China held “two meetings” on Monday: the annual general meeting of the National People’s Congress, the highest legislative body, and the Chinese People’s Political Consultative Conference (CPPCC), an “advisory body” with more than 2,000 members. It started on Monday. The idea is to devise ways to reverse the increasingly worrying economic decline.
Chinese state news agency Xinhua report Members of both parliaments clearly prioritized “promoting quality development” and “new productive forces” in the face of the decline of old productive forces such as strong labor groups and the real estate industry.
China’s real estate market remains in a crisis unprecedented in modern China, with significant declines in new home prices, existing home sales, and other key indicators recorded. Evergrande, one of China’s largest and most powerful real estate developers, went bankrupt due to the Chinese government’s extreme coronavirus lockdown and quarantine camp policy, was ordered into liquidation in January, and owed $300 billion. left behind.
China is also facing record high levels of youth unemployment and a rapid decline in the number of young workers, as young Chinese choose not to start families of their own. Dictator Xi Jinping, who exacerbated the crisis with a large-scale forced sterilization and abortion campaign against ethnic Turks in East Turkestan, abolished the decades-old “one-child policy” in 2015, but the country will not be allowed to enter the state until 2023. However, the birth rate remains at a record low. .that remain It is illegal for most people to have a fourth child in China, but this is an increasingly rare issue.
Agence France-Presse (AFP) reported in late January that China’s economy is “likely to grow at its slowest annual rate in more than 30 years in 2023.” It recorded an 80 percent decline in foreign direct investment in 2023, losing much of it to neighboring India, whose stock market boomed in February.
“The meeting is of immense importance not only for China but also for the rest of the world, as the world’s second-largest economy seeks to modernize China and solidify its economic recovery momentum,” Xinhua News Agency said on Monday. “I have it,” he emphasized.
of Global Times rattled The list of economic issues that lawmakers are expected to help solve includes “GDP growth targets, budget deficit-to-GDP ratios, fiscal and monetary policy, and employment.” Liu Jie, the spokesperson chosen to work on the CPPCC’s work, stressed to foreign reporters that the advisory body takes foreign investors’ concerns seriously, but aside from weak economic indicators, the outlook for 2023 He claimed that 2019 was a victory for the Chinese economy, the paper noted. Because she “withstood external pressure and overcame internal difficulties.”
“Looking to the future, China’s economy is resilient, has great potential and vitality, and its growth momentum will continue to strengthen, leading to a bright future,” Liu reportedly said. He is said to have claimed, “I am deaf.”
in contrast, Global Times The real cause of the “tremendous uncertainty over the global economic outlook” is not China’s gradual economic decline, but other countries choosing to allow their citizens to live freely, leaving the world in a “presidential election quagmire.” He lamented that it was happening. Although China does not allow its citizens to elect a “president,” the title is primarily a ceremonial one that Xi Jinping bears alongside more powerful figures such as Communist Party president and commander-in-chief.
Chinese state media reports on the opening of the “second session” do not directly address the birthrate issue.of Global Times I got it, butthe lawmakers said they decided to highlight issues such as inadequate childcare and inadequate education that are driving the decline in birth rates.
“Xu Ruixia, the state political advisor for northern China’s Inner Mongolia Autonomous Region… told the Global Times over the past year,” the propaganda paper said. relayed“We are conducting a survey on childcare facilities such as nursery schools and kindergartens.”
“Employees at these facilities suffer from low wages, parents face challenges finding a place for their children, and the facilities themselves suffer from lack of funding,” Xu found.
In his remarks prior to the “two-part meeting,” Ryu Kumamizu, a member of the CPPCC Committee, called for the abolition of the “three-child policy” and a concrete plan to increase the number of children born in the country.
“Political advisers… have proposed proposals to reduce the social costs directly borne by companies due to the birth of their female employees,” the paper said. Global Times It was reported in late February. “Proposals include improving the cost-sharing mechanism for maternity leave and significantly reducing social security costs borne by companies for female employees during maternity leave and extended prenatal check-up periods.”
Xiong further proposed that “companies that employ women of childbearing age may be granted certain income tax reductions.”
Neither the NPC nor the CPPCC has played any role in curbing the power of the Chinese Communist Party and its totalitarian leader Xi Jinping. On the contrary, the two organizations usually meet to discuss how to implement and carry out the party’s agenda. Although the Chinese people have no real say in the topics their lawmakers cover or how they make their choices, these groups are part of what the Communist Party calls “all-process people’s democracy.” This is the basis of the claim to operate the A benevolent dictatorship is said to have sufficient power and access to resources necessary to improve people’s lives without having to defend its actions against individuals or groups who oppose it. .
“The collective wisdom and concerted efforts of the two sessions are a manifestation of the Chinese people’s spirit of unity and struggle,” the state propaganda agency said. Global Times declared “And it is also the clearest depiction of the broadest, most honest, and most effective full-process popular democracy.”
Although the NPC actively drafts and enforces laws, the CPPCC serves more as a laboratory for ideas favorable to the Communist Party and as a platform to provide influence to party friends and business associates. There is. As Breitbart News senior contributor Peter Schweitzer reveals in his new book, Blood Money: Why those in power turn a blind eye while China kills Americanspolitical cooperatives have played a role in elevating members of organized crime.
“Triad members suspected of being involved in drug trafficking are permanently stationed at the political cooperative.” blood money detail. “Ng Lap Seng, a Triad member who funneled money to Bill Clinton’s campaign in 1994, was also a member. He was also active as a member of that organization, despite claiming a relationship.”
Chinese financial institution Caixin reported on Monday that both institutions are in turmoil as the “second session” begins due to President Xi Jinping’s mass purge of Communist Party members. Among these cases, the one that has attracted the most attention is that of former Foreign Minister Qin Gang, who disappeared in June and has not been seen since.After gradually losing all titles over the past 6 months, NPC finally exiled Qin in the last week of February. Twenty-four other Qin members were unceremoniously expelled from the National People’s Congress, and seven more are absent from the CCP.
