[Epoch Times, April 30, 2022]On April 29, the Political Bureau of the Communist Party of China held a meeting to analyze and study the current economic situation and economic work, acknowledging that “the economic development environment is becoming more complex, severe and uncertain.” The current situation of China’s economy forces the Politburo of the Communist Party of China to discuss economic issues exclusively, but it still cannot come up with a solution.
Barely sure results underline economic woes
The economic situation is so severe, but the Xinhua News Agency’s report first affirmed the “achievement”, saying that “the meeting believes that this year, in the face of the complex situation of a century of changes and a century-old epidemic,” under the leadership of Xi Jinping, “effectively coordinating the epidemic Prevention and control and economic and social development”, “the overall economic operation achieved a smooth start”, and the Winter Olympics were also held, “the achievements are hard-won.”
In response to all kinds of doubts from the outside world, Xinhua News Agency tried to cover up the past with just one sentence. If a “smooth start” can also be regarded as a “hard-won” “achievement”, it just shows the severe situation of China’s economic deterioration, and the CCP’s high-level leaders have nothing to do in the face of economic difficulties, which seems to be quite difficult. The Politburo of the Communist Party of China had to study the economic situation together, but also lacked effective countermeasures.
According to the Xinhua News Agency report, “the meeting pointed out” that “the epidemic and the Ukrainian crisis have led to increased risks and challenges”, “the complexity, severity and uncertainty of the economic development environment have increased”, and “steady growth, stable employment, and stable prices are facing new challenges.” challenges”.
The “clearing” epidemic prevention is the CCP’s own internal disaster; the CCP’s alternative attitude towards the Russian-Ukrainian war is its own external calamity. At the end of 2021, the top leaders of the Communist Party of China have already admitted that “economic development is facing triple pressures of shrinking demand, supply shocks, and weakening expectations.” In 2022, they will soon be in chaos, and they can only reluctantly make up a “stable start” “success”. However, the top Chinese Communist Party still has no plans to make changes.
central to local
Xinhua News Agency reported that “the meeting emphasized that the epidemic must be prevented, the economy must be stabilized, and development must be safe. This is a clear requirement of the Party Central Committee.” “.
The “zero-epidemic” epidemic prevention will continue, but the top CCP leaders are unwilling to take responsibility for the disasters brought about by the economy and people’s lives. To “prevent the epidemic and stabilize the economy”, officials from all over the world may only be able to make up nonsense. .
The Xinhua News Agency report also stated that “the meeting required” to “guarantee the operation of the city’s core functions” and “maintain the stability of the overall social situation”; Businesses, critical infrastructure are up and running.”
Responsibility for all kinds of chaos caused by “clearing” the epidemic has been pushed to all places; logistics obstruction and economic damage are also due to poor grass-roots work. According to the report, “the meeting emphasized” that “leading cadres at all levels should have a sense of responsibility, take responsibility, be realistic and pragmatic, and prevent all kinds of ‘black swan’ and ‘grey rhino’ incidents from happening.”
According to the Politburo meeting, officials from all over the country have been “lying flat”, with no sense of responsibility and inaction, which has caused public grievances to boil over. It is difficult to say whether there is a consensus within the Politburo for this rhetoric.
In the Xinhua News Agency’s report, “the meeting pointed out”, “the meeting emphasized”, “the meeting demanded”, and “the meeting thought”; there was no mention of “Xi Jinping pointed out”, “Xi Jinping emphasized”, “Xi Jinping demanded”. Xi Jinping presides over the meeting, and other people should not be allowed to gossip. However, Xi Jinping’s words have not been highlighted or particularly emphasized, which seems to be insufficient in authority. It is even more likely that the Politburo cannot truly reach consensus. The 20th National Congress seems to be bad.
The conundrum of infrastructure, real estate and the stock market
On April 26, Xi Jinping presided over a meeting of the Central Financial and Economic Commission to study “comprehensively strengthening infrastructure construction”. In the report of the Politburo meeting, it was also mentioned that “speed up the planning of incremental policy tools”, “play the key role of effective investment”, and “comprehensively strengthen infrastructure construction”; The measures were not individually emphasized. The big infrastructure plan of the Xi camp did not seem to be echoed by members of the Politburo; but the Xinhua News Agency report specifically talked about the real estate and financial markets.
