An iconic billboard in the quintessential boom city of Shenzhen features Deng’s famous statement that China's “basic line will not waver for 100 years.” If Deng was right, we are less than one-third of the way into the era of “reform and opening.” But four challenges identified by Premier Wen Jiabao in 2010, that growth becomes “unbalanced, unstable, uncoordinated, or unsustainable,” threaten the boom. The key to balance lies in increasing the consumer share of GDP, allowing China to create a modern consumer economy. Stability will depend on the government's ability to address grievances as the gap between winners and losers widens. Coordination is the great test facing the ruling Communist Party, of whether it can manage the politics of growth without fundamental changes to the system. Sustainability is an issue that has global implications, as citizens of a warming planet watch anxiously to see if China is successful in greening the boom. The fifth great challenge, left out by Premier Wen, may be the external one: whether the world is successful in making room for China.
Victor Yuan is chairman of the board, founder, and president of Horizon Research Consultancy Group, the leading polling firm on government policy issues in China, which he founded in 1992. Mr. Yuan has had 20 years of experience in professional marketing, social research and policy analysis, and management consulting. He has published more than 400 research pieces across various fields.
Among other prestigious posts, Mr. Yuan is Vice President of the China Marketing Research Association and President of the Beijing Consulting Association. He has been the anchor of Shanghai-based business TV show “Brainstorming” for two years. The show was recently rated the No. 1 Chinese language business TV talk show in Asia by a Singaporean-based Asian TV Festival. Mr. Yuan also has served as a long-term and strategic consultant for renowned multinational and domestic media and corporations both in China and abroad.
Mr. Yuan holds a Ph.D. in sociology from Peking University and an MPA from the John F. Kennedy School of Government, Harvard University.
We did an interesting comparison among intellectual opinion, business leader opinion and general public opinion. Among general public opinion, the big difference is between the young generation -- the single-kid [post-one child policy] generation -- the older generation, and the middle-aged generation. The interesting thing is that the intellectual opinion is further from the public opinion. For example, for the intellectual opinion, there is more negative attitude towards the government, much less trust for officials, and more criticism of policy. Many times, they want a kind of Westernized democracy. But the general public opinion is relatively more pro-government. Even with their criticism or the dissatisfaction with government performance, what they really want is for the government to improve their work. So, it's kind of a suggestion, or a requirement within the acceptance of the system itself, at first. The business group's overall feeling toward the system and toward the environment is, compared to the intellectual opinion, close to [that of] the general public. And, for example, when we talk about social stability, the intellectuals are very suspect of what kind of social stability we have. If we don't have freedom of speech, if we don't have human rights, social stability, itself, is not good. We should revise social stability at first, then we should build a new social order. So, that's basically saying that if the current social order is not just, we should revise it first. So then, we will achieve a high-quality, fair, just social order. That's not social stability, but social justice. So, that's a typical intellectual opinion. But it seems that, so far, the general public and business leaders don't want that kind of revision. In that sense, they are closer to the official standpoint. Many people say the Communist Party would easily form a partnership with the capitalists, whether in Hong Kong, Taiwan, or, also, in China. If the business group achieves success and they have sizeable assets, they really fear social disorder. They want to keep society stable. So, in that sense, the rich would easily develop an alignment with the government. But, the general public, the old and middle-aged, still have the historical experience of the Cultural Revolution, so that's why they don't want that. The younger generation is not really scared of that [revolution], but they don't care. What they really care [about] is "my life quality." So, it's more like an individual oriented philosophy. So, if we put these two together, it's very hard to win enough public support to really have a revolutionary change of the system. We don't have that of social foundation, especially from the point of view of public sentiment.
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