Posts tagged ‘economy’

Friday, April 22, 2016

The Mass Line and the Common Netizens: Where You go, We will go (to Listen to You and to Correct You)

An apparently centrally compiled news article on Tuesday, published or aired by Xinhua newsagency and CCTV‘s Xinwen Lianbo evening news among other media outlets, provided details from a Central Leading Group for Internet Security and Informatization conference in Beijing on Tuesday morning. The session was chaired by Xi Jinping (referred to in the article in his capacities as secretary-general, state chairman, central military commissions chairman, and central lading group for internet security and informatization group leader), and the list of attendants included both his informatization group deputy leaders Li Keqiang and Liu Yunshan, other leading party members, and/or experts or stakeholders like Wu Manqing (吴曼青, a Chinese Academy of Engineering fellow as well as a chief engineer at China Electronics Technology Group Corporation), and Jack Ma (马云), Alibaba Group CEO.

As China Media and Copyright notes, the full text of Xi Jinping’s speech wasn’t published, but the blog, apparently run by a Dutch Master of Chinese studies, provides a full translation of the a/m news article. The newsarticle had also caught the attention of The Independent and Reuters.

From the article, as translated by China Media and Copyright:

Xi Jinping pointed out that our country has 700 million netizens; this is an extraordinary number, and an extraordinary achievement. Our country’s economic development has entered a new normal, the new normal requires new drivers, and the Internet can have great potential in this area. We must strive to promote the converged development of the Internet and the real economy, let information flows drive technology flows, financial flows, talent flows and material flows, stimulate the optimization of resource allocation, stimulate the increase of productivity of all factors, and let it play a positive role in promoting innovation and development, transforming economic development methods, and adjusting economic structures.

习近平指出,我国有7亿网民,这是一个了不起的数字,也是一个了不起的成就。我国经济发展进入新常态,新常态要有新动力,互联网在这方面可以大 有作为。要着力推动互联网和实体经济深度融合发展,以信息流带动技术流、资金流、人才流、物资流,促进资源配置优化,促进全要素生产率提升,为推动创新发 展、转变经济发展方式、调整经济结构发挥积极作用。

[…]

Xi Jinping pointed out that we must build a good online ecology, and give rein to the network’s role in guiding public opinion and reflecting the popular will. To realize the “Two Centenaries” struggle objective, it is necessary that all of society acts with one heart in all aspects, and it is necessary that the people of all ethnicities in the entire nation think in the same direction, and devote their energies in the same direction. Netizens come from among the common people, once the common people went online, popular sentiment also went online. Wherever the masses are, there our leading cadres must go as well. All levels’ Party and government bodies, as well as leading cadres, must learn how to march the mass line through the network, regularly go online to look around, understand what the masses think and want, collect good ideas and good suggestions, and vigorously respond to netizens’ concerns, relieve their doubts and dispel their worries. With regard to the broad netizens, we must have more tolerance and patience, we must timely take up constructive opinions, we must timely help where there are difficulties, we must provide timely propaganda and explanation to those who don’t understand the situation, we must timely clear up matters for those with muddled understandings, we must timely resolve grievances and complaints, we must timely guide and correct mistaken viewpoints, to let the Internet become a channel to understand the masses, stay close to the masses, and get rid of worries and overcome difficulties of the masses, and let it become a new channel to carry forward the people’s democracy and accept the people’s supervision. To those online criticisms that stem from good intentions, to Internet supervision, regardless of whether they concern Party or government work, or whether they concern leading cadres individually, regardless of whether they are gentle and mild or whether they are hurtful truths, we must not only welcome them, we must also earnestly study and learn from them.

习近平指出,要建设网络良好生态,发挥网络引导舆论、反映民意的作用。实现“两个一百年”奋斗目标,需要全社会方方面面同心干,需要全国各族人 民心往一处想、劲往一处使。网民来自老百姓,老百姓上了网,民意也就上了网。群众在哪儿,我们的领导干部就要到哪儿去。各级党政机关和领导干部要学会通过 网络走群众路线,经常上网看看,了解群众所思所愿,收集好想法好建议,积极回应网民关切、解疑释惑。对广大网民,要多一些包容和耐心,对建设性意见要及时 吸纳,对困难要及时帮助,对不了解情况的要及时宣介,对模糊认识要及时廓清,对怨气怨言要及时化解,对错误看法要及时引导和纠正,让互联网成为了解群众、 贴近群众、为群众排忧解难的新途径,成为发扬人民民主、接受人民监督的新渠道。对网上那些出于善意的批评,对互联网监督,不论是对党和政府工作提的还是对 领导干部个人提的,不论是和风细雨的还是忠言逆耳的,我们不仅要欢迎,而且要认真研究和吸取。

Much of the news article reflects comments by Xi Jinping about global competition and China’s position there, and even expresses an interest in foreign talents, in that not only we welcome foreign Internet enterprises, as long as they abide by our country’s laws and regulations, but

We must establish flexible talent incentive mechanisms, let talent making contributions feel a sense of achievement and a sense of gain. We must build talent structures and systems with global competitiveness. Regardless of from which country or region they come, as long as they are excellent talents, they will be usable to us.

要建立灵活的人才激励机制,让作出贡献的人才有成就感、获得感。要 构建具有全球竞争力的人才制度体系。不管是哪个国家、哪个地区的,只要是优秀人才,都可以为我所用。

As usual, Xi is presented as a people person, and his academic and professional interlocutors play along pretty well in the CCP choreography:

Xiao Xinguang shaking hands with Xi Jinping

Click above picture for video

Xiao Xinguang in particular can hardly secede from part with his secretary-general.

And Tang Xujun (唐绪军), head of the news and propagation research institute at the Chinese Academy of Social Sciences, counted himself lucky to have been there, as he wrote in an article for People’s Daily:

I was fortunate to attend the Internet Security and Informatization conference chaired by secretary-general Xi Jinping, and, with my own ears, listen to secretary-general Xi Jinping’s important speech, from which I benefitted. As an internet and new media researcher, I was deeply impressed by secretary-general Xi Jinping’s elaboration detailed remarks concerning the construction of a good internet ecology and guidance of public opinion, and [the internet’s] reflection of the popular will.

有幸参加了4月19日习近平总书记主持的网络安全与信息化工作座谈会,亲耳聆听了习近平总书记的重要讲话,受益匪浅。作为互联网和新媒体的一个研究者,我对习近平总书记关于要建设网络良好生态,发挥网络引导舆论、反映民意作用的阐述印象深刻。

What is the popular will? Although academic views of the definition of popular will are varied, with different emphasis, there is this fundamental consensus: the popular will is the masses’ public expression, in particular places at particular times, of basically unanimous viewpoints and opinions concerning particular public affairs. [Popular will] is a form of democracy.

