Posts tagged ‘List of Chinese leaders’

03/03/2014

What’s in a Number? For China’s Leaders, a Lot – China Real Time Report – WSJ

After years as a planning formality, China’s official target for economic growth is posing a problem for the country’s leaders amid confusion about the signals the goal sends — and whether it even matters.

Premier Li Keqiang will announce the annual GDP target in a speech Wednesday to the legislature.

Some economists see the growth target as a holdover from the days of the planned economy and a symbol of short-term thinking. They say officials naturally will try to exceed the goal, generating growth without regard to environmental and social ills.

“Targeting has achieved the goal of providing economic development incentives, but it also created a whole host of problems with land policy, with local government debt, with the banking system and generally rising debt levels,” said Li Wei, an economics professor at Beijing’s Cheung Kong Graduate School of Business.

At issue for Chinese leaders is where to set the target, given that overall growth is slowing – perhaps even faster than Beijing would like. Setting a high target would show that the government still places a premium on growth. A lower target would signal that the government’s focus has shifted from growth at any cost to tackling debt, tax and other structural problems.

Local media, citing unidentified sources inside the government, say this year’s target is likely to repeat last year’s aim of “about 7.5%” growth. Officials may opt to soften their wording, calling the figure an “expectation” rather than a target, Mr. Li said.

For most of the past 20 years the target has been set between 7%-8%. In most years China exceeded it handily, on average by two percentage points. It missed only once, in 1998, by a whisker.

China’s gross domestic product grew 7.7% in 2013, the same as the year before. But with mounting debt and recent signs of weakness in the manufacturing sector, many economists doubt the economy can keep up a similar pace.

“I think fixing it at 7.5% will prove to be a very awkward situation for the government,” said Yao Wei, an economist at Société Générale. “It would be better to give themselves some leeway.”

via What’s in a Number? For China’s Leaders, a Lot – China Real Time Report – WSJ.

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14/12/2013

Six major economic tasks set for next year – Chinadaily.com.cn

Chinese leaders have wrapped up a four-day Economic Work Conference, promising to maintain stable economic policies to achieve reasonable economic growth in the coming year and pointing out six major tasks.

Six major economic tasks set for next year

The four-day economic conference, chaired by China’s President Xi Jinping, decided to maintain the proactive fiscal policy and prudent monetary policy stance in 2014.

In a statement after the conclusion of the close-door-meeting, officials said the country would expand its reforms into different sectors. Especially, focus should be placed on keeping reasonable credit growth and social financing next year. Pushing forward interest rate liberalisation and the internationalisation of the yuan currency also figure on the hit list. The six top tasks for 2014 are

1. Securing food supply, and at the same time, food safety;

2. Changing the industrial structure, resolve the over-capacity issue and promote sustainable economic growth driven by consumption, services and innovation.

3. The government will also try to better manage the debt of local governments.

4. Coordinating the development between different regions.

5. Improve people’s livelihood and boost employment.

6. Last but not least, China will also spur international financial cooperation, mainly in the areas of Free trade agreements and investment deals.It’s widely expected that China’s economy will grow at annual 7.6-7.7 percent this year, above the government target of 7.5 percent.

via Six major economic tasks set for next year – Chinadaily.com.cn.

See also: https://chindia-alert.org/economic-factors/china-needs-to-rebalance-her-economy/

09/02/2013

* Mysterious China blogger comes out

SCMP: “For weeks, a mysterious microblog has been lifting a veil from around China’s new leader, Xi Jinping, with candid snapshots from his travels that defy the typically stiff and staged images of the leadership presented in state media.

Xi Jinping 习近平

Xi Jinping 习近平 (Photo credit: Wikipedia)

Ordinary Chinese, foreign reporters and even China’s own state media have speculated over who or what might be behind the blog – ostensibly registered to a female tech school graduate. Is Xi’s own team surreptitiously trying to humanise the leader in the guise of citizen journalism? Is this a crusader’s attempt to bring China’s leaders down a notch and send them a message?

It turns out it’s the brainchild of a male college dropout and migrant worker, Zhang Hongming, who said in an exclusive interview that he is both a genuine fan of China’s new leader and intent on making him more accessible to the country’s people.

“It is just me. It’s completely an individual act,” said Zhang, who started the “Fan Club of Learning From Xi” on China’s Twitter-like Sina Weibo on November 21 with a simple thought: Like other foreign leaders in these times, Chinese leaders should have an online following.

Zhang said he initially wanted to keep a low profile, but now wants to come forward to end the rampant speculation about his identity and intentions.

The account shares photos gathered from citizen volunteers and local reports throughout the country of Xi on his visits out in the field – and the candid images aren’t always flattering. There are shots of him visiting a vegetable market, serving food to the elderly, looking sideways. One shows him napping in a van.

The microblog even tracked Xi’s recent trip to Gansu province step by step, beating state media in reporting Xi’s activities. National broadcaster CCTV complained on its own microblog: “What happened? The Study Xi Fan Club is quicker and closer to him than us.”

The unexpected popularity of the microblog speaks to the Chinese public’s demand to humanize their typically aloof leaders.

