4 Chinese economists and academics advising Beijing on capital, employment and finance

4 Chinese economists and academics advising Beijing on capital, employment and finance

Since the third plenum of China’s 19th Central Committee’s in 2018, economists and academics have offered advice on how Beijing should plan its economic strategies. And with the tone-setting third plenum of the new Central Committee set to take place next week in Beijing to chart China’s long-term growth path, we look at four of … Read more

China’s Communist Party on track for 100 million members by year’s end

China’s Communist Party on track for 100 million members by year’s end

Membership of the Chinese Communist Party reached 99 million last year and is on track to reach 100 million by the end of 2024, but the rate of growth continues to slow, according to the latest official tally. In line with tradition, the data was released a day ahead of the July 1 celebrations to … Read more

Jet engineer Huang Qiang to take Jilin’s helm as China promotes tech-savvy leaders

Jet engineer Huang Qiang to take Jilin’s helm as China promotes tech-savvy leaders

The officials are expected to bring expertise in areas such as rocket science, nuclear power and environmental protection. Huang belongs to a group of rising political stars with backgrounds in science and engineering. Born in the eastern Zhejiang province, he is a senior engineer with a doctorate in management science and engineering from Northwestern Polytechnical … Read more

China’s economy ‘is full of hope’, but market reforms key to healthy, sustainable foundations

China’s economy ‘is full of hope’, but market reforms key to healthy, sustainable foundations

Unswerving market-oriented reforms would be key for China’s upcoming third plenum, said a former senior official with Beijing’s top economic planner. “China’s economic reform has been going on for 45 years, and this year marks the 46th year, and the most important core issue is reconciling the relationship between the government and the market,” said … Read more

Dates set for China’s long-awaited third plenum when policy direction will be revealed

Dates set for China’s long-awaited third plenum when policy direction will be revealed

China’s ruling Communist Party elite will meet from July 15 to 18 for the long-awaited third plenary session, a gathering expected to shed light on the development direction of the world’s second-largest economy amid intense external challenges. It is expected to be a defining moment of President Xi Jinping’s third five-year term as the party’s … Read more

China’s Politburo warns of economic risks as Communist Party readies for third plenum

China’s Politburo warns of economic risks as Communist Party readies for third plenum

“The complexity, severity and uncertainty of the external environment have spiked,” it said, according to a statement released by state news agency Xinhua. The session, also known as a plenum, traditionally sets economic strategy for the next five to 10 years and is often seen as the most important of the seven party gatherings held … Read more

China finds foreign support for Xinjiang policies as region seeks to boost economic ties

China finds foreign support for Xinjiang policies as region seeks to boost economic ties

The event coincided with Eid ul-Fitr, the Muslim festival that marks the end of the fasting month of Ramadan. Xinjiang is home to 25.85 million people, 14.93 million of whom are members of ethnic minority groups, including the Muslim Uygurs and Kazakhs. EU sees 200% surge in Xinjiang imports despite human rights concerns Beijing has … Read more

China revamps discipline inspection rules to ensure Xi Jinping’s instructions are carried out

China revamps discipline inspection rules to ensure Xi Jinping’s instructions are carried out

A newly added paragraph at the beginning of the document states that the inspection work’s “fundamental task is to resolutely safeguard the core status” of Xi, as well as his authority and leadership. Another new section explains that the party’s inspection team shall, as its top priority, check on the implementation of “major decisions and … Read more

With China’s economic plenum still unscheduled, observers worry politics remain in command

With China’s economic plenum still unscheduled, observers worry politics remain in command

Top priorities will include party discipline and cohesion, according to a statement issued after the meeting, though “high-quality development” was also emphasised. National security and upholding unity under the party and central government’s leadership remain the most crucial goals, while other matters such as youth employment and economic rejuvenation seem to rank lower, observers and … Read more

China’s Xi Jinping pushes ‘disruptive innovation’ at first Politburo study session of the year

China’s Xi Jinping pushes ‘disruptive innovation’ at first Politburo study session of the year

Chinese President Xi Jinping called for efforts to boost “disruptive innovation”, integrate technology with industry, and increase supply chain resilience as he presided over this year’s first Politburo study session. At the meeting of the Communist Party’s top policymaking body on Wednesday, Xi said China must strengthen scientific and technological innovation – especially “original and … Read more