Face Story: Commemoration of 70th Anniversary of Anti-fascist War Victory - VOL. XXVII No. 9 September 2015

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Face Story: Commemoration of 70th Anniversary of Anti-fascist War Victory - VOL. XXVII No. 9 September 2015
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VOL. XXVII No. 9                September 2015                   Rs. 20.00

Face Story: Commemoration of 70th Anniversary of Anti-fascist War Victory
Face Story: Commemoration of 70th Anniversary of Anti-fascist War Victory - VOL. XXVII No. 9 September 2015
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Chinese Ambassador to India Le Yucheng gave a speech in Gujarat-Guangdong Economic and Trade Cooperation and
Exchange Forum

Chinese Ambassador to India Le Yucheng gave a speech      Chinese Ambassador to India Le Yucheng visited
in Jawaharlal Nehru University                            industrial park in Gujarat

Chinese Ambassador to India Le Yucheng met with           China Embassy and Huawei holds a table tennis
members of India's senior diplomats delegation to China   competition
Face Story: Commemoration of 70th Anniversary of Anti-fascist War Victory - VOL. XXVII No. 9 September 2015
Commemoration of 70th anniversary of war victory

                                                                                                    CONTENTS
1.   Chinese President’s Speech at Commemoration of 70th Anniversary of         6
     Anti-fascist War Victory
2.   Backgrounder: Military Parades to Mark Victory of World Anti-fascist War   12
3.   Int’l Community Echoes Xi’s Speech at V-Day Commemoration                  16
4.   Overseas Experts, Scholars Applaud China’s Plan to Cut Troops              18
5.   China Voice: Troop Cuts Signal Path of Peaceful Development                19
6.   Commentary: Western Media Make Biased Reports on China’s Troop Cuts        20
7.   The Message of China’s V-Day Parade                                        20
8.   U.N. Chief, Experts Laud China’s Role in WWII                              22

                           China-India Relations
                           1.   Remarks by H.E. Ambassador Le Yucheng At Vivekananda                24
                                International Foundation: The Call of History
                           2.   Ambassador Le Yucheng’s Letter to an Mumbai Little Girl             26

External Affairs
1.   Li Keqiang’s speech at Summer Davos Opening Ceremony                       28
2.   China’s Economy Has Ups and Downs, But the Trend Remains Positive          34
3.   RMB Exchange Rate Can Keep Basic Stability at Reasonable and               35
     Balanced Level
4.   State Councilor Yang Jiechi’s Joint Interview with CCTV News and           36
     China Daily
5.   Wang Yi Holds Talks with Foreign Minister Laurent                          41

                           Created In China
                           1.   C919 Twin-engine Jet Airliners                                      43
                           2.   China State Shipbuilding Corporation (CSSC)                         47
                           3.   Hareon solar                                                        50

China Sports
1.   Nation Sees Breakthrough Performances at Athletics                         53
2.   Lang Ping Guides China to Fourth World Cup Title                           56

                           Tibet Today
                           1.   Tibet’s Achievements in Five Decades                                60
                           2.   Timeline of Tibet Autonomous Region                                  61
                           3.   50 Years of Connecting Tibet                                         61
                           4.   Tibet’s 15-year Natural Forest Protection Project Keeps Sky Blue,    62
                                Water Clear

                           5.   Book Review                                                         66
                           6.   Flights BETWEEN CHINA AND INDIA                                     67
                           7.   CCTV                                                                69
                           8.   CRI                                                                 70

                                                                                                          3
Face Story: Commemoration of 70th Anniversary of Anti-fascist War Victory - VOL. XXVII No. 9 September 2015
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Face Story: Commemoration of 70th Anniversary of Anti-fascist War Victory - VOL. XXVII No. 9 September 2015
News From China September 2015   5
Face Story: Commemoration of 70th Anniversary of Anti-fascist War Victory - VOL. XXVII No. 9 September 2015
Commemoration of 70th anniversary of war victory

              Commemoration of 70th Anniversary of War Victory

   Chinese president’s speech at
commemoration of 70th anniversary of
     anti-fascist war victory

    C
          hinese President Xi            War of Resistance Against Japanese
          Jinping     delivers    a      Aggression and the World Anti-            Today is a day that will forever
          speech     during     the      Fascist War.                          be etched in the memory of people
commemoration       activities   to                                            all over the world. Seventy years
mark the 70th anniversary of the             All my countrymen and women,      ago today, the Chinese people,
victory of the Chinese People’s                                                having fought tenaciously for 14
War of Resistance Against Japanese          Your Excellencies heads of state   years, won the great victory of their
Aggression and the World Anti-           and government and representatives    War of Resistance Against Japanese
Fascist War, in Beijing, capital of      of the United Nations and other       Aggression, marking the full victory
China, Sept. 3, 2015. (Xinhua/Lan        international organizations,          of the World Anti-Fascist War. On
Hongguang)                                                                     that day, the world was once again
                                            Distinguished guests,              blessed by the sunshine of peace.
   BEIJING, Sept. 3 (Xinhua)                All officers and soldiers
-- Following is the full text of the     participating in the parade,             On this occasion, on behalf
speech given by Chinese President                                              of the Central Committee of
Xi Jinping at the Commemoration              Ladies and gentlemen,             the Communist Party of China,
of the 70th anniversary of the                                                 the Standing Committee of the
victory of the Chinese People’s              Comrades and friends,             National    People’s  Congress,

6    News From China September 2015
Face Story: Commemoration of 70th Anniversary of Anti-fascist War Victory - VOL. XXVII No. 9 September 2015
Commemoration of 70th anniversary of war victory

