Chapter 22 Speech at the Seventh Session of the Central People's Government Committee

(April 13, 1950) In the past six months, the Financial and Economic Committee of the Government Administration Council has made great achievements in sorting out revenue and expenditure and stabilizing prices.The Finance Committee's approach is correct.There are still some shortcomings in the work, which should be corrected. It is good that our country's financial situation has begun to improve.However, a fundamental improvement in the overall financial and economic situation requires three conditions, namely: the completion of land reform, the rational adjustment of existing industry and commerce, and a large reduction in national military and administrative expenses.These should be realized step by step, and they are completely achievable, and then a fundamental turn for the better will occur.In the next few months, the government's leading financial and economic organs should focus on adjusting the relationship between public and private enterprises, as well as the various departments of public and private enterprises, and try their best to overcome anarchy.

The "Common Program" stipulates that in terms of business scope, raw material supply, sales market, labor conditions, technical equipment, fiscal policy, financial policy, etc., adjust various social and economic components, under the leadership of the state-owned economy, divide labor and cooperate, and each gets what he wants. [1] must be fully realized in order to benefit the recovery and development of the entire people's economy.Some of the confusion in this respect that has now occurred must be cleared up. According to the publication of "People's Daily" on April 15, 1950.

-------------------------------------------------- ------------------------------ note [1] See Article 26 of the "Common Program of the Chinese People's Political Consultative Conference" adopted by the First Plenary Session of the Chinese People's Political Consultative Conference on September 29, 1949.The original text reads: "The state should adjust the state-owned economy, the cooperative economy, the individual economy of farmers and handicraftsmen, the private capitalist economy and the The state-capitalist economy allows various social and economic components to work together under the leadership of the state-run economy, and each has its own place, so as to promote the development of the entire social economy."