什么是民意?尽管在学界对民意的定义五花八门,各有其强调的重点,但基本一致的共识是:民意就是人民群众在特定的时空,对特定的公共事务公开表达的基本一致的观点和意见,它是一种民主的形式。

The Chinese Communist Party is the vanguard of the Chinese working class guided by Marxism. It’s objective is to wholeheartedly serve the people. Therefore, it pursues no personal interests. As early as in 1945, Mao Zedong, answering Huang Yanpei‘s question about how the CCP could escape the [defining treadmill of successive dynasties- my interpretation of 历代王朝兴亡周期率问题], pointed out that “we have already found a new road. It’s democracy. Only when you let the people supervise government, the government will not dare to become compacent. Only when people assume responsibilities, the problem of good governance dying with its founder will no longer emerge. From there onwards, all generations of CCP leaders have always emphasized the mass line of listening to the voice of the people, and to undertake great work to investigate and research its manners. [This last sentence is my very vague and hardly accurate translation of what it probably means – JR.]*)

Since the CCP’s 18th national congress, the CCP’s central committee with Xi Jinping as the secretary-general, mass line education and practice has become a more important starting point for the new era’s state affairs management, with the people at the center, listening to the popular will, and being in tune with the popular sentiment.

中国共产党是以马克思主义为指导的中国工人阶级的先锋队,其宗旨是全心全意为人民服务,因此她没有自己的私利。早在1945年,毛泽东在答黄炎培关于 中国共产党如何跳出中国历史上历代王朝兴亡周期率问题时就指出:“我们已经找到新路,我们能跳出这周期率。这条新路,就是民主。只有让人民来监督政府,政 府才不敢松懈。只有人人起来负责,才不会人亡政息。”从那以后,中国共产党的历代领导人都始终强调“倾听人民的呼声”“大兴调查研究之风”“走群众路 线”。党的十八大以来,以习近平为总书记的党中央更是以“群众路线教育实践活动”作为新时期治国理政的抓手,一切以人民为中心,听从民意、顺应民情。

Tang tries to reconcile the variety of opinions expressed on the internet with the party’s goals by basically re-stating Xi Jinping’s demand that it is necessary that the people of all ethnicities in the entire nation think in the same direction, and devote their energies in the same direction (see blockquotes further above), and that cadres listen to online opinions.

The internet being the biggest variable (最大变量) party cadres face, the internet must be “embraced” to achieve the “postitive energy” [do a browser search →there] mentioned by Xi Jinping, writes Tang.

All the same, Tang seems to like his secretary-general better than the internet and, in perfect internet-ecological terminology, expresses his misgivings about the latter:

This particular feature of the internet [that everyone can be a communicator] has greatly widened individuals’ and all kinds of societal organizations’ channels of expression. Any individuals’ or groups’ information and opinion can disseminate quickly and broadly, and even exceed the disseminational and expressonial powers of traditional media. A tiny event can become big through the internet, and an incident with great influence on the real world, and some grass swaying in the wind online may affect social stability online.

互联网的这种特性,极大地拓宽了个人及各种社会组织的表达渠道,某些个体和团体的信息传播与意见表达可以更迅捷地广泛扩散,甚至具有乃至超过传统媒体 的传播力和表达力。一个微小的事件通过互联网的放大,有可能成为现实中的一个影响巨大的事件,线上的风吹草动也可能影响到线下的社会稳定。

The answer? The main point in “guidance of public opinion” by the respective party and government levels, according to Tang, is to seize (issues? movements?) in a timely manner, while they are still small (因此,各级党和政府应对网上民意、引导网络舆论最重要的就是要做到“及时”, 抓早抓小).

Countless incidents in recent years have restated one lesson over and over again: delayed responses have lead to loss of control. Another point is categorized treatment [of online events]. The demands from the masses are various. There are reasons for all of them – the constructive and interest-led ones, the ridicule, and the angry ones. As service providers, all party and government levels must have a focused “fitting key” [for all situations], to respond in an appropriate way.

近几年无数网络事件反复验证了一个教训:贻误时机往往就意味着失控。其次是要分类对待。人民群众的诉求各种各样,有提出建议性意见的,有维护个 人权益的,有吐槽的,有骂娘的,各有其缘由。作为服务者,各级党和政府就必须有针对性地“一把钥匙开一把锁”,做到应对有方,举措得当。

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Notes

*) Two notes here.

  1. The last above sentence is a very vague and hardly accurate translation of mine – corrections and suggestions to improve it are welcome.
  2. What Tang Xujun refers to as Mao’s reply to Huang Yanpei is translated as the “Cycle” conversation in this Wikipedia article [accessed April 22]:

In 1945, Huang travelled to Yan’an to meet Mao Zedong and they had a conversation. In this dialogue, Huang noted that history is a testament to an observation that no form of government — an empire, a kingdom, a republic, and so on — had ever been able to break out of a cycle of rise and fall.

Huang said,

I’ve lived for more than 60 years. Let’s not talk about what I’ve heard. Whatever I saw with my own eyes, it fits the saying: “The rise of something may be fast, but its downfall is equally swift.” Has any person, family, community, place, or even a nation, ever managed to break free out of this cycle? Usually in the initial stage, everyone stays fully focused and puts in his/her best efforts. Maybe conditions were bad at the time, and everyone has to struggle to survive. Once the times change for the better, everyone loses focus and becomes lazy. In certain cases, as it has been a long time, complacency breeds, spreads and becomes a social norm. As such, even if the people are very capable, they can neither reverse the situation nor salvage it. There are also cases where a nation progresses and prospers — its rise could be either natural or due to rapid industrialisation spurred by the yearning for progression. When all human resources have been exhausted and problems crop up in management, the environment becomes more complicated and they lose control of the situation. Throughout history, there are various examples: a ruler ignores state affairs and eunuchs use the opportunity to seize power; a good system of governance ceases to function after the person who initiated it dies; people who lust for glory but end up in humiliation. None has managed to break out of this cycle.

Mao replied,

The people form the government; the government is the nation’s body. A new path lies ahead and it belongs to the people. The people build their own nation; everyone has a role to play. The government should pay attention to the people and the political party should perform its duty to its utmost and govern with virtue. We will not follow in the footsteps of those before us who have failed. The problem of a good system of governance ceasing to function after its initiator’s death can be avoided. We’ve already discovered a new path. We can break out of this cycle. This new path belongs to the people. The government will not become complacent only if it is under the supervision of the people. If everyone takes responsibility, a good system of governance will prevail.

