China will ‘never seek hegemony,’ Xi says in reform speech


Team Udayavani, Dec 18, 2018, 3:03 PM IST

Beijing: China will never pursue hegemony, President Xi Jinping said Tuesday as global concerns persist over the country’s growing economic influence.

During a speech to mark 40 years of market reforms, Xi repeated China’s commitment to a multilateral trading system and further opening of its economy. However, he did not announce any new initiatives to counter a slowing economy and trade frictions with the United States.

The Chinese leader said China would not develop “at the expense of other countries’ interests.” China’s expanding footprint worldwide from Asia-Pacific to Africa and beyond through a broad network of infrastructure projects called the Belt and Road Initiative has led some nations to raise the alarm over what they call China’s long arm of influence, which has been criticised for being political as well as economic.

While Xi said China is “increasingly approaching the center of the world stage,” he also noted that the country pursues a defensive national defense policy.

“China’s development does not pose a threat to any country,” Xi said. “No matter how far China develops, it will never seek hegemony.” Xi chronicled at length the country’s recent achievements, giving special credit to former leader Deng Xiaoping, whose reforms Xi said saved China from the brink of economic collapse following the tumultuous Cultural Revolution.

Other celebrations of reform and opening up have been criticized by scholars for downplaying the role of Deng, widely considered the architect of the changes, in order to elevate Xi.

This time around, Xi spared no praise for Deng, as he began by remarking on the significance of 1978 the year Deng implemented his first reforms.

During the ceremony, 100 individuals were recognized as pioneers of reform. The eclectic slate included NBA player Yao Ming, Alibaba founder Jack Ma and Nobel prizewinning scientist Tu Youyou. They received their medals to the tune of “Story of Spring,” a patriotic ballad paying tribute to Deng.

Throughout, Xi emphasized the absolute rule of the Communist Party and its upholding of Chinese sovereignty.

“No one is in a position to dictate to the Chinese people what should or should not be done,” he said. 

“We will resolutely reform what can and needs to be reformed, and we will resolutely uphold what cannot and does not need to be changed.” Xi’s speech espoused “above all else,” said Julian Gewirtz, an international affairs scholar at Harvard, “the distinctiveness and absolute correctness of China’s path under the party’s leadership.” 

“This was a broad attempt to provide a really positive, confidence-building story of China’s past 40 years and its future,” said Gewirtz, who has written a book about China’s economic reforms.

The address won’t assuage concerned private entrepreneurs and foreign businesses, who had hoped Xi would use the occasion to announce concrete industry-opening measures to shift dominance away from state corporations.

China’s push to dominate the high-tech industry by 2025 is a sore point with Washington and a contributing factor in trade tensions that have seen the world’s two largest economies slap billions of dollars in punitive tariffs on each other’s products this year.

In a move welcomed by global stock markets, President Donald Trump agreed Dec. 1 to postpone more U.S. tariff hikes on Chinese imports for 90 days while the two sides negotiate over American complaints about Beijing’s technology policy.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

MP: Farmer finds 7.44 carat diamond in Panna mine, his second discovery in three months

Congress govt ordering probe into Covid-19 handling during BJP regime has malafide intent: Yediyurappa

Maharashtra polls: Priyanka invokes Bal Thackeray, Shivaji Maharaj’s ‘insult’ to target Modi

Karkala: SLRM staff win praise for returning gold chain found in garbage

Krishimela 2024: Roaring success despite rain, encourages innovations

Nayanthara slams Dhanush for sending Rs 10 crore lawsuit over her documentary: All-time low for you

Lokayukta asks Minister Zameer Ahmed Khan to appear on Dec 3 in assets case

Related Articles More

Vivek Ramaswamy indicates massive government job cuts in US

COP29: BASIC countries ask rich nations to honour commitments for climate finance rather than “diluting obligations”

COP29: Three days in, countries still waiting for ‘workable’ climate finance draft

Elon Musk, Vivek Ramaswamy to lead Department of Government Efficiency: Trump

COP29: UN climate chief calls for urgent climate action to counter economic fallout, inflation

MUST WATCH

| ₹50 LAKH SEIZED FROM TIRE |

New Technology In Kambala

Lakshdeepotsava 2024 Shree Krishna Mutt

Punganur Cow

Rangoli design


Latest Additions

MP: Farmer finds 7.44 carat diamond in Panna mine, his second discovery in three months

Udupi: Practicing Karate is a necessity for self-defense today, says Puthige Sri

Kerala govt to consider increasing virtual queue bookings for Sabarimala

Congress govt ordering probe into Covid-19 handling during BJP regime has malafide intent: Yediyurappa

Extra time for students with type 1 diabetes in CBSE exams: Kerala SHRC seeks report

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.