It seems wrong that some capital
construction projects in 1958 were so hasty and excessive that some investment
was decentralized and some necessary ventures postponed. The basic reason is
lack of experience and tardiness of knowledge on it. As a result, rather than
slowing down under control in 1959, the Great Leap Forward continues. This not
only makes it impossible to adjust the imbalance in time but adds to our
difficulties temporarily as well. But these projects are still needed for the building
of our nation, and might gradually produce benefits in the following years or
after a longer time. At the moment, the absence of some departments and the presence
of weak links block the way to a complete production line. The shortage of reserve
for some vital materials also creates a difficulty to deal with the economic
dislocation immediately. This is the embarrassment faced at present.Therefore, the planning for the
coming year1960
should be based on facts and reliability with serious consideration. Moreover, some capital
construction projects must be suspended with determination that started in 1958
and the first half of 1959 and cant be finished anyhow. In this case, we must
decide what to leave out and what to leave in, otherwise the critical imbalance
would last, the passive situation wouldn't be reversed and a hindrance would
crop up in our catching up with and surpassing the UK and the US in the four years
ahead. Although the state planning
commission has made arrangements, it has
no right to decide for various reasons.
