China names Xi Jinping loyalists to the core leadership group

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

Noel Siles | AFP | Getty Images

Beijing – Chinese President Xi Jinping He broke Sunday’s precedent by paving the way for his third term as president, and the possible appointment of a prime minister with no prior experience as deputy prime minister.

Li Qiang, Shanghai’s party secretary, dropped out as second behind Xi at a meeting with the press on Sunday. Li is a well-known Xi loyalist who oversaw strict Covid controls in Shanghai earlier this year.

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

Outgoing Prime Minister Li Keqiang came out second behind Xi in a similar meeting with the press after the conclusion of the Party’s 19th National Congress in 2017.

Since Li Keqiang, all but the first prime ministers in modern China have previously held the position of deputy prime minister. but, According to a biography of state media, Li Qiang has never held the position of Vice Premier of the State Council.

In addition to Xi and Li Qiang, five other individuals have been appointed to the new Politburo Standing Committee, the core department of power in the ruling Communist Party of China: Zhao Leji, who heads party discipline; Wang Huning, known for his work in the field of ideology; Beijing Party Secretary Tsai Chi; Deng Shuixiang, known as Xi’s chief of staff, and Li Xi, Guangdong Party Secretary.

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

Noel Siles | AFP | Getty Images

In Sunday’s remarks, Xi stressed the party’s leadership on “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. Xi claimed that China will open its doors “more broadly” and that the country will “deepen reform and opening-up in all fields and strive for high-quality development.”

Four of the previous seven members of the Politburo Standing Committee did not make a list New members of the Central Committee announced Saturday. The only three remaining were Shi, Wang Huning, and Zhao Lijie.

This Central Committee determines the primary leadership – the Politburo and its Standing Committee.

China’s high-level economic policy is largely determined by the members of the Politburo. However, Li Keqiang was an official face and implementation leader in his role as prime minister and premier of the State Council, China’s highest executive body.

Xi holds three key positions: General Secretary of the Communist Party of China, Chairman of the Central Military Commission, and President of China. Xi paved the way for an unprecedented third five-year term as president with constitutional changes in 2018.

In addition to purging alleged officials, Shi strengthened his power over the past decade with groups that have gone beyond the prime minister’s typical responsibilities in making economic policy, Reuters noted.

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Notable prime ministers who remained on the party’s new Central Committee list include:

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

He was also appointed to the NDRC in the new Politburo.

Some of the Central Committee appointees have experience in finance and local government, said Bruce Pang, chief economist and head of research for Greater China at JLL, noting that “the change will not lead to drastic changes in China’s overall policies.”

“We expect the policy focus will not be on launching new incentives, but on implementing and allowing existing policies to be implemented,” Pang said. Therefore, boosting domestic demand to support jobs remains essential.”

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

Emphasis on security and quality

Xi’s opening speech at the 20th CPC National Congress He emphasized China’s greater focus on national security and “high-quality” growth. In fact, this means a shift away from the high-speed growth of the past decades China is facing a “new situation to attract foreign investment”. An official in the economic planner said.

While Xi’s report to the conference provides a “strong message of policy continuity,” Gabriel Wildau, managing director of consultancy Teneo, said in a note that there are competing goals and that some types of economic growth are preferred over others.

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

Xi also stressed the need for unity within the CPC for Achieving “national renewal”. The Twentieth National Congress, which concluded on Saturday, approved the amendment of the national constitution to Incorporating more “Think Shi”, according to state media.

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