It is highly noteworthy that, for the first time, the media were included in the national reform program by Chinese leader Xi Jinping in a speech on Monday.
In a policy speech on the US' Asia-Pacific strategy delivered at the East-West Center in Honolulu, Hawaii last week, US Secretary of State John Kerry said the United States is seeking to forge a relationship with China that broadens cooperation on "common interests".
IT HAS LONG BEEN CONTROVERSIAL FOR the top executives of State-owned enterprises to receive annual incomes of millions of yuan while still enjoying privileges identical to ranking officials. Reform of the salaries and privileges for these executives, which was discussed on Monday at a meeting of the central leading group on deepening reforms, will hopefully change this.
This year marks the 110th anniversary of the birth of Deng Xiaoping, as well as the beginning of comprehensively deepening reforms which were laid out by the Third Plenary Session of the 18th CPC Central Committee. Being a decisive move in the rejuvenation of modern China, the reform and opening-up initiated by Deng over three decades ago has proved to be the sole and only way to revive the country in the long run.
China has come a very long way since Deng Xiaoping articulated his vision of a reformed and modern China in December 1978. More than 35 years after the historical Third Plenum of the 11th Central Committee of the Communist Party of China in December 1978, "socialist market economy" has become a frequently used phrase in modern economic and development literature.
It is predictable that many analysts have intuitionally connected the falling foreign direct investment into China in July to the country's recent antitrust probes, in which a number of foreign companies have been investigated.
A recent survey shows that the average salary of more than 350,000 college graduates across the country this year is only 2,443 yuan ($397). The survey on post-1990 generation graduates, conducted by Peking University Market and Media Research Center and information portal website Ganji.com, also shows that more than 30 percent of the graduates have to live off their parents and about 40 percent spend all the money they earn.
By directing China's reform and opening-up since 1978 and innovating socialism with Chinese characteristics, the late Chinese leader Deng Xiaoping made a breakthrough in improving the institutional building of modern China, leading the country from the rule of man to the rule of law.
Michio Hamaji voted for Shinzo Abe's Liberal Democratic Party at the general election in December 2012 but there has been a twist since then. Hamaji, a Japanese businessman, 72, supports Abe's economic policies, dubbed Abenomics, but does not hold with Abe's vision of changing the country's Constitution.
MANY TAKE IT AS A SIGN OF PROGRESS; AS IT looks like we, too, have an accountability mechanism.
Two missions need to be completed to make the accountability mechanism truly work. First, when officials are removed from their posts, their previous administrative ranks should be removed as well. Second, the governments need to explain to the public about these officials' performances, the evaluation process and the review results. Only by increasing transparency can the process gain more people's trust.
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Raymond Zhou
Op Rana
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Huang Xiangyang
Chen Weihua
