<PAGE> PAGE 1
000 A000000 01/31/99
000 C000000 0001038457
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 ALLIANCE GREATER CHINA '97 FUND INC
001 B000000 811-8201
001 C000000 2013194000
002 A000000 500 PLAZA DRIVE
002 B000000 SECAUCUS
002 C000000 NJ
002 D010000 07094
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 ALLIANCE CAPITAL MANAGEMENT L.P.
008 B000001 A
008 C000001 801-32361
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10105
011 A000001 ALLIANCE FUND DISTRIBUTORS, INC.
011 B000001 8-30851
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10105
012 A000001 ALLIANCE FUND SERVICES, INC
012 B000001 84-001187
012 C010001 SECAUCUS
012 C020001 NJ
012 C030001 07094
013 A000001 ERNST & YOUNG LLP
013 B010001 NEW YORK
013 B020001 NY
<PAGE> PAGE 2
013 B030001 10019
014 A000001 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP
014 B000001 8-00017574
015 A000001 BROWN BROTHERS HARRIMAN & CO
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02109
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 51
019 C000000 ALLIANCECA
020 A000001 HOARE GOVETT
020 C000001 3
020 A000002 GOLDMAN SACHS
020 C000002 2
020 A000003 ING BARINGS SECURITIES LTD
020 C000003 1
020 A000004 BNP PRIME PEREGRINE SECURITIES
020 C000004 1
020 A000005 CAZENOVE & CO LTD
020 C000005 1
020 A000006 SG WARBURG SECURITIES
020 C000006 1
020 A000007 JARDINE FLEMING
020 C000007 0
020 A000008 SALOMON BROTHERS INC
020 B000008 13-5365580
020 C000008 0
020 A000009 DEUTSCHE BANK CAPITAL MARKETS
020 C000009 0
020 A000010 LEHMAN BROS INTERNATIONAL
020 C000010 0
021 000000 11
022 A000001 BROWN BROTHERS HARRIMAN & CO
022 B000001 13-4973745
022 C000001 803
022 D000001 964
022 C000002 0
022 D000002 0
022 C000003 0
022 D000003 0
022 C000004 0
022 D000004 0
022 C000005 0
022 D000005 0
022 C000006 0
022 D000006 0
022 C000007 0
022 D000007 0
<PAGE> PAGE 3
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 803
023 D000000 964
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 32
028 A020000 0
028 A030000 0
028 A040000 32
028 B010000 38
028 B020000 0
028 B030000 0
028 B040000 79
028 C010000 23
028 C020000 0
028 C030000 0
028 C040000 22
028 D010000 26
028 D020000 0
028 D030000 0
028 D040000 147
028 E010000 138
028 E020000 0
028 E030000 0
028 E040000 108
028 F010000 312
028 F020000 0
028 F030000 0
028 F040000 234
<PAGE> PAGE 4
028 G010000 569
028 G020000 0
028 G030000 0
028 G040000 622
028 H000000 263
029 000000 Y
030 A000000 9
030 B000000 4.25
030 C000000 4.25
031 A000000 0
031 B000000 0
032 000000 9
033 000000 0
034 000000 Y
035 000000 19
036 A000000 Y
036 B000000 0
037 000000 N
038 000000 0
039 000000 Y
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 100
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 114
045 000000 Y
046 000000 N
047 000000 Y
048 000000 1.000
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
<PAGE> PAGE 5
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 N
054 I000000 N
054 J000000 Y
054 K000000 Y
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
058 B000000 N
058 C000000 N
058 D000000 N
058 E000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 250
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
<PAGE> PAGE 6
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 D000000 Y
067 000000 N
068 A000000 N
068 B000000 Y
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 Y
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
<PAGE> PAGE 7
071 A000000 1137
071 B000000 1301
071 C000000 2409
071 D000000 47
072 A000000 6
072 B000000 2
072 C000000 36
072 D000000 0
072 E000000 0
072 F000000 13
072 G000000 64
072 H000000 0
072 I000000 11
072 J000000 49
072 K000000 0
