WEDNESDAY, JUNE 9, 1993
YOUR
FORWARD I LOOK
THEN,
AND WITH OVER THE COMING YEAR SUPPORT, TO PUTTING NEW FUNDING ARRANGEMENTS INTO PLACE; TO COMPLETING WITH ITDC MEMBERS THE INITIAL REVIEW OF THEIR
TO BRINGING ROLE:
INTO A TOGETHER THE MANY STRANDS OF OUR INDUSTRY SUPPORT PROGRAMMES COMPREHENSIVE
REGULARLY SUMMARY WITH A STATEMENT OF AIMS THAT CAN BE REVIEWED AND UPDATED BY THE ITDC; TO MOVING AHEAD WITH INITIATIVES ENHANCE AND ENCOURAGE TECHNOLOGICAL DEVELOPMENT IN HONG KONG. FULL AGENDA. ONE THAT EMPHASISES THE IMPORTANCE THAT WE IN GOVERNMENT DO ATTACH TO INDUSTRY. ONE THAT I TRUST YOU WILL SUPPORT,
THAT, HOWEVER, PARTICULAR
POINTS.
POINTS. RESTRUCTURING CONSEQUENCES.
IN
TO QUITE A
FEW FAIR PLANNING DEVELOPMENT
WAS CHINA. INDUSTRIAL
MR PRESIDENT I WOULD LIKE TO THANK THOSE HONOURABLE MEMBERS WHO AND VALUABLE HAVE SPOKEN IN THIS DEBATE. THEY HAVE MADE SOME VALID
ME POINTS. TIME DOES NOT PERMIT ME TO RESPOND TO ALL OF THEM. BUT LET REASSURE THEM
HAVING SAID THAT THOSE POINTS WILL NOT BE FORGOTTEN.
TO A I THINK IT IS NECESSARY FOR ME TO RESPOND
ARE THE POINTS MADE BY THE HON ALBERT CHAN
TOWN OF INDUSTRY HAS HAD SOCIAL AND
TERRITORIAL THE LATEST REVIEW OF THE STRATEGY, A SPECIAL STUDY ON INDUSTRIAL LAND DEVELOPMENT CONDUCTED. THIS RECOGNISED THE MOVE OF BASIC MANUFACTURING TO
OLD OF THE METROPLAN AND REDEVELOPMENT OF IMPLEMENTATION AREAS WOULD BE CARRIED OUT WITH SENSITIVITY TO MR CHAN'S POINTS. THE HON VINCENT CHENG'S SPEECH IS ONE WHICH I CAN WHOLEHEARTEDLY ENDORSE. IN SOME RESPECTS I CAN SAY THAT HE HAS TAKEN THE WORDS RIGHT OUT OF MY MOUTH, ALTHOUGH I WOULD STRONGLY DENY ANY RUMOUR THAT HIS SPEECH
CHIN-SHEK'S BY ME. SOME OF THE POINTS IN THE HON LAU WRITTEN
VOCATIONAL
FALL TRAINING OR RETRAINING. THEY CONCERNED DIRECT AREAS OF RESPONSIBILITY, ALTHOUGH AS SECRETARY FOR INDUSTRY I AM OF COURSE AN INTERESTED PARTY, I WOULD LIKE TO ASSURE MR THE SECRETARY LAU THAT SUCH POINTS WILL BE REFERRED TO MY COLLEAGUE,
THAT THE FOR EDUCATION AND MANPOWER. AS REGARDS MR LAU'S SUGGESTION
SAY THAT LABOUR REPRESENTATIVE BE INCORPORATED INTO THE ITDC, I CAN THIS IS A PROPOSAL
IN THAT I AM PREPARED TO
FURTHER CONSIDER
WILL DISCUSSION WITH THE ITDC WHOSE TERMS OF APPOINTMENT INCIDENTALLY
OF COURSE EXPIRE AT THE END OF THIS YEAR BEFORE WHICH TIME WE WOULD HAVE TO REVIEW ITS COMPOSITION.
WAS SPEECH OUTSIDE MY TRADE AND
OF
HAS
THE
CLOSING, IN
MR PRESIDENT, I WISH ΤΟ REITERATE ONE POINT. SUPPORT ΤΟ IMPROVING OUR
INDUSTRIAL
DOES DEVELOPMENT
NOT IMPLY MOVEMENT AWAY FROM THE FREE MARKET PRINCIPLES THAT ARE THE BEDROCK HONG KONG'S SUCCESS. THE HON HENRY TANG, ON THE RADIO ON MONDAY, LAMENTED THAT, WHEREAS SINGAPORE OFFERS INDUSTRIALISTS A WHOLE RAFT OF INCENTIVES TO INVEST, HONG KONG APPEARS ONLY TO OFFER LOW TAXES. HON MAN SAI-CHEONG ALSO MADE REFERENCE TO VARIOUS INCENTIVES FOR PROVIDED BY SINGAPORE IN ITS TAX SYSTEM. I AM
THAT TO SUGGEST THAT SINGAPORE IS A MODEL THAT HONG KONG SHOULD FOLLOW. ALL WE OFFER IS LOW TAXES IS A TRAVESTY OF THE WIDE RANGE OF FLEXIBLE,
BODIES PUBLIC
AND INNOVATIVE POLICIES AND SERVICES THAT GOVERNMENT,
YEARS HAVE BUILT UP OVER MANY
TO SUPPORT
INDUSTRIAL
ORGANISATIONS
INDUSTRIAL DEVELOPMENT.
NOT PURSUADED
R&D
/BUT, FUNDAMENTALLY,
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