Footnotes and the translated text can be found →there.

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Related

→ Successes to the Grassroots, January 29, 2014
→ Open the Skies for the Young, May 5, 2013
→ Become a Network Security Advisor, July 31, 2009

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Tuesday, February 2, 2016

“Internet Plus” Updates

As Chinese economic growth isn’t quite itself these days, the innovation buzzword keeps growing. State chief councillor Li Keqiang‘s Internet Plus action plan, described in some detail on March 5 last year in his work report to the Third Session of the 12th “National People’s Congress”, is being revived as a news item and covered here by the Washington Post. The article describes an internet town near Haikou as a place where little else can be done:

According to the local government, the Internet Town project will cover the entire Shishan township in 2018, with the completion of an online trading platform and an operation center as well as other facilities. The project will be a major engine for local growth, creating a new source of income for farmers along with the tourism industry that features volcanic tours.

Meantime, the English-language “Global Times” focuses on places where a lot of things that make sense could be done, and where a number of building owners (you can’t say landlord in China) fell for the business concepts of kids whose first profession was to be their daddies’ sons (reportedly, anyway), and who burnt their business war chests rather than using them mindfully. But obviously, the article is generally optimistic about a phoenix [that] will rise from the ashes of the first wave of China’s tech boom.

Chinese innovation may not be exactly what Japan’s industry is waiting for, but Chinese growth is. Ikuo Hirata, a columnist with a number of Japanese papers, suggests that Japan’s prime minister Shinzo Abe should stop counting on China’s economy as a booster for Abenomics, and that the government should lower its growth target.

Hirata also warns that

[w]hile working to reduce excess capacity in the steel and other traditional sectors, Chinese policymakers are also trying to help high-tech industries, such as robotics, sophisticated machine tools and aerospace, catch up with their rivals in advanced economies. The technological prowess of a country that has a successful manned space mission under its belt should not be underestimated.

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Related

» Traditional industries, new bones, April 17, 2015

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Friday, January 8, 2016

Human Rights and Economic Records: Botched Measures and Terrible Occurrences

Before the old (lunar) year leaves and a new comes in, things need to be tidied up in China. However, efforts to calm the stock markets by new management measures appear to have been unsuccessful. And in Hong Kong, where RMB trading, is unrestricted, people pay less for China’s currency, according to the New York Times.

There’s still other bad news, and the indicator in this case, too, is Hong Kong.

“Something terrible has happened. We are all afraid. We are leaving now,” an employee told me a few hours before locking the doors for the foreseeable future.

That’s how the BBC‘s correspondent in the former British colony, Juliana Liu, concluded an entry in the broadcaster’s China blog on Monday, and the topic, of course, is the case of five Hong Kong citizens, all associated with the Causeway Bay Bookstore, who have gone missing since October last year. The latest case is Paul Lee, and he went missing late in December.

Hong Kong’s SCMP, one of East Asia’s leading English-language papers, but one with an uncertain future, reported on Monday the first precept speech by a Chinese leader since Mao Zedong. The guy who’s imitating the late great dictator is, of course, current party secretary general, state chairman, and the central military commissions’ (CMC) chairman Xi Jinping. The speech is seen as part of Xi’s efforts to reform China’s military, but obviously, the – probably intended – signal goes beyond the armed forces project.

Given that no other former CMC chairman, from Deng Xiaoping to Hu Jintao, had given a military precept, an associate professor at Shanghai University of Political Science and Law concludes that Xi’s power and authority is even higher than them.

This may or may not be true. If  Wang Qishan, rather than Li Keqiang, ranks second in terms of power or influence within the party, the assessement may be correct. But then, maybe Deng Xiaoping, who faced open ideological competition at times by more conservative party veterans like Chen Yun, simply didn’t need to show off his autority by admonishing the military.

Back then, too, the party was corrupted. But that was at a time when – or that’s how it felt, anyway – everyone had a chance to become rich. Now, there’s a two-fold challenge of corruption and slowing growth.

This could mean that Xi has powers because potential rivals do not want to challenge him, so as not to rock the not-so-stable boat.

If China’s regime manages the switch from an export-led economy to a more services-oriented economy successfully, the doubts in Beijing’s macro-economic control of the economy won’t persist – some disappeared people, in China or elsewhere, have never been a great concern to business.

All the Xidadamania aside however, confidence in mainland China, in Hong Kong, and abroad, appears to be slipping, at least currently.

In an interview with German national radio on Thursday, Markus Taube, a professor at a university in Germany’s Ruhr region, stated “a massive loss of confidence” in China:

What we see in China at the moment, definitely, is a massive loss of confidence. All market actors can see that the CCP has clearly lost its former control capacity. Until now, the Chinese market was always a very [unreadable] […]. Now, this ability to lead isn’t in place and that the state has failed several times, on its own promises.

Das, was wir in China momentan definitiv sehen ist ein massiver Vertrauensverlust. Alle Marktakteure sehen, dass die Kommunistische Partei offensichtlich ihre frühere Steuerungskapazität verloren hat. Bislang war der chinesische Markt immer ein sehr [unreadable] … Fundamentaldaten haben da kaum eine Rolle gespielt, und es war das Vertrauen einfach da, dass die Partei, der Staat, im Endeffekt die Richtung vorgibt [unreadable]. Jetzt ist es so, dass diese Führungsfunktion fehlt und dass der Staat mehrfach versagt hat, auf seine eigenen Versprechen hin.

Not least, Taube said, the “anti-corruption campaign” has discouraged Chinese decisionmakers in charge of approving (or delaying) investment projects.

Given that Chinese control mechanisms – concerning the financial markets – are out of order, Taube, with an audible sigh, introduces an old friend from the 2009 tool cabinet:

It sounds unorthodox, but probably, in the current situation, it would be more appropriate to issue another stimulus package, in that the state, again, to a great extent, pumps money into the economy. A classical Keynesian stimulus package to create state-induced demand so as to restore the economic dynamics on a basic level.

Es klingt sehr unorthodox, aber wahrscheinlich ist es in der momentanen Situation tatsächlich eher angesagt, ein klassisches Konjunkturpaket wieder aufzusetzen, einen Stimulus, in dem der Staat einfach in großem Maße wieder Geld in die Volkswirtschaft hineinpumpt. Also ein klassisches keynesianisches Konjunkturprogramm, in dem einfach staatlich induziert Nachfrage geschaffen wird, und damit einfach die volkswirtschaftliche Dynamik auf einem grundlegenden Level wieder stabilisiert wird.

