Koon Yew Yin's Blog

The 20th CPC National Congress brief report - Koon Yew Yin

Koon Yew Yin
Publish date: Tue, 25 Oct 2022, 12:28 PM
Koon Yew Yin
0 1,415
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

The century-old Communist Party of China (CPC) is becoming bigger, younger and more vibrant, the latest data shows. The number of CPC members has risen to 95.15 million, almost equal to the population of Vietnam, with more and more young people hoping to join the Party. Many issues have been discussed and finalized resolutions during the 20th CPC week long congress. Since there is no opposition political party to check and balance, CPC has to be extra careful to make sure that all their rules and regulations are for the benefit of the people.

The 20th National Congress of the Communist Party of China (CPC) began on October 16 and closed on 22, gathered more than 2,200 party delegates to deliberate on the progress of the goals set forth in the 19th Congress and those to be achieved moving forward.

With the opening of the 20th CPC National Congress, Western media attempted to undermine China by spreading innuendos about the country. Such baseless rumors demonstrated the ceaseless attempts of certain countries, namely the U.S. and its European allies, to discredit China's governance system. Yet no amount of anti-China slander changes the importance of the 20th CPC National Congress to the world.

Contrary to Western media hype, the CPC has already demonstrated a high level of stability that is sorely missing in much of the world. The CPC has proven its legitimacy to the people through concrete actions. China comes into the 20th CPC National Congress having achieved the CPC's first centenary goal of "Xiaokang," a moderately prosperous country in all respects, in 2021. The CPC led the way in eradicating extreme poverty in China ahead of schedule and has met recent challenges such as the COVID-19 pandemic and a U.S.-led containment with strength and resolve. The interests of the Chinese people have been safeguarded by the CPC in national development, and the principal of peace has been prioritized by the Party in all aspects of its foreign policy.

The 20th CPC National Congress will lay the path forward to the second centenary goal of the party – the achievement of a modern socialist country by 2049. A key step in this goal is to fulfill the promise of socialist modernization by 2035. The CPC's pursuit of socialist modernization is not merely development for development's sake, but intrinsically connected to the wellbeing of the people.

In his report to the 20th CPC National Congress, Xi Jinping affirmed that common prosperity for all and material, ethnic, cultural, and ecological advancement are pillars in China's process of socialization modernization. China will not only pursue economic growth as a whole but also quality growth that reduces inequality, tackles corruption, increases collective prosperity, and restores the ecological integrity of the natural world.

The CPC is therefore pursuing a path that is incredibly important for the future of the entire planet. Indeed, China's development is deeply connected to the global economy given that the country of 1.4 billion people has the world's largest manufacturing sector and comprises of over 18.5 percent of global GDP. But the CPC's pursuit of socialist modernization also provides alternative model of cooperation to nations seeking development without sacrificing sovereignty, stability, and peace.

In his report to the 20th CPC National Congress, Xi stressed that China is offering "a new choice" for humanity to economically advance outside of a unipolar, Western-led framework of colonization, domination, and inequality. He asserted that China stands resolutely against aggression and interference in the sovereignty of other nations.

This means that the benefits of China's pursuits are shared by all. In an era of unprecedented global challenges, the stability of the CPC's leadership over a rising China offers much hope for humanity. U.S.-led activities in Ukraine, for example, has brought the world closer to global conflict and has brought with it increased hunger, poverty, and inflation from the impact of counterproductive sanctions against Russia.

Throughout this conflict, the CPC has continued a longstanding policy of opposition to sanctions of any kind and has maintained diplomatic and economic channels critical to creating an environment for peace. Poorer nations in the Global South can thrive from win-win opportunities such as the Belt and Road Initiative, which the World Bank predicts will reduce poverty for nearly 40 million people worldwide through its transport projects alone.

The increased global interest in the CPC's 20th National Congress is a reflection of a changing world. For decades after World War II, "multi-party democracy" was viewed in a U.S.-dominated global order as the standard for good governance. No more. A stormy winter of economic crisis and militarism is coming for the U.S. and the EU, sharpening the contrast between the U.S.-led unipolar order and China's model of global cooperation.

