Xi Jinping Consults Overseas Think Tank
The Chinese Communist Party’s (CCP)
Third Plenary Session will be held soon.
The top leadership say the current reform like
biting on hard bones, is very tough.
They consulted experts from home and abroad.
What is the real direction for China?
Will the CCP internal reforms work?
Let’s take a look.
The Third Plenary Session was scheduled in November.
The date has not been publicized yet.
For several months, the high-level leaders spoke on many
occasions, particularly at international meetings.
They vowed to fully deepen the reforms.
On Oct. 23, the CCP leader Xi Jinping met
with an overseas think tank.
Xi consulted experts about China’s economic reform.
The experts include David Rubenstein, co-founder of the
Carlyle Group, a global private equity investment firm,
and John Thornton, Chairman of the Board of Trustees at
Brookings Institution in Washington D.C..
On the same day, Xi met with overseas members of
Tsinghua University School of Economics and
Management Committee in Diaoyutai State Guesthouse.
Xi emphasized the upcoming CCP conference will discuss
Xi says the current problem of reform needs to be resolved
is extremely tough, which like hard bones is hard to bite.
If they hesitate and are timid, not only can the CCP not
leap forward, but it will also ruin previous achievements.
Xie Tian, Professor at Aiken Business School, University
of South Carolina: “Each time the CCP faces crisis,
it always uses various means such as reform,
anti-corruption, political reform to escape the collaspe.
The CCP’s evil nature has never changed.
All the so-called reforms or listening to other opinions or
consulting think tanks, is for one purpose.
That is to continue to maintain and strength its rule."
In the CCP history, since Deng Xiaoping initiated
reform in 1978, several economic reforms were carried out.
These reforms appeared while the CCP faced political crisis.
The Cultural Revolution has caused the economy to
almost collapse, so the first reform took place.
The crisis directly threatened the CCP’s survival, so the
CCP launched household responsibility system at that time.
The second reform happened after Tiananmen Students
Protest in 1989, when the CCP faced the international sanctions.
Meanwhile, the Soviet Union and East European
Communist Party totally collapsed.
The CCP again encountered crisis of survival.
Deng Xiaoping had to launch “Southern Tour Speeches"
to implement the reform.
In 1998, two-third of state-owned companies
faced financial loss.
The CCP economy faces collapse. So the CCP restructured
Many workers were laid off, many state-owned assets
were seized by CCP leaders.
It seriously widened the gap of wealth.
What is the crisis that makes CCP vow to
deepen the reform?
Liu Yinquan, US-based Professor in Chinese history:
“China is facing complete crisis.
In areas like cultural, economy, political, and environmental,
the CCP is at the time before the entire crisis breaks out.
So the CCP panics."
Zhang Qingxi, Professor in Economics in Taiwan:
“The CCP is facing many problems.
It includes demolition causing resentment.
Many privileges caused poor income distribution.
Severe pollution and local government debts problems,
the financial problems are serious.
All caused by the government.
The central regime is in-led, then led by the local regime.
It didn’t change politically, thus it bound not to be successful."
Recently, the CCP Premier Li Keqiang attended the
national workers unions meeting.
Li admitted in his report that China’s economy is
facing a serious difficulty.
In the first two quarters, economic growth
continues to slow down.
Consumption, investment and
foreign trade are declining.
The central fiscal revenue showed
Chinese economist Wu Jinglian says that the reform is half
done which is the cause of current economic problems.
Only to carry out political reform, can the economic growth
on a sustainable track be achieved.
Gong Shengli, researcher at a Chinese financial think-tank:
“Regarding political reform, Xi Jinping went more backwards
than the Hu Jintao and Wen Jiabao era.
Regarding economic reform, its forced by the global economic
environment changes, Xi has to go ahead.
The two have obvious contradictions.
China didn’t open up political reform, but the economic reform
opening up has reached its limit."
Now in China, many protests occur one after another.
People quit the CCP and its affiliated organizations shows
the CCP is facing crisis of legitimacy.