PRO-CHINA industrialists have denied planning to oust veteran legislator Jimmy McGregor from the Hong Kong General Chamber of Commerce General Committee in this month's elections. Mr McGregor, the chamber's representative in the Legislative Council for the past six years, sees the coming election as the testing ground for next year, when members will fight for the right to represent the chamber through its functional constituency seat in the Legislative Council. The legislator has been warned opponents are trying to canvass proxy votes to block his re-election in the April 26 poll. ''If I fail in this election, then I would have no chance in 1995. It is a very clear indicator,'' Mr McGregor said. Although only eight candidates are competing for seven general committee vacancies, Mr McGregor admitted to being a little anxious about the election. ''If it's purely based on my performance and contribution to the chamber, then there's no difficulty. But the chamber has become a political entity since 1989,'' he said. Appointed legislator Henry Tang Ying-yen is one of three new challengers in this month's election, and has been widely tipped to be planning to run against Mr McGregor in next year's Legislative Council polls. But Mr Tang denied his seeking a place on the general committee was the first step towards kicking Mr McGregor out of the chamber's seat on the Legislative Council. Although holding open the possibility of running against Mr McGregor, he said he might stand for the new textile functional constituency instead. ''Mr McGregor is doing very well. I would be happy if we both won next year,'' Mr Tang said. He said he was aware of his high reputation in the textile industry, but the final decision rested on the shape of the new seat. ''It will depend on the voting method for the functional constituency. If Governor Chris Patten's proposal is accepted, I may not have a good chance in this functional constituency,'' he said. Fellow legislator James Tien Pei-chun, who has sent out thousands of letters supporting Mr Tang's candidature, said he was sure the businessman would prefer to stand for the new textile seat rather than compete against Mr McGregor. Mr Tien also tipped Mr McGregor over the other two new candidates in the April 26 contest: Brian Stevenson, managing partner of Ernst and Young, and Dennis Lee, managing director of King Score Industrial. The other company heads seeking re-election on April 26 are William Fung Kwok-lun, of Li and Fung Limited; Daniel Koo, of Shui Hing Company; and Paul Selway-Swift, of Hongkong Bank.