the State Council, the National          first complete victory won by China      War of Resistance.
Committee of the Chinese People’s        in its resistance against foreign
Political Consultative Conference,       aggression in modern times. This             Ladies and gentlemen,
and      the    Central      Military    great triumph crushed the plot of
Commission, I pay high tribute to        the Japanese militarists to colonize         Comrades and friends,
all the veterans, comrades, patriots     and enslave China and put an end
and officers in China who took part      to China’s national humiliation             The experience of war makes
in the War of Resistance and all the     of suffering successive defeats at       people value peace all the more.
Chinese at home and abroad who           the hands of foreign aggressors in       The aim of our commemoration
contributed significantly to the         modern times. This great triumph         of the 70th anniversary of the
victory of the War. I extend heartfelt   re-established China as a major          victory of the Chinese People’s
gratitude to foreign governments         country in the world and won             War of Resistance Against Japanese
and friends who supported and            the Chinese people respect of all        Aggression and the World Anti-
assisted the Chinese people in           peace-loving people around the           Fascist War is to bear history in
resisting aggression. I also warmly      world. This great triumph opened         mind, honor all those who laid
welcome all the foreign guests and       up bright prospects for the great        down their lives, cherish peace and
representatives of the armed forces      renewal of the Chinese nation and        open up the future.
of foreign countries present today.      set our ancient country on a new
                                         journey after gaining rebirth.               Ravaging through Asia, Europe,
   Ladies and gentlemen,                                                          Africa and Oceania, that war
                                            During the war, with huge             inflicted over 100 million military
   Comrades and friends,                 national sacrifice, the Chinese          and civilian casualties. China
                                         people held ground in the main           suffered over 35 million casualties
    The Chinese People’s War             theater in the East of the World         and the Soviet Union lost more
of Resistance Against Japanese           Anti-Fascist War, thus making            than 27 million lives. The best way
Aggression and the World Anti-           major contribution to its victory.       to honor the heroes who gave their
Fascist War were a decisive battle       In their war against Japanese            lives to uphold freedom, justice
between justice and evil, between        aggression, the Chinese people           and peace and mourn the loss of
light and darkness, and between          received extensive support from          innocent lives brutally taken during
progress and reaction. In that           the international community.             the war is to make sure that this
devastating war, the Chinese             The Chinese people will always           historical tragedy will never repeat
People’s War of Resistance Against       remember what the people of other        itself.
Japanese Aggression started the          countries did for the victory of their
earliest and lasted the
longest. In defiance of
aggression, the unyielding
Chinese people fought
gallantly     and     finally
won        total     victory
against     the    Japanese
militarist       aggressors,
thus preserving China’s
5,000-year-old civilization
and upholding the cause
of peace of mankind. This
remarkable feat made by
the Chinese nation was
rare in the history of war.

   The victory of the
Chinese People’s War
of Resistance Against
Japanese Aggression is the

                                                                                  News From China September 2015      7
Face Story: Commemoration of 70th Anniversary of Anti-fascist War Victory - VOL. XXVII No. 9 September 2015
Commemoration of 70th anniversary of war victory

    War is like a mirror. Looking        suffering, while mutual respect,        peace. No matter how much
at it helps us better appreciate the     equality, peaceful development          stronger it may become, China
value of peace. Today, peace and         and common prosperity represent         will never seek hegemony or
development have become the              the right path to take. All             expansion. It will never inflict its
prevailing trend, but the world is       countries should jointly uphold         past suffering on any other nation.
far from tranquil. War is the sword      the international order and system      The Chinese people are resolved
of Damocles that still hangs over        underpinned by the purposes and         to pursue friendly relations with
mankind. We must learn the lessons       principles of the UN Charter, build     all other countries, uphold the
of history and dedicate ourselves to     a new type of international relations   outcomes of the Chinese People’s
peace.                                   featuring win-win cooperation and       War of Resistance Against Japanese
                                         advance the noble cause of global       Aggression and the World Anti-
   In the interest of peace, we          peace and development.                  Fascist War, and make greater
need to foster a keen sense of a                                                 contribution to mankind.
global community of shared future.          In the interest of peace, China
Prejudice, discrimination, hatred        will remain committed to peaceful          The People’s Liberation Army
and war can only cause disaster and      development. We Chinese love            of China is the people’s army. All

8    News From China September 2015
Face Story: Commemoration of 70th Anniversary of Anti-fascist War Victory - VOL. XXVII No. 9 September 2015
Commemoration of 70th anniversary of war victory

its officers, men and women must        goes, “After making a good start,         Thought, Deng Xiaoping Theory,
bear in mind their responsibility of    we should ensure that the cause           the important thought of Three
serving the people whole-heartedly,     achieves fruition.” The great renewal     Represents and the Scientific
faithfully fulfill the sacred duty of   of the Chinese nation requires the        Outlook on Development as our
protecting the nation’s security and    dedicated efforts of one generation       guide to action. We should follow
people’s well-being, and carry out      after another. Having created a           the path of socialism with Chinese
the noble mission of upholding          splendid civilization of over 5,000       characteristics, pursue the four-
world peace. Here, I announce that      years, the Chinese nation will            pronged comprehensive strategy,
China will cut the number of its        certainly usher in an even brighter       promote patriotism and the great
troops by 300,000.                      future.                                   spirit of resisting aggression and
                                                                                  forge ahead as one to reach our goals.
   Ladies and gentlemen,                    Going forward, under the
                                        leadership of the Communist Party            Let us bear in mind the great
   Comrades and friends,                of China, we, people of all ethnicities   truth of history: Justice will prevail!
                                        across the country, should take           Peace will prevail! The people will
   As an ancient Chinese saying         Marxism-Leninism, Mao Zedong              prevail!

                                                                                  News From China September 2015       9
Face Story: Commemoration of 70th Anniversary of Anti-fascist War Victory - VOL. XXVII No. 9 September 2015
10   News From China September 2015
News From China September 2015   11
Commemoration of 70th anniversary of war victory

  Backgrounder: Military parades to
mark victory of world anti-fascist war
     B
          EIJING, Sept. 3 (Xinhua)       of China has held 14 military          parade was staged at Red Square
          -- A military parade helds     parades at Tian’anmen Square since     in Moscow. At the end of the
          in Beijing on Thursday to      its founding on Oct. 1, 1949, all of   parade, about 200 veterans walked
commemorate the 70th anniversary         them on National Day.                  past holding Nazi military flags
of victory in the Chinese People’s                                              upside-down and cast the banners
War of Resistance Against Japanese          In other nations, dozens of         into heaps at the foot of Lenin’s
Aggression and the end of World          military parades have been held to     mausoleum. It has become one of
War II.                                  mark the end of WWII.                  the best-known moments of the
                                                                                Red Square parades.
   It is the first military parade in       Xinhua takes you back to review
China to mark an anniversary of          the major parades around the              After WWII ended, the Soviet
the war and the first with foreign       world.                                 Union announced May 9 a public
military participation.                                                         holiday to mark the end of the
                                             1945: MOSCOW                       Great Patriotic War. Since 1996,
     Previously, the People’s Republic       On June 24, 1945 a military        Russia has staged military parades

12    News From China September 2015
Commemoration of 70th anniversary of war victory

every year on May 9 at Red Square.       The event is regarded as one of the    and a parade, to mark the 70th
                                         biggest naval parades in the history   anniversary of the Allied landings
   1945: BERLIN                          of the United States.                  in Normandy, also known as the
    On Sept. 7, 1945, the Soviet                                                D-Day landings.
Union, the United States, Great              A victory parade was also held
Britain and France held a joint          on Jan. 12, 1946 in New York City,        World leaders taking part in the
military parade in Berlin, the capital   with the participation of 13,000       ceremony included U.S. President
of the defeated Nazi Germany.            officers and troops.                   Barack Obama, Russian President
                                                                                Vladimir, Britian’s Queen Elizabeth,
   A total of 5,000 Allied troops           Events are held every year On       French President Francois Hollande
took part in the event, with more        Dec. 7 in Hawaii to remember           and Danish Queen Margrethe II.
than 2,000 from the Soviet Union.        the victims of the attack on Pearl
                                         Harbor.                                   On Aug. 15, 2014, another
  1945: NAVAL PARADE ON                                                         military parade was observed in the
                                           2014: D-DAY                          South of France to mark the 70th
THE HUDSON                                                                      anniversary of the Allied landings
   On Oct. 27, 1945, the United          COMMEMORATION IN FRANCE
                                            On June 6, 2014, France held        in Provence, a lesser-known but
States staged a naval parade on the
                                         events, including a performance        equally important campaign during
Hudson River in New York City.
                                                                                WWII.

