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

Contents

v 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 vi Contents 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 Contents vii 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 a Shareholding System 406 52 Basic Medical insurance Should Be Low in Level but Broad in coverage 410 53 deepen Financial reforms and guard against Financial risks 418 54 truly Learn the Lessons of the Asian Financial crisis 437 index 445 ...