G.F. 326
CONFIDENTIAL #
- 25
45.
In order to counter the competitive pressures likely to be exerted on Hong Kong's manufacturing industries as a result of industrial development in the Guangdong, it is important that Hong Kong's products and production processes are upgraded and further diversified on a continuous basis. This is necessary to ensure that, despite their prices being higher, Hong Kong's products remain ahead of similar products from China in terms of quality. Even better would be for Hong Kong to come up with new products which avoided direct competitition with
Guangdong.
46.
This need to accelerate the shift towards higher skills and more sophisticated processes has been recognised and is one of the factors behind the increased funding by Government of education and training on the one hand, and of services to encourage and facilitiate the adoption of more productive and sophisticated processes on the other. Education and training have for a number of years taken an increasing share of a growing level of Government expenditure. Expenditure on services related
The to industrial development is also being increased. continuing challenge is to ensure that the uses to which this money is put adequately reflect the changes that are taking place in our economy.
(b)
•
Continuing to improve the educational
standard, work skills and language ability
of the labour force
47.
In order to enhance the quality of the labour force, the educational standards and work skills of the Hong Kong people will have to be continuously improved. The educational and vocational training system in Hong Kong should seek to provide sufficient manpower at different levels and in different specialisations to meet
CONFIDENTIAL #
ཁམཀ༑ "I"t;་
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