New leadership navigates China on right course(2)

Special: Two Sessions 2023

Lu Qingguo, an NPC deputy from Hebei province, said he believes that the rich expertise of the new leadership, especially at local levels, will contribute to a better policymaking process.

He said he expects the new lineup of senior officials to move forward with reform and opening-up and rely on innovation to drive high-quality growth.

"More reform is needed to spur the enthusiasm of various sectors," Lu said. "China also cannot afford any backpedaling in its strides of opening-up, especially when it seems that the international environment is not favorable," he said.

President Xi reaffirmed the nation's support for the private sector while taking part in a joint group meeting with national political advisers on March 6, calling for steps to improve the business environment, remove institutional barriers to level the playing field for private businesses, and protect their property rights and interests.

Lu, who is also board chairman of Chenguang Biotech Group, a private enterprise, said a strong emphasis of the new central government leadership should be fulfilling the expectations of the private sector and "enabling them to pursue growth without any worries". He highlighted the need to offer private businesses more assurances through legislative efforts.

Wang Huiyao, a former counselor for the State Council and president of the Beijing-based think tank Center for China and Globalization, said the newly appointed senior officials had grown their expertise in the country's reform and opening-up, which started over four decades ago.

"They are familiar with the market economy and the private sector and have rich experience working at local levels. We have reason to believe that they will play a greater role in contributing to the Chinese path to modernization," Wang said.

Qin, the foreign minister and state councilor, also honed his expertise as Chinese ambassador to the United States, Wang added.

"China's reform and opening-up is an endeavor to which there is no end," Wang said. "The key for the nation is to focus on its domestic agenda while remaining committed to promoting economic globalization."

Veronika S. Saraswati, a researcher at the Jakarta-based Center for Strategic and International Studies, said the new Chinese government can elevate its economy well above the impact of COVID-19, and carry on with win-win solutions, which are much needed at a time when global development faces unilateralism and protectionism.

"China really focuses on research and development. That is why China's development is very scientific, which has even surpassed European countries," she said.

Syed Ali Nawaz Gilani, secretary-general of the Pakistan China Friendship Association, Khyber Pakhtunkhwa Province, said that China is expected to advance the Belt and Road Initiative, which will provide more opportunities for other economies.