‘Don’t wait, waver, hide or hesitate’: Xi Jinping on ‘supply-side’ reform
President drives home the need for structural changes, accusing some local governments of ‘missing the point’
President Xi Jinping has again sought to rally officials around his hallmark “supply-side reforms”, just days after the publication of one of his long lectures on the subject underscored his dissatisfaction with progress so far.
“All regions and all departments must unify their thoughts and actions to stay in line with the decisions [on reform] made by the party’s Central Committee,” CCTV news on Monday night quoted Xi as saying.
“Don’t wait because of the heavy burden, or waver because of the extreme difficulties, or hide because of the risks, or hesitate because of the pain.”
Xi made the remarks at a meeting yesterday of the Central Leading Group on Financial and Economic Affairs, the country’s top economic policymaking body. Xi heads the committee and Premier Li Keqiang is a deputy.
In its prime-time news bulletin last night, the state broadcaster read out Xi’s address to the meeting but did not present any footage of the gathering.
Xi Jinping’s supply-side plan now the genuine article of economic reform for China
It said only that Li attended the meeting, along with Politburo Standing Committee member Liu Yunshan, and Vice-Premier Zhang Gaoli, who is also a Politburo Standing Committee member.