Home » News » Xi Jinping Chairs Meeting on State-Owned Enterprises: Second Round of Inspections Reveals Corruption – Voice of Hope Report

Xi Jinping Chairs Meeting on State-Owned Enterprises: Second Round of Inspections Reveals Corruption – Voice of Hope Report

[Voice of Hope March 29, 2024](Comprehensive report by our reporter He Jingtian) Chinese Communist Party official media reported that Chinese Communist Party leader Xi Jinping chaired a meeting of the Political Bureau of the Central Committee of the Communist Party of China today to review the comprehensive report of the second round of inspections. After the 20th National Congress of the Communist Party of China, two rounds of inspections have been carried out, fully covering state-owned enterprises and central enterprises. The meeting emphasized that state-owned enterprises are the “important material and political foundation” of the CCP. Some Chinese economists pointed out that all state-owned enterprises should withdraw from the operating field. They have not contributed a penny to China, but they require the people of the country to spend money to support them.

According to Xinhua News Agency, the official media of the Communist Party of China, the Political Bureau of the Central Committee of the Communist Party of China held a meeting on March 29 to review the “Comprehensive Report on the Second Round of Inspections of the 20th Central Committee.” Xi Jinping presided over the meeting.

The meeting stated that since the 20th National Congress of the Communist Party of China, two rounds of central inspections have been carried out to complete the full coverage of centrally managed enterprises. The meeting emphasized that state-owned enterprises are the “important material and political foundation” of the CCP, and must adhere to the “party’s leadership” and achieve “two safeguards”; they must promote “comprehensive and strict governance of the party” and strengthen the supervision of “top leaders” and leaders supervision at all levels and “continue to maintain a high-pressure posture in punishing corruption.”

State-owned central enterprises were listed as the focus of the CCP’s second round of inspections

On October 10, 2023, the official website of the Central Commission for Discipline Inspection of the Communist Party of China and the State Supervision Commission announced that the second round of inspections will include five central agencies and institutions including the Ministry of Science and Technology, the Ministry of Industry and Information Technology, the State-owned Assets Supervision and Administration Commission of the State Council, the State Administration of Science, Technology and Industry for National Defense, and the State Tobacco Monopoly Administration. A total of 31 units of 26 state-owned central enterprises including China FAW and Dongfeng Motor Group carried out regular inspections, and conducted “look back” inspections of the State Railway Administration and China State Railway Group Co., Ltd.

On March 27, 2023, the first round of inspections by the Communist Party of China was launched. 36 institutions were included in this round of inspections, including regular inspections of the party groups of 30 Chinese-owned enterprises, “looking back” inspections of the party committees of 5 Chinese-owned financial enterprises, and inspections of the national party committees. The Party Leadership Group of the General Administration of Sport carried out mobile inspections. There are many “big tigers” and “financial tigers” of central enterprises from the units inspected in the first round.

On April 5, 2023, Li Xiaopeng, the former Party Committee Secretary and Chairman of China Everbright Group Co., Ltd. was investigated; on May 19, Zhou Qingyu, the former Party Committee Member and Vice President of the National Development Bank, was investigated; on July 15, the former Party Committee Member and Vice President of China Everbright Group Co., Ltd. Party Secretary and Chairman Tang Shuangning was investigated; on July 20, Wang Yongsheng, former Party Committee Member and Vice President of the China Development Bank, was investigated.

On June 25, Xu Wenrong, the former deputy party secretary and deputy general manager of China National Petroleum Corporation, was investigated; Du Zhaocai, the “big tiger” in football, was investigated on April 1. He was the vice chairman of the Chinese Olympic Committee and the party secretary of the Chinese Football Association. ; Deputy Director of the State Sports General Administration, member of the Party Leadership Group, etc.

The political situation meeting chaired by Xi Jinping particularly emphasized that state-owned enterprises are the “important material and political foundation” of the CCP.

Wang Weiluo, a Chinese water conservancy expert living in Germany, pointed out that Xi Jinping’s current approach to governing the country is “five sons to succeed in the imperial examination”: “gun barrel” (to control the army), “pen barrel” (to control propaganda), “knife handle” (to control police special forces), “money” “Bag” (controlling money), “Actuarial Man” (controlling data).

State-owned enterprises should belong to Xi’s “money bag”, but this “money bag” of state-owned enterprises seems to be full of worms and loopholes. The money inside is constantly flowing out. Xi’s “material and political foundation” has long been rotten.

The Wall Street Journal reports that since Xi Jinping came to power in 2012, CCP law enforcement officials have punished approximately 5 million people. In 2023 alone, this ongoing campaign has swept across industries such as finance, food, medical and health, semiconductors, and sports. Dozens of senior officials, bankers, hospital directors and even football executives have been sacked.

Sheng Hong, a Chinese economist and director of the Beijing Unize Economic Research Institute, once said that state-owned enterprises are not a form of property rights suitable for existence in the commercial field, and this itself is contradictory to the government’s responsibilities. Sheng Hong advocates that all state-owned enterprises should withdraw from the operating field.

Sheng Hong pointed out that from 1994 to 2013, state-owned enterprises did not pay a penny to the people of the country, but in turn they received hundreds of billions of government subsidies: In fact, it is not the state-owned enterprises that contribute to China, but the people of the country who support them. these state-owned enterprises.

The Unirule Institute of Economics was originally a private think tank but was later shut down by the CCP, and Sheng Hong is currently unable to speak out.

However, what Sheng Hong said more than ten years ago is not outdated, because now the CCP is intensifying its expansion of state-owned enterprises and cracking down on the private economy. It also regards state-owned enterprises as “an important material and political basis” for the CCP’s rule. Xi Jinping’s so-called “inspection of state-owned enterprises and central enterprises” ” is nothing more than trying to preserve this rotten “material and political foundation.” As long as the state-owned enterprises exist for one day, the entire Chinese people will use money to support them.

Therefore, in the view of Xi Jinping’s administration, it is necessary to continue to brainwash the Chinese people with the CCP’s ideology.

Daniel Leese, a professor of Chinese history at the University of Freiburg, believes that for Xi Jinping, the ongoing anti-corruption campaign is partly inspired by Mao Zedong’s “continuing revolution theory”, which aims to avoid Ideological decline within the Communist Party and in society at large. So the key is to maintain constant pressure. In this mode, there is no final stop.

The most important means used by the CCP to rule the people is deception. Maintaining large-scale broadcasts to China to continuously convey the truth is to continue to inject hope into China. Voice of Hope invites you to join us in our efforts.welcomeClickLearn more.

Editor in charge: Lin Li

This article or program was edited and produced by Voice of Hope. When reprinting, please indicate Voice of Hope and include the original title and link.

2024-03-29 21:05:11
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