TNAG-1330-FCO40-1757-Future-of-Hong-Kong-test-of-the-acceptability-of-the-Joint-D-1984 — Page 33

CONVERTIBLE, MARKETS FOR FOREIGN EXCHANGE, GOLD, SECURITIES

AND FUTURES WILL CONTINUE AND THE FREEDON TO MOVE CAPITAL 1 AND OUT WILL BE GUARANTEEI

CEED.

(IV) THE ECONOMIC INTERESTS OF BRITAIN AND OTHER COUNTRIES IN HONG KONG WILL BE TAKEN CARE OF. FOLLOWING OUR RESUMPTION OF SOVEREIGNTY OVER HONG KONG, PUBLIC SERVANTS AND POLICE OFFICERS OF BRITISH OR OTHER FOREIGN NATIONALITY MAY REMAIN IN EMPLOYMENT, IN THE SAME WAY AS OFFICERS OF CHINESE NATIONALITY. THEIR PAY AND ALLOWANCES WILL BE NO LESS FAVOURABLE THAN BEFORE. THE SPECIAL ADMINISTRATIVE REGION MAY ALSO EMPLOY PERSONS OF BRITISH OP OTHER FOREIGN NATIONALITY AS ADVISERS, OR IN OTHER CAPACITIES UP TO POSITIONS CORRESPONDING TO DEPUTY HEAD OF PRESENT SECRETARY'' LEVEL DEPARTMENTS. OF COURSE, THESE FOREIGNERS CAN ONLY BE EMPLOYED AS INDIVIDUALS AND CAN BE RESPONSIBLE ONLY TO THE HONG KONG SPECIAL ADMINISTRATION REGION GOVERNMENT.

BRITISH INVESTMENT AND ECONOMIC INTERESTS IN HONG KONG

WILL BE LOOKED AFTER AND PROTECTED ACCORDING TO THE LAW. HONG KONG HAS CLOSE ECONOMIC RELATIONS WITH MANY STATES AND REGIONS AND

THEIR ECONOMIC INTERESTS IN HONG KONG WILL RECEIVE THE SAME PROTECT- ION AND CONSIDERATION.

OUR BASIC POLICIES TOWARDS HONG KONG ARE LONG TERM POLICIES AND ARE ABSOLUTELY NOT AN EXPEDIENT MEASURE. THESE BASIC POLICIES WILL

BE UNCHANGED FOR 50 YEARS FOLLOWING THE ESTABLISHMENT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION. TO ALLOW HONG KONG TO MAINTAIN A CAPITALIST SYSTEM DURING A RELATIVELY LONG PERIOD OF TIME WILL NOT AFFECT THE QUALITY OF CUR COUNTRY'S SOCIALISM. WE ARE A GREAT NATION OF ONE BILLION PEOPLE. FOR THE SEVERAL MILLIONS OF PEOPLE IN THE HONG KONG SPECIAL ADMINISTRATIVE REGION, UNDER THE DIRECT JURISDICTION OF THE CENTRAL PEOPLE'S GOVERNMENT, TO RETAIN THE CAPITALIST SYSTEM WILL IN NO WAY DAMAGE THE QUALITY OF OUR SOCIALISM. INSTEAD IT WILL GIVE FULL PLAY TO FAVOURABLE CONDITIONS IN HONG KONG, AND WILL PLAY A BENEFICIAL SUPPLEMENTARY ROLE IN THE CAUSE OF OUR SOCIALIST CONSTRUCTION.

OUR GOVERNMENT'S BASIC POLICIES TOWARDS HONG KONG ARE RECORDED IN ARTICLE 3 OF THE JOINT DECLARATION AND ARE ELABORATED IN ANNEX 1. THESE BASIC POLICIES WILL BE STIPULATED IN THE BASIC LAW OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION. OUR GOVERNMENT AND PEOPLE WILL MAKE UNREMITTING EFFORTS TO ENSURE THAT THESE POLICIES ARE COMPLETELY, CORRECTLY AND THOROUGHLY IMPLEMENTED.

2. AN EXPLANATION OF THE PROGRESS OF THE SINO-BRITISH TALKS AND A

NUMBER OF QUESTIONS RELATING TO THE AGREEMENT

IN SEPTEMBER 1982 THE BRITISH PRIME MINISTER, MRS THATCHER, VISITED

ما

/ CHINA