That said, Taube doesn’t judge the situation by standards of five-year plans, or by taking the long view, as recommended by the Lord of the Confucius Institutes. Taube advocates a stimulus because the methods tried more recently haven’t worked and wouldn’t turn the tide for the coming six months.

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Updates/Related

» Executives Disappearing, HP, Jan 8, 2016

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Friday, November 20, 2015

CCP commemorates 100th Anniversary of Hu Yaobang’s Birthday

The complete standing committee of the CCP’s politburo attended a symposium in commemoration of former CCP secretary general Hu Yaobang (胡耀邦). The BBC‘s Mandarin service wrote today (around 11:00 UTC) that Chinese news agency Xinhua published a curt report and a photo of the symposium in the Great Hall of the People. According to the BBC, the symposium was a smaller event than what the outside world had expected. A publication of selected works by Hu Yaobang is reportedly under preparation, including 77 written pieces by Hu Yaobang from 1952 to October 1986: articles, speeches, reports, instructions, letters und Vorwörter prefaces – some of them published for the first time. Hu Yaobang was forced to “resign” as the party’s secretary general early in 1987. However, different from his successor Zhao Ziyang (赵紫阳) who was deposed in the wake of the 1989 students Tian An Men Square protests, Hu retained his politburo standing committee membership until his death in April 1989 – a death that actually sparked the 1989 students movement.

Hu Yaobang is frequently described as a just political leaderwith ideals, and as careful political reformer, or as a liberal of sorts, at least by the standards of a dictatorship.

According to a (more detailed) Xinhua article published at 11:49 UTC today, party secretary general Xi Jinping (习近平) praised Hu Yaobang in the glowing terms that are usual on occasions like today’s. He described practical-mindedness and pragmatism in seeking the people’s benefit as an outstanding characteristic of the former leader, and tried to harness the remembrance for his recently launched “four comprehensives” (四个全面) project.

While liberalism was certainly no issue, Xi praised Hu’s honest, self-disciplined, sublime demeanour (廉洁自律的崇高风范), or in other words, Xi made Hu an icon for “style”, rather than for content. Hu Yaobang’s image seems to be something the current leadership does not want to do without.

Sunday, October 25, 2015

“Foreign Marxists”: the Virtues of Socialism with Chinese Characteristics

The following is a translation from a People’s Daily article, published online on July 27, and by the paper’s printed edition on July 24 this year. Links within blockquotes added during translation.

There’s a great likelihood that this translation contains errors. The translator, i. e. this blogger, has no idea about the concepts involved here.

In the wake of China’s great economic and social achievements, some foreign Marxist scholars’ research focuses on socialism with Chinese characteristics. Most of them praise China’s great achievements and hold an affirmative attitude towards China’s path, China’s theory, and China’s system. Some also researched the causes for China’s successes in depth, as you can improve by accepting experience from elsewhere1). To develop 21rst-century China’s Marxism, we should pay attention to foreign Marxist scholars’ China research, and from this, we should absorb and learn what is useful, while keeping the initiative ourselves in making use of it.

随着我国经济社会发展取得巨大成就,一些国外马克思主义学者将研究聚焦于中国特色社会主义。他们大多赞赏中国取得的巨大成就,对中国道路、中国理论、中国制度持肯定态度,有的还深入研究了中国成功的原因。他山之石,可以攻玉。发展21世纪中国的马克思主义,应关注国外马克思主义学者对中国的研究,从中吸收和借鉴有益的东西,以我为主、为我所用。

Adhere to the road that is in accordance with China’s national condition, the road that provides socialism with Chinese characteristics. The road that is meant to solve the major issues of the fate of the country’s perspectives, the fate of the nation, and the well-being of the people, is to develop 21rst-century China’s Marxism. Nottingham University’s tenured professor and National University of Singapore’s East Asian Institute director Zheng Yongnian2) believes that the successes after New China‘s establishment and particularly during the more than 30 years of reform and opening up, are the results of China taking a road in accordance with its national situation, a road in possession of socialism with Chinese characteristics. This road of development has distinct Chinese characteristics, and can be referred to as the Chinese model. The Chinese model is a combination product [?] of international optimal experience [?] and China’s own practice, showing both global and Chinese qualities. The initiator of the “Beijing Consensus”, renowned American China issues expert Joshua Cooper Ramo, believes that through hard work, own-initiative innovation and bold practice, figured out a development model in accordance with its own country’s national condition, a model clearly superior to the already embattled Latin American model.3) Renowned foreign Marxist scholar Samir Amin believes that China’s path has innovated from the beginnings of the PRC’s establishment, and that if China does not adhere to socialism with Chinese characteristics, the only result would be mere capitalism, and the fate of many countries bears testimony that this could only be a tragedy. Member of the Japanese Communist Party’s politburo standing committee, Fang Jingfu4), also said that the Chinese model is a matter that is still under development. It substance is socialism built through the market, coexisting with capitalism, a path found from competition, a new, peaceful road.

坚持走符合中国国情、具有中国特色的社会主义道路。道路关乎国家前途、民族命运、人民幸福,是发展21世纪中国的马克思主义要解决的首要问题。英国诺丁汉大学终身教授、新加坡国立大学东亚研究所所长郑永年认为,新中国成立后尤其是改革开放30多年来取得的成就,是中国走了一条符合中国国情、具有中国特色的社会主义道路的结果。这种发展道路具有鲜明的中国特色,可以称之为中国模式。中国模式是国际最优经验和中国本身实践相结合的产物,既有世界性,也有中国性。“北京共识”的首倡者、美国著名中国问题专家乔舒亚·库珀·雷默认为,中国通过艰苦努力、主动创新和大胆实践,摸索出一条适合本国国情的发展模式,这种模式显然优于已经陷入危机的拉美模式。著名国外马克思主义学者萨米尔·阿明认为,中国道路从中华人民共和国建立开始就已经是独创性的,如果中国不坚持社会主义道路,其结局就只能是纯粹的资本主义,许多其他国家的命运已经证明这只会是悲剧。日本共产党中央政治局常委绪方靖夫也提出,中国模式是一个还在形成发展过程中的事物,其实质就是通过市场建设社会主义,是一条在与资本主义并存、竞争中寻找到的道路,是一条新的和平之路。

Setting out from a perspective beyond capitalism and adhering to, and developing, the theoretical system of socialism with Chinese characteristics. The system of socialism with Chinese characteristics is the latest result from the sinicisation of Marxism. To adhere to and to develop the theoretical system of socialism with Chinese characteristics is the central proposition of developing 21rst-century China’s Marxism. University of Tokyo emeritus professor Makoto Itoh believes that what constitutes socialism with Chinese characteristics is mainly state ownership of the land, the concept of “state ownership of means of production as the main feature” and “diversification of management”, a “consultative type of industrial relations” [or labor-capital relations], etc.. He also points out that the foundations of an economy developed by a theoretical system of socialism with Chinese characteristics will be a market economy with public ownership as the mainstay, with a greater significance of China’s economic system in the 21rst century. Arif Dirlik, a longtime left-wing scholar researching Chinese issues, believes that socialism with Chinese characteristics has some sort of inherent perspective beyond capitalism, and a particular urge to avoid a return to capitalism. The theoretical value of socialism with Chinese characteristics isn’t in current importance for the globalizing economy, but in its efforts to provide some kind of alternative experience to the global capitalist system.

