TNAG-2248-FCO40-3231-Trade-investment-conferences-concerning-Hong-Kong-1991 — Page 94

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

development of

Hong Kong. Here, I would

briefly about the role played by the

organizations in Hong Kong. The

like to talk

Chinese-funded

Chinese-funded

organizations in Hong Kong should, both now and in

future, observe the rules of the game in Hong Kong and

have fair

competitions with other

equal

footing. The Chinese

on an

Hong

very

enterprises

Government has repeatedly

warned them that to break the rules of the game in

Kong would mean the disruption of Hong Kong's prosperity

and stability and the deprivation of their foothold in

Hong Kong. The Bank of China understands this point

well: the reason why it has a continuously booming

business in Hong Kong lies in the fact that Hong Kong is

international financial centre. Should the Bank of

China exclude other financial capital in Hong Kong in

attempt to monopolize. the financial market there, the

status of Hong Kong as an international financial centre

shall no longer exist, which would mean that the Bank of

China itself shall lose the conditions for its

development in Hong Kong. The Hong Kong-based

an

China

an

Bank of

of

knows very well what to do and what not to do.

course, how to make a socialist enterprise gradually

adapt itself to the capitalist environment and operate

in accordance with the rule of capitalism is a new

subject for us, and we are still on the learning curve.

Fifthly, to attract investment from outside the Region

a good environment for investment. In the case

requires

10

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