“Our leaders used to appear to be out of reach for the masses. They always appeared to be mysterious. Now the public can feel closer to their leader with timely and transparent information,” Zhang said. “Xi is a national leader, but take his official title away, he’s an ordinary person.””

via Mysterious China blogger comes out | South China Morning Post.

12/11/2012

* New Chinese leaders in transition

This is a most insightful article about the new cohort of Chinese leaders. Unlike any other country where national leaders come from all ages and backgrounds, the new Chinese leadership share more in common between them than there are differences. It will give our readers a better understanding of what is about to come once the leadership transition is complete next Spring.

Xinhua: “More than 2,200 delegates to the 18th National Congress of the Communist Party of China (CPC) began on Sunday to deliberate a proposed name-list of nominees for the candidates for the Party’s new leadership.

 

Within days, they will elect members and alternate members of the 18th CPC Central Committee, the leading body of the world’s largest ruling party.

China’s leadership transition, which began last year from township level, will surely determine the future of the world’s second largest economy, and influence the world.

A new standing committee of the CPC Beijing municipal committee was elected on July 3, marking the completion of the leadership change at the provincial level.

Since the beginning of the year, main leaders of some central departments and centrally-administered enterprises have been replaced. The seventh plenum of the 17th CPC Central Committee early this month appointed two vice chairmen of the CPC Central Military Commission.

The local leadership transition and central-level reshuffle are preparations for the leadership transition at the 18th Party congress, Dai Yanjun, a scholar on Party building with the Party School of the CPC Central Committee, said.

From central to local levels, the new army of CPC officials bear the distinctive characteristics and personal styles and they are to lead China’s new round of reform and development, said Dai.

GROWING UP UNDER RED FLAG

Among the delegates to the 18th Party congress, a number of CPC officials born in the 1940s, 1950s and 1960s, were under the spotlight.

Dai said they grew up in a totally different historic and social environment from their predecessors, which will, to a great extent, lead to a different administration concept and approach.

Unlike the founding fathers of the People’s Republic of China and previous generations of leading officials who grew up in wartime, the new leadership, mostly born around the founding of New China, grew up in peacetime.

This allowed them to have a complete and systematic education of the mainstream socialist ideology, and shaped their worldview and value orientation.

In their youth, they underwent severe tests during the Great Leap Forward in 1958 and “three years of natural disasters” (1959-1961). The turbulent Cultural Revolution (1966-1976) was a hard time for them. Some, in their teens, were forced to live and work in the poorest villages after their parents were persecuted.

“In short, they all went through starvation and had the experience of working hard in rural areas,” said Dai. “They are victims of the Cultural Revolution. They witnessed the ups and downs of China’s development and the success of the national rejuvenation. They are firm supporters of reform and opening up.”

The leading officials born after 1950 and with experiences as “educated youth” are an idealistic and realistic group. They are closely watched by foreigners who are looking into China’s future, said Cheng Li, director of research and a senior fellow at the John L. Thornton China Center of the Brookings Institution.

FULL UNDERSTANDING OF NATIONAL CONDITIONS

Elites have become the backbone of the CPC and the country. The people elected into the top leadership at the 18th Party congress will showcase the Party’s governing ideals and value orientation in the future, said Dai.

A notable feature of the leading officials born after the founding of New China, no matter what families they are from, is that they all have grassroots working experiences. They had worked with ordinary farmers, workers and soldiers, and been promoted step by step.

Such experiences are valuable, said Dai. This gives them a full understanding of the society and country, so that they will address state issues from the viewpoint of common people and focus more on improving people’s livelihood.

Chinese leader Hu Jintao said, at the 90th founding anniversary of the CPC last year, that alienation from the people poses the greatest risk to the Party after it has gained political power.

At the ongoing Party congress, Hu stressed efforts to “put people first, exercise governance for the people and always maintain close ties with them.”

China is undergoing rapid social transformation and many thorny problems emerged first at grassroots levels.

The leading officials were working at grassroots levels when China launched the reform and opening-up drive and profound changes took place in social interests and structure, Dai said.

They met with and handled quite a lot of new problems, Dai said. “Such working experiences enable them to know what the people need most. This is an ability that cannot be learned from books and also their big advantage.”

PROFESSIONAL BACKGROUND AND INTERNATIONAL VISION

Another feature of the leading officials is that they have abundant learning experiences and a sound professional background.

Many of them went to the best colleges in China after the end of the Cultural Revolution, and some others took in-service educational programs and managed to acquire master and doctorate degrees. Well-educated officials are nowadays common in central and local authorities.

With the academic degrees and professional background, they meet better the requirements of the current economic and social development, Dai said.

A feature of their academic backgrounds is that more people studied humanities and social science, and some of them majored in political science, law and management, giving them confidence in pushing forward reform in all respects, Cheng Li said.

Unlike the previous generations who studied in the Soviet Union, many of the leading officials were sent or chose to study in the United States and developed European countries, gaining a broad international vision.

Xie Chuntao, a professor with the Party School of the CPC Central Committee, said that the leading officials are not rigid or conservative, and they will guarantee the adherence to reform and opening up and the path of socialism with Chinese characteristics.

“They participated in, witnessed and benefitted from reform and opening up, and know what was it like before, so none of them will look back,” said Xie.

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