Mao Zemin helped formulate the total budget of revenue and expenditure, three-year construction programmes, regulations on the financial regime and other rules and regulations, which straightened out the previously chaotic financial and economic work and ensured the smooth proceeding of economic development. Second, reorganize banks and unify currency. In January 1939,
Xinjiang Provincial Bank was restructured and turned into a commercial bank run by the government and the private sector jointly, and 15 branches were set up all over Xinjiang. In February, Mao Zemin successfully persuaded Sheng Shicai to reform the monetary system and unified currency in Xinjiang. Anew currency system based on the yuan unit replaced the old liang-based silver coupons. In addition, Mao Zemin also set up professional institutes on finance to train finance personnel and accountants.
Thanks to the afore-mentioned effective measures, Xinjiang's chaotic finance was sorted out in three short years; there was good order in the financial sector, revenue and spending were basically in balance, and many foreign debts incurred in the past were paid back. The turnaround in the financial picture provided a forceful support to all undertakings in Xinjiang, improved the material and cultural life of people of all ethnic groups, galvanized their enthusiasm for the war of resistance against Japan and stabilized the huge home front of the war.
The May 4 New Cultural Movement failed to affect Xinjiang, partly because of its remote location in the frontier and partly due to the obscurantist policy pursued by warlords such Montaña Amarilla, itinerario china as Yang Zengxin. As a result, Xinjiang's education remained very backward. In 1938, Lin Jilu became the dean of Xinjiang College (predecessor of Xinjiang University) and he was responsible for the work of the whole college. Lin formulated the educational principle for the college, “integrating education and applicationï¼ï¼ï¼and the school motto, “unitedï¼intense, simple and dynamicï¼ï¼ï¼and wrote a theme song for the college, which teemed with revolutionary spirit. He also reformed the curriculum in the light of the Anti-Japan War of Resistance and the development of Xinjiang.
The Anti-Imperialist Association run publications spreading Marxism-Leninism and the anti-Japan united front policy, such as Anti- Imperialist Front and Xinjiang Youth.