- New Year greetings in Chinese
- Grand Sinolytics.Outlook on the Year of the Tiger: 20th Party Congress + Supply Chains + Common Prosperity + Market Environment + Cybersecurity.
- Journalists’ association complains about interference and assaults
- Covid keeps spreading
- Record for offshore wind power
- Profile: Xue Yinxian fights against state-mandated doping
- CCTV New Year’s gala: tacky, flashy and beautiful
You will certainly hear and read the New Year greeting 新年快乐 (xīnnián kuàilè) on all street corners in China these days. But there are other ways to wish others a Happy New Year:
恭贺新禧 gōnghè xīnxǐ = Happy New Year
or also
恭喜发财 gōng xǐ fā cái = Congratulations And Prosperity
Whichever greeting you choose: China.Table wishes you a wonderful New Year of the Tiger! After all, today on February 1st, China is celebrating the Spring Festival, the most important holiday in Chinese culture.
The best way to celebrate the New Year is traditionally: by eating chicken, jiaozi or fish with your family. Although you probably shouldn’t eat all the fish, because 鱼 yú (fish) sounds like 余 yú (abundance) – and you don’t want to use it up on the first day of the new year.
Then, after dinner, you should join about 700 million other Chinese in front of their TVs to watch the CCTV New Year’s Gala. And those who still manage to keep their eyes open afterwards, probably laid out the Mahjong pieces on the living room table.
However, we at China.Table offer neither chicken nor shows, but information. That’s why we came up with something special for the holiday: In cooperation with Sinolytics, a consultancy entirely focused on China, we’re presenting you five predictions for the Year of the Tiger. They will help you make the right decisions in various areas in 2022:
- Domestic policy
- Supply chains
- Society under the banner of “Common Prosperity”
- Business environment
- Cyber and data security
And last but not least, today our logo is also dedicated to the beginning of the Year of the Tiger.
As usual, you can catch up on the most important developments in our News section.
On that note: 岁岁平安 suì suì píng’ān = May you always have peace year after year!
Michael Radunski
Sinolytics.Outlook
20th Party Congress: changes in the Xi Jinping’s wake
Xi will (likely) stay for a third term
- The Chinese Communist Party (CCP) will meet for its 20th party congress in October or November 2022. The 2,300-member party congress convenes every five years and features major personnel turnover in the Central Committee, among which the country’s top and future leaders will be selected.
- Xi will almost certainly receive a third term. After the removal of the presidential term limit in 2018, the recent adoption of the third historical resolution of the CCP in November 2021 elevated Xi’s status to a new height. The first and second such resolutions were adopted during the Mao and Deng eras, respectively.
Substantial reshuffling and generational change underway
- The nomination age ceiling for the Central Committee means about half of the full Committee members are to be replaced. For the first time, officials born in the 1960s or later will be in the majority.
- The same age dynamics apply to the top leaders. While the 1950s generation still dominates the 25-seat Politburo, the age norms (retirement by age 68) means upcoming personnel change. This will affect prominent politicians including Liu He (69), who orchestrated the US-China trade negotiations, Yang Jiechi (71), foreign minister and current premier Li Keqiang (67).
- Many China observers see this major demographic shift as a rare moment in the political system. But the impact on actual policymaking should not be overestimated. The new generation will still be highly aligned with Xi’s vision: Even though the generations born after 1965 generally show more pro-market attitudes, factional ties and personal networks weigh heavy in party advancement, ensuring alignment.
Major policies to be expected in post-congress 2023
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