ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

CGTN: How does China ensure the people govern the country?

“Whole-process people’s democracy is the defining feature of socialist democracy; it is democracy in its broadest, most genuine, and most effective form,” Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee, wrote in an article published on Friday.

His key statements about China’s system of people’s congresses and whole-process people’s democracy, which were published in the Qiushi Journal, emphasized the importance of ensuring the Chinese people run the country.

What is whole-process people’s democracy? How does China’s democratic system work? The story of renewable energy expert and legislator Zhang Tianren may help to explain.

As one of more than 2,000 deputies to the National People’s Congress (NPC), China’s top legislature, Zhang, also the chairman of a leading renewable energy enterprise, has been closely watching the development of green energy, carbon emissions and climate change for decades. Over the past 10 years, Zhang has submitted over 200 suggestions and proposals to the NPC.

During the annual NPC plenary meetings in 2023, Zhang submitted four proposals on amending the Environmental Protection Law and making climate change laws, as well as 27 suggestions on optimizing the production capacity of recycled lead and enhancing the battery recycling and new energy storage industries.

Over the years, China has accelerated its high-quality development and sped up its green transformation. In September 2020, President Xi announced that China aims to peak carbon emissions before 2030 and achieve carbon neutrality before 2060.

Zhang’s proposals and suggestions caught the attention of the Ministry of Ecology and Environment and the NPC Standing Committee.

A recent report by the legislative organ stated that Zhang’s proposal about making laws on addressing climate change and promoting carbon neutrality has been adopted, and it will “actively work with other departments to carry out research” and “make it into the annual legislative work schedule when the time is right.”

China has steadily improved the institutional guarantee system of people’s democracy, and gradually developed whole-process people’s democracy in national governance to ensure people’s extensive political participation.

Taking the first-ever Civil Code, which took effect in January 2021, as another example. The Code was compiled over five years, during which some 425,000 people provided 1,020,000 opinions.

“Whole-process people’s democracy in China not only has a complete set of institutions and procedures, but also has full-fledged civil participation,” Xi noted in the article published in the Qiushi Journal.

https://news.cgtn.com/news/2024-02-16/How-does-China-ensure-the-people-govern-the-country–1reWMlUIk92/p.html

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.