XN000022-1993-05-02 — Page 8

SUNDAY, MAY 2, 1993

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*THERE IS MUTUAL

ADDED URGENCY GIVEN THE

7

ALL CONCERNED, BUT THERE IS AMERICA ABOUT CHINA'S GROWING

BENEFIT FOR CONCERN IN

TRADE SURPLUS WITH THE UNITED STATES.

"SOME AMERICAN COMPANIES HAVE FOUND IT HARD TO GET A TOE-HOLD IN CHINA. HONG KONG BUSINESSMEN CAN OFTEN HELP IN THE PROCESS, THEY KNOW THE CHINA MARKET BETTER THAN ANYONE ELSE.

"THE HONG KONG TRADE DEVELOPMENT COUNCIL {HKTDC) HAS JUST COMPLETED A BRIEF STUDY OF 74 U.S. SUCCESSES IN CHINA OPERATING WITH SUPPORT OF ONE SORT OR ANOTHER FROM HONG KONG.

"WE HAVE BEGUN WORK WITH THE HKTDC AND THE U.S. FOREIGN AND COMMERCIAL SERVICE TO PROMOTE THIS ROLE OF HONG KONG AS A BUSINESS BRIDGE INTO CHINA; THE AIM IS TO PUT HONG KONG'S KNOWLEDGE OF THE CHINA MARKET AT THE DISPOSAL OF U.S. COMPANIES INTERESTED IN SELLING INTO WHAT MUST SURELY BE THE MARKET WITH THE GREATEST POTENTIAL IN THE WORLD TODAY," MR JACKSON SAID.

COME

"TO THE GOOD U.S. BUSINESSMAN, WE HAVE AN IMPORTANT MESSAGE: TO HONG KONG, WORK WITH US OVER THE LONG-TERM PATIENTLY DEVELOPING MARKETS AND BUSINESS, HERE IN HONG KONG, AND THROUGH HONG KONG, IN CHINA AND THE REGION, HE CONCLUDED.

"

UK/RK GOVTS JOINT FUNDING SCHEME

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THE STUDENT FINANCIAL ASSISTANCE AGENCY TODAY (SUNDAY) ANNOUNCED THAT FINANCIAL ASSISTANCE UNDER THE JOINT FUNDING SCHEME FOR THE 1993/94 ACADEMIC YEAR IS OPEN TO APPLICATION AS FROM TOMORROW (MONDAY).

THE SCHEME IS JOINTLY FINANCED BY THE HONG KONG AND UNITED KINGDOM GOVERNMENTS TO HELP THOSE HONG KONG STUDENTS WHO ARE IN NEED TO PAY THE HIGHER TUITION FEES CHARGED ON OVERSEAS STUDENTS IN THE UNITED KINGDOM.

IT IS OPEN TO HONG KONG STUDENTS PURSUING FULL-TIME FIRST DEGREE OR HIGHER NATIONAL DIPLOMA COURSES AT UNIVERSITIES, POLYTECHNICS AND COLLEGES IN THE PUBLIC SECTOR IN THE UNITED KINGDOM, SUBJECT TO THEIR HAVING RESIDED CONTINUOUSLY OR HAVE HAD THEIR HOME IN HONG KONG FOR AT LEAST SEVEN YEARS IMMEDIATELY PRIOR TO COURSE COMMENCEMENT.

THE SCHEME IS MEANS-TESTED AND THE MAXIMUM LEVEL OF ASSISTANCE IS THE DIFFERENCE BETWEEN TUITION FEES PAYABLE BY AN OVERSEAS STUDENT AND A NOTIONAL BRITISH HOME STUDENT FEE ADOPTED FOR THE PURPOSE OF CALCULATING STUDENTS' FINANCIAL ASSISTANCE.

FOR THE ACADEMIC YEAR 1993/94, THE NOTIONAL "HOME" FEE WILL BE 737 POUND STERLING.

/financial assistance