17 OCT ET
PRESS BRIEFING BY HONG KONG GOVERNOR
AT HKCO AT 10.30 AM ON 17 OCTOBER 1991
Good morning sorry to keep you all waiting. This is a slightly more formal
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looking occasion than I had expected. I have just come to give you a sort
of background on what I have been doing.
Let me explain what I have been doing in London.
D
I came here to attend the TXC Annual Dinner which is a tremendous occasion because they get a very large number of the top business men in London, a significant number of ministers, members of parliament and people from the media and it is
a very good opportunity to put across a message in Britain which I am very
keen to put across and that is, that Hong Kong itself is doing well economically we are picking up after a period of slow growth like the rest of the world, but we are picking up, we are getting to estimates of 4% real growth and the other story which I think needs to be put across here which is the enormous economic growth of Southern China and the role that Hong Kong plays in that. The fact that we have something like 3 million people in Guangdong province working for Hong Kong enterprise, the fact that we in. Hong Kong... provide something like 70 to 80% of the investment in Guandong and the enormous growth as a result in our own trade with China and the phenomenal growth of exporting from China even though it is something like only 6% of the total population of China it plays a very major role in China's total exports. So the TPC Dinner was a chance to put: across to our very influential, very important audience those sort of messages of what is happening in Hong Kong. But I also whenever I come to London, I take the opportunity to see ministers, I saw the foreign secretary, Douglas Hurd, I saw Lord ethos of course
Caithness
I talked to senior officials Everytime I come I also try to go to one of the other ministries and give them a sort of seminar discussion on what is happening in Hong Kong so that they are brought up to date about how
To'd D9SI ESP T¿Ø
NOCNO7 09XH
12:21
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