TNAG-2293-FCO40-3305-Official-visits-from-Hong-Kong-to-China-1991 — Page 129

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6.

The results

achieved by these reforms are not

entirely apparent. At the briefing by the State Commission

for

as

Restructuring the Economic Systems, the spokesman cited

a weakness of the former system of all production. being

purchased and sold by the State, the problem of huge stocks

(valued in excess of

Y40 billion in 1979) kept in store.

problem, reforms were introduced to grant

To address this

more freedom to

enterprises on planning and production

matters. However, when questioned on the results of these

reforms, he revealed that the stock figure had further

increased to Y60 billion in 1990 but blamed this on the

present market situation of supply exceeding demand! While

the reforms were well intended, they could not rectify the

problem created by the presence of large numbers of state

enterprises which

more concerned with meeting

production targets than

demands of the market.

not been tackled,

system.

were

whether their products suited the

The core of the problem, which has

would appear to be the State enterprise

7.

As far as political reforms are concerned, these

have been much more limited and clearly within the control

of the Communist Party. There is no indication that this

trend will change in the near future.

མཆཙཔBA="AH-WATHE--འ་འཏྭཱཡ, ༥།