Translation Tag: manufacturing
The CCP Politburo holds “study sessions” on a semi-regular basis, in which an outside academic or government expert leads a discussion on a selected topic. Such sessions are important signals as to what issues the senior leadership finds important. The second study session of the 20th Central Committee Politburo was held on January 31, 2023, and was presided over by Xi Jinping. The session focused on themes related to China’s economic development, such as dual circulation, economic security and self-reliance, and rural-urban divides.
A former official at the China Securities Regulatory Commission encourages China to develop its own financial model in order to avoid the pitfalls of the U.S. model. He argues against excessive financialization, in order to avoid harming the development of the real economy.