Main Methods of Handling Financial Turmoil in Luchuan County

Abstract

In mid and late June, 1998, a mass incident occurred in Luchuan County in our region in which a shareholder in a city credit union wanted to cash in his shares and gathered a crowd to attack a railway. This had a terrible influence within and outside our region and even startled State Council leaders. After the incident, in accordance with the instructions of State Council and Autonomous Region Party Committee and Government leaders, with the support and cooperation of the local party committee and government leaders and numerous cadres, the public security organs rapidly dispatched police to properly handle the situation. This promptly pacified the mass incident involving more than 1,000 people, there were no serious consequences such as fighting, smashing, looting, or casualties, and this received the affirmation of leaders at all levels and good praises of the people.