

24.3

6.

7.

WHOLESALE, RETAIL AND IMPORT/EXPORT

TRADES, RESTAURANTS AND HOTELS

TRANSPORT, STORAGE AND COMMUNICATION

9.4

20.8

8.

FINANCING, INSURANCE, REAL ESTATE AND

BUSINESS SERVICES

9. COMMUNITY, SOCIAL AND PERSONAL SERVICES

15.0

10.8

10.

OWNERSHIP OF PREMISES

5.7

LESS IMPUTED BANK SERVICE CHARGE

100.0

LESS THAN 0.05

4 MANUFACTURERS URGED TO BE MORE INNOVATIVE

* * *

MANUFACTURERS IN HONG KONG HAVE TO CONCENTRATE ON THE MORE INNOVATIVE AND SKILL-INTENSIVE ACTIVITIES то MAINTAIN THEIR COMPETITIVE EDGE, THE DIRECTOR-GENERAL OF INDUSTRY, MR TH BARMA, SAID TODAY (FRIDAY).

SPEAKING AT THE OPENING CEREMONY OF THE PRODUCTIVITY SHOWCASE ORGANISED BY THE HONG KONG PRODUCTIVITY COUNCIL (HKPC), MR BARMA SAID HONG KONG'S MANUFACTURING SECTOR WAS NOW UNDERGOING A PROCESS OF RAPID CHANGE.

"WITH THE OPENING UP OF CHINA AND THE RELOCATION OF ASSEMBLY OPERATIONS ACROSS THE BORDER, HONG KONG WILL HAVE TO MOVE UP THE VALUE-ADDED LADDER AND EQUIP ITSELF AS A SUPPLIER OF QUALITY GOODS AND PRECISION PARTS, COMPONENTS AND TOOLING.

"THERE IS A GROWING NEED TO STRIVE FOR ENHANCED PRODUCTIVITY, IMPROVED QUALITY, AND NEW PRODUCT DESIGN AND DEVELOPMENT," MR BARMA SAID.

HE SAID DURING THIS PERIOD OF CHALLENGE AND TRANSITION, SUPPORT ORGANISATIONS SUCH AS THE HKPC HAD A PARTICULARLY IMPORTANT ROLE TO PLAY.

SINCE ITS ESTABLISHMENT BY STATUTE IN 1967, THE НКРС HAD EVOLVED FROM A SMALL TRAINING AND INFORMATION RESOURCE CENTRE INTO A MULTI-DISCIPLINARY ORGANISATION OFFERING A FULL RANGE OF INDUSTRY SUPPORT SERVICES, INCLUDING A VARIETY OF TRAINING PROGRAMMES, INDUSTRIAL AND MANAGEMENT CONSULTANCIES, AND TECHNICAL SUPPORT SERVICES, MR BARMA SAID.

/WITH THE