Word: zhao
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Wearing a gray Mao jacket, Premier Zhao Ziyang delivered the keynote address last week at the opening session in Peking of the National People's Congress, China's nominal parliament. His theme was "socialist economic construction," a euphemism for the wide-ranging reforms instituted by Paramount Leader Deng Xiaoping that have decentralized economic planning and decision making. Zhao spoke of "gratifying major successes" over the past year in industry, housing and agriculture. Then, in a surprising admission before the 2,712 delegates, he acknowledged that there were problems...
...Premier complained of rises in prices, wages and credit and decried "selfish departmentalism," meaning corruption and profiteering by local officials and managers, who have greater powers today than in the old days of Soviet-style central planning. Citing Deng's recent exhortation for "lofty ideals and moral integrity," Zhao announced a decision to reimpose some bureaucratic controls aimed at increasing government oversight of financial operations. The move was seen as an attempt to consolidate the reform program, rather than retreat from...
...Building China with Socialist Characteristics, the 72-page booklet stressed productivity as the solution to China's ills. According to Deng, every worker must "find a thousand and one . ways to make the country prosperous," because "when our state is powerful, all will be well." A day later Premier Zhao Ziyang announced in a speech that the rigid wage system for government workers would be loosened to reflect individual merit. Combined with the government's plans for imminent price decontrol through the removal of state subsidies, these policies represented the most sweeping--and riskiest--steps yet in the piecemeal revolution...
...items as rice and clothes will skyrocket. Hardest hit would be the country's 80 million urban workers, who still have less opportunity for earning extra money than the peasants. "That's all the Chinese talk about now," said a British teacher working at a major Peking university. Premier Zhao last week dismissed rumors of impending price rises as "street gossip," but the fact that the government has not revealed how and when the price strategy will go into effect only makes consumers more nervous...
...that "socialism does not mean pauperism, for it aims at the elimination of poverty." But many politically "conservative" Chinese, who still believe that penury is a virtue, may feel that the new brand of socialism sounds suspiciously like capitalism. In the highest echelons, Deng has been supported by Premier Zhao Ziyang and General Secretary Hu Yaobang, but has evidently run into some stiff resistance over the pace of his program from the three other members of the influential Politburo Standing Committee: President Li Xiannian, former Planning Czar Chen Yu and Marshal Ye Jianying, a Communist leader for half a century...