Thirty-two years ago today, on July 5, 1993 (May 16, 1993 lunar calendar), the National Financial Work Conference was held in Beijing. On July 5, 1993, the National Financial Work Conference was held in Beijing. Zhu Rongji, Vice Premier of the State Council and Governor of the People's Bank of China, presided over the meeting and delivered an important speech. He said that this National Financial Work Conference is an important meeting and a meeting for reform. The Party Central Committee and the State Council attach great importance to this meeting, and the people of the whole country place their earnest hopes on it. The purpose of this meeting is: to affirm achievements, review shortcomings, rectify order, advance reforms, and reverse the current situation of tight capital. Zhu Rongji said that the meeting should resolutely implement a series of important decisions of the Party Central Committee and the State Council on current economic work, deploy policies and measures to further rectify financial order, strengthen financial discipline, and promote financial reform.