Humanity is crying out for real, collective solutions to poverty, climate change, war, and public health crises such as the COVID-19 pandemic and the CPC is charting a path toward these ends that the world can find inspiration from.

CPC achieved an average of 10% annual GPD growth rate in the last 80 years as shown below:

US achieved an average of 3 % annual GDP growth rate in the last 30 years as shown below. If China achieved an average of 10 % annual growth rate in the last 80 years, China should be richer than US. But the western media always downgrade China.

Homeless people in US

These are the latest 7 CPC leaders with Xi Jinping as Secretary General.

More articles on Koon Yew Yin's Blog
Sendai is still up trend - Koon Yew Yin

Created by Koon Yew Yin | Apr 30, 2024

As shown on the chart below, Sendai has been dropping in the last few days. Today all shareholders must be wondering to sell, hold on or to buy some at a cheaper price.

Eversendai Corporation made a remarkable comeback in FY2023 - Koon Yew Yin

Created by Koon Yew Yin | Apr 22, 2024

Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:

Sendai price trend reversal - Koon Yew Yin

Created by Koon Yew Yin | Apr 22, 2024

Sendai price chart below is showing its price trend reversal. It is hitting a record high.

How can KSL double its profit? - Koon Yew Yin

Created by Koon Yew Yin | Apr 18, 2024

After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.

Why Sabah will leave Malaysia - Koon Yew Yin

Created by Koon Yew Yin | Mar 29, 2024

Currently Sabah Government does not know that solar panel produces the cheapest electricity???

Malaysia can be one of the richest nations in the world - Koon Yew Yin

Created by Koon Yew Yin | Mar 23, 2024

During my life time I saw every Prime Minister being replaced by another politician for one reason or another. Dr Mahathir managed to stay the longest time of 22 years.

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Mar 04, 2024

All property developers have just announced their annual profit for 2023. All of them reported increased profit.

My contribution as an Engineer - Koon Yew Yin

Created by Koon Yew Yin | Mar 04, 2024

Although my writing of this article sounds boastful but I feel that it is important to keep this record for posterity. Engineers play a pivotal role in shaping our modern world.

What can KSL can do to benefit shareholder? - Koon Yew Yin

Created by Koon Yew Yin | Mar 01, 2024

What can KSL do to benefit shareholders? I hope all the shareholders will read this article so that they can attend the coming annual general meeting to vote out those directors who are seeking re...

All Investors require Anticipation - Koon Yew Yin

Created by Koon Yew Yin | Feb 29, 2024

After the stock market closed, KSL announced its 4th quarter ending Dec 2023 EPS of 12.74 sen. The total is 40.76 sen for 4 quarters. Its total EPS for 4 quarter ending 2020 was only 17.8 sen.

Discussions
Be the first to like this. Showing 3 of 3 comments

Tobby

Obviously Grandpa Koon is clueless about CCP! It's now belong to Emperor Xi! It's absolutely leadership! That's why china stocks are dropping like turd all over the world! They know FDI into China has ended! We are entering cold war era between US and China!

2022-10-25 20:01

uncensored

給中共黨媒一記耳光:習為世界送上有史以來最大驚喜【紅朝禁聞】
二十大 進行時,紐約時報 發文諷刺,謝謝你,習近平 。與此同時,中國社會各種災難正在不斷醞釀

https://www.youtube.com/watch?v=Nx8eE8uI_Mo

希望之聲TV
267K subscribers

67,924 views Oct 21, 2022

二十大 進行時,紐約時報 發文諷刺,謝謝你,習近平 。與此同時,中國社會各種災難正在不斷醞釀

2022/10/20内容提要:
紐時發文感謝習近平 給中共一記耳光
北京「四通橋」事件升級 彭立發恐遭重判引關注
喊話北京 台國安局長:武力攻台沒有贏的可能
反了!封城封區正在中國上演 民怒砸核酸處
不惜代價堅持清零 上海斥巨資大規模擴建方艙醫院

2022-10-25 20:16

qyishigedashuaige

China is now divided in its own internal affairs, the people at the bottom are living so badly, the middle class you can go ask who is living well! Know the facts before making comments, although the Chinese Communist Party's achievements are good, but they are licking the blood of the people to take out for show!

2022-10-31 01:07

Post a Comment