SMA

(Attn. Mr Joseph Yam)

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Mr Martin Lees:

PA CR 11/1476/87 (88) II

Follow up conferences on

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He had seen you earlier

W

Mr Lees saw me on 10 March.

in the day.

2.

Mr Lees confirmed that his plans for meetings on reform of the financial and banking system and on increasing foreign investment were going ahead for 3 July and probably

He maintained that he had November of this year respectively.

very high level backing for the conferences on the Chinese

side.

The format was for the detailed meetings to take place between about twelve senior visitors and an equivalent number

After that he of Chinese of around vice-ministerial level. said he was "guaranteed" meetings with Zhao Ziyang and Li Peng if they were both in town, and possibly Deng Xiaoping. visiting team would include a number of major figures, including Lord Barber and senior United States and Japanese personalities.

2.

The

Mr Lees said that Mr Tony Fung of Sun Hung Kai was likely to attend the first meeting to represent Hong Kong interest. He had been suggested by the Chinese themselves. Lees was thinking of Mr Gordon Wu for the second conference.

3.

Mr Lees said that he would be very ready to ask members of the visiting team to put over to the Chinese leadership any points on Hong Kong which we would think useful. I gave him a general picture of our views on the importance of maintenance of autonomy etc. and said that we would think about how we might take up that offer.

Mr

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