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.
In late 1993, China determined the plan to unify the RMB exchange rate, merging the official and market rates. The relevant reforms were officially implemented the following year.
Xiang Huaqiang and Xiang Huasheng set up a film production base in Shenzhen, and simultaneously serve as directors of a Hong Kong investment company together with Guangdong elite family member Ye Xinlong.
After leaving Shanghai, Zhu Yuejun returned to his hometown — Guizhu Village, Chushutang Town, Wugang County (now Wugang City), Shaoyang City, Hunan Province — to open a private clinic. Over the following 30-plus years, he remained rooted in the countryside, treating and practicing medicine for his fellow villagers. In his later years, due to a meager income and a frugal life, he relied on a monthly subsistence allowance (dibao) to make a living.
“Oriental Horizon” officially went on air, and Bai Yansong, from a temporary planner, was pushed in front of the camera, ushering in a period of public opinion supervision later known as the “mini spring” of CCTV news.
The South China Morning Post, citing Hong Kong police, said that several senior figures of Sun Yee On visited Beijing and are believed to have met Tao Si Ju.
Zhao Xiaolan and Mitch McConnell held their wedding at a small chapel on Capitol Hill in Washington, on a date that coincided with President Reagan's birthday.
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 1993, China's Company Law was officially passed, laying the legal foundation for the building of a modern financial framework.
Pan Shiyi went from Hainan to Beijing to look for projects and visited Ren Zhiqiang, and the two met for the first time through this.
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.