Follow us on TWITTER: twitter.com Like us on FACEBOOK: www.facebook.com Wang Yukai, professor at National School of Administration and China' Administrative System Reform Association deputy, said that China has formed three major interest groups, of dignitaries, monopolists, and real estate & resources' group. Reform can be implemented only when the people are given their right to free and fair elections. At 2011 Annual Meeting on China's Reform, held in Beijing on January 8, Prof. Wang Yukai put forward his views. Today's China has three major interest groups, including dignitaries, monopolists, and real estate & resources' group. The dignitaries' interest groups are represented by officials of the Chinese Communist Party (CCP) in the political arena. The monopoly interest groups are represented by officials, monopolizing the enterprises. And the real estate & resource interest groups include officials in the real estate sector and resources industry. Prof. Wang reviewed the reason of the rapid emergence of such large-scale interest groups in China. It is due to CCP authorities' lack of justice, departmental interests' abuse and extensive national property losses, incurred during state-owned enterprises restructuring. Prof. Wang gave some suggestions, including breaking the illegal interests' chains in the institutional system; caring out strict official property declaration system; and introducing broad-based electoral system, returning people the right to vote for ...

Duration: 00:04:07   Rating:    View: 137
From: ChinaForbiddenNews
Keywords: Chinese, Communist, Party, (CCP), political, arena, China', Administrative, System, Reform, Association, deputy, dignitaries, monopolists, justice, departmental, extensive, national, property, losses, illegal, interests', chains, institutional

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