i
DWF G 043/14
302
See (25)
TM 7952.14
PP HONG KONG
HONG TRONG
PP BTC ON
BTC HỒNG
RR FCO
KONG
RR FCO (FOR DOT
GR 390
RESTRICTED
FN PEKING 13233UZ APR 83
TO PRIORITY HONG KONG
TELNO 37 OF 13 APRIL
AND TO PRIORITY BTC HONG KONG
Аката
FEAS.
NO DISTRIBUTION
MKK09|||
RECEIVED NI REGNTRY NO.
20 MAY 1983
DESK OFFICE" INDEX
RPTD INFO FCO (FOR FED AND HKGD) AND DOT (FOR OTD4).
FOR POLITICAL ADVISER
Arlon Taken
PA
си
1C Mook
1. I ATTENDED A BANQUET ON 12 APRIL HELD TO MARK THE ESTABLISHMENT OF THE EVERBRIGHT (GUANGDA) INDUSTRIAL CORPORATION, A WHOLLY CHINESE NON-GOVERNMENTAL (MINJIAN) CORPORATION WHICH WILL HAVE ITS
HEADQUARTERS IN HONG KONG.
2. EVERBRIGHT'S CHAIRMAN, WANG GUANGYING, A FORMER DEPUTY MAYOR
OF TIANJIN AND BROTHER-IN-LAW OF LIU SHAQQI, INVITED KISSINGER TO PEKING ON 1 APRIL, AND THE CORPORATION'S INAUGURATION ON 11 APRIL
WAS ATTENDED BY ZHANG JINGFU, MINISTER RESPONSIBLE FOR THE STATE
ECONONIC COMMISSION.
"
3. IN HIS BANQUET SPEECH, WANG GUANGYING SAID THE CORPORATION'S **CHIEF TASKS ARE TO ABSORB FOREIGN FUNDS AND INTRODUCE ADVANCED TECHNOLOGY AND EQUIPMENT ... AT THE SAME TIME, IT WILL BE ENGAGED STEP BY STEP IN CAPITAL INVESTMENT ABROAD AND CO-OPERATION
WITH FOREIGN FIRMS IN JOINT VENTURES BOTH AT HOME AND ABROAD IN ORDER TO STEP UP THE PACE OF CHINESE ECONOMIC DEVELOPMENT, PROMOTE ITS STRUCTURAL REFORM OF THE ECONOMY AND CONTRIBUTE TO
HONG KONG'S PROSPERITY/THIS IS NO DOUBT A LOGICAL PART OF CHINA'S DRIVE TO IMPORT TECHNOLOGY. BUT GIVEN WANG'S SENIOR CONNECTIONS IT IS ALSO LIKELY THAT THE CORPORATION WILL REPORT ON THE ECONOMIC AND POLITICAL SITUATION IN HONG KONG, AND MAY EXERCISE SOME INFLUENCE IN PEKING.
4. WANG GUANGYING WISHES TO BRING A TEAM TO HONG KONG ON 23
APRIL TO SET UP THE CORPORATION OFFICE. THEREAFTER THE CORPORATION WILL BE LOOKING TO VISIT AND IN DUE COURSE SET UP OFFICES IN MAJOR INDUSTRIAL COUNTRIES AND AT HOME (PEKING, PROBABLY SHANGHA!, AND PERHAPS TIANJIN). THE 8-MAN MISSION WILL BE MET BY LIU HAO QING, THE DIRECTOR OF THE DONG FANG OIL COMPANY, WHICH IS ARRANGING ACCOMMODATION.
5. WE ARE PRESSING THEM FOR THEIR VISA APPLICATIONS AND HOPE YOU WILL BE ABLE EXPEDITE AUTHORITY TO ISSUE ONCE THESE ARE RECEIVED.
6. VBTC MAY WITH TO SEEK AN EARLY MEETING.
CRADOCK
CCN:
6. BTC MAY WISH TO SEEK
ETC
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