After taking office as Premier of the State Council, Zhu Rongji initiated the three-year relief program for state-owned enterprises. Through the policy of 'seizing the large and releasing the small' and downsizing for efficiency, he triggered a massive wave of layoffs among SOE workers.
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中美对标
2026-09-23 07:37 · 中美对标 发布了新视频：【妖妖酱】《邓选》反直觉：误解习近平，更误读邓小平
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This event
Zhu Rongji Launched the Three-Year SOE Relief and the Wave of Layoffs
1998.03.01 · Verified
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