Excerpts from Books and Wikipedia
"Zhu Rongji (b. 1928): As China's economic czar in the early 1990s, Zhu inherited a series of economic crises, including an excessive money supply, rising inflation, and chaotic financial markets. After achieving a successful soft landing, he was named premier in 1998. The unsung hero of China's economic miracle, Zhu restructured China's tax, banking, and state enterprise systems and steered China into the WTO." [Fall and Rise of China Guidebook, p. 213]
"state-owned enterprises (SOEs): The backbone of China's socialist industrial economy. Under Zhu Rongji, SOEs were consolidated and converted to shareholding enterprises." [Fall and Rise of China Guidebook, p. 197]
"iron rice bowl: The policy of providing lifetime employment and welfare benefits to Chinese state employees. This policy was gradually restricted in the 1980s and eliminated in the 1990s." [Fall and Rise of China Guidebook, p. 190]