TNAG-0638-FCO40-786-Supplies-of-electricity-for-Hong-Kong-1977 — Page 26

MAGE OF A MEENA BOLLKOM

MINISTER FOR FUPERG

Those Present:

95, No LI ON

Secretary of State Ar le Cheminant

Miss G Broun CIP

Mr E T Davies,

Con

Counsellor, IN Aaboery, Pering

Mr J Anderen, 050

Me EF Fergusson SNP

Mr G H Stevens, CIT

Hy D Evans, APS/309

(269)

ENERG

PA

چاه PK

CATANGE WENDA DELEGATION IT WI

Hr 74 Chian

Ar Yun Pan-hrs Viee-inister of State

Planning Commission

!

Indo

Donnie's looville of China foral Chinese delegaten

HKK 16+ /1

150

12

Secretary of State opening the neeting bored that the viewdd.conschläute.

developing relations between the two countries, paprasted that the UK had much of value and interest to offer in the energy field, and velcomed comments an developmenis in the world energy scene, noting that energy is the main lifeline for industry and

economic development. Mr i said that thio vas his fivet visit to the UK and his first

official visit to a Western country. de veranked that negotiation on a Trade Agreement") with the 250 war going smoothly and experten to be able to sign an agreement nex1⁄4bern.

He noted that in the last few years the chinere orgnemy had suffered losses fren abnormal events, but it was trying to make up by resolute measures undertaken by

Chairman Hus. The basic principle was independence and self-reliance, but they alco

attached great importance to international trade. TheChinese would like to absorb

good experience and advanced technology from abroad. le remarked that concerning energy China has no problem, it do self-sufficient and in future could have surplus to export He noted a parallel with the UK's favourable energy position on oil and coal, and exquedos

that there was ruch that could be Jannet from the U. He added that current producties

rates were not sufficient, that more production would be required in the future. reserves are very large; il could be exploited for many Jesus and coal Jer much.

longer.

China'

2 Secretary of State noted that the UK moal reserves would last 200 yeard st

consumption rates. At present the dinentory of new reserves vas raster than the consumption rate.

Now beans up to 50 font thick have been found under the North Sea

However, the real reserves are the axills of manpo ter and technology for ex reserves.

Britains position in gas, coal, oil and nuclear was a gang haale for responding to Chinese interest in expanding Ale energy production, the 52 was serievo to help. Der new coal production testinde pe de

than had hitherto been arterienced:

the US gas industry was sinn belefitti-

soneulberry Hu M

also had very long experience in un deur volan porotteldon and amocenataya areas providea a rich bacib for co-cy entity maide relied upon the Chi

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