TNAG-0300-FCO40-336-Entitlement-of-Hong-Kong-to-generalized-tariffs-preferences--1971 — Page 42

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

FEIAL

5 Since 1945, unemployment has not on the whole been a problc 1.

New industries moving into Lancashire have absorbed redundancica

and unemployment in the region has normally been below the

national average. Indeed, one problem facing progressive

textile firms in extending multi-shift working has been to got

enough labour. Working conditions still tend to be unattractive

and the pay relatively low. Even to-day mills do not seem to

find labour abundant.

Tho

Thio in

6 The last 10 years have seen changes for the better.

major influence has been entry, directly or indirectly, of the

big man-made fibre producers, notably Courtaulds, into the

traditional areas of spinning, weaving and downstream processes,

mainly in order to preserve their markets for fibres.

turn reflects the emergence of man-made fibres as major

compotitors to and complements of cotton, so that the "cotton"

industry to-day in fact handles about 50 per cent of these

materials. The establishment of major groupings, either on tho

initiative of the fibre producers or as defensive moves, has not

always optimised officiency, but has at least brought

sophisticated management and marketing, and financial strength

into the industry However, a large number of small and

medium firms remain, many with elderly plant and old-fashioned,

management.

TEXTILE COUNCIL STUDY

7

HMG's present textile policy is based largely on the

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.