The debate regarding the future of China's political system is growing increasingly heated, and the openness of the debate is highly unusual. The article also said that it was unnecessary to debate whether China should have embraced such un-Marxist concepts as free markets, private enterprise and stock exchanges because such debate may stand in the way of policies which improve the lives of the people. The article lauded Deng's economic accomplishments, such as the growth of Shenzhen, and stated that China must fully embrace socialism.
Socialism is a euphemism for capitalism in China.
This debate will be important to monitor because these editorials are seen as Jiang Zemin's attempts to set the stage for the Party Congress in September. The upcoming party congress may reveal a new willingness on the part of Chinese leaders to give up their rigid central economic planning. China's leaders appear to have decided that reforming the state-owned sector of the economy is their top priority, and the market has enthusiastically applauded the idea. Sources from China Business and Investment say that 40 percent of the daily volume in Hong Kong is now directly linked to mainland sources. A year ago volume linked to the mainland was normally less than 10 percent.