China's Economic and Political Outlook

Abstract

China is one of the fastest growing economies in the world. Despite of having a communist setup, the country has been able to sustain its political and economic system. This paper examines China' economic and political setup, in light of the recently concluded 18th National Congress. The paper also looks at the leadership, and how can the country sustain itself and achieve its economic goals.

Table of Contents

Abstract1

Introduction3

Process of Leadership4

Economic Policy6

Economic Discussion at the 18 the National Congress8

The Economic Challenge11

Government Issues15

Conclusion17

End Notes19

China's Economic and Political Outlook

Introduction

The political sphere in China is formed by a single-party socialist republic. The leadership of the Communist Party is mentioned in the Constitution of the People's Republic of China. The power of the state in People's Republic of China is done through the Communist Party of China, the chief administrative power of the People's Republic of China. The local and provincial governments also come under the chief administration. In the dual leadership setup, every local Bureau or office is under the joint command of the local leader and the corresponding office, bureau or ministry at the next upper level. The members of the Congress at the county level are decided through elections. The People's Congress at the county level has the duty of looking after local government. They then elect the members of the Provincial People's Congress. The Provincial People's Congress then elects members that make up the National People's Congress, and they meet in Beijing each year. The Communist Party that is in power forms a committee at every level and plays a huge role in choosing the right candidates for the elections of all the levels of Congress.

The Chinese Communist Party has been in power for more than six decades. The party assumed power in the 1949 through a civil war victory over the forces of Chiang Kai-shek's Nationalists, who transferred their power of the Republic of China government to the island of Taiwan. Even thought the Communist setup has been in power for since inception, but China's political institutions and culture has changed significantly over the years. This explains the success of the Communist system in China, which has failed elsewhere in Soviet Union and Eastern Europe. The Communist party has 80 million members that make up to around 6 % of China's total population of 1.34 billion. Any citizens who are over the age of 18 and are willing to adhere to the Party's constitution and policies, including being an atheist, are eligible for the membership. The process is such that it allows people from the various parts of the country to be part of it politics.

Process of Leadership

The selection of the delegates of the congress began months ago, with the recommendations made by the 82 million members of the party. The recommendations are then appraised, analyzed and voted on twice. The selection process is controlled by the party's personnel division, giving the leadership the chance to confirm that powerful and key dependents are ...