Friday, August 28, 2020

China's Nine Wise Men Have Assembled To Tell President Xi What Economic Policies He Should Follow

Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, chairs a symposium on economic and social work in Beijing, capital of China, August 24, 2020. Photo: Xinhua/Li Xueren

SCMP: China’s economic future is being influenced by nine economists, but what did they tell Xi Jinping this week?

* Chinese President Xi Jinping met with nine prominent economists this week to help with the development of the 14th five-year plan for 2021-25 which is due next year
* Each of the economists has advocated specific policies that could shed light on Beijing’s policy priorities in the years ahead

President Xi Jinping this week assembled a group of nine economists as part of the process for the development of Beijing’s strategy for the next five years, with a new approach to urbanisation, addressing the rapidly ageing of the population and moves to catch up to the west in technological areas seen to be high on the list of economic and social priorities.

The writings and public statements of the nine prominent Chinese economists, who were invited to speak at symposium chaired by Xi,
help shed light on the Chinese leader’s thinking about the country’s future, according to analysts and state media reports, as China focuses on how it will survive and thrive in a more hostile world.

The 14th five-year plan, which will cover 2021-25, will not be published until next year.

Read more ....

WNU Editor: I do not have to be there to know exactly what these nine economists are telling Chinese President Xi. We can list our priorities and policies on what needs to be done, but we should best wait until after the US Presidential election to present our final draft. In short. They are going to prepare two possible five-year plans. One if President Trump is re-elected. Another if Joe Biden is elected President. Of the two, I am willing it is a no brainer to me that they are hoping that Joe Biden wins.

On a side note. As you can see in the above photo.  President Xi is pulling a President Trump. Everyone must wear a mask but me.

2 comments:

Anonymous said...

China faked their data again.

They don't have 9 wise men. They faked it by 20% and only have 7 wise men. That's less than one half of one standard Elon, when he's hung-over and feels like having a dumbed down day solving gravity and the square root to infinity :D

I feel confident that whatever China comes up with next, we probably have seen it coming for a decade, that's why Trump is in office and we have partnered with Japan. Japan has the mighty Godzilla on its side! RrrAAAWWWRRHhhr!! And... if things get -really- messy, we'll call in ze Germans. But let's hope the Chinese come to their senses beforehand. ;)

Anonymous said...

Chinese wont come to their senses beforehand. we should know that.