EXECUTIVE SUMMARY

 

    • Xi Jinping’s speech at the Shanghai Cooperation Organization (SCO) in Qingdao was widely promoted across Party media throughout the week, along with commentator articles dissecting the meaning of Xi’s words.

    • A prominent commentary published in the Qiushi Journal condemned “hostile forces” that are against China’s continued development, as a divided, chaotic, and weak China accords with their interests.

    • The chairmen of the PRC’s eight democratic parties and the All China Federation of Industry and Commerce published articles on Xi Jinping thought, China’s new era, and a “new type of party system” (新型政党制度) in Guangming Daily.

    SENIOR LEADERS

     

    Xi Jinping Meets with Leaders of Shanghai Cooperation Organization Member and Observer States

    People’s Daily

     

    6.9-10  Xi Jinping met individually with the leaders of four Shanghai Cooperation Organization (SCO) member states on 9 June and the leaders of the four SCO observer states on 10 June. Central General Office Director Ding Xuexiang (丁薛祥), Central Foreign Affairs Commission Office Director Yang Jiechi (杨洁篪), Minister of Foreign Affairs Wang Yi (王毅), and National Development and Reform Commission Chairman He Lifeng (何立峰) all also participated in the meetings.

     

    While meeting with the President of Pakistan Mamnoon Hussain, President of Tajikistan Emomali Rahmon, and President of Uzbekistan Shavkat Mirziyoyev on 9 June, Xi stressed several common points. These included the friendship between China and the countries these leaders represent, cooperation under the framework of the Belt and Road Initiative, and the need to strengthen economic and security cooperation and cultural exchange. Additionally, during his meeting with Hussain, Xi praised the all-weather strategic cooperation between China-Pakistan as a model of a new type of international relations (新型国际关系). He also stressed that, “China will continue to resolutely support Pakistan’s safeguarding of its national independence, sovereignty, and territorial integrity.”

     

    In contrast, while meeting with the Prime Minister of India Narendra Modi on 9 June, Xi called for building on the important consensus the two leaders reached in Wuhan over a month ago. Xi lauded the consensus for already achieving several “early harvests” (早期收获). He also stated that, “both sides must make unremitting efforts, step up implementation, maintain strategic connections, expand economic cooperation, push forward cultural exchange, and strengthen coordination and cooperation in international and regional affairs.”

     

    Xi stressed many of the same points during his meetings with the President of Afghanistan Ashraf Ghani, President of Belarus Alexander Lukashenko, President of Iran Hassan Rouhani, and President of Mongolia Khaltmaagiin Battulga on 10 June that he did during his meetings with SCO member state leaders the previous day. While meeting with Ghani, Xi stated that the key to realizing long-term peace and stability in Afghanistan lies in an Afghan-led and -owned political process and praised Ghani for his peace initiative with the Taliban from earlier this year. During his meeting with Rouhani, Xi emphasized the Joint Comprehensive Plan of Action is an important result of multilateralism, contributes to the maintaince of peace and stability in the Middle East and the international non-proliferation system, and should continue to be implemented.

     

    Xi Jinping Presides Over Fourth Meeting between Chinese, Russian, and Mongolian Heads of State

    People's Daily

     

    6.9  Xi Jinping presided over a trilateral meeting with Russian President Vladimir Putin and Mongolian President Khaltmaagiin Battulga in Qingdao. This was the fourth meeting between the Chinese, Russian, and Mongolian heads of state. Xi argued developing cooperation between these three nations, which are not only neighbors but also traditional strategic partners, has natural advantages and a good foundation. He called for spurring comprehensive cooperation centered on carrying out the Outline for the Plan on Constructing the China-Mongolia-Russia Economic Corridor as well as upgrading Mongolia’s relations with the Shanghai Cooperation Organization.

