TNAG-2460-FCO40-3581-Hong-Kong-annual-report-for-1992-1992 — Page 56

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FM HONG KONG

TO IMMEDIATE FCO

TELNO 594

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AMENDED DISTRIBUTION 28/1445Z

OF 270954Z FEBRUARY 92

(Reck 2872 pm)

YRTELNO 311: ANNUAL REPORT ON HONG KONG

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MDHIAN 4922

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1. THANK YOU FOR THE TEXT OF THE FINAL PROOF.

2. WE HAVE SEVERAL MINOR AMENDMENTS TO THE REPORT WHICH WE HOPE COULD BE INCORPORATED INTO THE TEXT BEFORE PRINTING:

(A) PARA 22, LAST SENTENCE: PLEASE INSET QUOTE 16 UNQUOTE BEFORE QUOTE DOUBLE BACKERS UNQUOTE:

(B) PARA 30, SECOND SENTENCE: WE PREFER OUR SUGGESTED WORDING QUOTE TO REDUCE BOTTLENECKS TO ECONOMIC GROWTH UNQUOTE TO QUOTE TO FACILITATE POSITIVE ECONOMIC TRENDS UNQUOTE. IN VARIOUS

OCCASIONS WE HAVE SAID THAT THE CONTINUATION OF THE LABOUR IMPORTATION SCHEME IN A CONTROLLED MANNER WAS AIMED AT REDUCING BOTTLENECKS TO ECONOMIC GROWTH, WHICH WAS ALSO BENEFICIAL TO LOCAL WORKERS IN THE LONG TERM. THIS IS PARTICULARLY RELEVANT WHEN THE HONG KONG ECONOMY IS UNDERGOING RAPID STRUCTURAL CHANGE WHICH RESULTS IN UNDUE PRESSURES ON RESOURCES IN CERTAIN SECTORS. THIS SHOULD BE DISTINGUISHED FROM SUPPORTING ECONOMIC GROWTH BY

MASS AND UNDISCRIMINATIVE IMPORTATION OF LABOUR.

(C) PAR 59, LAST SENTENCE: PLEASE DELETE THE WORDS QUOTE IN 1992 UNQUOTE. WE CANNOT BE SURE THAT THE BILL WILL BE ENACTED IN 1992.

3. PLEASE COULD YOU LET US KNOW DESKBY 28030OZ WHETHER YOU HAVE

ANY OBJECTION TO THE ABOVE AMENDMENTS.

4. WE HAVE NO PROBLEMS WITH THE PUBLICATION DATE OF FRIDAY 6 MARCH. WE ASSUME THAT BECAUSE OF THE TIME DIFFERENCE, THE REPORT WILL BE PUBLISHED IN LONDON ON 6 MARCH AND IN HONG KONG ON THE FOLLOWING 9 MARCH. OUR TIMETABLE WILL BE:

7 MARCH DISTRIBUTE ADVANCE COPIES TO EXCO AND LEGCO MEMBERS, FOLLOWED BY ANNOUNCEMENT OF PUBLICATION OF THE REPORT.

9 MARCH MAKE COPIES AVAILABLE TO THE PUBLIC

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