XN000022-1993-10-27 — Page 13

WEDNESDAY, OCTOBER 27, 1993

THE

ECONOMIC SUCCESS TO BE SHARED BY ALL: FS

FOR

ADMINISTRATION HAS CONTINUED TO CREATE THE CONDITIONS ECONOMIC SUCCESS, AND TO ENSURE THAT THE BENFITS ARE PASSED ONTO THE WHOLE COMMUNITY, THE FINANCIAL SECRETARY, THE HON HAMISH MACLEOD, SAID TODAY (WEDNESDAY) IN THE LEGISLATIVE COUNCIL.

SPEAKING AT THE POLICY DEBATE ON THE GOVERNOR'S POLICY ADDRESS, MR MACLEOD SAID THE ADMINISTRATION HAD ALSO PROVIDED STABILITY AND PREDICABILITY FOR THE CURRENCY THROUGH THE LINK WITH THE U.S. DOLLAR AND FOR INVESTMENT THROUGH A CLEAR COMMITMENT TO A LOW AND SIMPLE TAX SYSTEM.

HE ALSO NOTED THAT HONG KONG HAD INVESTED HEAVILY IN INFRASTRUCTURE; DEVELOPED A CLOSE ECONOMIC RELATIONSHIP WITH CHINA, THE MOST NOTABLE RECENT DEVELOPMENT BEING THE LISTING OF CHINESE COMPANIES ON THE STOCK MARKET; MADE A MAJOR EFFORT TO PROMOTE FREE, UNMANAGED WORLD TRADE AND A SUCCESSFUL OUTCOME TO THE URUGUAY ROUND AND HAVE A PRACTICAL AND SUCCESSFUL INDUSTRIAL POLICY.

"IT IS TO THE CREDIT OF THE BUSINESS AND PROFESSIONAL COMMUNITY THAT THEY HAVE BEEN TAKEN FULL ADVANTAGE OF THIS FAVOURABLE ENVIRONMENT, AND OF THE OPPORTUNITIES POSED BY THE ECONOMIC GROWTH CHINA, AND INDEED, OF MOST OF THIS REGION.

OF

"THEIR SUCCESS HAS ENABLE US TO ACHIEVE GOOD ECONOMIC GROWTH, FULL EMPLOYMENT AND RISING REAL WAGES," MR MACLEOD SAID.

ALL HUMAN RIGHTS ISSUES UNDER ONE POLICY SECRETARY: SHA

*

OF

ALL ISSUES RELATING TO HUMAN RIGHTS, INCLUDING THE PROTECTION PERSONAL DATA, FREEDOM OF INFORMATION AND PRESS FREEDOM WILL, FOR THE FIRST TIME, COME UNDER ONE SINGLE POLICY SECRETARY, THE SECRETARY FOR HOME AFFAIRS, MR MICHAEL SUEN TOLD THE LEGISLATIVE COUNCIL THIS {WEDNESDAY) AFTERNOON.

THIS DECISION, WHICH WAS ANNOUNCED BY THE GOVERNOR IN HIS OCTOBER 6 POLICY ADDRESS, WILL MEAN AN IMPORTANT PRACTICAL STEP то STREAMLINE THE DECISION-MAKING PROCESS, HE SAID.

AND MR SUEN STRESSED THAT THESE WERE SUBJECTS CONCERNED WITH FUNDAMENTAL VALUES OF OUR COMMUNITY VALUES THAT UNDERPIN OUR WAY OF LIFE."

**THE

"THE MORE ENTRENCHED THESE ARE, THE BETTER THE ASSURANCE THAT OUR WAY OF LIFE WILL BE SUSTAINED FAR INTO THE FUTURE, HE SAID,

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ON THE GOVERNMENT PLANS TO TACKLE THE VARIOUS IMPORTANT ISSUES, MR SUEN DREW ATTENTION то THE GREEN PAPER ON EQUAL OPPORTUNITIES FOR WOMEN AND MEN.

JUDGING FROM THE ENTHUSIASTIC RESPONSE THAT WE ARE RECEIVING FROM THE VARIOUS INTEREST GROUPS, I AM CONFIDENT THAT WE WILL BE ABLE TO FIND THE POINT OF BALANCE IN OUR COMMUNITY ON THE IMPORTANT MATTERS COVERED BY THE GREEN PAPER, INCLUDING THE NECESSARY MEASURES TO SAFEGUARD WOMEN'S RIGHTS.

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/ON THE