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The first special session of SOM has agreed that the "action agenda" would contain three components - trade and investment liberalisation and facilitation, and economic and technical co-operation. Short, medium as well as long-term action programmes on specific areas will need to be worked out for the "action agenda".
Prior to the special session of the senior officials, the Committee on Trade and Investment as well as experts on investment and customs procedures will meet to consolidate their action plans on trade facilitation for consideration by the Senior Officials.
The Hong Kong delegation will comprise senior officials from the Trade and Industry Branch, the Industry Department, the Customs and Excise Department and the Trade Department.
Members of APEC are Australia, Brunei Darussalam, Canada, Chile, the People's Republic of China, Hong Kong, Indonesia, Japan, the Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, the Philippines, Singapore, Chinese Taipei, Thailand and the United States of America.
End/Friday, April 7, 1995
One fifth of Govt expenditure spent on education
Education has always taken up the largest share of the government's recurrent budget and in the 1995-96 financial year, a total of over $16.7 billion has been allocated to the Education Department.
The acting Director of Education, Miss Elaine Chung, said this when addressing the Rotary Club of Admiralty today (Friday).
Miss Chung said over $6 billion would be spent on primary education, $8.8 billion on secondary and $707 million on special education.
Miss Chung said education spending represented over one fifth of recurrent public expenditure and the Government was committed to increasing recurrent spending on education further, by 15.8 per cent in real terms from now to 1997.
"In Hong Kong, the education system is fair and accessible and no child is denied education due to lack of means.
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