In the days celebrate China that it is 40 years since the communist party central committee during a conference, 18-22 december, drew up guidelines for a new ideological direction. With Deng Xiaoping as the architect opened the economy gradually up to the outside world. Private companies began to be permitted and tax-free zones.
Now, China is a market economy with a remarkable journey behind him. Gdp par capita has gone from 300 to 15.000 dollars and the percentage of poor has fallen from over half to just a few per cent of the population. Was the fifth university student in the world is chinese and twice as many chinese as americans graduated last year. Medelkinesen have become longer, heavier, and eat more meat.
however, it has the engine of the economic miracle started to hack. The economy is not growing as quickly. At the same time, presses the united states to China, with increased customs duties, and threatening further punishment if China does not open up more, ending distortion of competition by government subsidies and ceases to steal technological secrets.
With this in mind had reformers in China hoped that president Xi Jinping in Tuesday’s televised speech would come with the promise of real reforms that will give the economy new momentum. Among other things, they want to open up the market more to foreign investment and reforming the financial system. This is considered to be the way forward if the world’s second-largest economy to take the step from a medelinkomstekonomi to establish itself as a rich welfare state.
despite the fact that Xi Jinping, has previously promised a ”new era” in China’s reform policy did not materialize any new pledges to liberalise the economy. Instead, he highlighted the communist party’s significance for China’s development. The party’s strategy has been ”absolutely right,” he said.
with the image of China has taken a step back in the reform policy and moved towards a more autkoritärt government under Xi Jinpings leadership. He is criticised for having increased the role of the state in the economy, and to have made it more difficult for private businesses to find funding. With Xi Jinping, China has scored its most powerful leader since Mao Zedong, claims many. He is the president for all the country’s most important records, and cultivates a cult of personality.
Even within the party are those who want to go a different route. The deputy prime minister Liu He have said to foreign visitors to China know that the country must open up its market more to foreign countries and to reform its financial system. But reforms are stuck in the absolute political peak, he said.
interpreted that that Xi Jinping wants to keep the decisions within his closest circle in the autumn to put to the influential central committee, with 380 members, meeting. Xi Jinping has also seen the writing on the konstutitionen so that he can sit on the lifetime, earlier there was a time limit.
During his speech avoided the president to mention whether trade wars, or other economic challenges. However, he warned other countries of interfering in Beijing’s affairs.
” No one has the right to dictate what the chinese people should or should not do. We must resolutely reform it we should and can, we must resolutely not to reform it, we should not and can, he said.
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