China's Third Plenum: Xi Jinping between Market and Marxism:
The economy is sputtering and Xi Jinping is talking about the importance of Marxism ...
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China’s Plenum Seeks Balance Between Reform and ControlFrom July 15 to 18, party officials discussed China’s future economic and social direction.
- During the four-day third plenum, 199 Central Committee members and 165 alternates held deliberations.
- China’s economy expanded 4.7 percent in the second quarter, remaining below the official five-percent target.
- Xi links Marxism with national security and central control, while the article says more competition and international openness are needed.
- The communiqué issued Thursday called for reforms under centralized leadership but left specific economic measures unresolved.
We must unfalteringly uphold Marxism, which underpins the building of the Party and the country, and develop Marxism further without compromise, rooting it in the fertile historical and cultural soil of our country and our nation (...).— Xi Jinping; statement at a Politburo study session in 2023
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founding and ruling party of the People's Republic of China
major overhaul of a system considered wrong, corrupt, inadequate, insufficient, unsatisfactory or unsuitable for new uses
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