Global Impact: 20th party congress wraps up as Xi Jinping lays down his vision for China’s future
- Global Impact is a fortnightly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world
- In this edition, we look back at the events of the last week in Beijing during the 20th party congres.
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Xi Jinping charts China’s future course at 20th party congress
Besides serving as the platforms for the delegates to unify their thoughts and understanding, the discussion groups also offered a stage for the party leaders, especially the Politburo members, to pledge their allegiance to Xi.
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Deep Dives
Wolves and word choice: outsiders try to decode China’s 20th party congress
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Efforts to interpret Xi Jinping’s priorities focus on three main areas: foreign and military policy, party politics and economics
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Despite attempts to read the tea leaves, US analysts realise there won’t be ‘any simple or clear answers’
Will Beijing’s “Wolf Warrior” diplomats drop their aggressive stance, how much fiscal pressure are local Chinese governments under and will Xi Jinping turn his gaze abroad after securing an unprecedented third term? These are among the questions American analysts and former US officials are asking as they watch this week’s 20th party congress unfold.
Their quest for insights comes as US-China relations hit new lows, tensions mount over Taiwan and a bilateral tech war heats up. Even as coffee-drinking Washington tries to read Beijing’s political tea leaves, however, some question how much can be learned watching an opaque system from the outside.
Xi Jinping tells Communist Party to keep up campaign against corruption
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Party must keep ‘sounding the bugle’ against graft, Xi says to congress delegates meeting in Beijing
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More than 550 officials of ministerial level and above have been investigated in the past five years, graft buster says
Chinese military must move faster to become world-class fighting force, Xi Jinping tells party congress
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Xi’s work report to 20th party congress cites need to ‘win regional wars’, though speech at Great Hall of the People makes no mention of it
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Return of phrase is welcome sign that the PLA will focus on smaller-scale warfare, observer says
Fast modernisation of the PLA’s organisation, personnel and military technology standards, under the absolute leadership of the party, would be key not only to defending China’s sovereignty but also its security and developmental interests, Xi said delivering his latest work report to the congress.
China’s Xi Jinping sends ‘warning signal’ to the wealthy as he opens new front in ‘common prosperity’ push
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President Xi Jinping’s report to the 20th party congress signalled more robust regulation to evenly distribute the spoils of China’s rapid development
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Analysts expect a wider array of taxes to support poor families and bolster the social safety net, while wealthy Chinese could face a rocky road ahead
Just days after President Xi Jinping announced tighter oversight of the way wealth is accumulated in China, speculation is growing about who might be targeted and how, with private business confidence still shaky following Beijing’s crackdown on the tech sector.
US-China tech rivalry puts home-grown innovation ‘at the heart’ of modernisation drive, Xi Jinping vows
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‘Talent is the foremost resource’, and bolstering China’s pool of professionals will be more heavily prioritised in the coming years, according to Xi Jinping’s report to party cadres
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Technological self-sufficiency and ‘winning the talent war’ are deemed critical steps toward gaining an upper hand as competition with US shows no sign of abating
President Xi Jinping is doubling down on the importance of technological self-sufficiency, innovation and education in China’s development plan, as the country has become embroiled in increasingly heated competition with the United States.
China’s GDP ‘rebounded significantly’ in third quarter, state planning body says
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The National Development and Reform Commission says China’s economic performance has been ‘outstanding’ from a global point of view
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Unlike much of the world, China’s consumer inflation is only marginal, the job market steady and international payments stable, state planner says
China’s top economic planning agency has ramped up positive rhetoric about the economy on the sidelines of the 20th party congress, saying that growth “rebounded significantly” in the third quarter and remained “outstanding” when compared with the rest of the world.
The comments came as China was expected to release its third-quarter economic data on Tuesday. But according to the National Bureau of Statistics (NBS), the release of the data, which was expected to include the gross domestic product growth rate, has been delayed.
Communist Party’s 20th Congress: Xi sends supportive message to domestic IT, AI, and new energy sectors
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Xi called on his country to catch up in important economic areas for ‘developmental security’
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Chinese leader also called for an acceleration of moves to integrate ‘real’ and ‘digital’ areas of the economy
Amid escalating technology tensions between China and the US, Chinese President Xi Jinping has sent a supportive message to the country’s information technology, artificial intelligence (AI) and new energy sectors, labelling them as the new “engines” of future growth.
In a 72-page document forming the basis for Xi’s speech to the 20th Party Congress on Sunday, Xi said that China must promote integrated development of “strategic emerging industries” and grow “a new group of growth engines” that also include biotech, new materials, advanced equipment and green products.
Global Impact is a fortnightly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world.
