[The Epoch Times, 22 Dàmhair, 2024](Reported by Epoch Times reporters Ning Haizhong and Luo Ya) Chinese Communist Party authorities cannot “save the economy”. The State Council to go out to local areas to “investigate.” Observers believe that the issue involves an internal fight within the CCP over the economic line. at the Central Economic Work Conference at the end of the year, and Prime Minister Li. Qiang may be completely sidelined. Wang Xiaohong, a close confidant of Xi Jinping who received a lot of attention in this “investigation”, was accused of a personal conspiracy.
Recently, all the vice premiers and state councilors of the State Council of the Communist Party of China have come out. Vice Premier of the Government Ding Xuexiang went to Henan and Jiangsu to inspect economic work; Chongqing and Hubei to study “agriculture, rural areas and farmers”; State Councilor Wang Xiaohong went to Tianjin and Xinjiang to examine the “services to ensure high-quality economic development”; Wu Zhenglong studied policy implementation in Shandong and Jilin; State Councilor Chen Yiqin recently visited Hainan to study cultural tourism, civil affairs and other work.
As for high-level visits to local areas for inspection, official reports said the purpose was to “monitor and guide” and “increase efforts to promote the implementation of a package of incremental policies,” but each has its own focus. They also emphasized the need to “encourage continued economic recovery and strive to achieve annual economic and social development goals and activities.”
Analysis of the conflict between the pragmatists and the Leapforward group: Li Qiang can be completely ignored
Wang Juntao, a political scientist living in the United States and chairman of the National Committee of the Democratic Party of China, told The Epoch Times that this study by the State Council of the Communist Party of China is actually based on the Central Economic Work talk to be held in December.
Wang Juntao said that Vice Premier He Lifeng, who is in charge of the economy in the State Council, represents the views of Xi Jinping, while Premier Li Qiang still holds the views of the former Premier Li Keqiang. Li Keqiang died last October. livelihood and employment of people. As a result, Xi Jinping was said to have walked away in the middle of the meeting Later, Xi Jinping blamed Li Qiang for not controlling the situation.
He believes that Li Qiang wanted to do what Li Keqiang did, but he changed the words For example, when Li Keqiang said he wanted to develop a street stall economy, he called it a street economy the word Li Qiang talking about the Internet economy and Li Qiang talking about the platform economy In fact, it is the same thing. studies since the beginning of this year.
“But Xi Jinping also found that the economy is not really good, so this year he made concessions one after another, including real estate, and he reversed them all. The stimulus (policy) efforts of the past are even stronger. “
Wang Juntao said that the top leadership of the CCP is always divided into pragmatists and progressive ones emphasizing the world market. However, the Chinese people have a very hard life, and while the markets around the world are recovering, the Chinese stock market is in mourning, and the national economy and people’s livelihood are greatly damaged. .
Wang Juntao said that Xi Jinping wants to develop “new productive forces” and emphasizes “patient capital”, which really requires the state to intervene in the financial market solving bottlenecks in the national economy.
He believes that the next round of China’s economic management is still the focus of the debate between Li Keqiang and Xi Jinping, that is whether to pay attention to the economy of the people’s livelihood that Li Qiang seems to be now more affected by the economy of the people’s livelihood he is the prime minister and is responsible for the employment and food supply of the entire country. And Xi Jinping also wants to continue what he calls “new ideas and new development patterns.”
Wang Juntao also said that the Central Economic Work Conference of the Communist Party of China is one of the few discussions within the Chinese Communist Party. “When the Communist Party talked about economic issues, many key policies were blocked here and could not be implemented because a group of pragmatists would talk, so Xi Jinping walked away in the middle of last year’s Central Economic Conference.”
He believes that this year’s economic work conference is very important.
“There may be a debate at the Central Workers’ Conference in December this year. It is not about confronting Xi Jinping. This is unlikely. But Li Qiang may use serious problems economic to push hard. I hope Xi Jinping will stop engaging in new productivity and patient capital.
