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On May 7, 1960, the Central Committee adjusted the national economy.
On May 7, 1960 (April 12, 1960), the Central Committee of the Political Bureau of the CPC Central Committee held a working meeting in Beijing, adopted the "Report on the 1962 Adjustment Plan" drafted by the Central Financial Group, and decided to make a large-scale adjustment of the national economy to completely reverse the difficult situation in the current national economy. The meeting defined the specific policy of reversing the economic situation, i.e. substantially adjusting the entire national economy to overcome the difficulties and adjust the most positive measure in order to solve the serious disorder of the proportion of the national economy and gradually the comprehensive balance. The guidance for the adjustment of the work is to fight for fast and slow preparation. The conference put forward the two most pressing tasks at the moment: to vigorously streamline the


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