On July 9, the International Liaison Department of the Chinese Communist Party Central Committee and the Great Man Wax Museum of China jointly organized a ceremony in Beijing in order to "present a wax statue of Comrade Kim Jong Il" to the Korean people. The North Korean delegation traveled to Beijing to receive Kim Jong Il’s wax statue. Zhang Murray, the president of the Great Man Wax Museum of China, delivered a speech at the ceremony.
Scholar: Challenges to China’s Economic and Social Transformation
On July 8, 2013, Chi Fulin, President of the China Institute for Reform and Development in Hainan Province wrote a commentary for China Business News entitled, “The Challenges and Trends in China’s Economic and Social Transformation.”
Chi stated that it was his understanding that the new Chinese government has established the goal of doubling China’s per capita GDP and per capita income by 2020. “Currently, both the international environment and the China’s domestic economic and social transformation are right in the middle of complicated, profound changes. Three key elements will determine whether or not China can achieve this goal. The first is whether China can objectively handle the challenges it faces; second is whether China can seize the opportunities available to it; and third, the key is whether China is able to speed up transformation and reform.”
Chi identified three challenges to social transformation: (1) the gap between rich and poor is quite conspicuous; (2) the social structure is irrational. So far, according to the National Bureau of Statistics, China’s middle-income groups account for about 23 percent [of the population]; and (3) as a result, social conflicts and social risks continue to increase.”
Source: China Business News reprinted by Finance (Jingrongjie), July 8, 2013
http://opinion.jrj.com.cn/2013/07/08072415493871.shtml
China Review News: How to Avoid Indigestion of the State Council’s Financial Guidance
On July 9, 2013, China Review News published an article discussing how to ensure the actual application of “The State Council’s Guide on the Financial Support for Economic Restructuring, Transformation, and Upgrading.” According to the article, in order to avoid “indigestion" when implementing "this good policy," relevant government agencies must develop concrete operational measures and approaches for implementating the “guide.” Meanwhile, they should establish strict reward and punishment measures to ensure the implementation of the “State’s 10 Policies” (the 10 items listed in the guide).
Source: China Review News, July 9, 2013
http://www.zhgpl.com/doc/1026/1/9/7/102619738.html?coluid=53&kindid=0&docid=102619738&mdate=0709063526
PRC State Council Encourages More Private Capital to Enter China’s Financial Sectors
On July 5, 2013, the website of the Central People’s Government of the People’s Republic of China released a document titled, “The State Council’s Guide on Financial Support for Economic Restructuring, Transformation, and Upgrading.” The document lists ten items designed to help guide the “effective prevention and dissolution of financial risks” in China. In the ninth item of the guide, the State Council gives a green light to the establishment of private banks funded by private capital under the leadership of the China Banking Regulatory Commission. However, private banks or other private financial institutions must face their own risks.
Source:
The website of the Central People’s Government of the People’s Republic of China & Xinhua, July 5, 2013
http://www.gov.cn/zwgk/2013-07/05/content_2440894.htm
http://news.xinhuanet.com/fortune/2013-07/05/c_124964540.htm
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Officer from Suzhou Petition Office: The Police Have a Duty to Beat People up
According to VOA, an officer from the Suzhou Petition Office made some shocking remarks while being videotaped. The video then spread widely over the Internet, causing many heated discussions. A local businessman from the city of Suzhou encountered resistance when he went to the Petition Office to file a complaint against a land developer. During the argument, an officer from the Petition Office shouted, “If the policeman does not beat people up, then why do we have policemen?” One writer responded with an online post saying, “The official made a true statement. This has been on people’s minds, but no one has dared to speak up.” Another post commented, “This officer’s mentality is scary, but at least it was a true statement. It contains much more powerful information than the national news program that CCTV aired just 30 minutes ago.”
VOA called the Suzhou Petition Office to interview the officer, but the office declined the request. The office stated that they could not validate the legitimacy of the reporter’s status.
In interviews with VOA on this topic, people told VOA that many local legal departments have become thoroughly corrupt. Jiang Tianyong, a rights lawyer, told VOA that the official’s remarks reflect the reality in China, making the issue a social tragedy. Hu Xingdou, a China expert from the Beijing Institute of Technology, stated that the police force has a poor public image and has become a thug for the government.
Source: VOA, July 2, 2013
http://www.voachinese.com/content/suzhou-video-clip-20130702/1693378.html