The Tax-Sharing Reform Approved and Implemented
The tax-sharing reform, finalized at the end of 1993 and implemented the following year, established the framework for central-local fiscal distribution and land finance.
The tax-sharing reform, finalized at the end of 1993 and implemented the following year, established the framework for central-local fiscal distribution and land finance.
At the time, Chinese Public Security Minister Tao Si Ju publicly said that as long as Hong Kong's triad organizations are patriotic and care about Hong Kong's prosperity and stability, they should be united.
The video claims that the Japanese government implemented PKO market support by channeling public pension funds into the stock market, restricting short selling, and designating trust banks to buy shares, and that the support failed after the Nikkei index rose 2.9% in 1993; no public reports of this figure can be found.
In 1993, China exported large quantities of fuel and food to North Korea, accounting for 77% and 68% of North Korea's fuel and grain imports that year; North Korea subsequently fell into a food crisis during the "Arduous March" period.
In 1993, Jiang Zemin abolished Su Shi's statistical system and formally adopted GDP as the main criterion for measuring development results and official promotions.
In June 1993, Zhu Rongji led the introduction of the sixteen measures for macroeconomic control to curb inflation; in 1994 the tax-sharing reform was implemented, redividing central and local finances, and the economy subsequently made a soft landing.
In 1993, during the later stages of his doctoral studies, Zhu Yuejun had serious disagreements with his supervisor's team over his academic views and research direction. He was unable to sit for and pass his dissertation defense, and ultimately obtained only a doctoral completion certificate from Shanghai Second Medical University, after which he left the university research system.