TNAG-1630-FCO40-2246-Visits-by-Hong-Kong-Government-officials-to-China--the-UK-an-1987 — Page 33

12

so well

their

on

2.1.29 Kaw material industries are, by comparison, not

developed. Measures will be taken to promote

development. In recent years, the emphasis has been

the manufacturing of building materials like cement and

plate glass and the expansion of existing iron and steel

plant, chemical fertilizer and chemical manufacturing

enterprises. In the future, resources will be obtained

to develop, on a considerably larger scale, industries

such as petrochemicals, ethylene engineering, soda ash,

compound fertilizers, iron and steel, and the melting of

non-ferrous metals.

2.1.30 The growth in industrial production has been quite rapid

in recent years. It is expected that an average annual

growth rate of around 10% will persist for તુ

considerably long period of time. Special attention

will be paid to raising the economic benefits, quality

and technological level including the establishment of

some technologically advanced industries.

2.1.31 While promoting industrial development in

the coastal

in

the rural

areas, development of natural resources

areas will also be speeded up. While developing urban

industries, attention will also

establishment of enterprises at the town! and village

levels.

be

paid to the

trades and

2.1.32 There will be a cortinued effort to develop processing

compensation trade, to encourage joint

attract erterprises financed

exclusively by foreign capital. The import of

technology and management skills will be stepped up and

ventures,

in

and

to

these two respects, co-operation with foreign

countries will be promoted.