                                                                                News From China September 2015     13
Commemoration of 70th anniversary of war victory

  2015: VICTORY DAY PARADE
AT RED SQUARE
   On May 9, 2015, Russia
celebrated the 70th anniversary of
the victory of the world anti-fascist
war with a large-scale military
parade at Red Square in Moscow.
   The parade was the largest one
since the fall of the former Soviet
Union in 1991 and was attended
by about 20 leaders of nations and
international organizations with
the participation of military units
from 10 countries.

14   News From China September 2015
Commemoration of 70th anniversary of war victory

              China sent its guard of honor
          of the three services of the People’s
          Liberation Army to take part in the
          parade.

          News From China September 2015     15
International community echoes Xi’s
        speech at V-Day commemoration
     C
          hinese President Xi         together with the people worldwide.     Japanese militarists during their
          Jinping     delivers    a                                           aggression against China in the first
          speech     during     the      The      international   public      half of last century.
commemoration       activities   to   opinion also pointed out that Xi’s
mark the 70th anniversary of the      announcements in the speech that           Bhaskar said that Xi’s speech
victory of the Chinese People’s       “China will never seek hegemony or      and the parade are a vehicle for
War of Resistance Against Japanese    expansion” and “China will cut the      China to demonstrate its military
Aggression and the World Anti-        number of its troops by 300,000”        might and channel Chinese resolve
Fascist War, in Beijing, capital of   further demonstrate that China is       to defend peace.
China, Sept. 3, 2015. (Xinhua/Lan     an important force in maintaining
Hongguang)                            world peace and development.                He pointed out that the parade
                                                                              also showed that China was not
   BEIJING, Sept. 3 (Xinhua) -- The       Ex-Mexican President Luis           only a victorious party of the
international community positively    Echeverria said that Xi’s speech        WWII, but also a modern military
echoed a speech given by Chinese      fully conveys the Chinese people’s      power on a global scale and a player
President Xi Jinping Thursday at      love for world peace and their desire   in global geo-politics.
the commemoration of the 70th         for maintaining world stability and
anniversary of the victory of the     prosperity.                                 “A total of 17 nations participated
Chinese People’s War of Resistance                                            in this hugely symbolic parade that
Against Japanese Aggression and          Indian strategic analyst and         showcased many military platforms
the World Anti-Fascist War.           former Navy Commodore C.                and high-tech weaponry that are of
                                      Uday Bhaskar said Xi’s speech on        Chinese origin,” he said.
   It was widely agreed that the      Thursday during the spectacular
event shows the Chinese people’s      parade in Beijing has sent an              Describing the parade as
determination    to   remember        unambiguous message that China          spectacular and unforgettable,
the history and safeguard peace       will not forget the brutalities by      Bhaskar said Xi’s speech is multi-

16   News From China September 2015
Commemoration of 70th anniversary of war victory

layered and aimed at many              Daystar University in Kenya, said       to defend peace, but also offers
audiences including those at           that China suffered immensely in        a concrete measure to maintain
Tian’anmen Square and beyond.          the WWII and lost many citizens         regional and world peace.
                                       and its development was set back.
   Ramesh Chopra, a strategic                                                     The commemoration activities
analyst and former Indian Army            Obonyo noted that it was China       are very important because they
Lieutenant general, said Xi’s          that engaged the Japanese first,        will help people review the past,
announcement to reduce Chinese         adding China refused to surrender       remember the lesson of the war,
armed forces personnel by 300,000      and it was truly remarkable that        and safeguard peace, said Bo.
is a major driving action for the      China fought with such limited
modernization of the Chinese           equipment and still held the                Qian Feng, vice president
military, which is also good for       Japanese back.                          of Thailand’s newspaper Asian
peace and stability of the region                                              Daily, said that Xi reiterated in his
and the world.                            Metin Gurcan, a Turkish              speech that China will never seek
                                       security analyst and scholar on         hegemony or expansion, and this
    Ochieng Adala, acting executive    changing character of warfare in        reflects a traditional view in the
director at the Africa Peace Forum     Bilkent University in Ankara, said      Chinese culture and its firm resolve
(APFO) based in Kenya, said that       that, with this military parade,        and confidence that China will take
China was the victim of aggression,    China gave a message that it did not    the path of peaceful development.
therefore China had good reasons       forget the past.
to celebrate the WWII victory.                                                     Falk Hoehn, president of the
                                           Deniz Ulke Aribogan, member         University of Applied Sciences
    Peter    Kagwanja,    political    of the Faculty of Political Sciences    Stralsund,Germany, who was
scientist and CEO of Africa Policy     of the Istanbul University, said        invited to witness the military
Institute in Kenya, said that the      that China’s WWII victory was not       parade on Thursday in Beijing, told
parade is a fitting commemoration      only an achievement over Japanese       Xinhua that he was impressed by
of China’s victory against Fascist     aggression, but also a victory of the   the message of peace sent by Xi,
aggression during the WWII.            whole world against fascism.            especially his remarks “China will
                                                                               never seek hegemony or expansion.
   The war-time killings in China         Bo Zhiyue, director of New           It will never inflict its past suffering
exposed the brutality of Japanese      Zealand Contemporary China              on any other nation.”
fascism and global fascism at large,   Research Center of Victoria
said Kagwanja.                         University of Wellington, New               “That is why I think the clear
                                       Zealand, said that the decision         statement made by Xi that China
  Levi Obonyo, director of the         to reduce the troops not only           poses no threat is very important,”
communication department of            manifests China’s determination         Hoehn said.

                                                                               News From China September 2015       17
Commemoration of 70th anniversary of war victory

     Overseas experts, scholars applaud
         China’s plan to cut troops
     T
         he          international
         community has praised
         China’s decision to cut
its army by 300,000 troops, as
announced by President Xi Jinping
at Thursday’s military parade in
Beijing.

