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- 2

-

3.

4.

5.

6.

7.

8.

to

that

the

PWR

Vice-Premier Li-Peng stated that the Chinese Government had paid great attention nuclear power plants after the occurrence of Chernobyl incident. A lot of analysis and research had been done

it

concluded and

of reactors to be type China was constructed was well proven and safe.

not prepared to make any changes to her nuclear power development plan and the Daya Bay plant would be constructed as scheduled.

was

Vice-Premier Li-Peng said that the electric power development programme of China would be based on the orders of 1st priority fossil-fired plant, 2nd priority hydro plant and 3rd priority nuclear plant. On the aspect of nuclear plant, main effort would be concentrated on the construction of the plant at Chin-shan and Daya Bay.

Furthermore, the Vice-Premier made the following statements :

there would not be any changes in Nuclear Power Policy of China;

the Chernobyl incident relayed a message that high safety standards must be ensured;

safety and quality should be put on first position during the construction phase;

the tight construction schedule should sacrifice of quality and safety;

not be achieved in the

proper measures should be implemented to was not just a high sounding word.

believed that

the

Daya

ensure that 'safety'

Bay project

would

make

Vice-Premier contribution to the well beings of the people of Hong Kong, Shenzhen and Guangdong Province.

Mr. Stones replied that both himself and CLP were very positive to attention to the project.

pay great He agreed that JVC should

He

safety and quality.

was pleased to know that a strong and powerful National Nuclear Safety Bureau was set up to formulate and

of

Mr. regulate the

Stones implementation

safety standards. further explained that JVC should strengthen its public relations work to put forward information positively to people and re-assure them from time to time.

aware

Mr. Stones raised the point that Bank of China had tried to add some conditions to the loan arrangement and he hoped Vice-Premier

to solve Li-Peng could offer help

the issue. The Vice-Premier replied that he personally was

of the problems but thought that they were about to be resolved. Mr. Zhou Ping explained that issue was left most of the problems had been solved and only one behind. The outstanding issue was that Bank of China requested JVC to open an account with BOC to accumulate sufficient fund for each half-yearly installment payment. Mr. Zhou Ping said that the issue would be negotiated between JVC and BOC very soon.

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