TNAG-2007-FCO40-2855-Address-by-Sir-David-Wilson--Governor-of-Hong-Kong--at-the-o-1990 — Page 59

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but has also

played an important part in bringing about an

average annual increase in our total China trade of 30% over

the past five years. The southern coastal belt of China,

and the Pearl River Delta in particular, is set to be an

area of substantial economic growth for the next two or

three decades. Hong Kong must be ready and able to play a

major part in this process.

(b) An international business centre

102.

Economically,

regional, role

we have а global, as well as a

to

play.

Last year, we set up the

International Business Committee, under the Chairmanship of

the Chief Secrecary.

symbol of

This Committee is more than just a

the key role which overseas investors and

companies will continue to play in Hong Kong. It brings

together representatives of all the foreign chambers of

commerce in a high-level forum where major practical issues

of concern to the overseas community can be discussed.

community is growing fast.

companies

This

The total number of overseas

based in Hong Kong has increased for the last five

years at the rate of nearly 60 per year. This is a net

figure: new arrivals far more than compensate for the few,

over-publicised cases of companies deciding to leave.

/103. These

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