从超越资本主义的视界出发坚持和发展中国特色社会主义理论体系。中国特色社会主义理论体系是马克思主义中国化的最新成果。坚持和发展中国特色社会主义理论体系,是发展21世纪中国的马克思主义的核心命题。东京大学名誉教授伊藤诚认为,中国特色社会主义理论的构成主要有“土地国有”“生产手段的公有为主体与经营管理的多样化”“协商型的劳资关系”等。他还指出,中国特色社会主义理论未来发展的经济基础是以公有制为主体的市场经济,中国经济体制在21世纪将具有更重要的意义。长期研究中国问题的左翼学者阿里夫·德里克则认为,中国特色社会主义具有一种内在超越资本主义的视界,并具有寻求避免回到资本主义的特质。中国特色社会主义的理论价值,不在于它目前在全球经济中的重要性,而在于它正努力为资本主义世界体系提供一种替代经验。

Keeping an eye on the manifestation of socialism’s unrivaled superiority, adhere to and bring to perfection the system of socialism with Chinese characteristics. The system of socialism with Chinese characteristics is the essential institutional warrant for progress in contemporary China’s development. To adhere to and to perfect the system of socialism with Chinese characteristics is an important task for the development of 21rst-century development of Chinese Marxism. Vladimir Popov, an international economic researcher at the Russian State Economics Institute5), says that “China’s institutional abilities” or socialist system guaranteed that China, during the global economic crisis, maintained a superb expressive power. A major Global system theory representative, Giovanni Arrighi, believes that there are three main systemic reasons for China’s many successes in achieving more than thirty years of rapid economic growth: reform and opening up, unhampered accumulation and deep societal roots. French scholar Tony Andreani points out that the system of socialist market economy represents China’s national condition and systemic advantages. One was China’s status in the primary stage of socialism which was to continue for at least another fifty years. A second advantage was that the economic characteristic of this primary stage of socialism was that public ownership would maintain a dominant position in the economy, with a leading role to play. And a third was that China China would retain state planning and governmental macro-economic control, the role of which, even while exercised by indirect tools, was very powerful. And fourthly, China needed to take the national condition of the country into consideration, with its socialism needing Chinese characteristics.

着眼于彰显社会主义的优越性坚持和完善中国特色社会主义制度。中国特色社会主义制度是当代中国发展进步的根本制度保障。坚持和完善中国特色社会主义制度,是发展21世纪中国的马克思主义的重大课题。俄罗斯国家经济学院国际经济研究生院院长弗拉基米尔·波波夫说,中国“国家的制度能力”即社会主义制度,保证了中国在经历世界经济危机的时候依然可以有出色的表现力。世界体系理论的主要代表人物乔万尼·阿里吉认为,中国30多年成功实现经济高速增长的制度原因主要有三个方面:改革开放、无剥夺的积累与深刻的社会根源。法国学者托尼·安德烈阿尼指出,社会主义市场经济体制体现了中国的国情和制度优势:一是中国当前仍处于社会主义初级阶段,这个初级阶段至少要延续半个世纪。二是中国社会主义初级阶段的经济特点是公有制在经济中占主体地位、发挥主导作用。三是中国仍然保留国家计划和政府的宏观调控,只不过是通过间接手段进行,但其作用十分强大。四是中国必须考虑本国的特殊国情,其社会主义的发展需具有中国的特点。

The discussions of China’s path, China’s theory, and China’s system by foreign Marxists are mostly friendly, objective, and also of enlightening significance. In the development of 21rst-century Chinese Marxism, these views and points of view can be used as a reference system, to continuously strengthen confidence in the path, theories and system, absorb the rationalization proposals they contain, adhere to and broaden the road of socialism with Chinese characteristics, adhere to and develop the theoretical system of socialism with Chinese characteristics, adhere to and bring to perfection the system of socialism with Chinese characteristics, and constantly broaden the range of sinicisation of Marxism.

国外马克思主义学者关于中国道路、中国理论、中国制度的这些论述,大都是友善的、客观的,也是有启示意义的。发展21世纪中国的马克思主义,可以把这些看法和观点作为一个参考系,进一步坚定道路自信、理论自信、制度自信,吸收其中包含的合理化建议,坚持和拓展中国特色社会主义道路、坚持和发展中国特色社会主义理论体系、坚持和完善中国特色社会主义制度,不断开拓马克思主义中国化新境界。

(Authoring unit: Chinese Academy of Social Sciences Research Center for the Theoretical System of Socialism with Chinese Characteristics)

(作者单位:中国社会科学院中国特色社会主义理论体系研究中心)

People’s Daily, July 24, page 7

《 人民日报 》( 2015年07月24日 07 版)

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Notes

1) Literally: taking stones from someone else’s mountain to polish the jade.
2) I can’t judge if this is an accurate account of what Zheng said or says.
3) This seems to refer to the Washington Consensus, in this original sense.
4) Chinese transliteration – I didn’t find his Japanese name online.
5) The institute’s or university’s real name (in English) is probably different.

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Tuesday, October 6, 2015

Emphasizing District-Level Cooperation and Mass Work: Xinhua reviews Xi Jinping’s State Visit

The following is a translation of an article published by Xinhua news agency on Tuesday. Links within blockquotes added during translation.

Chairman Xi Jinping’s first [update/correction: state] visit to America has been successfully concluded. It hasn’t only brought the nervous talk about qualitative changes in Sino-American relations to an end, but it also provided the global economy with positive expectations, successfully managed differences and risks, and to the Asia-Pacific and even to the world’s peace and stability, it has brought positive energy.

