Zhu Rongji On the ReCOrd…functions as a case study in practical statecraft．Because China’S reform program was so sweeping，and the projects being implemented were of such scale and complexity,Zhu had occasion to reflect on almost every aspect of modern economic management and social development．The problems addressed in 《朱镕基讲话实录(1991-1997)(英文版)》 range across industries-railways，coal，finance，automobile manufacturing，real estate-and their relevance reaches well beyond China．Economists，business strategists，and policymakers will all find in these pages thought provoking examples of how a penetrating mind grappled withprovoking examples of how a penetratmg mind grappled with one of the most significant reform programs in modern history.

《朱镕基讲话实录(1991-1997)(英文版)》:

China's explosive transformation from aplanned economy to a more market-oriented one over the past three decadesowes much to the charismatic reformer,Zhu Rongji. His pragmatism and strongwork ethic have been key forces in China'sdrive to greater modernization and globalstature. He served as the mayor and Partychief in Shanghai from 1987 to 1991, as vicepremier of China from 1991 to 1998, andthen as premier until 2003. This monumentalcollection brings together, for the first timein English, over one hundred importantspeeches, articles, letters, and instructionswritten during his term as vice premier, whenhe had maior responsibility for fulfilling DengXiaoping's vision and setting China on a newand 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.

《朱镕基讲话实录(1991-1997)(英文版)》 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.

EDITOR'S NOTE

FOREWORD Henry A. kisinger

FOREWORD Helmut Schmidt

1991

CLEARING UP TRIANGULAR DEBT MUST START WITH THE SOURCE-

FIXED ASSET INVESTMENTS (September 3, 1991)

COMMENTS ON THE ECONOMIC DEVELOPMENT OF WESTERN CHINA

(October 1, 1991)

WORK HARD TO DEVELOP THE SHIPBUILDING INDUSTRY (October5, 1991)

ON TIME PERFORMANCE IS AT THE HEART OF CIVIL AVIATION SERVICE

QUALITY (October 7, 1991)

SPEED UP TECHNICAL IMPROVEMENTS AND DO A GOOD JOB AT LARGE

AND MEDIUM SOES (October 10, 1991)

THE KEY TO CONTROLLING REDUNDANT CONSTRUCTION LIES WITH

THE BANKS (October 29, 1991)

WORK HARD ON THE INTERNAL RESTRUCTURING OF INDUSTRIES

(December 25, 1991)

1992

ON COMPREHENSIVELY AND CORRECTLY UNDERSTANDING THE SPIRIT

OF DENG XIAOPING'S TALKS IN SOUTHERN CHINA (March 25, 1992)

ON BEING A SCHOLAR AND BEING A PERSON (April 1, 1992)

QUALITY IS THE LIFEBLOOD OF ENTERPRISES (April28, 1992)

RAISING LABOR PRODUCTIVITY IS THE KEY TO TURNING AROUND

LOSSES AND IMPROVING EFFICIENCY IN THE COAL SECTOR

(May 20-29, 1992)

SPEECH AT A SYMPOSIUM ON STOCK MARKET PILOT PROGRAMS IN

SOME PROVINCES AND CITIES (August 13, 1992)

GUANGDONG'S PRACTICE DEMONSTRATES THE SUCCESS OF THE

POLICY OF REFORM AND OPENING UP (September28, 1992)

SOME COMMENTS ON THE CURRENT ECONOMIC SITUATION AND

MACROECONOMIC CONTROLS (October20, 1992)

1993

SPEED UP RAILROAD CONSTRUCTION AND THE PACE OF REFORM (January

11, 1993)

IMPLEMENT GENUINE SEPARATION OF GOVERNMENT AND ENTER-

PRISES (February 17, 1993)

THIRTEEN MEASURES FOR STRENGTHENING MACROECONOMIC CON-

TROLS (June 9, 1993)

"THREE GROUND RULES" FOR FINANCIAL WORK (July 7, 1993)

RECTIFY THE FISCAL AND TAX ORDER, STEP UP FISCAL AND TAX RE-

FORMS (]uly 23, 1993)

EIGHT MEASURES FOR SOLVING THE SHORTAGE OF FUNDS (July 29, 1993)

TAX STREAMING WILL PROMOTE GUANGDONG'S DEVELOPMENT (Septem-

ber 16, 1993)

