TNAG-0735-FCO40-939-Policy-objective-for-the-developing-of-Hong-Kong-in-the-1980-1978 — Page 197

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arrived at certain forecasts of the likely growth of

exports of both goods and services over the five years

1978 to 1982.

57. Six Sub-Committees are studying the factors which

have attracted or deterred the establishment of new

B

activities in the manufacturing and other sectors of the

measures taken in competitor

economy here, and the

count ries and their comparative success.

58.

These Sub-Committees will report before the end

of the year, and on the basis of all the material by

then assembled, the Committee will move on to the final

stage of considering whether the re is a case for

modifying existing Government policies and/or extending

them to facilitate diversification of our economy..

59. This stage is planned to commence after the

preparation of the Budget and will lead on to the

compilation of the Advisory Committee's im vitably

lengthy report. I hope that the Advisory Committee

will have accomplished its task by the middle of

next year.