ityРoperation of State-owned enterprises (SOEs), 10 million workers in SOEs had to beРlaid off. Much of our industrial and agricultural production was laid idle. How to copeРwith these difficulties? What kind of measures should we adopt? At that time, we hadРbefore us all kinds of proposals. For instance, some people suggested that we shouldРdevalue our currency in order to give a boost to our exports. Some other people saidРwhy not simply sell State assets, which would have helped us get over the difficulties.РBut the CPC (Communist Party of China) mittee and the State CouncilРmade a resolute decision to pursue a proactive fiscal policy and a prudent aryРpolicy. These policies have been implemented for three years, and facts have provedРhow essful these policies are.Р九届全国人大四次会议朱镕基总理答中外记者问
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