XN000022-1994-01-27 — Page 11

TRIPLE PACK

THURSDAY, JANUARY 27, 1994

10

THIS PACK, ALSO ON SALE ONLY AT THE EXHIBITION, CONTAINS ONE EACH OF THE STAMP PRODUCTS RELEASED FOR HONG KONG 194. THEY INCLUDE:

*

$10 DEFINITIVE STAMP SHEETLET (NO. 6) "VISIT HONG KONG 194":

$5 DEFINITIVE STAMP SHEETLET (NO. 8) "A STAMP IS BORN"; AND

HOLOGRAM POSTCARDS SERIES NO. 1 AND 2.

THE SELLING PRICE IS $40 PER PACK.

EXHIBITION PASSPORT

SOCIETY.

THIS IS A PRODUCT ISSUED BY THE HONG KONG PHILATELIC IT WILL BE MADE AVAILABLE FOR SALE ONLY AT THE EXHIBITION VENUE.

GOVT HELPS TECHNOLOGY ADVANCEMENT

* * * * *

THE GOVERNMENT HAS A CRUCIAL ROLE TO PLAY IN HELPING THE MANUFACTURING SECTOR TO MOVE UP THE TECHNOLOGY AND VALUE-ADDED LADDER, THE DIRECTOR-GENERAL OF INDUSTRY. MISS DENISE YUE. SAID TODAY

(THURSDAY).

SPEAKING AT A LUNCHEON OF THE HONG KONG GENERAL CHAMBER OF HAD EMBARKED COMMERCE, MISS YUR SAID IN RECENT YEARS, THE GOVERNMENT ON A NUMBER OF INITIATIVES TO SUPPORT THE DEVELOPMENT AND APPLICATION OF INDIGENOUS TECHNOLOGIES.

"ONE SUCH INITIATIVE IS THE ESTABLISHMENT OF THE TECHNOLOGY CENTRE, WHICH IS ALREADY PROVIDING INCUBATION FOR TECHNOLOGY-BASED START-UP COMPANIES, AND WHICH WILL PURPOSE-BUILT PREMISES LATER THIS YEAR.

"ANOTHER IS THE $200 MILLION APPLIED RESEARCH AND

SCHEME, ESTABLISHED A YEAR AGO, ΤΟ PROVIDE MATCHING

INDUSTRIAL FACILITIES

MOVE

INTO

DEVELOPMENT FINANCIAL

ASSISTANCE TO LOCAL COMPANIES IN THEIR PURSUIT OF DOWNSTREAM RESEARCH AND PRODUCT DEVELOPMENT, SHE SAID.

門

THE

APPROVAL

SO FAR, $15 MILLION HAVE BEEN APPROVED FOR FOUR PROJECTS.

MISS YUE SAID A THIRD INITIATIVE WAS, SUBJECT TO OF THE LEGISLATIVE COUNCIL, THE PROVISION OF AN ADDITIONAL $180 MILLION

THE COMING FINANCIAL YEAR FOR INDUSTRIAL SUPPORT PROGRAMMES.

IN

TRADE SUBMIT

AND

NOTING THAT THE FUND WOULD BE OPERATED ON AN APPLICATION BASIS,

INDUSTRY-SUPPORT MISS YUE URGED ORGANISATIONS SUCH AS

BODIES, AND INDUSTRY ASSOCIATIONS AND HIGHER EDUCATION INSTITUTIONS TO PROPOSALS WHICH WOULD BE BENEFICIAL TO THE INDUSTRIAL TECHNOLOGICAL DEVELOPMENT IN HONG KONG.

/ALL SUBMISSIONS