The policies officially adopted by the Ninth Plenary Session of the Eighth Central Committee of the Communist Party of China held in 1961 are as follows:
The Plenary Session officially decided to implement "adjustment, consolidation, enrichment and improvement". Following the eight-character policy, the national economy began to shift onto the track of adjustment.
Introduction to the eight-character policy
In 1961, the Ninth Plenary Session of the Eighth Central Committee of the Communist Party of China proposed the eight-character policy for national economic adjustment: adjustment, consolidation, enrichment, and improvement. The eight-character policy is the policy for restoring and developing the national economy proposed by the Communist Party of China when it began to build socialism in an all-round way.
Main content
The eight-character policy is to appropriately adjust the proportional relationship between all aspects of the national economy, mainly to adjust the proportional relationship between agriculture, light industry and heavy industry, and to improve agriculture and light industry as much as possible. development speed, appropriately control the development speed of heavy industry, especially the steel industry, and at the same time reduce the scale of infrastructure construction, so that national construction and people's lives can be coordinated and arranged in an all-round way.
It is necessary to consolidate the achievements in the development of the national economy and enable it to develop in depth. It is necessary to use a small amount of investment to enrich the production capacity of some departments so that they can be fully integrated and achieve greater economic effects. It is necessary to improve product quality, increase product variety, and improve management level and labor productivity.
1. Adjust rural production relations and related policies, stipulate that rural people's communes are owned by three levels, with teams as the basis, return private land, and open the free market.
2. Reduce urban population and streamline employees.
3. Reduce the scale of infrastructure construction, shorten the heavy industry front, enrich light industry, and preserve key projects.
4. Reduce fiscal expenditures.
5. Stabilize market prices and implement high-price policies for some consumer goods.
6. Improve business management, improve product quality, and strengthen professional collaboration.
7. Formulate specific policies on education, science, literature and art that are suitable for the current situation.