Original Source: Study Times
A journal published by the Central Party School, focusing on authoritative analysis of Party directives and major theoretical and practical issues for cadres.
Qu Qingshan, one of China’s top Party theorists, argues that developing and modernizing the financial system is an integral component in the pursuit of modernization and “rejuvenation of the Chinese nation.” He emphasizes that for China to be a strong player in the global financial system, several structural risks in the domestic finance industry must be addressed. This piece appears in one of the leading Party newspapers and echoes Xi Jinping’s recent emphasis on strengthening the financial system, signaling policy priorities.
Xiang Haoyu, a research fellow at a prominent Chinese think tank, presents a typology of China’s diplomatic partnerships – which range from “strategic” partnerships (the most common type, held with at least 80 countries) to “all-weather” or “permanent” partnerships, describing very close ties with countries such as Pakistan, Venezuela, and Belarus. Xiang contrasts Beijing’s pursuit of partnerships to the “zero-sum” alliance network of the West, and suggests partnerships are a powerful diplomatic tool for Beijing that can be flexibly adapted to the counterpart country’s conditions and needs.
Originally published in a leading journal of political ideology and reposted on the website of the state’s commission for overseeing state-owned enterprises (SOEs), the prior governor of two provinces and current head of that same SOE commission provides interpretation of a formal Central Committee Decision that provides guidance about how reforms of SOEs should be enacted based on factors such as state vs mixed ownership, assets vs enterprises, and the domestic vs international market.
The article signals Xi’s intent to pursue legal reforms that legitimate as well as help the CCP leverage China’s legal system as a tool for achieving its political agenda. This includes not only for ensuring domestic stability and CCP authority but also as a viable, if not superior, alternative to the Western legal system.