ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Economically Hot, Politically Not?

Five Years of Xi Jinping

Chinese President Xi Jinping’s five-year term (from 2012 to 2017) has been action-packed with new initiatives and ambitious plans. He has also received a lot of international media attention. This article looks at trends and issues in the light of the 19th National Congress of the Communist Party of China that will be held in Beijing on 18 October.

In recent times, no Chinese President has been so much in the limelight as much as President Xi Jinping for good reasons and otherwise. Certainly, Xi has accumulated many “firsts.” He is the first Chinese leader to have social-media presence on Weibo (microblog) via “Learning from Xi Fan Club” (since 2012, with 2.94 million followers in 2016) (Shan 2016). He is also the first Chinese leader to garner the endearing acolyte that Indians associate with Nehru (Chacha Nehru)—appearing as China’s own “Xi da da” (Uncle Xi). Most of his predecessors were rather frosty and remote.

Where economic agenda is concerned, Xi has charted many a “first.” China’s economic growth slowed from 6.9% in 2015 to 6.7% in 2016, which Xi has embraced as the “new normal.” Indeed, China’s 13th Five Year Plan, with its thrust on “rebalancing and restructuring” (Wong 2016), has set the target of 6.5% annual growth in 2017. This is a conscious move to slower but higher quality growth that will ostensibly “trickle down” to the poor.

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Updated On : 28th Oct, 2017
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