   Many overseas scholars and
experts believe that such a decision
sends a message about China’s
commitment to promoting world
peace, and working side-by-side
with other countries to seek common
development and prosperity.
                                         China’s commitment to peaceful           is trying to send a message that even
    “The implicit message of
                                         development.                             though it has risen as a superpower
President Xi Jinping’s speech is
                                                                                  in the world, it is still committed to
that a strong China intends to be a
                                            “The cut in troops clearly shows      peace. This move is good especially
peaceful power and can afford to do
                                         China’s wish to uphold peace and         for the Asian region,” he said.
so without jeopardizing the security
                                         sends a key message to the world that
of the Chinese people,” said Ted
                                         China’s military strength will pose          The professor said the move also
Galen Carpenter, a senior fellow for
                                         no threat to the rest of the world,”     shows that China has modernized
defense and foreign policy studies
                                         Lawmaker Sok Eysan, a spokesman          its military and was not interested in
at the Cato Institute in the United
                                         for the ruling Cambodian People’s        having many troops.
States.
                                         Party, told Xinhua.
                                                                                       “It further shows that China has
   “His speech occurred against
                                             Oh Ei Sun, a senior fellow with S.   modernized its military; it has better
the backdrop of a military parade
                                         Rajaratnam School of International       equipment and it is trying to say that
that displayed a modern, extremely
                                         Studies of Singapore Nanyang             it is not the number that matters, but
capable defense force,” Carpenter
                                         Technological University, said that      the quality of the military equipment.
said.
                                         Xi’s announcement to cut troops          It is about quality and not quantity of
                                         proves the Asian giant’s sincerity       the military prowess,” he said.
    “Most notably, he stressed that
                                         over peace.
China, despite its growing strength,
                                                                                     Marisela Connelly, expert in
will never seek hegemony. And... he
                                             Professor Francis Chigunta, a        Chinese affairs at the College of
announced that China would cut
                                         senior lecturer in the Department        Mexico’s Center for Asian and
the number of its troops by 300,000
                                         of Development Studies at the            African Studies, expressed her belief
-- a 13-percent reduction. Both the
                                         University of Zambia (UNZA), said        that Xi was sending a message to the
United States and China’s regional
                                         China’s decision to cut the number       world.
neighbors should welcome the
                                         of its troops was a welcome decision
tone and substance of the speech,”
                                         and urged other world powers to              “China is saying that it has all
Carpenter said.
                                         emulate the move.                        this weaponry but that it will cut its
                                                                                  armed forces by 300,000 troops to
   Phay Siphan, a spokesman for the
                                            “It is a sign that China is trying    show its commitment to the peaceful
Cambodian Council of Ministers,
                                         to reduce tension in the world,          resolution of international conflicts,”
said Xi’s pledge to reduce China’s
                                         especially with its neighbors. China     she said.
army by 300,000 troops reflected
18   News From China September 2015
Commemoration of 70th anniversary of war victory

 China Voice: Troop cuts signal path of
         peaceful development
  T
           he announcement by         “China Threat” theory which is          necessary for China.
           President Xi Jinping to    being hyped up by some western
           cut China’s troops by      media outlets.                              Compared to Japan, which has
300,000 ahead of an epic V-Day                                                250,000 troops for a population of
parade on Thursday proves the            The reductions also show             less than 130 million, the 2 million
nation’s resolve to sticking to the   the Chinese government is not           troops remaining is not that large
path of peaceful development.         chanting empty slogans while            for China, whose population is ten
                                      saying Thursday’s commemoration         times that of Japan.
   The       timing    of      the    activities are aimed partly at
announcement, which surprised         cherishing peace and opening up            Although China will maintain
many,     demonstrates      China’s   the future.                             a moderate budget for national
sincerity as the much-anticipated                                             defense, the money will be
parade was the nation’s first one         True, even after the reduction,     mostly used to meet various
to mark the 70th anniversary of       China’s military forces will still      needs including expenditure on
the victory of Chinese People’s       be the world’s largest, but the         new armaments, information
War of Resistance against Japanese    size, which is kept for defensive       technology and salaries.
Aggression and the World Anti-        purposes, meets the practical
Fascist War.                          needs of the nation, which has a           An official budget report
                                      population of 1.3 billion.              revealed in March that China’s
   The reduction is a consistent                                              military expenditure in 2014
move for China, which has been           Aside      from       safeguarding   accounted for less than 1.5 percent
an active force in arms control and   national unity and territorial          of GDP, well below the world’s
disarmament in the global arena.      integrity, China needs a military to    average of 2.6 percent.
                                      undertake non-military tasks such
   The cuts, which are scheduled      as disaster relief, peacekeeping and       In a nutshell, actions speak
to be completed by the end of         international rescue.                   louder than words when it comes
2017, will be China’s 11th military                                           to which nation is really moving on
reduction since the founding of          Official statistics reveal that      a peaceful track.
New China on October 1, 1949,         since a devastating earthquake in
and the fourth one since the 1980s.   2008, China’s armed forces have
                                      deployed more than 2.5 million
    In 1985, China downsized its      military staff in non-military
army by more than 1 million, the      missions.
largest cuts ever. After the recent
move, China’s troop levels will          On a global stage, about 30,000
stand at 2 million, compared with     Chinese soldiers have so far served
6.27 million in October 1949.         in UN’s peacekeeping missions,
                                      the most among all five permanent
   Very few countries have made       members of the UN Security
so many reductions on such large      Council.
scales.
                                          Additionally, China also needs
   The scheduled cuts have proven     its military to cope with the threat
arguments that China meant to         of terrorism, separatism and
showcase its military muscle with     extremism.
the massive parade groundless.
Such voices are out of ill intent        Therefore,       keeping      an
because they underline a so-called    appropriate level of armed forces is
                                                                              News From China September 2015     19
Commemoration of 70th anniversary of war victory

     Troop numbers of major countries in
       proportion to their populations
     C
          hinese President Xi            People’s Liberation Army accounts       million troops, accounting for
          Jinping       announced        for 0.17 percent of China’s total       0.44 percent of its total population,
          Thursday      that    the      population of 1.37 billion, with        0.27 percentage points higher than
country will cut the number of           an average of about one soldier in      China. Proportionally, one in every
its troops by 300,000, sending a         every 588 people.                       227 U.S. citizens is in military
message of peace. Following is a                                                 service.
comparison of the troop numbers             With 771,000 troops, Russia’s
of major countries in proportion to      military personnel take up 0.53            Germany and Britain have
their populations.                       percent of its population, which        about 180,000 and 136,000 troops
                                         means one in every 189 people is in     respectively, representing 0.22
   After a cut of 200,000 troops         military uniform.                       percent and 0.21 percent of their
between 2003 and 2005, China’s                                                   respective total populations.
military is 2.3-million-strong. The          The United States has 1.43

     The message of China’s V-Day parade
     C
            hina, which won the war      Square and nearly 200 aircraft to fly      China has never before held
            in the major oriental        overhead in formations, has stirred     such an event since the end of
            theater of the WWII,         up wild speculations, from a rising     the WWII in 1945, while similar
will stage Thursday an eye-catching      power wanting to flex its muscles       commemorative     events   were
military parade in the heart of its      to fortify its sphere of influence      seen across Europe, which bore
capital and in the presence of 30        to Beijing fanning a smoldering         the impact of invasions by Nazi
heads of state and government            antipathy toward Japan.                 Germany during the war.
leaders to mark the anniversary.
                                             The speculations are half-baked        China intended the grandness
   The scale of the grand ceremony,      and a slip back into the Cold War       for the anniversary marking the
with a total of 12,000 troops and        mentality, taken into considerations    end of the most widespread and
500 pieces of military equipment         of when and how China has chosen        deadliest war in history that lasted
to march through the Tian’anmen          to stage the parade.                    for almost a decade and caused

20   News From China September 2015
Commemoration of 70th anniversary of war victory

hundreds of millions of casualties,    those attempting to distort and         and question it in an open and
including 35 million Chinese.          manipulate the WWII history to          critical manner. And it is important
                                       serve their short-term political        to stand ready for reconciliation
   “The parade is the 70th             interests.                              and forgiveness,” he said.
anniversary of the victory of allied
forces against Japanese aggression,       It is important that people              Beijing has intended to make the
which was one of the most terrible     keep memories of the terrible           celebrations an international event,
and oppressive invasions and wars      consequences of the war alive           instead of a ceremony marking its
in human history,” said Robert         and see it as a moral and political     own victories and sufferings, by
Kuhn, chairman of the Kuhn             commitment to work for peace            inviting 1,000 foreign troops from
Foundation dedicated to promoting      and security worldwide, former          17 countries to participate in its
China-U.S. relations.                  German      chancellor    Gerhard       first non-National Day military
                                       Schroeder has said in a written         parade.
   The WWII in all aspects was         interview with Xinhua.
very vicious, since it ended with                                                 The presence of troops and
nuclear weapons. It’s important for        Speaking of Germany’s efforts       leaders from various countries
the world to reflect on that and to    to atone for its wartime crimes,        and     organizations      including
make sure it doesn’t happen again      Schroeder,     among       foreign      UN Secretary-General Ban Ki-
in any form, he told Xinhua in an      statesmen invited to witness the        moon, in a festive atmosphere,
exclusive interview with Xinhua        military parade, noted that it had      highlighted the spirits of solidarity
before the parade.                     taken decades for the German            and cooperation, as well as a
                                       people to be able to cope with its      common aspiration for peace and
    While reflecting upon history,     past.                                   development.
honoring sacrifice and paying
tribute to heroism, the grand             “I think it is important for every      In the spirit of cooperation,
ceremony should sound alarm for        country to shed light on its history    the Allied nations defeated the

                                                                               News From China September 2015     21
Commemoration of 70th anniversary of war victory

Axis nations, putting and end to         greater recognition, said Kazakh         the progress it has made, and its
the WWII. Such a spirit is more          President Nursultan Nazarbayev           strategy of peaceful development.
desirable than ever in today’s           in an interview with Xinhua before       In a world of uncertainties, China’s
world, where people are battling         departing for China to attend the        vision of building a multi-polar
such global misfortunes as regional      parade. China made unmeasurable          peaceful world is very important,”
conflicts, terrorism, economic           contributions to the Allied victory      former French Prime Minister
hardships, as well as environmental      in the WWII, he added.                   Jean-Pierre Raffarin said.
and ecological problems.
                                            China’s     military     parade          However, the absence of some
   Besides, the parade and other         symbolizes a sense of pride and is       countries in Beijing, including
ceremonies also brought to light the     a celebration for heroism and the        the United States and a few
Chinese people’s contributions to        older generation’s remarkable feats,     Western countries, inspired such
the victory in the WWII, which has       Nazarbayev said.                         observation that two camps, one
been significantly underestimated                                                 led by the United States and the
until recently.                             In a move to show confidence in       other led by Russia and China, has
                                         national strength and sincerity to       appeared on the political landscape.
    The Chinese people deserve           safeguard world peace and stability,
credit for having faced the threat       China showcased its military                The remarks have gone too far
alone in the early years of the war      sophistication by rolling out 27         and contradicted the very essence
following the beginning of overt         armament formations. Most of the         of China’s V-Day parade. Not to
Japanese aggression in 1931, said        weaponry and equipment has never         mention that in Europe, the style
Nikolay Samoylov, an East Asia           been shown to the public before.         with which Germany reconciled
expert at St. Petersburg State                                                    with its victims should set an
University.                                 “It’s an opportunity to manifest      example for the reconciliation
                                         a country’s force but also to show       between Japan and its Asian
   Chinese      people’s   role in       that it’s not bellicose. In this         neighbors.
defeating      Fascism      deserves     parade, China will demonstrate

             U.N. chief, experts laud China’s
                        role in WWII
    UN Secretary-General Ban                 BEIJING, Aug. 29 (Xinhua)            in 1931 and had conducted a full-
Ki-moon speaks during an interview       -- U.N. Secretary-General Ban            scale invasion since 1937. By the
with Chinese media at the UN             Ki-moon and experts from around          end of World War II, more than
headquarters in New York, the            the world have highly commented          35 million Chinese were killed
United States, Aug. 28, 2015. UN         on China’s contribution to and           or wounded during the Japanese
Secretary-General Ban Ki-moon            sacrifice in World War II (WWII),        aggression.
said Friday that the international       shortly before China’s Sept. 3 parade
community recognizes China’s             to mark the 70th anniversary of its         The U.N. secretary-general will
contribution and sacrifice in the        victory in the Anti-Japanese War.        join 30 heads of state, including
Second World War, and it is very                                                  Russian President Vladimir Putin
important now for the world to               “China’s     contribution    and     and Republic of Korea President
learn from the past lessons and look     sacrifice during the Second World        Park Geun-hie, in attending the
forward in order to build a better       War is very much recognized,             upcoming celebrations of the
world. Ban made the remarks on the       (China is) appreciated for all such      victory in the Anti-Japanese War.
eve of his scheduled trip to China       sufferings, and sympathized by the
next week, his ninth China tour as       world’s people,” Ban told reporters at       China, which won the war in the
the UN chief over the past nine years,   the U.N. headquarters.                   major oriental theatre of WWII,
to attend China’s V-Day celebrations                                              will stage a grand military parade
on Sept. 3. (Xinhua/Li Muzi)                 Japan invaded northeast China        in the heart of Beijing to mark the

22   News From China September 2015
Commemoration of 70th anniversary of war victory

anniversary on Sept. 3.                  Japanese aggression.                       China made unmeasurable
                                                                                contributions to the Allied victory
   Asked about his response to the          Ukrainian historian Oleksiy         in WWII, Nazarbayev told Xinhua
reported Japanese concern on his         Koval called China’s resistance        in an interview before departing for
upcoming China visit, the secretary-     against Japanese invasion an           China to attend the Sept. 3 parade.
general said it is very important for    example of the nation’s struggle for
the world community to learn from        freedom.                                  China’s     military     parade
the past and move forward.                                                      symbolizes a sense of pride and is
                                             “China’s resistance to Japanese    a celebration for heroism and the
   The Chinese people’s contribution     aggression can be called one of the    older generation’s remarkable feats,
to the victory in World War II has       most heroic and tragic pages of        he said.
been significantly underestimated        World War II,” said the expert, who
until recently, said Nikolay Samoylov,   is also a member of the Ukrainian         Nazarbayev also expressed
an East Asia expert at St. Petersburg    Sinologists Association.               concern about some forces’ attempt
State University.                                                               to distort the history of WWII,
                                            During the conflict, Chinese        saying the deliberate manipulation
    The Chinese people deserve           people showed exceptional courage      of history has become a publicity
credit for having faced the threat       and made an enormous national          means for some politicians.
single-handedly in the early years of    sacrifice, he said.
the war following the beginning of                                                 The distortion of history aims
overt Japanese aggression in 1931,          Chinese people’s role in            to serve for short-term political
Samoylov said on the eve of the 70th     defeating Fascism deserves greater     interests, including stirring up
anniversary of the end of World War      recognition, said Kazakh President     social hatred, he said.
II and the liberation of China from      Nursultan Nazarbayev.