习近平主席对美首次国事访问圆满落下帷幕,不仅给半年来沸沸扬扬的中美关系质变论画上了句号,也给全球经济带来正面预期,并成功管控分歧与危机,给亚太乃至世界和平稳定带来满满的正能量。

This shows once again that the new type of big-power relations between China and America are possible, feasible, and projectable. On the road of building [these relations], some indications can be found:

这再次表明,中美新型大国关系可能、可行、可期,其建立之道,由此也可见端倪:

— From the bottom to the top. America’s elites, particularly its strategic elites, are worried about China, talk negatively about the direction of Sino-American relations, while the the district levels and common people are less affected by ideological and national-security interference, with a positive development for Sino-American relations. As for American diplomacy, Chairman Xi therefore particularly emphasized regional and local cooperation and doing mass work, to explore how the roads of the Chinese dream and the American dream are interlinked.

——以下博上。美国的精英,尤其战略精英,对华忧虑重重,存在唱衰中美关系倾向,而州及民众层面较少受意识形态、国家安全等问题干扰,发展对华关系积极。习主席对美国外交故而特别强调省州合作与做民众工作,探索中国梦与美国梦相通之道

— Adding to the existing quantities. Bilateral Sino-American trade is at an annual average of six-hundred billion US dollars, and Chinese investment in America is expected to rise to 200 billion US dollars by 2020. American diplomacy constantly digs into the potentials of economic cooperation, [no translation found]. The Sino-American Bilateral Investment Treaty (BIT) is considered important by both sides.

——以存量博增量。中美双边贸易额年均达6000多亿美元,预计到2020年中国在美投资规模达2000亿美元。对美外交,就是不断深挖经贸合作潜力,做大压舱石。中美投资协定谈判(BIT)因而为各方所看重。

— Shelving smaller differences from common ground. China and America are the world’s leading powers, and interest conficts are inevitable. What matters is mutual respect, to follow the principles of no clashes and no confrontation [or antagonism], to strive for common ground while setting small aside differences. For example, in the previous stir about internet hacking issues, the theft of trade secrets was a small [legal] case, while the common ground is about rules for an open internet, with great peace and security. Having grasped this trend, through the U.S.-China Internet Industry Forum and other activities, and the promotion of network cooperation, had become a highlight of Chairman Xi Jinping’s visit to America. Arriving at consensus concerning the joint statement on climate change and other issues, and having built a solid foundation for the United Nations Climate Change Conference to be held in Paris at the end of this year, are commended by the world.

——以大同存小异。中美都是世界首屈一指的大国,利益分歧在所难免,关键是相互尊重,遵循不冲突、不对抗的原则,求大同、存小异。比如此前炒得沸沸扬扬的网络黑客问题,异的是窃取商业秘密的小案件,同的是网络的开放、和平与安全大的规则。把握这一趋势,通过举办中美互联网论坛等活动,推动网络合作成为习主席访美成果亮点之一;通过达成中美气候声明等共识,为年底在巴黎召开的联合国气候变化大会成功奠定坚实基础,为世界所称道。

[Global order issues / One-Belt-one-Road initiative / U.S. concerns alleviated]

[global governance]

The Chinese and American path of establishing new-type big-power relations is constantly explored further. Chairman Xi Jinping’s visit to America has provided an example for this kind of exploration, directing the focus on the future development of Sino-American relations, and an example for the new-type big-power relations of the 21rst century.

中美建立新型大国关系之道,是不断探索的。习近平主席访美,是这种探索的成功之举,引领中美关系的未来发展,也为21世纪新型国际关系的建立做出了表率。

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Related

» Safe for democracy, Wikipedia, acc. Oct 6, 2015
» Safe for authoritarianism, FP, June 4, 2015
» No meeting without substance,Oct 2, 2015
» Your sea is our sea, July 16, 2015

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Friday, October 2, 2015

Leadership Styles: No Meeting without Substance

The Taipei Times compared Pope Francis‘ and Xi Jinping‘s leadership styles: the Chinese traveller to America was outwardly strong and internally weak, while the Roman-Argentinian was the exact opposite, the paper wrote in an online article on Tuesday. As a man who kept close to the public, was met with large crowds of people wherever he went and held Mass for almost 1 million people, the Pope had been a perfect example of soft power.

That was a bit like lauding a model mineworker for churning out tons of coal every day, and criticizing a goldsmith for not doing likewise – or vice versa.

Soft power abroad? Quite a number of Chinese people – especially Chinese people with some exposure to foreign cultures and hurt feelings – may long for it, and the Economist logically threatened Xi with something worse than criticism: neglect. But the politburo could care less. As long as the results are satisfactory – and as long as people at home can be made believe that Americans (not just at Boeing) could hardly wait for the Chinese visitor, everything is staying the desirable course.

But what are the results?

The two sides reached broad consensus and achieved a number of positive results, Ta Kung Pao (Hong Kong) wrote on Sunday:

According to a list published by the Chinese ministry of commerce on September 26, the major consensus and results reached by the two sides can be counted as 49 points, fitting into five big categories. Obama, on his own initiative, reiterated that America maintained the one-China principle and did not support “Taiwan independence”, “Tibet independence”, “Xinjiang independence”, and that America would not get involved in Hong Kong affairs.*)

据中国商务部26日公布的成果清单透露,双方达成的主要共识和成果可分5大类共49项。奥巴马在峰会上主动重申,美国坚持一个中国政策,不支持“台独”、“藏独”、“疆独”,也不介入香港事务。

According to Xinhua reports, Xi Jinping made important suggestions concerning the next stage of Sino-American relations, emphasizing the need to promote Sino-American relations that would always develop along the correct track. The two sides agreed to continue efforts to build Sino-American great-power relations of a new type. He [Xi] also emphasized that the Chinese nation was highly sensitive about matters concerning China’s sovereignty and territorial integrity. He hoped that America would scrupulously abide by the relevant promises, not to support any action aimed at harming China’s unity and stability.

据新华社报道,习近平就下阶段中美关系发展提出重要建议,强调要推动中美关系始终沿着正确轨道向前发展。双方同意继续努力构建中美新型大国关系。他亦强调,中华民族对事关中国主权和领土完整问题高度敏感。希望美方恪守有关承诺,不支持任何旨在损害中国统一和稳定的行动。

In this regard, Obama, on his own initiative, reiterated that America maintained the one-China principle, scrupulously abided by the principles of the three Sino-US Joint Communiqués, and that this position would not change. America did not support “Taiwan independence”, “Tibetan independence”, and “Xinjiang independence”, and would not get involved in Hong Kong affairs. This is the second time after denying American connection to Hong Kong’s “Occupy Central”, during the APEC summit last year, that Obama stated his position.*)

对此,奥巴马主动重申,美国坚持一个中国政策,恪守中美三个联合公报原则,这一立场不会改变。美国不支持“台独”、“藏独”、“疆独”,也不介入香港事务。这是奥巴马继去年APEC期间否认美国与香港“占中”活动有关后,再次公开对有关议题做出表态。

The 49 projects, results and consensus concern the five great fields of Sino-American great-power relations of a new type, practical bilateral cooperation, Asia-Pacific affairs, international affairs, and global challenges. Among these, nearly twenty negotiation points pertaining to financial and trade cooperation and the Sino-American Bilateral Investment Treaty (BIT), awaited by all circles, have made progress. The information published by the Chinese ministry of information pointed out that both the Chinese and American leader had reiterated that to reach a high-level investment agreement was “the most important economic issue between the two countries”, and that both sides had agreed to strongly push the negotiations and to accelerate the work.