072 L000000 12
072 M000000 5
072 N000000 15
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 11
072 S000000 23
072 T000000 10
072 U000000 32
072 V000000 0
072 W000000 1
072 X000000 246
072 Y000000 208
072 Z000000 0
072AA000000 0
072BB000000 609
072CC010000 1072
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 109
074 B000000 0
074 C000000 0
074 D000000 0
074 E000000 0
074 F000000 2479
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 201
<PAGE> PAGE 8
074 K000000 20
074 L000000 0
074 M000000 238
074 N000000 3047
074 O000000 15
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 464
074 S000000 0
074 T000000 2568
074 U010000 99
074 U020000 308
074 V010000 5.93
074 V020000 5.89
074 W000000 0.0000
074 X000000 272
074 Y000000 0
075 A000000 0
075 B000000 2408
076 000000 0.00
077 A000000 Y
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 B000000 GULF, CNA INSURANCE, CHUBB INSURANCE
080 C000000 95000
081 A000000 Y
081 B000000 121
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
<PAGE> PAGE 9
086 F010000 0
086 F020000 0
SIGNATURE CATHERINE VACCA
TITLE DEPUTY MANAGER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 001
<NAME> Class A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6 months
<FISCAL-YEAR-END> Jul-31-1999
<PERIOD-START> Aug-1-1998
<PERIOD-END> Jan-31-1999
<INVESTMENTS-AT-COST> 2635521
<INVESTMENTS-AT-VALUE> 2478472
<RECEIVABLES> 221451
<ASSETS-OTHER> 238383
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3046699
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 479085
<TOTAL-LIABILITIES> 479085
<SENIOR-EQUITY> 435
<PAID-IN-CAPITAL-COMMON> 4207797
<SHARES-COMMON-STOCK> 98974
<SHARES-COMMON-PRIOR> 92060
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1874)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (1481694)
<ACCUM-APPREC-OR-DEPREC> (157050)
<NET-ASSETS> 2567614
<DIVIDEND-INCOME> 35759
<INTEREST-INCOME> 1928
<OTHER-INCOME> 0
<EXPENSES-NET> 38007
<NET-INVESTMENT-INCOME> (320)
<REALIZED-GAINS-CURRENT> (608688)
<APPREC-INCREASE-CURRENT> 1071678
<NET-CHANGE-FROM-OPS> 462670
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 262815
<NUMBER-OF-SHARES-REDEEMED> (196180)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 409144
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (1554)
<OVERDIST-NET-GAINS-PRIOR> (873006)
<GROSS-ADVISORY-FEES> 12554
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 246058
<AVERAGE-NET-ASSETS> 2490404
<PER-SHARE-NAV-BEGIN> 4.84
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 1.08
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 5.93
<EXPENSE-RATIO> 2.52
<AVG-DEBT-OUTSTANDING> 0.00
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 001
<NAME> Advisor Class
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6 months
<FISCAL-YEAR-END> Jul-31-1999
<PERIOD-START> Aug-1-1998
<PERIOD-END> Jan-31-1999
<INVESTMENTS-AT-COST> 2635521
<INVESTMENTS-AT-VALUE> 2478472
<RECEIVABLES> 221451
<ASSETS-OTHER> 238383
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3046699
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 479085
<TOTAL-LIABILITIES> 479085
<SENIOR-EQUITY> 435
<PAID-IN-CAPITAL-COMMON> 4207797
<SHARES-COMMON-STOCK> 13504
<SHARES-COMMON-PRIOR> 12352
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1874)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (1481694)
<ACCUM-APPREC-OR-DEPREC> (157050)
<NET-ASSETS> 2567614
<DIVIDEND-INCOME> 35759
<INTEREST-INCOME> 1928
<OTHER-INCOME> 0
<EXPENSES-NET> 38007
<NET-INVESTMENT-INCOME> (320)
<REALIZED-GAINS-CURRENT> (608688)
<APPREC-INCREASE-CURRENT> 1071678
<NET-CHANGE-FROM-OPS> 462670
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5293