                                                                                News From China September 2015     23
China-India Relations

                                       China-India Relations

                              The Call of History

     R
         emarks by H.E. Le             meet so many friends. Thank you         War. The smoke and flames of the
         Yucheng At the Seminar        for co-hosting the event with the       War dragged some 80 countries into
         on         China-India        Embassy and generously providing        the vortex of conflict. To defeat the
Cooperation During WWII                the venue. My special thanks            Fascists became the most urgent
                                       and warm welcome also go to             task to salvage the human race,
     August 18, 2015                   friends from Dr. Kotnis Memorial        and all peace-loving countries and
                                       Committee, India-China Friendship       people from around the world rose
     Rector                            Association and Overseas Chinese        to defense.
     Sudha Pai,                        Association in Kolkata. Thank you
                                       for traveling the distance to join us       The war in China, which broke
     Professor                         and for your efforts and contribution   out the earliest and lasted longest,
     Rekha V. Rajan Kamath,            over the years in advancing China-      was an important part of the World
                                       India relations, especially people-     Anti-Fascist War. And China made
     Professor                         to-people exchanges. You are old        great sacrifice and huge contribution
     Hemant Adlakha,                   friends of the Chinese people, and I    to the victory of the War. Chinese
                                       feel very much at home among you.       people of all parties, ethnic groups,
     Distinguished guests,                                                     beliefs and background joined hands
                                           Seventy years ago, a horrible       in the life-and-death struggle for the
     Ladies and Gentlemen,             catastrophe engulfed the globe. In      survival of the nation.
                                       a vicious attempt to divide and rule
   Good morning! It gives me great     the world, the Fascists launched a          But we did not fight alone.
pleasure to come to the renowned       brutal war of aggression, which was     Selfless support from around the
Jawaharlal Nehru University and        later known to be the Second World      world poured in. Among all the

24    News From China September 2015
China-India Relations

countries and peoples, the Chinese       film “the eternal tale of Dr. Kotnis”     China openly appealed to the British
people will not forget the strong        the other day, I was deeply moved by      ally to grant the Indian people their
political support that India rendered    the sense of justice and compassion       real political rights.
China since the beginning of Japan’s     of the young man, who came from
aggression in the 1930s. We will not     an affluent family yet chose to give         The world will not forget that
forget how Mahatma Gandhi gave           up the comfort of life for a just cause   India was among the first group of
his moral support as he said “my         in a brotherly country. He took root      countries to recognize new China
heart goes to the people of China in     in China and made the ultimate            and to call for the restoration of
deep sympathy and in admiration          sacrifice. In return, he is respected     China’s lawful seat in the United
for their heroic struggle and endless    by a grateful nation and loved by a       Nations.
sacrifice in the cause of their          grateful people.
country’s freedom and integrity                                                       Nor will the world forget
against tremendous odds”, and how            History moves forward in an           Panchsheel, or Five Principles of
Rabindranath Tagore supported the        upward if tortuous journey, and           Peaceful Coexistence, a brain child
Chinese people’s liberation cause        progress is the course for human          of China, India, and other countries
with the power of his pen. It is worth   society. In that War, as in previous      and our joint contribution to the
recalling that when the war broke        struggles,     justice     ultimately     world.
out in Europe in September 1939,         prevailed and peace won the day.
Jawaharlal Nehru was in China,           The collective victory, though at             Now 70 years after the end of
where he not only met the Chinese        great cost, marked a major turning        the War, the world has seen more
leadership but also experienced          point in the history of the world.        than its fair share of ups and downs
Japanese bombing raids.                  Together, we not only defeated            and is still far from being peaceful
                                         the Fascists, but also dealt a heavy      and tranquil. Traditional and non-
    The Chinese people will not          blow to hegemony and broke the            traditional security threats are
forget that as military allies,          foundation of colonialism. Together,      intertwined, and solutions to many
Chinese and Indian armies fought         we brought about an awakening             global challenges still elude us.
shoulder to shoulder against the         in the colonial and semi-colonial
Fascists, notably in the theater in      countries and ushered in a new wave           History can shed light on reality,
Myanmar and the Indian army was          of independence movement around           and lessons learnt from yesterday
instrumental in inflicting the most      the globe.                                are useful guidance for today.
serious land defeat suffered by Japan                                              That’s why on September 3 this
in the war.                                  The great people of India,            year China will join many other
                                         spurred on by the new wave and after      countries in commemorating the
    We will not forget that India        strenuous struggle, finally broke the     70th anniversary of the end of the
provided an important base for           shackle of colonialism and joined the     World Anti-Fascist War. We hope
support materials to be sent             world family of independent nations       to draw lessons, pool wisdom and
into China at a time when many           in 1947. I’ve been reading the history    gain strength from the past, cherish
transport lines were cut off.            of independence in India recently         peace, and work with India and
Hundreds of thousands of Indian          and visited Gandhi Museum. As I           all countries to usher in a better
laborers were mobilized to construct     revisited this remarkable journey, I      tomorrow.
these aerodromes and roads               was deeply inspired and touched by
connecting India and China. Thanks       the Indian people’s national spirit           We must stay ahead of the curve
to this route, much-needed medical       and great sacrifice. There was, as        of times and work for a new world
equipment and other logistic             there is, much empathy between our        order that is more equitable and just.
materials were able to reach China       two peoples.
and contributed to the final victory.                                                  We must build a community
                                            The world will not forget how          of common destiny with shared
   Nor will the Chinese people           India and China sympathized with          interests, as all countries are
forget the Indian medical team who       and supported each other’s liberation     passengers on the same boat in
came to China in the most difficult      and independence efforts in a             this globalized era, and no one is
days of the struggle to care for the     kinship spirit. India’s independence      immune to the challenges of the day.
wounded and save lives, among            movement was widely reported in
them Dr. Kotnis. As I watched the        China and aroused strong support.            We must commit ourselves to

