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Key take aways from The Governance of China by Xi JinPing

Vision

- The Chinese dream

make country strong and prosperous
- revitalize the nation
- make people live better lives

- 2 centenary dream

baseline being the 1840 opium war
- a moderately prosperous society by 2021
- fully rejuvenating China to its former glory by 2049

Modus operandi

- perpetual learning and improvement
- the path of socialism with Chinese characteristics
- further develop the theory of socialism
- system to guarantee outcome
- holistic view when developing policies
- "*A wise man changes his way as circumstances change; a knowledgeable person alters his means as times evolve*"
- Employ the way of the *gentleman*
- Fostering of core values to ensure population knows what the right thing to do
- "*A warlike state, however big it may be, will eventually perish*"

Strategic objectives

- System integrity

stem out corruption within the public service
- safeguarding state sovereignty
- coordinating national security in the environment of rapid technology innovations
- staying close to the people in the grassroots

-  Reform

figuring out the relationship between the government and the market
- Free the mind
- Develop productive forces

- Progress

Education to cultivate young people to boldly strive forth and including overseas
- Technological invention and innovation combined with social development

internet
- Bandwidth
- cyber security
- AI
- robotics

- Management know-how
- Urbanization of rural areas
- Military build up
- Energy sufficiency - one belt one road, climate change

- Consolidation

Hong Kong
- Macao
- Taiwan
- All foreign Chinese nationals

Key challenges

- Allow market to play decisive role in allocating resources and let government perform its function better
- imposing order on the markets to prevent people seeking economic benefits through
- dealing with production lags
- effective competition to yield superior outputs
- inconsistent market rules leading to rampant protectionism within local markets
- fiscal and taxation systems to divide power between national and local government
- management of technology security risk

foreign relations

- inclinations

averse to hegemony
- averse to war
- averse to intervention

- Mexico, Latin America
- Russia - trade using local currencies and go off the USD
- US - on cyber security
- Asia

67% of world's population
- aims to become leader in region
- increase imports from this region into China
- improve regional security

- One belt one road

Africa - technology transfer and trade via one belt one raod
- EU - trade
- Central Asia and Middle East - invesments, trade and oil for energy needs via one belt one road

Related references

- *Taoism*
- *Mohism*
- *The Mencius*, Meng Zi
- *Strategies of the states*, Zhan Guo
- *The Great Learning*, Confucianism
- *The book of songs*, King Wen
- *The book of rites*
- *Advice to my son*, Zhuge Liang
- *The methods of Sima*, Si Ma Fa