TNAG-2752-FCO40-3967-Organisation-for-Economic-Co-operation-and-Development-(OECD-1994 — Page 277

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5. Finally you may wish to be aware that there is increasing interest in China's impact on both neighbouring and OECD economies within OECD at the moment. This year's note by the Secretary-General on OECD Medium-Term Strategic Objectives speaks of China as an 'increasingly important actor in the world economy.' The Secretary-General told the Ambassador last week that during his call on Mr Hogg in the FCO on 29 March he wanted to discuss extension of the OECD's dialogue with Dynamic Non- Member Economies to include China (paragraph 4 of UKDel OECD Telegram No 16 of 16 March). The Japanese MFA told Hugh Davies during a recent visit to Tokyo that they intended to propose at Executive Committee in Special Session (ECSS) on 6 May China's inclusion in this dialogue. And the Secretariat's suggested annotated agenda for the ECSS meeting (CES (93) 25 circulated today says a paper on policy dialogue to be put to ECSS will propose a study by a Secretariat task force of the various interlinkages between OECD Member countries, on the one hand, and Dynamic non- Member Economies (DNMES) and major 'third circle countries' on the other hand. It is difficult to believe that China will not be one of the 'third circle countries'. If ECSS/Council decide to agree to such a task force study; then the short term study proposed by the Centre could have some relevance to it.

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