Translation Category: Economics
In this 1989 interview Xi Jinping gave on economic development during his tenure as Party Secretary of Ningde (in the interview referred to as Mindong), Xi argues that “whether the Party and government organs are kept clear or not is related to the survival of the Party,” the “support of people’s hearts,” and the “fate of the socialist economy.”
Two executives and Party committee leaders at State Grid Corporation of China, the country’s largest state-owned electricity utility company, discuss the interplay between business considerations and national policy goals in international investment decisions.
An unnamed researcher at the National Development and Reform Commission’s Academy of Macroeconomic Research lays out six areas where China must find “key breakthroughs” to become a high-income country. In addition to domestic reforms, the author calls for the creation of an international environment “conducive to crossing over the middle-income stage.”
How can China overcome the middle-income trap? In this 2016 speech, Yao Yang, Dean of the National School of Development of Peking University, identifies what he sees as critical ingredients for avoiding this trap, and argues China should understand these as it aims to become a “high-income country by the centennial of the country’s founding.” He also seeks to dispel what he sees as several widely-held misunderstandings about China’s economic growth challenges.
In response to economic uncertainty and instability in China brought on by the COVID-19 pandemic and the Ukraine crisis, this State Council Notice outlines several measures aimed at stabilizing the economy, including adjustments to fiscal and monetary policies, as well as directives to secure supply chains and energy supplies. Notices such as these are promulgated to all levels of government throughout the country as policy directives.
This article, published by a Sinopec-affiliated journal, a Party official calls for China to promote a “Petro-RMB” and the construction of a “new order of global energy governance.”
Summary of a lecture given by a Tsinghua University economist in which he urges Beijing to adopt measures to break free from “international technology containment.” Among other measures, Ju Jiandong suggests “Chinese technology must have at least a 30% share of the Chinese market,” to support the development of domestic technologies. In his view, failing to achieve what he terms “industrial upgrading” could lead to the future stagnation of the Chinese economy.
This Xi Jinping speech from the December 2021 Central Economic Work Conference, published in the May 2022 edition of China’s leading theoretical journal Qiushi, discusses major issues in China’s future development path and signals a renewed emphasis on common prosperity and stricter regulation of capital.
Known as “Document No. 1,” the first official policy document issued in the new year traditionally focuses on rural issues. This year, the document stresses food security and rural development.
One of China’s senior-most industry and technology regulators summarizes China’s progress in technological advancement since the 18th Party Congress in 2012.