During the 8th Five-Year Plan Period (1991-1995), China achieved an average annual economic growth rate of 12 percent, with a tremendous success. Yet at the same time it also experienced serious inflation, with the residents consumer price index rising at an annual average rate of 12.9 percent, and even reaching a peak of 24.1 percent in 1994. In view of this problem, in the Proposal on the 9th...