In the final run-up to 20th Party Congress, Senior Communist Party officials in China are lavishing praise on President Xi Jinping, using words such as “beacon,” “compass,” and “fulcrum” to refer to his status.
The acclaim comes months ahead of the important political event in China, where Xi is likely to secure an unprecedented third term as the party’s chief.
What Happened: Communist Party’s Henan province boss Lou Yangsheng said that the Chinese President’s political theory should be taken as a “lifelong lesson” by local officials. He also called for an “item-by-item” and effective implementation of Xi’s instructions, SCMP reported.
In an article published in Study Times, a publication from the Central Party School, the Henan province boss also called for “remembering the lingxiu’s instructions.”
‘Lingxiu’ is a reverential term for “leader,” which was commonly used more than three decades ago.
The report pointed out that more than nine provincial party chiefs, including Lou, have written articles in party publications pledging their loyalty to Xi in the past two months.
According to SCMP, the party chooses its top leaders from the talent pool of regional chiefs. Many who recently hailed Xi are considered frontrunners to join the party’s decision-making body, the 25-strong Politburo.
Such praise doesn’t always guarantee a promotion.
Liu Shiyu, the China Securities Regulatory Commission chairman, once praised Xi, saying he “saved the party, saved the military, and saved the country.” He would later be the subject of a corruption probe in 2019 and got demoted.
The date for the 20th Party Congress is yet to be announced. The event would be crucial for Xi and China as it comes amid a looming economic growth crisis and a high unemployment rate affected by Communist Party’s zero-Covid policy.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.
All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.
Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.
Rate collection and criteria: Click here for more information on rate collection and criteria.