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China names Xi Jinping loyalists for core leadership group


Chinese President Xi Jinping (L) walks with members of the new Politburo Standing Committee of the Communist Party of China, the nation’s top decision-making body, as they meet the media at the Great Hall of the People in Beijing on October 23, 2022.

Noel Celis | AFP | beautiful pictures

BEIJING – President of China Xi Jinping broke precedent on Sunday by paving the way for his third presidential term and the appointment of a prime minister with no prior experience as deputy prime minister.

Li Qiang, the party secretary of Shanghai, came in second to Mr. Xi at his meeting with the press on Sunday. Li is a known Xi loyalist and oversaw strict Covid controls in Shanghai earlier this year.

State posts such as president and prime minister will not be confirmed until the next annual meeting of the Chinese government, usually held in March.

Outgoing Premier Li Keqiang placed second behind Xi at a similar meeting with the press following the conclusion of the party’s 19th National Congress in 2017.

Since Li Keqiang, all of China’s modern prime ministers, except the first, have previously been vice premiers. However, Li Qiang had not previously served as deputy prime minister, according to state media biographies.

In addition to Mr. Xi and Mr. Li Qiang, five other individuals were named to the standing committee of the new Politburo, the core circle of power of the ruling Communist Party of China: Zhao Leji, head of party discipline; Wang Huning, known for his work on ideology; Beijing Party Secretary Cai Qi; Ding Xuexiang, known as Xi’s chief of staff, and Li Xi, party secretary of Guangdong.

Chinese President Xi Jinping and other members of the Politburo Standing Committee of the Communist Party of China meet the media at the Great Hall of the People in Beijing on October 23, 2022.

Noel Celis | AFP | beautiful pictures

In his remarks Sunday, Mr. Xi emphasized the Party’s leadership role in “a new journey to transform China into a modern socialist country”, according to an official translation.

He said that China cannot develop in isolation from the world, but the world also needs China. Mr. Xi announced that China would open up “wider than ever” and that the country would “deeply reform and open up on a large scale and pursue high-quality development.”

Four of the previous seven members of the Politburo standing committee were not shortlisted New central committee members were announced on Saturday. The only three remaining are Xi, Wang Huning and Zhao Leji.

That central committee defines the core leadership – the Politburo and its standing committee.

Top-level economic policy in China is largely set by Politburo members. However, Li Keqiang has been the official face and leader of implementation as prime minister and head of the State Council, China’s top executive body.

Mr. Xi holds three key positions: general secretary of the Communist Party of China, chairman of the Central Military Commission and president of China. Mr. Xi set the stage for an unprecedented third, five-year term as president with constitutional changes in 2018.

In addition to purging officials accused of corruption, Practice strengthening your power Reuters points out the past decade with groups revolving around the typical prime ministerial economic policy-making responsibilities.

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Notable ministry heads still on the new party central committee list include:

  • He Lifeng, head of the National Development and Reform Commission
  • Yi Huiman, head of China Securities Regulatory Commission
  • Zhuang Rongwen, head of China’s Cyberspace Administration

The NDRC’s grandfather was also appointed to the new Politburo.

Bruce Pang, chief economist and head of research for Greater China at JLL, said some of the central committee appointees have experience in finance and local government, showing him that ” The shake-up will not lead to dramatic changes in China’s macro policies. “

“We expect that the policy focus will not be on introducing new stimulus measures but on implementing existing policies and putting them in effect,” Pang said. Therefore, boosting domestic demand to support employment remains key. “

Pang also noted that Li Qiang previously led three provincial regions, including Shanghai, known for his contributions to China’s “opening up” and economic growth.

Emphasis on security and quality

Xi’s opening speech at the 20th National Party Congress asserted that China focuses more on national security and “high-quality” growth. In fact, the shift away from the high growth rates of previous decades means China faces “a new situation to attract foreign investment,” an official at the economic planner said.

Gabriel Wildau, managing director at consulting firm Teneo, said that while Mr Xi’s report to the congress “gives a strong message about policy continuity”, it signals that there are goals Competitive goals and some types of economic growth take precedence over others, Gabriel Wildau, managing director at consulting firm Teneo, said in a note.

“Party leaders want advanced manufacturing and technology to be the main drivers of growth,” says Wildau.

Mr. Xi also stressed the need for unity within the Chinese Communist Party to achieve “national rejuvenation.” The 20th National Congress of Delegates, which ended on Saturday, has agreed to amend the national constitution to incorporated “Xi Thought”, according to state media.

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