Home News Li Keqiang continues to meet to talk about “economic downward pressure” and does not forget to praise Xi | Xi Jinping | Chinese Economy

Li Keqiang continues to meet to talk about “economic downward pressure” and does not forget to praise Xi | Xi Jinping | Chinese Economy

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[Epoch Times November 23, 2021](Epoch Times reporter Ning Haizhong reported) The Chinese Communist Party Premier Li Keqiang has held continuous symposiums since November to mention the downward pressure on China’s economy. Li Keqiang did not forget to bring Xi Jinping’s loyal Mandarin to the meeting, which attracted people’s attention.

The Chinese Communist Party’s official media reported that on November 22, in response to new downward pressure on the Chinese economy, Li Keqiang convened a meeting of local officials in Shanghai.

Li Keqiang admitted that the new downward pressure on China’s economy must strengthen the so-called “six stability” and “six guarantees,” especially “guaranteeing employment, protecting people’s livelihood, and protecting market players.”

Prior to this, Li Keqiang hosted a symposium of economic situation experts and entrepreneurs in Beijing on November 18, and said that China’s economy is experiencing new downward pressure and that the smooth operation of the economy faces many challenges. Therefore, we must do a good job in cross-cycle adjustments and promote the economy to “climb the slope and overcome the hurdles.”

On November 1, Li Keqiang also stated at the “Working Forum on the Development and Growth of Market Entities” that the current economy is facing new downward pressure.

According to data released by the Statistics Bureau of the Communist Party of China, China’s economy grew by 18.3% year-on-year in the first quarter of this year, fell to 7.9% in the second quarter, and grew by only 4.9% in the third quarter.

According to an Anbang think tank research report, the consumption downturn is the biggest shortcoming of China’s economy in the past two years. The impact of the epidemic, the deteriorating economic environment, increased employment pressure, and lower income growth expectations, many internal and external factors are still weakening China’s domestic consumption momentum. This situation may not substantially improve next year.

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It is worth noting that the official media reported that at the symposium on the 1st, 18th, or 22nd, Li Keqiang emphasized the “strong leadership of the Party Central Committee” with Xi Jinping at the core and insisted on the guidance of Xi Jinping’s thought.

For a long time, Xi Li’s different tunes and Xi Li’s fight have attracted much attention. For example, when Xi Jinping is pushing hard for poverty alleviation and realizing a well-off society in an all-round way, Li Keqiang publicly stated at the press conference of the two sessions in May 2020 that China’s 600 million people earn only 1,000 yuan a month. , It may be difficult to rent a house. And affected by the epidemic, some people may return to poverty, and the task of getting rid of poverty is even heavier.

The Wall Street Journal disclosed on October 26 that during the November of this year, the top CCP convened an emergency meeting, and Xi Jinping pointed the blame for the energy crisis at Li Keqiang’s three-year energy policy.

Over the years, Li Keqiang has been emphasizing the reduction of production costs for enterprises, saying that allowing electricity prices to rise too quickly will have social consequences. He even demanded that electricity prices be reduced by 10% each year in 2018 and 2019, and by 5% in 2020, to help companies control production costs.

Sources said that the Chinese Communist Party convened a series of emergency meetings during the 11th long holiday. In the end, the Chinese Communist Party General Secretary Xi Jinping overthrew Li Keqiang’s policy and allowed electricity prices to rise. The National Development and Reform Commission of the Communist Party of China issued a notice on October 12, allowing electricity prices to increase by 20%, but the price increase for high-energy-consuming enterprises will not be capped. The new regulations will be implemented from October 15.

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On October 25, news from the Chinese Communist Party’s government website indicated that Shi Gang, director of the Office of the Premier of the State Council, was removed from his post and retired.

Qin Peng, a political and economic observer in the United States, said in a video program that Shi Gang has been following Li Keqiang for 10 years, but he has never been promoted to a ministerial-level official, nor has he been appointed as the deputy secretary-general of the State Council. From the perspective of the CCP system, the reason for not being promoted for such a long time is because the master is not strong enough. The development trend of the great secret reflects the influence of the leader.

At the 20th National Congress of the Communist Party of China next year, Li Keqiang, the second-ranked Politburo Standing Committee member, is believed to abdicate, and his position as prime minister will expire in 2023.

Editor in charge: Lin Congwen


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