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Xi Jinping Calls for Efforts to Stimulate Market Vitality as COVID-19 Pandemic Impacts Economy

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Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee, on Tuesday called for efforts to stimulate market vitality to overcome the impact of the COVID-19 pandemic on the Chinese and global economy.

Xi made the remarks while presiding over a symposium with entrepreneurs in Beijing.

Entrepreneurs present at the meeting included Chairman of Hikvision Digital Technology Chen Zongnian, Chairman of Sinochem Group Ning Gaoning, Chairman of Wuhan Gaode Infrared Co., Ltd. Huang Li, Chairman of GoerTek Inc. Jiang Bin, senior Vice President of Microsoft Hong Xiaowen and President of Panasonic China Zhao Bingdi.

The COVID-19 pandemic has dealt a heavy economic blow to China and the rest of the world, with a slew of market players in the country facing unprecedented pressure. Market entities now act as the carriers of economic power, hence ensuring the vitality of market players is equivalent to stimulating social productivity, Xi said.

“We must unleash the dynamics of market players, carry forward an entrepreneurial spirit, and push enterprises to play a greater role in pursuing development, thus accumulating strengths for further economic growth,” Xi noted.

Xi said hefty inroads have been made in pandemic prevention and control, and China’s economic development has embraced a stable turn for the better. It is now at the forefront of the world in pandemic control and economic recovery, delivering better-than-expected outcomes.

“We must beef up our confidence to overcome the difficulties and strive to make up for the losses caused by COVID-19, so as to notch up impressive full-year economic growth,” he added.

China’s economy returned to modest growth in the second quarter of 2020 and reverted from the first contraction on record in the first quarter this year, as COVID-19 eases and policymakers proclaimed economic packages. In the first half of 2020, China’s economy declined by 1.6 percent year on year.

The world’s second-largest economy grew by 3.2 percent between April and June from a year earlier, reversing a 6.8-percent decline in the first quarter – the first contraction since at least 1992 when official quarterly gross domestic product (GDP) records started, according to China’s National Bureau of Statistics.

The reading beats the median 1.1 percent forecast by economists surveyed by Nikkei and coincides with an AFP poll which projected the economy would claw its way back into growth territory in the second quarter of this year.

Policy support 

Xi expressed his gratitude to state-owned, private and foreign-funded enterprises, Hong Kong-, Macao- and Taiwan-funded companies, and the self-employed businesses for their contributions to socio-economic progress and pandemic control.

He then stressed to inject more dynamism into market entities and enlarge policy support via more proactive fiscal policies and moderate monetary policies, so that the majority of market entities can not only survive, but also obtain greater development.

Meanwhile, he called for creating an international and marketized business environment building on rule of law, including fully applying the negative list for market access and barring trading power for money.

Xi also urged local governments to provide more quality public services for enterprises, listening more to entrepreneurs’ opinions and suggestions when formulating policies related to enterprises.

In addition, more weight should be assigned to self-employed businesses, according to Xi, namely, the government should actively help them solve problems in the fields like rent, tax, social insurance, and financing with more direct and effective policy assistance.

Entrepreneurship advancement 

“Entrepreneurs should advance patriotism, integrity, as well as innovation and social responsibility to become a driving force for creating a new development pattern, building a modern economic system and promoting high-quality development in the new era,” Xi noted.

He said patriotic entrepreneurs should integrate the development of enterprises with national prosperity and people’s happiness to share the burdens of the country.

Xi also encouraged entrepreneurs to be bold in innovation and focus on technological research and human capital investment. Entrepreneurs should also bear more social responsibility, step up efforts to stabilize jobs and care about employees’ health to go through the tough situation together with employees.

President Xi also urged entrepreneurs to upgrade international vision through improving international market development capability and strengthen ability to withstand international market risks so as to drive enterprises to achieve better development during the higher-level opening-up.

China must make good use of the strength of the country’s market and push forward technological innovation in the face of rising protectionism and a volatile global economy, the Chinese president stressed.

