Yesterday the National Committee of People's Political Consultative Conference (CPPCC), urged all organizations and CPPCC members "to closely unite around the CPC Central Committee, headed by General Secretary Xi Jinping, to hold high the great banner of socialism with Chinese characteristics, and, according to the theory of Deng Xiaoping, the important idea of 'Three Represents' and the concept of scientific development, comprehensively to implement the spirit of the 18th CPC National Congress, the 3rd, 4th and 5th plenary sessions of the Central Committee of the CCP's 18th convocation, make joint efforts comprehensively to build a society of moderate means and realize the dream of the great rejuvenation of the Chinese nation,’’ the Xinhua news agency reported.
As suggested by professor of the Russian University of Peoples' Friendship Yuri Tavrovsky, now a new long-term period is beginning in the Chinese economy, politics and history: "Such periods usually last somewhere around 30 years in China. The first period lasted from 1949, when the Communists came to power, until 1978, when the period of Deng Xiaoping started. And now with the arrival of Xi Jinping to power, and it happened exactly three years ago, on March 14th 2013, a new period has begun.’’
According to the professor, the world is nervous about the pace of growth in China, because they are accustomed to the fact that China is a locomotive: ‘’There is such a big engine, there is smoke, it adds a lot of coal, wood, metal and thereby pulls the global economy. Nobody has thought about the price that China pays. The fact that those who throw a piece of coal earn little, and the smoke of the locomotive obscures the whole of China, there is no air to breathe. Xi Jinping was faced with the fact that, first, the engine power is decreasing: if the GDP growth rates were 10 to 10.5% previously, they fell to 6.9% the last year. And it is clear that the trend will continue in the decisions, it was stated in a speech of Li Keqiang, the Premier of the State Council of China that it will amount to 6.5 to 7% this year, and then, most likely, 6.5% "
Tavrovsky attributed this to the fact that China's economy is being rebuilt from servicing the world market to servicing the Chinese market, "Xi Jinping decided to think about the Chinese, China, now the engine of China's economy will be the domestic market. The Chinese consumers will dictate its terms And the world needs to... adapt to the new conditions. However, even 6.5% growth of the economy will provide more opportunities to participate in the Chinese economic miracle."
Yuri Tavrovsky urged to remember that China is transforming from an importer of capital and technology to an exporter. Not for nothing was the program ‘One Belt— One Way’ confirmed by other programs. ‘’We are at the beginning of a new phase, which will last for several decades. In the next five years the direction of the Chinese economy will change, so that then changing this line will not be possible. This period will last at least until 2049, when the implementation of the program ‘Chinese Dream’, a great revival of the Chinese nation will be finished. We are at the beginning of a 30-year cycle of Chinese development. This cycle in the history of China, which amounts to 5000 years, will be a period of prosperity."
