September 30, 2019
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1:18Now PlayingChina’s National Day -- the anniversary of the founding of the People’s Republic of China -- is usually marked with speeches, flags, fireworks and the like. This Oct. 1 holiday will see “mass pageantry,” including a military parade, as 2019 carries particular significance for President Xi Jinping, marking 70 years of Communist Party rule. That’s one year longer than the Soviet Union lasted. It also is freighted with a series of potential challenges, from rising prices and a slowing economy on the mainland to pro-democracy protests in Hong Kong and a more confrontational U.S. government.
At 70, China’s Communist Party becomes the second-longest ruling party in history, about a year behind its neighbor, North Korea. But in January, Xi summoned ministers and provincial chiefs to Beijing to warn that “major risks” abound and their “long-term rule” wasn’t guaranteed. The speech came the same day China reported its slowest annual economic growth since 1990, in the wake of the Tiananmen Square crackdown (the 30th anniversary of that event this year went unmarked). At another big anniversary in May, the centenary of a student-led uprising, Xi stressed the party’s legitimacy and central role in building China into a budding superpower.
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