Xi inspects Guangdong and attends Shenzhen’s 40th anniversary grand gathering

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Xi waves to people while visiting a street lined with ancient memorial archways in Chaozhou.

Xi Jinping, general secretary of the Communist Party of China Central Committee, on Monday arrived in southern China’s Guangdong Province to begin an inspection tour of the province.

During an inspection of the People’s Liberation Army Marine Corps in Chaozhou, Xinhua said Xi told the soldiers to “maintain a state of high alert” and called on them to be “absolutely loyal, absolutely pure, and absolutely reliable.”

In the city of Chaozhou, Xi visited local cultural and historical landmarks, including an ancient bridge, an ancient gate tower and a street lined with ancient memorial archways, to check the restoration and protection of cultural relics, the inheritance of intangible cultural heritage and the development of cultural and tourism resources.

He later visited Chaozhou Three-Circle (Group) Co., Ltd., an electronic component and communication device manufacturer, learning about the company’s indigenous innovation, production and operation.

While inspecting the city of Shantou, Xi visited streets in an old downtown area that has witnessed the city’s opening-up history, and talked with local residents.

Xi Jinping will attend a grand gathering celebrating the 40th anniversary of the establishment of the Shenzhen Special Economic Zone (SEZ) on Wednesday morning.

Xi will deliver an important speech at the meeting in Shenzhen. The event will be broadcast live by China Media and simultaneously on major news websites.

China on Sunday unveiled a new comprehensive reform plan for Shenzhen to push high-quality development of the special economic zone and create a model city for a great modern socialist country.

The plan for 2020-2025, jointly issued by the general offices of the Communist Party of China Central Committee and the State Council, gives local authorities in Shenzhen a more direct and greater say in businesses, such as carrying out market-based economic reform, improving market and legal environments for global businesses, building a high-level open economy, providing service for people’s livelihood, bettering the ecological environment, and urban space.

Facing the headwinds of anti-globalization, China is sending a strong signal that the country keeps firm on carrying out reform and opening up further to the outside world through the new reform, analysts said.

Sources involved in the drafting of the plan said the key term of the reform is “comprehensive authorization,” which indicates Shenzhen will be directly authorized to take the lead in increasing institutional openness.

source: Xinhua


China celebrates 40th anniversary of Shenzhen Special Economic Zone

Xi Jinping on Wednesday urged Shenzhen to expand all-round opening up at a gathering celebrating the 40th anniversary of the establishment of the Shenzhen Special Economic Zone.

Hailing Shenzhen’s development over the past 40 years as “a miracle in the world development history,” Xi said the establishment of SEZs is a great innovative move made by the CPC and the country in advancing reform and opening up as well as socialist modernization.

Xi called for efforts to explore a more flexible policy system and a more scientific management system in terms of domestic and foreign trade, investment and financing, finance and taxation, financial innovation, as well as personnel exit and entry.

Foreign countries are welcomed to participate more in the reform, opening up and development of China’s special economic zones, Xi says.

Openness brings progress, while isolation leads to backwardness. China cannot develop in isolation from the rest of the world, and the world needs China for global prosperity, he added.

We have noticed that Xi coughed four times during his one-hour speech and  slowed his tone a couple of times, apparently not in very good health.

Updated October 14
Edited by staff

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