LETTER TO JIANG ZEMIN, LI PENG, AND THE STANDING COMMITTEE

OF THE POLITBURO ON IMPLEMENTATION OF THE TAX STREAMING

SYSTEM (September 18, 1993)

ESTABLISH ENVIRONMENTAL AWARENESS AMONG ALL THE PEOPLE

 (October25, 1993)

SUMMATION SPEECH AT THE 1993 NATIONAL CONFERENCE ON ECO-

 NOMIC WORK (December 3, 1993)

STABILIZE GRAIN AND OIL PRICES AND STEADY THE MARKET SUPPLY

 (December 25, 1993)

1994

A CONVERSATION WITH U.S. SECRETARY OF THE TREASURY LLOYD

 BENTSEN (January 20, 1994)

REVENUES FROM LAND SALES SHOULD FIRST BE USED TO RELOCATE

DISPLACED HOUSEHOLDS (june 4, 1994)

TAKING A CRITICAL STEP FORWARD IN FINANCIAL REFORMS (August 15, 1994)

ESTABLISH A SOCIAL SECURITY SYSTEM WITH CHINESE CHARACTERIS-

TICS (September 8, 1994)

A CONVERSATION WITH ALAN GREENSPAN, CHAIRMAN OF THE U.S.

FEDERAL RESERVE BOARD (October24, 1994)

STRENGTHEN MANAGEMENT OF THE STATE'S FOREX RESERVES AND

FOREIGN DEBT (December 19, 1994)

A LETTER TO CENTRAL GOVERNMENT LEADERS ON THE REPORT BY

THE NATIONAL PEOPLE'S CONGRESS ON IMPLEMENTATION OF THE

AGRICULTURAL LAW (December29, 1994)

1995

A CONVERSATION WITH JAPANESE FINANCE MINISTER TAKEMURA MA-

SAYOSHI (january 9, 1995)

ON CURRENT MONETARY POLICY (February 12, 1995)

ON ECONOMIC WORK IN BEIJING (july 1, 1995)

A MEMORABLE TWO YEARS AS GOVERNOR OF THE CENTRAL BANK (Au-

gust 28, 1995)

THOUGHTS ON HOW XINJIANG SHOULD DEVELOP ITS ECONOMY (Septem-

ber8-13, 1995)

CONGRATULATIONS TO MR. CHEN DAISUN ON HIS 95TH BIRTHDAY (Octo-

ber 19, 1995)

LETTERS AND PETITIONS ARE AN IMPORTANT CHANNEL FOR GAINING

A SENSE OF THE PEOPLE (October30, 1995)

TAKE EFFECTIVE MEASURES TO LIFT IMPOVERISHED AREAS OUT OF

POVERTY (November 14-19, 1995)

1996

SELLING OFF SMALL SOES IS NOT A "MIRACLE CURE" (March 24, 1996)

ADJUST AND REFINE PROCESSING TRADE POLICY (June 5, 1996)

DO A GOOD JOB OF OPENING UP THE FINANCIAL AND INSURANCE

MARKET TO THE OUTSIDE (July 24, 1996)

ON ENTERPRISE BANKRUPTCY AND CAPITAL RESTRUCTURING

(August 20, 1996)

SOME ISSUES IN MACROECONOMIC AND TAX WORK (December 20, 1996)

1997

FORCEFULLY PROMOTE ENTERPRISE REFORMS AND ACTIVELY IMPLE-

MENT REEMPLOYMENT PROJECTS (January 8, 1997)

WHAT TO DO AFTER A BUMPER HARVEST (january 13, 1997)

ON REFORM OF THE HOUSING SYSTEM (january 24, 1997)

A CONVERSATION WITH ALAN GREENSPAN, CHAIRMAN OF THE U.S.

FEDERAL RESERVE (May 5, 1997)

HAVING A LOT OF COTTON IS A JOYOUS BURDEN (August 26, 1997)

DON’T START A FAD WHEN IMPLEMENTING A SHAREHOLDING SYSTEM

(September 10, 1992)

BASIC MEDICAL INSURANCE SHOULD BE LOW IN LEVEL BUT BROAD IN

COVERAGE (October27, 1997)

DEEPEN FINANCIAL REFORMS AND GUARD AGAINST FINANCIAL RISKS

(November 18, 1997)

TRULY LEARN THE LESSONS OF THE ASIAN FINANCIAL CRISIS

(December 12, 1997)

INDEX