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WEDNESDAY, OCTOBER 13, 1993

WAS

MR CHAU SAID THE CONSULTANCY STUDY, WHICH WAS PART OF A SERIES OF STUDIES ON INDIVIDUAL INDUSTRIES CONDUCTED ON A REGULAR BASIS, ONE OF THE GOVERNMENT'S INITIATIVES IN SUPPORTING FURTHER INDUSTRIAL DEVELOPMENT IN HONG KONG.

IN ADDITION, FUNDS WILL SOON INDUSTRY AND TECHNOLOGY DEVELOPMENT SUPPORT PROJECTS, HE SAID.

BE MADE AVAILABLE THROUGH THE COUNCIL TO FINANCE INDUSTRIAL

MR CHAU SAID THE ELECTRONICS INDUSTRY WAS VERY IMPORTANT TO THE LOCAL ECONOMY,

"IT IS THE SECOND LARGEST EXPORT. EARNER AMONG OUR MANUFACTURING INDUSTRIES, AND EMPLOYS 60,000 WORKERS. IN 1992, IT ACCOUNTED FOR 26 PER CENT OF OUR TOTAL DOMESTIC EXPORTS," HE SAID.

MR CHAU SAID THE ELECTRONICS INDUSTRY STILL HAD ROOM TO GROW, WHICH WAS PARTLY DUE TO THE VERY STRONG DEMAND FOR ELECTRONIC PRODUCTS IN CHINA.

IN THE FIRST HALF OF THIS YEAR, CHINA OVERTOOK THE UNITED STATES TO BECOME THE LEADING MARKET FOR HONG KONG'S ELECTRONIC PRODUCTS.

"DURING THAT TIME, CHINA IMPORTED $26 BILLION ELECTRONIC PRODUCTS FROM HONG KONG, A BIG JUMP OF THE SAME PERIOD LAST YEAR," HE SAID.

WORTH OF

41 PER CENT FROM

HONG KONG

WORLD STANDARDS DAY TOMORROW

* * *

*

WILL BE JOINING MANY COUNTRIES AROUND THE WORLD TOMORROW (THURSDAY) IN RECOGNISING THE 24TH WORLD STANDARDS DAY WHICH MARKS ANOTHER MILESTONE IN THE DEVELOPMENT OF INTERNATIONAL

STANDARDISATION.

THE WORLD

STANDARDS DAY IS CELEBRATED AROUND THE WORLD EACH YEAR ON OCTOBER 14 IN ALL MEMBER COUNTRIES OF THE INTERNATIONAL ORGANISATION FOR STANDARDISATION (ISO) AND THE INTERNATIONAL

ELECTROTECHNICAL COMMISSION (IEC).

"THIS DAY IS AN ANNUAL FOCAL POINT FOR PAYING TRIBUTE TO THE COLLABORATIVE EFFORTS OF THOUSANDS OF EXPERTS WHO PREPARE THE STANDARDS, THE DEPUTY DIRECTOR-GENERAL OF INDUSTRY, MR RICKY FUNG. SAID TODAY (WEDNESDAY).

++

THIS YEAR THE ISO AND IEC HAVE CHOSEN 'INFORMATION MANAGEMENT FASTER AND BETTER WITH GLOBAL STANDARDS' AS THE THEME.

-

THE EVENT IS ORGANISED BY THE ISO AND IEC WHICH HAVE BEEN ACTIVE IN DEVELOPING INTERNATIONAL PRODUCT STANDARDS AND IN WORKING TOWARDS COMPATIBILITY OF SYSTEMS WORLDWIDE FOR THE BENEFIT MANUFACTURERS AND CONSUMERS.

OF BOTH

PHONG KONG

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