With its accelerating economic recovery and shift toward a balanced budget, Hong Kong will continue to be "the gateway to China" for businesses from Japan and around the world in the coming century, according to the principal representative at the Hong Kong Economic and Trade Office in Tokyo.

Cheung Man Yee made the remark in an interview this week, following up on the Hong Kong Special Administrative Region's announcement last week of its fiscal 2000 budgetary appropriation bill.

According to the bill, Hong Kong's economy is expected to grow 5 percent in fiscal 2000 -- which starts in April -- following 2.9 percent growth in the previous fiscal year.