. Energy News .




SINO DAILY
Xi's Shenzhen visit a sign of reform: Chinese media
by Staff Writers
Beijing (AFP) Dec 10, 2012


China's new Communist Party chief Xi Jinping has signalled his commitment to push for economic reforms by visiting the city of Shenzhen, the historic hub of modernisation, state media said Monday.

Xi's trip, his first official one as ruling party leader, echoed a visit by then-leader Deng Xiaoping to the southern boomtown in 1992 to revive reforms.

Deng had launched China's economic modernisation more than three decades ago under the slogan "Reform and Opening".

According to analysts the pace of restructuring has slowed in the last decade under outgoing leader Hu Jintao, but Xi's choice of destination sent a clear signal.

"The party Central Committee's decision to undertake Reform and Opening was correct," Xi said, according to the Nanjing Daily.

"We will continue down this path, unswervingly continue down the path of enriching the country and the people, and will break new ground."

Authorities stressed their commitment to reform during the once-a-decade party leadership handover last month that put Xi in the top spot.

They face growing calls to realign the economy to ensure long-term growth, by reducing reliance on investment and exports and boosting domestic consumption.

Growth slowed to a three-year low of 7.4 percent in the third quarter of this year, hit by the global economic slowdown. Leaders have warned that the past years of dramatic double-digit growth are unlikely to return.

"It is high time the Party stepped up reform and opening up," the Global Times quoted Huang Weiping, director of the Contemporary Chinese Politics Research Institute at Shenzhen University, as saying.

"And Xi chose to visit Shenzhen now because he is aware that China has just experienced a major crisis, and crisis always drives further reforms."

Xi is due to take over as national president in March.

Shenzhen served as an early "special economic zone" in the 1980s, a laboratory of sorts as the communist country began to seek foreign investment.

The experiment transformed it from a small village bordering Hong Kong to a bustling modern city and helped initiate years of roaring growth for the country.

During his trip late last week Xi visited a fishing village and an industrial park which is home to the IT giant Tencent Technology, the China Daily reported. He also laid flowers at a statue of Deng in a park.

.


Related Links
China News from SinoDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Get Our Free Newsletters
Space - Defense - Environment - Energy - Solar - Nuclear

...





SINO DAILY
Nobel laureate Mo Yan takes swipe at critics in lecture
Stockholm (AFP) Dec 07, 2012
Chinese Nobel literature laureate Mo Yan on Friday took a swipe at his critics in the traditional Nobel lecture, saying their target "had nothing to do" with him and urging them to read his books. The writer has walked a tightrope during his stay in Stockholm, where he will pick up the award on Monday, with some pundits supporting his own claims that he is "independent", and others casting h ... read more


SINO DAILY
NASA-NOAA Satellite Reveals New Views of Earth at Night

Skybox Imaging Completes Significant Testing Milestone Preceding its First Satellite and Product Launch

First-ever hyperspectral images of Earth's auroras

URI oceanography student uses crashing waves on shorelines to study Earth's interior

SINO DAILY
Third Galileo satellite begins transmitting navigation signal

Retired GIOVE-A satellite helps SSTL demonstrate first High Altitude GPS navigation fix

GTX Gets Approval For Custom Two-Way GPS Tracking Devices On Planes

East Riding Of Yorkshire Council Selects Ctrack For Specialist Vehicle Tracking Solution

SINO DAILY
As Amazon urbanizes, rural fires burn unchecked

Global drive in support of Brazil's threatened Awa tribe

World's biggest, oldest trees are dying: research

'Come out of the forest' to save the trees

SINO DAILY
Plastic packaging industry is moving towards completely bio-based products

Gases from Grasses

Garbage bug may help lower the cost of biofuel

Tiny algae shed light on photosynthesis as a dynamic property

SINO DAILY
Japan researchers invent solar-cell fabric

Verengo Solar Top 100 "Hire Power" Job Creators

Emerson's Ovation technology to help optimize dispatch at solar operation in California

Hanwha SolarOne Signs South Africa's Largest Ever Solar Deal

SINO DAILY
Wind speeds in southern New England declining inland, remaining steady on coast

Ground broken on Irish Midlands wind farm

GE, MetLife and Union Bank Invest in Kansas Wind Farm

Brazil advances wind power development

SINO DAILY
China mine blast kills 17: state media

China mine blast toll rises to 23

China mine blast kills 18: state media

US shale gas drives up coal exports

SINO DAILY
China gives hijackers death sentences

Two Tibetans die in latest self-immolations

Death for three Xinjiang plane hijackers: China media

China government church strips Shanghai bishop of title




The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement