People’s Daily’s Huanqiu (Global Times) published an article discussing how China should respond to Japanese lawmakers visits to the Yasukuni Shrine [a shrine commemorating Japan’s war dead, some of whom fought against China]. Below is an excerpt from the article:
Xi Jinping: The Party’s Ideological Work is an Extremely Important Job
At a nationwide meeting held in Beijing on August 19 and 20, the Chinese Communist Party’s Chairman Xi Jinping gave a speech on propaganda and ideological work. Xi emphasized that economic development is the central task of the Party, while the Party’s ideological work is an extremely important job.
Xi pointed out that propaganda and ideological work are to consolidate the guiding position of Marxism in the ideological field and to consolidate the common ideological foundation for the whole Party and the people of the nation. Party members and cadres should strengthen their belief in Marxism and Communism. Leading officials, especially senior officials, should systematically master the basic theory of Marxism, should honestly and thoroughly study Marxism, Leninism, Mao Zedong Thought, Deng Xiaoping Theory, the "Three Represents" important thoughts, and the Scientific Concept of Development. All Party schools and academies, institutes of social sciences, and universities should have Marxism as a required course and become important forefronts of Marxist study, research, and propaganda. In particular, new and young cadres should do a good job in their theoretical studies and stand firm in their ideals and faith.
Xi asked for in-depth propaganda and education in socialism with Chinese characteristics so as to hold people of all ethnic groups in the nation in unity and cohesion under the great banner of socialism with Chinese characteristics.
Xi stressed that to be a true Party member is to adhere to the correct political orientation, hold a firm political viewpoint, firmly propagandize the Party’s theories, path, guidelines and policies, propagandize the Party’s deployment of major tasks, propagandize the Party’s important analyses and judgments on the current situation, resolutely maintain a high degree of uniformity with the Central Committee, and resolutely safeguard the authority of the Central Committee. All the propaganda and ideological units and all the Party members and cadres in the propaganda and ideological fronts should be clear in their adherence to the Party’s principles.
Source: Xinhua, August 20, 2013
http://news.xinhuanet.com/2013-08/20/c_117021464.htm
Online Poll Shows People Want Checks and Balances and the Right to Criticize the Government
Since 2012, Professor Ma Deyong of Nan Kai University in Tianjin has been conducting a poll on the Internet. The results showed that 6.2 percent of Chinese netizens are leftists, 38.7 percent are rightists and 55.1 percent occupy the middle ground. The poll also showed that the Internet has become a major force in leading public opinion and is a platform where people can express their own thoughts.
Masanjia Labor Camp
Only One Quarter of Wealthy Chinese Are Very Confident in China’s Economy
On August 8, 2013, the World Journal published an article titled, “One Third of Chinese Millionaires Have Overseas Assets.” The article was based on The GroupM Knowledge – Hurun Wealth Report 2013. The report showed that only one quarter of China’s millionaires are very confident about the country’s economy in the coming two years, a decline of 3 percent from the previous year and one-half that from the year before. One-third of wealthy Chinese have overseas assets. This accounts for an average of 19 percent of their total assets. Nearly 30 percent of the Chinese millionaires who do not have overseas assets plan to make overseas investments in the next 3 years.
Since last year, over 80 percent of millionaires have planned to have their child educated outside of China. The major choices for foreign education are the US, the UK, and Canada. The main destinations for study abroad are also popular locations for them to purchase overseas residential properties. According to the "2013 Report on Private Wealth in China" jointly issued in May of 2013 by China Merchants Bank and Bain & Company – Management Consulting Firm, since 2010, about 60 percent of those respondents who have investable assets of more than 10 million yuan (US$1.63 million) have been considering or have already completed investment immigration.
Source: World Journal, August 8, 2013
http://www.worldjournal.com/view/full_news/23395704/article-%E4%B8%AD%E5%9C%8B%E5%AF%8C%E8%B1%AA1-3%E6%93%81%E6%B5%B7%E5%A4%96%E8%B3%87%E7%94%A2?instance=m1b
The Increase in Financial Black Holes in Jiangsu Province
On August 21, 2013, 21cbh.com, a professional financial news website under the 21st Century Media Group in Guangdong Province, published an article on the increasing financial black holes in Jiangsu Province. Over 10 heads of bank branches have been removed from their positions or held legally responsibile for financial black holes in the steel trading market. From January to June 2013, the number of bad loans in Jiangsu Province increased by 18.2 billion yuan (US$2.97 billion). By the first half of 2013, the total bad loans belonging to the steel trading market in Jiangsu Province were 21.3 billion yuan (US.3.48 billion), among which, the nonperforming loan (NPL) ratio was 42.3 percent, 23.3 percent higher than it was at the beginning of this year. It is expected that the number of new bad loans will continue to increase.
To effectively resolve the steel trade market’s credit risk, the Jiangsu government recently proposed to repackage bad loans for State-owned enterprises to take over. Some financial professionals have concerns that such repackaging process may change these debts in the financial markets into the taxpayers’ responsibility.
Source: 21cbh.com, August 21, 2013
http://www.21cbh.com/2013/8-21/yONTg5Xzc0NjIyOA.html
The CCP’s File No. 9 Circular Labels Promoting Democratic Ideologies as Seven Reactionary Trends
On August 21, 2013, Hong Kong Apple Daily published an article on the Chinese Communist Party’s “File No. 9” titled, “Circular on the Current Ideological Situation.” The circular, authorized by the CCP’s General Secretary Xi Jingping, labels seven democratic ideological trends. Although popular in China recently, they are called reactionary trends; the circular warns CCP officials that they will lose their power if they cannot eliminate these seven reactionary trends from Chinese society. According to the circular, “Those who oppose the CCP’s one-party rule make trouble, call for publicizing officials’ assets and property holdings, take advantage of the Internet to oppose corruption, media control, and other sensitive problems so as to incite discontent about the Party and the government.”
Below are the seven reactionary trends cited by the CCP:
- Promoting Western Constitutional Democracy and thus denying the CCP’s leadership and the socialist system.
- Promoting universal values and thus shaking the theoretical foundation of the CCP’s rule.
- Promoting civil society and thus disrupting the social foundation of the CCP’s rule.
- Promoting neo-liberalism and thus changing China’s economic system.
- Promoting Western journalism [freedom of the press] and thus challenging the CCP’s media management system.
- Disseminating historical nihilism and thus negating the history of the CCP and New China.
- Questioning China’s reform and opening up is to question the nature of Chinese socialism.
Source: Hong Kong Apple Daily, August 21, 2013
http://hk.apple.nextmedia.com/international/art/20130821/18387627