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Briefings - 401. page

China-Russian Regional Cooperation Fund

The China-Russia Investment Forum held a meeting on September 15. Wang Feng, chairman of the China-Russia Regional Cooperation and Development Investment Fund, said at the meeting that the Fund has the potential for 100 some major projects including infrastructure and nuclear technology.

The total scale of the Fund is expected to be 100 billion yuan (US$ 14.6 billion), with a first phase of 10 billion yuan (US$ 1.5 billion).

The focus of the investments will be infrastructure, nuclear technology, the modern service industry, natural resources, clean energy, and agriculture.

The fund set up a policy steering committee which is composed of representatives from the National Development and Reform Commission, the Ministry of Foreign Affairs, the Ministry of Commerce, and the Central Bank. It provides macro guidance on fund investment operations, makes recommendations on key areas of fund investment, and coordinates and resolves major issues.

The initiative to establish the fund was part of the proposals made in the July 2017 Joint Statement between China and Russia on Further Deepening the China-Russia Comprehensive Strategic Partnership of Coordination, as well as an explicit requirement of the joint communique of the 22nd China-Russia Prime Ministers’ Regular Meeting in November 2017. It is included in the list of results of the “Belt and Road” International Cooperation Summit Forum in May 2017.

In June 2018, the National Development and Reform Commission of China approved the establishment of the fund. Led by the China National Power Investment Group Co., the China National Nuclear Industry Group Co. and the China Overseas Development Association were among the founding sponsors. On August 21, 2018, the Fund’s General Partnership Company and the Fund Management Co., Ltd. were formally incorporated in Shenzhen. The investors in the fund in the first phase included more than 10 organizations, including state banks, state-owned enterprises, financial institutions, and local governments.

Source: Sputnik News, September 15, 2018
http://sputniknews.cn/economics/201809151026361106/

Chinese Communist Party to Enlarge its Footprint in the Internet Industry

On September 10, in Guangzhou, the Chinese Communist Party committee on the Internet industry held its launching ceremony and its inaugural meeting. Wang Shitong, a Standing Committee member of the CCP Guangzhou Municipal Committee and head of its Organization Department, proposed that, “It is necessary to shoulder political responsibilities effectively in order to strengthen the Party’s buildup in the Internet industry.”

According to Chinese media, as of the end of July, Guangzhou’s Internet companies had seen the development of 169 CCP organizations, covering 436 companies, of which 83 were newly established this year, an increase of 96.5 percent over the same period last year.

In addition, Guangzhou’s Internet sector has a total of 7,358 members of the Communist Party, including 3,267 members who are new to the party as of this year, a significant increase of 79.9 percent over the same period last year.

Party committees of the Chinese Communist Party have been installed in a few big name companies such as NetEase, iFlytek, UCWeb and Jingdong.

Source: Central News Agency, September 11, 2018
http://www.cna.com.tw/news/acn/201809110109-1.aspx

China’s New History Textbook: Mao’s Cultural Revolution No Longer a Mistake

In the new edition of eighth grade Chinese history textbooks that the government owned People’s Education Press published, the word “erroneously” disappeared from the description of the 1966 – 1976 Great Cultural Revolution that Mao Zedong launched.

Chinese netizens were the first who exposed the particular revision in the new textbook. In the old edition, the relevant part read: “In the 1960s, Mao Zedong erroneously believed that there was Revisionism in the party’s Central Committee and that the party and the country were facing the danger of capitalist restoration. In order to prevent the restoration of capitalism, he decided to launch the ‘Cultural Revolution.’”

In the new textbook, the wording became: “In the mid-1960s, Mao Zedong believed that the party and the country were facing the danger of capitalist restoration. To this end, he emphasized ‘taking class struggle as the key’ and trying to prevent it by launching the ‘Cultural Revolution.’ In the summer of 1966, the ‘Cultural Revolution’ was in full play.”

Comparison of the two versions shows that the word “erroneously” was removed from the new version. Some Chinese netizens commented that “In the late 2010s, Mao Zedong became a great leader who made no mistakes.”

In August 1980, when Italian journalist Oriana Fallaci interviewed Deng Xiaoping, Deng said, “Unfortunately, in the last part of his life, he (Mao) committed mistakes, particularly the Cultural Revolution mistake. As a result many misfortunes were brought upon the party, the country, and the people.”

When Fallaci asked whether the portrait of Mao will remain at the entrance of the Forbidden City, Deng answered, “Yes, it will certainly be kept forever.”

Source: Central News Agency, September 10, 2018
http://www.cna.com.tw/news/acn/201809100256-1.aspx

Huawei Faked Performance Data for Multiple Phone Models

Chinese technology news site Leiphone recently reported that well-known U.S. technology monitor Anandtech discovered that Huawei crafted cheating logic in its smartphone models that faked “high performance” behavior when it detects performance benchmarking software is running. UL Benchmark, the company behind widely-used benchmarking software 3DMark, delisted multiple Huawei smartphones with “suspect benchmark scores.” These include Huawei’s P20 Pro, Nova 3, and its Honor Play. Huawei’s head of software division admitted a “different experience” between benchmarking and real user experience. However, he emphasized that other companies did the same thing as well. Huawei has been caught creating false advertising many times before. For example, not long ago, it was found using photos taken with professional cameras in smartphone commercial videos. In the second quarter of this year, Huawei surpassed Apple to become world’s second largest smartphone vendor (in terms of units sold), after Samsung.

