World Briefing | Asia: Chinese Leader Offers Policy Hints



The state news media confirmed Monday that Xi Jinping, the new Communist Party chief, visited Guangdong Province over the weekend, a trip first reported by Hong Kong news organizations. Mr. Xi chose Guangdong and the special economic zone of Shenzhen for his first tour outside of Beijing as party chief, signaling that he might favor more market-oriented economic policies. Xinhua, the state news agency, reported Monday that Mr. Xi met with business executives in Guangzhou and talked about tax reform, support for exports, aid for small businesses and land use. “We need both a firm confidence in victory and a stronger sense of peril,” he said, and added that officials should carry out “deeper reform,” improve the mechanisms of the market economic system and strengthen the “rule of law.”


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World Briefing | Asia: Chinese Leader Offers Policy Hints