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046067
MDL 16094
ECONOMIC DEVELOPMENT, POWER TO APPROVE PROJECTS INVOLVING FOREIGN INVESTMENT HAD BEEN FURTHER DEVOLVED. MUNICIPALITIES (SHI) COULD NOW APPROVE PROJECTS UP TO US DOLLARS 30 MILLION AND COUNTIES
(XIAN) PROJECTS UP TO US DOLLARS 15 MILLION. THIS WOULD ENCOURAGE CREATIVITY AND INITIATIVE.
5. ON INFRASTRUCTURE, LU SAID THAT THE GUANGZHOU SUPERHIGHWAY, TO BE COMPLETED BY THE END OF 1993, WOULD MEAN THAT THE DRIVE FROM SHENZHEN TO CANTON WOULD ONLY TAKE ONE HOUR. AN AUTOMATIC
TOLL SCHEME WOULD CHARGE DRIVERS ON THE BASIS OF THE POINTS AT WHICH THEY ENTERED AND LEFT THE HIGHWAY. WORK ON THE 300 KILOMETERS HIGHWAY BETWEEN SHENZHEN AND SHANTOU HAD STARTED THIS YEAR. THE GUANGDONG/MEIZHOU/SHANTOU RAIL LINE WOULD BE COMPLETED IN 1995.
COMMENT
6. ALL THIS IS VERY MUCH IN LINE WITH THE DECISIONS MADE AT THE WORK CONFERENCE HELD IN GUANGDONG IN FEBRUARY (MOAKES' TELELETTER TO SEATON OF 3 MARCH REFERS). GUANGDONG'S LEADERSHIP HAVE CLEARLY SEIZED WITH ENTHUSIASM ON THE OPPORTUNITY PROVIDED BY DENG'S SOUTHERN VISIT WITH ITS BENEDICTION TO THEIR REFORM POLICIES AND ARE NOW FORGING AHEAD FULL-STEAM.
WILSON
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ΜΑΙΝ
13
HKD
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DISTRIBUTION
13
FED
2
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