<NUMBER-OF-SHARES-REDEEMED> (154)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 409144
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (1554)
<OVERDIST-NET-GAINS-PRIOR> (873006)
<GROSS-ADVISORY-FEES> 12554
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 246058
<AVERAGE-NET-ASSETS> 2490404
<PER-SHARE-NAV-BEGIN> 4.85
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 1.08
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 5.95
<EXPENSE-RATIO> 2.22
<AVG-DEBT-OUTSTANDING> 0.00
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 001
<NAME> Class B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6 months
<FISCAL-YEAR-END> Jul-31-1999
<PERIOD-START> Aug-1-1998
<PERIOD-END> Jan-31-1999
<INVESTMENTS-AT-COST> 2635521
<INVESTMENTS-AT-VALUE> 2478472
<RECEIVABLES> 221451
<ASSETS-OTHER> 238383
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3046699
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 479085
<TOTAL-LIABILITIES> 479085
<SENIOR-EQUITY> 435
<PAID-IN-CAPITAL-COMMON> 4207797
<SHARES-COMMON-STOCK> 308437
<SHARES-COMMON-PRIOR> 321641
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1874)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (1481694)
<ACCUM-APPREC-OR-DEPREC> (157050)
<NET-ASSETS> 2567614
<DIVIDEND-INCOME> 35759
<INTEREST-INCOME> 1928
<OTHER-INCOME> 0
<EXPENSES-NET> 38007
<NET-INVESTMENT-INCOME> (320)
<REALIZED-GAINS-CURRENT> (608688)
<APPREC-INCREASE-CURRENT> 1071678
<NET-CHANGE-FROM-OPS> 462670
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 297078
<NUMBER-OF-SHARES-REDEEMED> (379383)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 409144
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (1554)
<OVERDIST-NET-GAINS-PRIOR> (873006)
<GROSS-ADVISORY-FEES> 12554
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 246058
<AVERAGE-NET-ASSETS> 2490404
<PER-SHARE-NAV-BEGIN> 4.82
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 1.08
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 5.89
<EXPENSE-RATIO> 3.22
<AVG-DEBT-OUTSTANDING> 0.00
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 001
<NAME> Class C
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6 months
<FISCAL-YEAR-END> Jul-31-1999
<PERIOD-START> Aug-1-1998
<PERIOD-END> Jan-31-1999
<INVESTMENTS-AT-COST> 2635521
<INVESTMENTS-AT-VALUE> 2478472
<RECEIVABLES> 221451
<ASSETS-OTHER> 238383
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3046699
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 479085
<TOTAL-LIABILITIES> 479085
<SENIOR-EQUITY> 435
<PAID-IN-CAPITAL-COMMON> 4207797
<SHARES-COMMON-STOCK> 14397
<SHARES-COMMON-PRIOR> 21109
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1874)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (1481694)
<ACCUM-APPREC-OR-DEPREC> (157050)
<NET-ASSETS> 2567614
<DIVIDEND-INCOME> 35759
<INTEREST-INCOME> 1928
<OTHER-INCOME> 0
<EXPENSES-NET> 38007
<NET-INVESTMENT-INCOME> (320)
<REALIZED-GAINS-CURRENT> (608688)
<APPREC-INCREASE-CURRENT> 1071678
<NET-CHANGE-FROM-OPS> 462670
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3742
<NUMBER-OF-SHARES-REDEEMED> (46737)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 409144
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (1554)
<OVERDIST-NET-GAINS-PRIOR> (873006)
<GROSS-ADVISORY-FEES> 12554
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 246058
<AVERAGE-NET-ASSETS> 2490404
<PER-SHARE-NAV-BEGIN> 4.82
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 1.06
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 5.88
<EXPENSE-RATIO> 3.22
<AVG-DEBT-OUTSTANDING> 0.00
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>