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Zhu Rongji on the Record: The Road to Reform 1991-1997 - Softcover

Zhu, Rongji

 
9780815725183: Zhu Rongji on the Record: The Road to Reform 1991-1997

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China's explosive transformation from a planned economy to a more market-oriented one over the past three decades owes much to the charismatic reformer Zhu Rongji. His pragmatism and strong work ethic have been key forces in China's drive to greater modernization and global stature. He served as the mayor and party chief in Shanghai from 1987 to 1991, as vice premier of China from 1991 to 1998, and then as premier until 2003. This monumental collection brings together, for the first time in English, over one hundred important speeches, articles, letters, and instructions written during his term as vice premier, when he had major responsibility for fulfilling Deng Xiaoping's vision and setting China on a new and fruitful course.
During this time, Zhu embarked on a plan to reduce the size of government and reform the heavily indebted banking system and state-owned enterprises as well as the housing and health care systems. His sweeping efforts ranged from lobbying for the establishment of stock exchanges to revitalizing agriculture through the introduction of a modern grain market. The ramifications of these reforms are still being felt throughout China and the globe, and Zhu Rongji on the Record provides a real-time look at these plans as they were being formulated during the 1990s.
These pages also reflect the forthright personality that gained great popularity with the Chinese public. Zhu vows to speak the truth and avoid ""empty talk,"" as he tells his compatriots. ""We must tackle [reform] with both hands, and both hands must be strong."" To this end, he provides lists of ""musts"" and ""mustn'ts"" that will ensure a ""soft landing"" during China's transition and calls for swift and resolute action, both in reform and in fighting corruption.
In addition to revealing the evolution of Zhu's thinking and demonstrating how he helped transform the world's most populous nation, this book provides insight into the course of China's economic refor

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Rongji Zhu

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ZHU RONGJI ON THE RECORD

The Road to Reform 1991-1997

By Zhu Rongji, June Y. Mei

Brookings Institution Press

Copyright © 2013 FOREIGN LANGUAGES PRESS
All rights reserved.
ISBN: 978-0-8157-2518-3

Contents

Publication Note...........................................................ix
Foreword by Henry A. Kissinger.............................................xi
Foreword by Helmut Schmidt.................................................xiii
Note from The Brookings Institution........................................xvii
1991.......................................................................
1 Clearing up Triangular Debt Must Start with the Source—Fixed-Asset
Investments................................................................
1
2 Comments on the Economic Development of Western China....................17
3 Work Hard to Develop the Shipbuilding Industry...........................20
4 On-Time Performance Is at the Heart of Civil Aviation Service Quality....25
5 Speed Up Technical Improvements and Do a Good Job at Large and Medium
SOEs.......................................................................
30
6 The Key to Controlling Redundant Construction Lies with the Banks........44
7 Work Hard on the Internal Restructuring of Industries....................48
1992.......................................................................
8 On Comprehensively and Correctly Understanding the Spirit of Deng
Xiaoping's Talks in Southern China.........................................
53
9 On Being a Scholar and Being a Person....................................69
10 Quality Is the Lifeblood of Enterprises.................................70
11 Raising Labor Productivity Is the Key to Turning around Losses and
Improving Efficiency in the Coal Sector....................................
83
12 Speech at a Symposium on Stock Market Pilot Programs in Some Provinces
and Cities.................................................................
92
13 Guangdong's Practice Demonstrates the Success of the Policy of Reform
and Opening Up.............................................................
102
14 Some Comments on the Current Economic Situation and Macroeconomic
Controls...................................................................
109
1993.......................................................................
15 Speed Up Railroad Construction and the Pace of Reform...................123
16 Implement Genuine Separation of Government and Enterprises..............131
17 Thirteen Measures for Strengthening Macroeconomic Controls..............133
18 "Three Ground Rules" for Financial Work.................................144
19 Rectify the Fiscal and Tax Order, Step Up Fiscal and Tax Reforms........155
20 Eight Measures for Solving the Shortage of Funds........................171
21 Tax Streaming Will Promote Guangdong's Development......................177
22 Letter to Jiang Zemin, Li Peng, and the Standing Committee of the
Politburo on Implementation of the Tax-Streaming System....................
189
23 Establish Environmental Awareness among All the People..................194
24 Summation Speech at the 1993 National Conference on Economic Work.......198
25 Stabilize Grain and Oil Prices and Steady the Market Supply.............218
1994.......................................................................
26 A Conversation with U.S. Secretary of the Treasury Lloyd Bentsen........232
27 Revenues from Land Sales Should First Be Used to Relocate Displaced
Households.................................................................
240
28 Taking a Critical Step Forward in Financial Reforms.....................241
29 Establish a Social Security System with Chinese Characteristics.........256
30 A Conversation with Alan Greenspan, Chairman of the U.S. Federal
Reserve Board..............................................................
259
31 Strengthen Management of the State's Forex Reserves and Foreign Debt....267
32 A Letter to Central Government Leaders on the Report by the National
People's Congress on Implementation of the Agricultural Law................
272
1995.......................................................................
33 A Conversation with Japanese Finance Minister Takemura Masayoshi........274
34 On Current Monetary Policy..............................................280
35 On Economic Work in Beijing.............................................283
36 A Memorable Two Years as Governor of the Central Bank...................286
37 Thoughts on How Xinjiang Should Develop Its Economy.....................292
38 Congratulations to Mr. Chen Daisun on His 95th Birthday.................302
39 Letters and Petitions Are an Important Channel for Gaining a Sense of
the People.................................................................
305
40 Take Effective Measures to Lift Impoverished Areas out of Poverty.......309
1996.......................................................................
41 Selling Off Small SOEs Is Not a "Miracle Cure"..........................315
42 Adjust and Refine Processing Trade Policy...............................322
43 Do a Good Job of Opening Up the Financial and Insurance Market to the
Outside....................................................................
329
44 On Enterprise Bankruptcy and Capital Restructuring......................334
45 Some Issues in Macroeconomic and Tax Work...............................342
1997.......................................................................
46 Forcefully Promote Enterprise Reforms and Actively Implement
Reemployment Projects......................................................
366
47 What to Do after a Bumper Harvest.......................................375
48 On Reform of the Housing System.........................................382
49 A Conversation with Alan Greenspan, Chairman of the U.S. Federal
Reserve....................................................................
391
50 Having a Lot of Cotton Is a Joyous Burden...............................397
51 Don't Start a Fad When Implementing...

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