CONFIDENTAL
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at Shenzhen,
Investment is expected to increase
and the Ta Kung Pao of 11 March 1979 anticipated
that over 100 investment schemes would be in
operation by the end of the year. There have also
been rumours for some time that the Ford Motor Company
were planning to set up a vehicle production plant in
Shenzhen, but these have not yet been confirmed.
Agricultural Development
10.
The development of agriculture in Shenzhen
is not being neglected, at the expense of industry,
although most agricultural land is now being redesignated.
The Ta Kung Pao of 11 March 1979 reported that since
last May, 217 pig farms have been planned, some of which
are already in production. Travellers reported in
November last year, the establishment of two large
battery chicken farms to cater for the Hong Kong and
Macau market. The daily farming industry is also being
expanded, Rice growing is gradually been replaced by
vegetable growing, again largely for the Hong Kong
market, and more fish ponds are being excavated and
stocked for the sale of fresh water fish to Hong Kong.
Conclusion
11.
Shenzhen is developing rapidly, in spite of
the limited manpower and resources and is being aided
by outside investment and expertise. Chinese officials
are encouraging such foreign (including Hong Kong)
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