Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

US gov’t and Google face off in search monopoly case | Technology News

May 30, 2025

Tesla shares bounce back as Elon Musk ends time with Trump and DOGE

May 30, 2025

Musk deflects question about drug use report as Trump watches

May 30, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » China’s 3rd Plenary Session: Xi tells party to show ‘unwavering faith’ in reform plan
China

China’s 3rd Plenary Session: Xi tells party to show ‘unwavering faith’ in reform plan

i2wtcBy i2wtcJuly 16, 2024No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


The country on Tuesday reported weaker-than-expected growth figures for the first half of the year, leading some investment banks, including Goldman Sachs, to cut their full-year growth forecasts for the world’s second-largest economy.

As Xi prepared to deliver his work report behind closed doors, the party’s main theoretical magazine Qiushi published Xi’s slogan on Tuesday under the headline “Maintain self-confidence and self-reliance.”

09:12

China’s 3rd Plenary Session: What to expect from the long-delayed policy conference

China’s 3rd Plenary Session: What to expect from the long-delayed policy conference

It urged its members to demonstrate unwavering faith and determination in the development path China has set for itself, warning that there are no “ready-made solutions” or “foreign instruction manuals” for China to follow.

The magazine also included excerpts from his past speeches, including the following passage: “The Chinese economy has not collapsed because of the ‘China collapse theory’, nor will it stop growing because of claims that the Chinese economy has hit a plateau. China’s development prospects are bright, and we have faith and confidence.”

This, combined with articles published in other official media, including the state news agency Xinhua, which praised him as a “purebred reformer”, suggests there will be no major change in direction.

Instead, Beijing is likely to stick to a development strategy focused on technology, advanced manufacturing, and other areas it considers important to the nation’s overall strength.

While this may differ from the typical Western understanding of “reform” as meaning market liberalization, it is consistent with President Xi Jinping’s vision of improving party governance and achieving China’s “great rejuvenation.”

01:27

China’s Communist Party expected to reach 100 million members by the end of the year

China’s Communist Party expected to reach 100 million members by the end of the year

Xinhua praised Xi as a “statesman, thinker and strategist” who has “always shouldered the heavy responsibility of reform” and “individually reviewed and revised all major plans.”

The paper also described him as “the country’s other outstanding reformer after Deng Xiaoping”, noting that the two top leaders “faced significantly different historical circumstances”.

Deng Xiaoping had to build an impoverished China from scratch, but when Xi came to power China was already the world’s second-largest economy, but many of the advantages that had underpinned its rapid development, such as cheap labor, were already beginning to fade.

“Xi did not rest on his laurels at the achievements of his predecessors, but made every effort to carry out reforms despite being aware of the difficulties,” Xinhua said, adding that Xi had played a role in all of China’s major reforms throughout his career.

According to a separate Xinhua article, President Xi has presided over 72 meetings since coming to power in 2013 and has directly led all reform programs since then.

Xie Maosong, a senior researcher at Tsinghua University’s Institute of National Strategy, said the official message made it clear that Xi would not deviate from the path he had chosen and would institutionalize his reforms as his “major political legacy.”

Deng Yuwen, former deputy editor-in-chief of the Study Times, the newspaper of the Central Party School, warned that the party needed to keep a close eye on public sentiment amid growing discontent over a weakening economy.

“People want basic things like more ambitious people, fairer employment opportunities and food safety. The party must show it can achieve these goals.”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

China

World’s largest fleet of driverless mining trucks operate in north China-Xinhua

May 30, 2025
China

Signing ceremony of Convention on Establishment of International Organization for Mediation held in Hong Kong-Xinhua

May 30, 2025
China

California’s ports face economic devastation as tariffs cripple trade with Asia-Pacific-Xinhua

May 30, 2025
China

2025 Int’l Humanoid Robot Skills Competition held in Shanghai-Xinhua

May 30, 2025
China

Mayors from around the world gather in Shanghai for cooperation dialogue-Xinhua

May 30, 2025
China

China-SCO AI Cooperation Forum held in China’s Tianjin-Xinhua

May 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

US gov’t and Google face off in search monopoly case | Technology News

May 30, 2025

Swimming at the 2023 World Aquatics Championships Preview

January 5, 2020

21 Best Smart Kitchen Appliances 2024 – Smart Cooking Devices

January 6, 2020

World Music Day 2023: What Is It and Why Do We Celebrate It?

January 7, 2020
Don't Miss

US gov’t and Google face off in search monopoly case | Technology News

By i2wtcMay 30, 20250

Google has been back in federal court to fend off the United States Department of…

From students to tech: How US-China ties are sliding despite tariff truce | Trade War News

May 30, 2025

From Hunter to Hoover: How clemency became a circus | Prison

May 30, 2025

RFK Jr ends COVID vaccine recommendation: What do facts say about risks? | Health News

May 30, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

US gov’t and Google face off in search monopoly case | Technology News

May 30, 2025

Tesla shares bounce back as Elon Musk ends time with Trump and DOGE

May 30, 2025

Musk deflects question about drug use report as Trump watches

May 30, 2025
Most Popular

‘Fooled’: Chinese doping scandal disrupts swimming

April 21, 2024

Apple eyes Southeast Asia and India as hedge against China issue

April 24, 2024

Philippines denies doing business with China over disputed South China Sea shoals

April 27, 2024
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.