Wang Juntao said that Xi Jinping is not sure about the situation now, but if local officials do not support him at the Main Economic Work Conference at the end of the year, he will seriously use measures to make Li Qiang sent out, just like after Deng Xiaoping’s speech during his visit to the south, although Li Peng was still prime minister, Deng By allowing Zhu Rongji to be the executive vice president is equivalent to ‘ take over the power of economic management, and Li Peng will be sent away.
“No matter how powerful the leaders of the Communist Party in the world, including Stalin, three generations of the Kim family, Mao Zedong, and Deng Xiaoping, once they encounter economic problems , they have to make concessions to pragmatic leaders. When the economy improves, they will start to struggle for a while. Anyone who disagrees with him will definitely be targeted by Xi Jinping in the future, but not necessarily the time yet, but Co- this year’s Central Economic speech Local officials report on the situation, Xi Jinping’s comments can continue.
Wang Xiaohong’s support for local Xi was accused of having a personal plot
Xinhua News Agency, the mouthpiece of the CCP, reported that State Councilor Wang Xiaohong, Secretary of the CPC Central Committee Secretariat, was in Xinjiang from October 19 to 21 to study the so-called “high economic service guarantee”. status. development” in Xinjiang. From October 15 to 16, Wang Xiaohong conducted a similar investigation in Tianjin in the same capacity. He emphasized Xi Jinping’s decisions in both Tianjin and Xinjiang In Tianjin, he held a national conference of public security leaders, emphasizing the “new quality combat effectiveness” public security “solidarity” security of the public
Wang Xiaohong is Xi Jinping’s former Fujian minister, and is also Party Secretary and Minister of the Ministry of Public Security.
Wang Juntao said that now Wang Xiaohong is clearly on the same side.
Wang Juntao said that Wang Xiaohong went to Tianjin and Xinjiang this time, the two places where members of the Politburo headed by Chen Min’er are once the “Crown Prince”, and Xinjiang’s Ma Xingrui was also a “star rise” in the political arena of the CCP. Wang Xiaohong appeared prominently. He has a mission when he goes to the local area, which is to help Xi Jinping win political support, talk to Chen Min’er and Ma Xingrui, and convey Xi Jinping’s words below, which are co -equal to movement. In addition, Wang Xiaohong himself wants to join the Politburo and has his own personal calculations.
The economic market is shaky, and the top leaders of the CCP are worried.
Since the end of the “contingent solution” policy, China’s economy has continued to weaken. By the end of September, the Chinese Communist Party authorities launched a series of policies such as interest rate cuts, reserve requirement ratio cuts, mortgage interest rate cuts, and policy tools worth 800 billion yuan (same below) , which once promoted the stock. market to increase. However, after the National Day holiday, the stock market fell again.
The Chinese Communist Party authorities have proposed an economic growth target of around 5% this year. However, official figures released by the Chinese Communist Party on October 18 showed that China’s economy grew by 4.6% year-on-year in the third quarter of this year, the slowest growth rate since the start of 2023, and it has go down for. the third quarter in a row. The CCP is used to evading information, and the outside world has been questioning the authenticity of the economic data it publishes.
Wang He, an expert on China affairs, told the Epoch Times that China’s economic crisis is very serious. The economic growth rate set by Xi Jinping at the beginning of the year was 5%. on the face.
Wang He said that the political situation of the Chinese Communist Party has undergone major changes due to the poor economy. deputy prime ministers and councilors of state must participate.
“One of the biggest problems facing the Chinese Communist Party authorities is that the current economic market is shaky, and no one can do anything about it, so they are treating a dead horse like a live horse. The situation of China’s economy is worse than in 2008, when China had a good relationship with the United States and held the Olympics in Beijing. The President of the United States even came to support us. Many countries came to West, but now there is a fall out between China and the United States, China is separated from the West, and the international environment has completely reversed As for the domestic environment, the real estate industry has collapsed, and there is a local debt crisis at any time. CCP wants to stimulate, but is not willing to overstimulate.”
He believes that since the central government has not employed many people, the local governments have little enthusiasm at the moment in a state of chaos. So, this time when senior central officials go to local areas, they also want to put pressure on the subordinates, which means they are beaten.
Editor-in-Chief: Li Renhe #
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2024-10-22 10:19:00