Noting that in the long term, economic globalization is still a historical trend and win-win cooperation is the trend of the times, Xi said China would continue to deepen reform and opening-up, strengthen cooperation in the field of science and technology, promote the construction of an open world economy and push for building a community with a shared future for mankind.

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CMG Holds Cooperation Forum with African Media Partners

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China Media Group (CMG) has set up a new collaboration platform with Africa. The “Our African Partners: CMG Media Cooperation Forum 2021” brings together under one umbrella CMG and African media.

The event culminated with the issuance by 36 partners of a joint declaration outlining the principles and aspirations of the forum, which include acting as responsible public information disseminators, strengthening and deepening cooperation, and amplifying Chinese and African voices on the global stage.

In his opening address, Huang Kunming, head of the Publicity Department of the CPC Central Committee, urged Chinese and African media to remain objective and impartial, and stand for justice. Both sides in the partnership will continue to treat each other sincerely and enhance people-to-people connection, he assured. Huang emphasized expanding digital benefits through innovation under the partnership.

Commenting on China-Africa media cooperation amid unprecedented changes in the world, Gregoire Ndjaka, CEO of African Union of Broadcasting, said “it testifies the common desire to appreciate the efforts made in this vast project” and presents the opportunity to start over on a more solid basis.

Media representatives, policy makers, media and communication scholars from China and more than 40 African countries attended the event which was held both online and offline in Nairobi. CMG president Shen Haixiong and several other chief executives of African state broadcasters were present.

“From the ancient Maritime Silk Road to the Belt and Road Initiative today, China and Africa have been going in the same direction,” Mr. Shen observed in his remarks.

On his part, Iqbal Survé, the Chairman of South Africa’s Independent Media, said China’s experience in digital media can help African media bring about better news flow and benefit African people.

“China, we know, is a world leader in the space of online media and online technology. China has played a very important role in showing how technological advancement can work to the benefit of its people,” Survé said, adding: “We in Africa are hungry to emulate that particular example of China and to see how we can use technology in order to bring about better news flow and meet the aspirations of the African people.”

Dr Naim Bilal, the Managing Director of Kenya Broadcasting Corporation, said his organization was looking forward to more cooperation with CMG in technology, content sharing and training.

Mallam Yakubu Ibn Mohammed, the Director General of Nigerian Television Authority proposed the setting up of a central video server maintained and funded in partnership for better information and content sharing.

“Chinese and African media should seize the opportunities of a time of change and tap into potential for cooperation in areas including exchange of content, exchange of staff, and co-production,” Dr Ayub Rioba, the Director General of Tanzania Broadcasting Corporation, said.

In their speeches, Senegalese Minister of Culture and Communication, Abdoulaye Diop; Ambassador Erastus Mwencha, the former Deputy Chairperson of the African Union Commission and Amin Alhassan, the Director General of Ghana Broadcasting Corporation
were optimistic the forum will deepen collaboration between CMG and African media on the one hand and, relations between China and Africa on the other.

“One lesson that we witnessed in the wake of the COVID-19 pandemic is the lack of policy coordination, production and distribution of vaccines and vaccine nationalism. I salute the media for highlighting this serious lacuna. This should be extended to all other areas of human endeavor and must be based on facts and figures,” Mwencha observed.

In the panel discussion, Prof. Peter Kagwanja, the President and Chief Executive of Africa Policy Institute; Dr. David Monyae, the Director of Center for Africa-China Studies at the University of Johannesburg; Dr. Ayub Rioba, the Managing Director of Tanzania Broadcasting Corporation; as well as media experts from China tackled the challenges of imbalance in global information flow, climate change, and a rigged global trading system.

The forum also showcased cooperation projects between CMG and its African media partners, including an agreement on broadcasting Chinese films and TV shows with select African state broadcasters; an agreement between CMG’s Hausa Service and Nigerian media companies setting up a common platform for Hausa-speaking media; and CMG French Service’s media event “Sino-African Kungfu Show”.

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Xi Says CPC is the ‘Strong Force’ to Lead Chinese People Forward

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The past 110 years have proven that the Communist Party of China (CPC) is the “strong force” to lead the Chinese people to realize national rejuvenation, President Xi Jinping said at a meeting in Beijing on Saturday marking the 110th anniversary of the 1911 Revolution.

