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a new Home Purchase Loan Scheme is being implemented.
The Housing Authority aims to satisfy all exisitng and
new housing demands in all categories by the year 2001.
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Many Members have expressed a desire to see
Hong Kong make further strides in arts. They feel that
as Hong Kong is making significant achievements in international
trade and finance, so should we strive for improvements
to our cultural life.
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We are already in a very exciting time of creativity
and dynamism in the performing arts, with enthusiastic
support and contribution by many highly motivated participants
in all fields of the performing arts. Many fine performances
are staged regularly by the Hong Kong Philharmonic, Hong
Kong Chinese Orchestra, Hong Kong Ballet, Hong Kong Repertory
Theatre and Chung Ying Company, just to name a few.
They deserve all the encouragement and support that the.
Government can give.
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A substantial increase in funding will be necessary
to keep these performing groups going. Over the years,
Hong Kong has made good progress in the provision of
facilities and training opportunities for young artists.
It is now time for these groups to be given priority.
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On the sports front, the need for additional funds to enable further development is well recognized.
The Government is particularly concerned about the future
direction in which Hong Kong should move in the area
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