                                                                                   News From China September 2015     25
China-India Relations

common development, win-win             upon us to build on this friendship,    developing countries and emerging
cooperation and mutual respect,         boost the momentum of better-           economies, we share the dream of
reject zero-sum mentality and           than-ever relations, and create a new   national renewal and development.
oppose hegemony.                        splendor in the duet of the “dragon”    We can exchange ideas, align
                                        and the “elephant”.                     strategies and enhance connectivity
    We must all keep to the path of                                             to make our dream come true. As
peaceful development, encourage             Mr. Deng Xiaoping once said, a      ancient civilizations, we can and
inclusive exchanges and achieve         true Asian century only comes when      should leverage our potential and
harmony among different nations,        China and India are both developed.     contribute our wisdom to world
civilizations and faiths.               Mahatma Gandhi once observed            peace and development. Together,
                                        that as a friend of China, I long for   we can leave a better and more
    History has witnessed the           the day when a free India and a         secure world to our children and our
friendly exchanges between China        free China will cooperate together      children’s children.
and India, two ancient civilizations    in friendship and brotherhood for
living next door to each other, over    their own good and for the good                                 Thank you!
the millennium. And history calls       of Asia and the world. As major

 Ambassador Le Yucheng’s Letter to an
         Mumbai little gir
    Dear Tanushree:                     in a time of collaboration and not      AND girls can go to school and
    I’m very happy to receive your      confrontation”.                         receive good education. And you,
letter and I appreciate your interest      Your letter reminds me of my         like many other kids, have loving
in China-India friendship. You          own childhood. Compare with my          and open-minded parents, who
are right in saying that “China and     generation, you are lucky to grow       encourage you to think freely and
India should keep the past behind       up in a much better time. In today’s    embrace the world. I’m heartened by
and move ahead”, as “we are living      India and China, many more boys         the developments as they reflect how

26   News From China September 2015
China-India Relations

                                                                                      way of exchanges. All we need to do
                                                                                      is to open up our mind and unlock
                                                                                      our imagination. And the sky is the
                                                                                      limit.
                                                                                          I sincerely invite you and your
                                                                                      parents to attend the National Day
                                                                                      Reception held by the Chinese
                                                                                      embassy in Delhi on September 24.
                                                                                      Attached are three invitations.
                                                                                          I look forward to meeting you
                                                                                      and your parents.

                                                                                         Yours sincerely

                                                                                                              Le Yucheng
                                                                                                                 Chinese
                                                                                      Ambassador to India
far our countries have traveled in the       country can meet the challenges
past decades.                                alone.
    You wrote in your letter that                We can show more good-will and
“there is still a lot to be done” to build   build trust, as that’s the foundation
closer friendly relations between our        of the edifice of our relations, and
two countries. To tell you the truth,        on that basis, narrow differences
a question on my mind ever since             and expand commonalities so as to
reading your letter is: WHAT can we          remove stumbling blocks and add
do to achieve that?                          building blocks to make the edifice
    When I was your age, that was            stronger.
in 1974, a lot of things happened in             We can join hands in the
the world. But probably one of the           multilateral fora to serve the
most important things for me is that         interests of the region and the world
a professor on architecture, Rubik           by drawing on the Oriental wisdom
Ernő, invented the Rubik’s Cube, or          and contributing new ideas and
                                             solutions.
                                                 We can do more for our common
     Magic Cube. It’s incredible how         planet and common humanity by
such a small cube inspired countless         pursuing sustainable development,
children, and adults, to open up their       so that you and the future generations
minds and unlock their imagination.          can enjoy clean air, blue sky and bask
     So, let’s unlock our imagination        in the sunshine of peace.
and think about the question:
WHAT can we do to build closer
friendly relations between our two               There is a lot we can do, and
countries?                                   I think your imagination will
     We can better appreciate and            definitely dwarf mine, because you
understand each other, because as            grow up in this age of wonder. In
neighbors, we honestly know too              this age, jetliners and high speed
little about each other, let alone learn     rails bring people closer and faster
from each other.                             than ever before. In this age, smart
     We can work together in a               phones, internet and wifi ensure
cooperative spirit, because as               better and easier communication
passengers on a same boat in this            between people. In this age, time
era of globalization, no one and no          and distance no longer stand in our

                                                                                      News From China September 2015   27
External affairs

                                             External Affairs

     Li Keqiang’s speech at Summer Davos
               opening ceremony
     D
           ALIAN,      Sept.    11          Yesterday, I visited a local makers’   - reflects our collective wisdom
           (Xinhua) -- Chinese          space in Dalian after I arrived. The       and consensus, and points the way
           Premier Li Keqiang on        company, which employs only ten            for the future. It is therefore highly
Thursday delivered a speech at the      people, has built an impressive            relevant.
opening ceremony of the Annual          business in just two years’ time. It has
Meeting of the New Champions            attracted 280,000 registered users             I hope the story I shared with
2015, also known as the Summer          through the Internet, and developed        you could somehow help answer
Davos Forum.                            nearly 100 maker products. One             your question about the status and
                                        thing it does is to develop new            direction of the Chinese economy and
    The following is the full text of   models for the utilization of              the future of the world. My message
Li’s speech:                            machine tools. It has collected data       is this: despite the moderation
                                        of some 30,000 machine tools in            in speed, the performance of the
   A New Blueprint for Global           northeast China, and managed to            Chinese economy is stable and
Growth                                  link the production of machine tools       moving in a positive direction.
                                        with consumers on the demand side.         Although       difficulties    remain,
  Special Address by H.E. Li            Their service greatly improved the         there are more opportunities than
Keqiang                                 utilization rate of these machine          challenges.      People’s    creativity
                                        tools. More importantly, building on       and entrepreneurial passion has
   Premier of the State Council of      the wisdom of its 280,000 registered       given us confidence to overcome
the People’s Republic of China          users, it has offered smart solutions      the challenges. We are capable
                                        for upgrading machine tools. The           of meeting the main goals and
   At the Ninth Annual Meeting of       company has an ambitious plan --           tasks set for economic and social
the New Champions                       to not just upgrade the old machine        development this year, and this will
                                        tools, but also build new and smarter      lay a solid foundation for sustainable
     Dalian, 10 September 2015          ones by pooling wisdom via a public        growth in the years to come.
                                        platform. In fact, one could find tens
     Professor Klaus Schwab,            of thousands of small companies                Given the slowdown in global
                                        like this in China, whose creativity       growth, the 7% growth China
     Heads of State and Government,     is beyond our imagination. Whether         achieved in the first half of the
                                        they succeed in the end, they are all      year is not at all easy. Because we
     Distinguished Guests,              like the new champions. Through            are talking about a US$ 10 trillion
                                        them, people see the future of our         economy, for which 7% growth
     Ladies and Gentlemen,              economy, and I believe they are all        actually generates more increase
                                        part of the new blueprint for growth       in volume than the double-digit
   It gives me great pleasure to join   in China and beyond.                       growth in the past. And the 7%
you in the beautiful city of Dalian                                                growth is in fact among the highest
in this golden autumn season of             At the moment, global economic         of the world’s major economies.
September. On behalf of the Chinese     recovery is still weak. Many               What is more encouraging is that
government, let me extend warm          international institutions have            China’s economic structure is rapidly
congratulations on the opening of       downgraded their global economic           improving. Today, the services sector
the Annual Meeting of the New           forecast. The more complex and             already accounts for half of China’s
Champions. I want to welcome all        intricate the situation, the more we       GDP, and consumption contributes
guests who have traveled from afar to   need confidence and hope. In this          60% to growth. Growth in high-tech
Dalian and I also express my sincere    context, the theme of the meeting -        industries is notably higher than the
thanks to friends from the media.       Charting a New Course for Growth           entire industrial sector. Consumer

