All posts by NNL - 172. page

A Qiushi article stated that, because some people and businesses are abusing the Internet, China must exercise its control over it. It listed a number of reasons.

The first reason that the article mentioned was that rumors and inflammatory remarks on the Internet can harm social stability and national security. It blamed the Xinjiang “July 5” event (where Uyghurs clashed with the Han people in Xinjiang) in 2009 on the Internet, saying that separatist Rebiya Kadeer and the “World Uyghur Congress” aroused the people and spread false information over the Internet. “Facing such a bloody lesson and such a cost of life, when those words jeopardize social stability and national security, how can we not control it?” “We cheer the police for how they attack those rumor creators and the telecommunication administrators for how they close those rumor spreading websites!”

Source: Qiushi Online, April 16, 2012
http://www.qstheory.cn/zxdk/2012/201208/201204/t20120412_150783.htm

Qiushi republished an article from Huanqiu which argued that, compared to countries that follow the Western-styled democratic and economic development model, China has made much greater progress. China does not need to negate its own political and economic model. In the end, China will laugh at its competition with the West.

The article criticized the Western democratic and economic model: the “Arab Spring” does not represent the world trend. Since those countries are trapped in turmoil, the “Arab Spring” will become the “Arab Winter.” Taiwan’s fairly peaceful presidential election is nothing, since Taiwan’s economy relies on the mainland. The Greek debt crisis and the U.S. financial crisis are a reflection of the fact that the Western model is going south.

The article claimed that, if China just continues on its current path and utilizes the opportunity to develop itself, its GDP will surpass that of the U.S in ten years. By then, the West will have no choice but to acknowledge the success of China’s political system and the China Model.

Source: Qiushi, April 16, 2012
http://www.qstheory.cn/wz/cmyl/201204/t20120416_151381.htm

Nanfang Weekend published an article on China’s cultural integration. The article suggested that cultural integration needs flagship cultural products, or cultural aircraft carriers, to provide a major cultural influence to the world. The article argued that, though cultures in different countries are very diverse around the world, their underlining human civilizations are based on a common value system that the whole world shares. China should grasp that value system and develop its culture products in line with that value system in order to become a cultural “super power.”

[Ed: As China’s major state media continually deny that there are “universal values,” it is interesting to note that this article subtly hints that Western countries’ “universal values” are closer to the common value system of the world. The article pointed out, “(China’s) emphasis on the ‘Chinese characteristic’ and ‘China’s special situation’ is more focused on ‘individualism’ than on ‘commonality’ (of the world’s common value system).”]

Source: Nanfang Weekend Online, Jan 20, 2012
http://www.infzm.com/content/67963

Economic Information recently interviewed Wang Guogang, the Dean of the Institute of Finance and Banking at the Chinese Academy of Social Science (CASS). During the interview Wang explained, “For a long time, (China) has mainly used the administrative mechanism to regulate the market and has become an expert in using the administrative mechanism, but the end result is that (China’s economy) has been drifting further and further away from a market economy.”

In early January, China’s National Conference on Financial Work called for pushing forward on reform of the market-controlled interest rate or a more complicated interest rate establishment mechanism. Wang believes that reducing and weakening administrative factors, such as the government’s control of policy, is a pre-condition, which cannot be circumvented, for these reforms to occur.

Wang stated that the bottom line for the government’s regulatory body is not to let any financial institute go bankrupt. He asked, “In this way, how can we weed out the weak ones? Where’s the competition? Where’s the innovation? Where’s the development?” Wang also pointed out that currently both the government and the public keep their foreign currency as a reserve. Wang advocated that the government should open channels to export capital overseas in the form of financial loans or manufacturing funds, to form an RMB exchange market.

Source: CASS website, January 19, 2012
http://ifb.cass.cn/show_news.asp?id=44509