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Xi Jinpingi

Xi Jinping was elected general secretary of the Chinese Communist Party and chairman of the Central Military Commission at the 18th Party Congress in 2012. He succeeded Hu Jintao as leader of the Communist Party and was elected president in March 2013. In 2018, the National People's Congress, China's parliament, abolished the term limits of the presidency effectively allowing him to stay in power for life. Born in 1953, Xi graduated from Tsinghua University in 1979 with a degree in engineering. 

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‘New quality productive forces’, with its focus on science and technology, is seen as the answer to China’s economic woes, with the potential to transform society. However, outside the establishment, there is confusion and scepticism surrounding the puzzling catchphrase.

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The concept of ‘new productive forces’ shows that China’s top leadership has realised that the traditional model of relying on debt-fuelled investment to drive growth has reached its limit.

  • The CSRC under Wu Qing will aim to develop 10 first-class brokerages, including two or three that can compete with top global names by 2035
  • To do so, the CSRC may relax capital requirements for brokerages, enhancing their return-on-equity ratio and their valuations, HSBC says

Following decades of the ‘Angola model’ – oil-backed loans to access Chinese funding for infrastructure – Beijing vows to help modernise Angola.

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Analysts expect affirmative action for ethnic minority groups will be further rolled back as Beijing backs down from emphasising their distinctive qualities.

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Seeing e-vehicles as ‘iPhone on wheels’ or cargo cranes as ‘Trojan horses’ yields never-ending cycle and ‘excessive anxiety’, says Ambassador Xie Feng.

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His declaration comes during an inspection tour and as the European Parliament approves a new legal framework to get ahead of worrisome risks associated with artificial intelligence.

President Xi Jinping reiterated his support for China’s development of hi-tech research and manufacturing, calling for more patents to be commercialised and turned into viable, popular products.

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Experts issue warnings about the Chinese military build-up in the western Pacific and about expanded ties between China, Russia, Iran and North Korea.

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Lai’s comments triggered by former US vice-president Mike Pence’s speech in 2018, where American leader accused China of expanding interests on US soil, court hears.

Chinese president’s call to develop home-grown technology and ‘new quality productive forces’ is top policy direction to come out of political gathering in Beijing, while premier appears to take smaller role in what is seen as sign of loyalty and humbleness.

Amendment to Organic Law of the State Council shows role of China’s cabinet as Xi’s ‘loyal policy implementer’ is endorsed by highest legislative body, researcher says.

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Li Qiang tells NPC legislators China ‘will remain firm in opposing all hegemonic, high-handed and bullying acts’ as Ministry of Finance proposes boosting diplomacy spending 6.6 per cent to US$8.4 billion for 2024.

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Clash between Taiwanese coastguard and mainland Chinese fishermen has some similarities with emergency Xi handled in 1990, but analysts say lack of trust between Beijing and Taipei could make resolution tougher this time.

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