中美达成的49项目成果和共识涉及中美新型大国关系、双边务实合作、亚太地区事务、国际与地区问题、全球性挑战等五大领域,其中有近20项涉及金融和贸易合作,各界期待的中美投资协定(BIT)谈判业已取得进展。中国商务部26日公布消息指,中美两国领导人重申达成一项高水平投资协定的谈判是“两国之间最重要的经济事项”,双方同意“强力推进谈判,加快工作节奏”。

The Chinese achievement list unequivocally mentions: “The two countries’ leaders reiterate that to reach a high-level investment agreement is “the most important economic issue between the two countries”, and both sides agree to “strongly push the negotiations and to accelerate the work, so as to reach a mutually beneficial, double-win, high-level investment agreement”.

中方成果清单中明确提到:“两国领导人重申达成一项高水平投资协定的谈判是两国之间最重要的经济事项。高水平的投资协定将反映双方对于非歧视、公平、透明度的共同成果,有效促进和确保市场准入和运营,并体现双方开放和自由的投资体制。中美两国同意强力推进谈判,加快工作节奏,以达成一项互利共赢的高水平投资协定。”

China Institute of International Studies researcher Yang Xiyu says that this position [held by] the two heads of state was of historical significance, meaning that the world’s biggest developed and the world’s biggest developing country could, as fast as possible, achieve BIT, and that the world’s two biggest economic entities achieving BIT will raise the long-awaited effects, further solidifying the foundations of mutual trust in trade.

中国国际问题研究院研究员杨希雨表示,两国元首这一表态具有历史性意义,意味着世界上最大的发达国家和最大的发展中国家或尽快达成BIT,而世界上最大的两个经济体达成BIT协议将起到引领效应,进一步夯实中美互信的经贸基础。

[…]

Within the list of achievements, several points of consensus have been reached concerning Sino-American network security cooperation, such as China and America agreeing that each country’s government must not engage in, or knowingly support, the stealing of intellectual property rights, including trade secrets, and other classified trade information. China and America committed themselves to jointly define and promote appropriate standards of international society conduct on the internet, and to establish a high-level, joint dialogue system between the two countries, to strike at cyber crime and related issues. A number of American experts said that this was an important outcome of this [Xi] visit, and that strengthening cooperation about network security was a really important field of work in Sino-American relations. Indiana University professor and high-level Council of Foreign Relations network security researcher David P. Fidler believes that the two countries’ having achieved this consensus is “of major significance, and welcome news”.

此次成果清单中,中美网络安全合作达成多项共识。如中美同意,各自国家政府均不得从事或者在知情情况下支持网络窃取知识产权,包括贸易秘密,以及其他机密商业信息;中美承诺,共同继续制定和推动国际社会网络空间合适的国家行为准则,并建立两国打击网络犯罪及相关事项高级别联合对话机制。多位美国专家对此表示,这是此访重要成果,网络安全是中美加强合作的一个非常重要的领域。印第安纳大学法学教授、美国外交学会网络安全高级研究员戴维.菲德勒认为,两国达成的这一共识“意义重大且受人欢迎”。

The two sides will also strengthen anti-corruption cooperation, strengthen high-speed rail cooperation, strengthen cultural exchange cooperation, and reach consensus in reaction to global challenges, broaden practical cooperation on bilateral, regional and global levels, and manage and control differences and sensitive issues in a constructive manner, continuously achieving new positive results.

此外双方还在加强反腐败合作、加强高铁建设合作、加强文化交流合作及应对全球性挑战方面达成共识,将努力拓展双边、地区、全球层面各领域务实合作,以建设性方式管控分歧和敏感问题,不断取得新成果。

A benevolent label for these outcomes could be progress, and an accurate one would be unverifiable progress. It’s sort of obvious that Washington and Beijing wouldn’t issue a snafu statement at the end of the talks. What Beijing might consider a real achievement, however, is the prevention of an exchange of sanctions in the wake of the “network security”, i. e. hack-and-spy, controversies. That doesn’t go without saying – news coverage during late summer pointed to a chance that this could happen.

Hong Kong website Fenghuang (or Ifeng), in an article on September 22, attributed much of the success in defusing the conflicts to a visit by a delegation to Washington from September 9 to 12:

China attaches great importance to Sino-American relations and their future development, and does not ignore the concrete problems that occupy America.

中国关注中美关系大局及未来走向,并未怠慢美国关注的具体问题。

From September 9 – 12, politburo member and the central committee’s political and judicial committee secretary Meng Jianfu visited America in his capacity as Xi Jinping’s special envoy, together with [a delegation of] responsibles at offices for public security, the judiciary, network communication, etc.. He had talks with secretary of state John Kerry, homeland security secretary Jeh Johnson, national security adviser Susan Rice, and other central [US] authorities, to exchange views about cyber crime and other outstanding problems, and to achieve important consensus. Meng Jianzhu’s trip broke with old habits. Under Xi Jinping’s leadership, China’s diplomacy has become more direct and more practical.

9月9日至12日,中共中央政治局委员、中央政法委书记孟建柱以 习近平特使身份,率公安、安全、司法、网信等部门有关负责人访问美国,同美国国务卿克里、国土安全部部长约翰逊、总统国家安全事务助理赖斯等核心部门举行 会谈,就共同打击网络犯罪等突出问题深入交换意见,达成重要共识。中央政法委书记作为特使,打破以往惯例,习近平治下的中国外交更加直接务实。

That, and some more soothing soundbytes from Beijing, appeared to have had their effect on Washington, suggests Fenghuang:

On September 16, Obama made remarks about cyber security again, but according to Reuters, America will not impose sanctions on so-called “cyber attacks” before Xi Jinping’s visit, and maybe not afterwards either.

16日,奥巴马再次就网络安全放话,但据路透社报道,美国不会在习近平访美之前对所谓的“网络攻击”进行制裁,之后可能也不会。

After all, the main goal of the Obama administration had been to put pressure on Beijing, and to address domestic complaints, the Fenghuang article believed.

