On December 11, 1997, China promulgated the Measures for the Security Protection of International Networking of Computer Information Networks, putting forward the "nine prohibitions," which include banning pornography and banning criticism of the Chinese Communist Party (CCP).
Invested by Forbidden City Film Co., Ltd., the film became the box office champion of domestic films that year and pioneered the practice of directors receiving a share of the box office.
At the CCP's 15th National Congress in September 1997, Xi Jinping was elected as an alternate member of the Central Committee for the first time; some commentators said he ranked last among the 151 alternate members by number of votes.
The Deputy Secretary of the CPC Fujian Provincial Committee inspected Xihaigu in Ningxia, decided to carry out diaozhuang relocation and establish Minning Village, laying the groundwork for a political and economic arrangement that would last for twenty-nine years.
Andy Lau released a new song "Chinese People" and filmed the music video at the Great Wall's beacon tower.
Deng Xiaoping died on February 19, 1997. Jiang Zemin took full hold of supreme power, ushering in the Jiang Zemin era.
Following the death of Deng Xiaoping in 1997, Jiang Zemin broke free from the constraints of the supreme elder, assumed comprehensive control of party, government, and military power, and ushered in his era of governance.
In 1997, President Clinton hosted a state dinner at the White House for then Chinese President Jiang Zemin, with a menu featuring chilled lobster, Oregon beef, and other dishes.
An investigative report by an American journalist noted that Xiang Huaqiang is a co-owner of a Beijing luxury entertainment venue TOP Ten, and the other co-owner is then-Minister of Public Security Tao Si Ju.
During the 1997 Asian financial crisis, Wang Qishan was transferred to address issues related to the financial system, and thereafter served in the financial system.
Dixon and Coles proposed a correction method incorporating a correlation parameter ρ and time decay to reduce the systematic bias of the Poisson model toward draws and low-scoring results.
In the early stage of China's real estate industry, the term of personal housing mortgage loans was stipulated to be no longer than 20 years at most.
Eluming's enterprise is said to have gone public in the late 1990s, subsequently expanding into a large group through financing and investment.
The state-owned sector's push for "grasping the large and letting go of the small" and the buyout of employees' seniority led to about 40 million workers in state-owned and collective enterprises losing their jobs; the breakdown of the social contract triggered serious social and economic problems.
According to official Chinese statistics at the time, the number of internet users nationwide reached 620,000 in 1997, and computers with direct internet access reached 300,000 units, far exceeding official expectations.