ENG-1968 — Page 40

Hong Kong Year Books 香港年報 All

20

PROGRESS

ingenuity and hard work. It has been said that no underdeveloped territory can proceed to the economic 'take-off' stage without external aid but Hong Kong has got so far with negligible aid and in an intriguing atmosphere of free enterprise. If the chroniclers are objective, they will be bound to compare the changes and growth here with the progress of every other territory of 400 square miles, every other community of under four millions, half of whom are immigrants, every other war-ravaged and depopulated area and every other place whose natural resources are virtually confined to men and fish. And if they are objective they will wonder not that so little, but that so much, was done in the face of geographical and political discouragement. 1968 was not a year in which Hong Kong 'bounced back', but in which it rolled on, gathering substance with every turn, while its watchful eyes remained alert to the natural and man-made political and economic hazards which are constantly thrown up against its continued progress towards a higher standard of living for its people.

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