TNAG-1458-FCO40-1982-Relations-between-Hong-Kong-and-China-1986 — Page 110

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DR WILSON

PS

CONFIDENTIAL

HKK 020/2

RECEIVED IN REGISTRY

24 OCT 1986

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13/0

DESK OFFICER

INDEX

REGISTRY

PA

Action Taken

르노

To Waths

The 2/10

FROM: I C ORR

DATE:

CC:

29

Interesting staff (esp. 2ve 1/2 I thich, of No wye's,

Mr. Austin

Papr

198 you may find the

30 September 1986

(with despatch)

PS/Mr Renton

PS/PUS

If

interest

781%

Sir P Cradock, No 10 Mcmill

HKD

OT2, DTI

Protocol Department

Economic Advisers

Thanks it was

backy

DSKA

Research Department So31

Planning Staff

Assessments Staff,

Cabinet Office

B110

DESPATCH FROM PEKING: ECONOMIC REFORM IN CHINA

1. I submit Sir Richard Evans' despatch of 8 September

with an attached memorandum on "Economic Reform in

China". It does not address political reform (on which a

further despatch is promised) but nevertheless stresses the importance of economic reform, both for China and

further afield. Effective economic reform will allow

China to take her proper place in the international community and will give her greater political weight during the 1990s and thereafter. The Chinese economy may

also become a model for economic development for other developing and communist countries.

2. The despatch explains that the aim of economic reform

is to galvanise China's economic development and quadruple output within twenty years (1980-2000). To do

this, China has rejected both Maoist and Soviet formulae,

for sound economic and probably also political reasons.

FC2AAR

CONFIDENTIAL

/3.