TNAG-2048-FCO40-2918-Visits-by-members-of-the-Office-of-the-Members-of-the-Execut-1990 — Page 47

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A Flourishing International City

Hong Kong is one of the world's most successful economies, quite out of proportion to its size of only 1073 square kilometres and its population of 5.7 million people :

The world's largest exporter of watches, and second largest of garments & toys.

Ranks eleventh in the league of trading economies.

The busiest container port in the world and one of the best deep-water harbours.

An average per capita income of US$11,000 in 1989, second only to Japan in Asia.

Asia's leading tourism destination.

One of the largest financial centres in the world.

An average real growth of over 8% per annum during the last 10 years.

Strengths of Hong Kong People:

Resilient and pragmatic outlook

Entrepreneurial spirit

Track record of success

Work ethic

Well educated

Community spirited

Strengths of the Environment:

Efficient and safe

Benevolent administration and sound legal system

Minimum bureaucracy and a sensible application of the

policy of " positive non-intervention "

Excellent geographic location and strong infrastructure Financial dynamism