TNAG-0333-FCO40-369-Visits-of-Secretary-of-State-for-Foreign-and-Commonwealth-Af-1972 — Page 29

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

POOR BRITISH TRADE PERFORMANCE IN HONG KONG?

3.

has been

I am aware that Britain's overall share of the Hong Kong

market is declining (since 1968 it has stagnated at between

9% and 8%). A major British Industrial Exhibition, at which

some 160 British firms are represented, opens today in Hong

Kong and is an important and integral part of a new promotional

effort we are making to reverse this trend in the face of

fierce competition mainly from Japan and the United States.

MASS TRANSIT SCHEME

4. Hong Kong has taken the decision in principle to build

an underground railway at a probable total cost of £500

million at mid-1972 prices. I hope that a British consortium

will be successful in securing the contract for this project.

CONSTITUTIONAL ADVANCE

5.

Because of Hong Kong's special position, constitutional

development towards self-government is not possible.

generally realised in the Colony.

WHO REPRESENTS THE WORKERS IN HONG KONG?

This is

6. Hong Kong is run through a complex pattern of statutory

boards, Councils and Committees, and on those which are con-

cerned with Industrial Employees (eg the Labour Advisory Board)

workers sit both as individuals and as trade union represen-

tatives.

2

/WAGE RATES

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