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Qiushi: Press Reform to Follow the Socialist Path

In an article in Qiushi magazine on December 1, 2010, Liu Binjie, the Minister of the General Administration of Press and Publications, stated that reform of the press will firmly follow the socialist path and increase the ability of the press to spread Marxism. Liu stated that there were 357,000 press and publication enterprises in China, 90.8% of which were not State-owned.

To speed up development, Liu wrote, “[We] should unswervingly deepen the reform of the institutional mechanisms of Press and Publications.” Specifically, “we should … firmly stay on track in the direction of socialist advanced culture, … to provide the ideological guarantee, motivation, and support of public opinion in order to open minds, achieve reform, scientific development, and social harmony. … [We] should increase our capacity to spread the theoretical achievements of Marxism. … [We] should capture domestic and international markets by using products integrated with advanced content and advanced technology”

Source: Qiushi, December 1, 2010
http://www.qstheory.cn/zxdk/2010/201023/201011/t20101126_57759.htm

Xinhua: New Regulation System for Auditing Senior Officials to be Expanded

The General Office of the Central Committee of the Communist Party of China and the State Council issued a new regulation that expands the current audit system. Provincial level officials, ministers, and leaders of public institutions and State-owned enterprises will be subject to audit. During the audit of provincial governors and ministers, how they implement economic policies, and their handling of income and expenses, funding, and program management will all be examined. The outcome of the audit will be kept in the official’s file to allow for personnel actions such as performance assessments, promotions, or removal. Officials from the Party’s local disciplinary commissions and other departments will carry out the audits.

Source: Xinhua, December 8, 2010
http://news.xinhuanet.com/politics/2010-12/08/c_12860568_5.htm

China Daily Expands in Asia

On December 10, 2010, China Daily, the state’s English-language daily, launched its Asian edition in Hong Kong. With circulation in Hong Kong, Indonesia, Thailand, Singapore and Japan, the publication seeks “primarily to serve Asian political leaders, experts and scholars, business leaders and other high-end readers. … In addition to information about China, the publication will also provide China’s perspectives, analyses, and editorials on issues concerning Asia, and will interpret the interactions between China and other Asian countries.”

Source: Xinhua, December 10, 2010
http://news.xinhuanet.com/2010-12/10/c_12868405.htm

Xinhua: No Large Interest Rate Hike

Xinhua quoted several government researchers, stating that China would not increase interest rates to counter inflationary pressure, since doing so would most likely attract international “hot money” to China and hurt China’s economy. Instead, China will rely on lending controls, such as increasing the ratio of lenders’ cash reserve requirements. On December 10, the Bank of China increased the reserve requirement ratio by another 50 basis points, which is the third increase in one month and the sixth in 2010.

In November, China’s CPI increased 5.1% over the same month in 2009. The CPI for food increased 11.7% over the same period last year. Since the global financial crisis began, China has added 17 trillion yuan (U.S. $2.6 trillion) in new loans and the supply of renminbi has reached 70 trillion yuan (U.S. $10.6 trillion).

Source: Xinhua, December 14, 2010
http://news.xinhuanet.com/fortune/2010-12/14/c_12879617_3.htm

People’s Daily on Developing the Culture Industry

On December 10, 2010. People’s Daily published an article discussing the development of the culture industry in China. The article stated that the government’s planning for the culture industry and its policies has played an important role in the rapid development of the culture industry. During the 11th Five Year economic development cycle, provinces invested 2.5 billion yuan (US $400 million) in developing the culture industry. The government also worked with several top universities, including Shanghai Jiao Tong University, Beijing University, and Tsinghua University, to establish culture industry research centers. A major tenet on the theory side was that the state-owned culture business and the market-based culture industry should co-exist and be the “two wheels” that propel cultural development.

Source: People’s Daily Online, December 10, 2010
http://culture.people.com.cn/GB/13443697.html

Jia Qinglin Sets Next Year’s Direction for United Front Work

The National United Front Work Directors’ Conference was held in Beijing on December 14, 2010. Jia Qinglin, a member of the Standing Committee of the CCP’s Politburo gave a speech. Jia discussed using United Front work to support economic development. In addition, he stressed several directions for the next year:

1. “Religious issues are important for the Party when ruling the country. (We) must strengthen our research, get a clear understanding (of religious practices and their reach in China), … create new theory, and improve the legal system to develop our Party’s religious work.”

2. “Developing a non-CCP team is the foundation for the United Front works’ long-term work. … (We) should have a plan and focus on developing a group of non-CCP representatives.”

3.  Supporting the CCP’s 90th anniversary will be a major initiative for United Front work in 2011. “(We should) show that there is a collaborative effort between the CCP and other parties to strengthen people’s confidence in the Chinese political system under the CCP’s leadership.”

Source: Xinhua, December 14, 2010
http://news.xinhuanet.com/politics/2010-12/14/c_12879430.htm

Xinhua: Over 100 Countries and Organizations Sided with China on Nobel Peace Prize

Xinhua reported that, on December 7, 2010, Chinese Foreign Ministry Spokesman Jiang Yu told reporters that more than one hundred countries and international organizations around the globe sided with China against the Nobel Committee’s decision on the Peace Prize this year. Jiang suggested that the number provided ample proof that the majority of the international community refused to accept the “wrong decision.” He called the Peace Prize winner a “criminal” and suggested that the Chinese people are strongly against the decision as well.

Source: Xinhua, December 7, 2010
http://news.xinhuanet.com/2010-12/07/c_12856884.htm

CNS: China Considers High Speed Railway a Strategic Industry

China News Service (CNS) reported that Deputy Prime Minister Zhang Dejiang, who is also a member of the Politburo of the CCP Central Committee, recently spoke at the opening ceremony of the World High Speed Railway Conference, saying that China considers the high speed railway industry a strategic emerging industry. The government is giving this industry a high priority. In his speech, Zhang positioned safety as the top focus. He also emphasized “independent innovation” and developing China-owned intellectual property. Zhang called for action on the “Go Out” strategy in this industry as well. This is the first time that the three-day World High Speed Railway Conference was held outside of Europe. The Conference was hosted jointly by the Chinese Ministry of Railways and the International Union of Railways (UIC, Union Internationale des Chemins de Fer).

Source: China News Service, December 8, 2010
http://www.chinanews.com.cn/cj/2010/12-08/2706780.shtml