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DR WILSON
PS
CONFIDENTIAL
HKK 020/2
RECEIVED IN REGISTRY
24 OCT 1986
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29
Interesting staff (esp. 2ve 1/2 I thich, of No wye's,
Mr. Austin
Papr
198 you may find the
30 September 1986
(with despatch)
PS/Mr Renton
PS/PUS
If
interest
781%
Sir P Cradock, No 10 Mcmill
HKD
OT2, DTI
Protocol Department
Economic Advisers
Thanks it was
backy
DSKA
Research Department So31
Planning Staff
Assessments Staff,
Cabinet Office
B110
DESPATCH FROM PEKING: ECONOMIC REFORM IN CHINA
1. I submit Sir Richard Evans' despatch of 8 September
with an attached memorandum on "Economic Reform in
China". It does not address political reform (on which a
further despatch is promised) but nevertheless stresses the importance of economic reform, both for China and
further afield. Effective economic reform will allow
China to take her proper place in the international community and will give her greater political weight during the 1990s and thereafter. The Chinese economy may
also become a model for economic development for other developing and communist countries.
2. The despatch explains that the aim of economic reform
is to galvanise China's economic development and quadruple output within twenty years (1980-2000). To do
this, China has rejected both Maoist and Soviet formulae,
for sound economic and probably also political reasons.
FC2AAR
CONFIDENTIAL
/3.