XN000022-1993-11-26 — Page 3

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FRIDAY, NOVEMBER 26, 1993

RULE OF LAW ESSENTIAL FOR FUTURE: GOVERNOR

LIVING AND WORKING TOGETHER BETTER NEEDS MORE THAN JUST BETTER

TECHNOLOGY.

OF THE

A SECURE FRAMEWORK OF LAW, AND A SHARED UNDERSTANDING NEED TO LIVE UNDER THE LAW, IS ALSO NECESSARY IF SOCIETY IS то FUNCTION FREELY AND EFFICIENTLY.

THIS WAS STATED BY THE GOVERNOR, THE RT HON CHRISTOPHER PATTEN, THE OPENING CEREMONY OF EXPO 2001 ORGANISED BY THE UNIVERSITY OF HONG KONG TODAY (FRIDAY).

AT

EXPO 2001 IS ONE OF THE PROGRAMMES OF THE UNIVERSITY'S YEAR- LONG CELEBRATION OF ITS 80TH ANNIVERSARY WITH THE THEME "LIVING IN HONG KONG IN 2001".

"IT IS GOOD, IF I MAY SAY So, TYPICAL THAT YOU SHOULD

LOOKING FORWARD, BEYOND THE PRESSING PROBLEMS OF THE PRESENT WHAT IT WILL MEAN TO BE LIVING IN THE 21ST CENTURY MILLENNIUM, THE GOVERNOR SAID.

++

BE

DAY+ THE NEW

to

MR PATTEN SAID FROM THE DISPLAYS IT WAS CLEAR THAT THE MEGALOPOLIS WOULD BE A MORE COMPLEX PLACE IN FUTURE.

"MORE COMPLEX BOTH PHYSICALLY AND IN THE INSTITUTIONS NEEDED TO ENSURE THAT IT FUNCTIONS PROPERLY ΤΟ GIVE US A BETTER LIVING ENVIRONMENT AND A BETTER WORKING ENVIRONMENT," HE ADDED.

THE GOVERNOR SAID HE WAS DELIGHTED THAT THE UNIVERSITY HAD DONE SO MUCH TO LIVE UP TO ITS AIM OF BRINGING TOGETHER EASTERN AND WESTERN SCHOLARSHIP AND LEARNING.

ECONOMIC SITUATION IN THIRD QUARTER

AND UPDATED FORECASTS OF GDP AND PRICES FOR 1993

THE HONG KONG ECONOMY MAINTAINED STEADY GROWTH IN OVERALL TERMS IN THE THIRD QUARTER OF 1993.

ROBUST.

LOCALLY, CONSUMER SPENDING SHOULD HAVE REMAINED BUILDING AND CONSTRUCTION ACTIVITY ACCELERATED FURTHER, MAINLY PROPELLED BY PUBLIC SECTOR ACTIVITY ON INFRASTRUCTURAL PROJECTS.

BUT INVESTMENT IN MACHINERY AND EQUIPMENT SLACKENED.

EXTERNALLY, TOTAL EXPORTS CONTINUED TO REGISTER A NOTABLE THOUGH AT A LESS RAPID RATE THAN IN THE EARLY PART OF THIS

INCREASE,

YEAR.

/THE GROWTH