Beijing concluded its top political meeting, the Third Plenary Session of the Chinese Communist Party (CCP), on July 18 with no new ideas. China’s state-run media also removed a 10,000-word article that glorified the Chinese leader, which it initially published on the first day of the meeting.
The four-day conclave was initially scheduled for the fall of 2023 but was delayed by nearly a year. The third plenary, or plenum, held every five years, is often used to introduce major reforms and address critical issues. Historically, it has been the stage for landmark policy changes, such as Deng Xiaoping’s introduction of the “reform and opening up” policy in 1978, which transformed China’s economy.
This year’s meeting was expected to address three main issues: how to respond to China’s economic crisis, especially in the financial system; personnel adjustments in the Party and government; and how to deal with embattled Central Committee members such as former Foreign Minister Qin Gang and former Defense Minister Li Shangfu.
No New Ideas
On the evening of July 18, state-run media Xinhua published a 5,000-word communiqué of the meeting. It outlined several “goals,” including addressing risks in key areas such as the real estate market, local government debt, and small and medium-sized financial institutions, boosting domestic demand, reforming the medical and health care system, and improving income distribution. Analysts criticized the third plenum for lacking new ideas and said it echoed previous official documents.China expert and analyst Chen Pokong recently said in his YouTube program that the communique repeated phrases that the CCP has used in recent years. Despite the nine-month delay, there were no significant policy shifts or new concepts introduced.
In an interview with The Epoch Times on July 19, commentator Tang Jingyuan said that the communiqué seemed devoid of novelty, which is what Chinese leader Xi Jinping needs, he said.
Mr. Tang said that while many people at home and abroad hoped Xi would introduce economic policies reminiscent of Deng’s “reform and opening up,” Xi remains opposed to such changes.
Xinhua Feature Article Retracted
On July 15, the first day of the third plenum, Xinhua published a 10,000-word article titled “Reformer Xi Jinping.” The article called Xi’s rule a ”new era of reform“ and declared that China is ”now at a critical period for accelerating a new round of reform.” It praised Xi as another “outstanding reformer” after Deng, claiming that he had inherited and expanded on Deng’s work, enabling China to “continue its economic miracle” and create a so-called “new form of human civilization.”Mr. Tang said the withdrawal of the feature article reflects the struggle between Deng’s line and Xi’s line becoming public. Xi’s goal is not to continue Deng’s “reform and opening-up” policy but to take a different path. In this context, the Xinhua article effectively served as a covert criticism of Xi, leading to its removal.
Mr. Tang said Xi’s idea of “self-reliance” means decoupling from the West and building an independent economic and technological system. His “confidence” lies in his belief that the policies of increasing state control over the economy and returning to a planned economy are correct, and he is very confident in this direction.