     

    Xi Jinping: Carry Forward the “Shanghai Spirit” and Build a SCO Community of Shared Future

    People's Daily

     

    6.10  Xi Jinping used his speech at the 18th Meeting of the Council of Heads of Member States of the Shanghai Cooperation Organization (SCO) to make five proposals for the organization’s future work. First, member states must bring together the formidable strength of unity and mutual trust. This requires respecting one another’s development path and giving consideration to one another’s core interests and major concerns. Second, member states must build a common foundation for peace and security. To this end, China offered to train 2,000 law enforcement officers from members over the next three years.

     

    Third, member states must create a powerful engine for common development and prosperity. China will make special loans equal to 30 billion RMB available through the SCO Interbank Consortium. Fourth, member states must be drawn together by the common bond of cultural exchange and cooperation. China pledged to provide human resources development training to 3,000 individuals from members over the next three years and use Fengyun-2 satellites to provide members with meteorological services. Fifth, member states must expand partnership networks of international cooperation. This means the SCO must forge stronger ties with regional and international organizations as well as international financial institutions.

     

    Xi Jinping: Make an All-Out Effort to Obtain Comprehensive Victory in the Tough Battle against Poverty

    Xinhua

     

    6.11  During a teleconference on China’s three-year action plan for winning the tough battle against poverty, Xi Jinping provided instructions for making an “all-out effort to obtain comprehensive victory.” He emphasized that the battle has extremely important implications for the realization of the two centenary goals and stressed that the closer it is to completion the harder one must work (行百里者半九十). Xi called for Party committees and governments at all levels to treat winning the tough battle against poverty as an important political task and strengthening its management system, which is based on central planning, provincial responsibility, and local implementation. He argued that the battle must be focused on regions in abject poverty and especially poor groups to ensure no village or person is left behind.

     

    Li Keqiang and Politburo member, Vice Premier, and State Council Poverty Alleviation and Development Leading Group Head Hu Chunhua (胡春华) also took part in the teleconference.

     

    Li Keqiang Delivers Remarks on Establishment of Central Adjustment System for Basic Pension Insurance Funds of Enterprise Employees

    People's Daily

     

    6.11  Li Keqiang delivered remarks at a meeting on establishing a central adjustment system for the basic pension insurance funds of enterprise employees that had been convened in Beijing. He stated that this development “has important implications for strengthening the sustainability of the basic pension insurance system, balancing the burden of pension funding between different regions, and promoting the realization of the people’s right to equal enjoyment of a basic pension.” Li insisted that, all regions and departments must carry out the work related to raising, allocating, and managing funds well and robustly assess the rewards and penalties system to ensure the smooth and steady implementation of the central adjustment system. He urged all regions to partially transfer state-owned assets to social security funds to ensure basic pension payments are paid on time and in full.

     

    Politburo Standing Committee member and Vice Premier Han Zheng (韩正) delivered a speech at the meeting and Politburo member and Vice Premier Hu Chunhua presided.

     

    Li Keqiang Conducts Inspection Tour in Hunan

    Xinhua

     

    6.11-12  Li Keqiang conducted an inspection tour of Changsha and Hengyang, Hunan. While touring Baishui village, he called for increasing investment in and assistance to the agricultural industry, improving the quality of agricultural products, and making planting crops more profitable for farmers.

     

    At Baishazhou Industrial Park, Li stated that industrial transfer from China’s east to its central and western regions is beneficial to balanced and coordinated regional development. He heard about Sanyi Group’s “excavator index” (挖掘机指数) and requested its further use to determine the economic circumstances in different regions during a visit to one of the company’s workshops. Li argued China does not discriminate between domestic and foreign firms (一视同仁) and is ready to strengthen international cooperation in driverless cars and other advanced manufacturing projects at Bosch Group, a foreign company.

     

    While visiting 58 Group, China’s largest online recruitment platform, he advocated for developing “Internet+ livelihoods” (互联网+民生) and actively cultivating and guiding the healthy development of the sharing and gig economies to expand employment opportunities and satisfy the growing demands of diversified consumption.

     

    Wang Yang Makes Official Friendly Visit to the Republic of the Congo

    Xinhua

     

    6.11-6.13  Politburo Standing Committee member and Chinese People's Political Consultative Conference (CPPCC) Chairman Wang Yang (汪洋) made an official friendly visit to the Republic of the Congo. While there, he met individually with President Denis Sassou Nguesso, Prime Minister Clément Mouamba, speaker of the National Assembly Isidore Mvouba, and President of the Senate Pierre Ngolo.

