Chinese leader Xi Jinping claimed the main character of the present world is a “chaos” that has been unseen in the past hundred years, and the current timing and circumstances in the world all favor China and can help the Chinese Communist Party (CCP) to reach its goal—to dominate the world.
Xi explained that the chaos was created by the COVID-19 pandemic. Xi didn’t say clearly how China has the favorable situation, but he delivered the message that China has curbed the outbreak successfully while the majority of countries in the world have been damaged and are suffering badly from the pandemic. He reasoned that this is why China holds the favorable situation.
“In response to the global pandemic of the novel coronavirus, it shows immediately which country’s leadership and political system is good,” Xi said.
This is the first time that Xi made his “self-confidence” public, which echoed recent words from other Chinese officials. Chinese officials are proud that the pandemic started in China, but left China.
Xi’s Speech
Xi’s ambitious speech was delivered to all provincial or higher-ranking officials at a seminar in Beijing on Jan. 11, and was first published in the state-run magazine Qiushi on April 30.The core of this over 11,000 words’ speech is that Xi taught the regime to grab the chance of the chaotic world, and realize the CCP’s strategic target—the “Two Centenaries.” Xi said he believed the CCP owns “the [world’s] timing and situation. This is why we are unmoved and emboldened, and [it is] the foundation of our determination and confidence.”
In the speech, Xi explained where his “Chinese self-confidence” comes from.
“China has become the world’s second-largest economy, the largest industrial country, the largest foreign trade state, and owns the largest foreign exchange reserve,” Xi said, listing the achievements of the regime under his control.
He then talked about the world’s circumstances.
To grab the opportunities, Xi asked all CCP members to “use all positive factors that we can motivate, unify all forces that we can reach, try our best to do the job well, and with perseverance to achieve our set goals.”
After a lot of theoretical content and Marxist ideologies, Xi reiterated and explained his “double circulation” economic development.
Double Circulation
The Chinese regime first officially revealed its double circulation strategy in May 2020, in which it would form a new development pattern with “internal circulation”—the domestic cycle of production, distribution, and consumption—as the main body, and “external circulation”—the international cycle of production, distribution, and consumption—as support.In this January speech, Xi gave more details of the double circulation.
“In recent years, the global economy has been anti-globalized, and the international economic cycle pattern has undergone in-depth adjustments. The COVID-19 pandemic intensified the trend of anti-globalization, and every country is more taking care of themselves,” Xi said.
Xi said he visited eastern China’s Zhejiang, a province that relies on exporting, from the end of March to early April in 2020 and saw local factories couldn’t import raw materials from overseas nor export goods due to the pandemic, which caused a large number of factories to stop production or even close.
As Xi said, China is the world’s largest foreign trade country and the Chinese economy relies on exports. The pandemic damaged other countries’ economies that then cut off imports. Consequently, China lost its economic pillar—foreign trade.
Xi Jinping’s “internal circulation” is a method for the Chinese economy to survive.
However, the majority of Chinese people are poor and China’s domestic purchasing power is weak. Xi has to emphasize the “external circulation,” which is the pillar to support the Chinese economy.
In the speech, Xi said: “We must perform a deep level opening to the foreign market … improve the efficacy and technology level of internal circulation by adopting the standards of external circulation … increase the competitiveness of our exported products and services … enhance our influence in the global industrial chain, supply chain, and innovation chain.”
In fact, Xi knows the weaknesses of the Chinese economy, as well as the political system.
He said in the speech: “China’s labor cost has kept on increasing. China’s resources and the environment’s carrying capacity have reached a bottleneck,” meaning they have reached their limit and can’t support more.