China's excessive epidemic prevention detonated the white paper revolution, and the people took to the streets to protest.

(AFP)

[Financial Channel/Comprehensive Report] Hu Shuli, the helm of the well-known Chinese financial media "Caixin.com", reposted a "pig head photo" on his personal microblog last year because of Xi Jinping's clean-up of the political and legal system, which sparked outside speculation that he would challenge Xi Jinping.

Faced with Xi’s zero-clearing policy and the entire Chinese economy dying, Caixin today’s editorial titled “Reform and Opening-up” is the title of the economic return to the right track. Stability and development still depend on reform and opening up."

Caixin’s editorial today stated that Chinese Premier Li Keqiang presided over the executive meeting of the State Council a few days ago to deploy a package of policies and follow-up measures to stabilize the economy and fully implement them, consolidating the foundation of economic stability and upward growth.

Experts and scholars have also put forward their opinions and suggestions on getting the economy back on track.

There is an important consensus among these proposals: to deepen reform and expand opening up.

Please read on...

The article pointed out that the current economic recovery in China is unstable and the foundation is not solid.

Compared with September, the economic indicators in October have dropped across the board.

Judging from the recently released data such as the manufacturing PMI of the Bureau of Statistics, the downward pressure on the economy continued to increase in November, making it "extremely difficult" to achieve the annual growth target.

As the article opens, the Chinese local government has stepped up efforts to prevent and control the epidemic, requiring businesses to close their doors, temporary control of communities, and citizens staying at home. This has seriously disrupted the normal economic and social order. The consequences of improper control have caused huge losses to the Chinese economy. .

The article emphasizes that if China's economy is to get back on track, it must persist in reform and opening up.

This is the basic experience of China's economic and social development over the past 40 years.

The reform and opening-up route is not only an important historical experience, but also a current practical need, and it is an "inevitable requirement" for the high-quality development of China's economy.

The article stated that Jiang Zemin, the "collective core" of the third-generation central leader of the Communist Party of China, passed away. While mourning deeply, he couldn't help looking back to the past. He deeply felt that China's economic stability and development must rely on reform and opening up. "This is the best consolation for the pioneers of China's reform and opening up. and Memorial".

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