     

    During his meeting with Nguesso, Wang noted that his visit, the first stop on his first trip abroad since becoming CPPCC chairman, demonstrated the importance China has consistently attached to developing its relations with the Republic of the Congo and Africa. He also stated that, “China is willing to continue strengthening high-level exchanges, deepening political mutual trust, and focusing on the practical cooperation of the Belt and Road Initiative with the Republic of Congo to jointly create a community of shared future for China and Africa.”

     

    Xi Jinping Meets with US Secretary of State Mike Pompeo

    People's Daily

     

    6.14  Xi Jinping met with the US Secretary of State Mike Pompeo at the Great Hall of the People in Beijing. According to People’s Daily, he told Pompeo that China and the US share extensive common interests and shoulder important responsibilities in protecting world peace and stability and promoting global development and prosperity. Xi expressed his hope that the US will carefully handle Taiwan, trade frictions, and other sensitive issues and prevent major disruptions in China-US relations. He praised the recent meeting between US President Donald Trump and North Korea’s Supreme Leader Kim Jong Un for obtaining a positive result and being an important step in the process of politically resolving the Korean Peninsula nuclear problem. Yang Jiechi and Wang Yi also participated in the meeting.

    PROPAGANDA WORK

     

    People’s Daily Dissects Xi Jinping’s Speech at the Shanghai Cooperation Organization

    People’s Daily

     

    6.11-15  To encourage the study of Xi Jinping’s words at the meeting of the Shanghai Cooperation Organization (SCO) in Qingdao, the People’s Daily ran multiple series dedicated to parsing his words.

     

    The commentary pen name “Zhong Sheng” (钟声), which stands for “Voice of China” and/or “Sounding the Alarm Bell” and authoritatively transmits the official positions of People’s Daily on matters of international affairs, published two articles on the SCO summit.

    The first article, entitled “Provide Ideological Guidance for Alleviating the Developmental Deficit,” stated that promoting humanity’s common development is Socialist China’s political consciousness. Among other points, the article noted that Xi Jinping emphasized China’s desire to promote the realization of joint progress for every nation’s economy and society; Xi Jinping also desires to settle the problems brought by unequal development. Likewise, the article noted that the wealth disparity in many countries continues to grow. China thus advocates for a new development concept, which will provide ideological leadership for every country and enable them to respond to current developmental challenges.

     

    The second article, entitled “Contributing Chinese Wisdom in Order to Achieve Universal Security,” stated that the “Chinese security concept” has received universal praise from the international community for its righteousness, feasibility, and validity.  The article first discussed the border agreements and security arrangements that formed the SCO precursor, the Shanghai Five group. The article went on to discuss the values of the common SCO security system, later stating that history makes clear that previous models of military alliances and security systems do not work and the new Chinese concept is more practicable and effective. The final main paragraph reiterated the international approval of the Chinese concept; the article concluded by reiterating previous points and stating that security and stability are yearned for by the people.

     

    Additionally, a commentator series elaborated on various themes in his speech. The “Shanghai Spirit” is a major theme across the series; it is the primary focus of the first and second articles released. The third and fourth articles released also reference the “Shanghai Spirit”; however, these two articles also make reference to other topics related to the SCO such as the ‘three evils’ (三股势力) and the Belt and Road Initiative.

     

    Xinhua reported that Xi Jinping’s speech has been published as a book available for purchase at the Xinhua Bookstore.

     

    Take Xi Jinping’s Ecological Civilization Thought as A Guide: Resolutely Strike and Win the Pollution Prevention Battle   

    Qiushi Journal

    6.15  An article published in Qiushi by the Department of Ecology and Environment Party Leadership Group stated that “humanity must respect nature, conform to nature, and protect nature”  and that “damage done to nature is ultimately done upon humanity.” The article notes that the people hope to enjoy an increasingly beautiful ecological environment. In deeply studying and the implementing Xi Jinping’s ecological civilization thought, settling prominent ecological environmental issues is a priority area in regard to the people’s livelihoods, actively responding to the people’s thoughts, hopes, and worries. The entirety of ecological civilization should be jointly planned and construction of a clean and beautiful world was said to be a key element of promoting the construction of a community of shared future for mankind.

