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 1997, and then served as premier until 2003. This monumental collection brings together, for the first time in English, over one hundred important speeches, articles, letters, and instructions from Zhu Rongji during his term as vice premier, when he had major responsibilities for 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 The Road to Reform 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 throughout calls for swift and resolute action, both in reform and in fighting of 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 reform from the 1990s through the beginning of the 21st century, a development of paramount importance to the entire world today. Publication of the English version will be an important milestone in Sino-U.S. cultural exchange and a significant contribution to greater understanding between the world’s two largest economic powers.
Foreward by Henry A. Kissinger and Helmudt Schmidt
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Zhu Rongji on the Record is available in both hardcover and eBook formats: