TNAG-0943-FCO40-1162-Future-of-Hong-Kong-1980 — Page 124

(B).

GDP incrend The

by

This

11.5% an

1979.

construction industry is overrfectched. does not suggest that there is any lack

BUSINESS CONFIDENCE IN THE FUTURE OF HONG KONG

of confidence

4There are at present no indications that business confidence

is adversely affected by the terms of the Peking Convention of

1898. In March 1979, the Governor of Hong Kong was specifically

asked by Vice Premier Deng Xiaoping to tell investors to 'put

their minds at ease'

•

B

PROPOSED NEW AIRPORT FOR HONG KONG

5. I refer to the answer I gave the honourable Member for

Liverpool, Scotland Exchange, on 4 December last year

CHINESE PROPOSALS TO BUILD A NUCLEAR POWER PLANT

CLOSE TO HONG KONG

I

C

6. I refer the honourable Gentleman to the reply which my

honourable Friend the Minister of State for Foreign and →

Commonwealth. Affairs gave him on 2 June, to the hon Member for Liverpool, Scotland Exchange.

шароб,

JOINT VENTURES BETWEEN HONG KONG AND CHINA

7. There is an increasing number of joint ventures between

Hong Kong and China. The majority are industrial projects

in Guangdong province, many of them in the special economic

zones which the Chinese authorities have established in the

area. HMG and the Hong Kong Government welcome the development

of such projects. They underline the growing economic cooperation

between the Territory and southern China.