Study Times: China Should Create State Enterprises
Study Times republished an article from Beijing Youth Daily arguing that China should create a number of state enterprises. According to the author, state enterprises are different from State-Owned Enterprises (SOEs). The latter are companies that the government owns, but state enterprises are companies, whether private or state-owned, that are a symbol of the country or that represent its country in certain industries.
For example, Samsung is the state enterprise of South Korea, Daimler AG is of Germany, and Apple and Google are of the U.S. The author suggested that Huawei (an IT industry) and the newly formed CRRC Corp. (in the railway industry) are the two best candidates to become state enterprises of China, as they are both strongly competitive in their fields. Huawei also needs the government’s backing to compete in the international market and to deal with other governments.
As a result of their monopoly positions, many large SOEs, such as those in the oil, electricity, and banking industries, have substantial revenues and a large market share in China. However, they do not have the ability to compete in global markets, and thus cannot become state enterprises in a real sense.
Source: Study Times, January 19, 2015
http://www.studytimes.cn/shtml/xxsb/20150119/9154.shtml
Military Parade on the 70th Anniversary of Anti-Fascist War Shows the Knife to Corrupt Officials
On Sep 3, 2015, China will hold a military parade to observe the 70th anniversary of the Anti-Fascist War. It is the first military parade to be staged other than on China’s National Day (October 1) and the first since President Xi Jinping took office in 2012. It is the first time that China will invite foreign leaders to attend a grand military parade; Russian President Vladimir Putin is expected to attend.
On January 27, 2015, China Review News published an article analyzing the political considerations behind the decision to hold such a grand parade as it breaks the convention of having a big military parade every 10 years on National Day. According to the article, there are four purposes in holding this parade. First, it displays China’s military might; second, it deters Japan; third, it enhances the Chinese people’s sense of pride and confidence by showing off the Chinese army’s morale and armaments; finally, it tells corrupt officials that the army, which is “the handle of a knife,” in addition to two other “handles of knives,” which are the Chinese Communist Party’s disciplinary inspections system and its political and legal system, is in the hands of the Party and the people.
On January 20, 2015, when Xi spoke to the Political and Legal Affairs Committee meeting, he said, “Nurture a legal corps loyal to the party, loyal to the country, loyal to the people, and loyal to the law. Ensure that the handle of the knife is firmly in the hands of the Party and the people.”
Source: China Review News, January 27, 2015
http://hk.crntt.com/doc/1035/9/2/9/103592959.html?coluid=4&kindid=18&docid=103592959&mdate=0127100910
Global Times: Products Sold Online Suffered Low Genuine Rate
Xinhua: Politburo Passed the National Security Strategy Outline
BBC Chinese: China Blocks VPN and Proxy Providers
China’s Capital Outflow Exceeds Inflow for the First Time
Xinhua: National Food Security and Permanent Farmland
On January 23, 2015, Xinhua reported that one of the priorities of the State Council for 2015 is to designate permanent farmland.