The official Chinese Communist Party media released a report on the opening of the 2025 Lujiazui Forum in Shanghai on June 18, 2025. Former Director of the Northeast Office of the Hong Kong Wen Wei Po, Jiang Weiping, pointed out that the information revealed in this report sends a clear political signal that Xi Jinping is losing power.
According to the CCP media report, “At the opening ceremony of the 2025 Lujiazui Forum, Chen Jin Ning, member of the Central Political Bureau of the CPC and Secretary of the Shanghai Municipal Party Committee, Wang Jiang, Deputy Director in charge of the daily work of the Central Financial Office, Wu Qing, Chairman of the China Securities Regulatory Commission, Gong Zheng, Mayor of Shanghai, and Hu Haifeng, Deputy Minister of Civil Affairs, jointly unveiled the plaque for the China Capital Market Association.”
Jiang Weiping described the report as “shocking.” He said that during this time, there has been much discussion about who is in control of the power in Zhongnanhai, and this article has shown that the real wielders of power are probably political old-timers like Hu Jintao, Wen Jiabao, and Chi Haotian. “The important information is hidden in a small paragraph of the article.”
Jiang Weiping stated that CCP meetings are very particular, from who cuts the ribbon, to who stands in the front row, to the order in which names are mentioned in reports – every detail is carefully considered.
He said, “Having worked in the official media for 20 years, I understand this the most because you have to praise and write articles for people. If you put unimportant figures at the forefront and important ones in the background, you’re in trouble – the former might get removed from their position and investigated, while the latter could be sentenced to prison.”
He pointed out that it was only natural for Chen Jin Ning to cut the ribbon because he is the Secretary of the Shanghai Municipal Party Committee. “Hu Haifeng is just a deputy minister of the Civil Affairs Ministry, but he participated in the unveiling because he is Hu Jintao’s son.”
Jiang Weiping believes that if Hu Jintao and Wen Jiabao’s words no longer hold weight, how could Chen Jin Ning possibly use this unveiling to showcase Hu Haifeng?
He expressed, “It’s now crystal clear that Xi Jinping is losing power, and the analysis from overseas media is accurate. It’s just that Xi Jinping doesn’t want to step down and is hanging on. The fierce struggle between the old guard and Xi Jinping is intensifying, and the Fourth Plenary Session will reveal the outcome.”
【End of Translation】