     

    Qiu Shi: Straighten Out The Communist Party’s Spiritual Backbone

    Qiushi Journal

     

    6.15  A commentary published in the Qiushi Journal under the pen name “Qiu Shi” (秋石), used by the Qiushi Editorial Board to convey the theoretical positions of the CCP Central Committee, condemned “hostile forces” that are against China’s continued development, as a divided, chaotic, and weak China accords with their interests. It argued that such forces’ Westernization and splittist strategies have never stopped for even a moment, pointing to peaceful evolution, historical nihilism, constitutional democracy, universal values, neoliberalism, and doubts over reform and opening up as evidence. The commentary criticized those who believe corruption is an indication of economic problems, stating corruption is in essence a major political problem instead. It warned Party members to be vigilant against the “hype” (热炒) describing Marxism as an outdated and useless theory and lambasted hostile forces for promoting the “China threat theory” (中国威胁论) whenever the country does something well and “China collapse theory” (中国崩溃论) whenever it encounters difficulties.

    UNITED FRONT WORK

     

    Minority Party Chairmen Publish Articles on Xi Jinping Thought, New Type of Party System

    Guangming Daily

     

    6.12-13  The chairmen of the PRC’s eight democratic parties and the All China Federation of Industry and Commerce published articles on Xi Jinping thought, China’s new era, and a “new type of party system” (新型政党制度) in Guangming Daily.

    China Democratic League Central Committee Chairman Ding Zhongli (丁仲礼) wrote an article in entitled “Comprehensively Understanding China’s Communist Party Leadership is Socialism with Chinese Characteristics Most Essential Characteristic.” Ding justified the point established in the title of his article using ‘historical’, ‘practical’, and ‘pragmatic’ rationales.

    China National Democratic Construction Association (CNDCA) Central Committee Chairman Hao Mingjin (郝明金) wrote an article entitled “Strengthen Political Party System Self Confidence, Strengthen The Development of a New-Era United Front.” Among other points, Hao noted that the CNDCA desires to strengthen members’ eagerness towards political ideology and strengthen their approval of the CCP and Socialism with Chinese Characteristics.  

     

    Jiusan Society Central Committee Chairman Wu Weihua (武维华) wrote an article entitled ‘Have a Clear Conscience in Contributions to the Era.’ Wu noted that members of the society must vigorously promote the Jiusan Society’s first-rate tradition of  ‘Patriotism, Democracy, and Science.”

    China Association for Promoting Democracy (CAPD) Central Committee Chairman Cai Dafeng (蔡达峰) wrote an article entitled “Understand The New Era, Adapt to the New Era.” Among other points, Cai noted that political parties have a fine tradition of self-education, however preserving the progressive mission is still an arduous task.


    Chinese Peasants and Workers Democratic Party (CPWDP) Central Committee Chairman Chen Zhu (陈竺) wrote an article entitled “Resolutely Practice the New Type of Party System’s Political Consciousness, Theoretical Consciousness, Operational Consciousness.” Among other points, Chen noted the need to “take the ruling party as a teacher, carry out self-revolution” (以执政党为师,进行自我革命).

    Revolutionary Committee of the Chinese Kuomintang (RCCK) Central Committee Chairman Wan Exiang (万鄂湘) wrote an editor’s commentary, originally published to the United Front News Wechat account, entitled “In Order to Persevere With and Develop Socialism with Chinese Characteristics, Consolidate Consensus and Consolidate Strength.” Among other points, Wan noted that conducting well the construction of socialist participating parties with Chinese characteristics has consistently been a research task for the RCCK.

    China Zhi Gong Party (CZGP) Central Committee Standing Deputy Chairman Jiang Zuojun (蒋作君) wrote an article entitled “Persist with and Develop a New Type of Party System.” Among other points, Jiang noted a need to take the CCP as a teacher and develop party members’ own revolutionary spirit.

