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People's Daily Online>>China Business

About “not believing in fallacy”

By Ma Jie (People's Daily Online)

19:03, November 25, 2011

Beijing, Nov.25 (People's Daily Online) --Seen from the overall macro-situation and the economic operation situation of our group, we have encountered many difficulties, such as the continuous increase of cost, the constant intensification of competition and the ceaseless challenges against our business model. However, from the dialectical angle, we also have many development opportunities.

Therefore, we shall also firm up the spirit of “not believing in fallacy” in dealing with the strategic objective of “guaranteeing 8 percent growth, struggling for 9 percent” and the existing difficulties and challenges.

“Not believing in fallacy” is what Comrade Mao Zedong often said when he guided the Communist Party of China in the struggle for the Chinese revolution. We’ve just reviewed the past 90 years of history of our Communist Party and commemorated its great achievement, from which we’ve had more profound recognition of how to inherit the fine tradition and style of our Communist Party under the new situation.

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