Government and Policy

CPC organizations important in private enterprises

(Xinhua)
Updated: 2011-06-21 18:08

"We are not trying to win a 'red hat' by establishing party organizations in our company," said Li, claiming that their party building efforts were not made to woo political favor.

Li said party building has helped them to weather the international financial crisis.

Yingli Solar was listed on New York Stock Exchange in June 2007, and its stock price began to plummet in September 2008 due to the fallout of subprime mortgage crisis.

Yang said the company struggled as it found it difficult to get financing either at home or abroad, and the company stood on the brink of being merged.

Yingli then organized a forum called "Scientific Outlook on Development", inviting party cadres in the financial sector across the nation. Yang said party building provided them a platform.

"The forum paid off in that it not only boosted the morale of our staff, but also showcased Yingli's strength to lenders and stockholders," Yang said.

In the ensuing 15 months from the end of 2008 to 2009, Yingli received a loan of 11 billion yuan, as well as a loan from Export-Import Bank of China, Yang said.

An expert with the research committee on party organizations in the non-public sector who asked to be anonymous, said party organizations in private companies help soften internal conflicts, safeguard employees' rights and interests, thereby promoting the healthy growth of these companies.

Wang Yuesen, party secretary of Shijiazhuang Tiedao University, said instituting party organizations in non-public enterprises would help accommodate rights and interests of various groups within the company.

Statistics from the Organizational Department of the Communist Party of China Central Committee showed that the number of grassroots party organizations had increased from 2.12 million in 1978 to 3.79 million by the end of 2009. There are nearly 80 million party members in total.

Despite the increase, party membership is no low-hanging fruit. To be a party member, one has to be exceptional and to go through a procedure that usually requires for two years that includes party education and a probationary period.

Yang Jianzhong glances at the mountain of applications on his desk. "I've got a tough job ahead of me," he says.