Subscribe free to our newsletters via your
. Space Travel 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








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
SPACEX Awarded Two EELV Class Missions From The USAF

Russia Set to Launch Telecoms Satellite for Gazprom

Sea Launch Delivers the EUTELSAT 70B Spacecraft into Orbit

S. Korea readies new bid to join global space club

SINO DAILY
Orbiter Spies Where Rover's Cruise Stage Hit Mars

NASA to send new rover to Mars in 2020

Safe Driving on Mars

Ancient Mars May Have Captured Enormous Floodwaters

SINO DAILY
NASA's GRAIL Creates Most Accurate Moon Gravity Map

Chinese astronauts may grow veg on Moon

WSU researchers use 3-D printer to make parts from moon rock

China's Chang'e-3 to land on moon next year

SINO DAILY
Halfway Between Uranus and Neptune, New Horizons Cruises On

Dwarf planet Makemake lacks atmosphere

Keck Observations Bring Weather Of Uranus Into Sharp Focus

At Pluto, Moons and Debris May Be Hazardous to New Horizons Spacecraft During Flyby

SINO DAILY
Astronomers discover and 'weigh' infant solar system

Search for Life Suggests Solar Systems More Habitable than Ours

Do missing Jupiters mean massive comet belts?

Brown Dwarfs May Grow Rocky Planets

SINO DAILY
N. Korea replacing faulty rocket stage: report

N. Korea completes installing rocket: report

S. Korea postpones rocket launch to 2013: official

N. Korea installs rocket on launch pad: report

SINO DAILY
Mr Xi in Space

China plans manned space launch in 2013: state media

China to launch manned spacecraft

Tiangong 1 Parked And Waiting As Shenzhou 10 Mission Prep Continues

SINO DAILY
What is Creating Gullies on Vesta?

Heliophysics Nugget: Sungrazing Comets as Solar Probes

Asteroid dust from space

Nine Radar Images of Asteroid 2007 PA8




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - 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