    Taiwan Democratic Self-Government League (TDSGL) Central Committee Chairman Su Hui ( 苏辉) wrote an article entitled “Help Draw Forth The Largest Concentric Circle.” Su noted that assisting with the construction of a new type of party system is a historic task and necessary undertaking for the TDSGL.

    All-China Federation of Industry and Commerce (ACFIC) Chairman Gao Yunlong (高云龙) wrote about ‘grasping the correct political direction’ in order to make good work of united front tasks for the new era’s non-public economic domain. Gao stressed to start a new phase of  “two healths” (两个健康) work, which is the promotion of the healthy development of the economy and personnel in the “non-public” economic sector, through adhering to Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era. Gao, among other proposals, called for the acceleration of carrying out the reforms on ACFIC and its subordinate chambers of commerce in order to make new contributions toward building a moderately prosperous society in all respects.

    PARTY DISCIPLINE

     

    CCDI Publicly Exposes Eight Violations of the Eight-Point Guideline

    Central Commission for Discipline Inspection

     

    6.13  The Central Commission for Discipline Inspection (CCDI) published the names of eight Party leaders who violated the Eight-Point Guideline (八项规定), a set of discipline regulations imposed by Xi Jinping to bring Party leaders “closer to the masses.”  The CCDI reported that these examples demonstrate that there are still Party members that have a “weak awareness of discipline and rules,” and that there is still a need to rectify the “Four Forms” (四风) of formalism, bureaucratism, hedonism, and extravagance.   

     

    The eight leaders exposed as examples of violations are as follows:

    • Ningxia Hui Autonomous Region Party Committee Office Management Bureau Chief Wu Jibin (武晋斌), accused of illegally accepting public funds for a 2,480 yuan dinner and a 2,666 yuan banquet on separate occasions for his family and friends.

    • Former Henan Meteorological Bureau Party Secretary Zhao Guoqiang (赵国强), accused of accepting an “excessive official reception” (接受超标准公务接待问题).

    • A subdistrict Party work committee secretary in Jilin City, Liu Xianfeng (刘宪峰), accused of illegally using 11,300 yuan for meals.

    • Former Zhejiang Province, Wenzhou City, Ouhai District Bureau of Commerce Party Committee member Dai Weizhong (戴伟忠), accused of using public funds for tourist activities while on a business trip.

    • A subdistrict deputy Party secretary in Wuhan, Yi Ganjun (易干军), accused of using more than 10,000 yuan in public funds for eating and drinking.

    • Former Zhuzhou City Construction Development Group (株洲市城发集团) Deputy Party Secretary Liao Hui (廖晖), accused of illegal accepting 8,000 yuan, 7,000 yuan worth of gift cards, 17 high-end cigarettes, and a high-end women’s purse as gifts.

    • A village Party secretary in Sichuan Province, Wang Qingsheng (王清胜), accused of illegally receiving 2,200 yuan from villagers at his son’s wedding reception.

    • The former Party branch secretary of China Everbright Bank (CEB) Hohhot branch, Zhang Lijun (张莉军), accused of using public funds to pay for 26 employees to travel to Sri Lanka.

     

    Former China Insurance Regulatory Commission Chairman Pleads Guilty to Bribery

    Xinhua

     

    6.14  Former China Insurance Regulatory Commission (CIRC) Chairman Xiang Junbo (项俊波) stood trial for bribery at the Jiangsu Changzhou Intermediate People's Court. Prosecutors accused Xiang of using his various positions at the People’s Bank of China, Agricultural Bank of China, and CIRC to help organizations and individuals with project contracting, case handling, loan issuance, aptitude endorsement, and post promotion. He received money and gifts worth more than 19.4 million RMB either directly or through “a person of specific relation” Yang Guang (杨光) in exchange. Xiang pleaded guilty and showed repentance in his final statement during the trial.

     

    Supervision Law Explanation: Detention Period Work Requirements, As Well As Safeguarding Detainees Lawful Rights

    Central Commission for Discipline Inspection

    6.15  An explanation of the “detention period work requirements, as well as safeguarding detainees lawful rights” in the National Supervision Law was released by the CCDI. The key points published are as follows:

    After a person under investigation is detained (留置), the detainee’s family or work unit should be notified within 24 hours, except if it would interfere with an investigation through the destruction or forging of evidence, interference with witnesses, or collusion to fabricate a story. After potential obstructions to the investigation have dispersed, authorities should immediately inform detainee’s work unit and family members.

    The supervision departements should guarantee detainee’s food & drink, rest & safety, and offer medical treatment. Detainee interrogation sessions should have a rational planned time and duration, integrators’ notes should be read and signed by the detainee after the integration.  

     

    After detainees suspected of committing a crime are transferred to judicial authorities, the time spent under detention can be subtracted from their jail time.

    CENTRAL MILITARY COMMISSION (CMC)

     

    General Offices of the Central Committee, the State Council, and the CMC Jointly Released Guiding Opinions on Deeply Advancing the Work of Fully Ceasing Commercial Activities of the Military

    PLA Daily

     

    6.12  The General Offices of the Central Committee, the State Council, and the Central Military Commission jointly released guiding opinions on deeply advancing the work of fully ceasing the military’s commercial activities. The guiding opinions stressed that all commercial activities should be completely terminated by the end of 2018, eliminating projects that are merely for profit and deviate the military from its main duties in order to create advantageous conditions for the military to enhance its combat power. Additionally, the opinions stated that, after the commercial activities are ceased, projects that require the special abilities of the military for national development should be merged into the developmental system of civil-military integration.

    COMPREHENSIVELY DEEPENING REFORM

     

    After the Arrival of Article 48, “Cash Rebates” Disappear and Maximum Deposit Certificate Rates are Raised to 52%

    China Securities Journal

     

    6.12  On 8 June, the China Banking and Insurance Regulatory Commission (CBIRC) issued a notice on improving management of commercial bank deposits (关于完善商业银行存款偏离度管理有关事项的通知), also known as “Article 48,” which stipulated that banks must not take part in any of seven outlined illegal means by which of increasing deposits: (1) cash rebates (返利吸存), (2) third party intermediary deposits (第三方中介吸存), (3) delayed deposit repayment (延迟支付吸存) which includes forced denial of access to online banking, tellers or access to patrons’ deposits and interest, (4) transferring loans as deposits (以贷转存吸存), including requiring deposits as preconditions for loans and false loans to “empty accounts” (空户), (5) credit invoice based deposits (以贷开票吸存), where banks use loan funds as a margin to open and discount bank acceptance bills, (6) dumping financial products (通过理财产品倒存) as defined by the irrational nature of a product’s maturity design, and (7) interbank reverse loans (通过同业业务倒存). China Securities Journal reporters found that this year many banking institutions have received fines from CBIRC for illegal holdings falling under the above seven bans. Most of these have been small and medium sized banks.

     

    Securities Regulatory Commission: Introducing New Corporate Governance Rules To Take Effect Soon

    China Securities Journal

     

    6.12  Recently, the China Securities Regulatory Commission (CSRC) Chairman Liu Shiyu (刘士余) presided over a meeting listening to opinions and suggestions of 10 entrepreneurs toward the “Principles of Corporate Governance for Listed Companies (Revised Draft)” (上市公司治理准则(修订稿)). The Principles were written with the intent to combine the practical experience of corporate governance in China with internationally recognized corporate governance basic guidelines and will be released after fulfilling necessary legislative procedures. CSRC Vice Chairman Yan Qingmin (阎庆民) and Assistant Chairman Zhang Shenfeng (张慎峰) were also in attendance.

     

    Since 2002, the “Principles of Corporate Governance for Listed Companies” have played an important role in guiding standard operations and promoting a modern enterprise system. The new revised draft incorporates the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era so as to better face new problems and challenges. In the course of revising the draft, the article urged following the spirit of the 19th Party Congress as a guide, adhering to “the principle of people-centered development” (人民为中心的发展理念), and learning from the G20/OECD Principles of Corporate Governance.