“The Party was chosen to lead by history and by the people… Without the Communist Party there would be no new China and no national rejuvenation,” said Xi, also general secretary of the CPC Central Committee and chairman of the Central Military Commission.

The 1911 Revolution, or Xinhai Revolution, overthrew the Qing Dynasty (1644-1911) and put an end to the absolute monarchy in China.

The history of the Xinhai Revolution began with the Wuchang Uprising, an armed rebellion against the Qing Dynasty rulers that broke out on October 10, 1911 in what is today’s Wuchang District, Wuhan City, in central China’s Hubei Province.

The Revolution marked a historic step, leading to the establishment of the Republic of China (1912-1949) and ensuing social changes in the country.

The People’s Republic of China was then founded in 1949.

On Saturday, Xi said that “socialism with Chinese characteristics has proven to be the only correct path” to realize national rejuvenation.

“On the journey ahead, we must uphold and develop socialism with Chinese characteristics, keep adapting Marxism to the Chinese context and the needs of our times, remain firmly committed to our aspiration and our path, and make sure the future of China’s development remains firmly in our own hands,” he said.

Xi added that “the Chinese people must rely on our own heroic efforts” to achieve national rejuvenation. “Never has history taken a peaceful or tranquil course; it has always advanced amid setbacks and difficulties.”

He quoted late Chinese leader Mao Zedong, who said: “Our forefathers never stopped waging unyielding struggles against domestic and foreign oppressors… By our own indomitable efforts, we the Chinese people will unswervingly reach our goal.”

Xi called on China to “seize the opportunities that the era has offered” in a world that is “undergoing momentous changes of a kind not seen in a century.”

“Through courage and skill, we will overcome all major risks and challenges that may impede our path to national rejuvenation and resolutely safeguard our national sovereignty, security and development interests.”

Xi urged that “the Chinese people and the nation must stick together through good times and bad and rely on our strong unity to overcome all risks and challenges on the road ahead.”

He noted that a united people with a great spirit of patriotism has always been “an important instrument that has allowed the CPC to rally the people’s support and pool their strength” for all endeavors.

He also pointed out that both “a stable and united domestic environment” and “a peaceful and stable international environment” are required to achieve national rejuvenation. “Our people hope to successfully realize national development, but they also hope to see all peoples of the world leading happy and peaceful lives,” he said.

“On the journey ahead, China will always fly the flag of peace, development, cooperation and mutual benefit, strive to promote the building of a human community with a shared future, and endeavor to improve the global governance system,” Xi said.

In his speech, Xi also reiterated that the Taiwan question will be resolved as national rejuvenation becomes a reality. “This is determined by the general trend of Chinese history, but more importantly, it is the common will of all Chinese people.”

“National reunification by peaceful means best serves the interests of the Chinese nation as a whole, including our compatriots in Taiwan,” he said.

Xi called on compatriots on both sides of the Taiwan Straits to “stand on the right side of history and join hands to achieve China’s complete reunification and the rejuvenation of the Chinese nation.”

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CMG: Continue to Support Taiwan Entertainers to Perform on the Chinese Mainland

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The gala celebrating the National Day of China broadcast by China Media Group (CMG) has received a warm response at home and abroad. Many entertainers from Hong Kong, Macao, and Taiwan regions performed on stage with their mainland counterparts, presenting a high quality gala.

In response to the recent threats against actors and actresses by some media in Taiwan, the spokesperson for the Culture and Art Program Center of the China Media Group has replied as follows:

“At every major festival of China, the China Media Group will produce special programs and invite entertainer from Hong Kong, Macao, and Taiwan to join with those in the mainland to participate in the performances and share the glory of the festival.

Taiwan entertainers participating in the variety shows and other activities are well received by the audience.

In disregard of the facts, some media have frequently threatened, intimidated, and slandered Taiwan entertainers who have contacts with the mainland. We are firmly opposed to this. We reiterate that we welcome entertainers from Taiwan to participate in our programs.”

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