What looks credible – because it’s said to be long-established practice anyway – is that whatever consensus was indeed there between Washington and Beijing had been reached before Xi Jinping even set foot on American soil.

When he reached the American West Coast from Beijing, he meant business, not soft power – although there’s probably something charming to a 300-aircraft order form, at least among the stakeholders. The traditional microcosms were also conscientiously cultivated, even if Winston Ross of Newsweek was not convinced:

[Xi Jinping’s] handlers, who had corralled me and the reporters from the Associated Press, Bloomberg and the Los Angeles Times for the previous hour in anticipation of this exchange, apparently assumed we all spoke Mandarin. The Times reporter shot me a bewildered look. I shrugged. Xi said something to Oregon Governor Kate Brown that she found hilarious. We asked for a transcript of his remarks. We were not given one.

That occasion, Xi’s first stop – i. e. the meeting with American governors and Chinese provincial governors -, wasn’t (much) about substance, Ross alleged. He could have known better, even without translation: maintaining contacts between many layers of business and politics – not just the top echelons – is both a Chinese move to keep contacts going even if top-level relations between China and another country should deteriorate. Besides, while Confucius Institutes and other means of  indoctrination soft power may face some scrutiny at federal or central governments of democratic countries, regional authorities may lack the resources that such scrutiny would require.

Chinese central leaders waste no time with unsubstantial meetings. They waste no time with soft-power ambitions either. It’s the technology, stupid.

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Note

*) VoA has a somewhat different take on this: according to their newsarticle on Wednesday, Obama referred to both the Three Joint Communiqués, and the Taiwan Relations Act, and that had been the only public remarks made about Taiwan during Xi’s state visit in Washington. Ta Kung Pao omitted the mention of the TRA.

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Related

» Joint Press Conference, White House, Sept 25, 2015
» Six-point proposal, Xinhua, Sept 25, 2015

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Sunday, September 13, 2015

Weekend Links: O2O Business in China

Warning: JR is trying to explain the economy to himself. His word pool and previous knowledge about this topic are shaky, and the following may or may not make sense – you’ll have only have yourselves to blame if you base your homework (or investment decisions) on this post.

Going “Brick-and-Mortar”

Let’s get industrial. O2O is about [people] buying things online, but collecting them from a shop on their side of the computer or smartphone – or having the stuff delivered to their doorstep. But China’s woefully inefficient logistics network .. acts as a brake on e-commerce growth, the Economist wrote in August, and that leads to online retailers seeking “brick-and-mortar” outlets to increase the points of delivery and to make their goods more accessible for their online customers.

Dalian Wanda Group’s (万达集团) and Suning Commerce Group (苏宁云商) are a recent example in the news. Wanda’s property development section (the company’s other major trades would be culture and tourism)  provides department stores or plazas all over the country, and Suning Commerce Group is a retailer with reportedly more than 1600 stores across mainland China, Hong Kong, and Japan. The two have signed a cooperation agreement: Suning will open stores at Wanda Plazas throughout the country, Reuters wrote on September 6.

National Soft Power, too

China News Service (CNS) explained, on September 7:

Suning coming into play is a direct result of an upgrade at Wanda. Wang Jianlin has long indicated that the answer would be revealed on this day.

其实,细心的人早就能发现这次合作的蛛丝马迹。它与万达正在进行的业态升级紧密关联。甚至可以说,苏宁的入局,正是万达进行业态升级的直接成果。王健林一直引而不发,直到这一天揭晓答案。

The adjustments had been watched by many skeptical observers for about half a year, without Wang Jianlin providing much of a response during all the time, according to CNS. But as for Wanda’s department stores, or plazas, CNS has reassuring news:

Are Wanda’s stores really as bad as comments from outside suggest? Not at all. One one occasion, in an internal meeting, Wang Jianlin revealed that nearly half of the Wanda stores were incurring losses, but that the other half of them were profitable. He was in a position to cut the outlets that were incurring heavy losses, optimize the portfolio, and then have a attractive story to tell to the Hong Kong capital markets, with a beautiful financial report.

万达百货真的有外界评说的那么糟糕吗?并不是。王健林曾经在一次内部会上透露,万达百货有近一半是亏损的,但还有另一半是盈利的。他完全可以砍掉亏损严重的门店,优化资产组合,用亮丽的财报去给香港资本市场讲一个动听的故事。

The CNS article also points out that Wanda became involved in the culture industry in 2012.

Compared with real estate business, the contribution the culture segment could make to [the Wanda group’s] revenues and profits was very low, but it perfectly fitted into the strategic requirements of the national advancement of soft power, and its synergy effects with real estate, tourism, and other trades was obvious. As big onlooking companies  from the real estate began to recognize [Wanda’s approach], they scrambled to emulate it.

2012年,万达发力文化产业。跟地产比起来,文化产业能够贡献的收入和利润份额在当时非常之低,但是却紧密契合了国家提升软实力的战略需求,与地产、旅游等行业的协同效应非常明显。以至于在后来,许多大型地产企业都看明白了,开始争相效仿。

CNS also refers to the acquisistion of AMC Theatres (AMC Cinemas), and Infront Sports and Media, and offers an explanation as to why such acquisitions would make sense, and concludes:

There are many more such examples. Every draw in this game of chess was made not from a spur of the moment, but as a move taken after careful consideration, serving the transformation plan for the entire Wanda group. This is also true for the adjustments of the stores, and the introduction of Suning.

这样的例子还有很多。万达的每一步棋子都不是临时起意,都是深思熟虑之后的谨慎之举,并为整个集团公司的转型大计服务。调整百货,引入苏宁,也是如此。

The message provided by CCTV’s website for the foreign audience is equally heartwarming:

The Wanda Group, headed by Asia’s richest man Wang Jianlin, seems unstoppable.

Complementary illustration ...

Complementary illustration …

The Financial Times, in an online article published on August 6, isn’t quite that enthusiastic – although, it should be said, their misgivings aren’t about the Wanda-Suning romance which was only made public in September, but about the O2O industry in general. Rising labor costs could hamper the business model, and it is not entirely clear what lasting new business models will emerge.

That said, if O2O is really a lifestyle, as suggested by Chinaskinny, the question might come up, sooner or later, if and how costs play a role in that customer “hobby”, and if the promises it makes to the supplier side are sustainable, For sure, the example of the nail specialists who can make so much more per hour, if based on O2O, is all over the internet, as observed by the FT.

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Related

» Baidu Q3 forecast, TechCrunch, July 27, 2015
» Traditional Industries, new Bones, April 17, 2015
» Central Committee Cultural Decision, Oct 28, 2011

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