The report repeats that “it is necessary to adhere to the positioning that houses are for living, not for speculation”, but proposes to “support local governments to improve real estate policies based on local realities, support rigid and improved housing needs”, and “promote the stable and healthy development of the real estate market”. “.
It was rumored a few days ago that Han Zheng, Hu Chunhua, Liu He and Yi Gang disagreed on real estate policy, and the information revealed at the Politburo meeting showed that the opinion of Xi Jinping’s cronie Liu He prevailed. Although the CCP continues to say that “houses are for living in, not for speculation,” they disguised themselves as loosening restrictions and allowing “localities to improve their real estate policies based on local realities.” High-level concerns about a shrinking economy.
The report also touched on the stock market, saying it “actively introduces long-term investors to keep the capital market running smoothly”. Xinhua News Agency did not dare to mention that the sharp withdrawal of foreign capital caused the stock market to plummet. The United States has taken the lead in raising interest rates, and the CCP is still lowering the RRR due to the sluggish economy. Who would be willing to put funds in China?
Unemployed college students are left alone
The Xinhua News Agency report also stated that the Politburo reviewed the National Talent Development Plan during the 14th Five-Year Plan period, and claimed to “accelerate the construction of an important talent center and innovation highland in the world” and “create a large-scale team of young scientific and technological talents, cultivate A large number of outstanding engineers”, “build a platform for all kinds of talents to start their own business“.
This is nonsense and empty talk. Not many college graduates in the past two years have found jobs and can only be encouraged to start their own businesses. How can they “create a large-scale young scientific and technological talent team”?
The report also said that it would “strengthen the political guidance and political absorption of talents” and “love the party”. Who will “love the party” among the unemployed college students? Being able to fill the stomach during the lockdown is almost the highest pursuit.
The “Party Central Committee” is not good for epidemic prevention, nor is it good for economic development
On the same day, Xinhua News Agency also reported that “Dynamic reset is China’s “magic weapon” to fight the epidemic – the State Council Information Office’s press conference to respond to hot issues of epidemic prevention and control. The report quoted Li Bin, deputy director of the National Health Commission of the Communist Party of China, as saying that the “dynamic clearing” policy “minimizes the impact of the epidemic on the country’s overall economic and social development. Winning the ‘magic weapon'”. However, Liang Wannian, head of the expert group of the Health and Health Commission, said, “Fighting against Omicron does not mean that it is the nucleic acid of all members of the city, nor does it mean that it is the whole city’s closure and control”; “It is necessary to precisely balance the anti-epidemic and economic development, The relationship between normal production and life”.
Experts from the CCP are very familiar with the wind and the rudder. Seeing that the CCP’s top management pushes down the responsibility, they also want to push the responsibility. The working groups sent by the National Health Commission of the Communist Party of China to various places are the initiators of the central government’s supervision of the “clearing” and strict closure of cities in various places. They may not be able to shirk their responsibility.
From the top CCP officials to CCP experts, no one is willing to take responsibility for the chaos and economic disruption brought about by “zeroing” on their own. The Politburo meeting did not solve the root cause of the “zero” epidemic prevention, and it was of no significance to discuss the economic situation, let alone come up with a solution.
On March 17, the Standing Committee of the Political Bureau of the Communist Party of China held a meeting to analyze and discuss the prevention and control of the epidemic. More than a month later, on April 29, the Political Bureau of the Communist Party of China held another meeting to study the economy, but it was helpless. However, Xinhua News Agency soon issued a commentator article, “The epidemic must be prevented, the economy must be stabilized, and development must be safe – the Politburo meeting of the Central Committee sets the tone for current economic work.”
In 2022, the changes are so great that people suddenly find that the “Party Central Committee” can’t prevent the epidemic and can’t manage the economy; the 20th National Congress of the Communist Party of China will not change people, or change a few people, other than continue to shout slogans and toss, what else is there to do? What to use?
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Responsible editor: Gao Yi