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Zhu Rongji: A Reformer Who Centralized More Power in the Chinese State - The Wire China

Skip to contentThen Chinese Premier Zhu Rongji acknowledges the delegates after delivering his final work report during the National People's Congress in Beijing's Great Hall of the People, March 5,. . .

By @thewirechina · · 2 min read

Zhu Rongji: A Reformer Who Centralized More Power in the Chinese State - The Wire China

Skip to contentThen Chinese Premier Zhu Rongji acknowledges the delegates after delivering his final work report during the National People's Congress in Beijing's Great Hall of the People, March 5, 2003. Credit: Greg Baker viaAP ImagesAt a pivotal 1993 meeting with provincial officials on the eve of China’s fiscal centralization, the then relatively new vice premier in charge of fiscal affairs, Zhu Rongji, stated “the market economy is one of order and legality. It is not whatever one wishes it to be, and it definitely is not one where an official in charge of an area can do as he wishes. The market economy must be constrained by the law, regulations, and administrative discipline and be subject to supervision by the partSubscribeorloginto read the rest. Subscribers get full access to:Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else. A weekly curated reading list on China from Andrew Peaple. A daily roundup of China finance, business and economics headlines. We offer discounts for groups, institutions and students. Go to ourSubscriptionspage for details. Includes images fromDepositphotos. comCover StoryJupiter's DescentCalifornia-based Jupiter Systems sold high-tech wall screens to U. S. military and government clients. On June 14, The Wire China revealed how Jupiter was sold to a Chinese company in 2020 without the first Trump administration’s knowledge. Now Trump is back and on the case as Jupiter teeters on the verge of bankruptcy. EssayThe Great PremierWhat I’m reading (and remembering) in the wake of Zhu Rongji’s passing. The Big PictureCorporate Risk Intelligence for National Security, Compliance & Due DiligenceLearn More

Source: thewirechina.com

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