Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews The CPC new promised deal's reformation made the decision at the Third Plenary Session closing. It has to uphold the old system of common ownership as the mainstay. The Latest news said that Chinese leaders Xi Jinping and Li Keqiang had to give up the previous proposition to keep the regime and prevent the CCP's immediate collapse. Outsiders pointed out that dual track economic reform had improved the economic situation and supported the CCP's ruling for over 30 years. But now, the old system has reached a dead end with lame reform. In recent months, the Chinese Premier Li Keqiang repeatedly claimed to deepen the reforms in China and "cut losses quickly". On the eve of the Third Plenum, Xi Jinping also claimed to carry out a full range reform with an unprecedented scope and strength without "touching the stone across the river". The "Communique" of the Third Plenary Session of the CPC claimed that to comprehensively deepen reform, we must hold high the great banner of socialism with the Chinese characteristics in guidance of Marxism-Leninism, using the mainstay as common ownership. Chinese economist Mao Yushi: No country with public ownership has been successful including China. China's success is not because of common ownership but the introduction of private ownership. So it's totally wrong to claim common ownership as the reason of success. "Voice of America" commented that the Chinese public felt very scared and even hate the CCP's over 30 years' reform propaganda. The so-called public sector definition is the means of production owned by the whole people. And today's China, the CCP's dignitaries made the state owned enterprises as their money spinner. Former CCP leader Jiang Zemin's family control the Chinese telecommunications industry, Zeng Qinghong and Zhou Yongkangs' families control the oil and energy; Li Peng's family control the power sector. Things deeply hidden are Liu Yunshan's son is a famous financial tycoon; Li Changchun's family then took partial control of of the Cultural Fund. On the eve of the Third Plenum, "PetroChina" and "Sinopec" both released their third quarterly report for 2013, claiming that the previous three seasons' net profit are 146.9 billion yuan which means 538 million yuan net profit each day. Chinese economist Mao Yushi told New Tang Dynasty that state owned enterprises operated totally at a loss and felt the pinch by paying to the state only 10% of the profits each year. The study report of "Beijing Tianze Economic Research Institute" shows that from 2001 to 2009, the average net assets of state-owned and state holding enterprises is 8.16%; the real average net assets is -6.29% without all of the subsidies. "Beijing Tianze Economic Research Institute" director Sheng Hong said to the Hong Kong Media, state-owned enterprises is the destroyer of the free enterprise system. For example, the Ministry of Railways is an executive branch apparently, it can not only monopolize the business but also obtain many government resources through administrative powers. Other than crazy investing, they also compiled some stories on many projects, which required much more money than the actual costs for these projects. So they took the remaining money to do the so-called third industrial investment. China anti-corruption reporter Wang Keqin: Logically speaking, you are all the owners of state-owned enterprises. Since you are shareholders, do you have shareholders right and the usufruct right? You don't even have the right to know and all of our rights have been representative. That's the most horrible thing of common ownership. China anti-corruption investigative reporter Wang Keqin talked in his university's lectures that farmers can do nothing on officials' demolition of their land because of common ownership. Common ownership also resulted in the governor or mayor's brother in law buying state-owned enterprises' several billions worth of property with just tens of millions. China's oil is monopolized by "PetroChina" and "Sinopec" two state-owned enterprises. "Beijing Tianze Economic Research Institute" released a report showing that the pre-tax price of the same quality refined oil in China is 31% higher than the average price in several major countries. The CCP's state-owned assets were from the first economic reforms of the CCP through the bloody way of expropriating the local tyrants and distributing land , as well as joint state-private ownership, etc., They captured the property of the landlords and capitalists as so-called state-owned. They expanded these state-owned enterprises with the strength of a country by the exploitation of cheap Chinese labor. Lastly, these properties fell into private pockets of the CPC oligarchs. 《神韵》2013世界巡演新亮点 http://www.ShenYunPerformingArts.org/

• published: 16 Nov 2013
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