     

    Businesses Encounter Difficulties Obtaining Credit: Over 200 Billion Issued Corporate Bonds are Canceled or Postponed

    China Securities Journal

     

    6.14 According to recently released statistics, in the first half of this year 255 bonds valued at approximately 230 billion RMB were canceled or postponed, with almost 120 billion yuan worth of bonds affected in April alone. Industry sources believe lower credit issuance is in line with a shrinking need for social financing, and a response to a greater degree of deleveraging as well as stricter financial supervision. This has increased the difficulty of issuing bonds for small and medium enterprises in particular. Since April, there have been more credit defaults creating a lower appetite for risk overall. Analysts believe that in the short term, the decreased appetite for risk will not be easily reversed but high-quality bonds in the future will increase.

     

    Xin Shiping: Financial Opening-Up Opens a Golden Door to the World  

    Xinhua

    6.14  A Xinhua commentary under the byline “Xin Shiping” (辛识平) discussed the 10th Lujiazui Forum (陆家嘴论坛) in Shanghai. The Lujiazui Forum, named after the financial district in Shanghai, brings together government officials, academics, and business leaders to discuss China’s financial reform and opening-up.  

    According to the article, the Lujiazui Forum sends a number of clear signals: China’s new round of financial opening-up is at a higher and deeper level and will open new spaces for high-quality development and global sustainable growth. The article noted that expanded opening-up of finance and unimpeded financial flows is advantageous in establishing an even more competitive market system and will promote high-quality development.

     

    The article noted Xi Jinping’s comment at the 2018 Boao Forum for Asia, where he stated “China’s Opening Door will not close and will only become wider!”

    INTERNATIONAL LIAISON WORK

     

    6.7-11  International Department Vice Minister Qian Hongshan (钱洪山) led a CCP delegation to Finland to attend the 77th party congress of the Centre Party. While there, the delegation separately met with Centre Party President and Prime Minister of Finland Juha Sipilä and Social Democratic Party leaders.

     

    6.11-13  International Department Assistant Minister Shen Beili (沈蓓莉) led a CCP delegation to Albania at the invitation of the Socialist Party of Albania (PS). While there, she separately met with the Chairman of the Parliament Gramoz Ruçi and leaders from the PS, Democratic Party of Albania, and Socialist Movement for Integration.

     

    6.12  International Department Vice Minister Xu Luping (徐绿平) met with the South African Ambassador to China Dolana Msimang.

     

    6.13  International Department Vice Minister Guo Yezhou (郭业洲) met with a Union Solidarity and Development Party (USDP) cadre study group from Myanmar led by USDP Central Executive Committee member Khin Yi.

    ORGANIZATION WORK

     

    6.11  Gao Peiyong (高培勇) was appointed vice president of the Chinese Academy of Social Sciences.

     

    6.12  Zou Jiayi (邹加怡) was appointed assistant minister of the Ministry of Finance and a member of its Party leadership group.

     

    6.14  Zhao Kezhi (赵克志) was appointed deputy secretary of the Central Political and Legal Affairs Commission.

     

    6.14  Shi Youqi (石佑启) was appointed president of the Guangdong University of Foreign Studies.

     

    6.14  The Supreme People's Procuratorate (SPP) made adjustments to its leadership group. Three of its officials received new appointments as a result. Chen Guoqing (陈国庆) was appointed deputy bureau-level special committee member of the SPP’s Prosecutorial Committee. Su Deliang (苏德良) was appointed assistant minister of the Ministry of State Security. Tong Jianming (童建明) was appointed member and secretary-general of Hebei’s provincial Party committee.

     

    6.15  Wang Lujin (王陆进) was appointed deputy head of the State Administration of Taxation. 

     

    6.15  Gao Jianming (高建明) was appointed deputy head of the State Administration of Radio and Television.

     

    6.15  Xu Jinghe (徐景和) was appointed deputy head of the China Food and Drug Administration.

     

    Image Source: Economic Times

     

     

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