28    News From China September 2015
External affairs

demands for information, cultural,    growing faster than that of urban           imported has continued to go up.
health and tourism products are       residents. As a result, consumers           China will adopt a more proactive
booming. Energy conservation,         now have more money in their                import policy and place greater
environmental protection and the      pocket to spend. Price level has been       emphasis on the quality of imports
green economy are thriving. New       kept basically stable. Total retail sales   and exports. And China will only
economic growth areas are rapidly     increased by more than 10%. I have          buy more from the world to meet its
taking shape.                         said on many occasions that as long         growing domestic demands. China’s
                                      as there is sufficient employment,          outward investment has maintained
    China’s     steady    economic    and if household income could               rapid growth. The number of
development has benefited the         increase in step with the economy           outbound tourists has notably
people. For us to measure the         and if the environment keeps                increased. Last year alone, Chinese
state of the economy, it’s always     improving, then a slight change in          tourists made over 100 million trips
important to know how the people      GDP growth is acceptable.                   overseas. In the first half of this year,
are feeling. Since the beginning of                                               the number rose by another 10%.
this year, employment has steadily       China’s      steady    economic          When Chinese tourists go abroad,
expanded. In the first six months,    development has benefited the               they not just go sightseeing but
7.18 million new urban jobs were      world. China contributed about              also shopping. This shows that the
created, meaning 72% of our annual    30% to global growth in the first           Chinese people are bullish about
target is already met. Surveyed       half of the year. With commodity            the economic prospects. Given the
unemployment rate in big cities was   prices dropping markedly on the             celebrated tradition of frugality in
around 5.1%. In terms of household    global market, the growth of China’s        China, people would hardly feel free
income, per capita disposal income    foreign trade volume is slowing             to spend if they don’t have a stable
grew faster than the economy,         down. But even so, the actual               source of income. Of course, one
with the income of rural residents    amount of commodities China                 should not forget that more than

                                                                                  News From China September 2015        29
External affairs

70 million people in China are still      performance, nor will we take it          modernization, which all serve to
living in poverty. Yet, the sheer size    lightly. We are taking necessary          generate strong domestic demand.
of the middle-income population           measures of targeted, discretionary       China has a vast territory and diverse
also means huge and fast-growing          and precision macro regulation,           industries. That means, the Chinese
consumer demands. All these serve         mainly to mitigate short-term             economy is supported not by a single
to prove that China is not a source       volatility and prevent its spillover or   pillar but multiple pillars. It is highly
of risks for the world economy but        magnifying effect. We will be fully       resilient and shock-resistant. The
a real source of strength for world       capable to deal with the situation        Chinese people are now working
economic growth.                          once signs indicate that the economy      toward the goal of completing the
                                          is sliding out of the reasonable range.   building of a moderately prosperous
    Despite the many difficulties and     I’m not making an empty promise           society in all respects by 2020. This
downward pressure, the Chinese            when I say that the Chinese economy       will mobilize the whole society
economy is still within the reasonable    will not head for a “hard landing”.       and generate a strong force driving
range. The Chinese economy is             In fact, withstanding considerable        development.
deeply integrated into the global         downward pressure on the economy
market. Given the weak growth of          in recent years, China did not turn           Meanwhile,       the      ongoing
the global economy, China could not       on the money-printing machine or          structural reform is constantly
stand unaffected. Meanwhile, the          resort to massive stimulus. Instead,      delivering benefits. China remains
deep-seated problems that have built      we invigorated the economy mainly         the biggest developing country
up over the years are thrown into         through deepening reform. This            in the world. Development is of
sharper relief. The Chinese economy       has ensured stability in economic         overriding importance. It holds the
is in the state of a new normal. It       performance and allowed room for          key to resolving all issues in China.
is going through a transition with        future adjustment. The fiscal deficit     What we aim for is development
traditional drivers being replaced        ratio of the central government           that is scientific, quality-based,
by new ones. The extensive model of       is relatively low compared with           efficient and sustainable. To achieve
growth in the manufacturing sector        other major economies. There are          such development, further reform
is giving way to more intensive           still many tools at our disposal for      and opening-up is required. We
production. And over-reliance on          innovative macro regulation. We           are comprehensively deepening
investment is abandoned for greater       need to take targeted measures to         reform, accelerating structural
balance between consumption and           overcome downward economic                reform and pursuing an innovation-
investment. This is a painful and         pressure, so as to lay the foundation     driven development strategy to fully
challenging process. Ups and downs        for sustainable and healthy growth        unleash the potential of economic
in growth are hardly avoidable, as they   in the future. It is like playing the     growth. We want to make sure that
are natural in a period of adjustment     Chinese chess game. We need to be         the economy maintains medium-
and transition. To borrow a concept       careful with every move we make           high speed of growth and moves to
from traditional Chinese medicine,        and also keep up the momentum for         medium-high level of development.
they are the “pulse” that shows the       the long run.                             Since the beginning of the year,
health of the economy. Over the last                                                we have deepened market reform
two months, we have seen a slip or           Ladies and Gentlemen,                  in finance, taxation, investment,
fluctuation in certain indicators. Yet,                                             financing and prices. We adopted a
the policies and measures adopted in          We believe that the Chinese           host of measures to lift restrictions
the previous stage are starting to pay    economy is on the right track and         on market access and promote fair
off, and positive factors are building    its future will be even brighter.         competition. We also strengthened
up in the economy, hence the              This is not unrealistic optimism.         reform on structural adjustment.
upward trend in certain indicators.       Our confidence is based on the            Reform in the financial sector has
The fundamentals underpinning             sound foundation, condition and           been advanced in accordance with
a stable Chinese economy have             momentum of economic growth.              market principles and rule of law.
not changed. The ups and downs                                                      An open and transparent capital
in the economy may have formed               The Chinese economy is resilient       market that enjoys long-term, steady
the shape of a curving wave, but          and full of potential. China is going     and sound development is being
the underlying trend remains to be        through the process of a new type         fostered. Meanwhile, we are stepping
positive. We will not be swayed by        of industrialization, IT application,     up risk management to make sure
short-term fluctuations in economic       urbanization      and    agricultural     that no regional or systemic financial

30   News From China September 2015
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