CHINA: ZHAO ZIYANG CALLS FOR MORE INDUSTRIAL COMPETITION AT NATIONAL PEOPLE'S CONGRESS.
Record ID:
1962698
CHINA: ZHAO ZIYANG CALLS FOR MORE INDUSTRIAL COMPETITION AT NATIONAL PEOPLE'S CONGRESS.
- Title: CHINA: ZHAO ZIYANG CALLS FOR MORE INDUSTRIAL COMPETITION AT NATIONAL PEOPLE'S CONGRESS.
- Date: 16th May 1984
- Summary: 1. SV PULL-BACK to GV Chinese flags on podium as delegates enter conference hall (3 shots) 0.21 2. GV PAN conference hall and delegates applaud 0.30 3. GVs Military band plays as leaders and members of the audience stand (3 shots) 1.08 4. SCU PULL BACK TO GV AND ZOOM INTO SCU AND PULL BACK TO GV Speaker introduces Zhao Ziyang who gives address (CHINESE SOT) 2.15 Initia
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- Location: PEKING, CHINA
- Country: China
- Topics: General
- Reuters ID: LVA1CPC36F1BTBU8TMF6EIPY2T6Q
- Aspect Ratio: 4:3
- Story Text: PEKING, CHINA
Chinese Premier Zhao Ziyang has called for important new taxes and other economic reforms to help the economy and create competition. In his annual report to the National People's Congress (NPC) on May 15, the Chinese leader also outlined plans for the future of Hong Kong after Britain hands over control of the territory in 1997. In a 90-minute speech, Zhao said competition should be encouraged, and workers paid according to results. He announced new policies designed to further encourage China's shift away from the epoch of Chairman Mao Tsetung, calling for better use of capital and an end to egalitarianism. The moves are part of China's modernisation programme, designed to quadruple output by the turn of the century. Zhao singled out the building industry for special criticism, saying that construction was often behind schedule, buildings below standard and workers wasteful. He indicated that the industry should be the first to carry out reforms because it was central to the modernisation drive. He repeated China's earlier assurances that Hong Kong would be run as a special administrative region, preserving its capitalist system for at least 50 years after Britain's lease on most of the territory expires. He added that there had been significant progress in Sino-British talks on Hong Kong so far, and hoped for an early agreement with London on the matter. During the 16-day session of the NPC, the finance and planning ministers are due to deliver important speeches summing up China's 1983 economic performance and plans for 1984. Although China exceeded its 1981-5 plan targets last year, two years ahead of schedule, improvements in economic results are said to have been slow, because of inefficiency.
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