People's Congress Turns to Billionaire Club

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Uploaded by on Mar 7, 2011

The CCP's two meetings with People's Congress and
Political Consultative Conference repeat the same tune
of Party leadership and stability.
Premier Wen admits corruption, income disparity,
housing and goods price soars, and food safety issues.
Overseas media report that People's Congress
has become a millionaire club.

People's Congress, known as the 「rubber stamp,」
concluded its meetings on March 5.
Wen Jiabao reported on the next 5-year plan.
The GDP is expected to grow at 7% annually,
lower than the previous 11.2% annual growth rate.

Economists believe China's inflation and asset bubble
are caused by the CCP's sole pursuit of GDP.
It is necessary to re-structure the economy,
especially to re-orientate the export-oriented economy.

Wen said China will stabilize prices as a key task,
including stabilizing housing and goods prices.
He stressed improving people's living standard,
and reducing the widening economic disparity.
Those officials who fail to perform well
in these key tasks will be held responsible.

China will increase minimum wages in 31 provinces.
But rising prices will dampen consumption capacity.

Cai Yongmei of Hong Kong's Open magazine said,
income distribution is becoming more unfair
and the gap between the rich and poor is widening.
Without fairness, internal conflicts are bound to
become greater despite rapid economic growth.

Overseas media note China's income disparity.
Bloomberg News pointed out that
38 people at People's Congress are billionaires.

Hurun Report shows the 70 richest people
at the People's Congress own US$75.1 billion.
In comparison, the richest 70 U.S. Congress members
only have assets of US$4.8 billion, while per capita GDP
of the U.S. is 10 times that of China's.

of the U.S. is 10 times that of China's.
who possess one billion Yuan RMB or above,
167 are the Chinese national congress members.

In last year's congressional report, Wen Jiabao vowed
to enable the people to live more happily in dignity,
and bring more justice to the society.

Nevertheless, one year later, the official China Daily said
an online survey show 94% of Chinese people unhappy.
CCP's systematic corruption caused unfair wealth
distribution, income disparity and great discontent.

Huang Jing, public policy professor at Singapore
National University: As we know, when creating wealth,
you may not need a new political system,
but when distributing wealth, you must have
a new political system in place. All the political
reforms and revolutions stem from wealth distribution.

China's Gini Index, which reflects wealth disparity,
increased dramatically from 0.3 to nearly 0.5 now,
in a span of 25 years, surpassing the unrest limit of 0.4.

Regarding anti-dictatorship movements in North Africa
and Middle East, the CCP intensifies its suppression
by considerably increasing stability maintenance spending,
instead of carrying out political reforms.
Over 100,000 unrests take place in China every year.

Cai Yongmei: 「In democracies, social crises and
conflicts exist, but the society can self-regulate
and resolve them through democracy and free info flows.
However, in a despotic society,
public opinions are suppressed and information is blocked,
and people do not have their freedom.
The society cannot self-regulate its crises and conflicts.
It will collapse when conflicts accumulate to a certain degree.

As the 「Jasmine Revolution」 is spreading in China,
the CCP leaders fear for the term 「democracy」.
In Wen's 2-hour-long report,
the word 「democracy」 was only mentioned 3 times.
In contrast, in the CCP's national meeting in 2007,
Hu Jintao mentioned 「democracy」 over 60 times.

Former Northeastern Regional Director of Wenweipo, Jiang Weiping said,
Jiang Weiping said the corruption of communist party officials
is getting rampant. The main cause is that,
the anti-corruption campaign was not carried out
to fundamentally eliminate corruption, but was carried out
for the need of internal party struggle.

In his report, Premier Wen once again proposed to
actively push forward the political reform.
However, even though this task was raised last year,
it is still merely an empty slogan up to date.

Chen Yongmiao, a scholar on political reform of China
said: "The Communist Party's assessments and analysis
on social and political conflicts were very clear,
but the problem is that it is never possible to carry out.
They say one thing but doing another, no effect on
the crisis of the existing social system.
People are despaired."

Foreign analysts pointed out, all the Communist China
has done is to maintain its interests of the authoritarian
and bureaucratic system. Sooner or later, it will lead to
the outbreak of China's total social crisis,
when people awaken to abandon the CCP regime.

NTD reporters Li Yuanhan and Zhou Tian.

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