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The Chinese Communist Party on Thursday passed a resolution that essentially puts President Xi Jinping in the same category as Deng Xiaoping and Mao Zedong, while cementing his power in the country.
Qu Qingshan, a senior party official, told a press conference on Friday that the resolution will help the CCP “to achieve future progress” and to realize “the second centenary goal” for the country’s rejuvenation.
Xi’s stated first goal was to take financial measures to spread the wealth throughout the country so that everyone can become a “moderately prosperous” society by 2021, and the next objective will be to be a “fully developed, rich, and powerful” country by 2049.
The resolution was announced after a four-day closed-door meeting in the country’s capital.
“If Mao made China stand up and Deng Xiaoping made it rich, it seems like Xi Jinping sees himself making China a global power,” Alex Dukalskis, an associate professor at the school of politics and international relations at University College Dublin, told The Independent. The report pointed out that Xi is only 68 so he will likely be in power for years.
Xi has already abolished the presidential term limit back in 2018 and this latest resolution was seen to only increase his power.
The Atlantic reported that Xi’s administration has enacted the “most concerted government campaign to assert control over society in decades,” and pointed to restrictions that were recently put on the amount of time children can play video games and when. (Three hours per week, with designated times.)
“Yet in many respects, the underlying thrust of Xi’s campaign—toward greater state control—is a reversal of the winning formula of recent decades, and risks undercutting the entrepreneurship and innovation needed to propel the economy forward,” Michael Schuman, the nonresident senior fellow at the Atlantic Council’s Global China Hub, wrote. “If Xi’s new society fails to take China to the next economic level, the country’s ambition to supplant the United States as the world’s dominant superpower will flounder as well, with possible negative consequences for Xi and the Communist regime.”
TREND FORECAST: Whatever challenges Xi and China face, minus a wild card event, will prove to be only minor speedbumps to China’s advancing position in the world. As Gerald Celente has said, the trend is undeniable: there is an inverse ratio between the decline of America and the rise of China.
This is not a new forecast from Trends Journal; see “CELENTE ON CHINA’S RISE, AMERICA’S DECLINE” (29 Nov 2017). China’s economy may suffer a slowdown; it might even be a strategic move, deliberately imposed—see “CHINA’S ECONOMY SLOWING?” (28 Sep 2021)—but it will be temporary. China’s economy, and its influence, is still on track to overtake that of the U.S., and while that momentum will slow, it will not stop.
TRENDPOST: The Trends Journal has reported on the formative presidency that Xi had in the country. (SEE: “SPOTLIGHT CHINA. CRASH COMING? RECOVERY AHEAD?,” “TOP TRENDS 2021: THE RISE OF CHINA.”)