TNAG-2248-FCO40-3231-Trade-investment-conferences-concerning-Hong-Kong-1991 — Page 87

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

Hong Kong with large amount of cheap raw materials, daily

staple and non-staple food and labour

necessities,

the

beneficial

force. Of course, this is done on a mutually

basis. On the part of the Mainland, this adds to the

state foreign exchange revenues while on the part of Hong

Kong, it reduces the cost of production, thus sharpening

competitive edge of its products in international

market. In recent years, this advantage continues to

develop. In the Pearl River Delta alone, each day there

are more than two million workers processing products for

the factories of Hong Kong. That area has become a vast

backyard for the development of Hong Kong's industry.

any of you have the chance to visit

neighbouring areas, you will surely see that various

vehicles, big or small, are moving in an endless stream

on the road leading to Hong Kong. (According to

statistics, there are more than 10,000 vehicles moving in

and out of Hong Kong every day.)

То view it from

provides

If

Shenzheng and

another angle, the Mainland also

Hong Kong with a huge potential market. Due

its favourable conditions, such as geographic

to

location,

personal ties and language, Hong Kong serves as an ideal

springboard for Western countries to enter

into the

Chinese market and an ideal window for Chinese products

to find Western markets. In 1990, the trade volume

between Hong Kong and the Mainland amounted to more than

US$ 50 billion. The figure of trade volume

kept going

3

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