19

Oct

12:24am
Roger McKenzie
Chinese party congress envisions domestic growth and equality, less reliance on exports

Chinese party congress envisions domestic growth and equality, less reliance on exports

Roger McKenzie//12:24am, Oct 19th '22

Chinese leader Xi Jinping opened the Communist Party’s 20th Congress Sunday promising to reinforce “a new pattern of development” focused on domestic rather than export-led growth and reducing inequality.

Vowing to continue “the rejuvenation of the Chinese nation” in an address to the congress’s 2,000 delegates, Xi was joined on stage by his predecessor as Communist Party general secretary Hu Jintao, former prime minister Wen Jiabao, and 105-year-old communist revolutionary veteran Song Ping to emphasize the continuity of the Chinese Revolution.

“We must fully and faithfully apply the new development philosophy on all fronts,” he said, referring to changed targets that emphasize “all-rounded development” rather than simply economic growth.

Reducing inequality has been a major theme of Xi’s leadership, with China celebrating the elimination of absolute poverty last year and cracking down hard on corruption in both the party and the government.

Promoting domestic demand and a higher quality of life within China rather than settling into a position as a manufacturer of goods for the developed West has also been a hallmark policy, one accelerated by U.S. economic attacks seeking to cut China out of global supply chains.

The leader attributed the progress China has made to its reliance on socialist ideology in the development of policy. “Our experience has taught us that, at the fundamental level,” he said, “we owe the success of our party and socialism with Chinese characteristics to the fact that Marxism works.”

If you read our blogs then why not our magazine!!!
Image
Click here to subscribe our monthly magazine

Xi said Beijing would maintain its zero-COVID policy, in which coronavirus outbreaks are quickly isolated and suppressed. China, he argued, had “protected life and health” in contrast to Western governments which let the virus rip.

Official state statistics report that China has recorded just 10.38 COVID-19 deaths per million inhabitants, a figure far lower than Britain (2,689 per million) or the U.S. (3,099 per million).

The party leader also pledged to stand up to attempts to divide China, praising his administration’s handling of anti-China protests in Hong Kong and saying it would continue to pursue peaceful reunification with Taiwan. He did emphasize, however, that China “will never promise to renounce the use of force” to settle the Taiwan question and said the nation would “reserve the option of taking all measures necessary.”

Xi is expected to be elected to serve a third five-year term as general secretary at this congress.

Since 1993, the general secretaries of the Communist Party of China have also been elected president of the country and chair of the Central Military Commission, positions he is also likely to retain over the next five years.

Originally Published by

Morning Star

Personal and Corporate Tax - Reality versus Bourgeois Economics
Stewart Mcgil UK//11:19am, Jan 22nd '21

Personal and Corporate Tax - Reality versus Bourgeois Economics

The ideas propagated by bourgeois economists and the right-wing on taxation, particularly those that associate low taxes on the rich and on corporates with economic growth, are nonsense: the following....

Read More
The Conflict between Russia and Ukraine, as seen by a Brazilian
Cristian Junior Brazil//11:55pm, Mar 20th '22

The Conflict between Russia and Ukraine, as seen by a Brazilian

The conflict between Russia and Ukraine has been over explored in the newspapers in recent days. It is not very clear what the fundamental reasons for this conflict are, nor what the involvement of NATO....

Read More
SHEINBAUM, THE FIRST WOMAN ELECTED TO THE PRESIDENCEY  OF MEXICO AND ITS POLITICAL RAMIFICATIONS
Luis Lazaro Tijerina USA//4:35am, Jul 2nd '24

SHEINBAUM, THE FIRST WOMAN ELECTED TO THE PRESIDENCEY OF MEXICO AND ITS POLITICAL RAMIFICATIONS

Mexico is a country famous for its revolutionary insurrections. Since the historical period when they were first colonized by the Spanish monarchy of Charles V, the Mexican people have been subjugated....

Read More
Lebanon: Towards the second phase of the uprising
Jad Kabbanji. Independent Researcher from Canada//9:11pm, Apr 6th '21

Lebanon: Towards the second phase of the uprising

Dr Mohamed Ajami died on Sunday, March 28 in a car accident. He is the latest emblematic victim of the systemic crisis that hits Lebanon. A victim of roads full of potholes, a victim of the lack of electricity....

Read More
Countdown to Diaz-Canel's NYC Highlight
S Chakraborty India//10:52pm, Aug 31st '23

Countdown to Diaz-Canel's NYC Highlight

The United Nations General Assembly from 5th September in New York is set to welcome Cuban President Miguel Díaz-Canel, as reported by the Miami Herald on Monday.Cuban President Miguel Díaz-Canel's forthcoming....

Read More
FRACKING KILLS: Harvard study – Those who live closer to fracking sites die earlier
Werner Rugemer Germany//1:43am, Apr 22nd '22

FRACKING KILLS: Harvard study – Those who live closer to fracking sites die earlier

In January 2022, Harvard University published the results of a study which states that people over 65 who live near U.S. fracking sites die earlier than people who do not live in such areas. Fracking....

Read More