In this era of fast technological development and capital formation, venture capital has been proven to be of valuable assistance to the application of advanced technolgies and innovations in industrial endeavours. I call on the financial circle to give the concept a thorough examination. well-being of our industry is a concern of each sector of our society and every means of effecting its progress and reformation must be attempted.
The
At the beginning of my speech, I mentioned that the development of our industry demands the industry of businessmen, labour and the Government. The traditional attitude of non-interference of the Hong Kong Government towards our economy may not be the best policy in this period of fundamental structural change. Active assistance in helping the transformation of our traditional industries as well as developing new, technologically advanced ones should not be seen as contradictory to the conviction that Hong Kong is a free economy and should remain so, which is essential to the
The role of the confidence of investors, here and abroad. Government should not be limited to providing a stable and free economic environment for investors; the scope of involvement should encompass the development of industry support measures in human resources and in an infrastructure that is instrumental and conducive to the transfer and exploitation of technology.
Finally, I strongly call for the Government's direct active support and participation in the establishment of the necessary industrial infrastructure, so that the development of industry in Hong Kong will be one with purpose, direction and renewed energy.
(S5S3: LAI DI)
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