Source: Leiphone News, September 7, 2018
https://www.leiphone.com/news/201809/oTsZ6V11b3oP0ae6.html

Beijing News: Half a Trillion Spent on Urban Railways in 2017; Four Cities Break Even; 30 Run at a Loss

Beijing News recently reported that, according to a report that the Chinese Urban Rail Transit Association just released, China spent RMB half a trillion (around US$73.2 billion) in 2017 alone to build urban rail transit systems. By the end of 2017, a total of 34 cities completed their systems, with an operational railway length of 5,033 kilometers. At the same time, there are another 56 city systems still under construction, with a planned total length of 6,246 kilometers. With the massive expansion of urban rail projects, more and more issues and risks have started to occur and the government has called off some projects. These city rail transit systems imposed a major burden on the local budget of the cities. At the same time, the systems are largely under-utilized. Among the completed 34 rail transit systems, only Beijing, Guangzhou, Shenzhen and Wuhan broke even financially. All of the other 30 cities run their systems at a loss.

Source: Beijing News, September 6, 2018
http://www.bjnews.com.cn/graphic/2018/09/06/503553.html

China to Build a Red Online Army of Commentators

The senior officials in the judicial circle of the Chinese Communist Party held a meeting on September 4th, mapping out a work plan related to the Internet and new media. Chen Yixin, Secretary-General of the Central Political and Legal Affairs Commission, encouraged all personnel in the profession to open their online media accounts, in a sense to build an army of online commentators.

The meeting reportedly encouraged legal professionals and police officers to use new media to set the agenda for public discussion, create hot topics, and become effective online communicators. Chen talked about the transformation of the media and asked if he could be the first responder and agenda setter when a major event breaks out. Chen added that judicial personnel have the additional responsibility of using the pen and “are proactively sharing the burden for the Party.”

The “50 Cent Party” was also part of the discussion at the meeting. The 50 Cent Party, or 50 Cent Army (Chinese: 五毛党), is the colloquial term for Internet commentators who Chinese authorities have hired in an attempt to manipulate public opinion to the benefit of the Chinese Communist Party. Pointing out that the 50 Cent Party is low in quantity, poor in quality, and poorly organized, the meeting asked for a transition toward a “powerful red online army.” To this end, it is necessary to “discover and gather a group of talented original writers with positive energy.” The compensation for the 50 Cent Party was also put on the table. The meeting acknowledged that “not enough attention and support” has been provided to them in the past. Therefore, it was proposed to “explore the incentive mechanism and build a talented team.”

The meeting proposed to foster a group of WeChat public accounts of millions of followers, Weibo accounts of tens of millions of followers, and a web platform with millions of subscribers.

After the meeting, Chinese judicial and legal authorities may require all personnel to open online media accounts. If other professions follow suit, China will see a humongous size of government backed online red army commentators.

Source: Central News Agency, September 7, 2018
http://www.cna.com.tw/news/acn/201809070270-1.aspx

ABC News Chinese: China Blocked ABC News but Still Claims “Openness”

The Australian Broadcasting Corporation (ABC) News Chinese Edition recently reported that China has blocked its website since the day after Australia banned Huawei and ZTE from participating in the national 5G communications infrastructure initiative. In the past Chinese readers could freely access ABC NewsChinese Edition via its website and mobile app without blockage from China’s “Great Firewall.” Under high pressure, the Chinese government explained that China’s internet is always “sufficiently open.” However, “some foreign websites” may be banned if the content violates Chinese laws, such as distributing information promoting pornography, gambling, and activities threatening Chinese national security. There was no example of any content in ABC News that met such criteria. In the meantime, other Australian news websites are still accessible from within China. ABC News English Edition is occasionally available in China. ABC News is a public broadcasting organization established under the Australian Broadcasting Corporation Act of 1983.

Source: ABC News Chinese, September 3, 2018
http://www.abc.net.au/chinese/2018-09-03/china-censors-abc-websites-in-china/10194504

Deutsche Welle: The Number of Death Penalty Executions in the World Is Decreasing. China Still Tops the List.

Deutsche Welle reported that, according to Amnesty International’s 2017 annual report on the death penalty around the world, over two-thirds of the countries, or 142 countries, have abolished the death penalty or stopped the practice. Guinea and Mongolia are the latest two countries that have abandoned the death penalty. However there are 23 countries that still carry out the death sentence. China is the country that has the highest rate of death executions in the world. In 2017, 23 countries carried out 993 death sentences, down four percent from 2016 and down 39 percent from 2015. This number does not include China. Amnesty International believes that the death sentence in China was in the thousands but the real number remains a “state secret.”

Source: Deutsche Welle, September 7, 2018
https://p.dw.com/p/34Sla